SharpLink opposes Ethereum plan to cut staking yield to zero
SharpLink CEO Joseph Chalom has opposed an Ethereum proposal that could eventually eliminate issuance-based staking rewards, warning that the change may weaken ETH’s appeal to institutions and raise capital costs across decentralized finance. Summary SharpLink opposes tapered issuance burn, arguing…
Bitcoin Miner MARA Posts $611M Loss as Revenue Falls 27%
The miner’s BTC holdings dropped 29% year over year as the company sold to support liquidity and capital projects. MARA Holdings, the largest publicly traded Bitcoin miner, reported a net loss of over $611 million for the second quarter…
US sanctions 2 crypto exchanges over Iran-linked funds
U.S. authorities sanctioned crypto exchanges Shelbit and Aban Tether after alleging that the platforms helped Iran evade restrictions and move funds connected to the Islamic Revolutionary Guard Corps. Summary OFAC sanctioned Shelbit, Aban Tether and Siavash Kayvanpour over alleged sanctions…
Micro Bitcoin (BTC) Holders Are Vanishing at the Fastest Pace Since December 2024
Retail investors are exiting Bitcoin at their fastest pace since December as whales keep accumulating near current prices. Bitcoin whales and sharks are continuing to increase their holdings as the cryptocurrency trades in the $63,000 to $65,000 range, according…
CFTC warns prediction markets over gambling-style odds
The CFTC has warned regulated prediction markets against displaying American-style gambling odds as state authorities intensify efforts to classify sports event contracts as unlicensed betting. Summary The CFTC told regulated prediction markets to avoid American-style odds in product displays. Platforms…
Ethereum’s $5,000 Path? ETH Reclaims a Key Level as Institutions Keep Accumulating
Ethereum remains near $1,900, but hidden strength is building through technical breakouts, institutional interest, and massive treasury purchases. Ethereum has been hovering near the $1,900 level after climbing almost 9% over the past month, but it is still far…
Circle brings native USDC and CCTP to OKX X Layer
Circle has launched native USDC and its Cross-Chain Transfer Protocol on OKX’s X Layer, giving developers and businesses direct access to the regulated stablecoin across payments, DeFi and automated applications. Summary Native USDC is now available on X Layer, replacing…
Pi Network (PI) Slips 5% Daily, But Community Sentiment Remains Strongly Bullish
PI has surpassed BTC, ETH, XRP, and several other major cryptocurrencies on one interesting front. Many well-known altcoins, including Cardano (ADA), Hyperliquid (HYPE), and Zcash (ZEC), have posted some gains over the last 24 hours, yet Pi Network’s PI…
BTCPay Server warns active exploit may drain funds
BTCPay Server has urged users to install version 2.4.2 immediately after discovering that attackers are actively exploiting a critical vulnerability that could lead to stolen funds. Summary BTCPay Server v2.4.2 contains the required security update. The vulnerability is already being…
Senate Pushes CLARITY Act Into a Crowded September Calendar: What Does it Mean for Crypto?
The US Senate has postponed its planned floor vote on the CLARITY Act until September, pushing the digital asset market structure proposal beyond the August recess. Senate Majority Leader John Thune confirmed the delay after Democratic lawmakers withheld procedural support,…
