Author: James Wilson

Vitalik Buterin has proposed an options-based design for crypto index products that could reduce DeFi’s dependence on forced liquidations. Summary Vitalik Buterin proposed an options-based DeFi design to reduce reliance on sudden liquidation systems. Buterin said options contracts could help create crypto index assets without the need for collateralized debt positions. The proposed model could use slower oracles to reduce risks associated with manipulated price feeds. Buterin’s research post, published Monday, set out a model where index-tracking crypto assets use options contracts instead of collateralized debt positions, the structure used across many DeFi lending and synthetic asset systems. Buterin Proposes…

On June 1, 2026, Strategy disclosed in an 8-K filing that it sold 32 Bitcoin between May 26 and May 31 at an average price of $77,135, raising about $2.5 million. It was the company’s first Bitcoin sale since December 2022, and for an outfit built on Michael Saylor’s promise never to sell, the symbolism landed harder than the number. Summary Strategy sold 32 Bitcoin for about $2.5 million, marking its first Bitcoin sale since December 2022. Proceeds from the sale are expected to fund preferred stock dividends as the company’s mNAV premium has narrowed. The transaction represented just 0.0038%…

Japan’s ruling party is pushing crypto ETFs and yen stablecoins, and that could turn SoftBank from a crypto-adjacent conglomerate into a central piece of Japan’s on-chain financial infrastructure. Summary Japan’s LDP wants a legal framework for crypto ETFs and broader use of yen stablecoins across Asia. SoftBank already controls important consumer rails through PayPay and its 40% stake in Binance Japan. Masayoshi Son’s AI infrastructure push makes SoftBank look less peripheral to this transition and more embedded in it. Japan’s ruling Liberal Democratic Party has now moved beyond abstract crypto reform and into something more strategic: a formal proposal for…

Strive has expanded its fundraising plans by $4.2 billion as the Bitcoin treasury company seeks additional capital for future BTC purchases. Summary Strive plans to expand its ASST and SATA fundraising programs by $4.2 billion to support additional Bitcoin purchases. The company recently acquired 1,109 BTC for $85.4 million, increasing its holdings to 16,500 BTC and moving ahead of Coinbase and Riot Platforms. Strategy disclosed the sale of 32 BTC worth about $2.5 million, with proceeds expected to support distributions tied to its preferred stock offerings. According to a June 1 X post by Strive chief executive Matthew Cole, the…

President Trump signed the executive order establishing the Strategic Bitcoin Reserve on March 6, 2025.  Summary Trump’s Strategic Bitcoin Reserve exists as a no-sell directive, not an active acquisition program yet. The U.S. government reportedly holds about 328,372 BTC, but custody and legal questions remain unresolved. Lummis’s BITCOIN Act targets 1 million BTC, while ARMA offers a more conservative legislative path. The next announcement may formalize custody and legal frameworks, not authorize direct Bitcoin purchases. Fourteen months later, in May 2026, White House digital asset advisor Patrick Witt told the audience at Consensus Miami that a “major announcement” on the…

The GENIUS Act, signed into law on July 18, 2025, established the first comprehensive federal framework for stablecoins in the United States.  Summary USDC’s reserve structure already matched the GENIUS Act’s core requirements before the law passed. Circle’s banking, custody, and reserve-management links helped push USDC toward Wall Street infrastructure. Broker-dealer capital treatment and FIS integration made USDC more useful for regulated financial firms. Circle’s CRCL listing validated the stablecoin business model, but reserve-income dependence remains a risk. Circle’s USDC was already operationally aligned with what the law required: 98.9 percent of reserves in short-dated US Treasuries and cash equivalents,…

Gnosis Pay users were urged to withdraw funds after an active exploit linked to the platform’s Zodiac delay module, according to posts from Gnosis co-founder Martin Köppelmann and blockchain security firm PeckShield. Summary Gnosis Pay users were told to withdraw EURe and GNO after a delay module exploit. Köppelmann said the bug lets an attacker initiate transactions from Safes using the module. Gnosis said it would cover user losses while asking bridge validators to pause activity. “If you are a Gnosis Pay user – unfortunately I have to recommend: withdraw all funds (EURe and GNO),” Martin Köppelmann said on X.…

Kyle Samani said Web3 is dead, adding that DeFi and DePIN are the only major crypto sectors left with a clear role. Summary Kyle Samani said Web3 is dead, naming DeFi and DePIN as crypto’s remaining core sectors. Eli Ben-Sasson said crypto faces identity pressure as institutions enter while longtime crypto OGs leave. Recent reports show DeFi, DePIN, and tokenization still draw broad market attention globally. “Web3 is dead. All we have is DeFi and DePIN,” Multicoin co-founder Kyle Samani said in a post on X. The comment came in response to a wider debate started by StarkWare CEO and…

CertiK has reported that crypto losses from hacks and exploits have fallen to $68.3 million in May, nearly 90% lower than the roughly $650 million stolen in April. Summary Crypto losses fell to $68.3 million in May, nearly 90% lower than the roughly $650 million recorded in April, according to CertiK. Verus Protocol and THORChain suffered the two largest exploits of the month, with combined losses exceeding $21 million. CertiK reported a rise in AI-assisted malware activity as attackers targeted code repositories and AI coding tools. According to blockchain security firm CertiK, May became the third month of 2026 to…

Canadian billionaire Frank Giustra has challenged Bitcoin’s “digital gold” label again, arguing that crypto can still be traced and seized by governments. Summary Frank Giustra said crypto can be traced and seized, weakening Bitcoin’s digital gold claim. His comments followed US claims of nearly $1 billion in Iran-linked crypto seizures. The debate comes as governments hold seized Bitcoin and increase blockchain enforcement actions. Giustra made the comments after U.S. Treasury Secretary Scott Bessent discussed the seizure of nearly $1 billion in cryptocurrency linked to Iran. The remarks renewed debate over whether Bitcoin can serve as a safe-haven asset like gold.…