Babylon Labs a Nexus Mutual spojily síly, aby chránily stakovaný bitcoin ($BTC) před slashingem. Cílí na vlastní pojistnou ochranu pro stakery i instituce.
From a speculative asset to a foundational element, Bitcoin ($BTC) continuously grows in terms of decentralized finance. This continuous evolution urges Babylon Labs and Nexus Mutual to join their efforts to safeguard billions of dollars in staked Bitcoin ($BTC). They aim to protect staked Bitcoin with a product that pioneers slashing protection. Bitcoin ($BTC) has now become a crucial part of financial systems worldwide. So, this alliance strives to provide crypto holders peace of mind, resilience, and trust while participating in staking.
Babylon Labs and Nexus to Reinforce Bitcoin ($BTC) Staking Security Babylon Bitcoin staking protocol holds billions of dollars to protect comparatively imperative assets. Nexus Mutual is renowned as a leader in crypto-based insurance alternatives. The platform now aims to create a bespoke slashing protection protocol. Babylon’s users can directly approach this product, so Babylon Labs plays a significant role in this process. The lab stays ahead in the development of the product, providing technical insights while facilitating connections with potential users.
Nexus Mutual was established in 2019, underwriting more than $5.5 billion in the coverage of digital assets. The platform offered $BTC-denominated insurance products at first. Its collaboration with Babylon Labs aims to strengthen the missions of both firms. Babylon Labs continues to unveil Bitcoin ($BTC) utility by providing secure staking solutions. On the other hand, Nexus Mutual leads in crypto-risk innovations.
The Partnership Provides Custom Coverage for a Decentralized Future Through this partnership, Nexus Mutual and Babylon aim to explore expanded Bitcoin Secured Networks (BSNs). This advancement enables customizable protection, improving liquidity and user confidence. Nexus Mutual’s coverage products strive to meet the demands, ranging from individuals staking their Bitcoins to institutions participating at scale.
The Head of Business Development at Babylon Labs, Clayton Menzel, states, “We’re excited about Nexus Mutual’s upcoming slashing protection product and what it could mean for Bitcoin stakers.” He further says, “This collaboration supports our mission of unlocking Bitcoin to secure the decentralized economy.”
The Founder of Nexus Mutual, Hugh Karp, emphasized the statement, stating, “Bitcoin is now a crucial part of the global financial system, and we’re excited to work with Babylon Labs to offer new ways to protect and leverage this digital asset.”
The alliance between Nexus Mutual and Babylon Labs is a significant step towards creating a more scalable and secure environment for Bitcoin staking. This environment will merge the reliability of insurance with decentralized capabilities.
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Binance podpoří plánovaný upgrade sítě Moonbeam (GLMR) a dočasně pozastaví vklady a výběry. Obchodování GLMR i souvisejících tokenů poběží dál bez přerušení.
Binance, one of the world's leading cryptocurrency exchanges, announced that it will support the planned technical upgrade of the Moonbeam (GLMR) network.
13.10.2025 - 05:59
Update: 13.10.2025 - 05:59
Binance, one of the world's leading cryptocurrency exchanges, announced that it will support the planned technical upgrade of the Moonbeam (GLMR) network.
Binance to Support Moonbeam (GLMR) Network Upgrade According to the official statement, in preparation for the upgrade, deposits and withdrawals of all tokens on the Moonbeam network will be temporarily suspended as of 3:00 PM on October 13, 2025.
The network upgrade is expected to occur at block height 12,993,016, approximately 4:00 PM. Binance will be handling all necessary technical work within its own team to ensure the security of user funds and ensure a seamless transition during this time.
Binance specifically emphasized that the maintenance period will only affect deposits and withdrawals, and that trading of GLMR and other related tokens will continue uninterrupted. Users will be able to continue trading in spot and futures markets.
Once the upgrade is complete and the network is confirmed to be stable, deposits and withdrawals of tokens on the Moonbeam network will automatically reopen. Binance also stated that no further announcements will be made after this period.
This network upgrade aims to improve Moonbeam's performance, transaction security, and cross-chain compatibility.
*This is not investment advice.
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Bitcoin Gold, a minor fork of Bitcoin, fell victim to a 51% attack last week, according to an independent report on GitHub.
Bitcoin Gold’s Low Hashrate to Blame As explained by Vertcoin maintainer James Lovejoy, the cryptocurrency suffered two deep reorganizations on Thursday, Jan. 23 and Friday, Jan. 24.
By buying out the blockchain network’s hashrate, attackers were able to steal approximately 7,000 BTG ($72,000) through double spending.
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Bitcoin Gold appears to be an easy target due to its low hashrate. Lovejoy suggests that the attack would have cost about $1,700 based on current Nicehash prices. Similarly, Crypto51 suggests it would cost about $700 to attack the blockchain.
The attacker succeeded in moving the stolen cryptocurrency to Binance, and may have succeeded in cashing out the stolen funds. However, Binance has also increased its withdrawal times for Bitcoin Gold to prevent future thefts.
This is not the first time that Bitcoin Gold has suffered a 51% attack: it was previously hacked for $18 million in May 2018, which led several exchanges to delist the coin.
Bitcoin Gold isn’t the only blockchain that has fallen victim to an attack. Lovejoy detected a similar attack on Vertcoin in December. He also discovered attacks on Expanse and Litecoin Cash over the course of 2019.
Other blockchains that have been targeted by 51% attacks in recent years include Ethereum Classic, Verge, and Feathercoin.
Disclosure: This article was edited by Mike Dalton. For more information on how we create and review content, see our Editorial Policy.
Ledn později letos umožní použít Tether Gold (XAUt) jako zajištění pro půjčky, podobně jako Bitcoin. Půjčky budou vypláceny a spláceny v USDT nebo USAt.
(June 18 17:05 UTC) This article has been updated to reflect that Tether Gold-backed loans will be available on Ledn later this year.
Bitcoin lending platform Ledn is expanding its services to include Tether Gold (XAUt), giving investors the ability to hold the tokenized asset and eventually use it as collateral for loans, just as they can with Bitcoin.
Ledn announced Thursday that later this year, clients will be able to use XAUt as collateral for loans instead of selling their holdings for cash. Under the company's existing lending model, client collateral is held one-to-one and is not rehypothecated, lent out or used to generate yield.
Loans are issued and repaid in Tether’s USDT or USAt stablecoins and can be repaid at any time without scheduled monthly payments. Tether launched USAt in the United States in January as a stablecoin designed to comply with the GENIUS Act.
The launch will expand the range of digital assets that can be used as loan collateral, giving investors another way to access liquidity without triggering a taxable sale. While Bitcoin-backed lending has become a common feature of the crypto market, the addition of tokenized gold reflects growing efforts to bring real-world assets into digital asset financial services as gold prices hover near record highs.
The new products are rolling out across most jurisdictions where Ledn operates but are not currently available in Canada or the European Union.
The market capitalization of Tether Gold peaked at around $2.89 billion. Source: CoinMarketCap
Tokenized commodities gain traction in RWA marketThe announcement comes as commodities play an increasingly prominent role in the tokenization market. According to a recent Token Terminal report, tokenized financial assets have surpassed $43 billion, with commodities accounting for nearly 17% of the market.
Unlike commodity derivatives and futures, tokenized assets such as gold are backed by the underlying asset, giving holders direct ownership while enabling faster transfers and trading on blockchain networks.
Commodities account for a bigger share of the tokenization market.
Source: Token Terminal
Tether Gold benefited from this year’s rally in bullion prices, with the token’s market capitalization expanding as gold climbed to record highs above $5,600 per troy ounce. The precious metal has since pulled back to around $4,300 an ounce but remains up on the year.
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Bitbank a Epos Card spustily v Japonsku první kreditní kartu navázanou na kryptoměny 27. dubna 2026. Držitelé získají měsíčně 0,5% odměnu v BTC, ETH nebo ASTR.
TLDR: Bitbank and Epos Card launched Japan’s first crypto-linked credit card on April 27, 2026. Cardholders earn a 0.5% crypto cashback monthly, choosing between Bitcoin, Ethereum, or Astar. Users can pay monthly card fees directly from their bitbank exchange account using Bitcoin. Visa’s Japan president confirmed support, calling it a key step in connecting crypto to daily payments. Japan’s Bitbank has officially entered the credit card market with a compelling cashback offer. In partnership with Epos Card Co., Ltd., the company launched the EPOS CRYPTO Card for bitbank on April 27, 2026.
The card gives users a 0.5% crypto cashback on all monthly card spending. This move positions Bitbank as a serious player in Japan’s broader consumer financial services space.
A Cashback Model Built Around Crypto Asset Returns The 0.5% crypto cashback feature sits at the center of this card’s value proposition. Unlike traditional cashback programs that return yen or points, this card rewards users in digital assets.
Cardholders can receive their returns in Bitcoin (BTC), Ethereum (ETH), or Astar (ASTR). The chosen crypto asset is then credited directly to the user’s Bitbank exchange account.
What makes this arrangement particularly practical is the monthly selection flexibility. Users are not locked into one crypto asset for the entire year.
Instead, they choose their preferred return asset each month based on personal preference. This gives cardholders direct control over how they build their digital asset holdings over time.
New members also receive an additional welcome benefit worth 2,000 yen upon signing up. This is awarded on top of the recurring 0.5% crypto cashback program.
Together, both incentives make the card attractive for users already active on the bitbank exchange. Applicants must hold a verified bitbank account to qualify for the card.
Epos Card, the fintech arm of the Marui Group, brings its financial inclusion mission to this partnership. The company has long aimed to provide accessible financial services across all income levels.
Pairing that mission with Bitbank’s crypto infrastructure creates a card that serves both new and experienced crypto holders. The result is a rewards structure designed to lower the barrier to digital asset ownership.
How Bitbank Is Reshaping Japan’s Crypto Payment Landscape Beyond cashback, the card also allows users to pay monthly fees directly from their bitbank exchange account. This makes it Japan’s first credit card to support crypto asset withdrawals for card payment.
Bitcoin is the only asset currently accepted for this withdrawal function. The BTC is sold at the prevailing market rate at the time the payment is processed.
Users should factor in that crypto price movements can affect the final yen-converted amount. There is also a possibility that insufficient BTC holdings could prevent a payment from going through.
Furthermore, selling crypto assets in Japan may carry tax obligations requiring a formal return. Cardholders are advised to stay informed on the regulatory side of crypto transactions.
Visa Worldwide Japan K.K. President Setan Kitney publicly welcomed the card’s launch with a clear statement of support. “We are pleased to announce that we have taken a new and important step in connecting crypto assets with the everyday payment experience,” Kitney said.
He further added, “We hope that new options such as payments and rewards using crypto assets will become more accessible to more people.” His comments reflect growing institutional confidence in crypto-integrated consumer products across Japan.
Kitney also reaffirmed Visa’s broader commitment to the space. “Visa will continue to work with issuers and other ecosystems to foster innovation and expand access to financial services,” he noted.
This backing from a global payments giant adds credibility to the card’s long-term prospects. It also signals that major financial networks are aligning with the direction both Bitbank and Epos Card are heading.
Looking ahead, both companies plan to widen the card’s supported digital assets and payment options. A commemorative campaign is currently running on Bitbank’s official website for new applicants.
PayPal navrhuje pobídky pro bitcoinové těžaře využívající nízkouhlíkovou energii, včetně nižších poplatků a dodatečné odměny v BTC pro „zelené těžaře“. Cílem je podpořit udržitelnější těžbu po čtvrtém bitcoinovém halvingu.
Post the fourth Bitcoin halving event last week, the mining rewards have reduced considerably by 50% putting a dent in miner revenues. However, payments giant PayPal has proposed a new incentive scheme for Bitcoin miners who are using low-carbon energy sources.
The goal is to make sustainable Bitcoin mining more economically attractive through this new rewards mechanism. In collaboration with Energy Web and DMG Blockchain Solutions, PayPal’s Blockchain Research Group proposed these “cryptoeconomic incentives” encouraging Bitcoin miners to use low-carbon energy sources.
PayPal believes that these experimental incentives would contribute to further discussion and innovation around Bitcoin. The proposal suggests granting “green keys” to the “green miners”, all linked to their public keys. All the Bitcoin transactions would later prioritize these miners providing lower fees and an extra locked BTC reward sent to a multisig payout address that will only be accessible to green miners.
“Green miners will be incentivized to mine these transactions since they will be the only ones eligible for the additional “locked” BTC reward,” it explained. As a result, profit-driven miners who operate with low-carbon sources will receive incentives in the form of extra BTC rewards.
Leveraging Energy Web’s “Green Proofs for Bitcoin” Platform As per PayPal’s proposed paper, the solution will leverage Energy Web’s “Green Proofs for Bitcoin” platform certifying miners based on their grid impact and clean energy source. The green miners can register to this platform by sharing their green keys, and thus participate in the incentives program.
Interestingly, PayPal BRG has successfully tested this proposed solution in partnership with Bitcoin miner, DMG Blockchain Solutions Inc. Throughout the test, it sent out numerous low-fee transactions to assess their performance across various levels of on-chain transaction activity. It noted that depending on the volume, these transactions could either face prolonged confirmation times or ultimately be discarded by the network. This scenario would heighten the likelihood of green miners processing these transactions.
Another approach here would be to involve private channels such as smart contracts or Lightning Network. However, the trade-off in this case is a more complex implementation. PayPal BRG concluded by stating:
“The solution outlined here aims to achieve a good degree of decentralization, ease of implementation and trust independence while distributing incentives.”
PayPal has been recently undertaking key initiatives in the crypto space such as releasing its PYUSD stablecoin as well as updating its NFT policy.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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SSV Network představil SSV 2.0, nový model pro „Based“ aplikace na Ethereum s cílem posílit bezpečnost a decentralizaci. Síť už zajišťuje 1,9 milionu staked ETH.
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SSV Network recently revealed SSV 2.0, a new bootstrapping model to bring “Based” Applications (bApps) to Ethereum. The new infrastructure framework aims to enhance the network’s security and enable “truly decentralized” bApps without compromising Ethereum’s core values.
SSV Network To Bring ‘Based Applications’ To Ethereum SSV Network announced SSV 2.0, an infrastructure framework created to “address the increasing ecosystem fragmentation” and growing demand for Layer 1 (L1)-anchored interoperable solutions.
SSV Network is a fully decentralized distributed staking infrastructure securing 1.9 million staked ETH. The staking network allows the distributed operation of Ethereum validators using Secret Shared Validators (SSV).
According to the announcement, the new bootstrapping model will allow applications “to go ‘based’” by directly leveraging Ethereum’s validator network. The “based” approach is set to “reunite fragmented liquidity while enhancing security” through Ethereum’s validator infrastructure.
Moreover, SSV Network highlighted the growth of the based ecosystem, which creates a need for “a based solution to bootstrapping.” It also noted that SSV 2.0 aims to allow developers to build on Ethereum L1 in a “way that is aligned with the original values and future vision of the ETH ecosystem.”
This includes solving several core issues like fragmentation, high bootstrapping costs, and inadequate security for many Layer 2 (L2). Founder and CEO of SSV Labs, Alon Muroch, stated that the project could change the restaking market, create a new “based economy,” and transform the network’s economics:
SSV2.0 is the biggest, most ambitious project for the SSV Network DAO that has ever been envisioned. If put in place by the DAO, it will profoundly change the restaking market and will create a new ‘Based Economy’ where validators directly secure the bApps of tomorrow. All while positively transforming the SSV economics.
A ‘New Class’ Of Decentralized Apps According to the announcement, SSV 2.0 bases any services or applications directly on the Ethereum L1, creating a “new class of decentralized applications” that allows validators to do more. Additionally, it aims to ensure that bApps can use Ethereum L1’s security, decentralization, and Sybil resistance.
A bApp gains security directly from the L1 instead of utilizing different tokens like in current restaking models, making them more Ethereum-aligned and not exposing Ethereum or its validators to cascading risks. Additionally, gaining more security for the cost of bootstrapping SSV 2.0 extends beyond traditional bootstrapping approaches by introducing the first ‘Infinite-sum’ security model, where increased participation strengthens the entire network rather than creating zero-sum competition.
The new model utilizes the validator as the basis of security to provide a “shared security foundation” to bootstrap any use case, including L2s, oracles, fraud-proofs, and other things that require validation and security.
Meanwhile, validators will be able to unlock benefits by helping bApps bootstrap. SSV Network states that in SSV 2.0, validators can increase their gains by opting into secure bApps or providing different services, like L2 sequencing or validator commitments, to those that need it.
