Celsius Network burns entirety of its CEL holdings, eliminating 94% of total supply

Celsius Network burned its CEL holdings, representing the majority of the token supply, on April 30. Etherscan indicates the company burned 652.2 million CEL by sending it to a null address. The... Read more »

US Lawmaker Slams SEC’s Investigation of Ethereum — Says Chair Gensler Intentionally Misled Congress

U.S. House Financial Services Committee Chairman Patrick McHenry has slammed both the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the SEC’s investigation into ethereum, suggesting that ether might... Read more »

Bitcoin, Ethereum spot ETFs start trading in Hong Kong with high expectations

Share this article Hong Kong-listed spot Bitcoin and Ethereum exchange-traded funds (ETFs) are set to debut in a few minutes. In anticipation of the launch, Zhu Haokang, Digital Asset Management Director and... Read more »

Hong Kong’s Bitcoin and Ethereum ETFs launch with lower than expected trading volumes

Hong Kong’s debut of Bitcoin and Ethereum exchange-traded funds (ETFs) commenced with modest trading volumes, tallying up to 87.58 million HKD, equivalent to $11.19 million, based on Hong Kong Stock Exchange data.... Read more »

In a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding Bitcoin Block 841,286

While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One... Read more »

EigenLayer unveils EIGEN token with an airdrop set for May 10

Share this article Restaking protocol EigenLayer revealed its EIGEN token today, which will be airdropped to users who staked Ether (ETH) in its layer until March 15. Users who staked Ether (ETH)... Read more »

Osmosis founder envisions Cosmos as Bitcoin’s application layer in DeFi future

In a recent episode of the SlateCast, Akiba and Nate welcomed Sunny Aggarwal, the founder of Osmosis, for an insightful discussion about the Cosmos ecosystem, the rise of hyperbitcoinization, and the future... Read more »

Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government

The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors using such... Read more »

Bitcoin and Ether drop as US stagflation fears resurface

Share this article The US economy experienced a more significant cooling than anticipated in the first quarter of 2024, with the gross domestic product (GDP) measuring an annualized rate of 1.6%, according... Read more »

Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall

On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC... Read more »
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