Bit Digital, a Nasdaq-listed crypto company, has officially announced that it will exit Bitcoin mining and will mainly focus on Ethereum staking and AI infrastructure. Sam Tambar, CEO of Bit Digital, said that Bitcoin mining has not produced sufficient income for the company. Rising costs, hardware limits, and lower efficiency
The co-founder of Ethereum, Vitalik Buterin, is using a mundane multisig check and found that a lot of wallets do not pass basic usability and the walkaway test. The co-founder revealed that, “This morning I thought to check the addresses of those who were signers on my multisig and on
Ethereum (ETH) is trading near $3,004, showing a modest gain over the past day as price action remains around the $3,000 level. Over the last 24 hours, ETH moved between an intraday low of $2,916.22 and a high of $3,040.72, while its market capitalization stands at $362.66 billion and trading
With the broader market sentiment being fear, the Fear and Greed Index value is holding at 29. The majority of the assets are charted in red, and a few green ones are there. Meanwhile, Bitcoin (BTC) is attempting to escape the bear market. Among the altcoins, the largest, Ethereum (ETH),
Vitalik Buterin has declared 2026 as the year pf turing point that reclaims self‑sovereign computing. As he outlines a personal digital shift from centralized platforms toward encrypted, open‑source, and locally hosted tools, which give users control over their data. Vitalik Buterin wrote about technological changes he made to reduce the
Coinbase has launched a new borrowing feature which allows the eligible U.S. users to borrow upto $1 million in USDC without selling or unstaking their ETH. The users can use the new product, cbETH, which is Coinbase’s token that represents the staked ETH as collateral to borrow USDC. This makes
The SagaEVM chain, part of the Saga Layer-1 blockchain ecosystem, remained paused after a security exploit on January 21. With that, the investigation update was released on January 22, the attacker’s wallet was found, and around $7 million worth of assets, with some converted to Ethereum. Further, the team is
As the bearish stretch across the market continues, all the major crypto assets are found in the red zone, with signs of exhaustion. The largest asset, Bitcoin (BTC), is hovering at $93K, while the largest altcoin, Ethereum (ETH), has registered a 2.91% slump. In the morning hours, the asset was
Ethereum’s network activity has reached unprecedented heights, with the last week’s average of daily transactions rising to almost 2.5 million, even as gas prices have plummeted to new lows. This rare combination of surge in network activity and low transaction costs comes after recent protocol upgrades and scaling improvements that
In the trading week that started on January 12 and extended to January 16, the U.S. spot Bitcoin ETFs listed around $1.42 billion in net inflows. IBIT from BlackRock was prominently leading with around $1.035 billion in allotments, accounting for around 73% of overall weekly inflows across all Bitcoin ETF
