ENS abandons plans for Namechain L2, citing Ethereum scaling
Citing a 99% drop in gas fees and upcoming Ethereum scaling, the project will now deploy its ENSv2 upgrade directly on Ethereum.
Bitcoin Sharpe ratio slides to levels seen in previous market bottoms
Bitcoin’s Sharpe ratio has fallen to -10, nearing bear market lows seen in 2018 and 2022, suggesting the risk/reward profile is approaching extreme levels.
Bessent suggests Warsh nomination hearings alongside Powell probe
The Fed chair confirmation faces a key hurdle as a senator vows to block the process until a DOJ investigation into Jerome Powell is resolved. US Treasury Secretary Scott Bessent…
Crypto and banks spar in comments on Fed’s ‘skinny master account’ idea
Crypto companies have backed a Federal Reserve proposal to give them limited access to the central bank, while banking associations have urged caution. The Federal Reserve has…
Address poisoning recently cost 2 victims over $62M alone: Scam Sniffer
Analysts have warned that Ethereum’s Fusaka upgrade has made address poisoning cheaper, as malicious actors can carry out dust attacks for very little cost. Just one victim lost…
Only 10K Bitcoin at quantum risk and worth attacking, CoinShares claims
Most quantum-vulnerable Bitcoin sits in wallets holding under 100 Bitcoin, with CoinShares claiming it could take a millennium to compromise each one. Digital asset manager…
Bithumb claws back 99.7% of overpaid Bitcoin, covers remaining shortfall
Bithumb says it has reclaimed most of the excess BTC credited during a promotional error and used company funds to cover 1,788 Bitcoin that had already been sold.
‘Massive consolidation’ expected across crypto industry: Bullish CEO
The crypto industry is about to get a wakeup call, as many companies will realize “they don’t have businesses, they have products,” says Bullish CEO Tom Farley.
Crypto retail investors are trying to ‘meta-analyze’ crypto crash: Santiment
Santiment said the increased use of “capitulation” among crypto users on social media could suggest the market bottom has already happened. Retail investors are scrutinizing…
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today…