Institutional curiosity in cryptocurrencies was piqued after “Crypto Week” within the US noticed the passage of the business’s key stablecoin invoice, the Guiding and Establishing National 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 the earth’s largest economic system, which can increase the demand for Ether (ETH) and Ethereum-based yield-generating decentralized finance protocols, in line with business 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 biggest yield-bearing Ether fund for institutional traders, known as Ether Machine.
The corporate plans to create a publicly traded automobile 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 group of crypto-native researchers and public market consultants is making ready to launch what it calls the biggest yield-bearing Ether fund concentrating on institutional traders.
The corporate, known as Ether Machine, plans to create a publicly traded automobile providing institutional-grade publicity to Ethereum infrastructure and Ether (ETH) yield, it announced 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 “broaden Ethereum’s financial safety as the bottom layer for the following period of world finance and computation,” according to its web site.
The corporate might be fashioned by means of a mixture of The Ether Reserve and Dynamix Corp, a Nasdaq-listed particular goal acquisition firm.
Following this, Ether Machine plans to record on Nasdaq below the ticker image “ETHM,” with over 400,000 ETH price greater than $1.5 billion below administration at launch.
Technique launches Bitcoin inventory pegged at $100 to extend treasury
Technique, the world’s largest company holder of Bitcoin, is launching a brand new kind of inventory providing to lift further funds for additional funding within the cryptocurrency.
Michael Saylor’s Strategy introduced plans to conduct an preliminary public providing of 5 million shares of Technique’s Variable Price Sequence A Perpetual Stretch Most well-liked Inventory (STRC).
Technique will use the web proceeds for “common company functions, together with the acquisition of Bitcoin and for working capital,” it announced on Monday.
Not like earlier choices, the STRC Inventory will accumulate cumulative dividends at a variable charge on the acknowledged quantity of $100 per share. The preliminary month-to-month common dividend might be 9% yearly.
The announcement got here two weeks after Strategy announced 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 might be accessible by means of an preliminary public providing (IPO) to “choose traders,” Saylor mentioned in a Monday X put up.
Blockchain compliance instruments can slash TradFi prices: Chainlink co-founder
Blockchain-based funding merchandise and compliance instruments are poised to grow to be greater than 10 occasions quicker 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 guide processes, leading to billions of {dollars} in prices.
“Compliance is an inefficient a part of the normal finance business that lots of people aren’t completely satisfied about, together with id verification of AML and KYC,” Chainlink co-founder Sergey Nazarov advised Cointelegraph through the RWA Summit 2025 in Cannes.
“If you happen to examine what it prices and the way difficult it’s to make a compliant transaction within the TradFi world, our business ought to be capable of do it 10 occasions quicker and cheaper,” he mentioned. “It’s like an enormous price downside for the TradFi business.”
Nazarov added that fixing this inefficiency might “unblock a bunch of establishments from with the ability to put capital onchain.”
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 line with a report from blockchain safety auditor Hacken.
This determine already exceeds the entire of $2.85 billion from all of 2024. Whereas the $1.5 billion Bybit hack in February could have been an outlier, the broader crypto sector continues to grapple with safety challenges.
The distribution of loss sorts stays largely per traits noticed in 2024. Entry-control exploits have been the first driver of losses, accounting for round 59% of the entire. Sensible-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 should care about their previous or legacy codebase if it was not stopped from working fully,” Rudytsia mentioned.
CoinDCX pronounces 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 internal 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 get well 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 can assist hint and retrieve.
“The publicity was from our personal reserves, and we have now already absorbed it by means of our company treasury,” mentioned Gupta in a Monday X post, including:
“Greater than recovering the stolen funds, what’s essential for us is to establish and catch the attackers, as a result of such issues shouldn’t occur once more, not with us, not with anybody within the business.”
The hack “doesn’t influence any of our clients and the platform continues to run as regular,” he added.
DeFi market overview
Based on Cointelegraph Markets Pro and TradingView knowledge, many of the 100 largest cryptocurrencies by market capitalization ended the week within the pink.
Solana-native memecoin launchpad Pump.enjoyable’s (PUMP) token fell over 50% because the week’s greatest 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 part of us subsequent Friday for extra tales, insights and schooling relating to this dynamically advancing area.
