Coinbase Chief Legal Officer Paul Grewal will depart the exchange, though he’ll continue as an adviser, he said Thursday.
Coindesk
Arbitrum jumps 19% benefitting from Robinhood’s $568 million onchain trading frenzy
The brokerage’s new blockchain is off to a fast start, with memecoin trading boosting activity and revenue flowing back to the Arbitrum ecosystem.
Newest version of crypto Clarity Act may drop as soon as next week, sources say
After a long stretch without breakthroughs in the crypto market structure bill, insiders say a new draft may emerge in a final push for late-July action — though it still lacks bipartisan buy-in.
Billions flowing out of bitcoin ETFs and private credit funds suggest rising market risks
Redemption requests in the $2 trillion private credit market surged to $15.6 billion in the second quarter, dwarfing bitcoin ETF outflows.
AI contracts, not bitcoin, now drive miner valuations, and Cipher and TeraWulf look cheap, says analyst
Compass Point analysts Michael Donovan and Ed Engel said markets are giving little credit to future AI data center pipelines despite billions of dollars in signed leases.
Troubles for bitcoin ETFs and private credit funds suggest rising market risks
Redemption requests in the $2 trillion private credit market surged to $15.6 billion in the second quarter, dwarfing bitcoin ETF outflows.
AI contracts, not bitcoin, now drive miner valuations, and Cipher and TeraWulf look cheap
Compass Point analysts Michael Donovan and Ed Engel said markets are giving little credit to future AI data center pipelines despite billions of dollars in signed leases.
Ethereum’s newest nonprofit wants to become Wall Street’s guide to crypto
In this week’s edition of The Protocol Newsletter, we’re digging into Ethereum Institutional, a new nonprofit aimed at educating financial institutions and banks about Ethereum.
Aave rolls out vaults for yield-hungry fintech investors
Aave’s new Stable Vaults product lets wallets, exchanges and payment apps offer yields on stablecoin deposits
Age verification is the surveillance nobody voted for
KOSA and Chat Control both retreated on their most-criticized measures this week, but both kept mandatory age verification, the quiet mechanism that turns anonymous browsing into identified browsing for all of us, argues Billions CEO Evin McMullen.