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Chainproof Combats Ethereum ‘Slashing’ Losses With Guaranteed Yearly Yields

Crypto insurer Chainproof announced a new product Wednesday that lets Ethereum stakers protect against slashing and guarantees them a en az yearly yield. Slashing, while rare, is a big concern for stakers. It’s a feature that keeps the validators …

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CFTC Commissioner Mersinger to Be CEO at Blockchain Association

Summer Mersinger, one of the Republican commissioners at the Commodity Futures Trading Commission, will soon take over the Blockchain Association as its incoming chief executive, a top official at the association confirmed on Wednesday. The …

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Stablecoins Will Expand Beyond Crypto Trading, Become Part of Mainstream Economy, Citi Predicts

The stablecoin market could soon eclipse the entire crypto trading ecosystem that gave birth to it as regulatory tailwinds allow for the integration of the fixed-value tokens into the mainstream economy, according to predictions from küresel bank Citi …

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Sei Wants To Cut Cosmos Compatibility and Go All-In on Ethereum

A Sei Network developer proposed to depreciate the blockchain’s Cosmos support on Wednesday in a bid to remove “unnecessary” complexity for users. The proposal, if successful, will make it so Sei users will only be able to send and receive …

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Strive Asset Management to Go Public, Launch Bitcoin Treasury Strategy With Merger

Shares of tech company Asset Entities (ASST) rose 194% on Wednesday after it announced that Strive Asset Management was merging with the NASDAQ-listed company to become a publicly traded Bitcoin (BTC) Treasury Company. The deal, structured as a …

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Ethereum Preps for Biggest Code Change Since the Merge With Pectra Upgrade

Ethereum developers are preparing for Wednesday’s much anticipated Pectra upgrade, set to bring the biggest code change to the blockchain since the Merge in 2022. Pectra – a blend of the names Prague + Electra – consists of two upgrades happening on …

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Sam Altman’s World Crypto Project Launches in US With Eye-Scanning Orbs in 6 Cities

Sam Altman’s controversial blockchain project, World, is launching in the U.S. – and said it intends to roll out 7,500 eye-scanning “orbs” in cities across the country by the end of the year. World’s orbs — chrome, bowling ball-shaped devices that …

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DOGE Mining Firm Z Squared To Go Public Through Merger

Z Squared, a firm that specializes in mining dogecoin (DOGE), the dog-themed memecoin that was propelled to mainstream recognition by Elon Musk in 2021, is merging with biopharmaceutical company Coeptis (COEP). The merger will enable the resulting …

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Ether.fi Pivots to Become Neobank, Rolls Out Cash Cards in U.S.

Restaking protocol Ether.fi said it plans to add banking services that will see it become a decentralized finance (DeFi) neobank. The ether.fi app will give users the experience of a traditional fintech app, allowing them to spend, save and earn …

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Strategy, Coinbase, Miners Among Crypto Stocks Rallying as Bitcoin Surges Above $90K

Crypto-related stocks surged on Tuesday, riding the momentum of a broader crypto rally that has reignited risk appetite across digital assets with bitcoin (BTC) crossing above $90,000. Shares of Strategy (MSTR), the largest corporate BTC holder, and …

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