At current staking levels, the proposal could channel as much as 76,000 ETH ($131.6 million) into ecosystem development. A new Ethereum funding proposal would allow validators to redirect up to 10% of staking rewards toward ecosystem development if a majority of validators agree to the change. The idea has reopened debate over how Ethereum…
Tesla, one of several businesses owned by now-trillionaire Elon Musk, has been implicated in another deadly crash involving the vehicles’ autopilot driving mode. On June 19, a driver in a Tesla Model 3 crashed into a Texas home, killing a 76-year-old female resident. According to Harris County Sheriff’s authorities, the driver was using “an automated driving…
Key Takeaways Allunity launched SEKAU, a MiCA-regulated SEK stablecoin backed 1:1 by reserves. Banking Circle and Marginalen Bank support SEKAU as Europe’s stablecoin market grows. SEKAU launches on 5 chains in 2026, targeting institutional payments and settlement. Allunity Targets Institutional Payments With New Swedish Krona Stablecoin Allunity is expanding its European stablecoin lineup with the…
Bitmine has purchased another 52,203 ETH worth about $90 million, bringing its holdings to 4.7% of Ethereum’s total supply. Summary Bitmine purchased 52,203 ETH worth about $90 million, lifting its holdings to 4.7% of Ethereum’s supply. Tom Lee said the company remains close to its 5% ETH ownership target despite challenging market conditions. Staked ETH…
Meta is pausing a divisive employee tracking program after an internal security issue exposed potentially sensitive data collected through the initiative to other workers. “We have carefully designed this program with privacy safeguards and while we have no indication at this time that any data was improperly accessed by Meta employees, we’re pausing it while…
In Morgan Stanley ETF news, the asset manager filed amended S-1 registration statements with the SEC on June 18, 2026, for spot Ethereum and Solana ETFs, both priced at a 0.14% annual sponsor fee, undercutting every existing US competitor in both categories. The filings also introduce staking provisions that turn these into yield-generating instruments rather…
Microsoft and Chevron announced plans on Monday to develop a 2.67-gigawatt natural gas power plant in West Texas to serve the tech company’s AI and cloud data centers. Under the 20-year power purchase agreement, the plant will provide dedicated electricity to a Microsoft-operated data center. Two large GE Vernova turbines will generate most of the…
Key Takeaways Federal Reserve rate expectations are widening performance gaps between bitcoin, equities, and gold, making monetary policy a key factor in recent market moves. Equities are up 9%, while bitcoin is down 1% and gold has fallen 20%, a period that coincided with rising rate expectations. Grayscale says bitcoin combines monetary traits with blockchain…
Here’s the scenario in which BTC could plunge to $24,000. Diplomatic efforts between Iran and the United States showed early signs of progress after senior officials from both countries held talks in Switzerland. Mediators from Qatar and Pakistan said the discussions were constructive, as both sides agreed to a 60-day timeline to secure a…
Sixteen years after Bitcoin’s pseudonymous creator offered what may be the protocol’s most enduring philosophical aside, the crypto community is revisiting its implications with new data and renewed urgency. The discussion happened on June 21, 2010, in a Bitcointalk thread called “Dying bitcoins.” A user had asked whether forgotten wallets meant the network would shrink…
