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Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify its branding. Aave founder and CEO Stani Kulechov posted to X on Tuesday that Avara, a company encompassing projects including the Family crypto wallet and previously the social media platform Lens, “is no

Crypto.com has spun out its prediction markets business into a standalone platform after reporting explosive growth, entering a crowded but booming industry. Crypto.com has spun out its prediction markets business, first launched in 2024, into a standalone platform called OG, competing with the likes of Polymarket and Kalshi.  OG is powered by Crypto.com Derivatives North

Two leading prediction market platforms, Polymarket and Kalshi, have both turned to giving away groceries amid a fight for dominance in the fast-growing prediction markets space. Kalshi offered a $50 grocery giveaway to over 1,000 people in Manhattan on Tuesday, while competitor Polymarket announced plans to open a free grocery store starting next week. Thousands

Stablecoin-related dust activity is now estimated to make up 11% of all Ethereum transactions and 26% of active addresses on an average day, after the Fusaka upgrade made transactions cheaper, according to Coin Metrics. “Dusting” attacks are a form of address poisoning in which attackers send tiny crypto transfers from look-alike wallet addresses to trick

In what some may see as a unique and slightly dystopian use of artificial intelligence, a crypto developer has launched a website that enables AI agents to rent humans to do tasks in “meatspace.”  In a post via X on Monday, user Alex, or @AlexanderTw33ts, an engineer at decentralized finance platform Uma Protocol and layer-2

Crypto exchange Kraken’s parent company, Payward, reported 33% revenue growth in 2025 as transaction volumes rose and the business capitalized on its acquisitions. The company’s revenues rose to $2.2 billion last year, up from $1.6 billion in 2024 due to “broad-based performance across trading and asset-based businesses,” with total transaction volumes rising 34% over the

Ethereum co-founder Vitalik Buterin said the original vision of layer-2 scaling “no longer makes sense,” arguing that many L2s have failed to properly inherit Ethereum’s security and that scaling should increasingly come from the mainnet and native rollups. “We need a new path,” Buterin said in a post to X on Tuesday, arguing that many

Key takeaways: Ether dropped 28% in a week to $2,110 as investors cut risk and markets wiped out leveraged traders. Spot ETH ETF outflows reached $447 million as Ethereum network activity fell by 47%. Ether (ETH) plummeted to $2,110 on Tuesday, signaling fragility following a brutal 28% price correction over seven days. Investors retreated into

The enforcement action over wagers on sports event contracts followed Coinbase announcing the launch of prediction markets in all 50 US states. The Nevada Gaming Control Board announced that it had filed a civil enforcement action against Coinbase over wagers on sports event contracts. In Monday filings in the First Judicial District Court of the

Bitcoin (BTC) scratched new lows below $73,000 on Tuesday as data shows troubling macroeconomic challenges bubbling below increasingly volatile markets. New data highlights tightening credit conditions, even as the US debt and borrowing costs stay elevated, and one analyst said this gap between credit pricing and credit market stress may define Bitcoin’s price trajectory for