Author: Blockto Team

Aave has formally refocused its strategy on decentralized finance (DeFi) by transferring stewardship of the Lens Protocol to Mask Network, marking a strategic realignment rather than a full exit from social infrastructure. The move places Mask Network in charge of consumer-facing development, while Aave steps back into a technical advisory role centered on protocol infrastructure. The transition clarifies operational responsibilities without changing the core nature of Lens. According to statements from the teams involved, Lens remains open-source, permissionless, and infrastructure-first, with no transfer of ownership, governance rights, intellectual property, or treasury assets. Kulechov said in an X post; Under the new structure,…

Dogecoin (DOGE) fell roughly 5% to $0.125, breaking below a critical support zone around $0.126, triggering a wave of long liquidations. The decline was accompanied by elevated trading volume, highlighting selling pressure as former support levels have now turned into resistance. Traders are closely watching $0.124 as the near-term line in the sand, with a breach potentially opening the door for further declines toward the $0.123 to $0.122 area. The breakdown reflects broader market weakness, particularly among memecoins, which often amplify swings in volatile conditions. Technical analysis shows that DOGE failed to hold its consolidation floor, and the price now…

Momentum is building in Washington to pass a comprehensive crypto market structure bill, but compromises will be necessary to move it through the US Senate, according to a senior White House advisor. As lawmakers face tightening political timelines ahead of the midterm elections, the window for bipartisan agreement may be narrowing. Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, said the passage of a crypto framework is a matter of timing rather than possibility. He argued that allowing a multi-trillion-dollar digital asset industry to operate without clear federal rules is no longer realistic.The proposed legislation…

Galaxy is preparing to launch a $100 million hedge fund designed to profit from both rising and falling cryptocurrency prices, signaling a strategic shift as the market moves beyond its prolonged bullish phase. The fund is expected to debut in the first quarter, reflecting growing demand for more flexible investment approaches in digital assets. The new hedge fund will deploy a long-short strategy, taking positions across crypto tokens and traditional financial equities connected to blockchain infrastructure. Up to 30% of the capital will be invested directly in cryptocurrencies, while the remaining funds will target financial services stocks influenced by regulation,…

Corporate adoption of digital assets is accelerating, with nearly half of Fortune 500 companies expected to engage with crypto by the end of 2026. According to Ripple president Monica Long, blockchain is rapidly evolving into the core operating layer of modern finance, driven by years of technical development and expanding regulatory clarity. Long stated that roughly 250 of the largest U.S. corporations will either hold digital assets directly or use blockchain-powered financial instruments within the next two years. These strategies go beyond passive exposure, including tokenized assets, digital asset treasuries, stablecoins, onchain Treasury bills, and programmable financial tools.She projects that…

Solana Mobile has officially launched the SKR token airdrop, providing Seeker phone users and developers the opportunity to claim the native asset. SKR is designed to power control, incentives, and ownership within the Solana Mobile ecosystem, reinforcing the platform’s commitment to user-driven mobile blockchain solutions. Seeker phone owners can claim their SKR tokens directly through the device’s built-in wallet. The airdrop allows users a 90-day claim window, after which unclaimed tokens will be returned to the airdrop pool. Developers who released a high-quality app on the dApp Store during Seeker’s Season 1 are also eligible, supporting the growth of the…

Hong Kong has reiterated its commitment to a “same activity, same risk, same regulation” approach for digital assets, signaling that innovation must advance alongside robust oversight. Speaking at a closed-door workshop during the World Economic Forum in Davos, Finance Secretary Paul Chan emphasized the need for clear regulatory guardrails as financial services and technology continue to converge. Chan explained that the city’s framework ensures digital asset businesses are regulated based on the risks they pose, rather than the underlying technology they use. This principle aims to maintain financial stability, market integrity, and investor protection, while still allowing room for innovation.…

Grayscale has taken another step in expanding regulated crypto investment products by filing to convert its NEAR Protocol Trust into an exchange-traded fund. The filing, submitted to U.S. regulators, continues the firm’s broader strategy of transitioning private crypto trusts into publicly traded ETFs. The preliminary prospectus outlines plans to transform the Grayscale NEAR Trust, which provides fractional exposure to NEAR Protocol tokens, into an ETF listed on NYSE Arca. The trust currently trades on the OTC market and is structured to track the value of NEAR without requiring investors to directly hold the tokens.This trust-to-ETF pathway mirrors Grayscale’s previous conversions…

Chainlink has introduced 24/5 onchain data streams for U.S. stocks and exchange-traded funds, marking a significant step toward aligning traditional equity markets with blockchain’s always-on infrastructure. The new service extends Chainlink’s existing data streams to cover all weekday trading sessions, including after-hours and overnight periods. The newly launched solution delivers fast, secure, and low-latency market data for tokenized U.S. equities and ETFs, five days a week. By providing continuous pricing and market signals beyond standard trading hours, the system enables decentralized protocols to more accurately reflect real-world market conditions onchain.These streams are already supported across more than 40 blockchains using…

Markets could face a challenging opening to 2026 before stabilizing later in the year, according to Fundstrat’s head of research Tom Lee. Lee cautioned that both crypto and equity markets may experience a “painful” decline early in the year, driven by geopolitical uncertainty and macroeconomic pressures, before recovering as conditions improve. Lee explained that while blockchain and artificial intelligence remain long-term growth drivers, near-term risks could delay a sustained rally. He highlighted tariffs, political divisions, and global tensions as factors likely to weigh on investor sentiment. These issues, he said, could mirror the uneven market environment seen previously, where optimism…