Cracks Appear as Ethereum Staking Demand Wanes
Earlier this year, Ethereum staking was popular, particularly with Lido Finance’s rise to prominence in the DeFi space, but it is now facing challenges, suspicions, and resentment.Source
Bitcoin Holds $28K as Stocks Buckle Under Interest Rate Concerns
The U.S. 30-year Treasury bond is on pace to close above 5% for the first time in more than 16 years.Source
Lightning Labs Rolls Out ‘Taproot Assets,’ to Make Bitcoin ‘Multi-Asset’ Network
Taproot Assets will give developers “the tools needed to make Bitcoin a multi-asset network, but in a scalable manner,” according to Lightning Labs.Source
Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap, CryptoQuant Says
Blockchain analytics firm CryptoQuant’s models predict that $155 billion will flow into the bitcoin market cap should the ETFs be approved.Source
SBF Dined With Eric Adams at NYC Mayor’s Go-To Italian Restaurant
The erstwhile crypto titan and avowed vegan was also scheduled to meet Empire State Gov. Kathy Hochul at The Capital Grille steakhouse, according to FBI trial testimony.Source
Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle
Bitcoin’s market share of all cryptocurrencies rises to highest since April 2021.Source
Bahamian Prime Minister Asked Sam Bankman-Fried to Give His Son Advice on NFT Project
The email from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.Source
Bitcoin ETF Hopes Push Grayscale’s GBTC Discount to Narrowest Since 2021
The fund’s shares have traded at a discount to NAV since December 2021.Source
Reddit-Based Tokens Plunge on Report of Wind Down of Community Points
MOON, BRICK and DONUT are each lower by 60%-90%.Source
Sui Foundation Calls Report of Supply Manipulation ‘Materially False’
SUI, the native token of the blockchain that was built by former Meta (META) employees, has tumbled by 5% on Tuesday after the community raised concerns over whether the team had been selling staking rewards on Binance.Source