
Ethereum Developers Endorse Buterin's "Lean Ethereum" Vision, Emphasize Need for Faster Execution
Ethereum developers support Vitalik Buterin's "Lean Ethereum" vision but express concern over the speed of its implementation.

◆ Top story // Markets
New data from Visa indicates Circle's USDC is outpacing Tether in stablecoin volume, coinciding with a 63% spike in overall digital currency trading.

Ethereum developers support Vitalik Buterin's "Lean Ethereum" vision but express concern over the speed of its implementation.

Bitcoin's price dropped by up to 4% after MicroStrategy sold 3,600 BTC, though analysts anticipate a new buy announcement soon.

Securitize, fresh off its NYSE debut, plans to use its $400 million "war chest" to expand its institutional tokenization platform.

The UK's Financial Conduct Authority envisions a significant transformation in the financial system driven by agentic AI, programmable money, and tokenized assets.

DeFi protocol Summer.fi halted its Lazy Summer vaults after a $6 million exploit, causing its SUMR token to fall over 18%.

Cantor believes MicroStrategy's preferred shares must return to their $100 par value to reignite the company's capital engine.

Crypto hacks dropped 47% in H1, but Q2 saw a 59% surge to $807.5 million due to major exploits like KelpDAO and Drift Protocol.

MicroStrategy sold 3,588 BTC for $216 million to fund dividend payments, while Bernstein maintained its $150,000 Bitcoin price target.

Bitmine, the second-largest digital asset treasury, acquired an additional $74 million in ether, while "Strategy" sold a portion of its Bitcoin.

MicroStrategy sold 3,588 Bitcoin last week, raising $216 million to replenish dollar reserves for preferred stock dividends.

Belgium's Financial Services and Markets Authority (FSMA) has flagged six unauthorized crypto-asset service providers (CASPs) days after the EU's MiCA transitional period expired.

Russia's largest bank, **Sberbank**, is set to launch a **crypto wallet service** integrated into its **Sberbank Online** and **SberInvestments** platforms, pending a new bill's September enactment.

SpaceX's inclusion in the Nasdaq 100, described as the largest IPO ever, comes with historical warnings from prior entries like MicroStrategy.

The positive U.S. inflation outlook is providing significant support for Bitcoin investors, propelling the cryptocurrency to its best weekly gain since March.

Bitcoin stabilizes at $62,800 after a $58,000 dip, while the LIT token surges 50% and the Altcoin Season indicator hits a three-month high.

Bitcoin saw its highest close in nearly two weeks, but needs to push beyond $65,000 for a trend inflection, with $60.4K as a key area.

Bitcoin's Sharpe Ratio has dropped to its lowest level since 2022, indicating that risk-free assets like 10-year U.S. Treasuries offered better returns.

Ripple has secured a fully compliant crypto asset provider license in Luxembourg, making it fully MiCA-compliant across all 30 European Economic Area countries.

South Korea's media and communications review body is scrutinizing decentralized prediction market Polymarket for potential unregulated gambling activities.

Coinbase's AI product drew significant backlash after inaccurately pushing a World Cup result before the game even kicked off, prompting an internal investigation.

A Bitcoin address dormant for nearly 15 years moved $1.9 million in BTC amidst a New York lawsuit targeting inactive crypto holdings.

The week of July 6 will see the release of FOMC minutes and SpaceX's entry into the Nasdaq 100, events that could significantly sway crypto markets.

Vitalik Buterin announced Ethereum's "biggest rebuild" since The Merge, a multi-year overhaul of its protocol, as Ether rallied over 12% in seven days.

Bitcoin's price dropped by up to 4% after MicroStrategy sold 3,600 BTC, though analysts anticipate a new buy announcement soon.

Cantor believes MicroStrategy's preferred shares must return to their $100 par value to reignite the company's capital engine.

MicroStrategy sold 3,588 BTC for $216 million to fund dividend payments, while Bernstein maintained its $150,000 Bitcoin price target.

Ethereum developers support Vitalik Buterin's "Lean Ethereum" vision but express concern over the speed of its implementation.

Vitalik Buterin announced Ethereum's "biggest rebuild" since The Merge, a multi-year overhaul of its protocol, as Ether rallied over 12% in seven days.

Vitalik Buterin identifies **leanISA** and **RISC-V** as top candidates for **Ethereum's** new virtual machine, aiming to boost privacy and scalability.

XRP experienced a 3% price increase, pushing above the $1.14 resistance level, which is now being tested as crucial support.

Nansen analysis reveals that holders of Donald Trump-linked memecoins have collectively lost over $3.8 billion, with the majority of buyers in the red.

Moonbeam is migrating its operations from Polkadot to Coinbase's Base Layer 2 network and launching an AI agent framework, with GLMR holders urged to bridge tokens by July 31.

Securitize, fresh off its NYSE debut, plans to use its $400 million "war chest" to expand its institutional tokenization platform.

DeFi protocol Summer.fi halted its Lazy Summer vaults after a $6 million exploit, causing its SUMR token to fall over 18%.

Artem Tolkachev of Falcon Finance states that stablecoin success hinges on robust collateralization, not just high yield, as the market approaches $50 billion.

NFT brand Pudgy Penguins is launching its new Vibes Series 3 trading cards in Target stores nationwide, marking a significant expansion into mainstream retail.

The popular NFT project Pudgy Penguins has announced the closure of its mobile battle royale game, Pudgy Party, shifting focus to its immersive Pudgy World experience.

Pudgy Penguins is halting development of its mobile game, Pudgy Party, to concentrate resources on its immersive virtual world, Pudgy World.

The UK's Financial Conduct Authority envisions a significant transformation in the financial system driven by agentic AI, programmable money, and tokenized assets.

Belgium's Financial Services and Markets Authority (FSMA) has flagged six unauthorized crypto-asset service providers (CASPs) days after the EU's MiCA transitional period expired.

Russia's largest bank, **Sberbank**, is set to launch a **crypto wallet service** integrated into its **Sberbank Online** and **SberInvestments** platforms, pending a new bill's September enactment.

New data from Visa indicates Circle's USDC is outpacing Tether in stablecoin volume, coinciding with a 63% spike in overall digital currency trading.

Crypto hacks dropped 47% in H1, but Q2 saw a 59% surge to $807.5 million due to major exploits like KelpDAO and Drift Protocol.

Bitmine, the second-largest digital asset treasury, acquired an additional $74 million in ether, while "Strategy" sold a portion of its Bitcoin.