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Ethereum Foundation unites protocol teams to fast-track scaling, blobs and UX overhaul

The Ethereum Foundation (EF) merged its protocol research and development units under a single banner, called Protocol, on June 2. The new initiative focuses resources on three technical priorities: scaling the base layer, expanding blob capacity for layer-2 networks, and enhancing the user experience. The three-track plan Protocol will steer code writers, researchers, and project [โ€ฆ] The post Ethereum Foundation...

Published on: June 02, 2025 | Source: CryptoSlate favicon CryptoSlate

Ethereum Foundation lays off staff, rebrands core team

The Ethereum Foundation has restructured its core development team and reduced headcount to focus on scaling and user experience.

Published on: June 02, 2025 | Source: Cointelegraph favicon Cointelegraph

Justin Sun Takes Center Stage at Bitcoin Vegas 2025 with TRON DAO as Top Sponsor of Code + Country and Co-Host of Krakenโ€™s Oceanic Night

Geneva, Switzerland, June 2, 2025 โ€” TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in Bitcoin 2025, which took place May 27-29 in Las Vegas. TRON DAO kicked off the week as a top tier sponsor for Code + Countryโ€™s America 250 [โ€ฆ] The post Justin Sun Takes Center Stage at Bitcoin Vegas...

Published on: June 02, 2025 | Source: CryptoSlate favicon CryptoSlate

AI's Power Consumption Will Dwarf Bitcoin by Year's End, Says Study

Research reveals that AI could consume nearly half of data center electricity by the end of 2025โ€”making Bitcoin's environmental critics look the other way.

Published on: June 02, 2025 | Source: Decrypt favicon Decrypt

Russian giant Sberbank launches Bitcoin bonds to expand Russian exposure to crypto

Sberbank, Russiaโ€™s largest lender, has introduced a new structured bond product offering exposure to Bitcoin (BTC), marking a significant step in integrating cryptocurrency-linked instruments into the countryโ€™s regulated financial ecosystem. The product, currently available on the over-the-counter market to a limited pool of qualified investors, allows returns based on the performance of Bitcoinโ€™s US dollar [โ€ฆ] The...

Published on: June 02, 2025 | Source: CryptoSlate favicon CryptoSlate

SOL Strategies reports Q2 net loss of $3.5M while staking, validating revenue surge

In addition to buffering its SOL holdings, SOL Strategies added SUI to its balance sheets and decreased exposure to Bitcoin in Q1 2025.

Published on: June 02, 2025 | Source: Cointelegraph favicon Cointelegraph

Ethereum Should Scale by 10X Over the Next Year: Vitalik Buterin

Even with layer-2 networks growing in use, Ethereum co-founder Vitalik Buterin said that the layer-1 should scale substantiallyโ€”and soon.

Published on: June 02, 2025 | Source: Decrypt favicon Decrypt

Tether, Bitfinex Move $2.7 Billion in Bitcoin to Twenty One Capital

The transfers were expected, based on a social media post from Twenty One Capital CEO Jack Mallers.

Published on: June 02, 2025 | Source: Decrypt favicon Decrypt

Strategy unveils โ€˜Strideโ€™ stock to fuel fixed-income expansion, boost Bitcoin holdings

Strategy revealed on June 2 that it will offer 2.5 million shares of its 10% Series A Perpetual Stride Preferred Stock, branded โ€œSTRD,โ€ to acquire more Bitcoin (BTC). The STRD security carries a $100 initial liquidation preference and pays non-cumulative cash dividends at 10% a year when Strategyโ€™s board declares them. Strategy intends to use [โ€ฆ] The post Strategy unveils โ€˜Strideโ€™ stock to fuel fixed-income expansion,...

Published on: June 02, 2025 | Source: CryptoSlate favicon CryptoSlate

Ethereum Foundation Lays Off Some Staff Amid R&D Restructuring

Critics of the foundation have repeatedly raised the alarm that the blockchain could lose its edge if it fails to address core design issues.

Published on: June 02, 2025 | Source: CoinDesk favicon CoinDesk

Why This Publicly Traded Solana Treasury Company Now Has Its Own Liquid Staking Token

As part of its growing Solana embrace, including a nearly $100 million treasury, DeFi Development Corp. now has its own liquid staking token.

