Ethereum and Solana developers are advancing protocol proposals—Solana's SIMD-0550 and Ethereum's EIP-8363—to reduce staking yields and increase token scarcity by accelerating disinflation and burning validator rewards.
BlackRock's spot Bitcoin and Ethereum ETFs recorded a combined $3.5 billion net decrease from capital-share transactions in Q2, reversing a $13.9 billion increase from a year prior, according to SEC filings.
Strategy, led by Michael Saylor, sold $263.5 million in common stock last week to expand its cash reserve to $3.225 billion, rather than buying more Bitcoin. This marks a four-week pause in BTC purchases, impacting quarter-to-date performance metrics negatively.
Hyperliquid Strategies' plan to build a treasury of HYPE tokens faces challenges due to market liquidity. Initial filings reveal significant token value loss and potential need to sell HYPE during capital raises, impacting accumulation goals. A proposed Grayscale ETF also highlights risks associated with HYPE's validator coordination and market stress.
Shutterstock has terminated its $3.7 billion acquisition deal due to a UK regulatory requirement for the company to divest its editorial business. The decision impacts the planned integration and future operations of Shutterstock.
