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Finance

Hyperliquid Lists MON-USD Perpetuals Ahead of Hotly Anticipated Monad Airdrop

Both Hyperliquid’s announcement and Monad’s recent posts suggest that an airdrop may be imminent.

(Getty Images/Unsplash)

Markets

Bitcoin’s On-Chain Profitability Has Surged With 97% of Supply Now in Profit: Glassnode

Glassnode says bitcoin’s breakout to record highs came on the back of $2.2 billion in ETF inflows and steady accumulation from smaller holders, not speculative hype.

Bitcoin Logo

Tech

Ethereum’s Fusaka Upgrade Could Cut Node Costs, Ease Adoption

Fusaka – a blend of the names Fulu and Osaka – consists of two simultaneous upgrades to Ethereum’s consensus and execution layers, respectively.

Ethereum Logo

Finance

MetaMask Will Add Polymarket Prediction Markets, Rolls Out Perp Trading With Hyperliquid

The crypto wallet said will allow users to bet on real-world outcomes as part of an exclusive partnership with Polymarket, coming later this year.

MetaMask's mobile app (Gabby Jones, modified by CoinDesk)

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Finance

Avalanche, CruTrade Tokenize $60M of Collectable Bottles of Fine Wine

The Avalanche-powered marketplace launches with 200,000 bottles tokenized to cut costs and prevent spoilage in the $9B fine wine market

wine cellar

Markets

Tom Lee's Bitmine Immersion Newest Target of Short-Seller Kerrisdale Capital

The company's model mimics a failing playbook and lacks transparency and leadership appeal, said Kerrisdale.

Bitmine chairman Tom Lee (Myunggu Han/Getty Images)

Finance

Coinflow Raises $25M to Scale Stablecoin Payments, Backed by Pantera and Coinbase

The company says it has grown revenue 23-fold since 2024 and now supports stablecoin-powered payments in over 170 countries.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Finance

Crypto Life Insurer Anthea Raises $22M to Launch Ethereum-Denominated Policy

The funding round led by Yunfeng Financial Group will support the rollout of Anthea’s blockchain-based life insurance.

Bermuda

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Markets

Decentralized AI Marketplace Recall Announces Token Generation Event

The token will be used to fund and reward AI tools, allowing holders to vote on protocol upgrades and treasury allocations.

Robots (Unsplash/Sumaid pal Singh Bakshi/Modified by CoinDesk)

Finance

RWA Chain Plume Acquiring Dinero to Expand Institutional DeFi Yield Offering

The deal aims to boost Plume's institutional push offering a broader set of yield strategies including liquid staking, co-founder Teddy Pornprinya said.

Plume co-founders Teddy Pornprinya and Chris Yin (Plume)