
An explosion in transaction activity on Ethereum layer 2 Lighter since launching last month has pushed Ethereum’s transaction per second count to a record of 24,192.

An explosion in transaction activity on Ethereum layer 2 Lighter since launching last month has pushed Ethereum’s transaction per second count to a record of 24,192.
Circle CEO Jeremy Allaire says there is “tremendous opportunity” for a yuan-backed stablecoin, despite Beijing’s formal moves against most private renminbi-linked stablecoins and commitment to its own digital yuan. Speaking to Reuters in Hong Kong on Thursday, Allaire framed stablecoins as a way for China to “export” its currency by making global payments easier, as…
The European Parliament threw its weight behind the European Central Bank’s (ECB) digital euro project in a vote that framed money and payments as a strategic asset in an era of rising geopolitical tensions. Lawmakers adopted the annual ECB report by 443 votes in favor, 71 against and 117 abstentions, backing amendments that describe the…
Bitwise Asset Management is reportedly acquiring institutional staking provider Chorus One, extending its push into cryptocurrency yield services. The acquisition adds a major staking operation to the crypto asset manager’s platform as demand for onchain yield products increases among both retail and institutional investors. Chorus One provides staking services for decentralized networks and currently has…
Key takeaways Twenty One Capital’s NYSE debut saw a nearly 20% drop, signaling cautious investor sentiment toward Bitcoin-heavy public listings. XXI traded close to its net asset value, suggesting the market did not assign a meaningful premium beyond the value of the firm’s Bitcoin holdings. The decline reflected broader market pressures, including Bitcoin volatility, fading…
Around 42% of Bitcoin’s current circulating supply, or 8.3 million Bitcoin (BTC), could be “illiquid” by 2032 at the current rate of Bitcoin treasury firm buying, according to asset management firm Fidelity. In a report published on Monday, Fidelity identified two groups whose supply could be considered illiquid, with the criteria being that their Bitcoin…
Exchange-traded fund issuers Bitwise and GraniteShares have filed with the US Securities and Exchange Commission to launch funds tied to event contracts on the outcome of US elections. Bitwise filed a prospectus on Tuesday for a new lineup of ETFs branded PredictionShares, comprising six prediction-market-style ETFs listed on NYSE Arca. The first two funds will…