MetaMask will be natively integrated the Tron blockchain, connecting users to the Asia-focused network after adding Solana support earlier this year. Update (Aug. 20, 00.30 UTC): This article has been updated to reflect that the Tron network has not yet been integrated with MetaMask and also includes new comments from Angel Gonzalez-Capizzi. The Tron network will be integrated into Consensys’ crypto wallet MetaMask, becoming the third major non-Ethereum-based chain to get support since MetaMask launched in 2016. On Tuesday, Tron DAO announced the strategic partnership with MetaMask, which will natively integrate the Tron (TRX) blockchain into the Consensys-developed self-custodial crypto wallet. Read more
Cardano bulls make a strong case for an ADA price rally toward $2 or even higher, once the resistance at $1 is decisively broken. Key takeaways: ADA price technicals are strengthening, with a rise to $2 possible. ADA futures volume is at a five-month high of $7 billion, reflecting institutional interest. Read more
The Banking Policy Institute wants lawmakers to further fine-tune the GENIUS Act to prevent any possibility of interest-bearing stablecoins. The US banking lobby isn’t keen on interest-bearing stablecoins or their supposed challenge to financial systems — but it may be too late to amend these “loopholes” in the GENIUS Act. The Banking Policy Institute (BPI), an advocacy group for the banking industry led by JPMorgan CEO Jamie Dimon, wrote a letter to Congress last week, arguing that stablecoins present a risk to existing credit systems. The BPI urged regulators to close supposed loopholes in the GENIUS Act, a new law regulating the stablecoin industry in the US, lest a shift from bank deposits increase lending costs and reduce loans to businesses. Read more
SharpLink bought $667 million in Ether at near-record highs, lifting its holdings to $3.2 billion as institutional ETH accumulation accelerates. Sports betting platform SharpLink Gaming snapped up Ether last week as the cryptocurrency surged to near all-time highs. SharpLink added 143,593 Ether (ETH) as ETH prices climbed above $4,700, according to a filing with the US Securities and Exchange Commission on Tuesday. SharpLink’s latest ETH purchases came at near-record prices, paying an average price of $4,648 per ETH, totaling $667.4 million. Read more
1inch co-founder Sergej Kunz told Cointelegraph that in two to three years, there may be a multichain DeFi stack that allows liquidity to flow freely between networks. Decentralized finance (DeFi) exchange platform 1inch launched crosschain swaps between the Solana network and Ethereum Virtual Machine (EVM) networks, eliminating the need for bridges or messaging protocols in transferring assets across networks. The upgrade went live on Tuesday, launching on 1inch’s decentralized application (DApp), wallet and Fusion+ API, according to an announcement sent to Cointelegraph. The DeFi platform said the new feature allows users to swap assets directly between Solana and over 12 EVM chains in a secure, efficient and MEV-protected manner. The new feature can be described as “industry-first native decentralized crosschain swaps,” according to 1inch. Its co-founder, Sergej Kunz, told Cointelegraph that the breakthrough came from adapting 1inch's Fusion+ architecture, initially designed for EVM-only swaps, into Sola...
A DeFi investor was hit with a $10.5 million tax bill after the Spanish tax agency classified a crypto-backed loan as taxable gains. A Spanish decentralized finance (DeFi) investor was hit with 9 million euros ($10.5 million) in back taxes for taking out a crypto-backed loan, according to a local media report. In a Thursday report, Spanish news outlet Periodista Digital said it obtained documents showing the investor had already declared all cryptocurrency operations and paid $5.84 million in taxes. Three years later, authorities issued an additional bill tied not to undeclared profits, but to the act of depositing assets into a DeFi protocol in exchange for a loan. The assets were not sold, and no profit was realized, the report said. Read more
Healthcare company KindlyMD recently merged with Nakamoto, a Bitcoin entity established by former Trump crypto adviser David Bailey, with the aim of acquiring 1 million BTC. Nasdaq-listed healthcare service provider and Bitcoin treasury company KindlyMD has acquired $679 million worth of Bitcoin for its corporate reserve. KindlyMD acquired 5,744 Bitcoin (BTC) for about $679 million at a weighted average price of $118,204 per Bitcoin, the company announced Tuesday. The purchase was made using private investment in public equity (PIPE) proceeds and reflects KindlyMD’s “disciplined Bitcoin treasury strategy,” the company said. Read more
The new Solana seeker struggles against the latest Samsung and iPhones, but with a built-in crypto wallet and at $500, it’s hard to ignore. Its been two weeks since the worldwide launch of the Solana Seeker, the successor to the Solana Saga. About 150,000 people have begun receiving their phones in the mail, and their reviews are trickling in. As a general phone, the Seeker may not turn heads. Its measurably slower, and most reviewers say the camera is a far cry from flagship devices like the Samsung S25 Ultra or the iPhone 16 Pro. As a crypto phone, the jurys still out. The Seeker is arguably miles ahead of anything else due to its Seed Vault, which allows users to securely store their Solana assets. Read more
Traditional insurance is failing digital asset companies. As tokenization hits $20 trillion, firms need tailored coverage — not off-the-shelf policies. Opinion by: Darren Sonderman and Sydney Sonderman, financial lines insurance brokers at CAC Group Digital assets, decentralized finance (DeFi) and tokenization are no longer fringe concepts — they are reshaping global finance. With real-world asset tokenization projected to hit $20 trillion within the decade, the race is on to establish strong legal and regulatory frameworks. The US is catching up as the Trump administration promotes stablecoin and crypto market structure legislation and the creation of key task forces. Read more
The new Solana seeker struggles against the latest Samsung and iPhones, but with a built-in crypto wallet and at $500, it’s hard to ignore. Its been two weeks since the worldwide launch of the Solana Seeker, the successor to the Solana Saga. About 150,000 people have begun receiving their phones in the mail, and their reviews are trickling in. As a general phone, the Seeker fails to turn heads. Its measurably slower, and most reviewers say the camera is a far cry from flagship devices like the Samsung S25 Ultra or the iPhone 16 Pro. As a crypto phone, the jurys still out. The Seeker is arguably miles ahead of anything else due to its Seed Vault, which allows users to securely store their Solana assets. Read more