TLDR: Bit Digital to exit BTC mining and reinvest in Ethereum staking infrastructure. ETH holdings exceed 24,000 as firm pivots to long-term yield generation. Staking-focused strategy aligns with rising institutional interest in Ethereum. Short-term volatility […]
Ethena Labs announced on Wednesday that the German Federal Financial Supervisory Authority, BaFin, and Ethena GmbH, the company’s German arm, have agreed on a redemption plan for USDe stablecoin holders. The regulator said it had […]
Key points: Bitcoin’s relief rally rose above $108,000, but the bulls may struggle to push and sustain the price above the all-time high of $111,980. Several major altcoins have bounced off their recent lows but […]
Cryptocurrencies are up as Maple Finance (SYRUP) price spikes 19% amid institutional DeFi adoption. The Movement (MOVE) token gained 17% as price hits $0.19 on rising volume. DeXe’s DEXE token jumped 10% in 24 hours […]
Key Takeaways zkLend is shutting down after a security exploit and the ZEND token’s delisting from Bybit and KuCoin. The protocol will use its remaining $200,000 treasury to support affected users and is open-sourcing its […]
Key Takeaways Federal Reserve Chair Jerome Powell stated that crypto assets are becoming more mainstream and the industry is maturing. Powell expressed support for banks engaging with crypto, as long as regulation ensures safety and […]
Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more As AI transforms enterprise operations across diverse industries, critical challenges continue to […]
New on-chain data has revealed a widening profit gap across major crypto assets, fueling speculation on which coins are overheated and which are primed for a breakout. According to market intelligence platform Santiment, 94.5% of […]
Bitcoin’s hashrate saw its most dramatic fall of the last three years between June 15 and Tuesday, according to Blockchain.com data. Bitcoin’s hashrate decreased from nearly 943.6 billion terahashes per second (TH/s) on June 15 […]
Before they were in every home, some of the most essential gadgets of today were technological punchlines, too weird, too early, too expensive or just plain bad. In the ’90s and early 2000s, inventors and […]
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