Babylon Labs has introduced a breakthrough in decentralized finance with the launch of trustless Bitcoin vaults. Summary Babylon launched trustless Bitcoin vaults on Aug. 6, enabling native BTC to interact with DeFi without bridges or custodians.Vaults use BitVM3 and zero-knowledge proofs to enforce smart contract logic while BTC remains on-chain.The feature expands BTCs role in DeFi and complements Babylon’s Bitcoin staking ecosystem. Announced via an Aug. 6 post on

Orca DAO has introduced a new treasury proposal designed to strengthen the Orca protocol through Solana staking and long-term token buybacks.  Summary Orca DAO plans to stake 55K SOL and repurchase ORCA over a 24-month period.Repurchased tokens may be burned, used for staking rewards, or granted to ecosystem projects.The initiative seeks to reduce supply, strengthen Solana alignment, and boost long-term protocol value. The proposal was posted to the Orca (ORCA) gover

Ethereum was trading at $3,658 at press time, posting a 2.2% gain over the last 24 hours as on-chain metrics show a surge in transaction activity. Summary Ethereum is trading at $3,658, up 2.2% on the day but down 4.7% over the week.Daily Ethereum transactions hit 1.87M on Aug. 6, nearing record highs.Technical indicators show neutral momentum, with price consolidating between $3,450 and $3,920. The price remains 30% higher than it was a month ago, even though it has

The xStocks platform has reached $2 billion in total trading volume, as trading in Tesla tokenized stock pushed it over the edge. Summary xStocks registered $2B in cumulative volume since launchThe platform partners with centralized and decentralized exchangesTokenized stocks are becoming a major Tokenized stocks are becoming increasingly popular among traders. On Wednesday, August 6, xStocks broke above $2 billion in cumulative trading volumes just over a month af

Roman Storm’s trial ended with a partial victory for prosecutors, but not the sweeping condemnation they sought. Convicted of running an unlicensed money transmitter, he avoided a more damning outcome as jurors couldn’t agree on whether Tornado Cash was a tool for criminals or simply privacy-conscious code. Summary Roman Storm was convicted of operating an unlicensed money transmitter in connection with Tornado Cash.A Manhattan jury deadlocked on more serious charges, i