Key Notes Bitget Wallet has launched a new tool to detect EIP-7702, a core Pectra component. The new EIP-7702 offers flexibility and a user-friendly experience as it borders on EOAs. Crypto whale sells off 18,700 ETH amidst Ethereum Pectra upgrade after several years of dormancy. Barely 24 hours after the much-anticipated Ethereum Pectra upgrade went […]
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Major crypto exchange Coinbase has announced the strategic acquisition of crypto options exchange Deribit to “significantly advance” Coinbase’s derivatives business and provide spot, futures, and options under its umbrella. It’s said to be the biggest acquisition in crypto history. According to the announcement, the agreement is worth some $30 billion of current open interest. That
Coinbase Acquires Deribit for $2.9 Billion to ‘Add Diversity to Trading Revenues’ Read More »
Key Takeaways: SOL Strategies has signed an MOU with Superstate to explore tokenizing its public shares on the Solana blockchain through the Opening Bell platform. BlackRock’s expansion of its $1.7 billion BUIDL fund to Solana adds institutional credibility to the blockchain’s use for regulated financial products. Robinhood is reportedly preparing to launch tokenized stock trading
Bitcoin Magazine MARA Reports $214M in Q1 Revenue, Grows Bitcoin Holdings to 47,531 BTC MARA Holdings, Inc. (NASDAQ: MARA) has reported first quarter 2025 earnings, announcing $213.9 million in revenue—a 30% increase from Q1 2024—as the company continues its transformation into a digital energy and infrastructure powerhouse. “Revenues increased 30% to $213.9 million in Q1
MARA Reports $214M in Q1 Revenue, Grows Bitcoin Holdings to 47,531 BTC Read More »
The USD1 stablecoin, issued by Trump-affiliated financial entity World Liberty Financial Inc. (WLFI), has experienced a meteoric rise in market capitalization, surging from just $128 million on April 27 to over $2.1 billion by early May. This represents a 1,540% increase in less than a week, positioning USD1 as the seventh-largest stablecoin in the global
USD1 Stablecoin Blasts 1,540% to $2.1B – Will Trump-Tied Token Keep Its Peg? Read More »
Bitcoin Magazine CleanSpark Reports $181.7M in Q2 Revenue, Stays on Course to Hit 50 EH/s Bitcoin Mining Target CleanSpark, American Bitcoin mining company, announced its financial results for the second quarter of fiscal year 2025, reporting $181.7 million in revenue for the three months ended March 31. This marks a 62.5% increase from $111.8 million
U.S. Treasury Secretary Scott Bessent praised current crypto legislation while bolstering his belief in the blockchain sector during a May 7 House Financial Services Committee Hearing. Bessent Shares His Take On Crypto Policy During the hearing titled “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System,” Bessent
Scott Bessent Ignites Capitol Showdown with Historic Crypto Bill Endorsement Read More »
Bitcoin Magazine OCC Gives Banks the Green Light to Offer Bitcoin and Crypto Custody and Trading Services The Office of the Comptroller of the Currency (OCC) has issued new guidance confirming that national banks and federal savings associations can engage in crypto-asset custody and trading services. This clarification comes in Interpretive Letter 1184, which outlines
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SKALE Labs, the team behind Layer-1 blockchain network SKALE, has launched its BITE Protocol, the “industry’s first” consensus-level solution that works to eliminate Maximal/Miner Extractable Value (MEV). The SKALE team says that BITE stands for ‘Blockchain Integrated Threshold Encryption’. It prevents anybody from accessing transaction contents before a block is finalized. The protocol encrypts transactions
SKALE Labs Reveals New Protocol to Combat $1.8 Billion MEV Problem Read More »
Bitcoin Magazine Coinbase To Acquire Bitcoin And Crypto Options Platform Deribit For $2.9B Bitcoin and crypto exchange Coinbase has agreed to acquire derivatives trading platform Deribit for $2.9 billion, marking the largest acquisition in the industry’s history. Coinbase will acquire Panama-based Deribit, which currently handles a massive volume of global Bitcoin and crypto options trading
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