Vitalik Buterin tempers vision for ETH L2s, pushes native rollups
The Ethereum co-founder said many layer‑2s have failed to decentralize and continue to be mediated by multisig bridges instead of inheriting Ethereum’s security advantages. Ethereum co-founder Vitalik Buterin has reversed his long-held view that layer-2s should be the primary way to scale Ethereum, saying the approach “no longer makes sense.” “We need a new path,”…
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Kraken parent Payward revenues jump 33% as crypto traders pile in
Kraken co-CEO Arjun Sethi said Payward’s revenues were “well balanced” in 2025, split almost evenly between trading and asset-based revenues. Crypto exchange Kraken’s parent company, Payward, reported 33% revenue growth in 2025 as transaction volumes rose and the business capitalized on its acquisitions. The company’s revenues rose to $2.2 billion last year, up from $1.6…
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Trump expected to sign bill to end partial US government shutdown
The US House of Representatives approved a bill on Tuesday that will fund most of the government through the end of September. Lawmakers in the US House of Representatives have approved a bill that will mostly reopen the government after a four-day partial shutdown. In a Tuesday House vote of 217 to 214 in favor…
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Binance to convert $1B SAFU reserves into Bitcoin within 30 days
The shift will take Binance’s insurance-style fund out of US dollar-pegged assets and into Bitcoin within 30 days, raising questions about user protection. Binance is shifting its flagship user protection vehicle, the Secure Asset Fund for Users (SAFU), from stablecoin holdings into Bitcoin over the next 30 days, re‑denominating the fund’s reserves into BTC. In…
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BitMine Immersion faces $6B paper loss as Ether sell-off deepens
BitMine’s growing ETH losses highlight the risks of crypto treasury strategies as leverage unwinds and weak liquidity accelerates market downturns. BitMine Immersion Technologies, a publicly traded cryptocurrency treasury company linked to investor Tom Lee, is carrying significant unrealized losses on its Ether holdings following the latest wave of market liquidations, underscoring the risks facing crypto…
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Bitcoin crashes below $76K Strategy cost basis in $2B liquidation event
Bitcoin saw a sudden weekend liquidity cascade that took BTC price to near $75,000 for the first time since its April 2025 low. Bitcoin fell over 7% during weekend trading as a fresh price collapse liquidated $800 million. Key points: Bitcoin drops to near its 2025 low as mass liquidations accelerate. BTC price action fails to…
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Bitcoin returns will be strong but ‘not spectacular’ over next decade: Exec
The “fast-moving retail crowd” is one of the reasons Bitcoin is ending the year lower than it started, according to Bitwise CIO Matt Hougan. Bitcoin may post steady returns over the next ten years, but exceptionally large year-on-year gains are unlikely, according to Bitwise chief investment officer Matt Hougan. “I think we’re in a 10-year…
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Bitcoin doesn’t need gold and silver ‘to slow down,’ say analysts
The Bitcoin-to-gold ratio has strengthened because Bitcoin spent the past year in a “stagnant stage,” while gold enjoyed a “tremendous year,” according to Lyn Alden. Bitcoin doesn’t need to wait for a pullback in gold and silver to continue its upward trajectory, according to analysts. “Surprisingly unpopular opinion,” Glassnode lead analyst James Check said after making the…
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Uniswap executes 100M UNI burn after governance approval
Uniswap has removed 100 million UNI from circulation after its fee-burning proposal passed with near-unanimous support. Uniswap has executed a major token burn following the approval of its long-anticipated fee burning proposal, removing 100 million UNI, worth roughly $596 million at current prices, from the protocol’s treasury. Onchain data shows the burn transaction was completed…
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Crypto hack counts fall but supply chain attacks reshape threat landscape
Concerns about code vulnerabilities are fading in the crypto space, but more sophisticated scam tactics are emerging as protocol security improves. Crypto hackers stole $3.3 billion in 2025, but the number of attacks fell sharply as losses became concentrated in fewer, more sophisticated supply-chain exploits, according to new data from blockchain security firm CertiK shared…
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