Twenty-One Weighs Mergers With Strike, Elektron to Create Publicly Traded Bitcoin Giant
Bitcoin mining company Twenty-One is exploring strategic mergers with Strike and Elektron to form a publicly traded Bitcoin giant. The consolidation aims to strengthen operational scale and market position amid intensifying competition in crypto mining. Bitcoin trades near $76,471, with broader market volatility. Such institutional-level consolidation could signal growing maturity in India's emerging crypto sector interest.
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MegaETH Token Launches as Ethereum Layer-2 Network's Novel Rewards System Is Tested
MegaETH token launches alongside Ethereum's Layer-2 network, introducing a novel rewards system under testing. The token powers the protocol's incentive mechanism, aiming to enhance network participation and user engagement. Layer-2 solutions reduce Ethereum transaction costs and speeds, making them critical for scaling adoption in India's growing crypto market. MegaETH's success depends on reward distribution efficiency and community adoption.
Coinbase's asset manager to offer stablecoin credit fund with tokenized share class
The fund, dubbed CUSHY, targets yield from onchain lending and private credit, offering tokenized access through Superstate for institutional investors....