Published on: June 02, 2025 | Source: Decrypt favicon Decrypt

Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer

Tether and Bitfinex transferred 21,000 Bitcoins (BTC) to designated wallets on June 2, completing their agreed contributions to Twenty One Capital. Tether CEO Paolo Ardoino wrote that Bitfinex sent 7,000 BTC, while Tether Group moved 14,000 BTC. Furthermore, Tether moved 4,812.22 BTC as prefunding for Twenty Oneโ€™s convertible-equity raise. The holdings matched a May 13 [โ€ฆ] The post Tether, Bitfinex complete Bitcoin...

Published on: June 02, 2025 | Source: CryptoSlate favicon CryptoSlate

WLFIโ€™s stablecoin USD1 surpasses $10B in transfers within 10 days of Binance listing

World Liberty Financialโ€™s stablecoin USD1 surpassed $10 billion in transfer volume just 10 days following its listing on Binance, according to data from Artemis. From May 22 to June 1, the stablecoin traded $10.7 billion in volume, surpassing the total transfers from its inception until May 21. The stablecoin is native to World Liberty Finance, [โ€ฆ] The post WLFIโ€™s stablecoin USD1 surpasses $10B in transfers within 10...

Published on: June 02, 2025 | Source: CryptoSlate favicon CryptoSlate

New Hampshire Tops List of Most Crypto-Friendly U.S. States: Study

ASICKey ranked states by tax policy, crypto jobs, and infrastructure; New Hampshire and Wyoming lead the pack.

Published on: June 02, 2025 | Source: CoinDesk favicon CoinDesk

Japan Drives Cardano Trading Surge as Price Battles $0.70 Resistance

Cardano's native token faces critical technical test amid global economic tensions and regulatory uncertainty.

Published on: June 02, 2025 | Source: CoinDesk favicon CoinDesk

Stablecoin Giant Circle Bullish on IPO Demand, Boosts Offering With $7.2 Billion Valuation

Circle now forecasts that its stock will go for as much as $28 a share on Wall Streetโ€”a sign of increased investor interest in the stablecoin issuer's offering.

Published on: June 02, 2025 | Source: Decrypt favicon Decrypt

Meta Shareholders Overwhelmingly Reject Proposal to Consider Bitcoin Treasury Strategy

The company has $72 billion in cash on its balance sheet, but barely any of the 5 billion shares that voted were in favor of adding bitcoin.

Published on: June 02, 2025 | Source: CoinDesk favicon CoinDesk

SEC faces criticism over crypto staking shift

Critics say the US regulator's new stance on crypto staking contradicts past enforcement efforts and court rulings, deepening confusion over how digital assets are regulated.

Published on: June 02, 2025 | Source: Cointelegraph favicon Cointelegraph

VanEck warns of brief but critical โ€˜uncertainty windowโ€™ for Bitcoin to adapt to quantum threat

The largest risk for Bitcoin (BTC) in the event of a quantum computing breakthrough is the potential adaptation window to become resistant, VanEckโ€™s head of digital assets research Matt Sigel wrote in a June 2 post on X. He said banks, tech platforms, and other blockchains face the same cryptographic weakness as Bitcoin does in [โ€ฆ] The post VanEck warns of brief but critical โ€˜uncertainty windowโ€™ for Bitcoin to adapt to...

Published on: June 02, 2025 | Source: CryptoSlate favicon CryptoSlate

Hong Kong-based Reitar Logtech poised for $1.5B Bitcoin plunge to boost logistics expansion

Nasdaq-listed Reitar Logtech Holdings Ltd. is in advanced talks to acquire up to $1.5 billion worth of Bitcoin (BTC) as part of a strategic treasury diversification initiative aimed at supporting its global logistics technology expansion. According to the June 2 SEC filing, the proposed transaction, involving approximately 15,000 BTC, would be executed through a share [โ€ฆ] The post Hong Kong-based Reitar Logtech poised...

