Blockchain Academics: Crypto News, Research & Education

Blockchain Academics Newsroom5h ago

European Issuers Push for USD Stablecoins Under MiCA Framework

European cryptocurrency issuers are pressing EU regulators to permit USD-backed stablecoins under the Markets in Crypto-Assets framework, arguing that euro-denominated tokens alone cannot satisfy the dollar liquidity requirements of businesses operating in international markets.

Blockchain Academics Newsroom6h ago

Blast Ethereum Layer-2 Shuts Down After TVL Drops 98% From Peak of $2.3 Billion

Blast, the Ethereum Layer-2 network launched in early 2024 by Blur founder Tieshun Roquer, is shutting down after operating costs exceeded revenue. The network's TVL has collapsed 98% from a peak of $2.3 billion, with $63.5 million remaining in the canonical bridge.

BNY Mellon in Advanced Talks With Kraken Parent Payward on Crypto Infrastructure Partnership

BNY Mellon, the world's largest custodian bank, is in active discussions with Payward, the parent company of Kraken, over a crypto infrastructure partnership. The talks signal another step in Wall Street's deepening entanglement with digital asset infrastructure.

Ibrahim Rajab7h ago

Blockchain Academics Newsroom16h ago

FlashLoopAdapter Exploit Drains $305K From Two Ethereum Safe Wallets

A vulnerability in the FlashLoopAdapter module enabled attackers to drain approximately $305,000 from two Safe wallets on Ethereum using leveraged Aave V3 positions. Aave's core contracts remained secure.

Regulation

Alejandro Silva Ramírez2h ago

Kalshi and Coinbase Win Partial Victory in Illinois Sports Contracts Ruling

Alejandro Silva Ramírez3h ago

Banking Group Sues OCC Over Crypto Trust Charter Authority, Targeting Protego Approval

The Independent Community Bankers of America filed suit against the OCC on October 2, seeking to invalidate Protego's conditional approval for a crypto trust charter and prevent further charters under the same legal authority. The lawsuit centers on whether the OCC has statutory power to grant...

Alejandro Silva Ramírez15h ago

IMF Waives El Salvador Bitcoin Breach, Unlocks $138M Payout

The IMF approved a $138 million disbursement to El Salvador after waiving a Bitcoin accumulation rule breach, signaling pragmatic accommodation rather than policy endorsement. The waiver hinged on El Salvador demonstrating the Bitcoin holdings came from private donations.

SEC Proposes Self-Custody Framework for Crypto Investment Advisers

The SEC has proposed new guidance allowing registered investment advisers to use self-custody for crypto assets and establishing conditions for state trust company custody. The 60-day public comment period opens upon Federal Register publication.

Hadi GhadbanYesterday

DeFi

Alejandro Silva Ramírez7h ago

Centrifuge Launches Three Tokenized Funds on Arc Blockchain

Three tokenized funds from Centrifuge are now active on the Arc blockchain, marking a concrete institutional deployment in the real-world asset sector. The funds target non-US professional investors with exposure to US Treasuries, credit instruments, and hybrid asset classes.

Alejandro Silva RamírezYesterday

World Liberty Financial Launches WLFI Staking With $1.25M USD1 Rewards Pool

World Liberty Financial has activated WLFI staking with a $1.25 million USD1 rewards pool, requiring a 180-day lock-up and active governance participation. The variable-reward design filters passive investors and aims to reduce token circulation while incentivizing protocol stewardship.

Alejandro Silva RamírezYesterday

PERPTools Raises $8M to Build AI-Native Perpetuals DEX Inside DEXTools

PERPTools has raised $8M across pre-seed and seed rounds to build an AI-native perpetuals DEX embedded inside DEXTools, with $240M in beta volume and a TGE targeted for Q3-Q4 2026.

Alejandro Silva RamírezSep 30, 2026

Abracadabra Proposes Winding Down MIM Stablecoin at 4 Cents on Dollar Amid $21M Bad Debt

Abracadabra Finance is proposing to shut down its Magic Internet Money stablecoin, offering holders roughly four cents for every dollar of face value. The protocol has identified only $900,000 in recoverable backing against $21 million in outstanding bad debt.

Technology

Ibrahim RajabAug 27, 2026

Nvidia Earnings Beat and $12.9B Hugging Face Deal Push Nasdaq Futures Up 1.1%

Nvidia stock jumped 7% in premarket trading Thursday after posting an earnings beat and announcing a $12.9 billion acquisition of Hugging Face. Nasdaq futures climbed 1.1% on the news, arriving ahead of the Federal Reserve's Jackson Hole Economic Symposium.

Technology

Mystery AI Model Ox Alpha Beats Claude Fable on Benchmarks, Creators Unknown

A new AI model called Ox Alpha has surfaced with no identifiable creators, a free price tag, and benchmark scores that outperform Anthropic's Claude Fable. The model ships with a 1 million token context window, accepts video as input, and is available at no cost.

Blockchain Academics NewsroomAug 25, 2026

Technology

Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown

Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.

Alejandro Silva RamírezJun 21, 2026