One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story

Stablecoin Development Corporation, a public company built around holding and staking Sky Protocol’s SKY governance token, reported that $2.2 million of second-quarter staking revenue roughly matched its company-defined cash operating expenses. The comparison used reported dollar values: SDEV received the rewards in SKY and sold none during the quarter, meaning SDEV would need to sell…

Moonbeam just halted all user transactions, leaving late GLMR holders at mercy of an email helpdesk to recover funds

Moonbeam’s standard GLMR migration window closed last night at 23:59 UTC (July 31), as its Polkadot network moved into an operational wind-down ahead of a relaunch on Base. The cutoff ended the standard route for self-custodied free balances, while exchange holdings, frozen balances, and protocol positions remained subject to separate handling. Related Reading Latest bear…