Fintechs like Robinhood and Stripe are building blockchains as Wall Street explores digital assets, but execution bottlenecks still stand in the way of institutional adoption. The next wave of institutional adoption of cryptocurrencies is emerging as established fintech firms begin building their own blockchains. Financial services app Robinhood recently announced that it is building its own layer-2 blockchain to support tokenized stocks and real-world assets, while Stripe followed with plans for Tempo, a payments-focused chain built with Paradigm. “That’s going to be the beginning of many others to come,” Annabelle Huang, co-founder of Altius Labs, told Cointelegraph in an interview. “The fintechs in Asia, Latin America and other emerging markets that have looked into this for many years now are also getting ready to make more moves.” Read more
Crypto’s cult of personality contradicts its decentralized mission, creating fragile systems that crumble when charismatic leaders inevitably fall. Opinion by: Houston Morgan, head of growth and business development at ShapeShift Crypto was never supposed to turn out like this. The promise was decentralization, self-sovereignty and the end of gatekeepers. Far too many crypto firms still worship personalities and momentum rather than implementing fair governance and structure. The irony is stark. A movement built to eliminate central points of failure or control has repeatedly been derailed by its own leadership. The same story repeats from exchange founders being treated like visionaries to DeFi builders rigging token votes for personal gain. One person’s influence is allowed to outweigh the system. When that person falters, everything crumbles. Read more
The largest crypto media outlet in the world is changing its focus, with a view to celebrating the people, projects and philosophies that are changing our collective future. At Cointelegraph, we’ve spent the last 13 years documenting the incredible rise of blockchain, crypto and Web3. From the days when crypto was discussed in obscure forums to today’s global headlines and multibillion dollar innovations, we’ve reported on the industry without bias or favor. But as our industry matures, so must the way we cover it. Read more
Bit Digital’s Sam Tabar says the commercial Bitcoin mining industry will “be dead” after the next halving, as new competitors emerge. Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is doomed even though Bitcoin mining itself will live on. The Bitcoin mining industry is going to be dead in two years he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining. Read more
Bit Digital’s Sam Tabar says the commercial Bitcoin mining industry will “be dead” after the next halving, as new competitors emerge. Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is doomed even though Bitcoin mining itself will live on. The Bitcoin mining industry is going to be dead in two years he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining. Read more
Bit Digital’s Sam Tabar says the commercial Bitcoin mining industry will “be dead” after the next halving, as new competitors emerge. Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is doomed even though Bitcoin mining itself will live on. The Bitcoin mining industry is going to be dead in two years he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining. Read more
Bit Digital’s Sam Tabar says the commercial Bitcoin mining industry will “be dead” after the next halving, as new competitors emerge. Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is doomed even though Bitcoin mining itself will live on. The Bitcoin mining industry is going to be dead in two years he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining. Read more
Bit Digital’s Sam Tabar says the commercial Bitcoin mining industry will “be dead” after the next halving, as new competitors emerge. Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is doomed even though Bitcoin mining itself will live on. The Bitcoin mining industry is going to be dead in two years he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining. Read more
Bit Digital’s Sam Tabar says the commercial Bitcoin mining industry will “be dead” after the next halving, as new competitors emerge. Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is doomed even though Bitcoin mining itself will live on. The Bitcoin mining industry is going to be dead in two years he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining. Read more
The offering is being made under an automatic shelf registration, which lets large companies raise capital quickly and with flexibility. Nasdaq-listed company Forward Industries filed for an at-the-market (ATM) equity offering program of up to $4 billion, giving the company flexibility to sell shares over time to support its Solana-focused treasury strategy. On Wednesday, Forward Industries announced that the program will allow it to issue and sell common stock through sales agent Cantor Fitzgerald. The offering is being made under an automatic shelf registration statement filed with the US Securities and Exchange Commission (SEC). An automatic shelf registration allows certain large, publicly traded companies to quickly raise capital with flexibility. Read more
A significant portion of the almost $12 billion ETH awaiting withdrawal may be sold to lock in profits, considering Ether’s 100% gains over the past year. Key takeaways: Ether queued for unstaking hits a record $12 billion, with a 44-day wait time. Strategic reserves and ETF holdings have jumped by 116% since July 1, allaying fears of a potential ETH sell-off. Read more