Author: admin

In brief Sen. Cynthia Lummis has urged banks to “embrace” stablecoins, calling them a faster, cheaper payment rail and “an entirely new financial product” for customers. CLARITY Act talks have stalled after the Senate markup was pulled, with banks pushing limits on stablecoin rewards and warning of deposit volatility. Treasury Secretary Bessent pressed for the bill to pass, while analysts say delays raise uncertainty as stablecoins gain “strategic significance.” Senator Cynthia Lummis (R-WY) has urged traditional banks on Thursday to embrace stablecoins and view digital assets as a business opportunity, pushing back against banking industry opposition that has stalled crypto’s…

📊No votes yet – Be the first to vote Ethereum’s big boss dropped a bomb. Vitalik Buterin just told the crypto world that Layer 2 scaling for Ethereum basically doesn’t work anymore, and he’s not holding back about why the whole thing fell apart. Progress crawled to a halt while fees stayed dirt cheap on the main network. Buterin laid out two massive problems killing the Layer 2 dream in his latest X post. First, these Layer 2 networks can’t seem to get their act together on decentralization and interoperability – they’re moving slower than molasses. Second, Ethereum’s mainnet fees…

Bitcoin miner MARA moved 1,318 BTC worth about $86.89 million to a mix of counterparties and custody venues over the past 10 hours, onchain data tracked by Arkham shows.The biggest slice went to Two Prime. One transfer sent 653.773 BTC, around $42.01 million, to a Two Prime tagged address, alongside a smaller 8.999 BTC top up worth about $578,000 just minutes later. Separate outbound transactions sent 200 BTC and 99.999 BTC to a BitGo tagged address, together about $20.4 million at the time of transfer, while another 305 BTC moved to a fresh address, worth roughly $20.72 million.(Arkham) The flow…

Some crypto companies have proposed giving community banks a bigger stablecoin role as Senate negotiations stall over the contentious market structure bill.Crypto companies are reportedly floating concessions relating to stablecoin yields in an attempt to unfreeze the delayed crypto market structure bill. The legislation passed the House but has stalled in the Senate as negotiations continue over whether stablecoin issuers should be allowed to offer yields, with banks arguing that such offerings would compete with and take money away from traditional savings accounts.Anonymous sources told Bloomberg that crypto firms are now proposing measures, such as giving community banks a larger role…

Jessie A Ellis Feb 04, 2026 20:11 NVIDIA now offers free GPU-accelerated API access to Kimi K2.5, a 1T parameter multimodal AI model with 384 experts and 262K context length for developers. NVIDIA has rolled out GPU-accelerated endpoints for Moonshot AI’s Kimi K2.5, giving developers free API access to one of the most capable open-source multimodal models currently available. The integration, announced February 4, 2026, positions the 1 trillion parameter model for rapid enterprise adoption through NVIDIA’s build.nvidia.com platform. Kimi K2.5 packs serious technical specifications that matter for production deployments. The model uses a Mixture-of-Experts architecture with 384 experts, activating…

Key Takeaways Crypto investment products recorded $1.73 billion in outflows, the largest weekly total since mid-November 2025. Bitcoin and Ethereum bore the brunt of the selling, while Solana stood out with modest inflows. Outflows were heavily concentrated in the United States, while Europe and Canada saw small but notable inflows. Crypto investment products suffered their largest weekly outflows since mid-November 2025, with investors pulling a combined $1.73 billion from the market. According to the latest CoinShares data , the sell-off was driven by fading expectations of interest rate cuts, persistent negative price momentum, and growing frustration that digital assets have yet…

A U.S. House investigation is probing whether World Liberty Financial, a Trump-associated crypto venture, and its dollar-pegged token became entangled with foreign sovereign capital and U.S. technology policy.The move follows a Wall Street Journal report that an Abu Dhabi-linked entity secretly agreed to buy a 49% stake in World Liberty Financial for $500 Million shortly before President Donald Trump’s inauguration in early 2025.Rep. Ro Khanna (D-Penn), ranking member of the House Select Committee on the Chinese Communist Party – a temporary U.S. House panel that investigates and studies how China affects U.S. interests – has sent a formal letter demanding…

Buterin argued that many Layer 2s no longer meaningfully inherit Ethereum security. Ethereum co-founder Vitalik Buterin said recent developments mean the original conception of Layer 2 scaling within the ETH ecosystem is no longer viable. He said that the progress among many L2 networks has fallen short of earlier expectations, while the mainnet continues to scale directly. Slow Progress, Low Fees In a recent post on X, Buterin pointed to two important realities reshaping the debate. First, there is the slow and difficult progress of L2s toward “stage 2” decentralization and interoperability, and the fact that Ethereum’s mainnet has already…

Bhutan has offloaded over $22 million in Bitcoin mined through its state-owned mining venture as the cryptocurrency’s price continues to tumble and mining conditions worsen.Data from blockchain analytics platform Arkham shows that Bhutan moved 184 Bitcoin (BTC) worth $14 million from its national reserve on Wednesday, adding to another 100.8 Bitcoin transfer worth $8.3 million last Friday. The $22.3 million worth of transfers were sent to crypto market maker QCP Capital, Arkham said. Transferring assets to market makers often signals a sale, as they help convert those assets into liquid markets.The South Asian country has accumulated about $765 million in Bitcoin…

During Devconnect Buenos Aires, the Ethereum Foundation and Secureum TrustX brought together Ethereum security practitioners for Trillion Dollar Security Day, a focused event exploring what it would take to securely support a trillion-dollar Ethereum economy. The event brought together around eighty participants from across the Ethereum Security Ecosystem—spanning Infrastructure, Interoperability, Layer 1 & 2, Onchain, Offchain, Privacy, and Wallets—to assess the current security landscape, surface shared challenges, and identify concrete next steps across the stack. The discussions and outputs from this event contribute to the Ethereum Foundation’s ongoing One Trillion Dollar Security (1TS) initiative. Why a Trillion Dollar Security Day?…