A new Visa debit card is bridging the gap between decentralized finance and everyday commerce. The Ether.fi Cash Card allows cryptocurrency holders to spend their digital assets directly at millions of merchants worldwide while earning passive rewards, offering up to 15% cashback with no annual fee and integrating yield-bearing functionality that lets holdings grow even as users spend.
about Ether.fi Cash Card: Spend Crypto, Earn DeFi RewardsEther.Fi
0 in Finance and 1 in Crypto last weekMEXC & ether.fi Launch Crypto Credit Card with 4% Cashback
In a significant move to bridge digital assets with everyday commerce, crypto exchange MEXC and DeFi platform ether.fi have launched a co-branded credit card accepted at over 150 million Visa merchants globally. The product, offering up to 4% cashback and integration with major digital wallets, is positioned as a competitive alternative to traditional financial services, aiming to give crypto far greater utility in daily life.
about MEXC & ether.fi Launch Crypto Credit Card with 4% CashbackArthur Hayes Sells $6M in ETH for DeFi Tokens
Former BitMEX CEO Arthur Hayes has executed a significant portfolio rotation, selling a substantial portion of his Ethereum holdings and redeploying over $6 million into select decentralized finance (DeFi) tokens. This calculated shift from a core blue-chip asset to targeted DeFi projects highlights a strategic bet on higher-growth opportunities, sparking a divided response within the crypto community as price data reveals a stark contrast between short-term rebounds and long-term declines for his chosen assets.
about Arthur Hayes Sells $6M in ETH for DeFi TokensArthur Hayes Sells $4M in Altcoins Amid Market Crash
Former BitMEX CEO Arthur Hayes has executed significant altcoin sales totaling approximately $4 million during the recent crypto market downturn, marking his second major divestment this year. The selling spree, tracked by blockchain analytics firm Lookonchain, included major positions in ETH, ENA, and several other prominent altcoins as Bitcoin plunged to $94,000 and Ethereum dipped to $3,100, though Hayes maintained strong support for privacy coin ZEC which bucked the market trend with substantial gains.
about Arthur Hayes Sells $4M in Altcoins Amid Market CrashSharpLink Gaming Deploys $200M ETH on Linea Network
SharpLink Gaming is making a landmark entry into decentralized finance by deploying $200 million worth of Ether from its corporate treasury onto Consensys’ Linea network. This Nasdaq-listed company’s multi-year initiative represents one of the largest corporate DeFi deployments to date, leveraging Linea’s zkEVM layer-2 infrastructure to generate substantial onchain yield through sophisticated staking and restaking strategies while increasing the efficiency of its ETH holdings.
about SharpLink Gaming Deploys $200M ETH on Linea NetworkSharpLink Deploys $200M ETH on Linea for Enhanced Yield
SharpLink Gaming, one of the largest publicly traded Ethereum holders, is deploying $200 million in ETH from its corporate treasury onto Linea’s layer-2 network in a landmark institutional move. The multi-year initiative aims to generate enhanced yields through staking, restaking, and DeFi incentives while maintaining institutional-grade security, marking a significant step in corporate treasury optimization within the crypto ecosystem.
about SharpLink Deploys $200M ETH on Linea for Enhanced YieldEthereum Devs Underpaid 50%, Risking Network Future
A comprehensive survey of 111 Ethereum core developers reveals a severe compensation gap, with median salaries of $140,000 representing just half the $300,000 average at competing projects. The disparity extends to equity, where 63% of Ethereum developers receive no token exposure compared to median 6.5% grants elsewhere. This has led to 40% of developers receiving external offers, some reaching $700,000. Protocol Guild’s funding—distributing $33 million since 2022—has become critical, providing nearly one-third of total compensation and preventing talent exodus. The report warns that inadequate pay threatens Ethereum’s development roadmap, network neutrality, and long-term security despite its $1 trillion ecosystem value.
about Ethereum Devs Underpaid 50%, Risking Network FutureTreasury’s Stablecoin Push Could Redirect $34T to DeFi
Treasury Secretary Scott Bessent’s support for dollar-pegged stablecoins could channel up to $34 trillion from the Eurodollar system and Global South deposits into DeFi protocols. The strategy addresses two key issues: the Treasury’s inability to track Eurodollar flows and the need for price-insensitive buyers of government debt. Stablecoin issuers must invest deposits in Treasury bills to maintain dollar parity, creating guaranteed demand for short-term government securities. Protocols like Ethena, Ether.fi, and Hyperliquid are positioned to benefit significantly, with projections suggesting stablecoin circulation could reach $10 trillion by 2028. The plan also involves leveraging social media platforms like WhatsApp for distribution and using dollar dominance to force compliance through mechanisms like threatening exclusion from Fed swap lines.
about Treasury's Stablecoin Push Could Redirect $34T to DeFiMidl Raises $2.4M to Bring Smart Contracts to Bitcoin
Midl, a Bitcoin-native smart contract infrastructure, has successfully closed a $2.4 million seed round led by Draper Associates and Draper Dragon. The funding aims to expand Bitcoin’s financial ecosystem by enabling decentralized applications (dApps) to run natively on the network, bypassing sidechains or Layer 2 solutions. Midl introduces a native execution environment for Bitcoin, supporting token standards and improving scalability. The platform is currently in testnet, with multiple DeFi protocols already deploying. This development marks a significant step in BTCFi, attracting institutional investors and expanding Bitcoin’s utility beyond a store of value. Midl’s mainnet launch is expected soon, with retail-facing initiatives to drive adoption and liquidity.
about Midl Raises $2.4M to Bring Smart Contracts to BitcoinBitcoin Hits $121K, Memecoins & DeFi Surge 30%+
The crypto market witnessed a significant rally as Bitcoin reached a record high of over $121,000, driving substantial gains across altcoins. Memecoins like Popcat (POPCAT) and dogwifhat (WIF) surged over 15%, while DeFi tokens such as Euler (EUL) and Compound (COMP) posted double-digit increases. Ethereum also strengthened, crossing $2,780, amid anticipation of network upgrades. Notable performers included Pudgy Penguins (PENGU), which rose 30% due to whale accumulation and rumors of an ETF filing, and Banana For Scale (BANANAS31), which jumped 26%. The rally highlights renewed investor confidence in both speculative and utility-driven crypto assets.
about Bitcoin Hits $121K, Memecoins & DeFi Surge 30%+Veda Secures $18M to Expand DeFi Yield Infrastructure
Veda, a DeFi vault platform, has successfully raised $18 million in a funding round led by CoinFund, with participation from major players like Coinbase Ventures, Animoca Ventures, and BitGo. The investment will support the expansion of Veda’s infrastructure for yield products, particularly yield-bearing stablecoins. Angel investors included co-founders of Anchorage and Ether.Fi, signaling strong industry backing. This funding round underscores the increasing demand for innovative DeFi solutions and the growing interest from institutional investors in the crypto space.
about Veda Secures $18M to Expand DeFi Yield InfrastructureDeFi Vault Veda Raises $18M to Boost Crosschain Yield
Veda, a DeFi vault platform, has raised $18 million in a funding round led by CoinFund, with contributions from Coinbase Ventures, Animoca Ventures, and other prominent investors. The funds will accelerate the adoption of Veda’s crosschain yield products, including yield-bearing stablecoins. Angel investors include co-founders of Anchorage, Ether.Fi, and Polygon, signaling strong industry backing for the project.
about DeFi Vault Veda Raises $18M to Boost Crosschain Yield