8 July 2025
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Woori Bank and three other Korean firms file trademark applications for stablecoins
South Korea’s Woori Bank, gaming firm Wemade, tech company Tscientific and blockchain infrastructure provider DSRV have each filed trademark applications for stablecoin names, according to Digital Asset.
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OpenSea buys Rally Wallet to expand mobile and token trading
OpenSea has acquired Rally Wallet to enhance its efforts in mobile access and token trading, according to Unfolded on X.
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Vertex shuts down on Arbitrum, migrates to Kraken’s Ink layer-2
Decentralized crypto derivatives protocol Vertex, built on Arbitrum, will shut down its Arbitrum-based DEX and migrate to Kraken’s layer-2 network Ink, absorbing its team and technology into Ink’s foundation, according to The Block. The VRTX token will be phased out, with holders receiving 1% of Ink’s genesis supply via airdrop after a July 8 snapshot. Treasury and unvested VRTX will be burned and detailed distribution rules will follow. The move aims to help Vertex compete more effectively in the growing perp DEX market.
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Aevo unveils platform offering 1000x leverage on select stocks
Decentralized crypto options exchange Aevo announced on X the launch of Aevo Degen, a platform allowing traders to go long or short with up to 1000x leverage on stocks like Coinbase, Robinhood and Circle. The daily markets are open during U.S. trading hours, with all positions closing at the end of each session.
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Ethereum nodes can save up to 500 GB thanks to history expiry support
The Ethereum Foundation announced that all Ethereum (ETH) execution clients now support partial history expiry under EIP-4444. By deleting block data from before the Merge, users can reduce node storage needs by 300–500 GB, allowing a node to run comfortably on a 2 TB disk. Work on full rolling history expiry is still in progress.
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U.S. stock markets open mixed
U.S. stock markets have opened mixed today.
S&P500: +0.05%
NASDAQ: +0.22%
Dow: -0.21%
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MoonPay adds Apple Pay support
Cryptocurrency payments firm MoonPay announced via X that it now supports Apple Pay for top-ups, allowing users in the U.S., EU and UK to load their balances with zero fees for fast crypto purchases.
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Binance Alpha, a platform within Binance Wallet that showcases early-stage crypto projects, added Space Nation (OIK), according to an X post by Binance. The platform selects tokens based on community engagement and emerging market trends. Alpha facilitates on-chain trading by integrating it directly into the Binance Wallet and Exchange.
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DeFi App DAO proposes DIP-004 to buy back HOME with 80% of revenue
DeFi App DAO stated on X that it has proposed DIP-004, which would allocate 80 percent of protocol revenue to buying back the HOME governance token. The buybacks would be executed weekly based on Time-Weighted Average Price (TWAP) and managed by the treasury.
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SharpLink Gaming acquires additional $19.2M worth of ETH
SharpLink Gaming, a Nasdaq-listed company implementing a treasury strategy focused on Ethereum (ETH), announced via X that it has acquired 7,689 ETH worth around $19.2 million between June 28 and July 4, bringing its total holdings to 205,634 ETH. The company has committed 100% of its ETH to staking and restaking, earning rewards.
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