Blockchain has earned its place in sports as core infrastructure

Admin7 months ago01 mins

Blockchain has transitioned from arena sponsorships to mission-critical stadium infrastructure. Sport has enabled blockchain’s mainstream moment. Opinion by: Dima Saksonov, founder and CEO of Atleta Network The sports industry has become the distribution channel for blockchain’s mainstream moment. Leagues, teams and venues are running verifiable ticketing, identity and rights-management systems as mission-critical infrastructure that operates…

Columbia Business professor casts doubt on tokenized bank deposits

Admin7 months ago02 mins

Tokenized bank deposits lack the flexibility and technical features of stablecoins, making them an inferior product, according to Omid Malekan. Banks and financial institutions have started experimenting with tokenized bank deposits, bank balances recorded on a blockchain, but the technology is doomed to lose out to stablecoins, according to Omid Malekan, an adjunct professor at…

MEV driving institutions away from DeFi, costing users dearly: Crypto exec

Admin7 months ago02 mins

Broadcasting transactions before they are executed imposes a “hidden tax” on retail crypto users while alienating financial institutions. Maximal extractable value (MEV), the process of miners or validators reordering transactions in a block to extract profits, is preventing financial institutions from adopting decentralized finance (DeFi), which hurts retail users, according to Aditya Palepu, CEO of…

Crypto’s changing demographics demand a new approach to crypto security

Admin7 months ago02 mins

Stablecoins dominate 40% of crypto volume as emerging markets prioritize utility over ideology. Security must become invisible, not user homework. Opinion by: Louise Ivan, co-founder and CEO of Ryder Step aside, maximalists. Crypto isn’t the domain of early adopters and philosophically driven “hodlers” anymore. The demographics of crypto usage are shifting fast, with stablecoins, in…

Steak ‘n Shake Bitcoin reserve: Happy meal for hodlers or nothingburger?

Admin7 months ago01 mins

The fast-food chain is also donating 210 sats from every Bitcoin meal toward open-source Bitcoin development. American fast-food chain Steak ‘n Shake has announced the formation of a new Bitcoin treasury, built with the Bitcoin made from its restaurants’ sales. “All payments received in Bitcoin will be placed in our [strategic Bitcoin reserve],” said Steak…

Core Scientific falls short of shareholder votes for CoreWeave buyout

Admin7 months ago02 mins

CoreWeave has been trying to acquire Core Scientific for over a year in one of the most-watched M&A deals in crypto. Bitcoin miner Core Scientific failed to win approval for a merger with AI infrastructure company CoreWeave during a shareholders meeting on Thursday. The final results of the preliminary vote will be disclosed in a…

Ethereum fees hover near pennies as daily transactions top 1.6M

Admin7 months ago02 mins

Ethereum transaction fees remain at near all-time lows despite peak network activity that saw daily transactions top 1.6 million for the first time since October’s market crash. Despite growing blockchain activity on Ethereum, gas fees on the world’s largest smart contract network remain near historic lows, signaling a more mature and scalable infrastructure ready for…

21Shares files HYPE ETF, Bitwise Solana ETF sees ‘huge number’ on day 2

Admin7 months ago02 mins

21Shares has filed for a Hyperliquid ETF, while Bitwise’s Solana staking ETF has a big day of trading as investors perk their ears toward altcoins. Asset manager 21Shares is seeking to launch an exchange-traded fund (ETF) tracking the token behind the perpetual futures protocol and blockchain, Hyperliquid, amid growing Wall Street interest in alternative cryptocurrencies….

Australian regulator gives long-awaited crypto guidance, but concerns remain

Admin7 months ago02 mins

The local industry has welcomed the Australian Securities and Investments Commission’s expanded crypto guidance, but resourcing concerns remain. Australia’s corporate regulator has released updated guidance on digital assets, which blockchain executives have welcomed, while airing concerns on the speedy issuance of licenses. The Australian Securities and Investments Commission updated its Info Sheet 225 on Wednesday,…

South Korea’s bank-first stablecoin approach lacks logic, says Kaia chair

Admin7 months ago02 mins

The Bank of Korea should make clear rules for stablecoin issuers, allowing banks and non-banks to issue the tokens, says Kaia DLT Foundation chair Dr. Sangmin Seo. The Bank of Korea’s push for the banking sector to lead the rollout of won-denominated stablecoins lacks logic, says Dr. Sangmin Seo, the chair of the Kaia DLT…