BitMine’s Total Staked ETH Holdings Surpass 1 Million

Crypto treasury company BitMine Immersion Technologies (BMNR) staked an additional 86,400 Ether (ETH) on Saturday, valued at about $268.7 million at the time of this writing, crossing the 1 million staked ETH milestone.  The 86,400 ETH was staked in four separate transactions, according to data from crypto market analytics platform Arkham Intelligence; this brings BitMine’s…

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DeFi’s promised to replace TradFi, not sit on top of them

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Decentralized finance likes to tell a very simple story about itself. Billions of people are unbanked. Traditional finance is slow, exclusionary, expensive, and biased toward incumbents. Blockchains are open, permissionless, global, and…

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Will PI Finally Break Out of Stagnation?

PI has been trading sideways for over a month – will that finally break next week? Pi Network’s native token has performed rather differently than most other altcoins ever since its inception, perhaps because it’s a newer token with a trading history of under a year. For the past three months alone, it has…

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Tennessee Regulator Sends Cease-And-Desist Letters To Polymarket, Kalshi, Crypto.com — Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tennessee’s sports betting regulator has ordered Polymarket, Kalshi, and Crypto.com to cease offering sports betting contracts, bringing focus to the regulatory landscape of event contract exchanges. The agency accused the three major prediction market platforms of violating state gambling laws by operating…

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Tennessee orders prediction platforms to cease operations, BNY launches tokenized deposits, OKX restructures institutional team

In this week’s edition of the weekly recap, Tennessee officials issued cease-and-desist orders to major prediction market platforms alleging unlicensed sports wagering, while BNY advances the tokenized deposit platform launch. Summary Tennessee ordered Kalshi, Polymarket and Crypto.com to halt sports prediction markets. BNY Mellon launched blockchain-based deposit settlement as banks expand into crypto rails. Truebit…

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