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Government

Ripple calls for crypto unity after CLARITY defeat

Ripple Chief Legal Officer Stuart Alderoty has called for greater coordination across the crypto industry after the CLARITY Act failed to advance in the US Senate.

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Ripple calls for crypto unity after CLARITY defeat

Insights

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Insights

Tokenised infrastructure pushes Pharos deeper into RWA markets

  • Pharos Network has launched PGNGI+, an on‑chain infrastructure fund product linked to Partners Group, extending its RealFi ecosystem beyond basic DeFi into tokenised infrastructure income rights.
  • Pharos currently holds about US$127.75 million in active RWA value and US$6.79 million in DeFi TVL, which is materially smaller than leading RWA platforms such as Ondo ~US$3.44b TVL, Securitize ~US$4.96b, Maple ~US$2.23b and Centrifuge ~US$1.63b.
  • The broader RWA sector is fragmenting by niche - tokenised funds and Treasuries Ondo, Centrifuge, institutional credit, and regulated issuance across many chains - with competition centred on institutional access, compliance frameworks and on‑chain liquidity.
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Tokenised infrastructure pushes Pharos deeper into RWA markets
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Insights

Ethereum’s upgrade race puts rival chains under scrutiny

  • Ethereum is evaluating 66 proposals for its upcoming Hegotá upgrade, with FOCIL already chosen as the consensus-layer headliner and other ideas targeting privacy, account abstraction and censorship resistance.
  • Ethereum still dominates DeFi with about US$41.35 billion in TVL, well ahead of Solana ~US$4.82b, BNB Chain ~US$4.87b, Avalanche ~US$0.43b and Cardano ~US$0.06b.
  • Each rival chain is also upgrading—Solana on speed and client diversity, BNB Chain via the Pasteur hard fork, Avalanche with Helicon execution/validator changes, and Cardano through on-chain governed hard forks - creating different trade-offs in speed, security, governance and scalability.
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Ethereum’s upgrade race puts rival chains under scrutiny

Economy

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Economy

Bitcoin holds steady as oil rises

Bitcoin (CRYPTO:BTC) traded near US$77,580 as the latest US-Iran escalation pushed oil higher and stocks lower.

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Bitcoin holds steady as oil rises