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Top observers.com News

Senate Passes Stablecoin Bill in Big Win for Crypto Industry
Cryptocurrency · United States

Senate Passes Stablecoin Bill in Big Win for Crypto Industry

57% Center coverage: 100 sources
A landmark bill to regulate cryptocurrency passed the Senate on June 17, creating a path for digital assets to go mainstream and representing a big win for an industry that spent heavily to get President Donald Trumpelected.See the Story
OpenEden Sees Rapid TVL Growth With On-Chain Investment Products
United States · United States

OpenEden Sees Rapid TVL Growth With On-Chain Investment Products

OpenEden is gaining significant traction, recently hitting an all-time high in platform activity ahead of its anticipated token launch.Launched in 2022 by Jeremy Ng—a former Managing Director at Goldman Sachs and former Asia CEO of Crypto.com—OpenEden set out to bring real-world assets like U.S. Treasuries on-chain.The project holds 8th place in the league of the largest U.S. Treasury bills tokenization projects.Currently, the platform offers us…Read Article
Bitcoin's Heavy Load: The OP_RETURN Debate Rolls On
Bitcoin

Bitcoin's Heavy Load: The OP_RETURN Debate Rolls On

A rare scandal has unfolded behind the technical facade of the Bitcoin network, which to non-specialist observers often appears consolidated and immutable. A recent change to the Bitcoin Core software—the dominant implementation powering around 90% of Bitcoin nodes—has stirred intense controversy. A proposal to lift the size limit on the OP_RETURN data field was merged into the codebase, despite facing broad opposition when it was announced in M…Read Article

InfiniFi: Bold Ideas, Fresh Tokens, and Rapid Capital Growth

InfiniFi is a new DeFi protocol that has been gaining traction rapidly. Within just a few days of launch, it attracted over $23 million in deposits.The concept is ambitious: increase yields by optimizing the allocation of deposited funds using blockchain mechanisms such as smart contracts and incentive structures.On-Chain Fractional Reserve ProtocolThe team describes its approach as an on-chain equivalent of the fractional reserve model used in …Read Article

Plasma Raises $500m in Oversubscribed XPL Token Sale for Stablecoin-Focused Blockchain

Plasma, a startup focused on stablecoins, raised an impressive $500 million in its latest public token offering, far surpassing its initial target. On June 9, Plasma announced on X that its public token sale for XPL sold out in just…StartupsSee the Story

Ethereum Foundation Unveils New Treasury Strategy to Secure Its ETH Reserves

Quarterly transparency reports debut alongside strategy, detailing asset allocation and ETH/fiat conversion thresholds publiclyCryptocurrencySee the Story

Whale Accumulation and Aave’s “Umbrella” Upgrade Stir Market as AAVE Tests Technical Support

Two whales bought ~$7.5M in AAVE with leveraged loans on June 6, per Lookonchain. Aave launched “Umbrella,” a new risk-management system to replace its Safety Module. AAVE price dropped ~5% to ~$250, testing critical Bollinger Band support near $255. According to on-chain tracker Lookonchain, two high-profile whales collectively purchased 29,739 AAVE tokens worth approximately $7.5 million on June 6.  One wallet (0x372c) reportedly borrowed $5 m…WhalesSee the Story

Tether Moves $3.9B in Bitcoin to Twenty One Capital

Tether and Bitfinex have moved 37,229.69 BTC, worth nearly $3.9 billion, to Twenty One Capital, a Bitcoin-native financial platform.Cryptocurrency ExchangeSee the Story

Still more on stablecoins

100% Center coverage: 1 sources
Some real experts weigh inSee the Story

How Worldcoin Is Trying to Build a Blockchain for Humans

Sam Altman’s proof-of-humanity startup, World (formerly Worldcoin), recently announced a $135 million funding round led by a16z and Bain Capital Crypto. The news gave the $WLD token a healthy boost, sending its price up by 20%. While World’s token and the broader project often grab headlines, what many people don’t realize is that the team has also built its own Layer 2 network called Worldchain, and it has been quietly gaining traction since it…Sam AltmanRead Article

Turn Bitcoin Into a Real Yield Source with Katana and Hassle-Free DeFi - NetNewsLedger

Katana, powered by its native token KAT, emerges as an advanced solution to maximize liquidity and enhance yields across major DeFi protocols such as Morpho, Sushi, and Vertex. This new blockchain is designed to provide a more efficient, profitable, and cohesive experience for retail users, large investors, and institutional entities. Backed by strategic partners includingBlockchainSee the Story

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