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DeFi soars with tokenized stocks, but user activity shifts to NFTs: Report

Locked liquidity on decentralized finance (DeFi) applications reached a record $270 billion in July, partly driven by tokenized stocks growth
DappRadar’s data shows the total value locked (TVL) in DeFi protocols jumped 30% month-over-month, while active wallets for tokenized stocks soared from
DEFI-8.99%
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Harvard endowment invests $116M into BlackRock Bitcoin ETF

Harvard Management Company, the entity responsible for managing the university’s $53-billion endowment fund, has reported a multimillion-dollar investment in BlackRock’s Bitcoin exchange-traded fund (ETF).
In a Friday filing with the US Securities and Exchange Commission (SEC), Harvard disclosed
BTC-0.43%
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ChatGPT-5 upgrade faces user backlash as AI rivals gain ground

ChatGPT users flooded social media forums with negative comments about the platform's latest model released on Thursday, saying the upgrade was overhyped by OpenAI CEO and co-founder Sam Altman.
Users on Reddit criticized the company's ChatGPT-5 model, saying it had a more restrictive rate limit an
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The jury’s journey to the Roman Storm verdict

A 12-person jury, including a member who celebrated her 90th birthday, deliberated this week in the complex case of Roman Storm, co-founder of Tornado Cash. They convicted Storm on one count of running an unlicensed money transmitting business, while remaining unable to reach a decision on other
STORM-1.8%
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EthereumMax investors secure partial win in class-action lawsuit

Investors who were parties to a 2022 lawsuit may be closer to pursuing legal action against celebrities who promoted the EthereumMax (EMAX) token after a recent decision by a California judge.
In a Wednesday filing in the US District Court for the Central District of California, Judge Michael
IN-7.82%
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Funding effort for Roman Storm grows as defense preps for possible retrial

Tornado Cash developer Roman Storm’s legal defense fund is seeing an influx of donations as the software creator’s defense team preps for a possible retrial on charges of money laundering and sanctions violations. The Ethereum Foundation on Thursday said it will match up to $500,000 in donations to
STORM-1.8%
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Ether price hits $4K for first time since December 2024

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BTC-0.43%
ETH2.12%
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Blockchain AI cannibalizes decentralized AI

Opinion by: Samuele Marro, PhD student in machine learning at the University of Oxford
The Web3 AI space has fallen into a trap. Somewhere along the way, “decentralized AI” became synonymous with “blockchain AI.” This false equivalency actively harms innovation
Excellent decentralized AI
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CrediX Finance team disappears after $4.5M hack

The team behind the decentralized finance (DeFi) protocol CrediX Finance appears to have disappeared following a $4.5 million exploit that drained funds from the platform, raising concerns of a suspected exit scam.
On Monday, blockchain security firms flagged the exploit and determined that
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Traders bet on $200K year-end Bitcoin, but real odds tell a different story

Key takeaways:
Diagonal and butterfly spreads benefit from BTC near $160,000.
$200,000 year-end call options imply less than 3% chance of profit.
Bitcoin (BTC) traders are gearing up for the year-end $8.8 billion options expiry, scheduled for Dec. 26 at 8:00 am UTC. More than $1 billion in Bitco
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Can you split a private key in half? Understanding crypto ownership in divorce and beyond

Key takeaways
A private key cannot be split in half. It must remain whole to access crypto. Splitting it manually risks permanent loss of funds.
Cryptocurrency is marital property. Courts in many countries, including South Korea and the US, treat crypto like any other divisible asset in
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Bitcoin Energy Value metric says 'fair' BTC price is up to $167K

Key points:
Bitcoin is heavily undervalued versus its “fair” price based on miner output.
The Energy Value metric calculates that BTC should be trading at nearly $170,000 already.
Bitcoin is further from its energy value now than when it passed $10,000 for the final time in September 2020.
Bitc
BTC-0.43%
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Buying Bitcoin years ago wouldn’t have made you rich today, says trader

The odds of an early Bitcoin investor buying the cryptocurrency when it was worth cents and keeping those holdings until today to make them a billionaire are extremely low, says a crypto trader.
The trader, known as Techdev, shot down the notion that many traders could’ve held onto Bitcoin (BTC)
BTC-0.43%
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