BlackRock’s iShares Bitcoin Trust has secured a major regulatory win after the U.S. Securities and Exchange Commission approved a fourfold increase in the ETF’s options position limit from 250,000 to 1 million contracts. Summary SEC has approved raising IBIT options limits from 250,000 to 1 million contracts. NYSE Arca says the higher cap matches strong
I’ve been thinking recently about post-apocalyptic wastelands. Specifically, about this scene from Mad Max: Fury Road, when the main characters have just escaped the first wave of pursuit, and are staying ahead of their would-be captors. They need to keep moving, but still need to do maintenance on the centerpiece of the movie: a gigantic
Coinbase’s Jesse Pollak said he is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy failed to drive crypto adoption as he had expected. The Base creator said he had spent the last two years betting that builders and onchain-native social experiences, including Farcaster, Zora, mini apps
Base creator Jesse Pollak has acknowledged that the network’s multi-year bet on onchain social products did not deliver the expected growth and has redirected Base toward trading, payments, and AI-powered financial infrastructure. Summary Jesse Pollak admitted Base’s onchain social strategy failed to drive expected crypto adoption. Base will prioritize trading, stablecoin payments, and AI agent
As always, a lot continues to happen on the eth2 front. Aside from written updates (check out the State of Eth2 post below) and other public summaries, client teams, contributors, and community members/prospective-validators have been busy! Today, we’ll cover some significant deposit contract news, and big steps toward implementation of spec version v0.12. tl;dr Solidity
Bitcoin has underperformed compared to other “risk-on” assets this year — and if history’s anything to go by, its price could dip as low as $38,000 by October. That’s according to a new report by NYDIG, which reveals that the asset’s current slump is down to supply mechanics rather than risk sentiment. Bitcoin’s price has
Senate Democrats have intensified scrutiny of Acting U.S. Attorney General Todd Blanche during his confirmation hearing, accusing him of weakening crypto enforcement while President Donald Trump’s digital asset businesses have expanded. Summary Dick Durbin accused Todd Blanche of dismantling DOJ crypto enforcement to benefit Trump’s crypto businesses. Senate Democrats linked Blanche’s nomination to demands for
*This is part #1 of a series where anyone can ask questions about Geth and I’ll attempt to answer the highest voted one each week with a mini writeup. This week’s highest voted question was: Could you share how the flat db structure is different from the legacy structure?* State in Ethereum Before diving into
Revolut wins VARA in-principle approval for regulated crypto services in the UAE. UAE users will access Revolut app and Revolut X after final regulatory approval. Approval supports Revolut’s global expansion across regulated digital asset markets. Revolut has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to expand its cryptocurrency services in the United
A new academic study has found that Polymarket’s five-minute Bitcoin prediction contracts have created incentives for sophisticated traders to manipulate spot prices and profit at the expense of ordinary participants. Summary Stanford researchers link Polymarket’s five-minute Bitcoin markets to settlement-price manipulation. The study estimates about $1.28 million shifted from retail traders to sophisticated participants. Researchers
