Category: crypto
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“Ethereum Is Neutral — I’m Not”
Vitalik Buterin emphasized that users do not need to share his personal views to use Ethereum, as the platform is neutral infrastructure. He argued that criticizing applications built on Ethereum does not amount to censorship, highlighting the importance of open criticism in open systems. Ethereum is neutral, even if its co-founder is not.
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ZeroLend to wind down operations after 3 years, users urged to withdraw funds
ZeroLend, a decentralized lending protocol, is closing down after three years due to sustainability challenges and operational risks. Users are advised to withdraw their funds as most markets are now at 0% loan-to-value. The team plans to upgrade smart contracts to recover assets locked in illiquid chains.
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Crypto exchange Kraken vows to support “Trump Accounts” in Wyoming
Kraken, a crypto exchange, will sponsor Trump Accounts for children born in Wyoming in 2026, providing financial contributions to eligible accounts as part of a federal program. Wyoming Senator Cynthia Lummis welcomed this move, emphasizing the benefit it will bring to the state’s future generation. Other financial institutions have also supported this initiative.
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Metaplanet stock falls as massive Bitcoin bet backfires
Metaplanet stock rose 3% after earnings but is still down 37% over the past month due to concerns about its aggressive Bitcoin accumulation strategy. The company reported strong revenue growth but a net loss due to Bitcoin valuation losses. With a significant amount of Bitcoin on its balance sheet, the stock is highly sensitive to…
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Steak ’n Shake credits Bitcoin payments for sales boost
Steak ‘n Shake, a U.S. burger chain, has seen a significant increase in sales since introducing Bitcoin payments nine months ago. All Bitcoin payments are directed into a Strategic Bitcoin Reserve, which now holds $15 million worth of Bitcoin. This strategy has led to growth in sales and the ability to fund Bitcoin bonus pay…
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Logan Paul’s $16.49M Pokémon card sale makes collectibles history
Logan Paul’s PSA-10 Pikachu Illustrator card was sold for $16,492,000 in an auction conducted by Goldin, making it the most expensive Pokémon card ever sold. The buyer was venture capitalist AJ Scaramucci. Paul also addressed prior fractional ownership and ensured funds were made available to investors.
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Bitdeer trims Bitcoin reserves below 1,000 BTC threshold
Bitdeer Technologies Group, a Nasdaq-listed Bitcoin mining company, reduced its Bitcoin holdings by 96.5 BTC last week, leaving around 943.1 BTC in reserves. Despite ongoing production activity, the company’s holdings fell below 1,000 BTC. Market watchers monitor miner selling as Bitdeer manages costs and balance sheet exposure.
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Bitcoin crash risk? Kevin O’Leary flags growing quantum fears
Bitcoin has dropped by nearly 50% from its all-time highs, with investor Kevin O’Leary pointing to institutional caution and concerns over quantum computing risks. Institutions are now focusing mainly on Bitcoin and Ethereum, with smaller tokens being sidelined. Technical indicators show weak momentum, with key support levels at $65,000–$60,000.
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Binance stablecoin reserves drop $9B, signal fading risk appetite
Binance has experienced three consecutive months of heavy stablecoin outflows, resulting in a $9 billion decrease in reserves. This suggests a sustained liquidity squeeze in the crypto markets. The outflows are the longest since the 2023 downturn, indicating a significant contraction in market liquidity.
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Kevin O’Leary points to quantum risk in Bitcoin price outlook
Kevin O’Leary believes that institutional Bitcoin exposure is limited to around 3% due to quantum security risks. Jefferies’ Christopher Wood removed a 10% Bitcoin slice from his portfolio over quantum concerns. The BIP-360 proposal aims to enhance Bitcoin’s security against quantum attacks by introducing a new P2MR output.