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02:50
Former Ethereum Foundation member: Ethereum core development may face a funding crisis in 3 to 9 monthsForesight News reported that former Ethereum Foundation member Trent Van Epps tweeted that the Ethereum Foundation will not be the main administrator of Ethereum for the next 10 years, and that the ecosystem needs to reset the social, political, and economic contracts among stakeholders. The Ethereum Foundation’s treasury is limited and becoming increasingly constrained. The four-year Client Incentive Program (CIP), which uses staking returns to fund client teams, will expire in April 2026, and no replacement plan has been seen. According to his recent conversations with core development stakeholders, Ethereum core development (clients, research, coordination) may face a slow funding crisis in the next 3 to 9 months. Currently, maintaining the delivery capacity of over 10 client, research, and coordination teams requires about 30 million USD in sustainable funding per year. If there is a funding gap, it will lead to the loss of key talent, reduced protocol maintenance capacity, and will affect long-term scaling and the response to challenges such as quantum computing.
02:46
Caixin: Token export for AI inference services may become a new application scenario for central bank digital currenciesAccording to Caixin, the export of tokens for AI inference services is seen as a potential application scenario for central bank digital currency (CBDC) in cross-border payments and settlements. The trusted settlement protocol features of CBDC can be integrated with enterprise-level AI service metering systems, enabling a closed-loop process from activation and billing to clearing and settlement.
02:41
STRC depegging intensified in the early morning, once dropping to $82.7, and closed at $88.8BlockBeats news, June 19, according to Bitget market data, the "Stretch" variable-rate perpetual preferred stock STRC issued by Strategy (MicroStrategy) experienced a severe depeg to a recent low, plummeting to as low as $82.7 early this morning, and closing at $88.8. Reportedly, STRC is the preferred stock used by Strategy to raise funds from the market to buy Bitcoin. Its par value is roughly anchored at $100, pays a relatively high dividend, and its dividend rate adjusts according to price fluctuations, with the goal of keeping it trading close to par value. The significant depegging of STRC indicates that the market demands a higher yield, and also shows that investors' confidence in its creditworthiness/dividend stability has decreased. Previously, Strategy relied heavily on issuing STRC to finance its Bitcoin purchases; if the STRC price falls below par, it is no longer cost-effective for the company to issue new STRC, which is equivalent to borrowing at a higher cost. Therefore, its "continued ability to buy coins" would be weakened.
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