An industry-wide reckoning is weeding out unsustainable startups, leaving behind only the protocols with real cash flow and actual users. www.coindesk.com
projects
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Finance
Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects
by shayaanby shayaanHut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4 quarterly filing …
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Scams
Bitcoin Red Team Says AI Is Finding Critical Exploits Across Core Projects
by shayaanby shayaanIn brief The initiative says it has scanned about 150 Bitcoin repositories and made more than a dozen vulnerability disclosures. The team …
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In brief Cashu creator calle said the campaign logged 85 critical and 635 high-severity issues in its first 30 hours. Contributors each …
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The crypto industry is entering a consolidation phase that goes deeper than anything seen in previous bear markets, according to ARK Invest …
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DeFi
Latest bear market victim shows how quickly DeFi users are left behind when crypto projects move on
by shayaanby shayaanSwell, a liquid staking and restaking protocol, is shutting down its Ethereum Layer 2 chain after deciding that slower restaking growth and …
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DeFiLlama, the largest data aggregator and dashboard for Decentralized Finance (DeFi), has revealed the ranking list of Top Projects by weekly TVL …
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Last reviewed: May 8, 2026. CLARITY Act status: passed House, pending Senate Banking Committee markup. The CLARITY Act is being sold as …
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Most NFT founders I talk to are still using ChatGPT for everything from copywriting, contract review, Discord posts, and whitepaper drafts. They’re …
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Markets
One person holds the keys to $200 million of a project’s crypto. His co-founder says that has to end
by shayaanby shayaanCo-founders Da Hongfei and Erik Zhang have conflicting restructuring plans, Da wants independent governance and multi-sig protection; Zhang wants accountability investigations and …