Institutional curiosity in cryptocurrencies was piqued after “Crypto Week” within the US noticed the passage of the trade’s key stablecoin invoice, the Guiding and Establishing Nationwide Innovation for US Stablecoins, or GENIUS Act.
Signed into regulation by US President Donald Trump on July 18, the GENIUS Act bans yield-bearing stablecoins on this planet’s largest financial system, which can enhance the demand for Ether (ETH) and Ethereum-based yield-generating decentralized finance protocols, in accordance with trade watchers.
Signaling rising demand for the world’s second-largest cryptocurrency, a gaggle of crypto researchers and public market consultants introduced the launch of the most important yield-bearing Ether fund for institutional buyers, referred to as Ether Machine.
The corporate plans to create a publicly traded car for institutional-grade Ether yield and infrastructure publicity, planning to take a position over $1.5 billion in Ether to kind “one of many largest onchain ETH positions of any public entity.”
Ether Machine to launch $1.5 billion institutional ETH yield fund
A workforce of crypto-native researchers and public market consultants is getting ready to launch what it calls the most important yield-bearing Ether fund concentrating on institutional buyers.
The corporate, referred to as Ether Machine, plans to create a publicly traded car providing institutional-grade publicity to Ethereum infrastructure and Ether (ETH) yield, it introduced on Monday.
It’s co-founded by Andrew Keys, a former board member and head of world enterprise growth at Consensys, and David Merin, a former company growth government at Consensys who now serves as Ether Machine’s CEO.
Ether Machine goals to “develop Ethereum’s financial safety as the bottom layer for the subsequent period of world finance and computation,” in accordance with its web site.
The corporate will probably be shaped via a mix of The Ether Reserve and Dynamix Corp, a Nasdaq-listed particular goal acquisition firm.
Following this, Ether Machine plans to record on Nasdaq beneath the ticker image “ETHM,” with over 400,000 ETH price greater than $1.5 billion beneath administration at launch.
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Technique launches Bitcoin inventory pegged at $100 to extend treasury
Technique, the world’s largest company holder of Bitcoin, is launching a brand new sort of inventory providing to lift extra funds for additional funding within the cryptocurrency.
Michael Saylor’s Technique introduced plans to conduct an preliminary public providing of 5 million shares of Technique’s Variable Price Collection A Perpetual Stretch Most popular Inventory (STRC).
Technique will use the online proceeds for “basic company functions, together with the acquisition of Bitcoin and for working capital,” it introduced on Monday.
Not like earlier choices, the STRC Inventory will accumulate cumulative dividends at a variable fee on the said quantity of $100 per share. The preliminary month-to-month common dividend will probably be 9% yearly.
The announcement got here two weeks after Technique introduced a $4.2 billion at-the-market (ATM) providing on July 7, which capabilities as an equity-raising mechanism designed to allow the agency to promote newly issued shares to purchase extra Bitcoin (BTC).
The brand new providing will probably be out there via an preliminary public providing (IPO) to “choose buyers,” Saylor mentioned in a Monday X publish.
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Blockchain compliance instruments can slash TradFi prices: Chainlink co-founder
Blockchain-based funding merchandise and compliance instruments are poised to turn out to be greater than 10 instances sooner and cheaper than conventional finance (TradFi) choices, spurring elevated digital asset adoption by monetary establishments.
Conventional monetary compliance merchandise are sometimes fragmented and costly on account of advanced handbook processes, leading to billions of {dollars} in prices.
“Compliance is an inefficient a part of the normal finance trade that lots of people will not be joyful about, together with identification verification of AML and KYC,” Chainlink co-founder Sergey Nazarov advised Cointelegraph through the RWA Summit 2025 in Cannes.
“Should you examine what it prices and the way sophisticated it’s to make a compliant transaction within the TradFi world, our trade ought to be capable to do it 10 instances sooner and cheaper,” he mentioned. “It’s like an enormous value downside for the TradFi trade.”
Nazarov added that fixing this inefficiency might “unblock a bunch of establishments from with the ability to put capital onchain.”
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Crypto hacks surpass $3.1 billion in 2025 as entry flaws persist: Hacken
Greater than $3.1 billion in crypto has been misplaced within the first half of 2025 on account of points together with smart-contract bugs, access-control vulnerabilities, rug pulls and scams, in accordance with a report from blockchain safety auditor Hacken.
This determine already exceeds the whole of $2.85 billion from all of 2024. Whereas the $1.5 billion Bybit hack in February might have been an outlier, the broader crypto sector continues to grapple with safety challenges.
The distribution of loss varieties stays largely in keeping with tendencies noticed in 2024. Entry-control exploits have been the first driver of losses, accounting for round 59% of the whole. Good-contract vulnerabilities contributed about 8% of the losses, with $263 million stolen.
Yehor Rudytsia, head of forensics and incident response at Hacken, advised Cointelegraph that they noticed important exploitation of GMX v1, with its outdated codebase being focused beginning in Q3 2025.
“Initiatives must care about their outdated or legacy codebase if it was not stopped from working utterly,” Rudytsia mentioned.
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CoinDCX broadcasts white hat restoration bounty after $44 million hack
Indian cryptocurrency alternate CoinDXC introduced a restoration effort after falling sufferer to a $44 million exploit on July 18, with the agency pledging a bounty for moral hackers who assist retrieve the stolen funds.
CoinDXC’s inside accounts used for “liquidity provision” have been exploited, resulting in $44 million price of cryptocurrency being stolen, whereas consumer funds remained unaffected.
In an effort to recuperate the stolen funds, CoinDCX CEO Sumit Gupta introduced a brand new restoration bounty program that gives white hat hackers as much as 25% of any recovered funds they might help hint and retrieve.
“The publicity was from our personal reserves, and now we have already absorbed it via our company treasury,” mentioned Gupta in a Monday X publish, including:
“Greater than recovering the stolen funds, what’s necessary for us is to determine and catch the attackers, as a result of such issues shouldn’t occur once more, not with us, not with anybody within the trade.”
The hack “doesn’t influence any of our prospects and the platform continues to run as regular,” he added.
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DeFi market overview
In keeping with Cointelegraph Markets Professional and TradingView knowledge, a lot of the 100 largest cryptocurrencies by market capitalization ended the week within the purple.
Solana-native memecoin launchpad Pump.enjoyable’s (PUMP) token fell over 50% because the week’s largest loser, adopted by the Sonic (S) token, down over 20% on the weekly chart.
Thanks for studying our abstract of this week’s most impactful DeFi developments. Be a part of us subsequent Friday for extra tales, insights and schooling relating to this dynamically advancing house.
