Author: James Wilson

Strategy has repeatedly rejected the idea of releasing proof of reserves, citing various reasons for this stance. Recently, Strategy chairman Michael Saylor, the company CEO Phong Le, and Executive Vice President Andrew Kang provided new comments on why Strategy is so reluctant about releasing proof of reserves and outlined that increasing transparency is not impossible. Summary During the earnings call, Strategy’s execs expressed reluctance to release proof of reserves They cited security issues, a desire not to stir markets with routine custody reshuffles, decent third-party audits, and a shortage of employees as the reasons for the lack of on-chain transparency…

U.S Securities and Exchange Commission does not view certain liquid staking activities as the offer and sale of securities. Summary SEC’s Division of Corporation Finance has provided guidance regarding certain liquid staking activities. The regulator says crypto liquid staking is not an offer or sale of securities under federal securities laws. In a press release, the SEC says that liquid staking activities are not considered securities when applied in the sense of staking cryptocurrencies via protocols and receiving liquid tokens as receipts confirming ownership of the staked assets.  SEC shared its guidance after a statement clarifying the view on liquid…

State Street Investment Management partnered with State Street to educate tradFi on crypto. Summary Stablecoin Standard and State Street IM partnered to educate tradFi on crypto State Street is one of the world’s biggest asset managers, with $4.67 trillion AUM Stablecoins and tokenization have become one of the most attractive crypto segments for tradFi Major institutional players are increasingly focusing on stablecoins. On Tuesday, August 5, State Street, one of the world’s biggest asset managers with $4.67 trillion in assets under management, teamed up with Stablecoin Standard to educate industry players on crypto. This initiative will particularly focus on stablecoins…

The Succinct Prover Network is entering the market at full speed with an active ecosystem already securing billions across Ethereum, Solana, and Bitcoin, suggesting that the demand for ZK infrastructure isn’t just real; it’s accelerating. Summary Succinct has launched what it claims is the first decentralized proving layer for zero-knowledge computation, debuting with 1,700 programs and $4B secured. The network supports both SNARKs and STARKs, with a modular, proof-system-agnostic design aimed at scalability across Ethereum, Solana, and more. PROVE, its native token, powers staking, fee payments, and security alignment, and has already been listed in Binance’s HODLer Airdrop. On August…

Cronos price moved sideways on August 5, mirroring the performance of Bitcoin and most altcoins. Summary Cronos price has formed a bullish pennant and a golden cross pattern. The total value locked of the decentralized finance ecosystem is soaring. The stablecoin supply on Cronos has jumped to a record high. Cronos (CRO) token was trading at $0.1347, a range it has remained in over the past few days. This price is about 74% above its lowest level this year, with technicals pointing to more gains. Cronos DEX and stablecoin ecosystem is growing DeFi Llama data shows that the decentralized finance…

Hylo is a permissionless DeFi protocol built entirely on Solana, designed for those waiting on TradFi hand-holding or centralized stablecoins that glitch when things get spicy. It introduces a dual-token setup that actually makes sense: hyUSD, a decentralized stablecoin backed by liquid staking tokens (LSTs). xSOL, a synthetic token offering long-term, passive leveraged exposure to SOL. No custodians. No fiat. No real-world assets hiding under the hood. Just pure, on-chain mechanics engineered for Solana’s speed and scalability. This isn’t just another stablecoin protocol. Hylo is building an independent, self-contained monetary system that stays native to Solana—complete with built-in risk management,…

Gaming tokens and metaverse coins are the next big thing in the cryptomarket. In this article, we will shed some light on the ENJ coin or Enjin coin and everything about it you need to know before investing. Further, we’d be going through the steps to buy ENJ and also have a look at the platforms where you can buy Enjin tokens. Summary ENJ is the native currency of the Enjin ecosystem.NFTs can be melted into ENJ.ENJ is based on the Ethereum blockchain.You can buy ENJ on different exchanges like 1inch and Coinbase.  What is Enjin? Enjin provides an ecosystem…

Holo is the native token of the Holochain platform that aims to create an efficient alternative to centralized systems. In this article, we will explore the process to buy HOT or Holo Tokens; moreover, we’d also discuss the pros and cons of owning HOT and whether it is a good investment opportunity or now. Summary HOT is the native currency of Holochain.Holo is a peer-to-peer platform to host decentralized applications created by Holochain. It was created to make a new ecosystem around Holochain. The platform has over 1000+ developers working and the github has over 28K+ commits.Further, you can buy HOT on…

Coinbase is launching CDP Embedded Wallets, which use email login instead of seed phrases. Summary Coinbase launched seedless CDP Embedded Wallets. Users will be able to log in with just an email. Developers can embed these on their websites. Crypto apps may get much simpler to use after the latest launch by Coinbase. On Tuesday, August 5, the largest crypto exchange in the U.S. launched CDP Embedded Wallets to make the crypto wallet experience easier. CDP Embedded Wallets are a developer toolkit that lets crypto apps and websites create wallets for their users easily. These wallets support email, phone login,…

BounceBit has added support for Franklin Templeton’s tokenized money market fund, with the integration targeted at bringing structured yield strategies to investors. Summary BounceBit has added Franklin Templeton’s money market fund to its BounceBit Prime platform. Investors can leverage the integration to access structured yield strategies. BounceBit announced its integration with asset manager Franklin Templeton on August 5, noting that the firm’s tokenized money market fund is now accessible via the Blockchain Capital and YZi Labs-backed platform’s BounceBit Prime product. Adding Franklin Templeton’s money market fund to BB Prime makes  BounceBit the go-to platform for structured yield in the real-world…