The team announced the development of the SVV Chain as the first bApp to “support the coordination of the new based economy.” The dedicated chain will act as a secure coordinator layer to enable the extension of the SSV network to multiple L1s, including Solana, Avalanche, and Cosmos.
Additionally, SSV Network unveiled its tokenomic changes as part of its transformation from a Distributed Validator Technology (DVT)-powered staking infrastructure into a multidimensional network for the based economy. “First, SSV 2.0 will enable anyone to participate in securing bApps and get rewarded by staking SSV. Second, the SSV token will introduce new burning and fee mechanisms,” the announcement read.
Ethereum (ETH)'s performance in the one-week chart. Source: ETHUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com
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V USA už alespoň tři státy zvažují vlastní strategickou Bitcoin rezervu, zatímco čekají na federální plán Donalda Trumpa. Mezi nimi jsou Pennsylvania, Texas a Ohio.
Several states in the U.S. are already considering the idea of a strategic Bitcoin reserve as proponents await a push from Donald Trump on the federal level.
On the campaign trail for the November 2024 elections, now President-elect Donald Trump made several big promises to the crypto industry. Still, none has been as talked about following the election as his intention to launch a strategic U.S. Bitcoin reserve.
However, while pundits continue to debate the feasibility of such a move at the Federal level and its possible market impacts, some states may be looking to get in on the action.
U.S. States Consider the Orange Pill Following Donald Trump’s election victory, at least three U.S. states are considering building their own Bitcoin stockpile employing unique frameworks, as recently highlighted in a CNBC Crypto World report on Tuesday, December 24. Speaking with CNBC, Centrifuge General Counsel Eli Cohen asserted that the development was significantly positive for the crypto markets.
Pennsylvania On November 12, barely a week after Trump’s announcement as the next U.S. president, Pennsylvania State Representative Mike Cabell proposed a bill to allow the state treasurer to invest state funds in Bitcoin.
House Bill 2664, or the Strategic Bitcoin Reserve Act, seeks to allow the treasurer to invest up to 10% of the State General Fund, the Rainy Day Fund, and the State Investment Fund in Bitcoin.
Cabell argues that implementing the bill would help protect state assets against inflation. He asserted that the state’s purchasing power had reduced by a staggering 20% in the past four years alone while Bitcoin continues to gain strength against the dollar.
So far, Pennsylvania’s Strategic Bitcoin Reserve Act has received only one co-sponsor, Representative Aaron Kaufer.
Texas On December 12, Texas State Representative Giovanni Capriglione proposed House Bill 1598, or the Texas Strategic Bitcoin Reserve Act, to allow the state to establish a Bitcoin reserve within its treasury.
Unlike Pennsylvania’s proposed bill allowing the treasurer to purchase Bitcoin with established state funds, the proposed Texas bill will establish the reserve by enabling residents to pay charges and taxes with Bitcoin. The stockpile will also be open to voluntary donations.
The Texas bill also details the establishment of cold storage and a holding period, noting that the state must not sell the reserve for at least five years.
Like Pennsylvania’s Cabell, Capriglione also argues that Bitcoin could act as an inflationary hedge preserving value for Texans.
On Tuesday, Centrifuge’s Eli Cohen told CNBC that Texas’ bill may face significant infrastructure hurdles and problems getting the crypto community to submit their wallet for taxes.
Ohio Ohio is the most recent to join the Bitcoin rush. On December 17, state Representative Derek Merrin submitted a proposal to allow the state to establish a Bitcoin stockpile.
House Bill 703, or Ohio’s Bitcoin Reserve Act, seeks to give the state treasurer the flexibility to invest in Bitcoin if they desire and build a reserve from seized assets.
Merrin hopes the bill will pave the way for quick legislation in 2025.
The recent state bills, like the proposed national effort, are all in their early stages, and it remains unclear if they can garner the needed support to become law. But till then, the ensuing speculation continues to drive excitement about Bitcoin and crypto.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Hyperliquid ETF zaznamenal rekordní denní čistý příliv 25,5 milionu USD a za prvních sedm obchodních dnů přilákal celkem 54 milionů USD. Institucionální toky do HYPE ETF podle Presto Research zatím v poměru k tržní kapitalizaci překonávají tempo Bitcoin ETF.
May 21. On May 20, the U.S. Spot Hyperliquid ETF notched $25.5 million in net inflows—its largest single-day haul since launch. In the days leading up to that date, the ETF had posted net inflows of $4.4 million on Monday and $11 million on Tuesday. Data shows the 21Shares Hyperliquid ETF (THYP), which launched on May 12, brought in $16.7 million in net inflows that same day—up from the $5.3 million it saw the prior day. The Bitwise Hyperliquid ETF (BHYP), launched on May 14, took in $8.8 million, a jump from the $5.7 million it recorded the day before. Over its first seven trading days, the entire category has pulled in a total net inflow of $54 million. Peter Chung, research director at Presto Research, noted that when adjusted for market capitalization, institutional flows into the HYPE ETF have outpaced the speed of inflows into Bitcoin ETFs so far this year. Dominick John, an analyst at Zeus Research, added that these inflows signal investors are capitalizing on entry points tied to the infrastructure narrative, while recognizing the asset’s transparent, usage-driven revenue model. Fueling this momentum, HYPE’s token price surged 17.3% in the past 24 hours to $55.91, with a current market cap of roughly $13.4 billion. The token previously hit an all-time high of around $59.3 in September 2025. Per CoinGecko data, HYPE’s fully diluted valuation briefly reached about $54.7 billion, momentarily surpassing Solana’s $54.2 billion valuation at the time. Tim Sun, a senior researcher at HashKey Group, believes the sustained inflows into the HYPE ETF show the market is forming a new consensus: decentralized trading platforms are starting to be integrated into broader overhauls of financial infrastructure. Jeff Ko, chief analyst at CoinEx, pointed out that HYPE and its related ETFs have structural investment logic distinct from Bitcoin and Ethereum. He explained: Bitcoin acts as a non-yielding store of value; Ethereum centers on staking rewards; HYPE, meanwhile, operates more like equity in a cash-flow-generating trading platform—since the protocol uses most of its fees for open-market token buybacks, giving investors a more familiar valuation framework to work with. On-chain metrics confirm Hyperliquid has become a dominant player in on-chain perpetual contract and derivative trading. So far this week, the network has captured approximately 42% of total blockchain fees, outperforming Tron (22.6%), Solana (10.6%), and Ethereum (8%) in that key metric.
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Bithumb zařadí KRW páry pro BOB a OriginTrail (TRAC) a od spuštění do 5. prosince 17:00 zruší obchodní poplatky. Počáteční ceny jsou 16,90 KRW u BOB a 738 KRW u TRAC.
South Korea-based cryptocurrency exchange Bithumb announced that it will list KRW trading pairs for two new crypto assets, BOB and OriginTrail (TRAC).
Bithumb Announces Listing of KRW Trading Pairs for BOB and OriginTrail (TRAC) The exchange aims to increase user interest by announcing that trading fees for both assets will be free for a certain period of time.
According to the exchange's statement, the KRW parity for BOB (Build on Bitcoin) will open at 15:00 on Wednesday, December 3, 2025, and the KRW parity for TRAC will open at 17:00 on the same day.
Deposits and withdrawals for both assets will be available within three hours of the announcement. The starting price for BOB is 16.90 KRW, while for TRAC, it is 738 KRW.
Bithumb will zero transaction fees for both assets from the trading opening on December 3, 2025, until 5:00 PM on December 5. However, it was stated that transactions made during the free trading period will not earn trading points or maker rewards, and unrewarded or suspicious transaction volumes will not be included in the Black Premium benefit calculations.
BOB stands out as a hybrid Layer-2 solution that combines the security of Bitcoin with the scalability of Ethereum. Its OP Stack-based EVM compatibility allows developers to leverage Bitcoin security while using Ethereum tools. The BOB token is used for staking, governance, and network incentives.
OriginTrail, a project that aims to create reliable data connections between blockchain and AI using distributed knowledge graph (DKG) technology. The TRAC token is the underlying asset used for intra-network transactions, fees, and staking.
*This is not investment advice.
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Nym Technologies vstoupila do Liquid Federation a stala se jedním z 15 funkčních uzlů Liquid Network. Cílem je posílit soukromí a bezpečnost bitcoinové vrstvy 2, včetně integrace Liquid do Nym mixnetu.
Web3 privacy-focused infrastructure provider Nym Technologies has joined Liquid Federation to support the growing Bitcoin layer-2 ecosystem, according to an April 18 statement shared with CryptoSlate.
The Liquid Federation is a group of crypto-native organizations, including exchanges, trading desks, and developers, that perform vital tasks for the premier Bitcoin sidechain, Liquid Network.
‘Enhancing privacy'As part of its engagement, Nym Technologies assumes a crucial role as one of the 15 dispersed functionary node operators for Liquid Network.
These specialized nodes, housed in tamper-proof Hardware Security Modules (HSMs), are crucial in managing the Liquid Network's core infrastructure and transactions. This includes proposing and signing blocks, overseeing the two-way Bitcoin peg, and safeguarding the network's BTC reserves through a distributed multi-signature wallet.
Meanwhile, the collaboration between Nym, the Liquid Federation, and Blockstream, the Liquid's technical provider, signifies the first step towards a broader vision.
As per the official statement, the partnership aims to integrate Liquid functionality into the Nym mixnet, bolstering transaction confidentiality during transit and elevating privacy standards for Bitcoin layer-2 users.
Nym's mixnet is a foundational privacy infrastructure at layer-0, adaptable to any blockchain and adept at concealing traffic, fortifying privacy, and enhancing security for users and validators alike.
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Dr. Adam Back, CEO and co-founder of Blockstream, said:
“Liquid's Confidential Transactions, which rely on homomorphic encryption, are designed to keep transaction details confidential while protecting the network's integrity and security. Nym's decision to become a Liquid functionary underscores our shared commitment to enhancing privacy within the Bitcoin layer-2 ecosystem”
Harry Halpin, CEO of Nym Technologies, expressed excitement about Nym's closer collaboration with Liquid and Blockstream following years of diligent development.
Notably, the partnership coincides with the impending fourth Bitcoin halving event, which would reduce block rewards to 3.25 BTC.
Strategy představila nové perpetuální preferenční akcie Stride (STRD) s fixním dividendovým výnosem 10 % a chce tak získat kapitál na nákup dalších bitcoinů. Ohlasy jsou smíšené, část komunity mluví o „Ponzi vibes“.
On June 3, 2025, Strategy (formerly known as MicroStrategy) introduced a new perpetual called Stride (STRD). The stock will allow investors to get a 10% yield from Bitcoin without buying it directly, while Strategy will get cash to buy more Bitcoin. The new stock received a mixed reception from the crypto community.
What is Stride? Following the release of Strife and Strike, Strategy introduced a new preferred stock offering, Series A Preferred Stock Stride (STRD). Stride is a 10% noncallable non-cumulative perpetual. Its fixed dividend of 10% is above Strike’s 8% dividend, but has a lower seniority if compared to Strife, which has a 10% dividend too.
Stride is a significant addition to Strategy’s so-called three-piston Bitcoin engine, conceived of common stock MSTR and two other preferred stocks, Strike (STRK) and Strife (STRF). This engine was supposed to ensure maximizing Strategy’s profits by playing with Bitcoin’s scarcity and volatility. Seemingly, Strategy found a way to improve this engine by supplementing it with a fourth element.
Stride is fee-free and has a higher yield than most ETFs. This makes it attractive for long-term investors. Stride may be repurchased if the fundamental change takes place or for taxes-related purposes. STRD dividends are discretionary and are paid when the Strategy board makes a declaration.
What are the concerns? The new stock offering was perceived as proof of Strategy’s troubled state by some on the Crypto Twitter. Critics believe that the company is running out of cash and trying to find a way to make quick money.
More than that, CEO and co-founder of CoinBureau, Nic Puckrin, took to X to ask questions regarding the Stride offering. He is interested in the origin of the funds needed to pay dividends, assumes that the new perpetual may dilute common stock if the latter is used to fund STRD, and asks if there is a risk that Strategy will have to sell Bitcoin if the equity is not sold. On top of that, while not saying “Ponzi Scheme,” Puckrin questioned whether it is a good idea to pay current investors with funds taken from future investors. A Bitcoin enthusiast, Shanaka Anslem Perera, responding to these questions via an X post, claimed the offering has clear Ponzi vibes.
The $4.22 billion net loss admitted by Strategy in the first quarter of 2025 only fuels skepticism. If Strategy dumps MSTR stock to fund dividends for STRD investors, it creates tension within the Bitcoin engine and potentially hurts MSTR stock investors.
Why do some say Stride is a genius move? At a current Bitcoin price of over $100,000, Strategy’s $8+ billion debt is not considered a problem. According to Goldman Sachs, investors will stop investing in Strategy only if, by 2027, the BTC price declines by half. That’s why there are many optimistic comments from people who don’t see Stride stock offering as a sign of the inability of Strategy to gain cash for purchasing more Bitcoin or pay off its debt.
Adam Livingston, MSTR investor and author of The Bitcoin Age and The Great Harvest, posted a series of tweets explaining the genius behind the new stock. However, it’s notable how he emphasizes how good the move is for Michael Saylor, co-founder and chairman of Strategy. Livingston puts it that way:
“Saylor gets cheap capital, no dilution, optional payments, and can nuke it whenever he wants.”
Livingston claims that yield serves as a disguise for Bitcoin accumulation. He points out that Strategy will not be obliged to pay dividends if things are getting out of hand and argues that STRD doesn’t dilute the float.
According to him, the new stock is not for bitcoiners, but rather for people who feel reluctant to own Bitcoin but want to yield on BTC. Institutional allocators and pension funds may find STRD interesting, too.
Livingston outlines that STRD offering is a 10% yield for the more TradFi people, while the Bitcoin veterans will rather see it as cheap capital to reduce the market supply. Earlier, Livingstone claimed that Strategy is rewriting Bitcoin’s scarcity, creating a synthetic halving. Although these financial equilibristics raise questions about Bitcoin’s decentralization and the original anti-Wallet Street ethos, it seems that from Michael Saylor’s standpoint, Strategy just cemented its status even better.
The world’s largest corporate Bitcoin (BTC) holder is announcing a new stock offering worth hundreds of millions of dollars as a means of accumulating more of the crypto king.
In a new press release, Strategy, formerly known as MicroStrategy, is announcing the stock offering of 11.764 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD Stock) for $85.00 per share.
[adinserter block="1"]
Strategy estimates that it will acquire about $980 million from the offering, which may give investors quarterly dividends, and intends to use the money for miscellaneous corporate expenses and to acquire more of the top crypto asset by market cap.
Preferred stock offerings, which offer investors higher and more consistent returns as well as stability, are a way for companies to raise funds without weakening their voting rights.
Strategy – which was co-founded by former chief executive and longtime BTC maxi Michael Saylor – currently holds 580,955 Bitcoin worth just over $60.5 billion at time of writing, coming in at an average cost basis of $40,680 per token, according to data from BTC tracking website BitcoinTreasuries.
The data also shows that Strategy currently holds about 2.7% of Bitcoin’s total supply.
Last month, Saylor announced that Strategy doubled the amount of capital it wants to accumulate to purchase more of the flagship digital asset from $42 billion to $84 billion.
Bitcoin is trading for $104,540 at time of writing, a 2.1% rise during the last 24 hours.
Strategy po téměř tříměsíční sérii zastavila nákupy bitcoinu a oznámila sales agreement pro ATM nabídku svých Series A Perpetual Stride Preferred Stock (STRD) až za 4,2 miliardy USD, kterou chce obnovit akumulaci BTC. Firma drží 597 325 BTC.
Strategy announced on Monday that it entered a $4.2 billion at-the-market (ATM) offering for its Series A Perpetual Stride Preferred Stock (STRD) after breaking its three-month Bitcoin (BTC) accumulation streak last week. This comes at a time when spot BTC demand has dropped despite increasing treasury allocations and continued BTC exchange-traded funds (ETF) inflows.
Strategy paused its nearly three-month Bitcoin buying streak, which began on April 14, as the firm did not announce any new acquisition last week, according to a Monday filing with the SEC. During this period, Strategy purchased over 69,000 BTC for nearly $7 billion, boosting its holdings to 597,325 BTC, valued at over $65 billion. This accounts for more than 2.8% of Bitcoin's total supply of 21 million BTC.
The firm also revealed it entered a sales agreement to issue up to $4.2 billion of its STRD stock, which it intends to use to resume its Bitcoin purchases.
