Users spent a record $324 million on onchain gacha in June, even as Bitcoin hit a 21-month low. The thrill of scoring a top Pokemon card from a random pack is becoming big business

Users spent a record $324 million on onchain gacha in June, even as Bitcoin hit a 21-month low. The thrill of scoring a top Pokemon card from a random pack is becoming big business
Prediction markets reached a record $113.8 billion in notional volume in Q2 as spot CEX trading, derivatives volume and stablecoin market cap declined.
MoonPay acquired Glide, a crypto infrastructure startup founded by former Robinhood Wallet engineers, to expand cross-chain crypto deposit infrastructure.
The market capitalization of tokenized stocks rose to a record $2.3 billion, as investors sought exposure to the growing list of tokenized equity products launched by cryptocurrency exchanges.
The global task force said criminal networks are using stablecoins and developing proprietary tokens to evade asset freezes as countries struggle to enforce crypto AML rules.
ARK Invest’s director of research disputed a16z crypto’s thesis that traditional finance will adopt permissioned blockchain infrastructure instead of decentralized finance, saying institutions will increasingly rely on DeFi rails.
Visa and Artemis found that infrastructure bottlenecks are preventing broader commercial adoption of the autonomous AI agent economy.
The Senate approved a resolution opposing clemency for former FTX CEO Sam Bankman-Fried as prediction markets put the odds of a Trump pardon by July 31 below 1%.
Tether reportedly invested $20 million into Ualá, as part of the Argentine neobank’s $197 million funding round announced earlier in March.
Bitcoin realized losses appeared to be copying a reversal structure that marked previous bear-market bottoms, with $69,000 a new BTC price battleground.
Vlad.fun suspended its platform after discovering a “serious internal integrity issue” involving members of its team, without disclosing the nature of the alleged misconduct.
The deal gives Hyperion an equity stake in Skew and a share of listing-service revenue as it expands the utility of its HYPE treasury assets.
US President Donald Trump is set to meet with several senators on Thursday as negotiators race to get the CLARITY Act across the line before the Senate’s August recess.
Base creator Jesse Pollak is stepping back from leadership of the Base App after admitting he was “definitively wrong” to bet on social experiences driving crypto adoption.
Researchers found that Polymarket’s five-minute Bitcoin prediction markets create incentives to manipulate spot prices around contract settlement, proposing longer settlement windows as a potential fix.
Researchers found that Polymarket’s five-minute Bitcoin prediction markets create incentives to manipulate spot prices around contract settlement, proposing longer settlement windows as a potential fix.
Dubai’s Virtual Assets Regulatory Authority approved the London-headquartered fintech company for broker-dealer, management and investment, and exchange services in the UAE.
President Donald Trump’s pick for US Attorney General faced criticism from members of the Senate Judiciary Committee on his approach to crypto enforcement and the pardon of former Binance CEO Changpeng Zhao.
Ostium halted trading and advised revoking contract approvals after blockchain security firms reported an apparent oracle-related exploit of its OLP liquidity vault, with estimated losses ranging from $18 million to $22 million.
The deployment marks Aave V4’s first expansion beyond Ethereum and introduces lending infrastructure designed to support future markets for tokenized real-world assets.
