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The Ethereum Interop Layer (EIL) is a proposed framework by the Ethereum Foundation to unify Layer 2 (L2) rollups, reducing fragmentation and enabling seamless cross-chain transactions without additional trust assumptions. It builds on account abstraction standards to make Ethereum feel like a single chain, enhancing user experience while maintaining decentralization. EIL addresses L2 fragmentation by […]
Ethereum is poised for a long-term breakout after years of consolidation, maintaining a rising trendline while testing key resistance levels. Institutional interest surges as BitMine increases its holdings to 3.6 million ETH, representing 2.9% of the total supply and signaling strong market confidence in ETH’s future growth. ETH’s five-year chart shows a bullish tightening pattern […]
Sharps Technology’s Solana treasury strategy in Q3 2025 raised $411 million via PIPE financing, exited syringe manufacturing, and accumulated over 2 million SOL, generating $17.7 million in staking revenue and gains, positioning the firm for growth in medical devices and digital assets. Sharps Technology raised $411 million through a PIPE deal to bolster its balance […]
BlackRock’s spot Bitcoin ETF (IBIT) has recorded $1.26 billion in net outflows this month, marking the largest monthly redemption since its January 2024 launch. This trend reflects institutional caution amid Bitcoin’s price drop to $91,445, down 3.6% in the last 24 hours, driving traders toward protective options strategies. IBIT leads with $1.26 billion outflows: The […]
Tether’s investment in Ledn supports the expansion of BTC-backed loans, enabling crypto holders to access credit without selling their assets. This strategic move by Tether, a major stablecoin issuer, bolsters Ledn’s operations in custody, risk management, and liquidation protection, fostering greater financial inclusion in the digital asset space. Tether joins crypto-backed lending sector: The investment […]
Klarna reported $903 million in Q3 revenue, surpassing analyst expectations of $882 million, with a 26% year-over-year increase driven by strong U.S. growth. Despite the revenue beat, the company posted a $95 million net loss amid expansion efforts and macroeconomic challenges. U.S. market surge: Gross merchandise volume grew 43% year-over-year, fueling global GMV to $32.7 […]
Tether’s investment in Ledn aims to expand access to Bitcoin-backed loans, allowing users to borrow against their BTC holdings without selling them. This move supports growing institutional interest in crypto lending, with Ledn reporting $392 million in such loans originated in Q3 2025. The partnership underscores Tether’s role in bridging traditional finance and digital assets. […]
Mt. Gox Bitcoin transfer involved moving nearly $1 billion in Bitcoin on Tuesday, with 10,608 BTC valued at $988 million shifted from cold wallets to new addresses, including a portion to Kraken exchange, amid ongoing creditor repayments from the 2014 hack. Transfer Details: 10,608 BTC moved, including 185 BTC to Kraken and 10,423 BTC to […]
Russia’s Central Bank is set to allow investors access to cryptocurrency derivatives directly linked to assets like Bitcoin, expanding beyond indirect tracking of foreign ETFs or indices. This regulatory shift aims to enable brokers and exchanges to offer futures and options tied to global crypto prices, potentially launching by late 2025 or early 2026. Russia’s […]