Strategy's newly disclosed acquisition plan comes as Bitcoin ETFs continued their inflow run last week, netting $790 million, according to a report from CoinShares on Monday. However, the figure declined from the prior three weeks' average of $1.5 billion, potentially signaling a slowdown in demand as BTC edged closer to its all-time high price, the report states.
Despite steady Bitcoin ETF inflows and strong buying from treasury companies, spot demand for Bitcoin has slowed in recent weeks. The decline can be traced to a slowdown in market sentiment, keeping BTC caught between bullish speculation and short-term uncertainty, according to Shawn Young, Chief Analyst at crypto exchange MEXC.
"This market dynamics is weighing heavily on market sentiment," Young said in a note, highlighting macroeconomic instability as a major cause for the volatility. He predicts that the upcoming Crypto Week could serve as a catalyst for renewed demand in Bitcoin and potentially trigger a push toward new highs. "Market participants would seek a favorable market vantage position in anticipation of the new policy direction for digital assets," he added.
QCP analysts highlighted that strategic weekend accumulation by firms such as Metaplanet has helped sustain Bitcoin's price despite fears triggered by the sudden activity of eight previously dormant wallets that transferred roughly $8.5 billion worth of BTC on Saturday. However, they anticipate a bullish Q3 based on dynamics from the BTC options market.
"Volumes remain pinned near historical lows, but a decisive breach of the $110k resistance could spark a renewed volatility bid. Some larger players appear to be positioning for just that," wrote QCP analysts. "They are continuing to add exposure to September $130k calls, while steadfastly holding September $115/$140k call spreads, underscoring a structurally bullish Q3 outlook."
Bitcoin is changing hands just above $108,000, down nearly 1% over the past 24 hours at the time of publication.
Coinbase, Kraken, Bittrex, Circle a další spustily Crypto Rating Council, který bude hodnotit kryptoprojekty podle toho, zda mohou být podle amerického práva považovány za cenné papíry. Bitcoin dostal nejnižší skóre 1, zatímco XRP 4.
Some of the most popular companies in the cryptoeconomy have banded together to create an organization that will assess and rate top cryptocurrency projects on the likelihood of these projects being securities per U.S. federal securities laws.
That organization, the Crypto Rating Council (CRC), counts exchange operators like Bittrex, Coinbase, Kraken, and Poloniex-backers Circle among its first members, as well as the firms of Anchorage, DRW Cumberland, Genesis, and Grayscale Investments.
So why the need for such a body?
The so-called Howey Test, which is a test devised by the U.S. Supreme Court to determine if a given asset is a security, commonly leads to “judgment calls, inconsistent results, and … disagreement among legal experts,” the CRC said on the Frequently Asked Questions section of its new website.
Accordingly, the organization’s rating system — which runs from 1 to 5, with 5 indicating an asset bears the hallmarks of a security and 1 meaning the opposite — is being hailed by members as a “compliance tool” that will help bring consistency to their respective asset review processes.
Founded by prominent companies across the crypto industry, our mission is to lead crypto financial services firms committed to practical compliance with the U.S. securities laws. We are the Crypto Rating Council, and we launched today: https://t.co/FbdwfSZN9D
— Crypto Rating Council (@CRC_Crypto) September 30, 2019
“The CRC will publish a simple rating for most assets it reviews to indicate the results of its analysis as a reference for operators, developers, and the public,” the organization said.
With that said, the ratings are utterly non-binding and have been made without involvement from the U.S. Securities and Exchange Commission (SEC). So, while clarity is the professed goal, the only thing the CRC has ultimately made more clear is what its members think about the legal status of top cryptocurrencies in America.
“The score does not reflect a legal conclusion and is no indication of qualitative value of an asset or suitability for investment or any other purpose,” the CRC said of its ratings.
How the First Scores Look Don’t expect any surprises when it comes to bitcoin (BTC). The oldest cryptocurrency, which has long been held up by various stakeholders as a standard for decentralized projects, received a 1 rating from the CRC.
Other projects the body deemed to have “few or no characteristics consistent with treatment as a security” included DeFi’s darling Dai stablecoin, the popular Monero (XMR) privacy cryptocurrency, and Litecoin (LTC).
The 2 rating was given to the next rung of projects that the CRC deemed to seem mostly decentralized according to its framework. These projects included Ethereum (ETH), Zcash (ZEC), Numeraire (NMR), ChainLink (LINK), and the fledgling proof-of-stake project Algorand (ALGO).
Getting on up there according to the group were projects like Augur (3.75), EOS (3.75), Stellar (3.75), Tezos (3.75), and XRP (4). The highest inaugural scores were given to Polymath (4.5) and Maker (4.5).
Notably, the SEC announced just hours after these ratings were released that Block.one, the team behind the EOS launch, had settled charges and would pay a $24 million civil penalty for its year-long ICO being an unregistered security offering.
The Commission said the securities status only applied to the “IOU” ERC20 token that was issued during the sale rather than the current EOS cryptocurrency, which lives on EOS now rather than Ethereum.
Are Exchanges Listing Securities? One question that immediately started buzzing through the ecosystem on the heels of the announcement of the CRC was why would exchanges like Coinbase take chances on assets like XRP that appear to bear considerable resemblances to a security in the U.S.?
One possibility is that the group’s members consider “security status is binary,” according to Jake Chervinsky, the General Counsel of DeFi lending project Compound Finance. In other words, anything less than a 5 rating would be fair game accordingly.
My best guess: they'd say security status is binary and as a matter of law it doesn't make a difference how close a token comes to being a security if it's ultimately not one.
On that logic, though, query the value of publishing the five-point score in the first place.
— Jake Chervinsky (@jchervinsky) September 30, 2019
But even if the already rated cryptocurrencies later end up being cleared as “not securities” per the SEC, the CRC rating system can lead to future conflicts of interest, e.g. member exchanges being charitable in their ratings because they stand to gain from trade volume.
In my opinion, this rating system creates a massive conflict of interest. All of the companies that joined this consortium are massively incentivized to rate the vast majority of tokens as non-securities. Coinbase listed some very questionable tokens including XRP, Tezos, EOS
— Larry Cermak (@lawmaster) September 30, 2019
But there’s a silver lining here, according to Blockchain chief executive officer and president Marco Santori. In a Twitter thread on the CRC announcement, Santori said the effort was suspect in some ways but was also a positive attempt at self-regulation in an industry that needs more regulatory clarity in general.
8/ So why on earth would they publish this? Why on earth should we applaud their effort?
Well, actually we should.
As an industry, this stuff is basically the best we've got.
THAT'S RIGHT ITS A TWIST
wait hear me out.
— Marco Santori (@msantoriESQ) September 30, 2019
William M. Peaster
William M. Peaster is a professional writer and editor who specializes in the Ethereum, Dai, and Bitcoin beats in the cryptoeconomy. He's appeared in Blockonomi, Binance Academy, Bitsonline, and more. He enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. He's learning Solidity, too! Contact him on Telegram at @wmpeaster
Upbit, one of South Korea’s leading cryptocurrency exchanges, has officially announced that it will remove the NKN token from its platform as of June 15th. According to the information released by the exchange, trading support for NKN will end at 09:00 on June 15th. Following this decision, users are advised to close their open positions and withdraw their assets by that date.
Upbit stated that the delisting decision was made after a comprehensive review process. The company explained that the evaluations identified various shortcomings in the project and that the current situation posed potential risks to users. Exchange officials emphasized that protecting investors was the primary goal.
The statement noted that the decision was made after a detailed examination of the project’s business model, sustainability, ecosystem development, and level of technical progress. In addition, on-chain token ownership trends, trading volume in local and international markets, liquidity levels, and listing status on other major cryptocurrency exchanges were also considered as evaluation criteria.
NKN stood out as a blockchain-based project aiming to develop a decentralized network infrastructure. However, recent developments related to the project falling short of expectations and a decline in market activity have negatively impacted investor confidence.
Market analysts note that a delisting decision by a major exchange like Upbit could create short-term selling pressure on NKN. They point out that similar decisions have led to sharp price fluctuations in related tokens in the past.
Experts emphasize that investors should carefully monitor exchange announcements during delisting processes and that it is important for them to complete necessary transactions in advance to avoid delays, especially regarding withdrawal times.
*This is not investment advice.
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Circle plánuje spustit cirBTC, vlastní wrapped Bitcoin založený na poměru 1:1 k BTC, zaměřený na institucionální klienty na Ethereu. Tím vstupuje do trhu ovládaného BitGo a Coinbase.
Stablecoin issuer Circle said it plans to launch its own version of a wrapped Bitcoin, which would put it against incumbents Coinbase and BitGo as it targets institutional users.
The asset, called cirBTC and announced on Thursday, is set to launch on Ethereum, backed 1:1 by bitcoin (BTC) and aimed at over-the-counter desks, market makers and lending protocols.
Circle said the asset is designed to provide institutions with a “highly secure and neutral version of wrapped BTC.”
Financial institutions, which have become significant buyers of Bitcoin, have been actively exploring decentralized finance. Wrapped versions of Bitcoin would allow the asset to be used on other chains, such as Ethereum, giving them access to DeFi.
In addition to Ethereum, the new asset will also launch on Circle’s layer-1 blockchain Arc and its Circle Mint platform, said Circle.
Cointelegraph contacted Circle for further details, but did not receive an immediate response.
Circle joins race led by Coinbase and BitGoCircle’s new wrapped Bitcoin joins a market currently led by BitGo’s Wrapped Bitcoin (WBTC) and Coinbase Wrapped Bitcoin (cbBTC).
Coinbase’s cbBTC was launched in September 2024 and has a current market capitalization of $5.9 billion and a current supply of 88,800 tokens.
BitGo’s wBTC is the dominant wrapped Bitcoin token, with a market capitalization of about $8 billion and 119,157 tokens in circulation. However, that figure is roughly half its November 2021 peak, when Bitcoin hit its cycle all-time high.
WBTC supply has declined over the past few years. Source: Dune
Crypto exchanges launched their own wrapped BitcoinSeveral crypto exchanges have launched variations of wrapped Bitcoin, including Kraken Wrapped BTC (KBTC), Gate Wrapped BTC (GTBTC), Binance Wrapped BTC (BBTC), Huobi BTC (HBTC) and OKX Wrapped BTC (XBTC), but their market caps are a fraction of the two leaders.
The total combined supply of wBTC and cbBTC stands at roughly 208,000 BTC, according to CoinGecko.
Magazine: Your guide to surviving this mini-crypto winter
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BOB token Build on Bitcoin byl spuštěn po TGE a komunitní prodej přinesl 4,2 milionu USD. Token je už zalistován na Gate, KuCoin a Kraken, na Coinbase má jít do obchodování.
Build on Bitcoin’s native token, BOB, went live on November 20, 2025, following its highly anticipated Token Generation Event (TGE) at 12:00 UTC. This event followed a community sale that raised $4.2 million and distributed tokens to early participants.
Before the TGE, the hybrid Layer 2 blockchain network has recorded over $300 million in total value locked, 1 million wallets, and 545,000 unique users since its mainnet launch 18 months prior. Backed by investors such as Coinbase Ventures, Castle Island VC, and Ledger, the project has raised $23.7 million across seed, strategic, and public rounds.
Build on Bitcoin at a GlanceBuild on Bitcoin is a hybrid zero-knowledge rollup built on the OP Stack, offering Ethereum Virtual Machine (EVM) compatibility for smart contracts. It uses zero-knowledge proofs to achieve security comparable to Ethereum while integrating Bitcoin finality via staked BTC. A key component is the native BTC bridge powered by BitVM, which enables trustless, non-custodial BTC transfers without wrappers. This bridge is currently on testnet, with partnerships including Anchorage and RockawayX, and a full production launch planned for early 2026.
The BOB Gateway supports one-click BTC deposits and withdrawals across more than 11 chains, including Ethereum, BNB Chain, and Unichain. It provides SDK integration for over 15,000 decentralized applications and facilitates cross-chain swaps. The network has established integrations with entities like Uniswap, Chainlink, Fireblocks, Lombard, Euler, Solv, and Babylon. Grants from Optimism and Uniswap have supported development. The roadmap includes expanding to additional chains and enhancing BTC-native earning products.
BOB At a Glance | SourceBitcoin holds a market capitalization of $2.2 trillion, but only 0.3 percent of it participates in decentralized finance, compared to 30 percent for Ethereum. Build on Bitcoin seeks to address this disparity by enabling Bitcoin's use in DeFi, potentially increasing Bitcoin DeFi's total value locked to $700 billion if adoption patterns follow those of Ethereum.
BOB Token Details and TokenomicsThe BOB token serves as the utility, governance, and staking token for the Build on Bitcoin hybrid chain. It is an ERC-20 token minted on the BOB network with a fixed total supply of 10,000,000,000 tokens. No further tokens will be minted after this cap. The full supply unlocks 48 months after launch.
BOB Token DistributionToken Distribution BreakdownTotal Community and Ecosystem Allocation
Token distribution allocates 50.91 percent to community and ecosystem purposes.
Division of Community and Ecosystem Allocation
This is divided into initial claims at 4.15 percent, community sale at 2.00 percent, and ongoing ecosystem and community initiatives at 44.76 percent.
Initial Circulating Supply at Launch
At launch, the initial circulating supply stands at 22.20 percent.
Components of Initial Circulating Supply
This includes 0.51 billion tokens, or 5.1 percent, in community hands via initial claims and the community sale; 1.46 billion tokens, or 14.6 percent, for ecosystem and community; and 0.25 billion tokens, or 2.5 percent, for the BOB Foundation.
Locked Tokens and Vesting SchedulesTokens for core contributors and early backers remain locked at launch, with vesting schedules over two to three years. In total, 77.8 percent of the supply is locked on day one. Foundation and ecosystem allocations vest over 48 months. Locked tokens cannot be staked to prevent initial reward concentration among team members and backers.Ecosystem and Community Allocation DetailsThe ecosystem and community allocation of 44.76 percent reserves about one-third, or 14.6 percent of the total supply, unlocked at the token generation event, with the rest unlocking linearly over 48 months.
This supports growth initiatives managed by the BOB Foundation and DAO through onchain governance. Uses include community, builder, and DeFi initiatives, as well as staking rewards. Five percent is pre-allocated for early DeFi, liquidity, and ecosystem growth.
Initial Claims and Staking BonusesInitial claims and staking bonuses total 4.15 percent, or 415 million tokens. Of this, 2.15 percent goes to initial claims for Fusion users, content creators, and campaign participants. Strategic liquidity providers are excluded from the Spice system to avoid dilution and face a 12-month lockup. Some campaign allocations have pre-agreed lockups. The remaining 2.00 percent funds staking bonuses, available upon staking and timelocking for set periods.Community Sale DetailsThe community sale of 2 percent, or 200 million tokens, occurred from November 10 to 16, 2025, raising $4.2 million. Proven community members, including top Spice holders in Fusion and the top 2,000 Cookie snappers, participated at a discounted valuation. Tokens are 50 percent unlocked at the token generation event, with the remaining 50 percent vesting linearly over three months.
Allocations to BOB Foundation, Core Contributors, and Early BackersThe BOB Foundation receives 10.00 percent to fund research, development, and initiatives. Of this, 2.5 percent unlocks at launch, with the remaining 7.5 percent unlocking linearly over 4 years.
Core contributors get 19.00 percent, vesting linearly over 36 months with a 12-month cliff.
Early backers receive 20.09 percent, with terms varying: strategic and seed at 18.71 percent over 36 months with a 12-month cliff; angels at 0.62 percent over 36 months from launch; and strategic partners at 0.77 percent with a 12-month lockup followed by 12 months linear vesting.
Token Generation Event and Exchange ListingsThe TGE took place on November 20, 2025, after a community sale from November 10 to 13, with fully diluted valuations ranging from $165 million for community tranches to $230 million for the public.
Bids ranged from $50 USDT to $250,000, allocated pro rata in USDC or USDT. The public tranche unlocks 20 percent at the event, with linear vesting over 12 months; the community tranche vests fully linearly over 12 months.
The token is listed on exchanges, including Gate, Kucoin, and Kraken. The token is also expected to go live on Coinbase.
Spot trading for BOB (BOBBOB) will go live on 20 November 2025. The opening of our BOBBOB-USD trading pair will begin later today if liquidity conditions are met, in regions where trading is supported. pic.twitter.com/CoyUm1Gghj
— Coinbase Markets 🛡️ (@CoinbaseMarkets) November 20, 2025 Airdrop Details and Claiming ProcessThe airdrop distributes 415 million tokens, or 4.15 percent of the supply, to reward early supporters.
