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Bitcoin (BTC) mining stocks are struggling as declining cryptocurrency prices add further pressure to business models strained by the Bitcoin network’s April halving, according to a JPMorgan research note shared with Cointelegraph.  Mining stocks tracked by JPMorgan collectively shed 22% in market capitalization in February as Bitcoin’s falling price eroded mining economics, the March 3 […]

Marc Zeller, the founder of Aave Chan Initiative (ACI), unveiled a proposal for Aave’s tokenomics revamp on March 4, which would include a new revenue redistribution model, an “Umbrella” safety system to protect against bank runs, and the creation of the “Aave Finance Committee” (AFC). The proposal is part of Aave’s ongoing tokenomics overhaul and […]

Belarus President Alexander Lukashenko has instructed his energy minister to begin developing the country’s cryptocurrency mining industry, signaling a growing intent to generate additional revenue streams from the country’s excess energy supplies.  According to a March 4 report by local media outlet BelTA, President Lukashenko passed on the instructions to the newly appointed minister of […]

Donald Trump’s advisers said they would recommend the US President sign a resolution repealing the IRS rule into law if passed by the House and Senate. News COINTELEGRAPH IN YOUR SOCIAL FEED David Sacks, the AI and crypto czar in the Trump administration, said the White House will support congressional efforts to rescind the Internal […]

Bitcoin (BTC) stayed volatile at the March 4 Wall Street open as weak crypto markets weighed the impact of US trade tariffs. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin edges closer to multimonth lows Data from Cointelegraph Markets Pro and TradingView showed new local lows of $82,037 for BTC/USD on Bitstamp. A rebound then took the […]

SSV Network proposed a new permissionless staking module for Lido, aiming to improve decentralization and staking infrastructure for institutional participants. SSV Network proposed a permissionless staking module that leverages SSV’s Distributed Validator Technology (DVT) to integrate node operators (NOs) into the operator set of Lido on Ethereum. If approved, the proposal would add the first […]

Today in crypto, the International Monetary Fund (IMF) has issued new requests under its $1.4 billion deal with El Salvador, aiming to restrict Bitcoin purchases by the public sector in the country, and the US Securities and Exchange Commission dropped its investigation of Yuga Labs, as well as its lawsuit against Kraken. IMF deal to […]

The Bybit exploiter has laundered 100% of the stolen funds after staging the biggest hack in crypto history, but some of the funds may still be recoverable by blockchain security experts. On Feb. 21, Bybit was hacked for over $1.4 billion worth of liquid-staked Ether (STETH), Mantle Staked ETH (mETH) and other ERC-20 tokens, resulting […]