The Philippine government has officially launched a blockchain-based system to verify government documents on the Polygon network as part of a broader initiative to modernize public services and improve trust in state-issued records, local media reported on July 31. The new platform, introduced on July 30 by the Department of Budget and Management (DBM), allows […]
Coinbase Q2 results miss estimates, COIN falls 8% after hours
Coinbase’s stock slid 8.4% after hours on July 31 as second-quarter results fell short of Wall Street expectations, before paring some losses into late trading. COIN closed at $377.76 and fell to $346.01 immediately after the release, and later recovered to about $354.77 as of press time. The exchange reported total revenue of $1.5 billion […]
Justin Drake reveals 10-year ‘Lean Ethereum’ roadmap to achieve 10k TPS on mainnet
Ethereum researcher Justin Drake unveiled the “Lean Ethereum” proposal on July 31 that reframes the base layer around the imperatives of survivability against nation-state and quantum threats and orders-of-magnitude performance gains without sacrificing decentralization. The new guidelines were dubbed “fort mode” and “beast mode,” respectively. Published on the Ethereum Foundation blog, the vision argued that […]
Robinhood crypto income is up 98% while Kraken had sharp QoQ decline
Robinhood and Kraken have both reported strong year-over-year (YoY) gains in their crypto-related metrics, even as quarter-over-quarter (QoQ) results show signs of pressure. On July 30, the two trading platforms released their Q2 2025 earnings, highlighting growth in user activity, asset volume, and strategic product rollouts amid broader market volatility. Robinhood’s crypto revenue surge Robinhood […]
Indian crypto exchange CoinDCX’s $44M breach linked to employee manipulation, social engineering
Sumit Gupta, CEO of Indian crypto exchange CoinDCX, has linked the platform’s recent $44 million security breach to a targeted social engineering attack. In a July 31 statement shared via X (formerly Twitter), Gupta said early findings indicate that the exploit may have stemmed from manipulation tactics to gain unauthorized internal access. He explained that […]
New SEC standard leans on CFTC and Coinbase to decide which digital assets get spot crypto ETFs
The US Securities and Exchange Commission (SEC) could soon approve spot exchange-traded funds (ETFs) for digital assets with a strong futures market presence. A recent filing from the Chicago Board Options Exchange (CBOE) offers new clues about how the agency may approach crypto ETF approvals in the future. SEC’s crypto ETF listing standard On July […]
PumpSwap captures 74% of Solana DEX volume as memecoins surge
What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Disclaimer: […]
Solana’s xStocks top $1.6B in first month of trading, largely driven by centralized exchanges
Solana‑based xStocks have cleared a new milestone one month after their June 30 debut, with cumulative trading volume reaching $1.66 billion as of July 30. According to the project’s official dashboard at Dune, the growth has been driven overwhelmingly by centralized exchange (CEX) activity. CEX volume stands at $1.57 billion, roughly 95% of the total, while decentralized venues […]
Bitcoin whipsaws below $116k amid largest hourly correction in two weeks; risks of further pullback to $114k
Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold. This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14% Major cap altcoins registered […]
Polygon suffers hour-long RPC disruption affecting block production; Heimdall hotfix to blame
Polygon’s proof‑of‑stake (PoS) network suffered a one‑hour outage on July 30 that disrupted apps and users. According to Polygon CEO and founder Sandeep Nailwal, the incident did not stop block production. However, QuickNode Status reported that block production stopped for one hour at block height 74,592,238, echoing other reports made by users on X. Consensus […]