Ethereum (ETH) news: Upheaval at the foundation has some of crypto’s biggest names feeling bullish

Yakovenko’s comments stood out because they came from one of Ethereum’s most prominent competitors. While debates between Ethereum and Solana supporters have often been contentious, Yakovenko’s reaction reflected a view shared by many currently at the top of the industry: that leaner organizations can sometimes make better decisions than larger, more bureaucratic ones. The emergence…

Bitcoin Chases New Lows As ETF Outflows, Strategy’s Slump Spook Traders

Key takeaways: Cooling oil prices and a multi-month high for the US dollar are keeping intense pressure on non yield-bearing assets. Spot Bitcoin ETF outflows paired with Strategy’s slowest buying pace in 18 months signal short-term downside risks. Bitcoin (BTC) traded down to $59,060 on Wednesday despite the sharp retreat in oil prices. Inflationary pressures…

Kalshi Sues Illinois Officials over Prediction Markets Restrictions

Prediction markets company Kalshi has filed a lawsuit against state officials in Illinois over legislation it says “expressly bans sports event contracts” on its platform. In a Tuesday filing in the US District Court for the Northern District of Illinois, Kalshi alleged that Illinois Governor JB Pritzker, Attorney General Kwame Raoul, and other officials on…

BTC Falls Under $60,000 As Traders Predict A Relief Bounce

Bitcoin (BTC) hit new two-week lows at Wednesday’s Wall Street open as traders predicted a rally to a “poor” lower high. Key points: Bitcoin price action edges closer to range lows, which traders still see holding. A relief bounce should enter soon, they say, with targets closer to $70,000. US-Iran peace progress has little bullish…

Explore how the Condorcet paradox exposes the limits of perfect fairness in blockchain consensus.

Consensus guarantees today, focus on two properties: Consistency and Liveness. Consistency requires that all nodes eventually agree on the same set and sequence of transactions, while liveness ensures the system continues to process new transactions. What they do not address is whether the agreed-upon transaction order totally reflects fairness. In public blockchains, transaction ordering has…

Cardano wallet SecondFi hit by $2.4 million exploit, up to $20 million in user funds at risk

SecondFi, the Cardano wallet formerly known as Yoroi, says it has patched a major exploit that drained roughly 16 million ADA, worth approximately $2.4 million, from 374 user wallets across three separate attacks. The root cause was a flaw in SecondFi’s proprietary wallet generation software. The vulnerability sits at the address level, meaning simply moving…

Binance Looks Beyond Greece for EU MiCA Authorization

Crypto exchange Binance reportedly plans to seek a different route to authorization in the European Union after its licensing application in Greece encountered a setback. Speaking to Reuters, Gillian Lynch, Binance’s head of Europe and the United Kingdom, said the exchange is “not leaving Europe” and would pursue authorization in another EU jurisdiction if its…

Strategy’s Dividend Coverage Falls from 7 Years to 14 Months: CryptoQuant

After Strategy’s dividend coverage fell to 14 months from seven years, CryptoQuant said the company led by Michael Saylor should pause Bitcoin purchases and focus on replenishing its cash reserve that’s down 38% year-to-date. Strategy’s dividend obligations have nearly quadrupled to $1.2 billion, as the company issued substantial new STRC preferred stock, which carries an…

Standard Chartered Extends Tokenization Thesis to Aave Lending

Banking giant Standard Chartered has identified Aave as a potential beneficiary of tokenized assets as they move into decentralized finance (DeFi), saying the protocol could rebuild its position as a dominant onchain lending platform. In a Wednesday research note, Geoff Kendrick, the bank’s global head of digital assets research, said active tokenized assets in DeFi…

Ether Rocked By $170M Liquidation: Are New Lows On The Cards?

Key takeaways: Negative ETH futures funding rates and six weeks of spot ETF outflows highlight a fragile investment climate. Ethereum’s 53% market share in DeFi keeps it well-placed for a recovery, even as negative news continues to batter the network. Ether (ETH) price faced a 5% correction on Tuesday, erasing gains from the previous 12…