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Phantom wallet announced yesterday that it was integrating Hyperliquid perps right into its wallet interface.

This is surprising, mainly because Phantom is Solana’s marquee wallet and far ahead of competing wallets like Solflare or Backpack, with 15 million monthly active users (MAUs).

If Phantom wanted a cut of the perps market, I suppose one would’ve naively expected it to partner up first with a native Solana perps DEX like Drift or Jupiter.

But though Drift or Jupiter might be hometown favorites, Hyperliquid is where the money already is.

Source: Dune

So the wallet…

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An overhaul of financial market infrastructure is set to occur, according to Franklin Templeton innovation head Sandy Kaul  — and likely faster than many people expect. 

“I think our entire product suite will be onchain at some point in the future,” she told me. “It is simply [about], ‘What is the migration path to getting there?’”

Financial institutions, central banks and corporations using account-based infrastructure are set to move to wallet-based systems on top of blockchains for efficiency and other benefits, Kaul argued. 

Estimates that the roughly $240 billion stablecoin market could increase by 10 times over the next several years might be…

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This is a segment from the Supply Shock newsletter. To read full editions, subscribe.

Adoption does not follow a straight line.

At least, not at the local level. But definitely, if you amalgamate the world’s adoption rate for mobile phone subscriptions and the internet, the line will indeed go straight up. 

Zoom into individual countries, though, and you’ll soon see that the road to widespread usage can be rocky — but the result is still the same.

Greece in July 2015 was in the midst of an all-out banking crisis.

The European Central Bank had declined to further prop up Greek banks with emergency debt. By this point, Greece was only just scraping together…

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Pump.fun’s initial coin offering is set to take place on Saturday, July 12. 

While there’s been speculation and reporting around a potential PUMP token, the announcement Wednesday is the first official communication from the team. Blockworks previously reported that pump.fun planned to raise $1 billion through a token sale, which would put the valuation at $4 billion. 

The PUMP ICO will not be made available to US or UK investors, the platform said.

The tokens will be sold for $0.004 apiece. With a maximum supply of one trillion tokens, that means the public sale will happen at a $4 billion fully diluted valuation. Only 49 tokens currently hold that high of an FDV, per…

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San Diego, California, July 09, 2025 (GLOBE NEWSWIRE) — Founded in 2017, Ripplecoin Mining is a free cloud mining platform headquartered in London, UK. In its 8-year history of operation, it has always been committed to providing safe, convenient and diversified cloud mining services. Bitcoin, Dogecoin, Litecoin and other mainstream cryptocurrency mining services have been well received by more than 9 million users.

Recently, Ripplecoin Mining, the global leader in cloud mining, announced the launch of a new cloud mining mobile application. The release of this application has improved the overall user experience and enabled users to access and manage their cryptocurrency investments…

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Despite a 3% drop in Bitcoin’s BTC/USD network hashrate in June, daily miner revenues soared to approximately $55,300 per exahash per second (EH/s), one of the highest profitability levels this year, according to a commentary shared with Benzinga by the analytics team of TeraHash, a global Bitcoin yield protocol.

What Happened: This surprising divergence, fueled by Bitcoin’s $109,000 spot price and $14 billion in ETF inflows, added $5.3 billion—a 23% increase—to the market value of publicly listed mining firms.

According to a JPMorgan report, Bitcoin’s network hashrate dropped by ~3% in June, primarily due to seasonal heat impacts on miners.

TeraHash’s team noted, “Bitcoin’s computing…

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