Ethereum’s staking ratio has reached approximately 34.4%, yet the reduction in liquid supply has done little to lift the price out of its recent range. The Ethereum network’s official staking page showed more than 42 million Ether deposited and roughly 34% of supply staked, while Beaconcha.in and the Ethereum launchpad also confirm that the total
What Did KPMG’s Audit Change For Tether? Tether CEO Paolo Ardoino dismissed continued criticism of the stablecoin issuer after KPMG U.S. issued an unqualified opinion on the 2025 financial statements of Tether International, the entity Ardoino said is the sole issuer of USDT. “Honestly, I don’t care,” Ardoino said when asked about criticism that continued
Standards Investigation Resumes After Clacton Victory Reform UK leader Nigel Farage is once again under investigation by Parliament’s standards watchdog after winning back his Clacton seat in a by-election he triggered by resigning from the House of Commons in July. The Parliamentary Commissioner for Standards is investigating whether Farage failed to register financial interests connected
What Is Cboe Asking The SEC To Approve? Cboe BZX Exchange has filed a proposed rule change seeking U.S. Securities and Exchange Commission approval to list a group of 3x leveraged commodity exchange-traded funds, including products tied to Bitcoin and Ether. The proposed lineup includes 3x Gold, Silver, Bitcoin, Ether, Crude Oil and Natural Gas
Why Did Harvard Stop Cutting Its Bitcoin ETF Position? Harvard University’s endowment kept its BlackRock iShares Bitcoin Trust holdings unchanged in the second quarter, ending two consecutive quarters of selling even as Bitcoin and the ETF declined in value. Harvard Management Company reported 3,044,612 IBIT shares worth $101.4 million as of June 30, unchanged from
Why Is The White House Bringing Crypto Executives Together? President Donald Trump is expected to attend a White House meeting on Wednesday with executives from the cryptocurrency, prediction market and financial sectors as his administration increases its focus on digital asset regulation and event-contract oversight. The meeting is scheduled for 2:30 p.m. ET at the
Why Did Neutrl Suspend NUSD Redemptions? Decentralized finance protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspecified circumstances affected protocol reserves, leaving investors without details on the size or cause of any potential impairment. Neutrl said Thursday that it had also paused other protocol functions on legal advice while it
The Treasury Department is moving the GENIUS Act from legislation into operating rules, and the most important change is not about stablecoin reserves. It is about who must be identifiable when dollars move onto and off blockchain rails. FinCEN and OFAC have proposed anti-money-laundering, sanctions and customer-identification requirements for permitted payment stablecoin issuers, or PPSIs.
Ethereum’s staking debate has moved from how many validators the network can attract to whether it is paying them too much. Roughly 41.9 million ETH is now staked, representing about 34% to 35% of the network’s supply depending on the data provider and supply denominator. StakingRewards placed the ratio at 34.76% on August 14, while
Why Is Binance Cutting Off Transactions With 16 Firms? Binance will stop processing transactions involving 16 cryptocurrency exchanges and service providers as sanctions enforcement tightens around platforms accused of facilitating payments linked to Russia and Iran. Five of the firms have already been cut off. Restrictions on Shelbit and Aban Tether Exchange took effect on