Sharplink Pockets $33M From Ether Staking, Deploys Another $170M

Public companies and crypto-focused treasury firms are increasingly turning to staking as a source of passive income. Sharplink Gaming, the world’s second-largest corporate Ether (ETH) holder, generated 10,657 Ether ($33 million) in passive yield on its staking operations during the past seven months, according to the company’s dashboard. Staking allows investors to earn passive income…

Babylon Code Vulnerability Risks Block Production Slowdown

A newly disclosed software flaw in the Bitcoin staking protocol Babylon may allow malicious validators to disrupt parts of the network’s consensus process, potentially slowing block production during key periods, according to developers. The vulnerability affects Babylon’s block signature scheme, known as the BLS vote extension, which is used to prove that validators have agreed…

FCA Opens UK Crypto Licensing Gateway Under New Regime

Financial authorities in the United Kingdom set a timeline for a new crypto licensing regime, requiring aspiring companies to seek full authorization before the framework comes into force. Crypto asset service providers (CASPs) will be able to apply to enter the UK under the crypto licensing regime starting this fall, the Financial Conduct Authority (FCA)…

Bitcoin holds near $90,000 as trading volumes shrink, altcoins diverge: Crypto Markets Today

Bitcoin remained near $90,000 as trading volumes fell. Thin liquidity fueled choppy price action across major cryptocurrencies, while altcoins were mixed. Source link

Zcash Developers Launch CashZ Wallet After Leaving ECC

Developers of privacy-focused Zcash have announced they’re already working on a new wallet for the cryptocurrency, less than a day after their high-profile exit from Electric Coin Company. “The team from the Electric Coin Company that launched Zcash, and created the Zashi wallet, is now launching a new wallet for Zcash, using the same Zashi…

Optimism Proposes Using 50% Of Superchain Revenue To Buy Back OP Tokens

The Optimism Foundation has floated a major shakeup to the dynamics of the layer 2’s OP token, proposing to allocate 50% of its Superchain revenue to regular buybacks of the asset.  Optimism Grants council member Michael Vander Meiden shared the proposal via X on Thursday, highlighting that “after many years of being a ‘useless gov…

Optimism Proposes Using 50% Of Superchain Revenue To Buy Back OP Tokens

The Optimism Foundation has floated a major shakeup to the dynamics of the layer 2’s OP token, proposing to allocate 50% of its Superchain revenue to regular buybacks of the asset.  Optimism Grants council member Michael Vander Meiden shared the proposal via X on Thursday, highlighting that “after many years of being a ‘useless gov…

Bitcoin Mining’s Environmental Benefits Backed By Science

More than 56% of the Bitcoin network is now powered through sustainable means and is set to rise further as Bitcoin mining brings more green energy projects online, according to tech investor and ESG expert Daniel Batten. “Bitcoin mining could be the century’s most important sustainable innovation,” said Batten in a lengthy X post on…

New York Reintroduces Bill Restricting Prediction Markets

New York Assemblyman Clyde Vanel has reintroduced legislation to the US state’s lower house that aims to restrict what event contracts prediction markets such as Kalshi and Polymarket can offer. Vanel resubmitted the Oversight and Regulation of Activity for Contracts Linked to Events, or ORACLE Act, to the New York State Assembly on Wednesday, which…

BlackRock Buys $900M BTC as Long-Term Selling Hits 2017 Lows

BlackRock’s fresh round of Bitcoin (BTC) buying takes place alongside a sharp slowdown in long-term selling, a combination that points to cooling downside pressure after the recent market pullback in  Q4.  Key takeaways: BlackRock added nearly $900 million worth of Bitcoin in the first week of January, rebuilding exposure after an end-of-2025 drawdown. Long-term Bitcoin…