News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
INDEX Project to Launch Tokenized Oil with Delivery Option
The INDEX project is set to launch LITRO, a tokenized oil coin backed by physical crude, with a release planned for early 2027.
Sarah Chen2 min - News
OP Labs Cuts 20% of Workforce Following Base's Shift to Its Own Stack
OP Labs has laid off 20% of its workforce to streamline operations after Base's transition to its own architecture, according to CEO Jing Wang.
Sarah Chen2 min - Crypto
Hyperliquid Surpasses $4 Trillion Milestone and Launches Prediction Markets
Hyperliquid has surpassed $4 trillion in trading volume and launched prediction markets, while the HYPE token is projected to rise significantly by August.
James Park2 min - Crypto
Multicoin Identifies Decentralized Labor Markets as a New Driver for Crypto Industry
Multicoin Capital's Shayon Sengupta predicts that decentralized labor markets will transform how users earn cryptocurrency, moving from buying to earning through tasks.
Sarah Chen3 min - Crypto
CryptoQuant Highlights Ethereum's 'Adoption Paradox'
CryptoQuant analysts reveal a paradox in Ethereum's adoption, highlighting a surge in network activity despite a significant price drop.
Sarah Chen1 min - Crypto
Ethena's Capital Plummets 60%, Indicating Weak Demand for Longs
Ethena's capital in market-neutral strategies has dropped significantly, indicating weak demand for long positions in the crypto market.
Aisha Patel2 min - Crypto
Aave Oracle Failure Leads to $26 Million Liquidations
Aave faced a significant oracle failure, leading to $26 million in liquidations of wstETH positions due to a misconfiguration in its price oracle.
Aisha Patel1 min - Crypto
Ethereum Developers Unveil Prototype of Native Rollups Without ZK Proofs
The Ethrex team, alongside the Ethereum Foundation, has launched a prototype for native rollups that do not rely on ZK proofs, aiming to simplify Ethereum's transaction validation process.
Sarah Chen1 min - Crypto
Tokenized Oil Surpasses Ethereum on Hyperliquid Exchange
Trading volume for tokenized oil contracts on Hyperliquid surged, surpassing Ethereum's popularity on the platform amid high volatility in commodity markets.
Marcus Reid2 min - Crypto
Arkham Analysts Track Asset Movements of BitMine and Bhutan
Arkham Intelligence reports significant asset movements by BitMine and the government of Bhutan, highlighting trends in cryptocurrency holdings among institutional investors.
Daniel Kim3 min - Crypto
Coinbase and Kraken Expand Trading Instruments
Coinbase has launched regulated futures trading in Europe, while Nasdaq partners with Kraken to develop a platform for tokenized stocks, set to launch in 2027.
Aisha Patel1 min - Crypto
Strategy Acquires 17,994 BTC for $1.28 Billion
Strategy has purchased 17,994 BTC for $1.28 billion, raising its total holdings to 738,731 BTC, despite facing a $6 billion unrealized loss.
Marcus Reid2 min