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Alby, a Bitcoin Lightning Network wallet, is facing mounting criticism after several users reported unexpected withdrawals from their accounts.
The deductions, described as inactivity fees, have raised concerns about transparency and custodial risks.
Community complaints against Alby
The controversy gained traction on June 10 after Yu Xian, co-founder of blockchain security firm SlowMist,...
CME’s Bitcoin futures and options structure has become increasingly condensed and cautious, with the vast majority of notional exposure now expiring within the next four weeks.
At the same time, the annualized basis curve has flattened to its narrowest level since April, offering minimal incentive for arbitrage-driven carry trades and limited insight into longer-term market expectations.
On June...
Cardano has taken a new step in bridging the gap between Bitcoin and decentralized finance by launching Cardinal. This protocol allows the top blockchain network to interact with Cardano’s DeFi ecosystem.
Cardano founder Charles Hoskinson highlighted the release on June 9, sharing a post from Roman Pellerin, Chief Technology Officer at Input Output Global (IOG), the development arm behind Cardano...
Staked ETH has reached a new all-time high of 34,824,875 ETH. The total represents 28.15% of the Ethereum supply now locked in staking contracts.
The validator count stands at 1,088,277, and staking activity is pushing upward after a period of consolidation and a brief decline earlier in the month.
Staked Ethereum (Source: Beacon Chain)
Lido remains the leading staking entity, with 8.94 million...
Solana rallied from $147.99 to $161.21 in the four days ending June 10. The move contrasts with the trend seen over the previous 30 days, where SOL slipped by nearly 2% as volatile macroeconomic conditions weighed on the altcoin market.
The resurgence follows last week’s flash crash that briefly drove the price down to $141, shaking out overleveraged traders and exposing a fragile liquidity...
World Liberty Financial (WLFI), a DeFi venture linked to US President Donald Trump, has drawn a $7.5 million USDT loan through the Aave lending platform.
On June 10, blockchain analytics firm Onchain Lens reported that WLFI supplied assets worth more than $52 million to Aave. This included 7,900 Ethereum (ETH) valued at $21 million, 162.69 Wrapped Bitcoin (WBTC), and 5,010 staked Ethereum (stETH...
Two new Coinbase ads recently hit U.S. screens, reviving crypto’s populist pitch at a time when inflation is stubborn, Bitcoin is soaring, and Americans are once again talking about “building.”
One spot reframes Bitcoin as “money from the future,” while another shows how a U.S. home’s price has dropped from 30,000 BTC to just 5 BTC in little over a decade. It’s part cinematic flourish, part...
Ripple is scaling up its global blockchain education efforts with a fresh commitment of more than $5 million in funding to universities across the Asia-Pacific (APAC) region, according to a June 10 statement.
The crypto payment company stated that the investment will be channeled through Ripple’s University Blockchain Research Initiative (UBRI), targeting institutions in South Korea, Japan,...
Societe Generale-FORGE (SG-FORGE), the crypto-asset arm of French banking giant Societe Generale, has announced the launch of a new U.S. dollar-pegged stablecoin, the USD CoinVertible (USDCV), set to operate natively on both the Ethereum and Solana public blockchains.
The launch marks SG-FORGE’s second stablecoin initiative, following the EUR CoinVertible (EURCV) release in April 2023. Like its...
Ripple’s stablecoin RLUSD expanded its circulating supply by 29% in the week ended June 8, adding $72.5 million and closing at $320.6 million.
The movement marks the first time the token’s float crossed the $300 million threshold. Additionally, it represents a sixfold increase since the launch of RLUSD on Dec. 17, 2024.
Data from Artemis shows the additional issuance coincided with a 38% increase...