Morpho Association raised $175M from the likes of a16z and Paradigm, marking the largest funding round in DeFi history and valuing the protocol at approximately $2Bn. Co-founded by Merlin Egalité, the protocol boasts over $11Bn in deposits and powers lending for major platforms like Coinbase, Kraken, and Binance. While it may seem like a typical
The exchange argued that tracking gains on stablecoin purchases creates administrative complexity without generating meaningful tax revenue. Coinbase’s vice president of tax, Lawrence Zlatkin, testified before the House Ways and Means Committee on June 9, asking lawmakers to stop requiring Americans to calculate capital gains every time they spend a stablecoin or pay a
Anthropic has proposed new AI policy frameworks as advanced systems gain stronger capabilities. Summary Anthropic proposed new AI policy frameworks covering frontier model safety and economic preparation. The framework calls for government powers to block or deter dangerous AI deployments. Anthropic wants independent testing, stronger security rules, and resilience plans for AI-related risks. The company
U.S. spot Bitcoin ETFs assets stood at $77.58Bn as of June 10, 2026, precisely where they were the week Donald Trump won the presidential election in November 2024. In the intervening 19 months, these funds climbed to a record $169.54Bn, then bled back every dollar of those gains. Over just the past four weeks, Bitcoin
SOL looks “absolutely bullish” at the moment, one analyst claimed. The past few weeks have been devastating for the cryptocurrency market, with Solana (SOL) being hit especially hard. And while some analysts expect further losses in the near future, certain indicators signal that a much-needed recovery could be knocking on the door. Buy Now?
Bitcoin has erased its post-CPI gains after renewed threats from U.S. President Donald Trump against Iran pushed traders back into risk-off positioning and sent the crypto asset below $62,000. Summary Bitcoin gave up its CPI-driven gains after renewed U.S.-Iran tensions pushed traders back into risk-off mode. Donald Trump warned Iran would “pay the price” and
In Hyperliquid news today, the Hyperliquid Policy Center and venture capital firm Paradigm filed a joint letter to the US Treasury on Tuesday urging a revision of the proposed anti-money-laundering rule tied to the GENIUS Act, warning that the current draft could force US-regulated stablecoins entirely out of DeFi by January 2027. Hyperliquid’s HYPE token
Despite the predicted downfall, one analyst labeled HYPE as one of the best altcoins investors can hold for the long term. HYPE stood out as a rare outperformer amid a sharply declining crypto market, with its price hitting a new all-time high at the beginning of the month. However, it has since pulled back
Ripple has launched a new developer toolkit for building AI-powered payment applications on the XRP Ledger, adding support for x402 payments using XRP and RLUSD as interest in agentic transactions continues to grow. Summary Ripple has launched the XRPL AI Starter Kit, giving developers tools to build agent driven payment applications on the XRP Ledger.
Cardano (ADA USD) is trading near $0.16, clinging to multi-year lows with a 24-hour crash of around -4.4%, compounding on a brutal 7-day decline of nearly -26%. The numbers tell a story most ADA holders don’t want to read, and there’s a detail buried in the on-chain data that makes the chart look even uglier