Published on: June 02, 2025 | Source: CryptoSlate favicon CryptoSlate

Tether debuts omnichain gold stablecoin on TON

The XAUt0 token will compete with other gold-backed stablecoins and traditional gold investment instruments.

Published on: June 02, 2025 | Source: Cointelegraph favicon Cointelegraph

Circle boosts IPO amid strong investor interest, eyes $7.2B valuation

Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC). The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised [โ€ฆ] The post Circle boosts IPO amid strong investor interest, eyes $7.2B...

Published on: June 02, 2025 | Source: CryptoSlate favicon CryptoSlate

Consensys Acquires Web3Auth to Reinvent MetaMask Onboarding

Consensys did not reveal the financial details of the deal, which could bring improvements to MetaMask's onboarding process.

Published on: June 02, 2025 | Source: CoinDesk favicon CoinDesk

SharpLink Gaming Stock Falls Back to Earth Following Ethereum Treasury Pivot

While still up massively on the month amid its Ethereum treasury move, SharpLink Gaming (SBET) shares have plunged 38% since open Monday.

Published on: June 02, 2025 | Source: Decrypt favicon Decrypt

$BTC, MARKETS, NEWS + MORE

$BTC, MARKETS, NEWS + MORE - FOMO HOUR EP369 FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X. JOIN YEET =...

Published on: June 02, 2025 | Source: Decrypt favicon Decrypt

Riot Platforms Taps Data Center Veteran to Expand Beyond Bitcoin Mining

Jonathan Gibbs will lead Riotโ€™s push into enterprise-grade data centers for AI and cloud computing.

Published on: June 02, 2025 | Source: CoinDesk favicon CoinDesk

Metaplanet Grows Bitcoin Treasury to 8,888 BTC With New Buy

Metaplane revealed that in the past 12 months it has achieved a yield of 225% on its BTC-purchasing strategy.

Published on: June 02, 2025 | Source: Decrypt favicon Decrypt

Solana Reverses Gains After Failed Rally Sparks Heavy Selling

Multiple failed breakouts near $159 sent SOL tumbling on heavy volume, with technical signals now pointing to deeper downside risk unless key levels are reclaimed.

Published on: June 02, 2025 | Source: CoinDesk favicon CoinDesk

Who really controls Bitcoinโ€™s price in 2025? Whales, devs or governments, explained

Bitcoin may be decentralized, but its price isnโ€™t immune to the influence of whales, protocol upgrades, ETF approvals and global regulations.

Published on: June 02, 2025 | Source: Cointelegraph favicon Cointelegraph

TON Surges 3.7% in V-Shaped Recovery After Finding Strong Support at $3.11

The Open Network's native token demonstrates resilience amid global economic tensions with bullish technical indicators pointing to continued upward momentum.

Published on: June 02, 2025 | Source: CoinDesk favicon CoinDesk

Centralized infrastructure requires DePIN adoption

When centralized infrastructure fails, entire societies are left in the dark. Recent blackouts across Europe and beyond reveal the urgent need for DePIN, empowering communities to build resilient, community-driven solutions that can withstand crises.

Published on: June 02, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin price dips under $104K as Russia-Ukraine woes rile US stocks

Bitcoin price action gets off to an uncertain start in June with traders staying cautious on which way the market will head.

Published on: June 02, 2025 | Source: Cointelegraph favicon Cointelegraph

Litecoin Defies Market Pressure as It Holds Key $87.50 Support Levelโ€จ

LTC sustained a key support zone while absorbing selling pressure amid growing geopolitical uncertainty.

Published on: June 02, 2025 | Source: CoinDesk favicon CoinDesk

Circle Eyes $7.2B Valuation in Upsized U.S. IPO Amid Strong Investor Demand

Circle raises its IPO share count and price range as strong investor demand fuels interest.

Published on: June 02, 2025 | Source: CoinDesk favicon CoinDesk

AVAX Plunges 9% as Global Economic Tensions Rattle Crypto Markets

Avalanche token forms potential double bottom pattern at $19.97 support level, but bearish momentum persists amid broader market uncertainty.

Published on: June 02, 2025 | Source: CoinDesk favicon CoinDesk