Crypto
JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool,…
Robinhood’s partnership with Uniswap is helping the brokerage rapidly build liquidity on its new blockchain, potentially removing a key obstacle to attracting users and assets, according to Standard Chartered.In a recent note, Standard Chartered analyst Geoffrey Kendrick said Robinhood Chain…
Publicly traded Bitcoin miners are cutting mining capacity faster than the Bitcoin network overall, suggesting that more operators are redirecting electricity and infrastructure toward data centers and high-performance computing (HPC), in another sign of the sector’s evolution beyond creating more…
Cryptocurrency wallet company Trezor reported a breach of personal data affecting about 14,000 users through its shipping provider, ShipMonk. Trezor’s Wednesday blog post said users who received its products from the US, UK, Sweden, Colombia, Brazil, Italy, and Portugal between May…
Bitmine Immersion Technologies, the largest corporate Ether holder, surpassed 5 million Ether in staked tokens, which will generate an estimated $257 million in annualized revenue, according to a company announcement on Monday. Ether (ETH) staking is emerging as an important revenue…
Most decentralized finance (DeFi) protocols are no longer truly decentralized, according to Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network.“I don’t think DeFi exists anymore outside of those very small niches,” Cronje told Cointelegraph during…
Bitcoin (BTC) recent buyers are the latest hurdle to a breakout from a stubborn trading range in place since June.Key points:Bitcoin short-term holders are keen to sell into range highs as they seek to break even on their investment.BTC price…
Crypto valuations could at least double as protocols increasingly use revenue to fund token buybacks and burns, according to Bitwise Chief Investment Officer Matt Hougan. On Wednesday, Hougan said crypto outside of Bitcoin is becoming a revenue-driven market in which network…
An Australian Securities Exchange (ASX) shareholder plans to seek Federal Court permission to sue certain former ASX officers and directors over alleged breaches of duty connected to its failed blockchain-based clearing and settlement overhaul.On Wednesday, ASX said Rosherville Pty Ltd…
Anchorpoint Financial, a Hong Kong-licensed stablecoin issuer, has added HashKey Exchange as an authorized distributor for its Hong Kong dollar stablecoin, HKDAP, potentially expanding access to the fiat-backed asset as Hong Kong’s regulated stablecoin market takes shape.The companies announced on…
Just a day after real-time flight tracking website FlightAware filed a lawsuit against prediction markets platform Kalshi over use of its name and data, the flight data company gave notice of voluntary dismissal of the case. In a Tuesday filing in…
The Bank of England’s Digital Pound Lab is testing whether stablecoins and a potential digital British pound can operate within the same cross-border payment flow as part of an experiment focused on trade finance.The experiment involves NOBO Finance, Dun &…
Bitcoin (BTC) saw weakness around Wednesday’s Wall Street open as markets reacted to key US inflation data.Key points:Bitcoin ignores good news around US inflation figures as it dips below $63,500.Fed rate-hike odds cool further as attention now switches to Thursday’s…
Prediction market Kalshi’s live order book is now available through data provider DoubleZero Edge’s dedicated fiber network, the two companies said in a Wednesday announcement shared with Cointelegraph.Kalshi said this makes it the first prediction market to distribute its real-time…
Bitcoin (BTC) transaction fees now account for just 0.69% of miner revenue as major players pivot to AI.Key points:Bitcoin miners now rely on block subsidies more than at any time in the past decade, data shows.Bitcoin hash rate has declined…
Binance and RedotPay are disputing whether a Singapore case related to their nearly $473 million Hong Kong legal battle is coming to an end.The stablecoin payments card issuer told Cointelegraph on Tuesday that it expects Binance to discontinue the Singapore…
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