Author: John Smith
Bitmine appears to be expanding its Ethereum staking footprint as part of its evolving treasury strategy. Summary Bitmine staked 19,200 ETH worth about $60M, lifting total staked ETH to $2.62B. The firm now controls over 4 million ETH, the largest known corporate ETH treasury. Staking activity supports Bitmine’s planned U.S.-based validator network launch in 2026. Bitmine is pressing ahead with its Ethereum-first treasury play as staking activity continues to scale. The latest data was shared in a Jan. 8 post on X by on-chain analytics platform Onchain Lens, which tracked Bitmine’s most recent Ethereum (ETH) staking transaction. Staking total climbs…
Wyoming has quietly taken a step that could reshape how U.S. states interact with digital dollars. Summary Wyoming launched FRNT, the first state-issued stablecoin in the U.S. The token runs on Solana with multi-chain support and reserves managed by Franklin Templeton. Interest from reserves funds public schools, while adoption and volume remain key unknowns. Wyoming has launched the first state-issued stablecoin in the U.S., bringing a government-backed dollar token onto public crypto markets. The Frontier Stable Token went live on Jan. 7, according to an announcement published by Wyoming Public Media and the state’s Stable Token Commission. FRNT goes live…
Chinese authorities have taken custody of Chen Zhi, a businessman linked to what U.S. officials have described as one of the largest cryptocurrency fraud and money laundering operations uncovered to date, according to statements from Cambodia’s Ministry of Interior. Summary Chen Zhi, officials allege, oversaw one of the largest crypto fraud and money laundering schemes on record. The founder of Cambodia-based Prince Group is accused by U.S. and U.K. authorities of operating a network involved in “pig butchering” scams, money laundering, and forced labor. Prince Group has denied the allegations, though it has been designated a transnational criminal organization and…
Polymarket, a decentralized prediction market platform, has implemented trading fees on its short-duration cryptocurrency price markets, according to company announcements. Summary The decentralized prediction market has introduced fees on short-duration crypto price markets and on its Polymarket US app, marking a shift away from its long-standing zero-fee model. Under the new schedule, takers on the Polymarket US app will pay 1 basis point (0.01%), with fees also applied to 15-minute cryptocurrency markets. The move establishes Polymarket’s first direct source of revenue as it expands into more mainstream trading markets through its US app, which is currently in private beta. The…
Blink Charging is giving EV drivers a new way to power up—by paying with crypto. The charging network said it has begun accepting USD Coin (USDC) at select U.S. fast-charging sites, marking its first move into blockchain-based payments. Summary The pilot allows drivers to pay for charging sessions using a dollar-pegged stablecoin. Major blockchain networks include Ethereum, Arbitrum, Polygon and Base. The rollout is live at two Blink-owned DC fast charging locations in Florida, with broader expansion planned across additional company-owned sites through 2026. Blink said the move is aimed at expanding payment flexibility as digital assets gain traction in…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. FortisX redefines staking with product-style liquidity, risk controls, and adaptive yields shaped by markets. Summary FortisX layers liquidity pools and a risk engine on staking, transforming protocol rewards into a product-style yield system. By combining staking, internal liquidity, and risk controls, FortisX makes staking behave more like a financial product. FortisX is unifying staking cores, liquidity pools, and risk rules to deliver flexible yield without fixed-return promises. Staking is easy to grasp at the idea level: an asset participates…
Ethereum price has confirmed a bearish failed auction near $3,300, signaling acceptance below resistance and increasing the risk of a deeper corrective move toward lower support. Summary $3,300 rejection confirms a failed auction and bull trap. Acceptance below resistance increases downside risk. $2,680 emerges as the next key support to watch. Ethereum (ETH) price is showing renewed technical weakness after failing to reclaim the $3,300 resistance zone on a closing basis. What initially appeared to be a bullish breakout has now been invalidated, with price quickly rotating back below resistance. This type of price behavior is commonly referred to as a failed auction,…
JPMorgan Chase is taking another step toward making digital money work inside mainstream finance, announcing plans to issue its JPM Coin directly on the Canton Network, a blockchain designed to let large institutions move money quickly without exposing sensitive data. Summary The collaboration would allow JPM Coin—a digital representation of U.S. dollar deposits held at the bank—to be issued, transferred, and redeemed natively on Canton. The move signals growing comfort among major banks with using public blockchain infrastructure, even as they insist on privacy, regulatory oversight, and strict control over how funds move. The announcement comes amid a broader shift…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP enters a new growth phase, investors are turning to compliant cloud-mining platforms like BI DeFi to generate steady daily returns while positioning for the token’s long-term upside. Summary Citigroup projects XRP could reach $10 by late 2026, supported by easing regulation and rising institutional demand. Potential XRP ETF launch, improved custody infrastructure, and stronger compliance framework are seen as major catalysts. Investors are exploring compliant platforms like BI DeFi cloud mining to generate steady returns while positioning…
U.S. community banks say a GENIUS Act loophole lets exchanges pay “backdoor” yields on stablecoins, threatening local deposits and demanding Congress shut it down. Summary The American Bankers Association’s Community Bankers Council told senators the GENIUS Act still allows indirect stablecoin yields via exchanges and affiliates. Banks warn that yield-style stablecoins could siphon billions from insured deposits, undermining community lending and shifting money into lightly regulated platforms. Crypto industry groups counter that payment stablecoins do not fund loans and argue tighter rules would choke innovation and digital payments growth. A coalition of U.S. community bankers has called on Congress to…