Latest from Cheyenne Ligon
Collateral, not yield, will decide which stablecoins win
As yield-bearing stablecoins race toward a $50 billion market capitalization, the industry is optimizing for the wrong metric, argues Artem Tolkachev, chief RWA officer at Falcon Finance.

How ethical hackers with just a $3,000 server found a flaw that could've put $70 billion in crypto at risk
A critical flaw in the Aptos blockchain, which was patched, gave researchers a near-90% success rate at breaking a core security guarantee, with attack costs of just hundreds of dollars.

Bitwise says STRC selloff signals crypto cycle nearing a bottom, not Strategy’s breaking point
Bitwise said STRC's volatility reflects a late-cycle leverage unwind, with institutions poised to replace Strategy as bitcoin's biggest buyer.

JPMorgan says Strategy's bitcoin sales policy adds 'two-way risk' to crypto markets
The bank said Strategy's bitcoin sales policy adds avoidable market uncertainty and should be replaced with equity issuance to build cash reserves.

Ethereum Foundation lays out use cases for governments, institutions in new policy guide
The Ethereum Foundation said policymakers should distinguish between decentralized public blockchains and networks that remain controlled by corporations or foundations, arguing that governance structures will play a critical role in determining which platforms are suitable for long-term public sector use.

EthLabs launches as Ethereum undergoes its biggest leadership transition in years
In this week's edition of The Protocol Newsletter, we’re diving into the creation of EthLabs, and why it was launched during a period of transition for the ecosystem.

Europe's MiCA rollout sparks debate over who wins under new crypto rules
As Europe's crypto rulebook takes full effect, industry leaders agree regulation is here to stay, but disagree over whether it protects consumers or favors the biggest firms.

Europe is closing the door on offshore crypto, but it’s leaving the riskiest window open
MiCA was never meant to address the giant crypto derivatives market. That could pose a serious problem, says Patrick Gruhn, founder and chief executive of Perpetuals.com.

Morpho poised to scale as DeFi infrastructure play, Standard Chartered says
The bank initiated coverage of Morpho with a $60 end-2030 price target, saying its DeFi lending and onchain infrastructure businesses are positioned to benefit from tokenization growth.