Eligibility covers about 17,000 core supporters and 200,000 wider community members based on Spice harvested in Fusion Seasons 1-3, with Season 1 weighted 50 percent higher; onchain activity like BTCFi participation; social engagement; quests; and NFT mints such as Cookie Snappers.
Wallets require healthy onchain contributions; inactive ones disqualify. Exclusions include AML flags via TRM Labs, known criminal behavior, and core contributors. Strategic liquidity providers face a 12-month lockup.
Here’s the breakdown:
The snapshot occurred on November 6, 2025, at 14:00 UTC. Allocation splits into 215 million for initial claims and 200 million for staking bonuses. Claims opened at 12:00 UTC on November 20 via the official BOB claim page. Unclaimed tokens after 45 days return to the ecosystem treasury. KYC is recommended for sale participants but not required for airdrop claims.Claiming requires a small amount of ETH on the BOB network for gas fees. Users check eligibility by pasting their wallet address, connect if eligible, accept terms, and claim. ConclusionThe launch of the BOB token on November 20, 2025, establishes it as the core asset for staking, governance, and utility in the Build on Bitcoin network. With a fixed supply of 10 billion tokens and allocations prioritizing community at over 50 percent, the tokenomics support long-term network security through vesting and lockups.
The airdrop and staking mechanisms distribute tokens to early participants, while exchange listings provide immediate liquidity. Overall, this structure positions the token to facilitate Bitcoin's role in decentralized finance, emphasizing community involvement and technical integration.
Sources:
What is Build on BOB: https://docs.gobob.xyz/docs/quick-start/what-is-bob Build on BOB X Announcement: https://x.com/build_on_bob/status/1991478732272595223?s=20 Documentation: https://docs.gobob.xyz/
ALEX Lab uvedl, že za květnovým hackem za 4 miliony USD je velmi pravděpodobně Lazarus Group. Tým tvrdí, že má silné transakční důkazy a spolupracuje s vyšetřovateli.
The developer of Bitcoin-focused defi platform ALEX Lab says North Korean hackers are likely behind the latest $4 million attack.
North Korean hacker group Lazarus Group is very likely responsible for the attack that left Bitcoin-focused defi platform ALEX Lab without $4 million worth of tokens earlier in May. In an X post on Jun. 25, ALEX Lab’s official account said there’s “substantial transaction evidence” showing that the attack is linked to the Lazarus Group.
In mid-May, ALEX Lab was drained of more than $4.3 million in multiple tokens following the attack on its bridging service. Shortly after the attack, ALEX Lab developers revealed in a now-deleted X post they “identified the individual responsible for the recent security breach.” At the same time, the team offered a 10% bounty for the return of 90% of the stolen funds. Later on, the post was quietly removed without further explanation.
The ALEX Lab team assures its customers that it is “actively collaborating with international law enforcement and cybersecurity experts to address the implications of this attack and to recover lost assets,” adding that “enhanced security protocols are being implemented.”
Launched in 2021 by former bankers Chiente Hsu and Rachel Yu, ALEX Lab was developed to simplify the use of decentralized finance (defi) services on Bitcoin via Stacks, a platform for smart contracts. According to data from CoinCarp, the startup raised a total of $18.3 million, though its valuation hasn’t been disclosed.
Router Protocol spustil mainnet Router Chain, L1 síť pro chain abstraction a interoperabilní dApps napojené na Bitcoin, Ethereum a ekosystém Cosmos. Token ROUTE bude sloužit jako gas token i pro staking.
Router Protocol, a Coinbase Ventures-backed decentralized blockchain network, has announced the mainnet launch of its Layer-1 solution Router Chain.
The launch, set for Tuesday, aims to bridge Bitcoin (BTC) and Ethereum (ETH) security to chains in the Cosmos (ATOM) ecosystem, enabling fully interoperable decentralized applications.
Router Protocol’s mainnet launch introduces chain abstraction technology, allowing developers to create dApps for cross-chain money markets and omnichain tokens and other use cases.
Router Chain eyes a chain abstracted ecosystem Chain abstraction relates to the defragmentation of the blockchain ecosystem to allow users to interact with dApps from any chain without having to exit their current application. Abstraction also allows for interaction with the applications on disparate chains via any token, with blockchains benefitting from aggregated liquidity.
Router Protool wrote in an update that its mainnet launch is another step towards addressing challenges facing developers and the community in relation to chain abstraction within the Web3 ecosystem. Per details shared in the press release, the protocol offers a product suite that includes Router Chain, Nitro and CCIF for this goal.
Router Chain is a proof of stake layer-1 chain leveraging Tendermint’s BFT consensus mechanism and offers compatibility with EVM and non EVM chains. Meanwhile, the Cross-Chain Intent Framework is a plug-and-play infrastructure for cross-chain dApps and Nitro supports cross-chain swaps.
“By abstracting blockchain complexities, Router Protocol not only advances chain abstraction technology but enables the next generation of decentralized applications to seamlessly interact across multiple chains, boosting efficiency and reducing costs. This is the development Web3 has been waiting for,” Router Protocol founder and CEO Ramani Ramachandran said.
ROUTE as gas token Router Protocol’s mainnet launch also allows developers and users to benefit from features such as optimistic reverse verification and fast finality for fast cross-chain transfers. Meanwhile, middleware interceptors provide for customizable interactions and composability.
According to Router Protocol, the ROUTE token will serve as the platform’s gas token as well as offer staking rewards for holders.
Bridging Bitcoin, Ethereum to Cosmos Features that come with Router Chain’s mainnet launch includes canonical bridges, omnichain tokens and alloyed assets, and cross-chain money markets. Developers can leverage Router Chain for decentralized applications for cross-chain lending, borrowing and trading.
Router Chain’s multi-chain dApps feature means developers can tap into Bitcoin or Ethereum’s security, while at the same time leverage Solana for low transaction costs and speed. Router plans to launch a bridging solution for Cosmos to help mitigate the chain’s security limitations.
Also backed by QCP Capital and Wintermute among other investors, Router Protocol will look to mainnet launch to expand beyond the over 30 EVM and non-EVM chains that it currently supports.
Router Protocol has partnerships with Circle, Osmosis and Electron Labs, while its CCIF integrations include Lido, Benqi, Stakestone and Aerodrome.
Unibot se rozešel s týmem, který ho vyvíjel na Solaně, kvůli bezpečnostním obavám, spuštění bota „evm_unibot“ bez povolení, zamítnutému KYC a nesplněným závazkům ohledně poplatků. Po zprávě UNIBOT spadl o 40 %.
Telegram Bot project Unibot announced in its post on its X account today that it has decided to part ways with the team that founded Unibot in Solana.
It was stated that the reasons behind this decision were that Solana launched a Blast bot named 'evm_unibot' without permission and that the Solana team could not fulfill its commitment to Unibot.
Unibot also said in its statement that they will develop their own proprietary Solana robot.
“We are reaching out to share an important update on our collaboration with the team that built Unibot at Solana.
After careful consideration and feedback from our partner organizations, the Unibot core team has decided to part ways with the team that founded Unibot at Solana.
This decision is driven by security concerns, prompting us to move to in-house development of Unibot and running it on Solana using our secure server infrastructure.
The main reasons for the termination of our partnership are summarized below:
1. A breach of trust occurred because the Solana group launched the Blast bot named “evm_unibot” without prior permission and authorization from us. Users reported that they were unable to withdraw money.
2. KYC rejection
3. Despite multiple attempts to collect fees, the Solana group has failed to honor commitments made to the Unibot core team and has raised concerns about receipt of promised fees to Unibot Owners.”
After this news, UNIBOT price dropped by 40%.
*This is not investment advice.
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Senátorky Cynthia Lummis a Kirsten Gillibrand představily nový návrh zákona o stablecoinech v USA. Zakazuje algoritmické stablecoiny a vyžaduje 1:1 rezervy.
Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced fresh stablecoin legislation Wednesday, renewing lawmakers’ years-long attempt at enacting a comprehensive framework for the class of crypto assets in the United States.
The 117-page bill includes a raft of definitions pertaining to the sector, outlining rules on the state and federal levels for firms to issue so-called payment stablecoins. The bill also requires that firms conduct any stablecoin activities through subsidiaries. Stablecoins are crypto assets that are pegged to (and backed by) fiat currencies, and maintain a stable price point.
The new requirement differs from how some companies have handled stablecoins in the past. For example, Binance, which is not a bank, once offered its Binance USD (BUSD) stablecoin through Paxos Trust, which is not a subsidiary of the crypto exchange. The companies’ support of BUSD, however, drew to a close after Paxos was warned of a potential enforcement action by the SEC last year.
Different regulations would apply to companies depending on the outstanding value of stablecoins issued. Under the bill, dubbed the Lummis-Gillibrand Payment Stablecoin Act, a $10 billion cap is placed on state regulators’ ability to authorize and supervise non-depository trust companies involved in the stablecoin space.
🚨@gillibrandny and I are introducing the most comprehensive stablecoin bill to date.
Crypto assets are revolutionizing the world and as the undisputed leader in financial innovation, the U.S. must embrace crypto assets, but it cannot be done without clear rules for stablecoins. pic.twitter.com/vwRUEBUdsl
— Senator Cynthia Lummis (@SenLummis) April 17, 2024
“The legislation maintains the dual banking system that is critical to preserving the parity enjoyed by the state and federal financial institutions,” Lummis said on Twitter (aka X) on Wednesday.
Last week, Senate Majority Leader Chuck Schumer (D-NY) met with key legislators from the House Financial Service Committee to discuss stablecoin legislation, per Punchbowl News. During the meeting, lawmakers reportedly discussed folding bipartisan legislation into a bill reauthorizing the Federal Aviation Administration (FAA).
“I think there’s momentum,” Gillibrand said in an interview on CNBC’s "Squawk Box" Wednesday. “As part of the FAA reauthorization, it can be done quite quickly.”
Often referred to as the "Bitcoin Senator," Lummis' advocacy for crypto on Capitol Hill dates back to her election win in 2020. However, Lummis says she bought her first Bitcoin back in 2013, believing in its potential to address issues in today's financial system.
Under the new bill, it would be unlawful for stablecoin issuers in the U.S. to issue algorithmic stablecoins. Instead of using assets to back a stablecoin’s value, algorithmic coins keep their price pegged to the dollar (or other asset) with trading incentives.
Additionally, the bill requires that stablecoin issuers maintain one-to-one reserves for stablecoins. Often, fiat-backed stablecoins are pegged to the dollar through a mix of liquid assets like U.S. Treasuries and cash.
Algorithmic stablecoins caught attention on Capitol Hill following the collapse of TerraUSD in 2022, which shredded more than $40 billion worth of investors’ wealth. In February, U.S. Treasury Secretary Janet Yellen said it should still be a priority for Congress to pass legislation regulating the stablecoin market.
The senators’ bill introduced Wednesday follows the introduction of other crypto-related bills, such as the Lummis-Gillibrand Responsible Financial Innovation Act in 2022.
Outlining boundaries between the regulatory authority of the Securities and Exchange Commission and Commodity Futures Trading Commission, the bill was reintroduced in 2023.
So far, efforts to regulate crypto on Capitol Hill have died on the legislative grapevine. But Lummis is hopeful that the senators’ efforts could bear fruit before election season becomes too strong a force.
“We're going to keep pushing for weeks, rather than months,” Lummis said on "Squawk Box" Wednesday, adding that Congress is quickly approaching a period where “politics takes over policy.”
Edited by Stacy Elliott and Andrew Hayward
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MXC vyskočil až o 247 % po obnovení těžebního programu Moonchain a sérii aktualizací ekosystému. Denní objem obchodů vzrostl o více než 500 % na téměř 22,5 milionu USD.
MXC, the native token of the Layer 3 blockchain platform Moonchain, surged as much as 247% recently, thanks to the reactivation of its mining program and a wave of ecosystem updates.
According to Coingecko data, Moonchain (MXC) reached an intraday high of $0.00525 on the morning of May 29, Asian time, pushing its market cap past $11.6 million. When writing, the token was up 675% from its lowest point this year, marking one of its strongest moves in 2025 so far.
MXC crypto also recorded a sharp uptick in trading activity, with daily volume spiking over 500% compared to the previous day, reaching nearly $22.5 million, signalling a flood of new interest and momentum.
What’s behind the rally? There are three main catalysts driving MXC’s breakout:
First, the Moonchain team officially reactivated MXC mining on its network using MatchX’s M2 Pro and NEO miners, following a temporary outage on May 21. This reactivation also came after a community poll conducted by MatchX on X on May 19, where 97.9% of participants voted in favor of resuming MXC mining.
For context, MatchX is a German tech company that builds low-energy mining hardware specifically for the Moonchain ecosystem. Their devices help power Moonchain’s data infrastructure and allow users to earn MXC by participating in its Proof of Participation (PoP) system.
Second, Moonchain teased the upcoming launch of its Initial Hardware Offering (IHO). This campaign will send out free physical mining devices, possibly wearables like smartwatches or rings, to Moonchain token holders using an Ethereum smart contract.
According to the project’s Q2 2025 roadmap, the IHO will also include “health-based” mining devices and limited-edition high-hash-rate models to reward users who lock up their tokens early. Distribution hubs are also being set up in key regions to ensure faster deliveries.
Third, Moonchain recently completed an integration with OKX Wallet, a leading multi-chain wallet in the Web3 space. The integration allows users to easily access Moonchain’s dApps, staking features, and token tools across mobile, browser, and Telegram.
With OKX Wallet’s support for over 1,000 protocols, the move better positions both existing and new users to engage with the ecosystem.
What Is Moonchain? For those unfamiliar, Moonchain is a Layer 3 blockchain platform that combines AI, IoT, and DePIN (Decentralized Physical Infrastructure Networks). Its native token, MXC, powers transactions within the network, supports an inter-chain NFT marketplace, and rewards participants via its energy-efficient Proof of Participation model.
The project also features MXProtocol and is building on Ethereum’s Layer 2 tech, including its own zkEVM, to improve compatibility with existing Ethereum-based apps. This positions Moonchain as a solid pick for developers working on real-world use cases, especially in smart devices and data-sharing networks.
MXC price outlook On the technical side, MXC has broken out of a multi-month descending channel, which often signals the start of a potential new uptrend. It also held above the key 61.8% Fibonacci retracement level at $0.0048 before cooling off to around $0.0041 at press time.
MXC price, MACD and RSI chart — May 29 | Source: crypto.news Momentum indicators support the bullish case. The MACD lines are crossing upward, and the Relative Strength Index is in the overbought zone, often a sign of sustained buying pressure and strong buyer conviction in an emerging uptrend.
However, overbought conditions can also bring short-term selling pressure if traders begin to lock in profits.
If MXC continues upward, the next likely target is around $0.0061, a key level it failed to reach in its earlier push. But if it drops below the $0.0030 support, it could slide further down toward the $0.00060 range, which is currently acting as a psychological support zone.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Stacks aktivoval Nakamoto Upgrade, který přináší finalitu Bitcoinu do sítě a zkracuje vypořádání na zhruba pět sekund. STX při tom klesl o 8,5 % na 1,59 USD.
The Stacks (STX) protocol has initiated the Nakamoto Upgrade, which introduces Bitcoin (BTC) finality to its network. Over the next 21 days, the ecosystem is set to experience a range of activities linked to this significant upgrade.
Stacks is one of the largest Bitcoin Layer-2 (L2) networks by market capitalization. Earlier this year, the STX community approved the Nakamoto upgrade, aiming to make the network faster and enhance block times.
Bitcoin L2 Stacks Initiates Nakamoto UpgradeThe Nakamoto Upgrade marks a new era of scalability for decentralized finance (DeFi) within the Bitcoin ecosystem and is one of the most significant changes to the Stacks network. Activated on Wednesday, this upgrade enhances transaction speeds and reduces settlement times.
Bitcoin’s standard settlement times previously ranged from 10 to 30 minutes or more. The Nakamoto Upgrade has slashed this to around five seconds—a 10X improvement that significantly boosts the Stacks network’s usability.
The upgrade received strong community support earlier this year and sets the stage for several key developments in the Stacks ecosystem. One of the major upcoming events is the introduction of sBTC, a decentralized asset backed 1:1 by Bitcoin.
Stacks is specifically designed to enable smart contracts and dApps to use Bitcoin as a secure base layer. By extending Bitcoin’s capabilities without altering it, Stacks unlocks billions in latent capital, allowing for a more dynamic and functional ecosystem.
