L1s face decentralization 'tug-of-war' as adoption grows: Injective CEO

Blockchains will face increasing pressure to compromise on decentralization to meet user demand for speed and scalability, Injective CEO Eric Chen said. Source: Cointelegraph

Blockchains will face increasing pressure to compromise on decentralization to meet user demand for speed and scalability, Injective CEO Eric Chen said. Source: Cointelegraph

The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve. Source: Cointelegraph

Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy’s selling. Source: Cointelegraph

Bollinger Bands creator John Bollinger says the charts suggest Bitcoin could take off from here. Vitalik Buterin unveils a new Ethereum strawmap, but why is it taking so long? Source: Cointelegraph

The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs. Source: Cointelegraph

The Luxembourg approval completes the company’s MiCA licensing process, enabling it to provide regulated crypto-asset services across the European Economic Area. Source: Cointelegraph

Bitmine’s big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday. Source: Cointelegraph

The UN Development Programme said blockchain payment pilots in five countries cut costs, improved resilience and will now inform wider use across its humanitarian and development programs. Source: Cointelegraph

The Bitcoin miner signed a 20-year AI infrastructure lease with Anthropic and sold its majority stake in a separate AI data center joint venture. Source: Cointelegraph

Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy’s 3,600 BTC sell-off, but analysis eyed a potential buy announcement in the coming days. Source: Cointelegraph