Crypto News
From Ethereum’s Engine Room to Wall Street: Danny Ryan’s New Mission
As controversy swirled around the Ethereum Foundation (EF) this winter, one of Ethereum's most respected architects was quietly plotting his next move. Danny Ryan—a key visionary behind Ethereum's most ambitious upgrade, "The Merge"—left the EF in September but entered talks a few months later to rejoin the organization as its new leader."I was in conversation with Vitalik and others to potentially go back to help run the Ethereum Foundation," Ryan revealed in a candid interview with CoinDesk. But as the non-profit behind the second-largest blockchain underwent a dramatic leadership reshuffle, Ryan's trajectory unexpectedly shifted elsewhere — towards bringing Ethereum to Wall Street.The changes at the Ethereum Foundation came amid growing community unrest. Critics blamed the foundation for their perception...
Lazarus Infects New Batch of JavaScript Packages With Crypto Stealing Malware: Researchers
"The tactics, techniques, and procedures (TTPs) observed in this npm attack closely align with Lazarus’s known operations," a cybersecurity research said.Source link
Bitcoin Stalls Even as Inflation Cools
The digital asset traded just below $82,000 this morning despite positive macroeconomic data that shows tempered inflation. Bitcoin Flatlines as Inflation Eases The dominant cryptocurrency remained mostly flat over the past 24 hours as better-than-expected inflation data cultivated optimism in traditional markets. Bitcoin (BTC) traded within a range of $79,059.43 to $84,358.58, and is currentlySource link
Why There’s More to BNB Than Meets the Eye
Many investors dismiss BNB as simply "the Binance coin," but that designation fails to recognize its broader value unlocks. While BNB was initially launched as the native token of the Binance Chain (now the BNB Smart Chain), and its early token burns were tied to Binance’s quarterly profits, BNB is evolving into a decentralized asset with multiple use cases and reasons for economic value.While BNB may enjoy some value accrual from the expansion of Binance, its token supply model and the development of the BNB Chain offer two independent sources of value. First, BNB serves as a store of value through quarterly and fixed-ratio BNB burning mechanisms. Second, it powers smart contract functionality via the BNB Smart Chain, which has...
Binance Secures $2 Billion Investment From Abu Dhabi Firm—Paid in Stablecoins
Binance announced Wednesday that Abu Dhabi-based AI and tech investor MGX has put $2 billion into the company, paid in stablecoins.Source link