SOL price cracked the $200 barrier, but a rally to data suggests the factors needed for new highs are missing. Key takeaways: Solana’s onchain growth supports the current rally, but declining DEX market share signal cautious trader sentiment. SOL’s perpetual futures funding rate near neutral suggests limited bullish momentum. Read… Listen ⇢

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: OKX Slashes OKB Token Supply by 50% With $7.6B Burn, Price Surges ETH Transaction Volume Climbs on Price Rally, Cheaper DeFi Costs Weaponized… Listen ⇢

A new report crunches the numbers on federal law enforcement actions on crypto firms under President Trump. Dozens of companies received leniency, but Web3, fintech, and AI were the biggest beneficiaries. This shift came as part of a coherent strategy fueled by over $1 billion in campaign contributions. These corporations… Listen ⇢

The Trump Coin ETF from Canary Capital indicates that traditional finance products containing memecoins may still have demand. Canary Capital has registered a crypto exchange-traded fund (ETF) designed to track a memecoin token linked to US President Donald Trump. According to the Delaware State Department website, Canary Capital filed on… Listen ⇢

MetaMask, the cryptocurrency wallet that grew to popularity within the Ethereum blockchain ecosystem, is likely to unveil details of its own custom U.S. dollar-pegged stablecoin shortly, potentially as soon as this week, according to a person familiar with the matter. The MetaMask stablecoin (mUSD) was already reported to be in… Listen ⇢

SEC Nigeria partners with Chainalysis to combat rising crypto scams, boosting oversight and transparency in digital asset markets. A surge in cryptocurrency fraud has prompted the Nigerian Securities and Exchange Commission (SEC) to strengthen its monitoring measures. The regulator has partnered with blockchain analytics firm Chainalysis to improve its ability… Listen ⇢

Blockchain investigator ZachXBT exposed a sophisticated North Korean IT worker operation that infiltrates Western technology companies through remote development positions. In an Aug. 13 report, the investigator highlighted that an unnamed source compromised a device belonging to one of five DPRK IT workers, providing unprecedented access to their operational methods. … Listen ⇢

Jessie A Ellis Aug 13, 2025 18:47 GitHub has open-sourced its Model Context Protocol (MCP) server, aiming to improve AI tools’ connectivity with external applications. This move promises better automation and reduced errors in AI-assisted development. GitHub has taken a significant step by open-sourcing its Model Context Protocol (MCP) server,… Listen ⇢

ZachXBT published a series of documents stolen from North Korean crypto hackers. These documents detail precisely how infiltrators attack crypto startups and how to fight back. Essentially, these hackers work in small teams to jointly operate dozens of fake personas, which then apply for IT jobs. Web3 startups’ own negligence… Listen ⇢