Key Takeaways: Tether is set to open-source its Bitcoin Mining Operating System (MOS) to democratize access to mining infrastructure. The software is built to support everything from small-scale DIY rigs to large industrial mining farms. The initiative could spur a wave of new entrants, and help decentralize mining and strengthen network resilience. Tether, the issuer…
BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) crossed $70 billion in assets under management (AUM) on June 6, being the fastest to reach this mark in just 341 trading days. Bloomberg ETF analyst Eric Balchunas reported the milestone on X, noting that the fund beat the previous speed record of 1,691 days set by…
A handful of key crypto policy advocacy organizations are celebrating the successful inclusion of the novel Blockchain Regulatory Certainty Act (BRCA) into the larger digital asset market structure legislation known as the CLARITY Act, a June 9 statement from the policy heavyweights states. Crypto Heavyweights Join Forces A Monday statement signed by the DeFi Education…
Crypto prediction platforms have become an unexpected scoreboard for the Trump-Musk feud that escalated last week. On Polymarket alone, bettors have staked more than half a million dollars on whether Donald Trump will face impeachment in 2025, while smaller markets are tracking odds on everything from Elon Musk unfollowing the President on X to the…
Visa and Chainlink have completed a key milestone in the Hong Kong Monetary Authority’s (HKMA) e-HKD+ Pilot Programme, successfully testing a cross-border blockchain transaction using central bank digital currency (CBDC) and stablecoins. The trial, conducted in partnership with ANZ, ChinaAMC, and Fidelity International, is one of the first real-world simulations of programmable money being used…
Key Takeaways: Ethereum community member Eugenio Reggianini published a GDPR compliance proposal on June 9 as part of the European Blockchain Association’s consultation response. The proposal recommends keeping personal data off-chain and using privacy-preserving technologies to reduce exposure across Ethereum’s modular architecture. A new role classification framework would assign GDPR controller status only to front-end…
Digital asset investment products saw US$224 million in inflows last week, extending a strong seven-week streak to US$11 billion, according to the latest data from asset manager CoinShares. Despite the positive trend, the pace of inflows has decelerated amid investor caution surrounding the U.S. Federal Reserve’s next move on interest rates and inflation. Digital asset…
Cardano (ADA) has gone down by nearly 16% in the past month as the crypto rally faltered amid rising tensions between the United States and China on the trade front. Investors’ sentiment has also been souring lately as reflected by the Fear and Greed Index, whose value has dropped from a local peak of 76…
Solana (SOL) has increased by 4.3% in the past 24 hours and currently stands at $155.40, as trading volumes exploded in the first few hours of this week’s trading session. It has been a rough month for SOL as the token has booked losses of nearly 9% during this period as the crypto market has…
US Securities and Exchange Commission (SEC) Chairman Paul Atkins told the agency’s fifth cryptocurrency roundtable on June 9 that the ability to hold crypto without an intermediary belongs at the core of US law. Atkins opened the “DeFi and the American Spirit” session by linking decentralized (DeFi) finance with the country’s traditions of private property…