DeCenter โ€“ Blockchain and Bitcoin
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DeCenter is the #1 blockchain community in Russia with over 75 000 experts. And this is our channel for English-speaking members.

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๐Ÿช™ Companies continue to accumulate Ethereum at record pace:

๐Ÿ”ด Bitmine increased its holdings by 320 000 ETH in a week and now holds 1 150 000 ETH worth $5 billion.

๐Ÿ”ด SharpLink raised $400 million to purchase ETH and reported that it currently owns approximately 598 800 ETH ($2.5 billion).

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๐Ÿ›ฐ Blue Origin, Jeff Bezosโ€™s company, has announced that it will start accepting Bitcoin and other cryptocurrencies as payment, media report.

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๐Ÿ‡บ๐Ÿ‡ธ Paxos has applied for a U.S. banking license.

Paxos is the issuer of the stablecoins Pax Dollar (USDP) and PayPal USD (PYUSD), as well as the operator of various blockchain infrastructure services.

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๐Ÿช™ Ethereum has reached its highest level since December 2021 ($4 350), surpassing Netflix and Mastercard in market capitalization.

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๐Ÿช™ Yesterday, spot Ethereum ETFs attracted over $1 billion โ€” a record since the productโ€™s launch.

BlackRockโ€™s ETHA fund accounted for $639 million of that total.

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๐Ÿ”ฅ Circle to launch Arc, a layer 1 blockchain dedicated to stablecoins.

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๐Ÿ‡ป๐Ÿ‡ณ Vietnam will launch a pilot project to establish a national cryptocurrency exchange.

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โšก๏ธ Do Kwon to plead guilty to US conspiracy, fraud charges in $40 billion Luna collapse.

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๐Ÿ‡ฐ๐Ÿ‡ฟ Kazakhstan today launches trading of Central Asiaโ€™s first spot Bitcoin ETF.

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๐Ÿ‡บ๐Ÿ‡ธ U.S. banks have called for a ban on exchanges paying interest for staking stablecoins, pointing to a loophole in the GENIUS Act that allows affiliated companies to bypass the prohibition for issuers.

They argue this could trigger trillions of dollars in bank deposit outflows and increase financial stress in the country.

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โ›”๏ธ Blockchain startup Eden Network is shutting down โ€œdue to intense competition in the MEV sector and high expenses.โ€

The project raised over $17 million from investors including Multicoin Capital, Alameda Research, Jump Capital, and Wintermute.

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๐Ÿ‡ช๐Ÿ‡ช Estonian banker Rain Lรตhmus bought 250 000 ETH for $75 000 during the 2015 ICO at $0.30 per coin but lost access to the wallet.

Today, the coins are worth over $1.16 billion.

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๐Ÿ‡ต๐Ÿ‡ฌ Papua New Guinea is exploring the possibility of creating a strategic Bitcoin reserve.

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๐Ÿš€ Following its new all-time high ($124 474), Bitcoin has surpassed Google to become the 5th largest asset in the world by market capitalization.

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๐Ÿธ Justin Sun is suing Bloomberg to stop the outlet from listing him among billionaires.

He demands a ban on publishing details about his assets, claiming the disclosure would cause โ€œirreparable financial and physical harm.โ€

According to Sun, Bloomberg unlawfully obtained confidential and commercially valuable information while vetting him for inclusion in its index.

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๐Ÿช™ BNB has set a new all-time high at $868.

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๐Ÿ‡น๐Ÿ‡ท Turkish crypto exchange BtcTurk has been hacked for $50 million.

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๐Ÿ“Š The ETH/BTC pair has crossed its 365-day moving average. In previous peaks, this ratio reached 0.08 โ€” meaning 1 ETH was worth 8% of the BTC price.

If Bitcoin holds at $120 000, Ethereum would need to rise to around $9 600 to return to that ratio.

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๐Ÿ‡บ๐Ÿ‡ธ U.S. mining company American Bitcoin, backed by the Trump family, is ordering 16 299 Antminer U3S21EXPH units from Bitmain in a deal worth about $314 million.

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โ˜ ๏ธ Another crypto user lost 140 ETH ($636 500) after copying the wrong address from a โ€œpoisonedโ€ transaction history.

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