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Ethereum (ETH) news: The blockchain’s identity crisis is deepening after high-profile ‘brain drain’ frustrates community

Days after the sudden departure of several high-profile Ethereum Foundation researchers and contributors, EF’s silence only deepens uncertainty in the Ethereum community. According to some community members, what started earlier this week as a shock over the exits of more core figures has now morphed into something more existential: public soul-searching over whether Ethereum’s most…

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BTC News: Mark Cuban says he sold most of his bitcoin after losing faith in hedge narrative

Billionaire investor Mark Cuban says he has sold most of his Bitcoin Bitcoin$77,640.65 People are losing confidence in the role of cryptocurrencies as a hedge against the risks of weak fiat currencies and geopolitical instability. Cuban, who has a net worth of approximately $10 billion, said Bitcoin’s price action during the recent conflict with Iran…

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Satoshi’s 1.1M bitcoin and millions more can be saved from quantum attack, says expert

AmericanFortress researchers have unveiled a patent-pending post-quantum signature scheme that could protect the global crypto ecosystem from future quantum attacks without requiring large-scale fund migration. According to the company, the breakthrough means that Satoshi Nakamoto’s massive 1.1 million Bitcoins can be saved, as well as nearly 5 million Bitcoins in dormant accounts, with a total…

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Stablecoins still dominate despite yield advantage of tokenized funds: JPMorgan

Wall Street bank JPMorgan said in a report on Wednesday that despite their ability to generate income, tokenized money market funds still account for only about 5% of the stablecoin space. The bank said that cryptocurrency market participants continue to favor stablecoins as they have become the ecosystem’s default cash instrument for trading, collateral management,…

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It’s not all HYPE: Privacy and quantum-resistant coins surge as bitcoin marks time: Crypto Daily

This is an excerpt from CoinDesk’s newsletter “Daybook.” If you haven’t registered yet, please register here. Bitcoin Bitcoin$77,185.40Ethereum (ETH), Ripple (XRP), Solana (SOL) and other top 10 currencies have had a difficult time recently, with all falling by at least 2% in the past 7 days. Still, there will always be a bull market somewhere,…

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Prediction markets firms take heat in Senate Commerce hearing scrutinizing surge

Prediction market platforms run by Kalshi and Crypto.com came under intense questioning for two hours at a U.S. Senate Commerce Committee hearing, including scrutiny of the platforms’ advertising practices, regulatory disputes and the cheating they may encourage. “We want athletes to compete on merit, but the opportunity to make money may attract gamblers – and…

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Latest Congressional swing at crypto tax reform would direct IRS to review de minimis exemptions

A bipartisan group of lawmakers on Wednesday introduced a revised cryptocurrency tax bill that would update the tax code to better address cryptocurrency use cases and, if signed into law, direct the Internal Revenue Service to analyze the possible impact of de minimis exemptions. Congressmen Steven Horsford (D-N.V.), Max Miller (R-Ohio), Susan DelBene (D-Wash.), and…

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