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More than 913,111 ETH has been permanently lost due to user and contract-related errors, according to Conor Grogan, a director at Coinbase.
At current prices, that amounts to approximately $3.43 billion in inaccessible assets, which represent over 0.76% of Ethereum’s total circulating supply.
Grogan highlighted several major incidents that have contributed to this significant number of...
Altcoins advanced sharply last week while Bitcoin (BTC) held near record levels, shifting market leadership toward higher-beta tokens, according to the latest edition of the “Bitfinex Alpha” report.
Bitcoin reached an all-time high of $123,054, a 65% climb from its April low, before entering a sideways range between $116,000 and $120,000.
As the flagship crypto entered a phase of consolidation,...
BitGo has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering, signaling its intent to enter public markets amid renewed momentum in the digital asset sector.
The company’s Form S-1 submission does not include share counts or pricing details, and the offering remains contingent on regulatory review and broader market...
Jito Labs published a proposal for a Block Assembly Marketplace (BAM) on July 21, a transaction-sequencing system that would enable developers to run central-limit order books, perpetual exchanges, and dark pools on Solana without altering the base protocol.
The design introduces a network of BAM Nodes that sit beside the existing validator set, order encrypted transactions inside Trusted...
Roman Storm’s defense team raised the prospect of a mistrial on July 21 after an FBI agent failed to confirm that the stolen assets from the prosecution’s first witness in his trial had passed through Tornado Cash.
Journalist Matthew Russell Lee reported in real-time today’s session of the trial, highlighting that before the jury could retire in the alternate jury room, Storm’s lawyer said they...
Trump Media and Technology Group, the parent company of Truth Social, revealed it has amassed roughly $2 billion worth of Bitcoin (BTC) and related digital assets, expanding on an investment strategy disclosed earlier this year.
The company’s July 21 filing comes days after the U.S. House of Representatives advanced a trio of crypto bills, including a stablecoin framework signed into law by...
The Ethena Foundation is making a bold push into the public markets by creating a new stablecoin-focused treasury firm, StablecoinX Inc.
According to a July 21 statement, the company will go public through a merger with TLGY Acquisition Corp. As part of the deal, StablecoinX plans to invest $360 million into the buyback and accumulation of ENA, the native token of Ethena.
Following the...
Polymarket acquired the holding company behind QCX LLC and QC Clearing LLC for $112 million, securing a Commodity Futures Trading Commission (CFTC)-regulated exchange and clearinghouse.
According to the July 21 announcement, the movement will enable the blockchain prediction venue to serve American customers in compliance with federal regulations.
Regulatory reset precedes deal
The purchase...
Coinbase debuted its offering of perpetual futures contracts in the US on July 21, starting with the contracts “nano Bitcoin Perpetual Futures” and “nano Ether Perpetual Futures (ETH-PERP).”
Coinbase Futures announced on X that the new listings will carry no monthly expirations, allow a margin of up to 10x, and charge taker fees as low as 0.02%.
Traders access the instruments through Coinbase...
Securities and Exchange Commission (SEC) Chairman Paul Atkins told CNBC’s “Squawk Box” on July 21 that the agency has “stated informally more than formally” that Ethereum (ETH) is not a security, but deciding whether to hold the token in treasury reserves “is up to companies to decide.”
Atkins added that Ethereum is “a very key component for a lot of other digital currencies,” and it is...