Parse notes
South Korea's financial regulator has directed Apple to remove 14 unregistered cryptocurrency apps, including KuCoin and MEXC, from the App Store as part of its efforts to enforce compliance with local regulations. This move aims to protect investors and ensure that only properly registered platforms are accessible to users in the country.
A major vulnerability in the widely used ESP32 chip is putting bitcoin wallets at risk by allowing hackers to forge transaction signatures or steal private keys. Found in hardware like Blockstream Jade, the chip's flaws have already been exploited by researchers to access a real wallet with 10 BTC, raising serious concerns among the crypto and cybersecurity communities.
Celestia's mamo-1 boasts 21.33MB/s throughput, over 16 times higher than the current mainnet. It uses the Vacuum! protocol, a pull-based broadcast tree mechanism, to efficiently propagate data across the network. mamo-1 allows high-throughput applications like ZK rollups and onchain games to be built using modular architectures.
Coinbase just launched CDP Wallets (Alpha), ultra-fast, developer-custodied wallets secured by Trusted Execution Environments with no infrastructure or key management required. Designed for bots, agents, and onchain apps, they include built-in policy controls and work seamlessly with popular Ethereum tools.
Zero-knowledge (zk) technology lets users prove facts, such as being over 18 or having a valid ticket, without revealing personal data, enabling a more private and secure internet. Beyond privacy, zk also boosts blockchain efficiency by verifying small proofs instead of every transaction, unlocking applications like anonymous voting, cheat-proof games, and decentralized identity. This is all achieved without needing to share sensitive info.
Stablecoin attestation reports offer a snapshot verification by independent auditors that confirm a stablecoin's circulating supply is backed by liquid, real-world assets. They detail reserve composition, methodology, and exclusions, providing essential transparency to investors and regulators. As point-in-time checks, they do not replace comprehensive audits, but are useful for anyone holding stablecoins who wants to understand their composition.
Crypto is maturing beyond its hype-driven, speculative past into a more disciplined, fundamentals-focused industry. The industry increasingly demands longer time horizons, product-market fit before token launches, and genuine utility. Most traditional crypto VC firms, built for quick liquidity via SAFTs and early TGEs, are unprepared for this shift, while firms with patient capital, governance expertise, and IPO-readiness are positioned to lead the next wave of sustainable growth.
Stablecoin adoption is accelerating across Asia, fueled by supply growth and user engagement alongside emerging regulatory clarity. Each region has a unique strategy, with Japan and Hong Kong driving government-led initiatives, Singapore leveraging institutional support, and Korea focusing on retail adoption, while China and India prioritize CBDCs. Interoperability is necessary for scaling stablecoin usage, with protocols like LayerZero allowing for unified supply management and secure cross-chain transfers.
Only 20 out of 181 registered Bitcoin service providers are currently operational in El Salvador, with the majority failing to meet the requirements set forth in the nation's Bitcoin Law.
Bitcoin is showing more resilience to macroeconomic challenges, outperforming traditional financial markets during recent downturns.
This chart highlights the difference between Ethereum's transaction-based revenue model and BlackRock's AUM-based model.
Binance experienced service disruptions due to a temporary AWS network issue and briefly suspended withdrawals.