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Pudgy Penguins Team to Shutter Ethereum Layer 2 Network Abstract
Key TakeawaysAbstract, an Ethereum Layer 2 network, will shut down in December.Developers blamed a lack of growth and said they’d spent tens of millions of dollars trying to support the chain.Blast, another Layer 2 network, will shut down…
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BitMine Sets 5% Ether Supply Hard Cap as Target Nears
BitMine Immersion Technologies will cap its Ether holdings at 5% of the cryptocurrency’s supply, according to Chairman Tom Lee.Speaking during a keynote at Token2049 in Singapore on Wednesday, Lee said BitMine is nearing the threshold after…
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Solana gets JPMorgan input on settlement: What could SOL gain?
Is “institutional settlement, not adoption” becoming Solana’s next growth catalyst?
Institutional adoption is evolving beyond ETF flows, with on-chain infrastructure becoming an integral pillar of the TradFi narrative. In other words,…
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Sberbank Joins Russia’s First Registered Crypto Custodians
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more…
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Tokenized Stocks Surge 395% in a Year, But DeFi Adoption Remains Surprisingly Low
The tokenized stock market reached $3.16 billion, yet most activity happens through perpetuals rather than traditional DeFi lending markets.
Tokenized stocks had a big…
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Trump’s $5,000 Checks Could Send Billions Into Bitcoin and Crypto: But There’s a Catch
Could this become another significant liquidity event for financial markets and especially crypto?
US President Donald Trump doubled down on his promise to distribute a…
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Crypto Treasury Giants Keep Buying: Bitmine Nears 5% of All ETH as Strategy Hits 848,000 BTC
TLDR:
Bitmine holds 6,016,414 ETH, about 4.9% of total supply, and now sits 99% of the way to its 5% ETH goal.
Strategy bought 334 BTC at an average of $85,839 from October 1-4, lifting total holdings to 848,000 BTC.
Bitmine…
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Playing online poker anonymously: What does it actually mean?
Poker has always involved a certain amount of mystery. Players hide their cards or disguise the strength of their hands. People make decisions without having the full picture. Online poker added another layer to that idea. Players no…
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Better Markets Says CFTC Is ‘Wrong Agency’ for Retail Crypto
Better Markets says the US derivatives regulator’s push to develop rules for certain retail crypto transactions could leave investors with weaker safeguards, arguing the agency is ill-equipped to oversee the market. The Commodity Futures…
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S&P Global Targets Crypto Vault Risks With New Framework
S&P Global Ratings has launched a risk assessment framework for digital asset lending vaults as the onchain investment products gain traction.According to Monday’s announcement, the framework evaluates vaults across six areas: portfolio…
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