Lido Burns $20M to Rescue Its Token After 95% Collapse
Lido, the protocol that controls $24 billion in staked Ethereum, is spending $20 million of treasury funds to buy back its own governance token after a 95% collapse.
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Lido, the protocol that controls $24 billion in staked Ethereum, is spending $20 million of treasury funds to buy back its own governance token after a 95% collapse.
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Bitcoin is down 50% in six months, crypto fundraising has collapsed 69%, and the industry is quietly pivoting to stock trading. Bitcoin dropped from $126,080 in October to roughly $63,000 today, marking six months of uninterrupted decline with altcoins suffering worse losses.
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Half of crypto holders don't know their trades are taxable, and that's a $50 billion IRS problem waiting to happen. Only 49% of crypto investors correctly understand that selling crypto is a taxable event, according to Coinbase and CoinTracker's 2026 Crypto Tax Readiness Report
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Midas just put $40 million of real money where the tokenization hype has been for years. Midas raised $50 million Series A led by RRE and Creandum, alongside launching a $40 million liquidity facility for tokenized real-world assets
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Democrats are planning to weaponize congressional subpoenas against CEOs and companies in 2027, turning corporate America into a proxy battlefield since they can't touch the White House directly.
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Bitcoin is staring down six straight months of losses for the first time since 2018, and this time geopolitical chaos is holding the knife. Bitcoin is approaching its first six consecutive months of losses since the 2018 bear market, a streak not seen in over seven years.
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Bitcoin spiked on geopolitical chaos, and that tells you everything about where we are in the adoption curve. Trump announced talks with Iran's "new regime" while threatening to obliterate the country's oil infrastructure if negotiations fail
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Midas just raised $50M to fix the thing that keeps institutional money out of tokenized funds: you can't get your cash back fast enough. Midas secured $50M to build instant redemption infrastructure for tokenized asset funds
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The Ethereum Foundation just put $42 million where its mouth is, and the timing says more than the amount. The Ethereum Foundation staked 20,470 ETH ($42 million) into the Beacon Chain in coordinated deposits Monday, one of its largest visible batches yet.
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Canada wants to ban crypto donations to political campaigns, and this time they might actually mean it. Canada has proposed legislation to ban cryptocurrency political donations, arguing foreign actors could exploit digital assets to interfere in elections
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The Ethereum Foundation just staked $46 million worth of ETH, and the real story isn't the number—it's what happens when the rule-maker becomes the yield-farmer. The Ethereum Foundation staked a record $46 million in ETH, starting last month to earn yield on its treasury holdings
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Bitcoin sitting at $67k isn't a dip to buy—it's a macro warning light nobody wants to see flashing. Bitcoin hovering near $67,000 as U.S.-Iran tensions drag into their second week with no resolution
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Prediction markets were supposed to be the elegant solution to information aggregation, but state attorneys general just called them slot machines with better PR. Washington state sued Kalshi, calling it illegal gambling. Arizona filed similar charges weeks earlier.
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Wall Street built the tokenized stock rails, but no one's running trains on them yet. Exchanges are pushing blockchain-based equities and 24/7 trading, but institutional buyers aren't biting The gap isn't technical, it's structural: liquidity fragmentation and funding risk
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Canada just showed you what governments do when crypto gets too good at routing around their controls. Canada proposed legislation to ban cryptocurrency political donations, one day after the U.K. announced a similar moratorium
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The Ethereum Foundation is betting real money that the future of crypto isn't one blockchain, it's one economic zone. Gnosis and Zisk launched the "Ethereum Economic Zone" (EEZ) framework at EthCC in Cannes, with co-funding from the Ethereum Foundation itself.
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XRP traders are building a powder keg at $1.33, and someone's about to light the fuse. XRP is testing support at $1.33 as traders pile into leveraged positions, creating increasingly unstable market conditions
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France's largest bank just made Bitcoin as easy to buy as a mutual fund. BNP Paribas added six Bitcoin and Ether ETNs to its retail platform in France, joining the European trend of traditional banks offering crypto exposure
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The CLARITY Act's developer protections might be the most important part of the bill, but everyone's too busy arguing about stablecoin yield to notice. Senator Lummis claims the CLARITY Act includes the "strongest" developer protections for crypto builders in U.S. legislative history
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The CLARITY Act just died in the Senate, and the crypto industry's window for regulatory certainty may have closed with it. The CLARITY Act stalled in the Senate after banks, crypto firms, and lawmakers couldn't agree on key provisions, including whether stablecoin issuers can pay yields
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