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 … Read more
The US Securities and Exchange Commission’s Trading and Markets Division on Wednesday laid out how broker-dealers can custody tokenized stocks and bonds under existing customer protection rules, signaling that blockchain-based crypto asset securities will be slotted into traditional securities safeguards rather than treated as a new category. The division said it would not object to … Read more
Major US cryptocurrency exchange Coinbase is expanding payment options in Poland by integrating with one of the country’s most widely used mobile payment systems. Coinbase has partnered with European payment processor PPro to enable payments via Blik, a popular Polish mobile payment network with nearly 20 million users. The announcement was made by Coinbase executive … Read more
Bitcoin’s Lightning Network, the layer-2 payments system designed to make Bitcoin faster and cheaper to use, has reached a new all-time high in capacity, signaling renewed institutional interest even as grassroots adoption lags. Data from AMBOSS shows Lightning capacity climbed to 5,637 BTC yesterday, surpassing its previous peak in March 2023. The surge, concentrated in … Read more
The bitcoin price (BTC) briefly surged above $90,000 early Wednesday in U.S. trading, only to tumble back below $87,000 within minutes, reflecting a fragile and volatile crypto market. The largest cryptocurrency rallied from roughly $87,000 to above $90,000 around 10:00 a.m EST before rapidly retracing to the $86,500–$87,500 range. At the time of writing, Bitcoin … Read more
Spot Bitcoin exchange-traded funds (ETFs) recorded $457 million in net inflows on Wednesday, marking their strongest single-day intake in more than a month as institutional demand showed signs of re-acceleration. Fidelity’s Wise Origin Bitcoin Fund (FBTC) led the inflows, recording the largest daily intake at roughly $391 million, accounting for the majority of the day’s … Read more
BitGo, a digital asset infrastructure company, announced it now offers Bitcoin Lightning Network access directly from its qualified custody platform. The move makes it one of the first companies to provide Lightning payments for institutional custody. The service aims to give clients faster and cheaper Bitcoin transactions while keeping institutional security standards intact. It builds … Read more
Coinbase CEO Brian Armstrong says we already know the traditional financial system is broken. Younger people increasingly feel “locked out of the old wealth ladder,” and seek alternative assets like crypto. The numbers in Coinbase’s latest “State of Crypto” report back him up. The study, run by Ipsos in the fourth quarter, finds Gen Z … Read more
Transaction throughput on the Ethereum network is set to be boosted again next month, with developers aiming to increase Ethereum’s gas limit from 60 million to 80 million in January. Christine Kim, vice president of the research team at Galaxy Digital, shared a summary of the All Core Developers meeting on Monday, in which Nethermind … Read more
The Ethereum blockchain needs to better explain its features to users in order to achieve true trustlessness, a challenge common across blockchain protocols, says its co-founder Vitalik Buterin. Trustlessness would see a protocol work without the oversight of developers, as it enforces rules automatically with code. However, if a protocol is so complex that only … Read more