Author: driver789
This article has been updated to include a chart showing Bitmine’s share price performance over the past day. Bitmine has increased its Ethereum treasury with another $70 million purchase, taking its holdings to nearly 5% of the token’s circulating supply. Summary Bitmine has purchased another 40,000 ETH worth about $70 million, taking its Ethereum treasury close to 5% of the token’s circulating supply. Most of the company’s Ethereum holdings remain staked through its validator network, with staking expected to generate significant annual rewards. Chairman Tom Lee has pointed to growing Ethereum adoption and improving regulatory prospects while the company’s shares…
Ethereum treasury company BitMine said it now holds 5,742,237 ETH, or 4.8% of Ethereum’s (ETH) 120.7 million token supply, putting one public treasury within 0.2 percentage points of its stated 5% ownership target.BitMine’s buying pace, staking choices, financing route, and eventual selling discipline now shape how ETH demand shows up across crypto markets and listed equities.The firm said its total crypto, cash, marketable securities, and strategic holdings stood at $11.1 billion as of June 28. It also said 4,879,157 ETH was staked as of July 5, worth about $8.8 billion at $1,800 per ETH, or roughly 85% of its ETH…
A North Carolina trader and his investment firm have been accused of running a nearly four-year investment fraud that allegedly raised more than $14 million from investors through a commodity pool tied to futures, options and crypto assets. Trevor L. Vernon and Argent Capital Management LLC were named in a civil complaint filed in the U.S. District Court for the Western District of North Carolina. The case was brought by the Commodity Futures Trading Commission, which says at least 60 participants were misled about the performance of the trading pool between March 2022 and February 2026. Investors Were Allegedly Shown…
Privacy-focused layer-1 blockchain Secret Network is proposing to move from its longtime home on Cosmos to Ethereum layer-2 Arbitrum, citing security risks from artificial intelligence, among other reasons. Secret Network has been running privacy-preserving smart contracts on Cosmos since 2020, as the ecosystem had strong momentum back then, but the “environment has changed,” the team said Tuesday. “The security risk is the part we take most seriously,” it said. “Old code is becoming dramatically easier to analyze … With AI, the cost of attacking stale code is falling across the board.” The recent Axelar-Secret IBC bridge exploit highlighted growing security risk from aging,…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
Stablecoin activity is becoming a contest over which blockchains move the most tokenized dollars.Visa Onchain Analytics showed that the adjusted stablecoin transaction volume reached about $1.79 trillion in June, surpassing its February high and rising sharply from May. The key network split was tight: Base ranked first at about $565 billion in adjusted volume, just ahead of Ethereum at roughly $562 billion.While the edge Base might have over Ethereum might be small, it’s still a significant achievement. Base is a layer-2 network built around cheaper, faster Ethereum activity. When it rises to the top of an adjusted stablecoin flow table,…
ZEC ($493.09 · Live)-Price-Rising-Today-Can-This-Breakout-Trigger-a-40-Rally-1024×536.webp” class=”webfeedsFeaturedVisual wp-post-image” alt=”Why Is Zcash (ZEC) Price Rising Today Can This Breakout Trigger a 40% Rally” thumbnail=”” decoding=”async” fetchpriority=”high” >The post Zcash (ZEC) Price Explodes 10% as Social Activity Spikes—Will the Rally Continue? appeared first on Coinpedia Fintech News The Zcash (ZEC) price is back in the spotlight after posting a double-digit gain over the past 24 hours. With this, the price reclaimed the $500 level after spending weeks trading in a tight range. The popular privacy token had gained attention previously when it rallied close to $700 that attracted a significant profit taking …
A trader has lost nearly $2 million in an Ether swap after a decentralized exchange router sent the transaction through a low-liquidity pool, allowing a same-block arbitrage trade to capture almost the entire value. Summary A trader lost nearly $2 million after a DEX router sent an Ether swap through a low liquidity pool, leaving just $14,500 worth of LIT tokens. GoPlus Security said a same block backrun arbitrage extracted more than 1,072 WETH after the trade inflated AVAIL prices by about 120 times. The incident highlights how routing decisions and MEV activity can expose traders to severe losses even…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
Vitalik Buterin says almost every major piece of Ethereum will be replaced over the next three to four years: the cryptography, the execution engine, the storage model, the verification itself. The plan lands with ether down 60 percent from its peak and the Foundation fresh off cutting a fifth of its staff. This is the most ambitious bet in crypto, made from the weakest position Ethereum has occupied in years. Summary Lean Ethereum would replace core parts of the protocol while keeping existing applications running. Recursive STARKs sit at the center of Ethereum’s proposed shift from re-execution to proof-based verification.…