Author: Crypto Editor

A brand new proposal throughout the Polkadot ecosystem is pushing for the creation of a Strategic Bitcoin Reserve.In response to the proposal, the plan entails changing 500,000 DOT, valued at round $2 million, into Threshold Bitcoin (tBTC), a wrapped model of Bitcoin secured via threshold cryptography, which ensures decentralization and non-custodial administration.Polkadot’s Bitcoin proposalEarlier than conversion to Bitcoin begins, the five hundred,000 DOT will first be staked in aDOT, a yield-generating collateral token.This can enable the treasury to earn returns on its DOT holdings whereas rising liquidity for DeFi borrowing.Moreover, 1,000 DOT might be put aside to cowl transaction charges…

Timothy Morano Jun 12, 2025 08:46 Character.AI unveils a novel framework to evaluate AI fashions primarily based on compelling writing rules, enhancing storytelling and interactive conversations. Character.AI has introduced the event of an revolutionary framework aimed toward evaluating giant language fashions (LLMs) by means of the lens of compelling writing rules. This framework seeks to measure the subjective qualities of participating storytelling and dialog, setting a brand new customary in mannequin analysis, based on Character.AI Weblog. Challenges in Measuring Subjective Qualities Conventional benchmarks for evaluating LLMs typically deal with metrics corresponding to perplexity, fluency, and coherence. Nevertheless, Character.AI goals to…

Bluebird Mining Ventures Ltd., a pan Asian gold venture growth firm, not too long ago introduced a significant strategic shift. It plans to transform future revenues from its gold mining tasks into bitcoin and undertake bitcoin as a treasury reserve asset.  “By adopting a ‘gold plus a digital gold’ technique, it provides the Firm a possibility to show the web page and look to the longer term and search to draw a brand new sort of shareholder,” mentioned the Govt Director and CEO of Bluebird Aidan Bishop. “Beneath the management of a brand new CEO, as soon as recognized, it’s…

Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure Charles Hoskinson has laid out the broad contours of what he calls a “decentralized sovereign wealth fund” for Cardano, arguing in a 18-minute livestream on 12 June that the community’s treasury must be actively managed, diversified past ADA, and finally expanded right into a multi-asset portfolio price at the very least a billion {dollars}.Talking from Colorado, the Cardano founder mentioned the chain’s present treasury—roughly 1.7 billion ADA, or about $1.2 billion at prevailing costs—is “nothing to snigger at,” but stays a push-only pool funded by block…

VICTORIA, Seychelles, June 13, 2025 /PRNewswire/ — MEXC, a number one international cryptocurrency trade, as we speak introduced the launch of its most formidable mid-year buying and selling occasion, the Golden Period Showdown. The three-week occasion gives contributors the chance to win from a prize pool price as much as 10 million USDT, together with actual gold bars and Bitcoin rewards.Golden Period Showdown: A number of Methods to Win HugeThe Golden Period Showdown includes a dynamic prize pool construction the place elevated participation instantly advantages all merchants. The extra contributors who be part of, the larger the prize pool grows…

In short SharpLink Gaming unveiled a $462 million Ethereum acquisition, saying that 95% of the funds had already been deployed in decentralized finance, or DeFi, protocols. The corporate’s inventory dropped over 70% on Thursday throughout after-hours buying and selling as the general public tried to evaluate the importance of an S-3 shelf prospectus. The Ethereum Basis held $540 million price of Ethereum on Friday, Akrham Intelligence information confirmed. SharpLink Gaming just lately acquired $462 million price of Ethereum, changing into the asset’s largest holder amongst public corporations, in keeping with an organization weblog submit printed on Friday. The Nasdaq-listed on-line playing…

Key takeawaysThe SEC has clarified that solo staking, delegated staking and custodial staking, when tied on to a community’s consensus course of, don’t qualify as securities choices.Submit Might 29 guideline, rewards earned from community validation are seen as compensation for companies, not income from the efforts of others, eradicating them from the Howey check classification.Validators, node operators and retail or institutional stakers can now take part with out worry of regulatory uncertainty, encouraging wider adoption of PoS networks.Yield farming, ROI-guaranteed DeFi bundles and staking-disguised lending schemes stay outdoors authorized bounds and could also be handled as securities choices.On Might 29,…

Management in crypto is commonly assumed however not often actual. Mantra’s $6 billion worth drop was a harsh reminder. Shedding 90% of worth in hours attributable to centralized exchange-triggered liquidations reveals deeper flaws past mere volatility; it highlights the fragility of centralized dependencies. Bitget’s recent assist for in-wallet direct buying and selling simplifies entry to memecoins. It gives faster trades, however the system’s basis stays unchanged. Whereas the expertise improves, precise management nonetheless lies past the person. The identical problem ties each occasions: folks utilizing platforms the place they don’t maintain the keys. On the flip facet, Chilly Pockets (CWT)…

Crypto US shares are exhibiting combined alerts amid the escalating Iran-Israel battle, with Circle (CRCL), Galaxy Digital (GLXY), and Riot Platforms (RIOT) all reacting to heightened market volatility. CRCL has surged over 250% since its IPO and is approaching a key resistance at $118.95. In distinction, GLXY has been down greater than 21% since its Nasdaq debut, whereas RIOT dropped over 9% within the final 24 hours, in tandem with Bitcoin’s pullback. Circle Web Group (CRCL) Circle’s USDC stablecoin is now reside on the XRP Ledger, marking a significant step in cross-chain integration and stablecoin adoption. The native launch—requiring no bridges—brings…

Elon Musk’s favorability amongst Republicans dropped 16 factors following his public feud with Trump. Musk apologized for harsh posts, whereas Trump signaled he’s open to transferring on. Regardless of criticism, 80% of Republicans approve of Musk’s work as DOGE chief. The as soon as fiery trade between President Donald Trump and billionaire Elon Musk appears to be fading, with each side displaying indicators of reconciliation. Nonetheless, the general public conflict seems to have taken a toll on Musk’s popularity—particularly amongst Republican voters. JUST IN: 🇺🇸 Donald Trump says Elon Musk “is a buddy” regardless of their dispute just a few…