Fierce backlash to Ethereum’s EIP-8363 staking proposal
Ethereum’s proposed EIP8363 staking overhaul aims to reduce issuance, but critics say it could hurt DeFi, decentralization and institutional adoption.…
Yen stablecoin issuer JPYC’s Series B reaches $38M
JPYC said it plans to use the new capital to expand its financial and Web3 ecosystem and accelerate adoption of its yenpegged token. Source：Cointelegraph
Tokenized gold passes DeFi stress test, but less than 2% is used as collateral
A RedStone report found tokenized bullion held up during gold’s sharp selloff, but DeFi lending adoption remains limited despite surging market growth and…
Ethereum enters its second decade after a year of upheaval at the foundation
Few periods in Ethereum's 11year history have brought as much change, from leadership shakeups at the Ethereum Foundation to institutional adoption, as the…
Tether Gold recognized as Accepted Spot Commodity in Abu Dhabi financial center
The recognition allows regulated firms in Abu Dhabi Global Market to offer services involving Tether Gold as tokenized commodities gain broader adoption.…
Kraken says simpler options can unlock crypto's next derivatives market
The Wyomingbased firm launched USDsettled bitcoin and ether options, saying product design, not demand, has held back adoption. Source：CoinDesk
Base’s social bet left it trailing in prediction markets and perps: Pollak
Base creator Jesse Pollak is stepping back from leadership of the Base App after admitting he was “definitively wrong” to bet on social experiences driving…
Franklin Crypto CIO says crypto prices are disconnected from fundamentals
Institutional adoption of crypto is accelerating even as digital asset prices fail to reflect the industry's strongest fundamentals in years, Seth Ginns said.…
Ether climbs toward $2K as Bitmine buys ETH, Robinhood L2 boost
ETH charts a path toward $2,000 as TradFi adoption, DAT buying and a longawaited network upgrade boost investor interest. Source：Cointelegraph
Ethereum backers launch nonprofit to lead institutional adoption efforts
Backed by Joe Lubin, BitMine and SharpLink, the independent organization will serve as a liaison for financial institutions exploring Ethereum as competition…
Ethereum gets a new nonprofit focused on institutional adoption
The launch comes as the Ethereum Foundation narrows its focus to stewarding the core protocol, with independent organizations like EthLabs emerging to take on…
Binance booted from EU, EthLabs rises up to save Ethereum: Hodler's Digest June 14-28
BitMine and Joe Lubin back a new non profit called Ethlabs that aims to spur adoption. Binance shutters services in Europe after failing to secure a license.…