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Ethereum blockspace trading platform ETHGas announced it has raised $12 million in a seed round led by Polychain Capital.The funding announcement comes after Ethereum co-founder Vitalik Buterin recently discussed the idea of an onchain “gas futures” market, arguing that such a product could give users a clearer signal of expected fees and let them hedge future costs.ETHGas argues that Ethereum needs “a reimagination of the way blockspace is allocated on the network” and claims that its newly-launched blockspace trading platform is a step in that direction. The company said the market launched with $800 million in commitments from validators, builders…
Coinbase, the leading US cryptocurrency exchange, has appointed former UK Chancellor of the Exchequer George Osborne to chair its Global Advisory Council. The announcement elevates Osborne from his role as an advisor, which he assumed in January 2024. Osborne will focus on engaging governments globally to advance pro-crypto policies, particularly in areas such as stablecoin payments, tokenised assets in capital markets, and tax clarity in the UK and the EU.Who is George Osborne? Copy link to section Osborne served as the UK’s finance minister (Chancellor of the Exchequer) from 2010 to 2016. His tenure was under former Prime Minister David Cameron,…
Cryptocurrency markets experienced another week of downside as investor activity gradually wound down ahead of the holiday period.Bitcoin (BTC) fell over 5% during the past week, dipping to a weekly low of $84,398 on Thursday, before recovering to trade above $87,769 on Friday, TradingView data shows.Crypto market volatility continues to threaten the sustainability of digital asset treasury (DAT) companies, as their longevity now depends on avoiding the multiple-to-net-asset-value (mNAV) “roller coaster,” making these firms subject to the value swings of the tokens held on their balance sheet, according to Solmate CEO Marco Santori.In the wider cryptocurrency space, the US Securities…
The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and platforms offering customer rewards to stablecoin holders.Expanding the prohibition on stablecoin issuers sharing yield directly with customers, outlined in the GENIUS stablecoin regulatory framework, to include third-party service providers stifles innovation and leads to “greater market concentration,” the letter said.The letter compared the rewards offered by crypto platforms to those offered by credit card companies, banks and other traditional payment providers. The letter opposes efforts…
Blockchain network Aptos is moving toward a post-quantum signature option, reflecting growing concern that advances in quantum computing are no longer purely theoretical and could eventually affect how blockchain networks secure accounts and transactions.On Thursday, Aptos outlined a proposal to introduce post-quantum signatures, addressing the network’s reliance on digital signatures for ownership, transaction authorization and overall security. While existing cryptographic schemes remain secure against classical computers, researchers warn that sufficiently powerful quantum machines could one day forge them, potentially compromising account security retroactively.“Quantum computing is not a distant spectre anymore,” Aptos Labs wrote in a post on X, pointing to early…
Ethereum has retraced to the $3,160 level following the highly anticipated FOMC meeting, where the Federal Reserve cut interest rates by 25 basis points. While rate cuts typically support risk assets, Jerome Powell’s comments added a new layer of uncertainty to the market. Related Reading By openly acknowledging the risks of weaker growth paired with persistent inflation, Powell introduced the possibility of stagflation—a scenario that historically challenges both equities and crypto. As a result, sentiment across the market remains fragile, and investors are struggling to interpret what this macro shift could mean for Ethereum’s next move. Despite the volatility surrounding…
Key takeawaysRMJDT is a ringgit stablecoin pitched for payments and cross-border trade.Its treasury and validator setup is designed to make onchain settlement function like reliable infrastructure.Across Asia, stablecoins are being brought under licensing and reserve and redemption rules.Tokenized assets are increasing demand for tokenized settlement in local currencies, not just USD.RMJDT is being pitched as a ringgit-pegged token tied to Johor’s Crown Prince. It was launched by his company, Bullish Aim, and issued on Zetrix, a network connected to Malaysia’s national blockchain infrastructure.The token is intended for payments and cross-border trade settlement, with the project also announcing a 500 million…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s price may be hampered by selling pressure, but the leading network continues to experience heavy utilization from developers and users. After robust interaction from the participants, the blockchain giant emerged once again as the leader in Decentralized Finance (DeFi) lending. DeFi Lending Still Pays Best On The Ethereum Network A recent report has underscored Ethereum’s growing dominance within the blockchain sector. The network is solidifying its position as the financial foundation for decentralized finance lending, and the data is starting to present a convincing picture. A…
Quantum computers still cannot break Bitcoin, but several major blockchains are preparing for a future in which they might.In the past week, Aptos proposed post-quantum signature support as Solana tested quantum-resistant transactions. Meanwhile, parts of the Bitcoin community renewed calls to accelerate work on quantum-safe upgrades.These developments point to a growing anxiety across crypto. Investors argue that dismissal of quantum risk by influential voices is weighing on Bitcoin’s (BTC) price, which has dropped 24% over the past three months.While altcoin blockchains are experimenting with post-quantum protections through opt-in upgrades and test networks, Bitcoin remains divided over how publicly and urgently…
Ethereum is trading above the $3,200 level as bulls attempt to push the price back toward higher resistance zones, but market sentiment remains fragile. Fear and uncertainty continue to dominate as several analysts warn that the broader trend may still point toward a potential bear market. Yet, beneath the volatile price action, key on-chain data is revealing a development that could shape Ethereum’s next major phase. Related Reading According to a new report from CryptoQuant, a historic signal tied to the realized price of whales holding more than 100,000 ETH has emerged once again. This metric, which tracks the average…
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