Author: James Wilson

On July 12, Uniswap founder Hayden Adams posted a number that would have sounded like satire during the governance-token winter: the protocol is generating 5.2 million dollars in daily fees, more than any protocol in crypto other than the two giant stablecoins, and far more than the perpetuals and memecoin venues that dominated the fee leaderboard for the past two years.  Summary Uniswap is generating more than 5 million dollars in daily fees, driven largely by Robinhood Chain activity. Robinhood Chain recorded 500 million dollars in daily Uniswap volume within eight days of launch. The UNIfication program burns UNI against…

XRP traded at $1.08 on July 13 after losing 1.09% over 24 hours and 5.48% across seven days.  Summary XRP trades near $1.08 as whale transfers and institutional fund demand weaken across the market. Transactions above $1 million fell sharply, leaving traders focused on support around the $1 level. ETF outflows ended a nine-week inflow streak while technical momentum remained weak and largely neutral. The token moved between $1.07 and $1.10, while trading volume reached about $836 million. Its market value stood near $67.36 billion, keeping the token sixth among cryptocurrencies by market capitalization. The latest decline pushed the asset…

Fundstrat co-founder and BitMine chairman Tom Lee has told investors to watch the Ethereum-to-Bitcoin ratio for signs of a broader crypto recovery.  Summary Tom Lee says a rising ETH/BTC ratio could mark renewed demand across the crypto market. Ether is testing resistance near 0.0286 BTC after recovering from its early June local low. Falling Bitcoin dominance and improving altcoin measures point to rotation, but confirmation remains limited. In a July 13 post before his WebX 2026 appearance in Tokyo, Lee called ETH/BTC a “signal of a revival of crypto.” His statement reflects his market view rather than a guaranteed trading…

Evernorth has launched a Japanese-language presence as the digital asset treasury company expands its work around XRP.  Summary Evernorth launched Japanese-language channels while its Nasdaq merger remains subject to regulatory and shareholder approval. SBI’s $200 million commitment gives Evernorth a direct link to Japan’s established XRP financial network. The Japan account promises market analysis without price forecasts, keeping its launch focused on information. The firm introduced a dedicated account for local updates and market analysis. In its opening message, Evernorth said, “Japan believed in XRP early on. Together, we will build from here.” The statement describes the company’s position, but…

Ripple CEO Brad Garlinghouse said the company seriously considered closing after the U.S. Securities and Exchange Commission sued it in December 2020. He said he and co-founder Chris Larsen discussed distributing Ripple’s XRP holdings to shareholders on a pro rata basis and dissolving the business. Garlinghouse described that choice as the easier path against an agency with “infinite power and resources.” Summary Ripple considered dissolving and distributing XRP to shareholders before choosing to fight the SEC lawsuit. Garlinghouse said the company protected hundreds of jobs despite spending about $150 million on litigation. The case ended in 2025, while Ripple’s penalty…

Blockstream co-founder Adam Back and Strategy founder Michael Saylor have publicly opposed BIP 110, a proposed temporary soft fork for Bitcoin. A Wu Blockchain post summarized their comments on July 12. Back said the plan attempts to police transactions that other users choose to send. He argued that this approach conflicts with Bitcoin’s decentralized and permissionless design. Summary Adam Back and Michael Saylor reject BIP 110, citing censorship concerns and potential fork risks. BIP 110 would temporarily restrict large data fields while preserving outputs created before network activation. Miner signaling remains near zero, far below the proposal’s required 55 percent…

Hedera-based lending protocol Bonzo Lend lost about $9.05 million after an attacker manipulated the price of SAUCE used as collateral. Bonzo Finance Labs said the incident began on July 11, 2026, when a wallet submitted a false SAUCE price to a third-party Supra oracle contract. The attacker deposited 250 SAUCE, worth only a few dollars, before the feed treated the tokens as highly valuable. Summary An attacker inflated SAUCE’s oracle price and borrowed assets worth about $9.05 million from Bonzo. Supra’s verifier accepted a zeroed signature, allowing the false price update to reach Hedera mainnet. Bonzo paused lending while teams…

BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL, has passed $900 million in assets on Avalanche. The figure rose from about $464 million within seven days, adding roughly $436 million and marking a 105% weekly increase.Wu Blockchain cited current RWA.xyz data when reporting the move on July 12. Summary BlackRock’s BUIDL assets on Avalanche doubled within one week, passing the $900 million mark today. Avalanche now holds the second-largest BUIDL allocation behind Ethereum, according to the latest RWA.xyz data. BUIDL’s total value reached about $2.87 billion as tokenized Treasury demand continued growing across blockchains. RWA.xyz’s BUIDL dashboard places the…

The Cambridge Centre for Alternative Finance has estimated Ethereum’s annual electricity consumption at 7.87 gigawatt-hours. That equals a continuous power demand of about 0.90 megawatts. The study places Ethereum near the lower end of energy intensity among major proof-of-stake blockchains when researchers adjust electricity use for market value. Cambridge also estimated annual emissions of about 2.37 kilotonnes of carbon dioxide equivalent. Summary Ethereum ranks second-lowest in market-value-adjusted energy intensity among the major proof-of-stake networks Cambridge studied globally. Cambridge measured 8,522 nodes and calculated electricity demand of roughly 105 watts per node. The Merge cut Ethereum’s power demand by over 99.9%,…

Strategy Executive Chairman Michael Saylor has renewed speculation about the company’s next Bitcoin transaction. In a July 12 post, he shared Strategy’s familiar acquisition chart and wrote, “Orange dots tell only part of the story.” The chart marks past Bitcoin purchases, but the message did not say whether Strategy had bought, sold, or taken no action during the latest reporting period. Summary Saylor’s orange-dot post leaves Strategy’s next Bitcoin move unclear after last week’s major corporate sale. Strategy sold 3,588 BTC for $216 million, funding preferred dividends and rebuilding its dollar reserve. MSTR remains bearish near support, while weak momentum…