Read more: A Beginner’s Guide to Layer-2 Scaling Solutions
The Nakamoto Upgrade comes as projects built atop the Stacks blockchain endured less-than-desirable speeds. These slow transaction times negatively impacted the user experience, making it challenging to support high-volume use cases and limiting developers from delivering complex DeFi products.
Despite the positive changes brought by the upgrade, which began on Wednesday, the total value locked (TVL) on the Stacks network has decreased by over $7 million, dropping from $98.10 million to $90.62 million. This decline in TVL suggests that the upgrade’s immediate impact on market confidence was mixed, even as the network undergoes notable improvements.
Stacks TVL. Source: DefiLlamaBeInCrypto data shows STX, the native token of the Stacks network, is trading for $1.59 at press time, down 8.5% since Thursday session openned.
Bitcoin L2s Could Initiate New WaveBitcoin L2 solutions are progressively gaining popularity, and have attracted significant investment. As BeInCrypto previously reported, VC funding towards Bitcoin L2s continues to grow, collectively raising an impressive $94.6 million in the second quarter of 2024.
This represents a substantial 174% increase quarter-over-quarter. Experts also revealed that at least 65 projects identified themselves as Bitcoin Layer-2.
“The crypto industry is catching on to the fact that much of what is done on alternative blockchains can be built on top of Bitcoin. Fortune 500 companies like MicroStrategy are tailoring their entire business towards Bitcoin’s Layer-2. Layer-2 faces no more regulations than other crypto platforms. The only challenges are technical, and the brightest minds are being pulled towards Bitcoin along with nation-states, etc,” Manuel Ferrari, Money On Chain Co-Founder, told BeInCrypto.
Read more: Beginner’s Tutorial to Start Using the Lightning Network
There is also speculation that L2s could spark a new bullish wave for Bitcoin, especially as the focus on scaling increases. This rising demand might lead to capital rotation, with overflow potentially moving into Layer-2 tokens like STX, Elastos (ELA), SatoshiVM (SVM), and BVM (BVM).
Elastos spustil BPoS NFT pro staking ELA, která mění stakované ELA a odměny na obchodovatelná NFT bez přerušení výnosů. Uživatelé mohou získat 2–3 % APR a NFT kdykoli spálit pro vyplacení odměn.
[PRESS RELEASE – Singapore, Asia, October 23rd, 2024]
Users can convert staked ELA and rewards into tradable NFTs, burn them anytime for Bitcoin-secured ELA APY rewards, and claim the staked ELA when the lock period ends. Anyone can stake ELA with a validator and earn 2–3% APR, with higher rewards for longer lock periods. Elastos continues to build momentum for a new decentralized finance model, offering flexible liquidity, Bitcoin-backed security, and simple wallet access. Elastos, a SmartWeb ecosystem provider, has expanded incentives for crypto users and validators with the launch of Bonded Proof of Stake (BPoS) NFTs. This new system offers users liquidity for staked assets by converting ELA and accumulated rewards into tradable NFT receipts, without interrupting rewards or waiting for the lock period to end. Through the Essentials Wallet, users can stake Bitcoin-secured ELA with a validator to earn 2–3% APR, with higher rewards for longer lock periods.
Today’s announcement underscores Elastos’ commitment to delivering value across the Smart Web ecosystem. Users can easily stake ELA tokens with BPoS validators on the Elastos Mainchain using the Essentials Wallet and issue BPoS NFTs. These NFTs can be freely traded or transferred on the Elastos Smart Chain (ESC), offering liquidity without affecting the staking period. Market participants can acquire NFTs to gain access to Mainchain rewards and the underlying staked asset. While the staked ELA remains locked until the staking period ends, NFT holders can burn their NFTs anytime to claim accumulated APY rewards.
“We are committed to delivering technologies that will create long-term value for our users and the ecosystem,” said Jonathan Hargreaves, Head of Global Growth at Elastos. “We are now in a position to deliver the tools and architecture that enable users to trade Bitcoin-backed value through ELA on Elastos without unstaking the underlying asset. This unlocks new market opportunities and sets the stage for BPoS NFTs to be used as collateral in BeL2’s upcoming Arbiter network. Ultimately, we aim to build a new model for decentralized finance backed by Bitcoin security, and we are entering a phase where users will increasingly benefit from these innovations.”
Backed by Bitcoin Security These NFTs represent receipts to claim ELA assets secured by Bitcoin’s hash power through Auxiliary Proof of Work (AuxPoW) and validators via the BPoS mechanism on the Elastos Mainchain. With 293.69 EH/s of Bitcoin’s total 580.74 EH/s hash rate, nearly half of Bitcoin’s security reinforces Elastos’ ELA, anchoring it in Bitcoin’s infrastructure without additional energy use and introducing new utility through mintable and burnable NFTs.
“With ELA’s fixed supply cap of 28.22 million, Bitcoin miner-shared security, and a 4-year halving cycle, ELA embodies Satoshi’s merge-mining BitDNS and Generalizing Bitcoin vision laid out on the Bitcoin forum in 2010,” added Sasha Mitchell, Head of BeL2. “Our roadmap continues to progress with the upcoming BeL2 arbiter network, which will support Native Bitcoin DeFi, allowing nodes to collateralize BPoS NFTs and unlock multiple revenue opportunities beyond ELA APY by supporting BTC-based services.”
Launching the BeL2 Arbiter Network Elastos plans to launch the BeL2 arbiter network by the end of 2024. This network will allow BPoS NFTs to be used as collateral for supporting time-based transactions such as loans and stablecoin pegs, including dispute resolution services. Arbiter nodes using these NFTs will earn Bitcoin and ELA rewards without moving Bitcoin from the mainnet. This approach combines security, liquidity, and financial innovation, positioning Elastos as a key player in the evolution of blockchain-based finance.
About Elastos Elastos is a public blockchain project that integrates blockchain technology with a suite of reimagined platform components to create a modern internet infrastructure that provides intrinsic protection for privacy and digital asset ownership. Its mission is to build accessible, open-source services that empower developers to create an internet where individuals own and control their data.
The Elastos SmartWeb platform allows organizations to recalibrate how the internet functions to better manage their data and privacy.
Elastos získal strategickou investici ve výši 20 milionů USD od Rollman Management. Peníze podpoří rozvoj Bitcoin DeFi protokolu BeL2, ELA a Web3 datové ekonomiky.
Majuro, Marshall Islands, January 30th, 2025, Chainwire
Funding accelerates the development of Elastos’ ELA token, Native Bitcoin DeFi protocol, and Web3 data economy – positioning Elastos as the utility layer for Bitcoin.
Elastos, a decentralized web infrastructure pioneer, today announced a $20 million strategic investment from Rollman Management to scale its Bitcoin-aligned ecosystem. Rollman Management, recognized for its high-profile investments in blockchain projects like Ripple, Ethereum, Solana, and Planck, now ranks Elastos among its top five holdings. The partnership will fuel the launch of Elastos’ Native Bitcoin DeFi protocol, BeL2, expand its merge-mined ELA token as a Bitcoin reserve asset, and accelerate Elacity—a Web3 data marketplace that enables creators to monetize content without intermediaries on top.
With Bitcoin’s market cap surpassing $2 trillion, Elastos solves critical gaps in Bitcoin’s ecosystem:
ELA as Bitcoin’s Merge-Mined Reserve Asset: ELA tokens have been secured by Bitcoin’s hash power through merge-mining since 2018, aligning with Satoshi Nakamoto’s 2010 vision for decentralized networks. With a total of 28,220,000 by 2105 and around 50% of Bitcoin’s hashrate, ELA gains security and decentralization, provides additional revenue for BTC miners at no extra cost, and creates a crypto economically sound reserve asset for Elastos’ Bitcoin-native DeFi system. BeL2: Bitcoin’s DeFi Breakthrough: Launching in Q2 2024, BeL2 allows Bitcoin holders to collateralize BTC in personal wallets and access Ethereum smart contract services. These include minting stablecoins, performing swaps, and borrowing assets peer-to-peer, unlocking its value all whilst eliminating reliance on synthetic BTC (e.g., WBTC) and centralized custodians. BeL2 combines locking scripts, zero-knowledge proofs, oracles, and an arbiter network where ELA stakeholders can stake ELA and earn BTC fees as decentralized nodes to support the protocol. Elacity: Web3’s Creator Revolution: Already proven in early tests, where one creator earned $5,600 in 24 hours through tokenized podcast access, Elacity v2 will launch in April with channels and subscription models. It enables influencers to encrypt, tokenize, and sell content/royalties on Elastos for audio and video markets, with plans to extend its technology to support the tokenization of AI markets. “Leveraging Bitcoin’s trillion-dollar consensus to empower Web3 users with scalable utilities—that’s where Elastos comes in,” said Rong Chen, Elastos Founder. “Merge-mining ties ELA’s security to Bitcoin’s, and BeL2, Elastos’ decentralized finance protocol, unlocks BTC-backed DeFi without compromises, whilst Elacity creates a decentralized digital goods economy on top. Rollman’s investment supports our role as Bitcoin’s utility layer”.
The $20M investment from Rollman will drive the advancement of Elastos technologies and also help Elastos reorient its branding, mature its technological stance, and go to market. This includes enhancing marketing efforts, which will further position Elastos as a leader in the growing Bitcoin-native DeFi space.
Elastos as a Pioneer in Bitcoin-secured Governance
Beyond its technological advancements, Elastos stands out for its Cyber Republic Consensus (CRC) governance model, formalized as a DAO LLC in the Marshall Islands, which signed this agreement with Rollman. This delegate-based system allows community members to stake Bitcoin merge-mined ELA, earn APY, and annually elect—or run as—one of 12 council members who vote on proposals, drive innovation, sign contracts, and validate Elastos’ Smart (EVM) and Identity (DID) sidechains. This ensures governance decisions reflect the community’s interests and demonstrates Elastos’ commitment to a truly decentralized and transparent ecosystem rooted in Bitcoin.
As Elastos enters its next phase of growth, participants can join the ecosystems CRC DAO by acquiring merge-mined ELA, which has a market cap of $48,542,586 and is secured by nearly 50% of Bitcoin’s hashrate (366.01 EH/s, equivalent to 244.008 Frontier Supercomputers). ELA offers 6+ years of proven security, a fixed cap of 28.22M tokens to be fully mined by 2105, and 3.29% emissions via its Essentials Wallet, ensuring scarcity and predictability for holders. Available on Centralized Exchanges (Coinbase, KuCoin, Gate.io, Huobi, Bitget, Crypto.com) and Decentralized Exchanges (Uniswap, Chainge Finance, Glide Finance), ELA empowers holders to shape Elastos’ future through CRC governance—driving innovation, reinforcing Bitcoin-level security, and building the next generation of decentralized applications.
Additional Information
ELA Merge Mining BeL2 Elacity Cyber Republic Consensus (CRC) Users can contact [email protected] for partnership inquiries or media requests. About Elastos
Elastos is a SmartWeb ecosystem builder focused on enabling decentralized application creation and cross-chain connectivity. Built on top of Bitcoin merge-mining, Elastos relies on the security of the world’s largest public blockchain and extends it with additional layers. The introduction of BeL2 and its Arbiter Network marks Elastos’ latest effort to advance a more open, clear, and trustless global financial system.
Website: Elastos.info
X/Twitter: @ElastosInfo
About Rollman Management Digital
Rollman Management Digital is a private investment and management consulting boutique that is incorporated in the British Virgin Islands. The firm seeks to invest in talented teams and their blockchain protocols to further develop their technology and business while adding significant value to the future of the modern economy.
RMD is led by Victor R. Ch. Rollman, the founder of Rollman Capital, Rollman Mining, and Rollman Management. The Group offers a wide range of investment opportunities, financial services, and management consultancy to UHNWIs, entrepreneurs, developing governments, commodity trading firms, banks, family offices, and pension funds.
Threshold Network spustil upgrade tBTC, který umožňuje přímé mintování na podporované řetězce z jediné BTC transakce, bez dalších schválení a s nulovým gas poplatkem. Nová verze zároveň zjednodušuje redeem zpět na Bitcoin mainnet.
New York, United States, November 11th, 2025, Chainwire
Threshold Network has rolled out protocol upgrades and a refreshed website to reinforce tBTC’s position in Bitcoin onchain markets. This enhances tBTC’s role as the trusted tokenized Bitcoin, bridging Bitcoin’s onchain capital concentration to decentralized financial markets.
Recent analysis shows that 1M addresses hold over $100k; 157,000 hold over $1 million, and 19,142 addresses hold more than $10 million in Bitcoin. Together, these addresses represent an estimated $500 billion in value, a figure that has accelerated since U.S. spot ETF approvals in 2024. Although individuals control about 65.9% of the total Bitcoin supply, the majority are affluent investors rather than small retail holders.
Since the approval of U.S. spot Bitcoin ETFs, institutional participation has grown rapidly. Institutional holdings reached $414 billion in August 2025, driven by ETF inflows and corporate treasury strategies. Corporate reserves increased 40% in Q3 to $117 billion, while 172 listed companies now hold Bitcoin, collectively owning over 1 million BTC. MicroStrategy remains the largest corporate holder with 640,000 BTC, and as of October 2025, U.S. spot Bitcoin ETFs manage $169.48 billion in assets, representing 6.79% of Bitcoin’s market cap. Threshold sees this shift as an opportunity to shift to institutional positioning.
Renewed Focus: Institutional Access with Bitcoin’s Integrity
The redesigned Threshold Network website features a clean, minimal layout designed for clarity and accessibility. It represents Threshold’s transition from a single protocol to a comprehensive ecosystem that enables Bitcoin to move freely across financial markets.
The accompanying tBTC app has been upgraded to simplify the Bitcoin-to-DeFi experience. Users can now mint tBTC directly to supported chains with a single BTC transaction, without secondary approvals or unnecessary steps. Redemptions back to Bitcoin mainnet are equally straightforward, mirroring Bitcoin’s simplicity while maintaining full decentralization.
The upgrade also introduces several new features:
Use tBTC: A new section built to help users discover where they can deploy tBTC or put their Bitcoin to work. It provides a comprehensive overview of tBTC integrations across multiple DeFi protocols. Vaults: a new dashboard that consolidates integrated tBTC vault strategies into a single interface. It allows users to access curated, externally managed vault strategies built for ease of use. My Activity: This section offers a unified record of all user actions across minting, redeeming, and vault participation. Every transaction is logged onchain, allowing users to easily track their history and monitor performance over time.
The New tBTC App: Simplicity and Precision for Large Scale Adoption
The new tBTC app introduces a simplified interface focused on efficiency, transparency, and security. It allows users to move between Bitcoin and DeFi markets seamlessly while maintaining complete self-custody of their assets.
Streamlined Minting and Redemption
Users can now move effortlessly between Bitcoin and a range of supported networks, including Ethereum, Layer 2s, and non-EVM chains, through a single, seamless process.
This new functionality removes the friction traditionally involved in bringing Bitcoin into DeFi. Users can now mint and redeem tBTC quickly, securely, and without unnecessary costs or approvals.
Direct minting to supported chains enables capital to flow efficiently into DeFi markets, allowing institutions to deploy Bitcoin liquidity across multiple ecosystems without relying on centralized intermediaries. Direct redemption to Bitcoin mainnet gives users confidence that they can always return to native Bitcoin, maintaining trust and liquidity across all use cases. No Layer 2 signing required means that even complex transactions can be completed with a single Bitcoin transfer, reducing operational overhead for institutional treasuries and simplifying onboarding for individual users. Together, these upgrades position tBTC as the most efficient and permissionless access for Bitcoin in DeFi markets.
Gasless Minting on Supported Networks
Gasless minting is now possible on supported networks. Users only need to deposit Bitcoin; no wallet signatures or additional gas fees are required. They simply connect their wallet, send Bitcoin to a single-use address, and receive tBTC on their chosen chain. This feature allows users to utilize Bitcoin capital efficiently without compromising custody or cost.
“This is a major protocol upgrade that represents Threshold’s maturity as a network,” said Callan Sarre, Co-Founder and CPO of Threshold Labs.
“We’ve rebuilt the app to give users a unified experience. Mint, redeem, and deploy Bitcoin faster, with confidence and transparency. The new interface delivers what users, both institutional and individual, have consistently asked for: clarity and control without compromise.”
Building the Future of Bitcoin
Threshold Network, a cross-chain Bitcoin infrastructure protocol that enables BTC to move securely across multiple blockchains, has upgraded its app to support direct minting to supported networks with zero gas fees. The upgrade allows Bitcoin holders to access yield strategies, lending markets, and liquidity provision without first routing transactions through Ethereum Layer 1.
