Despite another week of downside for the cryptocurrency market, the staked ether supply has reached a new all-time high, which means more than 28% of token supply is now locked in exchange for passive income.
A growing staked ether (Eth) The supply indicates that many investors are preparing to hold their tokens, rather than sell at current prices.
Meanwhile, companies exchanged by the public are continuing to establish corporate cryptocurrency reserves, which signed an increase in institutional adoption of digital assets beyond bitcoin (Btc).
On Thursday, the NASDAQ announced listed in the Lion Group Holding (LGHL) plans to establish a $ 600 million crypto treasury Reserve, with hyperliquid (hype) token as its main property.
The Singapore -based trading platform will put the first $ 10.6 million investment on Friday, after the company obtains a $ 600 million facility from ATW partners, Cointelegraph reported.
Staked Ethereum hits 35 million eth highs as refusal of liquid supply
The staked ether supply has reached a full-time high this week, which signed the growing confidence of the investor and a squeeze in the liquid supply of the world’s second largest cryptocurrency.
More than 35 million ether (Eth) coin is Staked today under The proof-the-stake model of the agreed Ethereum Blockchain, According to in data from dune analytics.
More than 28.3% of the total ether supply is now locked in smart contracts and will not be noticed for a predetermined time in exchange for developing passive income for investors.
A growing staked supply also suggests that a large percentage of investors are preparing to hold their ETH rather than sell at current prices.
More than 500,000 ETHs were stuck in the first half of June, signing “rising confidence and a continuing collapse of liquid supply,” Says Pseudonymous with a cryptoquant onchainschool in a post on Tuesday.
Ether accumulation addresses, or holders without a history of sale, also reached a full time high of 22.8 million in ETH handling, which signed that Ethereum was among the “powerful crypto properties in terms of long-term fundamental fundamentals and investors,” said analyst.
The “Crypto-Native” Asset Managers Quadruple Onchain Holdings from January
Crypto asset managers have significantly expanded their holdings to blockchains since the beginning of the year, as institutions have been increasingly using decentralized finances as a back-end to their services, according to a new report.
“A new class of ‘crypto-natives’ asset managers are emerging,” the platform of analytics Artemis and Defi Ani platform vaults said in a Report On Wednesday.
“Since January 2025, this sector has grown onchain capital base from approximately $ 1 billion to $ 4 billion.”
The report said Asset Managers is “silently disposing of capital across different sets of opportunities,” giving examples of major companies locked in nearly $ 2 billion in decentralized lending and borrowing a Morpho protocol platform.
Crypto sprouts this year as the US Trump administration has moved to support The sectorProviding confidence to institutions They can use crypto and defi protocols without faced with regulatory litigation.
Nobitex Source Code that leaks after the $ 100 million hack of Pro-Israel Group
The hackers behind a $ 100 million exploitation of the Iranian cryptocurrency exchange Nobitex released the complete source code of the platform, placing the remaining user assets.
Nobitex Exchange is That -hack at least $ 100 million of cryptocurrencies On Wednesday by a pro-Israel group calling its own “Gonjeshke Darande,” which said responsibility for the attack.
At the latest turn of events, the group said it was good in its previous threat to leakage the code and internal exchange files.
“Time’s up – full source code linked below. The assets left in Nobitex are completely in the open,” Gonjeshke Darande wrote in an x Post on Thursday.
The X thread detailed the basic steps of the exchange security, including its privacy settings, blockchain cold script, list of servers and a zip file containing the entire source code in Nobitex Exchange.
The source code was scattered one day after the group’s responsibility for exploitation, promising to release the exchange code of exchange and internal files within 24 hours.
Hackers said they target the exchange because it is related to the Iranian government and participates in funding activities that violate international penalties.
Flare Network Bridges XRP to defi to unlock dormant liquidity
Despite its massive popularity, the XRP has remained more out of decentralized finance (DEFI) due to the technical limitations of the XRP Ledger (XRPL).
XRPFI, a defi ecosystem centered on XRP (XRP), aimed at narrowing that space. It uses the bridal and intelligent technology of the Flare Network contract to bring the XRP to the kingdom of programmed financial.
The Flare Network, a full-stack layer-1 blockchain designed for intensive data applications, serves as an important bridge that connects non-smart-contract assets such as XRP to the Defi Ecosystem.
In the middle of flare infrastructure are the fassets, a system that creates completely collateralized representations of these possessions. A well -known example is the FXRP, a wrapped version of the XRP that gives the holders to deploy their XRP to defi protocols within the Flare network.
Through the staking FXRP, the holders receive the STXRP, a liquid staking token that represents a claim to the staked FXRP.
“This setup allows XRP holders to unlock indigenous people such as staking harvest in a property that otherwise does not support staking, enabling passive income without sacrificing liquidity,” Max Luck, head of growth in Flare, told cointelegraph.
DERIBIT, Crypto.com Include Blackrock’s Buidl as Trading Collateral
The Crypto Derivatives Exchange Deribit and Spot Exchange Crypto.com receives Blackrock’s tokenized Treasury Fund as Trading Collateral for institutional and experienced clients.
Moving will allow institutional entrepreneurs to use a low-volatility, Ani-bearing digital instrument As collateral for their accounts, lowering margin requirements for leveraged trading, according to Forbes.
Coinbase, one of the world’s largest exchanges by trading volume, has announced a $ 2.9 billion deal to Get a derivit in May 2025.
The deal can expand the utility of Blackrock’s Institutional Digital Liquidity Fund (BUIDL). The fund holds nearly 40% of sharing of tokenized Treasury Market, or approximately $ 2.9 billion worth locked, according to Data From RWA.xyz.
Tokenized US treasury products are slowly emerging as a alternative to traditional stablecoinsThanks to their characteristics of bringing yield. The growth of these products reflects the broader integration of cryptocurrencies with a legacy financial system.
Overall -Defi Market
According to the data from Cointelegraph Markets Pro And tradingview, most of the 100 largest cryptocurrencies by market capitalization ended the week in red.
The Story (IP) The token fell to 18% as the largest loser in the week at the top 100, followed by four (form) token, down more than 12% last week.
Thanks for reading our summary of the most affecting defi development of this week. Join us next Friday for more stories, perspectives and education about the dynamic advancement of this space.
