Lido’s governance community is reviewing a new proposal to give staked Ethereum (stETH) holders more influence in protocol decisions. The May 8 proposal, dubbed Lido Improvement Proposal 28 (LIP-28), introduces a Dual Governance framework. Presently, only LDO token holders can vote on changes to the Lido protocol. This gives them complete control over decisions that…
After months of price malaise, Bitcoin (BTC) is roaring back, having climbed past $103,000 today and signaling a shift in market sentiment. According to CryptoQuant, the catalyst is a massive surge in spot demand, which has propelled Bitcoin’s Bull Score Index from a bearish 20 to a blazing 80, indicating one of the most bullish…
Key Takeaways: U.S. agencies now prioritize tracking crypto terrorism financing globally. Blockchain forensics can expose disguised crypto terrorism funding. Crypto terror financiers now face prison terms equal to violent offenders. A federal judge sentenced Mohammed Azharuddin Chhipa to 30 years and four months in prison for channeling more than $185,000 in cryptocurrency to the Islamic…
Metaplanet issued its 14th Series of Ordinary Bonds, raising $21.25 million to fund additional Bitcoin (BTC) purchases as the company deepens its strategic pivot toward digital assets. The bonds were approved at a board meeting on May 9 and fully subscribed by EVO FUND, according to the regulatory filing. The notes will be structured as…
Bitcoin miner MARA Holdings (MARA) stock outperformed peers on Friday, even after its first quarter results missed Wall Street’s estimates, as the company’s focus on lowering costs is seen as positive by analysts. Jefferies analysts said that with the bitcoin BTC price improving in the second quarter of this year and MARA focusing on more…
U.S. President Donald Trump has come a long way since he said the value of crypto was “based on thin air” in 2019. So much so that he is now one of the sector’s largest proponents, foraying into memecoins, DeFi, NFTs, and even stablecoins. A new report by the State Democracy Defenders Fund estimates that…
It was a pretty positive week for crypto as prices rose, big deals were signed, and stablecoins continued to penetrate deep into the financial system. Even ETH, a perennial downer of late, rose sharply, reaching nearly $2300 at press time. The CoinDesk 20, a barometer for the whole market, has risen 15%-plus since Monday. Bitcoin…
Prosecutors in the Samourai Wallet case have denied accusations that they suppressed critical evidence in their criminal case against the crypto mixing service’s two co-founders, Keonne Rodriguez and William Lonergan Hill. In a letter to the court filed Friday, prosecutors urged Judge Richard Berman of the Southern District of New York (SDNY) to deny Rodriguez…
May 10 could be pivotal for PI as the momentum spurred by rumors of a Binance listing begins to show its cracks, weighing on bullish PI Network price forecasts. The upwards move has been snubbed at the $0.80 resistance—a barrier that has capped gains since mid-April. With a total of $18 million PI tokens scheduled…
Wall Street analysts passed mixed judgement on Coinbase (COIN) after its first-quarter earnings miss and a $2.9 billion acquisition, with some downgrading near-term forecasts and others pointing to long-term strategic wins. “Q1 results came in a bit below expectations, and forward-looking guidance for [subscription and service] revenues and April [transaction] volumes were impacted by softer…