This release enables users to mint tBTC directly from the Bitcoin network into supported onchain ecosystems, removing the need for L1 bridging and significantly simplifying user onboarding.
“The scale of institutional adoption since ETF approvals has been extraordinary,” said MacLane Wilkison, Co-Founder and CEO of Threshold Labs.
“Our focus is on building the infrastructure that allows institutions, funds, and corporates to interact with Bitcoin onchain securely. As traditional finance integrates Bitcoin into its portfolios, tBTC stands as the bridge that ensures this participation remains decentralized and transparent.”
With tBTC available across major ecosystems, including Ethereum, Arbitrum, Base, Polygon, Sui, Starknet, BOB, and Optimism, Threshold continues to expand its integrations to increase liquidity and, soon, enable access to institutional capital.
Users can explore the new app and website at https://threshold.network
About Threshold Network
Threshold Network is the decentralized protocol behind tBTC, a permissionless 1:1 Bitcoin-backed asset secured by a 51-of-100 threshold signer model. tBTC enables native BTC to move across chains like Ethereum, Base, Sui, Arbitrum, and Starknet without requiring custodians or compromising security. With over 5 years of proven security and about $4.8B in bridge volume, Threshold offers the most battle-tested, trust-minimized Bitcoin infrastructure onchain.
Contact Head of Marketing
RC Ramos
Threshold Network [email protected]
January 2026 marked a strong start to the year for Threshold Network, with continued growth in tBTC adoption, a new vault launch, and deeper engagement with Bitcoin’s onchain role. As market conditions shifted, Threshold remained focused on resilience, trust-minimized design, and sustainable Bitcoin utility.
Throughout the month, Threshold Network advanced its core mission of bringing Bitcoin onchain without compromising its security model or economic integrity. Key research, protocol updates, and ecosystem expansions reinforced tBTC’s position as a reliable, production-ready bridge for Bitcoin liquidity.
HighlightstBTC has surpassed 48,000 BTC in cumulative volume to date and is on track to reach the 50,000 BTC milestone in Q2.Jan 27: Threshold released the tBTC Blueprint Report by Alea Research, detailing tBTC’s 800% growth since 2024 and underscoring its security and resilience relative to other tokenized Bitcoin alternatives.Jan 19: Amid market cycles, tBTC continued steady growth with 5,942 BTC in TVL and 97 percent of supply concentrated on Ethereum, signaling sustained Jan 5: The tBTC Noon Vault went live in partnership with Vesu and Starknet, introducing a structured BTC-denominated onchain positioning strategy.Jan 5: tBTC redemption fee waivers for $T stakers are now available on the Threshold App, reducing execution costs while strengthening protocol and governance alignment.MilestonestBTC Continues Steady Growth Amid Market CyclesOn January 19, tBTC continued to demonstrate resilience and sustained adoption amid broader market cycles. Total value locked reached 5,942 BTC, with 97 percent of supply concentrated on Ethereum, signaling consistent onchain demand and real usage.
These metrics reflect tBTC’s role as a production-ready Bitcoin bridge built without leverage, rehypothecation, or opaque yield mechanics. Its trust-minimized design continues to support predictable behavior across varying market conditions while preserving Bitcoin’s core principles.
tBTC Continues Steady Growth | Threshold Network
tBTC Redemption Fee Waivers for $T Stakers tBTC was designed to bring Bitcoin onchain while prioritizing security, transparency, and reliable market behavior. As adoption has increased, onchain performance has remained consistent across a wide range of market conditions.
The introduction of redemption-fee waivers for $T stakers builds on this foundation by reducing execution costs for active participants and reinforcing alignment between protocol usage and governance. This update refines the economics of interacting with the bridge, particularly at scale, without altering tBTC’s underlying mechanics.
Learn more about fee waivers for $T stakers:
tBTC redemption fee waivers are now live for $T stakers
Ecosystem GrowthNoon tBTC Yield Vault Goes Live and Gains Early TractionOn January 10, the Noon-tBTC Yield Vault launched on Threshold Network in partnership with Vesu, Starknet’s largest lending platform. Built around disciplined Bitcoin yield strategies, the vault initially targeted a 10 percent APY. Within two days, it reached $454,060 in TVL with a 7-day APY of 6.79 percent, signaling early interest in structured Bitcoin yield products.
Explore the vault: https://app.threshold.network/vaults/starknet-noon
tBTC Noon Vault Goes Live | Threshold NetworktBTC Blueprint Report by Alea ResearchBitcoin onchain is entering a phase where security, custodianship, and protocol design matter more than ever, and Threshold Network continues to advance this standard through tBTC.
The tBTC Blueprint Report by Alea Research focuses on tBTC and Threshold Network as a reference model for trust-minimized Bitcoin infrastructure. It analyzes how Threshold’s architecture, incentive design, and custody assumptions support scalable Bitcoin liquidity while maintaining predictable market behavior and strong security guarantees.
tBTC Blueprint Snapshot via Alea Research | Threshold NetworkMedia HighlightsThreshold featured in Decrypt on stake-based fee waiversOn January 23, Decrypt Media featured Threshold’s introduction of stake-based redemption fee waivers, highlighting how the update reduces execution friction and supports tighter pricing across Bitcoin markets.
Read the Decrypt feature to learn more: https://decrypt.co/355453/threshold-network-introduces-stake-based-fee-waivers-to-strengthen-tbtc
Bitcoin allocation strategies on The Daily StackOn January 30, Callan Sarre joined Bitcoin News’s The Daily Stack podcast to discuss how Bitcoin can be allocated across different risk profiles, including emerging opportunities powered by tBTC. The conversation explored how using Bitcoin as collateral can contribute to economic security to blockchain networks with relatively low financial risk.
Watch a snippet of the podcast episode: https://x.com/TheTNetwork/status/2017227776865267906
Threshold Labs CPO and Co-Founder Callan Sarre at Bitcoin News | ThresholdBitcoin resilience under stressOn January 27, Callan Sarre, Co-Founder and CPO at Threshold Labs, shared insights with Decrypt Media on how miners respond to grid stress while Bitcoin’s consensus layer continues to operate as designed.
New Threshold Labs Member | Threshold NetworkRecently, we welcomed Vicky to Threshold Labs as a Software Engineer. Vicky brings 14 years of software engineering experience and has been active in crypto since 2017.
Vicky previously worked on NuCypher starting in 2016 and was directly involved in creating the Threshold Network smart contracts, giving her deep historical and technical context across the Threshold stack. Her experience strengthens the team’s ability to maintain and evolve core protocol infrastructure.
Looking AheadAs 2026 unfolds, Threshold Network remains focused on strengthening Bitcoin’s role onchain through trust-minimized infrastructure and aligned economic incentives. Upcoming work will continue to prioritize protocol resilience, measured ecosystem expansion, and deeper integration across Bitcoin-native and emerging environments.
In the months ahead, Threshold will advance research, product development, and partnerships that support sustainable Bitcoin liquidity and long-term network security. The goal remains clear: make Bitcoin more usable without compromising the principles that underpin its value.
Follow Threshold Network for upcoming updates and releases.
Threshold Network spustil Unified Bitcoin App, která v jednom rozhraní spojuje minting, redeeming, bridging, tracking i BTC swapy. Aplikace propojuje Bitcoin s Ethereum, Arbitrum, Base, Sui a Starknet.
[PRESSS RELEASE – New York, United States, March 3rd, 2026]
Threshold Network, the decentralized blockchain protocol behind tBTC, has introduced an update to its decentralized application featuring an all-in-one Unified Bitcoin App that enables users to route Bitcoin across major chains through a single interface.
This new unified routing interface brings minting, redeeming, bridging, tracking, and native BTC swaps into a single application: The Threshold App. Users can now move Bitcoin across ecosystems through a coordinated system, rather than stitching together multiple tools or navigating between different Decentralized protocols.
This release simplifies how Bitcoin enters and moves across DeFi, offering a more user-friendly on-chain experience with tBTC. Whether a transaction requires a swap, a bridge, or multiple steps, execution is seamlessly coordinated through a single interface
Coordinated Execution Instead of Fragmented Workflows
Historically, moving BTC into tBTC and across chains required multiple disconnected workflows: minting in one app, bridging via another protocol, swapping on separate exchanges, and manually checking the best price for each transaction. This fragmented process introduced friction, higher execution risk, added costs, and unnecessary complexity for users attempting to access DeFi with Bitcoin.
The Threshold All-in-one Bitcoin Liquidity App streamlines this experience by consolidating minting, bridging, swapping, and cost tracking into a single coordinated interface. Instead of manually comparing bridges and liquidity venues, users receive optimized routing options based on cost, speed, and reliability, such as the fastest or lowest-cost path: all within the Threshold Network App.
By abstracting multi-step transactions into a single seamless flow, the router significantly lowers the barrier for Bitcoin holders to use BTC across major ecosystems, including Ethereum, Arbitrum, Base, Sui, Starknet, and other integrated chains. The result is a simpler, more efficient way to move Bitcoin into DeFi.
Native BTC Execution with Deep Liquidity
Native BTC swaps are integrated directly into the routing engine, leveraging deep Ethereum liquidity to deliver competitive pricing and more efficient execution compared to fragmented, chain-specific pools.
“Capital should move efficiently across chains without requiring users to manage infrastructure decisions,” said MacLane Wilkison, Co-Founder of Threshold Network. “The new Threshold Bitcoin app coordinates liquidity sourcing and settlement behind the interface, enabling more efficient Bitcoin deployment across ecosystems.”
The update also strengthens the utility of Threshold’s token (T). The App tracks staked $T from the connected wallet and automatically applies minting and redemption fee waivers for eligible users. Gasless minting remains available as an opt-in feature, further reducing transaction costs.
Additionally, the router enables streamlined conversions from assets such as WBTC and cbBTC directly into tBTC on the destination chain, providing more direct and efficient access to Bitcoin liquidity across DeFi ecosystems.
Integrated Infrastructure Across Major Networks. Currently, the router connects Bitcoin, Ethereum, Arbitrum, Base, Sui, and Starknet within one coordinated framework. It integrates native tBTC mint and redeem flows, established bridging infrastructure, and DEX aggregation to ensure reliable settlement across chains.
All transactions are tracked in real time and are fully resumable. If a user disconnects or closes a session, progress is preserved. Fee logic is staking-aware, with eligible T stakers seeing applicable redemption fees waived directly within the interface.
New Features:
Unified Routing Interface: Enables minting, redeeming, swapping, and bridging from a single entry point. Users select source and destination assets, and the system automatically constructs the optimal execution path. Multi-Chain Connectivity: Supports Bitcoin, Ethereum, Arbitrum, Base, Sui, and StarkNet within a single coordinated framework. Users can move BTC or tBTC across ecosystems without managing separate bridge interfaces. Smart Route Discovery and Ranking: Automatically evaluates possible transaction paths and ranks them by cost, speed, reliability, and simplicity. Users are presented with clearly labeled best options. Native BTC Swaps: Provides direct access to BTC liquidity with competitive execution, while enabling seamless conversion of assets such as cbBTC or wBTC into tBTC on a user’s chosen destination network. Integrated Liquidity and Bridging Stack: Connects tBTC mint and redeem flows with established bridging infrastructure and DEX aggregation to coordinate multi-step transactions seamlessly. Resumable Transactions: Persists in-flight operations, allowing users to refresh, disconnect, or return later without losing progress. Reduces failed cross-chain flows and operational friction $T Staking-Aware Fee Display: Recognizes T staking status and surfaces fee waivers directly in the interface, reinforcing participation incentives. Unified tBTC Explorer and Transaction Tracking: The new explorer section of the app consolidates historical mint, redeem, bridge, and swap activity into a single view, improving transparency and user oversight. Impact for Users and Stakeholders
This release expands the utility of tBTC across six ecosystems while increasing throughput across minting, bridging, and swap flows. By embedding routing intelligence directly into the protocol interface, Threshold captures more activity within its infrastructure and further strengthens staking incentives tied to network usage.
With this launch, Threshold advances its role from Bitcoin asset issuance to core infrastructure for Bitcoin mobility, coordinating capital movement seamlessly across chains and unlocking more efficient access to decentralized finance.
Users can explore the new Bitcoin App today at https://app.threshold.network
About Threshold Network
Threshold Network is the decentralized protocol behind tBTC, a non-custodial, 1:1 Bitcoin-backed asset secured by a 51-of-100 threshold signer model. tBTC enables native BTC to move across chains like Ethereum, Base, Sui, Arbitrum, and Starknet without requiring custodians or compromising security. With over 6 years of proven security and about $5.1B in bridge volume, Threshold offers the most battle-tested, trust-minimized Bitcoin infrastructure on-chain.
MAP Protocol spustil interoperabilitu mezi Bitcoinem a Solanou, která umožňuje decentralizované převody SOL-BTC bez prostředníků. Řešení využívá zero-knowledge proof a má být peer-to-peer i trustless.
MAP Protocol, a well-known Bitcoin L2 to increase cross-chain interoperability, has announced an exclusive development. As per MAP Protocol, the platform is launching comprehensive interoperability between the Bitcoin and Solana networks for seamless asset transfers. The platform disclosed this endeavor on its official social media account on X.
📢 MAP Protocol Officially Announces Interoperability Between Solana and Bitcoin Networks
MAP Protocol has officially announced the successful implementation and launch of interoperability between the Solana and Bitcoin networks. Users can now perform decentralized SOL-BTC… pic.twitter.com/6GjUV8STD0
— MAP Protocol (@MapProtocol) May 9, 2025 MAP Protocol Introduces Interoperability between Solana and Bitcoin Ecosystems MAP Protocol’s announcement of interoperability between the Bitcoin and Solana networks is a groundbreaking development. This endeavor focuses on opening latest possibilities when it comes to cross-chain interactions and advanced DeFi applications. The prominent apps, such as Cross-chain Swap, are already utilizing this breakthrough advancement. This development permits consumers to carry out $SOL-$BTC transfers without depending on intermediaries or centrally controlled exchanges.
The interoperability integration between the Bitcoin and Solana ecosystem leverages cutting-edge zero-knowledge proof technology. In addition to this, it also utilizes light user mechanisms to sustain an increased level of efficiency and security. In this respect, it guarantees a seamless and trustless consumer experience.
The development is specifically noteworthy as Bitcoin, dissimilar to the modern blockchains, does not have local smart contract functionality. Hence, this interoperability layer offers a matchless interaction with the high-performance blockchain of Solana. Solana is renowned for its low fees and rapid speeds. As a result of this initiative, MAP Protocol is reportedly leading toward increased blockchain composability.
Driving Utility, Interoperability, and Efficiency among Solana and Bitcoin Networks According to MAP Protocol, the interoperability solution for the Solana and Bitcoin networks is completely peer-to-peer and decentralized. It reinforces the platform’s endeavors to establish a trustless infrastructure. Specifically, consumers will retain complete control over assets during the entire process. Overall, this interoperability now just improves utility for Solana and Bitcoin consumers but also paves the way for a relatively efficient and interconnected Web3 landscape.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Cumberland, Fluid a SwissBorg se připojily k Hashi od Sui před červencovým spuštěním globálního testnetu. Projekt má na Sui otevřít institucionální BTC zajištěné půjčování a vypůjčování.
[PRESS RELEASE – Grand Cayman, Cayman Islands, June 23rd, 2026]
Sui aims to transition more of Bitcoin’s $1.2T market cap into verifiable, productive onchain products.
Hashi, Sui’s native bitcoin finance primitive, gains more institutional support ahead of the scheduled launch of its global testnet this July.
Sui, where money moves as freely as messages, announced today that Cumberland, Fluid, and SwissBorg have joined the Hashi ecosystem, Sui’s native bitcoin finance primitive, weeks ahead of its scheduled global testnet launch this July. The expanding coalition addresses a critical bottleneck in crypto: solving the persistent capital inefficiency by unlocking over a trillion dollars of immobile BTC into DeFi safely.
Previous market cycles demonstrated the systemic dangers of relying on opaque, centralized credit intermediaries such as Celsius, Voyager, and Genesis to generate utility from dormant assets. Hashi replaces centralized balance-sheet trust with verifiable smart contract logic.
But with a strict separation for safety by design, Bitcoin remains securely on the native Bitcoin blockchain. Sui smart contracts handle the cryptographic and programmatic rights to enable its use as financial collateral.
