Tag: News

Cango finalizes pivot to a Bitcoin mining company

Cango Inc., a publicly traded company listed on the New York Stock Exchange, has completed its transformation into a Bitcoin miner. Cango, a Chinese firm listed in the United States that announced plans to pivot into a Bitcoin (BTC) mining…...
Read More

The Protocol: Ethereum Validator Exit Queue Backs Up

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Ethereum Validator Exit Queue Tops $2B as Stakers Rush to Quit After 160% Rally Jito Launches BAM to Reshape Solana’s Blockspace Economy...
Read More

$260 billion later, stablecoins have become too big to ignore

What happens when $260 billion in stablecoins start moving through banks, buying Treasuries, and bypassing traditional financial infrastructure altogether? A federal rulebook for stablecoins emerges The idea of a privately issued digital dollar operating alongside the traditional banking system was…...
Read More

Tron Overtakes Ethereum As Monthly Average Fees Surge To New Levels

The Tron network, one of the leading blockchains in the market, appears to have regained steam following the renewed bullish sentiment across the crypto sector. Recent data show that the network, especially its fees, has risen sharply to new levels that exceed even those of other chains such as...
Read More

Flare (FLR) Soars 70% This Month — What’s Fueling the Surge?

TL;DR After months of consolidation, Flare is finally breaking out, reclaiming $0.024 support and targeting $0.037 resistance. Over $776M in FLR are now staked, shrinking supply and boosting long-term holder confidence across the network. TrustSwap and Team Finance integrations bring new tools for developers building on Flare’s ecosystem. Clear...
Read More