Crypto News

A DeFi protocol just proposed going private as its stewards believe the current DAO structure is creating a hurdle to close institutional deals.

In a grand theatrical flourish, federal prosecutors in Manhattan sent a 44‑page memorial to the judge, dismissing SBF’s pleas as legally untenable and morally opportunistic. The Inner City Press seized the moment, turning the court into a circus ground.

In today’s episode of “Crypto Innovations We Probably Don’t Need,” VALR, a South African crypto exchange, unveiled BITGOLD-a digital handshake between Bitcoin and tokenized gold (XAUT).

Ah, Strategy Inc., that enigmatic maestro of the markets, issued its preferred security STRC-a mouthful known as Strategy Inc. Variable Rate Series A Perpetual Stretch Preferred Stock-on the Nasdaq in July. A name so long, one might need a breath to finish it, yet it dances with the agility of a financial acrobat.

In a recent X post (formerly known as Twitter, for those of us still stuck in the last decade), Solana crowed about data from RWA.xyz, claiming it had, for the first time, overtaken Ethereum in RWA holders. Solana boasts 157,112 holders, while Ethereum trails with 153,592. However, the Plume network, a name that sounds more like a feather duster than a blockchain, leads the pack with 263,132 holders, despite having a lower total RWA value. A curious state of affairs, wouldn’t you say?

The “Balance of Power: 2026 Midterms” market on Polymarket has drawn over $3.3 million in trading volume, as bettors wager on which party will control Congress. The Democrats, it seems, are the darlings of this farce, with a 45% chance of sweeping both chambers-backed by $906,000 in bets. One might think they’re selling tickets to a parade, not predicting history.

Wells Fargo (WFC), one of the largest U.S. banks overseeing $1.7 trillion in assets, has filed a trademark application for a new digital asset-focused platform branded as WFUSD, signaling that the bank is pushing deeper into crypto and blockchain. (Or, as a certain playwright might say, “The show must go on-except now it’s on a blockchain.”)

Deputy Governor Sarah Breeden, that paragon of central banking gravitas, revealed the Bank of England might reconsider its “masterpiece” of regulation after being gently (or not so gently) reminded by the crypto sector that even a well-tailored rulebook can benefit from a second opinion.

But wait-there’s more! NIGHT’s price had a brief moment of glory, surging 13.5% in five minutes. A classic crypto tantrum, really. By the time you finish your coffee, it’s already back to its usual “I’m barely worth a latte” vibe. Still, at $0.052, it’s cheaper than a second-hand sofa. And who doesn’t love a good bargain?

Brave New Coin, that oracle of blockchain banality, reports AVAX hovering near $9.68, a price so pedestrian it might as well be scribbled on a tavern receipt. Traders, like drunken sailors, squint at charts hoping to divine a pattern in this cosmic cocktail of chaos.