“Hashi was built to unlock the productive use of Bitcoin at a scale the industry hasn’t seen before,” Adeniyi Abiodun, Co-Founder and Chief Product Officer of Mysten Labs, the original contributor to Sui. “We believe Bitcoin will become one of the largest sources of collateral in finance as the world moves onchain, and Hashi provides the foundation to make that possible on Sui.”
Built for Institutional Bitcoin Finance
Hashi is a foundational primitive setting a new standard for how builders can create bespoke, Bitcoin-backed financial products with risk parameters and loan terms that are fully verifiable onchain. In just a few weeks’ time, institutions, custodians, wallet providers, and developers can begin freely testing the infrastructure that will support Bitcoin-backed lending, borrowing, and credit origination on Sui.
Expanded Institutional Support
Three new powerhouses join the growing Hashi ecosystem, broadening support for institutional liquidity providers, market makers, and digital asset platforms:
Cumberland: One of the digital asset industry’s largest institutional market makers, Cumberland joins the Hashi ecosystem to evaluate the protocol’s structural frameworks and prepare for eventual onchain liquidity provisioning. SwissBorg: A European wealth management app with over one million users, is exploring opportunities to connect its network of European high-net-worth Bitcoin holders and liquidity providers to Hashi, creating new pathways for Bitcoin-backed borrowing and lending. Fluid: A major DeFi lending protocol with a strong record of efficient, safe trades, is now building in preparation for mainnet institutional services. Fluid’s participation would provide institutional-grade lending markets and deepen access to Bitcoin-backed credit on Sui. These new builders join an industry-leading group of infrastructure providers, custodians, and DeFi protocols already working together to build a native Bitcoin financial ecosystem on Sui.
“Bitcoin is the world’s most liquid digital asset, but without native utility, it remains an off-chain asset,” said Paul Kremsky, Global Head of Business Development at Cumberland. “Hashi is exciting because it introduces a transparent, institutional-grade framework for BTC-backed credit that will replace synthetic workarounds with a product we are excited to use ourselves.”
“Our community has consistently sought native ways to lend and borrow against their Bitcoin,” said Cyrus Fazel, Founder & CEO at SwissBorg. “We’re thrilled to see Hashi delivering innovative solutions that make this a reality.”
“The next phase of the industry’s growth will come from bringing larger pools of capital onchain through infrastructure institutions can actually trust,” said Samyak Jain, Co-Founder & CEO at Fluid. “Hashi gets this right: Bitcoin stays on its native chain while verifiable contracts make it productive as collateral. Fluid’s lending infrastructure is built to turn that into deep, capital-efficient Bitcoin-backed credit markets on Sui.”
These additions expand the growing consensus of many partners announced earlier this year that Sui is where Bitcoin finance will take flight, thanks to Hashi:
Custody & Wallet Access
BitGo: Institutional custody clients. Blockdaemon, Cobo, Fordefi (by Paxos): Institutional wallet and infrastructure providers. Cubist: Cross-chain collateral infrastructure and transfer engine. Ledger: Retail/institutional self-custody. SwissBorg: UHNW European retail/institutional asset management and wallet interface. Lending, Trading & Liquidity Providers
Bullish: Institutional digital asset platform supplying liquidity. Cumberland: Leading institutional crypto market maker and liquidity provider. Erebor: OCC-chartered bank providing liquidity. FalconX: Institutional prime brokerage supplying liquidity. DeFi & Lending Applications
AlphaLend, Bluefin, Current, Scallop, Suilend: Native DeFi protocols enabling retail lending and borrowing on day one. Fluid: Connecting lending, borrowing, liquidity and more financial products into a capital-efficient system. Navi: One of Sui’s largest and longest running DeFi protocols slated for Hashi lending. Vaults & Asset Management
Concrete by Blueprint Finance: Yield-infrastructure vault platform. Inveniam Capital: Real-World Asset (RWA) yield strategies. Wave Digital Assets LLC: SEC-registered investment adviser working with industry partners to facilitate the issuance of Bitcoin-collateralized bonds. Index Oracle, Insurance & Security Auditing
CF Benchmarks: Crypto index provider distributing pricing data via oracles. Soter Insure: Native, Bitcoin-denominated institutional insurance. Asymptotic, Certora, OtterSec: Smart contract security and formal verification auditors. The activation of the global testnet this July represents the ultimate rehearsal for fully changing Bitcoin Finance. This sandbox environment is designed for institutional engineers, Sui protocols and developers, and custody partners to test integration parameters, stress-test the code under simulated market volatility, and verify cryptographic integrity ahead of mainnet release.
Technical documentation and testnet access configurations will be hosted at https://www.sui.io/hashi.
About Sui
Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui’s primitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments. Users can learn more at sui.io.
Komunita Polkadot navrhuje převést 500 000 DOT z Treasury do tBTC během zhruba roku prostřednictvím Hydration Rolling DCA. Získané tBTC mají dodat likviditu do Hydration Omnipool.
The Polkadot community has engaged in discussions regarding a significant proposal aimed at diversifying its Treasury portfolio and supporting decentralized finance (DeFi) incentives within the ecosystem. In response to Referendum #1394, the proposal suggests converting 500,000 DOT from the Polkadot Treasury into Bitcoin’s tBTC within approximately one year. This conversion will be executed using Hydration’s “Rolling DCA” (Dollar Cost Averaging) mechanism. The acquired tBTCs will subsequently be added as liquidity to the Hydration Omnipool through the Threshold Network’s secure Bitcoin $60,761 bridge. The proposal is currently under forum discussion and has yet to be voted upon on-chain.
Creating a Bitcoin Reserve for the Polkadot TreasuryCentral to the proposal is the conversion of 500,000 DOT held in the Polkadot Treasury into tBTC. This process is not a one-time purchase but rather a year-long endeavor. Purchases will utilize the “Rolling DCA” feature offered by the Hydration protocol. This mechanism automates purchases in small increments over time, mitigating the impact of market volatility.
Altcoin Polkadot Bitcoin ReserveOnce the conversion is complete, the obtained tBTC assets will provide liquidity to the Hydration Omnipool. This liquidity addition utilizes a secure bridge technology developed by the Threshold Network, allowing users to bring their Bitcoin into the Polkadot ecosystem without involving third-party custodians. Proponents of the strategy argue that it will diversify Treasury assets and boost liquidity, thereby encouraging DeFi activities on the Polkadot platform.
Background and Expectations of the ProposalThe proposal emerged as a result of Referendum #1394, known as “Wish-For-Change,” which initiated debates concerning the governance of the Polkadot Treasury. A community member presenting the proposal highlighted Bitcoin’s performance as one of the strongest assets over the past decade. This provides an opportunity for Polkadot as a hedging strategy against uncertainties.
Furthermore, this move is viewed as a demonstration of the altcoin Polkadot’s belief in and support for a multi-blockchain future, presenting a clear message to the broader cryptocurrency market. The proposal holds the potential to pave the way for deeper integration of the Polkadot ecosystem with a major asset class like Bitcoin.
As discussions continue in the forum, the proposal is anticipated to be formally put to a chain vote early next week.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Binance announced that it has delisted the altcoins Acala Token (ACA), Tranchess (CHESS), Streamr (DATA), dForce (DF), Aavegotchi (GHST), and NKN (NKN).
02.02.2026 - 09:24
Update: 02.02.2026 - 09:24
Binance, the world’s largest cryptocurrency exchange, continues its altcoin delisting at full speed. After delisting many altcoins in January, Binance recently announced the delisting of six more altcoins.
Accordingly, Binance announced that it has delisted the altcoins Acala Token (ACA), Tranchess (CHESS), Streamr (DATA), dForce (DF), Aavegotchi (GHST), and NKN (NKN).
“At Binance, we conduct periodic reviews to ensure that every digital asset we list continues to meet high standards and industry requirements.”
….
Based on our latest assessments, we have decided to discontinue trading and delist the following token(s) in all spot trading pairs on 13.02.2026 at 03:00 (UTC):
ACA, CHESS, DATA, DF, GHST and NKN”
Following the delisting news, altcoin prices experienced significant drops.
“Spot trading pairs for these tokens will be discontinued.”
All trading orders will be automatically deleted after the transactions in the relevant trading pairs have ended.
Binance will discontinue its Trading Bot services for the aforementioned spot trading pairs on February 13, 2026 at 03:00 (UTC), where applicable.
Binance Spot Copy Trading will delist the aforementioned spot trading pairs on 06.02.2026 at 03:00 (UTC).
The value of the tokens in question will no longer be displayed in user accounts after delisting.
These tokens will not be credited to users’ accounts after 03:00 (UTC) on February 14, 2026.
Withdrawals of these tokens from Binance will no longer be supported after April 13, 2026, 03:00 (UTC). Delisted tokens can be converted to stablecoins on behalf of users after April 14, 2026, 03:00 (UTC).
*This is not investment advice.
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Binance ukončí margin páry DGB/BTC, TLM/BTC a VOXEL/BTC; izolované páry budou 8. července zastaveny a 8. července budou uzavřeny a odstraněny otevřené pozice.
Binance, one of the world’s leading crypto exchanges, has announced its intention to delist specific margin trading pairs involving Bitcoin (BTC). This move, slated for July 8, 2024, affects both cross and isolated margin trading pairs. Other affected cryptocurrencies include DigiByte (DGB), Alien Worlds (TLM), and Voxies (VOXEL).
Details On Latest Binance Delisting Moreover, this delisting specifically affects DGB/BTC and TLM/BTC in both categories with Bitcoin as the quote currency. Meanwhile, VOXEL/BTC pair will be removed from the isolated margin category. In a notice issued to its users, Binance specified that at 06:00 a.m. UTC on Sunday, July 7, 2024, the platform will suspend isolated margin borrowing on these isolated margin pairs.
Moreover, following this, at 06:00 (UTC) on July 8, 2024, Binance Margin will automatically close users’ positions. Thereafter, it will conduct settlements and cancel all pending orders on the affected trading pairs. Once this process is completed, these pairs will be permanently removed from margin trading on the platform.
The crucial aspect of this announcement is the role of Bitcoin as the quote currency in these pairs. In the trading world, the base currency is the first currency listed in a pair, and it is the commodity being bought or sold. The quote currency, in this case, Bitcoin, is the currency in which the base currency is priced. Hence, this means that users were trading DGB, TLM, and VOXEL, with Bitcoin as the measure of value.
This delisting decision impacts traders who prefer Bitcoin as the standard measure for their trades. It represents a significant adjustment for those who use Bitcoin’s relatively stable value as a benchmark against other, more volatile cryptocurrencies. By delisting these pairs, Binance potentially reduces the flexibility for users to trade lesser-known tokens against Bitcoin.
Also Read: Binance Labs Leads Major Funding Round For Bitcoin Wallet UniSat
Exchange’s Advise To Users For Avoiding Potential Losses Moreover, Binance advised its users to take necessary actions before the delisting process begins. The platform recommended that users close their positions and transfer their assets from Margin Wallets to Spot Wallets before the cessation of margin trading at 06:00 p.m. UTC on July 8, 2024. In addition, Binance emphasized that it would not be responsible for any potential losses incurred due to these changes, urging users to act promptly.
Despite the delisting, Binance assured users that the affected assets, DGB, TLM, and VOXEL, could still be traded on other available pairs within the Binance Margin platform. This implies that while the direct trading pairs with Bitcoin are being removed, there are still alternative avenues for trading these assets.
This move is part of Binance’s ongoing efforts to optimize its trading platform, ensuring a streamlined and efficient trading experience. The exchange continually reviews its product offerings to align with market demands and regulatory requirements. Moreover, it aims to provide the best possible service to its users worldwide. Thus, it regularly announces removal of pairs that lack in liquidity, market interest, and other factors.
Also Read: Binance Announce Delisting Of Key Crypto Pairs, Brace For Market Impact
Itaú Unibanco zpřístupnila svým více než 60 milionům klientů obchodování s BTC a ETH přes aplikaci Ion. Největší banka v Brazílii tak rozšiřuje nabídku kryptoměn po dřívějším spuštění pro vybrané klienty.
The bank’s 60 million customers can now buy BTC and ETH through the firm’s Ion app.
The largest banking institution in Latin America has opened the doors for all of its clients to get exposure to Bitcoin and Ethereum.
Itaú Unibanco, Brazil’s largest bank by assets under management, is now offering BTC and ETH trading to its more than 60 million clients. Users can access both tokens through the company’s Ion app.
In December 2023, Itaú launched the cryptocurrency trading platform for select clients. According to the firm’s Head of Digital Assets, Guto Antunes, the bank decided to expand its operations due to weekly surveys showing high demand for crypto services.
Although the company is only offering the two largest assets by market capitalization, the idea is to add support for other tokens in the future. "It starts with bitcoin, but our overarching strategic plan is to expand to other crypto assets in the future," Antunes said last year.
Institutions in Brazil have been relentlessly pushing the envelope when it comes to crypto services in the country. Alongside Itaú’s crypto trading platform unveiled last year, Brazilian neobank Nubank partnered with Circle to offer USDC access to the company’s 80 million customers.
Latin America is quietly becoming a regional powerhouse in terms of crypto adoption. Recently, a grassroots Argentinean organization called Crecimiento revealed plans to create a Crypto Silicon Valley in Buenos Aires. Across the Andes, Chile has been paving the way for friendlier regulation in terms of fintech companies, with the country approving a new financial technologies law in 2023.
And the region is one that desperately needs more financial inclusion. It is home to more than 650 million people, of which 122 million are unbanked, while citizens of several nations grapple with double and triple-digit inflation.
MMF potvrdil, že Salvador plní závazek nenakupovat Bitcoin v rámci fiskálního sektoru, i když podle Arkham dál nakupuje BTC. Program MMF je podle něj hlavně o širších strukturálních reformách.
An official from the International Monetary Fund (IMF) has confirmed that El Salvador is complying with an agreement to back away from using Bitcoin (BTC) as a reserve asset.
In a new press briefing, the IMF addresses a question from financial software company Ion Group asking how El Salvador is still accumulating BTC despite agreeing to stop making any more purchases as part of a loan agreement.
[adinserter block="1"]
El Salvador President Nayib Bukele pushed back against those conditions earlier this year, saying,
“’This all stops in April.’ ‘This all stops in June.’ ‘This all stops in December.’
No, it’s not stopping.
If it didn’t stop when the world ostracized us and most ‘Bitcoiners’ abandoned us, it won’t stop now, and it won’t stop in the future.
Proof of work > proof of whining.”
Data from the blockchain “de-anonymizer” Arkham shows that the El Salvador government has been acquiring one BTC every single day for some time.
But Rodrigo Valdes, the director of the IMF’s Western Hemisphere Department, says that despite these purchases, the country is still working within its “performance criteria” set forth by the IMF.
“In terms of El Salvador, let me say that I can confirm that they continue to comply with their commitment of non-accumulation of bitcoin by the overall fiscal sector, which is the performance criteria that we have. But on top of that, I think this is very important for the discussion in El Salvador.
The program of El Salvador is not about bitcoin. It’s much more, much deeper in structural reforms, in terms of governance, in terms of transparency. There is a lot of progress there. And also, on fiscal. And authorities have been making a lot of progress implementing the reform.”
Oraichain spustila beta verzi OraiBTC Subnet 19. března 2024, která poprvé přináší Bitcoin (BTC) do jejího ekosystému. Umožní vklady, výběry i swap BTC za ORAI.
Oraichain, an innovator in the integration of artificial intelligence with blockchain technology, has announced the highly anticipated Beta launch of its OraiBTC Subnet on March 19.
The development marks the first time Bitcoin (BTC) will be integrated into the Oraichain ecosystem, offering a decentralized bridge for seamless BTC deposits and withdrawals.
The Subnet is designed to facilitate the easy transfer of Bitcoin into and out of the Oraichain network, with users able to directly swap the asset for ORAI tokens and bridge BTC between the Oraichain and Bitcoin networks in both directions. In the future, it will also enable the transfer of BTC via IBC to many protocols throughout the Cosmos Ecosystem.
An emphasis has been placed on ease of use, with the aforementioned functionalities made accessible via the OraiDEX website and OWallet browser. The integration will empower developers to build faster and more powerful dApp experiences, particularly for holders of the world’s best-known and most valuable cryptocurrency.
The OraiBTC Subnet Beta launch provides an opportunity for users to actively participate in refining the platform’s features ahead of its full public release. In appreciation of their involvement, participants may also receive a special surprise, adding an extra element of excitement to the launch.
Built on the robust foundation of Nomic’s design, OraiBTC leverages advanced Bitcoin features such as Taproot and Schnorr signatures, as well as a dedicated validator set, all of which ensures the utmost safety and integrity of bridged assets.
