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Does Botanix’s Failure Prove Bitcoiners Don’t Care About DeFi?
For the past two cycles, Bitcoin DeFi has lived more as a promise than a category.Programmable Bitcoin has remained a vision held by a certain breed of Bitcoin maxi who believes that the world’s largest cryptocurrency can become productive…
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Base Network Stalls After Invalid Block Freezes Sequencer
Key TakeawaysBase mainnet block production stalled for nearly 2 hours on June 25 after block #47,806,542 caused a consensus failure.Coinbase’s Base team confirmed all funds are safe, with sequencing restored by 17:51 UTC and monitoring…
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Ethereum’s Staking Tax May Already Be Obsolete Due To EthLabs
Ethereum is running out of money, according to former insiders. The warning has sparked one of the fiercest Ethereum governance debates in months: should the network fund developers by taxing staking rewards, or just rely on wealthy Ether…
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Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH
Dogecoin and Litecoin miners face mounting pressure as mining profitability remains low across major proof-of-work assets.
Cryptocurrency mining profitability remains…
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Sahara AI surges: Can its price recovery survive a 1.03B token unlock?
Sahara AI was up around 21% at press time, as the AI token attempted to recover following its early sharp price crash. The daily trading volume has increased by 342%, surpassing $124 million.
Here’s what caused this price surge after…
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Emergency Action as Magic Internet Money (MIM) Depegs 50%
Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg. “We’re acutely aware of the MIM depeg and are…
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Important Ripple (XRP) Deadline Concerning Many Users
The team said that funding gaps made the project unsustainable despite the early support it received during launch.
Strobe Finance, the only native decentralized lending…
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Brutal Bitcoin Liquidation Cascade Imminent Below $59K, Warns Analyst
Bitcoin could fall further and faster if a large stack of long positions gets liquidated just below current prices, warns one analyst.
Analyst ‘Reflection’ warned of a…
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ETHLabs Emerges as Former EF Researchers Start New Venture
TLDR
ETHLabs launched as a new Ethereum-focused nonprofit led by five former Ethereum Foundation researchers.
BitMine, SharpLink, and Ethereum co-founder Joseph Lubin joined the initiative as anchor funders.
ETHLabs aims to…
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SecondFI’s $2M exploit: A wallet flaw leaves Cardano users exposed
SecondFi uncovered a major wallet generation vulnerability on the 23rd of June. Notably, a flaw in SecondFi’s wallet-generation process compromised the private keys used to create Cardano wallets, resulting in an entry point for the…
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