The new network powers Ondo’s recently-launched perpetual futures platform and will eventually support trading across onchain financial assets. www.coindesk.com
Drops
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Markets
Bitcoin drops as South Korean stocks tumble, Senate shelves crypto Clarity Act
by shayaanby shayaanBTC shed 2% as South Korea’s Kospi plunged 11% and the U.S. Senate shelved the Clarity Act, leaving the market facing a …
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Analysis
BONK Price Drops Nearly 10% as Treasury Drainer Sells Another 800B Tokens
by shayaanby shayaanThe BONK price has been experiencing immense selling pressure in the past few days after the wallet legally drained more than 4.42 …
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Analysis
BONK Price Drops 40% Since Treasury Drain as Fresh Token Sales Raise More Selling Fears
by shayaanby shayaanThe BONK price is struggling to find solid footing, and the latest on-chain activity isn’t doing holders any favors. According to Lookonchain, …
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Scams
Mira Murati Drops Her First AI Model After Leaving OpenAI—And It’s Fully Open Source
by shayaanby shayaanIn brief Thinking Machines Lab released Inkling on July 15—a 975-billion-parameter multimodal AI model trained from scratch, with full weights on Hugging …
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Belgium’s financial markets regulator has added six crypto platforms to its warning list after finding they are operating in the country without …
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The total value locked (TVL) in decentralized finance (DeFi) protocols has fallen to its lowest point in over a year, briefly dipping …
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Investor confidence in the cryptocurrency market continues to weaken. The Crypto Fear & Greed Index fell to 12, indicating that an “extreme …
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Trading activity across the decentralized finance (DeFi) ecosystem on Shiba Inu’s L2 blockchain, Shibarium, has disappeared, as DEX volume currently sits at …
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Decentralized finance is going through a reset after another stretch of shrinking liquidity. Aggregate DeFi total value locked has reportedly fallen sharply …