The launch is a major step in Oraichain’s mission to become the go-to Layer-1 platform for AI-powered decentralized applications (dApps). By bringing Bitcoin into the Oraichain toolkit, the platform significantly expands the addressable market for AI dApp builders and offers greater versatility and potential for innovation.
The introduction of OraiBTC is a key component of Oraichain’s Mainnet 3.0 upgrade, which has implemented major changes to enhance speed and interoperability. Oraichain has recently reduced its block time to approximately 1 second, positioning it as one of the fastest networks in the Cosmos ecosystem and beyond.
The Oraichain team is currently focused on expanding its ecosystem, including through the development of GPU Staking. In addition to making significant investments in GPUs to support the AI applications running on the Oraichain mainnet, the Oraichain Foundation envisions GPU Staking as a novel approach to ensure that the value generated from increasing AI service demands directly benefits holders of ORAI tokens.
About Oraichain Oraichain is a permissionless Layer 1 for AI-powered dApps, developed to provide multidimensional Trustworthy Proofs of AI and data reliability. With its AI Oracle at the core, Oraichain is designed to provide a decentralized system for the delivery of AI-generated data to smart contracts, maximizing transparency for developers and consumers.
Website | X | Telegram | Discord | GitHub | Blog | Coinmarketcap | Coingecko
Metalpha (NASDAQ: MATH) začala přijímat vklady v Bitcoinu přes Zeus Network v síti Solana. Partnerství má posílit likviditu a bezpečnost cross-chain transakcí s Bitcoinem.
PANews reported on August 25th that Zeus Network has officially announced a strategic liquidity partnership with Metalpha (NASDAQ: MATH), enabling Bitcoin deposits through APOLLO, the first decentralized application (dApp) on Zeus Network. Metalpha, an institutional asset management firm focused on digital assets, has begun accepting Bitcoin deposits through the Zeus Network on Solana.
As part of this partnership, Metalpha will leverage Zeus Network's permissionless infrastructure as a liquidity provider, supporting network security through decentralized verification. The Metalpha team chose Solana to deploy Bitcoin liquidity because of its high-performance DeFi environment and highly active community. By providing Bitcoin to Zeus Network, Metalpha injects liquidity into Solana and strengthens the security of cross-chain Bitcoin transactions, seeking new avenues for sustainable on-chain yield generation. As Solana becomes a major hub for institutional-grade digital asset innovation, Zeus Network is expanding its ecosystem to ensure that Bitcoin liquidity remains fundamental to DeFi growth. Leveraging Metalpha's expertise in structured financial products and risk management, this partnership is expected to enhance the financial capabilities of the Solana network and Bitcoin as an asset, adding fuel to the already booming DeFi market.
Justin Wang, co-founder and CEO of Zeus Network, said: “With Metalpha joining Zeus Network as a liquidity provider, we can leverage their experience in digital asset management to continue developing more accessible and scalable Bitcoin liquidity solutions for institutional Bitcoin holders.”
Investoři už stakovali 2,8 milionu NEX, zhruba 8 % obíhající nabídky, aby získali podíl z poplatků Nash Exchange. Spuštění MVP ale nezastavilo výprodej, NEX klesl z 2,40 USD na asi 1,70 USD.
Investors are rushing to stake Nash Exchange (NEX) tokens, in order to maximize returns from the exchange’s fee-split model.
The address for Nash’s staking smart contract has seen a sharp surge in its balance. More than 700,000 NEX has been added to the wallet since Monday, when Nash went live. That takes the total number of staked NEX tokens up to 2.8M, which is roughly 8% of the circulating supply.
NEX tokens staked in the NASH staking smart contract. Source: NEOSCAN. Creators describe Nash as a ‘distributed finance‘ platform. In addition to the usual trading facilities found in a DEX, users can also make payments in cryptocurrencies through NashPay.
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Nash’s matching engine was built on the NEO blockchain, but cross-chain integrations allow communications with other protocols. All five Nash founders participated in the ‘City of Zion’ decentralized developer community, and are reportedly still involved in developing NEO infrastructure.
But the project is “not dependent on the NEO network,” said Co-founder Fabio Canesin in April. The exchange has already incorporated scripting protocols for Bitcoin (BTC) and Ethereum (ETH).
Crypto Briefing first wrote about Nash when the project announced its ICO, to be held in early 2018. But the offering was delayed pending regulatory approval from Liechtenstein’s Financial Market Authority (FMA). Originally scheduled for Q1, the ICO was launched in September of 2018.
An MVP (Minimum Viable Product) for the exchange went live on Monday, allowing token holders to stake NEX tokens to receive a share of the trading fees. The staking rewards increase according to how long the tokens have been staked.
But the long-awaited launch failed to halt a considerable sell-off of NEX tokens, whose prices began to sink yesterday. After rising to $2.40 per token on Monday, they traded at approximately $1.70 at the time of writing.
Disclosure: This article was edited by Paddy Baker. For more information on how we create and review content, see our Editorial Policy.
Sovryn se rozšiřuje na Ethereum s pomocí Build on Bitcoin a prvním projektem bude DEX 2.0. Má nabídnout nižší gas fees a rychlejší transakce než Uniswap.
Bitcoin DeFi app Sovryn is expanding to the Ethereum blockchain with the help of hybrid layer-2 network developer Build on Bitcoin, the two companies announced on Thursday.
Sovryn is a decentralized platform launched at the end of 2020 that offers lending, borrowing, and margin trading through smart contracts in the Bitcoin ecosystem. Built as a DAO on the Bitcoin sidechain Rootstock (RSK) that allows for the creation of smart contracts, Sovryn has been working to enhance Bitcoin with advanced DeFi capabilities.
The first project that Sovyrn will launch on Build on Bitcoin is a decentralized exchange (DEX) called Dex 2.0. The group claims this project will come with lower gas fees and faster transactions than competitors like Uniswap, and “unparalleled capital efficiency.”
“We've known Sovryn for a long time, and they've definitely been spearheading a lot of the early DeFi work in the Bitcoin space,” Build on Bitcoin co-founder Alexei Zamyatin told Decrypt. “Egan was the first person I called up when we started working on [Build on Bitcoin], trying to get him excited about expanding the Sovryn ecosystem and also trying to learn about the struggles they had.”
A layer-2 protocol refers to technology designed to mitigate congestion on a blockchain by creating a secondary chain that works in conjunction with the main network. For example, the Lightning Network is a layer-2 micropayments protocol for Bitcoin. Other examples of layer-2s include Arbitrum and Optimism on Ethereum.
"With Build on Bitcoin, you can use 350 [Ethereum Virtual Machine] wallets," Zamyatin said. "For the layman, that means you can pick almost any wallet; it doesn't necessarily need to be Bitcoin only or deal with UTXOs. It makes the whole thing much more user-friendly."
In January, Sovyrn launched BitcoinOS, which uses what the company called “sovryn rollups” to create a foundational layer for decentralized apps (dapps) on Bitcoin.
“By joining forces with BOB, we are not only expanding Sovryn's reach but also creating a DeFi ecosystem that is accessible to millions of Bitcoin users worldwide,” Sovryn co-founder Egan Yago said in a statement.
On Sovryn’s Dex 2.0, Zamyatin explained, users can select different networks via the user interface, such as the BOB Ethereum layer-2 protocol. He noted that the selection process is similar to choosing between Ethereum, Optimism, and Arbitrum on Uniswap.
When asked why developers are focused on bringing DeFi to Bitcoin, Zamyatin said it was because of Bitcoin's reliability.
"Bitcoin is the backbone of the entire Web3 ecosystem. If Bitcoin falls, everything else falls, if everything else breaks Bitcoin is still there," he said. "I think that is one of the main properties of Bitcoin—it's stable and robust. Bitcoin is predictable."
With renewed interest in the number-one blockchain by market capitalization stemming from projects like Ordinals and the approval of Bitcoin ETFs, Zamyatin is optimistic about the future of Bitcoin development.
“Bitcoin had its harsh times when nobody wanted to really engage with it,” Zamyatin said. “We both had a feeling that it was going to have a renaissance, and luckily, we were right.”
Edited by Ryan Ozawa and Andrew Hayward
Editor's note: This story was updated after publication to clarify descriptions of Sovryn and Build on Bitcoin.
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Bitcoin futures na CME přešly na nepřetržité obchodování, takže už nevznikají nové CME gapy. Pro tradery tím končí osmiletý signál, který často předpovídal krátkodobý pohyb ceny.
Bitcoin (BTC) starts its first full trading week with no new CME futures gap on the chart. The shift ends an eight-year market quirk that traders relied on to forecast short-term price targets.
The Chicago Mercantile Exchange (CME) moved its regulated cryptocurrency futures and options to around-the-clock trading on May 29. The change removed the weekend closure that had produced visible price gaps since Bitcoin futures launched in December 2017.
Why the CME Gap Mattered for Bitcoin TradersFor nearly nine years, CME Bitcoin futures closed every weekend while spot exchanges and offshore perpetual markets kept trading.
Any weekend move produced a chart gap when futures reopened. Price often returned to fill it within days or weeks.
Historical fill rates ranged from 70% to more than 90%. The pattern became one of the most watched short-term signals in crypto.
The structure also frustrated institutions, which could not adjust hedges over weekends on a regulated venue.
Bitcoin CME Futures. Source: X/Daan Crypto Trades “BTC Closed last weekend’s CME gap and is now trading in the big area between the other few remaining gaps. This weekend, 24/7 trading starts for the Bitcoin CME futures so there won’t be any new gaps created anymore going forward. The ones left standing will of course still sit there on the chart,” wrote analyst Daan Crypto Trades.
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What Changes Under Continuous TradingCME now runs Bitcoin, Ether (ETH), Solana (SOL), and six other contracts continuously. Daily maintenance windows run two minutes on weekdays and two hours on Saturdays.
The shift gives portfolio managers, ETF issuers, and corporate treasuries a regulated channel to hedge weekend exposure in real time.
“Client demand for risk management in the digital asset market is at an all-time high, driving a record $3 trillion in notional volume across our Cryptocurrency futures and options in 2025,” read an excerpt in the announcement, citing Tim McCourt, CME Group’s Global Head of Equities, FX and Alternative Products.
The expansion follows record activity across CME crypto products during 2025.
Bitcoin Volatility futures, a new contract tracking 30-day implied volatility, are scheduled to debut on June 1.
Where the Market Sits NowBTC traded near $73,441 on Sunday, down 3.7% on the week, after the quietest weekend in recent memory.
Bitcoin (BTC) Price Performance. Source: BeInCryptoThree legacy gaps stay open on the chart. Two sit above current price near $78,500 and $80,000, and one below in the $67,000 to $70,000 zone.
THE CME GAP ERA JUST ENDED🧵
CME Bitcoin futures will now trade 24/7 just like perps.
But $BTC still has 3 UNFILLED gaps left:
• $80K
• $78.5K
• Below $70K
And this is going live during active war tensions.
Here's what changes for you as a trader. pic.twitter.com/3bXlLx7hGV
— Wise Advice (@wiseadvicesumit) May 29, 2026 Whether those gaps still pull price action under continuous trading is the first real test of the post-gap era.
Early CME volume and open interest on Monday will signal how quickly institutions adapt their playbooks.
South Korea-based cryptocurrency exchange Upbit has announced new market support for the digital asset Clearpool (CPOOL). The exchange announced that CPOOL will be listed on KRW (Korean Won), BTC (Bitcoin), and USDT (Tether) trading pairs.
Upbit Announces New Market Support for Clearpool (CPOOL) According to the statement, CPOOL deposits and withdrawals will become active within 1 hour and 30 minutes of the announcement. CPOOL spot transactions will begin at 4:30 PM on October 22nd.
CPOOL will be traded on the Ethereum network. Upbit emphasized that users should carefully select the correct network before depositing assets. It warned that assets sent via different networks may not be processed and that the refund process may take longer.
During the new listing, various trading restrictions will be implemented to counter market volatility:
Buy orders will be closed during the first 5 minutes after the trade is opened.
Sell orders cannot be placed 10% below the previous day's closing price.
Only limit orders will be accepted for 2 hours after the start of trading.
Clearpool operates as a decentralized lending marketplace offering collateral-free lending to institutional investors. The project aims to strengthen the bridge between traditional finance and DeFi (decentralized finance). The platform provides institutional lending infrastructure through various products, including PayFi Vault, USDX Treasury Pool, Dynamic, and Prime lending pools.
The CPOOL token is used for staking, governance, and incentive mechanisms on the network.
With this move, Upbit aims to expand access to DeFi-based lending protocols and increase liquidity options for institutional users.
*This is not investment advice.
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Americké spotové Bitcoin ETF zakončily den v minusu 68,18 milionu USD, protože odlivy z IBIT a GBTC převážily silné nákupy ARKB a FBTC. ARK a Fidelity přesto dohromady přilákaly 121,38 milionu USD.
On June 22, 2026, the US spot Bitcoin ETF market recorded net outflows of $68.18 million. This decline is explained by massive redemptions on BlackRock’s IBIT and Grayscale’s GBTC. These outflows completely overshadowed the positive performance of Ark Invest (+$64 million) and Fidelity (+$57.38 million). Above all, it reflects a strong polarization among institutional investors.
In Brief Bitcoin ETFs show a net loss of $68.18 million during the June 22, 2026 session. Ark Invest (ARKB) and Fidelity (FBTC) nonetheless attracted a combined inflow of $121.38 million, proving continued buying demand. Ethereum funds also recorded a decline of $66.38 million, while Bitwise’s XRP gained $5.31 million. The total net assets under management of Bitcoin ETFs reach $80.22 billion, confirming the structural anchoring of these products in institutional portfolios. Bitcoin ETFs Remain Under Pressure Despite Some Positive Signs At first glance, the session on June 22, 2026, in the US spot Bitcoin ETF market looks like an ordinarily bearish day. Analysts also reveal a record withdrawal of $6.35 billion over 30 days. However, SoSoValue’s data highlights a more complex reality: never before has a day in negative territory hidden so many active institutional purchases.
ARK & 21Shares lead the charge with $64 million in net inflows into their ARKB fund, closely followed by Fidelity’s Bitcoin ETF, which captured $57.38 million. Together, these two issuers have absorbed over $121 million in spot bitcoin.
Chart showing the evolution of Bitcoin ETF flows (Source: SoSoValue) Additional inflows include:
Grayscale Bitcoin Mini Trust: +$48.14 million Morgan Stanley’s MSBT: +$8.11 million Franklin Templeton’s EZBC: +$3.72 million WisdomTree’s BTCW: +$3.40 million In total, the aggregated demand from six ETF issuers exceeded $228 million. This represents one of the largest coordinated buying days in several weeks.
The Weight of BlackRock and Grayscale Tips the Bitcoin ETF Market Certainly, the buyer base remains solid. However, the Bitcoin ETF market was overwhelmed by extreme concentration of outflows on two specific investment vehicles.
The main culprit of this institutional Black Monday is BlackRock’s IBIT (iShares Bitcoin Trust). The asset management giant suffered massive outflows of $171.96 million in a single session. It had just launched the first-ever yield-bearing Bitcoin ETF.
Meanwhile, the GBTC (Grayscale Bitcoin Trust) records a disinvestment of $80.96 million. The manager tries to offset these losses through its Mini Trust. However, the historically high management fees of GBTC structurally encourage early investors to migrate to more competitive structures or take profits.
Beyond Bitcoin: Ethereum Stumbles, While XRP Surprises The spot Ethereum ETFs had an even tougher day. The data reveal a net loss of $66.38 million, almost entirely attributable to BlackRock’s ETHA fund. The only positive inflow on Ethereum that day came from 21Shares’ TETH, with $346,070 of inflows. The total net assets of Ethereum ETFs stand at $9.44 billion, with a daily volume of $433.10 million.
For crypto assets alternative to bitcoin, the XRP ETFs are the only source of color in an overall red picture. Bitwise captured $5.31 million, bringing the total net assets of the XRP category to $993.29 million. This represents a symbolic drop of $7 million from the billion-dollar mark. A threshold to watch in the coming sessions!
The Solana and HYPE ETFs remained completely inactive on this day. Solana’s assets stand at $836.09 million, and HYPE’s at $219.58 million.
In any case, this trading session highlights the end of the homogeneity of institutional flows on cryptocurrencies. Upcoming flow reports and US monetary policy decisions will be crucial to determine whether this phase of weakness marks a simple pause or the beginning of a new cycle for Bitcoin ETFs. Stay tuned…
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Ariela R.
My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
