Author: James Wilson

XRP Ledger has deployed fixes for several software issues after a security review uncovered edge cases and bugs in the network’s core implementation. Summary XRP Ledger fixed multiple software issues in the XRPL 3.2.0 upgrade after Common Prefix uncovered bugs and edge cases during a formal security review. Common Prefix will next conduct formal verification of XRPL’s Single Asset Vault and Lending Protocol proposals as development expands into DeFi and tokenization. XRP rose about 3.6% to an intraday high of $1.16, while debate continued over Ripple’s XRP escrow strategy and future token releases. According to the XRP Ledger Foundation, the…

Strategy has increased its cash reserves by $300 million while adding 520 Bitcoin worth roughly $35 million, highlighting a growing focus on liquidity alongside continued cryptocurrency purchases. Summary Strategy bought 520 Bitcoin for $35 million, raising its total holdings to 847,363 BTC. A June 22 filing showed the company increased cash reserves by $300 million to $1.4 billion. Debate over STRC intensified as critics questioned Strategy’s capital structure despite Saylor’s defense. According to a June 22 filing, the company acquired 520 Bitcoin at an average price of $67,068 per coin, bringing its total holdings to 847,363 BTC. The purchase followed…

Perpetual futures, or perps, are the most traded instrument in crypto. They let you bet on price with leverage and never expire, held in line with the spot market by a clever fee called the funding rate. They are powerful, they are dangerous, and in 2026 they are finally arriving onshore in the United States. Summary Perpetual futures let traders take leveraged long or short positions without an expiry date, using funding rates to keep prices aligned with the spot market. Funding payments flow between longs and shorts, while leverage and margin determine how quickly a position can be liquidated…

Every time you trade on-chain, an invisible competition decides the order of transactions in the next block, and whoever controls that order can extract value from yours. That is MEV. It funds a hidden industry, quietly taxes ordinary users, and shapes the design of every modern blockchain. Summary MEV lets block producers profit by controlling transaction order, creating opportunities such as arbitrage, liquidations, and sandwich attacks. Flashbots and MEV Boost transformed MEV into a structured marketplace, allowing validators to earn rewards without directly extracting value themselves. Private transaction routes and MEV aware trading platforms can help users reduce exposure to…

In the days before a key Senate vote, the American Bankers Association sent more than 8,000 letters trying to change one provision of the CLARITY Act. The fight is not really about crypto. It is about whether stablecoins are allowed to compete with bank deposits, and the answer could reshape both industries. Summary Banks are fighting the CLARITY Act mainly over stablecoin yield, not the whole bill. Yield-bearing stablecoins threaten bank deposits by offering a dollar-like product with income. The Tillis-Alsobrooks compromise tries to block passive yield while preserving activity-based rewards. The fight shows crypto has become a direct competitor…

The Bank of England has removed proposed limits on individual stablecoin holdings and eased reserve requirements in its final policy and draft rules for systemic stablecoins. Summary The Bank of England has dropped proposed individual stablecoin holding caps and set an initial £40 billion issuance limit per token. Stablecoin issuers can now hold up to 70% of reserves in short term government debt, up from the 60% level proposed in earlier consultations. Regulators revised the framework after industry concerns that ownership caps and reserve requirements could make sterling stablecoins difficult to scale. The central bank said on Monday that it…

A new Ethereum research proposal would let validators redirect part of their staking rewards toward shared ecosystem funding.  Summary Validators could redirect between 0% and 10% of staking rewards toward shared Ethereum ecosystem funding. The proposal estimates a 5% to 10% redirect could raise 50,000 to 70,000 ETH yearly. Critics worry staking operators, not ETH holders, may decide where redirected rewards are sent later. The mechanism, called validator redirected revenue, would allow a redirect rate from 0% to 10% of staking income. Validators would signal both the rate and the addresses they want to support. If 51% of validators back…

Altura will begin winding down its stablecoin yield vault after a sharp rise in withdrawal requests over the weekend.  Summary Altura processed more than 8.5m USDT in instant redemptions before announcing the stablecoin vault wind-down. Withdrawal pressure followed Main Street’s msUSD depeg, though Altura said it had no direct exposure. Some portfolio positions need standard settlement periods, so redemptions will continue as underlying capital returns. CEO Ranveer Arora said the protocol processed more than 8.5 million USDT in instant redemptions over 24 hours before deciding to close the vault in an orderly way. Arora said the team made the move…

Cardano founder Charles Hoskinson has defended recent AI content tests after users criticized an AI-generated post shared through Input Output’s X account.  Summary Hoskinson said AI agents could help Cardano scale updates, community tasks and Midnight City activity. Midnight City uses autonomous agents to test privacy views for users, auditors and regulators alike. The debate followed backlash over AI-generated influencer content shared through Input Output’s X account recently. The discussion followed his June 20 post titled “AI Slop, IOG X, and the Future of Marketing,” where he addressed how the team is testing new tools for communication. Hoskinson said the…

Blockstream CEO Adam Back said concerns over Strategy’s small Bitcoin sale are overblown, framing the move as normal treasury management rather than a warning sign for the company’s Bitcoin plan. Summary Adam Back said Strategy’s small Bitcoin sale showed balance sheet flexibility, not bearish treasury change. Strategy sold 32 BTC for about $2.5 million to fund preferred stock dividend payments due. Crypto.news later reported Strategy bought 1,550 BTC, keeping its accumulation story active for now again. Speaking in a Bloomberg interview shared on YouTube, Back addressed questions about Strategy selling 32 BTC to help pay preferred stock dividends. He said…