The co-founder of Hyperliquid highlighted a significant challenge in the crypto industry: difficulty attracting top entrepreneurial talent who build and lead protocols. This talent shortage is seen as a structural issue across the sector, not limited to any single company, and affects the pace of innovation and trust in crypto products. Competing sectors like AI and traditional startups are more appealing to elite builders due to better reputation, incentives, and regulatory clarity. Addressing this gap requires industry-wide efforts to improve product focus, long-term incentives, and regulatory stability to make crypto more attractive for top founders.
Solana is set to upgrade its network to reduce block time from 400ms to 350ms, enhancing transaction speed and throughput. Alongside this, a major tokenomics proposal could increase daily SOL token burns significantly, potentially lowering net token ...
Bitcoin's price fell marginally by 0.26% to around $64,800, while Ethereum edged up 0.09% to about $1,917, reflecting a cautious market mood. Crypto derivatives volume plunged over 51%, signaling reduced leverage and fewer short-term bets, while stab...
Spot Bitcoin ETFs experienced inflows totaling $853.54 million in the past week, marking the best weekly performance since April. BlackRock's IBIT led with $693.5 million, followed by Fidelity's FBTC with $116.5 million. Despite a recent hack causing...
An Ethereum whale from the 2015 ICO era has moved 3,510 MKR tokens, worth about $4.41 million, to a new address after seven years of inactivity. This whale originally acquired over 7,000 MKR tokens between 2018 and 2019 at an average price of $828.92...
The US Senate has postponed the floor vote on the CLARITY Act until September due to concerns about stablecoin impacts on banks and ethics provisions demanded by Democrats. The delay reflects ongoing debates over government officials' financial inter...
