Grayscale filed a new Form 8-K related to its Solana product, outlining an amendment to the trust agreement that would allow net stake rewards to be distributed to shareholders at least quarterly. The filing concerns the Grayscale Solana Staking ETF, or GSOL, and was filed with the SEC on July 17. The amendment is expected … Read more
S&P Dow Jones Indices and Pantera Capital have launched a digital asset index that tracks blockchain networks and protocols based on protocol revenue, marking a break from crypto benchmarks built around market capitalization or token prices. The index is modeled after the S&P Cryptocurrency Broad Digital Asset Index, but only includes assets that meet minimum … Read more
Arbitrum governance is considering a Fast Feed proposal that would create a paid, authenticated data streaming product for Arbitrum One and redirect most subscription revenue to the DAO treasury. The constitutional AIP proposes to give subscribers access to the sequencer order details after finalization. The revenue split is one of the most interesting parts of … Read more
Foundry USA has asked its mining customers to signal their support for BIP-110, an actively debated proposal aimed at reducing the amount of data that can be stored in a Bitcoin transaction. Foundry USA has begun asking mining customers to vote on how the pool should report Bitcoin Improvement Proposal (BIP-110), a soft fork proposing … Read more
Updated July 22, 4:37 UTC: The article has been updated to include additional information from Slowmist on the mining method. Balance Coin, an algorithmic stablecoin designed to maintain a peg to the US dollar, fell more than 99% following a reported exploit. Balance Coin, Balance Protocol’s native stablecoin, is trading at $0.001358 at the time … Read more
Balaji Srinivasan’s Network School, a community of “digital nomads”, plans to build a new campus in Kazakhstan after the business license of its Forest City campus was revoked due to alleged facility use violations. A memorandum of understanding was signed between Kazakhstan’s Minister of Digital Development, Innovation and Aerospace Industry Zhaslan Madiyev and Srinivasan to … Read more