Ethereum researchers want to rein in staking, critics say it could backfire
EIP8363 is a newly published draft proposal that would cut net consensuslayer rewards as the Ethereum staking ratio heads toward 50%. Source:Cointelegraph
Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumped
The Italian bank tripled its holding of iShares Staked Ethereum Trust ETF stake as total bitcoin ETF holdings fell 35% to $69.3 million. Source:CoinDesk
BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion
A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZerotoChainlink moves now totaling $14.5 billion. Source:CoinDesk
The Magnificent Seven companies just did something they haven’t since ChatGPT was first released
The grouping of companies called the Magnificent Seven just did something that they haven’t since the introduction of ChatGPT sent the market into an…
First U.S. spot bitcoin ETF to close as inflows dwindle, investors chase AI returns
Hashdex's DEFI, the smallest of the funds, held $14.7 million under management, compared with $47.08 billion for BlackRock’s IBIT. Source:CoinDesk
XRP holders can now borrow RLUSD on Ethereum through $280 million lending pool
XRP holders can now borrow RLUSD against their coins on Ethereum without selling, through a $280 million vault that had never accepted an XRPlinked asset…
Bitcoin nears $64,000 as traders look past Strategy's BTC sales and Coldcard sweeps
Every major token except ether is green on the week, with BTC up 1.9% over 24 hours and Asian equities selling off on AItrade jitters. Source:CoinDesk
Tom Lee's Bitmine bought more ether, added to stock buyback last week
Chairman Tom Lee said ether's outperformance versus the Nasdaq in July signals strengthening crypto fundamentals. Source:CoinDesk
Trumps’ American Bitcoin reports record BTC output, narrower Q2 loss
Trumplinked Bitcoin miner produced a record 932 BTC in the second quarter, lifting mining revenue 8% as its net loss narrowed from the previous quarter.…
Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market
Oil and Treasury yields fell after fresh U.S.Iran talks eased inflation fears, but bitcoin and ether failed to catch a bid as fresh Coldcardlinked sweeps…
Trump Media’s bitcoin stash may be down to loan collateral after $165 million BTC move
Wallets tied to the Truth Social parent now hold about as much bitcoin as the company previously pledged as note collateral, making its next 10Q the key test…
Coldcard hack sparks biggest sub-1 BTC move since FTX: CryptoQuant
Bitcoin users moved 39,600 BTC in small transactions as the Coldcard hack continued, with researchers warning that the attack remained active.…