The reduction comes on the same day the EF confirmed a 20% reduction in headcount and follows the resignation of co-Executive Director Hsiao-Wei Wang. Her departure brings the total number of senior Ethereum Foundation figures to leave since January to nine, underscoring the scale of the organization's ongoing turmoil.
Bitcoin's slump to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.
Before we rush to tokenize U.S. equities, we need compliance systems that understand context, not just checkboxes. Investors like Michael Burry see the danger, so should the rest of us, urges Chamarajnagar.
Tough negotiations linger in several difficult arenas, but crypto's Washington lobbyists are flying in allies this week and still hoping for a July vote.
EU lawmakers backed a legal framework to develop an ECB digital currency by 2029 so the continent can stop relying entirely on U.S. credit card and stablecoin giants.
The $1.7 trillion asset manager did not disclose the amount paid for the acquisition of 250 Digital but revealed its plans for a new corporate division exclusively for crypto investments.
Weak volume and fading momentum kept XRP pinned near the bottom of its recent range, with the $1.05-$1.10 area emerging as the market's key line in the sand.
The newly public company shed close to half of bitcoin's entire market value in three sessions after announcing its first bond sale. Bitcoin, absorbing the same backdrop, fell less than 1%.
A rotation out of this year's best AI and chip stocks sank Asian markets, with South Korea's Kospi down 6%, and crypto fell with them. Bitcoin is down more than 3% on the week.
The White House issued twin executive orders to accelerate U.S. development of large-scale quantum computers while simultaneously hardening defenses against such machines.