Proof-of-authority is a blockchain consensus mechanism where a limited number of trusted validators are authorized to create new blocks and confirm transactions. Validators’ identities are known and verified, which reduces the need for energy-intensive computations. This system prioritizes speed and efficiency over decentralization, making it suitable for private or consortium blockchains. Validators are incentivized to act honestly, as misbehavior can damage their reputation. Proof-of-authority provides fast, secure, and reliable transaction processing for networks with trusted participants.
European lawmakers endorsed the European Central Bank’s digital euro project, framing it as a strategic tool to strengthen monetary sovereignty and reduce reliance on foreign payment providers.
Sam Bankman-Fried has asked a federal court to grant a new trial in the FTX fraud case, citing newly available witness testimony he argues could undermine his conviction.
Gemini’s decision to withdraw from the UK, EU, and Australia has intensified industry concerns that slow, overlapping regulation is undermining Britain’s crypto hub strategy.
US spot Bitcoin ETFs attracted $145 million in new inflows as Bitcoin hovered near $70,000, adding to signs that institutional selling pressure is easing.
Ripple has added new security and staking integrations to its institutional custody platform, aiming to simplify deployment for banks and regulated custodians.
Bernstein analysts maintained a $150,000 Bitcoin target for 2026, arguing the recent sell-off reflects a confidence shock rather than structural market stress.
Jump Trading is set to provide market-making services to Kalshi and Polymarket in exchange for equity stakes, deepening institutional involvement in prediction markets.
Telegram has launched Mira, a blockchain-based AI assistant integrated into chats, as the platform expands into AI services alongside crypto payments and commerce infrastructure.
Michael Saylor’s Strategy added $90 million in Bitcoin as prices traded below the company’s average acquisition cost, reinforcing its long-term accumulation approach amid market volatility.
A Bored Ape Yacht Club NFT purchased by Justin Bieber for $1.3 million in 2022 is currently valued at approximately $12,000.