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Base is moving away from Optimism’s ‘OP stack’ in a major technology shift

Coinbase’s Ethereum layer-2 network, Base, is changing the technology that powers it, stepping back from relying on Optimism’s OP Stack, the toolkit it originally launched on. In a blog post titled “The Next Chapter for Base,” the team said it plans to take more control over its own code and infrastructure. Instead of relying on […]

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Ethereum 50% stake figure from Santiment receives criticism from researchers

Ethereum has crossed a symbolic threshold, with more than half of the total ether (ETH) issued now contained in its proof-of-stake (PoS) contract for the first time in the network’s 11-year history, Santiment said in a post on X that has been met with criticism. The Onchain research firm said on Tuesday that 50.18% of

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BTC is holding in a tight range, but COIN, CRCL, IREN and RIOT are enjoying gains

Bitcoin BTC$67,064.47 can’t seem to pick a direction, swinging wildly in the early hours of Wednesday’s US session with dips quickly bought and bounces erased just as quickly. As BTC lost its overnight push above $68,500, BTC dumped below $67,000 at the start of US trading. Buyers quickly stepped in and brought a sharp pullback

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BTC to hit new highs as Fed reacts to AI-related credit collapse

BitMEX co-founder Arthur Hayes says bitcoin’s BTC$68,065.97 the recent 52% crash from its October peak is flashing a critical warning signal – but the crypto could eventually soar to new highs as the Federal Reserve reacts to an AI-driven banking crisis he believes is imminent. In his latest essay, “This Is Fine,” Hayes argued that

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Hyperliquid launches US DeFi lobby group with $29 million HYPE token backing

Hyperliquid (HYPE), a blockchain-based exchange that processed more than $250 billion in perpetual futures trading last month, has launched a US lobbying and research arm aimed at shaping how lawmakers regulate decentralized finance (DeFi). The Hyperliquid Policy Center, a Washington, DC-based nonprofit, will focus on regulatory frameworks for decentralized exchanges, perpetual futures and blockchain-based market

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US crypto investors are scared, confused by this year’s new IRS transaction reporting

A recent poll of 1,000 US investors in digital assets found that over half fear they will face an IRS tax this year as new transparency rules for crypto exchanges take effect. The data collected at the end of January by the crypto tax platform Awaken Tax examined the concerns of US holders about a

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The DAO’s second act focuses on security with $150 million

In the summer of 2016, the decentralized autonomous organization known as the DAO became the defining crisis of Ethereum’s early years. A smart contract exploit scooped up millions of dollars worth of ether (ETH) from the initial project, and the community’s response — a controversial hard fork to recover those funds — split the original

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Crypto mortgage lender Milo exceeds $100 million in home loans

Milo, an American cryptocurrency lending company specializing in crypto-backed mortgages, has originated over $100 million in home loans, including the company’s largest single transaction to date, a $12 million crypto mortgage. The firm, which holds mortgage originator licenses in ten US states with more to follow, has a perfect track record of zero-margin calls across

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Bitcoin Stuck In Tight Range; WLFI rallies ahead of crypto forum

The crypto market continues to trade within a tight range on Wednesday with bitcoin BTC$67,521.65 up 0.9% to around $68,000 since midnight UTC. The major cryptocurrency has held between $65,100 and $72,000 since February 6 as market volatility has reduced following a February 5 selloff that took BTC to its lowest point since October 2024.

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