Category: Crypto News
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Vitalik Buterin Calls Consortium Blockchains a Failure and Backs Cryptographic Server Upgrades
TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding Merkle roots and validity proofs to centralized servers as a low-disruption enterprise fix. Buterin defined four L2 categories: EVM chains, server upgrades, experimentation zones, and app-specific chains. Interoperability between diverse L2 types is central to…
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Wall Street Giant Morgan Stanley Enters Crypto Race With Pricing Edge: Report
Morgan Stanley is bringing Bitcoin, Ethereum, and Solana trading to E*Trade clients soon. One of the world’s largest wealth management firms, Morgan Stanley, is all set to introduce cryptocurrency trading on its E*Trade platform, which it acquired for $13 billion six years ago. It aims to compete on lower costs. Morgan Stanley Joins Crypto…
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Bitcoin Is Printing A Textbook Bearish Pattern That Can Trigger A $30,000 Wipeout
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is once again at a critical technical crossroads, with a widely discussed chart structure suggesting that a sharp decline could be on the table. A recent analysis shared on X by crypto trader @0xPepesso points to a classic bearish continuation pattern…
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Samsung SDS To Build KSD Tokenized Securities Platform
Samsung SDS, Samsung’s information technology services subsidiary, will reportedly build a token securities platform for the Korea Securities Depository (KSD), moving South Korea’s central securities depository closer to operating blockchain-based securities infrastructure as the country prepares a legal framework for tokenized assets. Samsung SDS won a contract to build and operate the platform for KSD,…
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Linea Moves ZK Rollup Stack Under Linux Foundation Governance
Linea Consortium has joined Linux Foundation Decentralized Trust (LFDT) as a premier member and contributed the open-source zero-knowledge (ZK) rollup stack powering Linea as a new code project called Lineth. The contribution places Linea’s core layer-2 technology under LFDT’s open-source governance framework, rather than the control of any single company, Linea Consortium said in a…
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Bitcoin Rallies Higher Even As Derivatives Lack Conviction
Key takeaways: While Bitcoin onchain activity and derivatives show a lack of participation from traders, record spot ETF inflows point to strong institutional demand. The absence of leveraged longs may actually fuel further upside as sellers are forced to buy back if Bitcoin edges higher. Bitcoin (BTC) gained 7% over the past week, breaking above…
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David Schwartz Says Ripple Stock Is His Real Bet, Not XRP
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s former CTO David Schwartz pushed back against the idea that he is a committed long-term XRP holder, saying in a series of X posts that Ripple stock, not XRP, now represents his main exposure to the crypto sector. The comments matter…
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Hyperliquid Whale Bets $1.31M on TON at 6x Leverage as Bitcoin Eyes Fresh Highs
Key Takeaways: A new Hyperliquid wallet opened a 6x TON long worth $1.31M on May 5, with a $1.42 liquidation price. The trade signals elevated risk appetite as bitcoin surged past $81,000 for the first time since January. Hyperliquid has continued attracting large traders after launching its HIP-4 prediction markets on May 2. A Trader…
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Western Union Launches USDPT Stablecoin on Solana (SOL)
Tony Kim May 05, 2026 01:52 Western Union debuts USDPT, a Solana-based stablecoin for cross-border payments, starting in Bolivia and the Philippines, with plans for global expansion. Western Union has officially entered the blockchain space, launching its U.S. dollar-pegged stablecoin, USDPT, on the Solana (SOL) blockchain. The…
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Tom Lee Declares Crypto Spring as Bitmine Buys $238M ETH
TLDR Bitmine purchased 101,745 ETH worth about $238 million and increased its total holdings to over 5.18 million ETH. The company now holds roughly 4.29% of Ethereum’s outstanding supply and maintains total crypto and cash assets of $13.1 billion. Bitmine has pledged more than 4.36 million ETH to staking operations and generates about $297 million…
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