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Author: Vickie Helm
Disclosure: The views and opinions expressed herein belong solely to the authors and do not represent the views and opinions of crypto.news editorials. Over the past two years, the Bitcoin (BTC) ecosystem has seen a proliferation of “layer 2s” that claim to bring decentralized finance to the world’s oldest blockchain network. Although many Bitcoin enthusiasts had high hopes for these protocols, the results have been disastrously disappointing. summary Most “Bitcoin L2” is not L2 at all. It is a sidechain with a bridge, a new token, and a weak security model that does not inherit Bitcoin’s base layer guarantees. Token-first…
Investigators say the reservists are suspected of having access to classified information through their military service and using it to bet on future military operations. Israeli authorities have indicted an Israeli Defense Forces (IDF) reservist and a civilian for allegedly using classified military information to place bets on the popular prediction market platform Polymarket. Israeli authorities have indicted an Israeli Defense Force reservist and a civilian for allegedly misusing classified military information to place bets on the prediction market platform Polymarket, according to the Times of Israel. Use of confidential information The indictment is the result of a joint investigation…
ETHZilla (NASDAQ: ETHZ) on Thursday officially launched its first tokenized aviation product, offering investors a stake in a leased commercial jet engine. The new Eurus Aero Token I marks the company’s strategic shift from operating strictly as a crypto treasury to managing on-chain real-world assets (RWA). This offering provides accredited investors with a partial ownership interest in two CFM56 jet engines currently leased to a major U.S. airline. By leveraging the Ethereum Layer 2 network Arbitrum, the company aims to democratize access to institutional-grade aviation finance, a sector typically reserved for private equity and institutional credit markets. This initiative is…
Ethereum continues to trade below the important $2,000 level, reflecting sustained market pressure as traders await a clearer directional catalyst. Unable to regain this psychological threshold, sentiment remains cautious, volatility has increased and the liquidity situation remains uncertain. While the price trend has stabilized to some extent after the recent selloff, the broader structure suggests the market is bracing for a decisive move that could determine Ethereum’s near-term trajectory. Related books A recent CryptoQuant report provides important context showing that the Ethereum market is experiencing one of the most prolonged periods of stress since mid-2021. According to the data, the…
Trustworthy editorial content reviewed by industry-leading experts and experienced editors. Advertising disclosure David Schwartz, Ripple’s former CTO and one of the original architects of the XRP ledger, poured cold water on the idea of returning to Bitcoin development this week, calling Bitcoin “almost a technological dead end” in a response that quickly bounced back amid the cryptocurrency’s never-ending decentralization debate. This exchange began as a dispute over history and governance. On February 9, X user Bram Kanstein claimed that XRP’s early “genesis reset” (often described as treating the 32,750th XRP block as a kind of starting point) was indicative of…
BlackRock executive Nicholas Peach said even a small shift in Asia’s portfolio allocation toward cryptocurrencies could generate massive inflows into the digital asset market. According to a report by CoinDesk, during a panel discussion at Consensus Hong Kong, Peach noted that nearly $2 trillion of new capital could flow into the space if advisors recommended just 1% of crypto allocations across standard portfolios in Asia. Pointing to the size of household wealth across the region, with total assets estimated at approximately $108 trillion, Peach argued that even modest adjustments to traditional investment models could have a significant impact on the…
Bitcoin (BTC) saw flash volatility near the Wall Street open on Wednesday as the US jobs report came in much better than expected.Important points:Bitcoin is looking to salvage the day’s losses on the back of strong US non-farm employment data.Mixed signals result in diversified reactions of risk assets to numbers.Bitcoin traders remain wary of further declines in BTC prices.Analysis: Fed interest rates paused for “continuation”According to TradingView data, BTC price soared to nearly $69,000 before quickly falling back, recording daily losses widening by more than 4% at the time of writing. BTC/USD 1 hour chart. Source: Cointelegraph/TradingViewU.S. non-farm payrolls were…
U.S. credit card balances reached $1.28 trillion by the end of the fourth quarter, with debt increasing by $44 billion in three months, according to data released Tuesday by the New York Fed. summary The increase reflects increased reliance on credit cards as household budgets remain under pressure. The balance increased by 5.5% compared to the previous year. The numbers are part of the Fed’s quarterly Household Debt Report, which tracks credit cards along with mortgages, auto loans and student loans. The numbers show credit card debt is at an all-time high for U.S. consumers. The quarterly increase reflects increased…
Interactive Brokers, the global electronic brokerage firm, is expanding its cryptocurrency futures offering through a partnership with Coinbase Derivatives, the futures division of the CFTC-regulated digital asset exchange. The partnership introduces nano-sized contracts for Bitcoin and Ether, designed to reduce capital requirements for traders seeking exposure to cryptocurrency derivatives without committing to a full-size position. The move comes amid IBKR’s broader expansion into the crypto market. In mid-January, the intermediary enabled stablecoin funding, allowing customers to deposit USDC and other regulated stablecoins. The combination of stablecoin infrastructure and perpetual-style derivatives represents a strategic shift for IBKR, which has traditionally focused…
After months of bipartisan negotiations, Congress continues to debate the Cryptocurrency Market Structure Act, but questions remain about whether the new federal framework for digital assets will include common-sense investor protections. These proposals address fundamental issues aimed at providing the clarity needed for digital asset markets, including government agency jurisdiction, and trust and confidence for mainstream adoption in modern markets. While negotiations have sometimes broken down over stablecoin yields, clauses on decentralized finance, developer liability, and the importance of investor protection measures have proven equally divisive. The GENIUS Act prohibits stablecoin issuers from paying interest, recognizing that interest payments convert…