Strategy Sells $263.5M in MSTR Shares, Skips Bitcoin Again
The bitcoin treasury company lifted its cash reserve to a $3.225 billion as its 843,775 BTC stack sits about $9 billion underwater.
The Defiant•The Defiant Team20 JulThe Defiant — page 18
702 articlesthedefiant.io ↗
Coverage, page 18
page 18 of 36The Defiant•The Defiant Team20 Jul
Bernstein Lifts Robinhood Target to $160 on Prediction Markets
Analyst Gautam Chhugani raised his target to $160 from $130, arguing prediction-market revenue is on track to overtake Robinhood's crypto trading business as soon as the second quarter.
The Defiant•The Defiant Team20 Jul
Bitmine Slowed ETH Buys to Smallest Weekly Pace Since June 2025
The largest corporate ether holder slowed its buying to its smallest weekly pace since June 2025, redirecting capital to a share repurchase, and now holds 5.78 million ETH — 96% of the way to its "Alchemy of 5%" target.
The Defiant•The Defiant Team20 Jul
HYPE Spot ETFs Log First Weekly Outflow Since May
Bitcoin and Ethereum funds pulled in a combined $181 million over the same week as HYPE's nine-week inflow streak broke.
The Defiant•The Defiant Team20 Jul
'Coinbase Man' Token Crashes as Armstrong Swaps His Avatar for a CryptoPunk
Coinbase CEO Brian Armstrong set his X profile picture to the artwork behind a Base memecoin, then replaced it with a newly acquired CryptoPunk. The $BRIAN token round-tripped from obscurity to millions and back, a stark test of how far one social cue can move an onchain market.
The Defiant•The Defiant Team18 Jul
OKX Launches Tokenized US Stocks on Shared Order Book
The exchange routes every issuer's version of a stock into one market backed by Backed Assets' xStocks, and bars US and EU traders.
The Defiant•The Defiant Team17 Jul
Tokenized Stock Lending TVL Reaches $23M as DEX Volume Climbs
Token Terminal data shows QQQ and SPY trackers gaining onchain trading and collateral use, but the totals remain a rounding error next to broader DeFi.
The Defiant•The Defiant Team17 Jul
CASHCAT Falls 75% from Peak After Hyperliquid Perp Listing
The Robinhood Chain memecoin's slide has erased most of a 4,000% run, even as its spot price held through a 60% perp wick that liquidated leveraged traders.
The Defiant•The Defiant Team17 Jul
Ostium Vault Exploiter Routes 10,540 ETH to Tornado Cash
Blockchain security firm PeckShield now puts the drain on Arbitrum perpetuals protocol Ostium at roughly $24M, above the up-to-$18M first estimated.
The Defiant•The Defiant Team16 Jul
Visa Launches Stablecoin Platform Built on Open USD
Crypto head Cuy Sheffield unveiled the platform, which Fortune reported will bring stablecoin services to more than 200 million merchants, initially through Open USD.
The Defiant•The Defiant Team16 Jul
Polygon Labs Cuts Staff Again as It Closes Coinme Deal
CEO Marc Boiron said the reductions, the company's second round in 2026, accompany a shift from a blockchain foundation to a blockchain-enabled payments company.
The Defiant•The Defiant Team16 Jul
Dune Study for 1inch Finds 85% of Concentrated Liquidity Idle
The onchain research, which 1inch commissioned, estimates out-of-range positions forgo about $150M a year in fees across seven chains.
The Defiant•The Defiant Team16 Jul
Ondo Finance Partners With SBI to Tokenize Japanese Assets
The deal routes distribution through SBI's ecosystem and settles in the group's JPYSC yen stablecoin, connecting Japan's capital markets to onchain finance.
The Defiant•The Defiant Team16 Jul
Visa's Sheffield Pegs Adjusted x402 Volume at $19M
A joint Visa and Artemis analysis finds roughly 4,000 wallets drive about 90% of x402's adjusted spending, with Base accounting for the bulk of activity.
The Defiant•The Defiant Team16 Jul
CFTC Orders Kalshi to Honor Trades a Michigan Court Told It to Cancel
The regulator stayed a Kalshi rule change and invoked emergency authority, calling the first state attempt to void executed derivatives trades unprecedented.
The Defiant•The Defiant Team16 Jul
Coinbase's Jesse Pollak Hands Base App to Cobie, Says Social Bet Was 'Definitively Wrong'
The Coinbase executive is refocusing the largest Ethereum Layer 2 on trading, payments and AI agents after conceding its onchain-social push failed
The Defiant•The Defiant Team16 Jul
1inch Co-Founder Anton Bukov Says He Was Fired, Starts New Venture Second Tier
The co-founder who led 1inch's architecture and security says he was pushed out in November, still owns half the company, and is now building an infrastructure startup
The Defiant•The Defiant Team16 Jul
SummerFi to Wind Down After Seven Years, Citing Exploit
Aave founder Stani Kulechov called the DeFi access point 'an OG' as its team said it would sunset the UI.
The Defiant•The Defiant Team15 Jul
Ostium Halts Trading After Oracle Exploit Drains up to $18M from Vault
Blockaid says an attacker used a registered price-feed forwarder and future-dated oracle reports to book fake trading profits, in the latest exploit to target the automated infrastructure DeFi protocols lean on for pricing.
The Defiant•The Defiant Team15 Jul
DTCC Starts Live Tokenized-Securities Trades With More Than Two Dozen Firms
The company that settles most US stock trades is running its first production trades of tokenized real-world assets, with a full service launch set for October.
The Defiant•The Defiant Team15 Jul