Links: Trading, valuations, and the end of crypto’s ‘golden age’
It’s getting harder and harder to trade crypto like the good ol’ days
It’s getting harder and harder to trade crypto like the good ol’ days
Reference: Aave Governance Aave Picks Chainlink CCIP As Default Standard For Cross-Chain sGHO Aave governance has moved to make Chainlink CCIP the default standard for cross-chain sGHO transfers, reinforcing the role of security-focused infrastructure in DeFi’s next phase. The Aave governance proposal focuses on launching sGHO cross-chain and using Chainlink’s Cross-Chain Interoperability Protocol as the…
This is a segment from The Breakdown newsletter. To read full editions, subscribe. “Corporations are legal entities that own themselves.” — Lynn Stout The idea that companies should be run for the benefit of shareholders is a relatively new one. For most of the 20th century, American corporations were instead operated according to the principle…
Crypto discussion across X, Reddit, Telegram, and other major social channels has fallen to its second-lowest daily level since October 2024, according to Santiment. Bitcoin holds near $64,609 through that same stretch, with an intraday high of $64,832 and a low of $61,823 in recent sessions. That combination usually reads as a setup in which…
This is a segment from The Breakdown newsletter. To read full editions, subscribe. “You have to enjoy failure.” — James Dyson In a 2003 research paper, Google engineers shared their new approach of building “reliable computing infrastructure from clusters of unreliable commodity PCs.” This was a radical change. Instead of paying up for super high-end…
The European Central Bank (ECB) selected 36 banks and payment firms to join a pilot of the digital euro starting in the second half of next year as it prepares the central bank digital currency (CBDC) for potential issuance in 2029. The group, selected from among 50 applicants, includes Adyen, Deutsche Bank, Revolut, SumUp, UniCredit…
In brief Since May 7, Empery Digital sold 1,400 Bitcoin for about $87.1 million, slashing its BTC treasury by nearly half. The firm repaid $10 million in debt, funded a pending property acquisition, and covered legal costs from ongoing stockholder litigation. As of July 10, the company holds 1,514 BTC and roughly $73.9 million in…