Author: NBTC
A year ago, restaking was one of the hottest areas of crypto, and projects like EigenLayer were heralded as the next big thing. Fast forward to mid-2025 and total value locked (TVL) has fallen across the sector and the hype that surrounded point farms has withered away. Through it all, Ether.fi, the market leader, has stayed steady, helping users generate yield through liquid staking tokens (LSTs) that can be staked across the decentralized finance (DeFi) ecosystem. Now, Ether.fi is looking to expand with plans to become a neobank for crypto companies and users. Ether.fi’s dominance Ether.fi, which is based in…
Solana (SOL) vesting contracts will unlock 11.16 million SOL on March 1, worth over $2 billion at current prices. This will come from tokens previously bought and later sold by the defunct exchange FTX, part of the bankruptcy process. As informed in a Blockworks newsletter, “the FTX estate sold off a number of still-locked tokens to investors at a significant discount to the market price,” after the exchange went bankrupt. Data from Messari shows that the FTX Estate has 11.2 million SOL to be unlocked, including March 1’s event. This upcoming unlock amount represents over 2.2% of Solana’s circulating supply…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Stablecoins have become an integral part of the digital asset ecosystem, reaching $15.6 trn in annualized transaction volume in 2024 (119% and 200% of VISA and Mastercard, according to ARK Invest) and now seamlessly bridge traditional finance with blockchain-based transactions. However, concerns over transparency, security, and regulatory oversight have long surrounded the industry. You might also like: US leadership in crypto: The focus is on stablecoins | Opinion To address these concerns, the European Union has introduced…
Barclays has become the latest major financial institution to jump on the Bitcoin ETF bandwagon, reporting a new position in the iShares Bitcoin Trust (IBIT) in its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The UK-based bank now holds 2,473,064 shares of IBIT, valued at $131 million as of December 31, as per the Thursday filing. The purchase took place during the fourth quarter, spanning October to December, and coincides with the post-election surge in the Bitcoin price, which is now trading at a price of $97,030.17, up 0.8% over the past day, per CoinGecko data.…
When a DeFi user loses 14 ETH (~$33,000) due to a faulty oracle update, who takes responsibility? If you ask Morpho, Pyth Network and Re7 Labs, the answer is: no one. That’s exactly what happened in early March when “jameis” — a user of an Re7 vault on Morpho — found their cbETH-backed loan liquidated due to a price feed delay between Pyth’s cbETH/USD and ETH/USD feeds. While ETH’s price kept updating, cbETH’s remained frozen for nearly an hour. The result? A price ratio distortion that triggered liquidations, even though the cbETH/ETH ratio never actually diverged in reality. The blame…
Cardano founder Charles Hoskinson has asserted that ADA, Ethereum, and XRP, sometimes referred to as dinosaur coins, will likely be the big winners in this current market cycle. Hoskinson expressed this view in a Gokhstein Media podcast episode released on Thursday, February 13, where he discussed the state of the market and his outlook. Speaking to show host David Gokhstein, he asserted that the bull market was far from over. To bolster his view, the Cardano founder cited the ease with which the crypto market recovered from capital flight and liquidations on February 3, a previous bearish spell which resulted…
According to crypto journalist Eleanor Terrett, the SEC’s cryptocurrency Task Force will hold a roundtable discussion with crypto industry leaders on Friday, March 21. Terrett reported that he obtained this information from his own inside sources. However, he recently confirmed the meeting with the SEC in a statement, giving details about the meeting that would last approximately four hours. The talks, which will be held in a series of meetings rather than a single meeting, were officially named “Spring Sprint Towards Crypto Clarity”. According to Terrett, the topic of the first meeting will be “the definition of security classification,” which…
Bitcoin miners are facing renewed financial pressure as declining transaction fees and a hashprice drop push operational costs higher, according to TheMinerMag’s February 2025 report. Bitcoin’s hashrate climbed 3.8% in February to 810 EH/s, showing a slowdown in mining competition growth. However, the hashprice (the revenue that miners earn per unit of computing power) slipped to $45/PH/s, wiping out gains from the U.S. election-driven price surge. At this level, inefficient miners are feeling the strain. Transaction fees made up just 1.3% of total block rewards in February, marking their lowest share since the last bear market bottom in 2022. March…
The Interchain Foundation is funding the Tharsis Labs team to release an open-source evmOS, the Ethereum-compatible layer 1 solution targeted at boosting interoperability between Ethereum and Cosmos. The funding will see Tharsis Labs open-source evmOS, bringing Cosmos’ (ATOM) functionality to users on the Ethereum (ETH) network. Interchain Foundation, the entity helping to advance the Cosmos ecosystem and its Inter-Blockchain Communication protocol, announced the development on March 18. With evmOS, developers can build EVM-powered decentralized applications and chains using the Cosmos software development kit. Tharsis Labs will open-source the Ethereum virtual machine-compatible software under the Apache 2.0 license, Interchain Foundation said.…
Instead of a bible, a satirical publication photoshopped Robert F. Kennedy Jr. putting his hand on a steak during yesterday’s swearing in ceremony as US Secretary of Health and Human Services. It might have been fake news, but it was apropos commentary on yesterday’s celebrations among a curious type of pro-RFK bitcoin (BTC) maximalist. Despite his cabinet position being far beneath the presidency to which he originally aspired, Bitcoiners still celebrated his appointment and Senate confirmation. Although he’s tasked with roles having nothing to do with BTC, the US Treasury, the Commerce Department, or the Federal Reserve, RFK Jr. has…