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View More NewsLayer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen.This pressure will come from the need to satisfy users’ desire for faster speeds or more block space for higher throughput, Chen told Cointelegraph’s Chain Reaction podcast on Monday. “In our mind, it’s essentially about finding scaling opportunities without compromising the fundamental pillars that define what a blockchain is,” he said. With blockchain adoption accelerating due to institutional adoption and agentic AI finance, this tension is about to be tested on a much larger scale. Part of…
In brief BONK suffered a $20 million exploit related to a malicious governance attack. A passed proposal sent 4.4 trillion BONK tokens to an alleged attacker’s address. The meme coin team is working with exchanges and the Solana Foundation to manage the situation. BonkDAO, the decentralized autonomous organization tied to the popular Bonk meme coin on Solana, fell victim to a “malicious” governance attack that resulted in a roughly $20 million heist from its treasury. The team behind the meme coin and its various endeavors said it is working with centralized exchanges, network bridges, and the Solana Foundation as it navigates…
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I brought a 510-million-year-old trilobite I’d split out of Cambrian shale four hours north of Las Vegas to show a class of eighth graders. I passed it around the room and explained what it was: an ancient arthropod called Bristolia, from the same branch of the tree of life as every insect and crab alive today, that lived in a warm shallow sea that used to cover Nevada. It predated the dinosaurs by 250 million years. It was older than plants on land. It had what was probably the first real compound eyes that ever evolved on Earth—and when I…
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from the good-deals-on-cool-stuff dept The Soundfreaq Sound Spot II combines wireless audio performance, ambient lighting, and relaxing sound features in a compact design built…
Bitmine Immersion (BMNR), the largest Ethereum (ETH) treasury company, stepped up its buying pace last week, purchasing 42,197 ether (ETH) as chairman Thomas Lee…
Bitcoin miner TeraWulf, moving deeper into AI infrastructure, signed a 20-year data center lease with Anthropic expected to generate about $19 billion in contract revenue.The…
In brief Coinbase sent users an AI-generated alert that incorrectly reported the result of a World Cup match before kickoff. Coinbase said it fixed…
Bitcoin BTC$62,582.45 spot exchange-traded funds (ETFs) have fallen out of investor favor and how.Total dollar value of net assets across the 11 spot ETFs…
Blockchain.com has launched 24/7 perpetual trading for institutional clients through its OTC desk, offering around-the-clock exposure to stocks, equity indices, commodities, foreign exchange markets…
In brief Fold Holdings sold ~$45M in Bitcoin, used $20M to wipe out all secured debt and redirected the remaining $25M toward growth. The…
from the perhaps-he’s-on-team-measles dept Cases of measles in American continue to rise. As of June 5th of this year, the official case count in…
Robby Soave and Christian Britschgi start this episode of Freed Up with how Democrats plan to stand by Graham Platner in Maine no matter what. The…
The crypto market remains under pressure ahead of the pivotal U.S. inflation data, which is expected to show the cost of living rose to…
Bitcoin (BTC) faced renewed risks of a breakdown toward $30,000, according to a new analysis, as institutional demand turned deeply negative.Key takeaways:Data shows institutions…
In brief Mastercard launched Agent Pay for Machines, a platform for autonomous AI-driven payments. The company said the service supports machine-to-machine transactions, including microtransactions…