Bitcoin 15 hours ago · 2 min read
What Lido staking dominance may mean for Ethereum’s future
The Ethereum community has raised fears of lido staking dominance leading to centralization. What does that mean for ETH 2.0?
Crypto hedge funds are bullish on Bitcoin and knee-deep in DeFi
PwC's research shows the number of crypto-focused hedge funds has risen to 300 despite the volatility in the market.
Goldman Sachs looks to buy Celsius’ assets for $2B as it is advised to file for bankruptcy
Goldman Sachs is seeking investors to raise $2B to buy Celsius assets if it files for bankruptcy following recent liquidity issues
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Lido community debates limiting staked Ethereum as centralization concerns grow
The Lido team submitted a governance proposal discussing the pros and cons of limiting its share of Ethereum staking.
Singapore’s changed stance on crypto
Last year, Singapore was gearing up to be a global crypto hub. Now the regulators are hardening their approach.
A-list celebs remove NFT avatars amid crypto winter
Many celebrities who displayed their NFTs as avatars are removing them from their social media due to the depressing sentiment of the market.
Crypto downturn sees electricity consumption on Ethereum plunge by 50%
Miners on the Bitcoin and Ethereum networks are feeling the pinch as falling token prices put pressure on the least efficient miners.
Crypto miners dump GPUs as token prices fall
The downturn in token price has triggered an exodus of GPU miners, resulting in a flood of availability in graphics cards.
BAYC founders call Nazi conspiracy video ‘crazy disinformation campaign’
Founders of the BAYC said that the video released by investigative YouTuber Phillip Rusnack was a ridiculous conspiracy theory used to sell knockoff NFTs.
BlockFi in talks with FTX CEO Sam Bankman-Fried to acquire a share of the company
Sam Bankman-Fried of FTX and Alameda Research is in talks to acquire a stake in crypto lending firm BlockFi just days after he acquired 11% of Voyager Digital
Is move-to-earn dead? STEPN’s GST token tumbles 98% in 2 months
STEPN's governance token $GMT is down 81% from its all-time high while the reward token is down 98% in just 2 months. Is move-to-earn dead?
Axie Infinity to start reimbursing Ronin bridge hack victims from June 28
Since the ronin bridge exploit that Axie Infinity suffered, the loot has lost a substantial part of its value due to the crypto market crash.