
Latest from Nikhilesh De
The Protocol: ETH Exit Queue Gridlocks As Validators Pile Up
Also: DeFi’s Future on Ethereum, EF Creates dAI team, and Amex Blockchain-Based Travel Stamps.

Bullish Shares Rise 5% Ahead of Earnings After Crypto Exchange Secures New York BitLicense
The crypto platform reports second-quarter earnings after the close today.

The Clarity Act Is Probably Dead: Here's What's Next for Its Successor Legislation
The House bill to regulate U.S. crypto was a big win for the industry, but it's the current Senate effort that's likely to be the one that rules the sector.

Is Ethereum’s DeFi Future on L2s? Liquidity, Innovation Say Perhaps Yes
Ethereum is in the midst of a paradox. Even as ether hit record highs in late August, decentralized finance (DeFi) activity on Ethereum’s layer-1 (L1) looks muted compared to its peak in late 2021. Meanwhile, layer-2 (L2) networks like Arbitrum and Base are booming, with billions in total value locked (TVL).

Crypto Advertising Is Inherently Political — and That’s a Good Thing
The crypto industry's messaging and adverts often read like advocacy because crypto's nature questions centralized control and trust, argues Paragon's Conrad Young.

Corporate Bitcoin Buying Slowed in August as Treasuries Add $5B
Public companies crossed 1 million BTC in holdings, but overall accumulation lagged compared to July, a pause that coincided with Bitcoin's bull market stalling.

Bitcoin Climbs as Economy Cracks — Is it Bullish or Bearish?
CPI surprises to the upside while cracks widen in U.S. labor market; bitcoin climbs as the dollar weakens and bond yields fall.

State of Crypto: Brian Quintenz v. Tyler Winklevoss
How the CFTC chair nominee's confirmation may have stalled.

Massachusetts State Attorney General Alleges Kalshi Violating Sports Gambling Laws
Kalshi's prediction markets for sports resemble licensed sports wagering products, the lawsuit said.

Gemini Stock Jumps 45% in Early Trades After IPO
The Winklevoss-led crypto exchange had sold 15.2 million shares, raising $425 million.
