Bitmine Acquires 28,000 ETH, Nears Its 5% Supply Target
Bitmine buys 28,000 ETH, reaching 97% of its goal to hold 5% of Ether's supply, while Tom Lee's firm carries a $5.1B unrealized loss.
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Harmony Moves to Kill Its Own Blockchain, Fold ONE Into Ethereum
Harmony proposes shutting down its layer-1 blockchain and migrating ONE to Ethereum, weeks after an exploit triggered plans to discard 109,000 transactions.
VARA, Securitize sign MoU for tokenization innovation in Dubai
Dubai's VARA and Securitize signed an MoU to advance tokenization innovation and jointly explore regulatory frameworks for tokenized financial products in the region.
Bitmine Holds 4.9% of Ethereum After 65 Weeks of Unbroken Buying
Bitmine has bought Ethereum for 65 straight weeks, accumulating 4.9% of total ETH supply while carrying $5.1 billion in paper losses.
GnosisDAO Votes to Settle Directly on Ethereum, Dropping Validator Set
GnosisDAO approved Gnosis Chain's transition to an EEZ rollup, ending its independent validator set and moving settlement directly to Ethereum.
Bitmine Absorbs ETH Through Losses, Eyes 5% of Total Supply
Bitmine nears 5% of Ethereum's supply with over 5M ETH staked, projecting $287M in annual rewards despite $8.4B in unrealized losses.
Bitmine’s $257M annualized staking income ‘fills’ operational gaps, share buybacks: analysts
Bitmine generates $257M annualized from Ethereum staking, covering operating costs and funding share buybacks without liquidating ETH holdings, analysts say.
Fierce backlash to Ethereum’s EIP-8363 staking proposal
Ethereum's EIP-8363 proposes reducing staking issuance, drawing fierce opposition from DeFi builders, decentralization advocates, and institutional stakers.
Ark Invest’s Wood Turned $100,000 Investment in Bitcoin to $7M
Aaron Limbu Oct 25, 2022 04:45 Cathie Wood said she currently owns over $7 million worth of bitcoin, which she purchased on the advice of Reagan-era economist Arthur Laffer, while it was trading at $250.
Cathie Wood said she…
Cash App Introduces Bitcoin Transactions via Lightning Network
Samuel Edyme Oct 26, 2022 17:01 The payment processing app created by Block Inc, Cash App, has now accepted bitcoin transactions, enabling users to both send and receive Bitcoin via the lightning network.
Payment processing app…