Market
DAOs
MakerDAO community decides to continue Sky rebrand amid centralization concerns in vote
Polling data reveals four entities control 80% of the vote share, exposing decentralization vulnerabilities.
Bankruptcy
Bankrupt FTX targets Crypto.com in $11 million lawsuit amid recovery effort
FTX revealed that Crypto.com had also filed claims of more than $18 million during this bankruptcy process.
Crypto
Ethereum ecosystem treasuries top $22 billion, with resources poised to support network’s future growth
Ethereum Foundation prioritizes integrity with new policy following recent advisory role controversies.
Exchanges
Coinbase’s Brian Armstrong champions ‘crypto mom’ Hester Peirce for SEC chair
Peirce's leadership at SEC could bring fresh optimism to crypto regulation, shifting the dynamics with current chair Gensler.
AI
Galaxy Digital explores AI potential in response to Bitcoin mining slowdown
Galaxy's AI pivot aims to counteract Bitcoin mining losses and maximize future revenue opportunities.
Exchanges
Kraken lawyer slams SEC legal strategy, draws parallels to Ripple case misstep
The SEC moved to dismiss Kraken's major defenses in their ongoing legal battle.
ETF
Staking could lower fees and boost interest in Ethereum ETFs, analyst claims
Staking could enable Ether ETFs to offer near-zero management fees, attracting more investors and solidifying Ethereum's network.
Bitcoin
Coinbase premium hits seven-month peak as Bitcoin sees renewed US demand
Coinbase premium surge signals increasing US institutional interest post-Trump victory.
Technology
Ethereum Foundation launches Mekong Testnet ahead of Pectra upgrade
Developers will fine-tune Ethereum's Pectra EIPs in a short-lived Mekong Testnet environment.
Stablecoins
Wintermute proposes fee switch for fair revenue sharing in Ethena protocol
Wintermute highlights need for transparent revenue guidelines for sENA holders amid Ethena's growth.
People
FTX’s former CTO pleads for non-custodial sentence, cites aid in Bankman-Fried’s conviction
Wang emphasized his minor role and collaboration with authorities in bid for non-custodial sentence.
Politics
French trader netted $79 million from Donald Trump wagers on Polymarket
Theo's high-stakes election wagers had been scrutinized for market manipulation concerns.
