Billionaire Bill Miller IV says proof‑of‑stake blockchains such as Ethereum and Solana are unlikely to “win at the end of the day,” arguing that Bitcoin’s proof‑of‑work design confers a durability other networks can’t match. In a July 28 interview with CNBC’s “Closing Bell,” the billionaire investor said recent US policy moves may give proof‑of‑stake assets […]
Twenty One Capital aims for new financial era with Bitcoin-backed shares
Bitcoin investment firm Twenty One Capital is set to receive 5,800 BTC from stablecoin issuer Tether as it prepares for its upcoming public listing, according to a July 29 statement. This inflow would bring the firm’s total Bitcoin holdings to over 43,500 BTC, making it the third-largest corporate holder globally. It would rank just behind […]
Interactive Brokers weighs launching customer stablecoin to power 24/7 funding
Interactive Brokers is considering launching a stablecoin for customers, a move that would add one of the world’s largest discount brokerages to the list of firms using crypto, Reuters reported on July 28. Founder Thomas Peterffy said in an interview with the newswire that the company is “working on potentially issuing stablecoins.” However, a final […]
Solana co-founder criticizes memecoins despite driving its growth
Anatoly Yakovenko, co-founder of the Solana blockchain, has described memecoins and NFTs as “digital slop,” even as the network continues to benefit massively from the hype surrounding these assets. In a July 28 post on X, Yakovenko argued that memecoins and NFTs lack inherent value. He compared them to loot boxes in mobile games, which […]
Mind the gap: Bitcoin’s CME futures leave $1,770 unfilled gap over weekend
Bitcoin has entered the final week of July with a visible imbalance in its price structure. The CME Bitcoin futures market reopened on Sunday, July 27, nearly $1,770 above where it had last traded on Friday, July 25, creating an upward gap between $118,295 and $120,065. This is the widest weekend gap since mid-June and […]
China’s Kuaishou employees accused in $20M Bitcoin laundering scheme
Authorities in Beijing’s Haidian District have reportedly uncovered a Bitcoin laundering operation involving approximately 140 million yuan (around $20 million) allegedly stolen by employees of Kuaishou, a leading Chinese short-form video platform. The investigation revealed that several Kuaishou employees conspired with external parties to embezzle company funds for business development incentives. Under the platform’s subsidy […]
The GENIUS Act, Wall Street, and the dollar’s digital leap
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. If 2024 was the year of the dragon, 2025 has been the year of the stablecoin. U.S. dollar-backed digital assets, in particular, have taken […]
Robert Kiyosaki slams ETFs for being ‘paper versions’ of Bitcoin, gold and silver
Investor and “Rich Dad Poor Dad” author Robert Kiyosaki warned investors to beware of holding Bitcoin (BTC), gold and silver through exchange‑traded funds, saying those paper‑based instruments are no substitute for the real thing. Kiyosaki likened ETFs to having only a “picture of a gun” for self‑defense, useful in good times but useless in a […]
Polymarket $10k bet on NASCAR race turns to $60k dispute following Zelensky controversy
A routine $10,000 prediction market on Polymarket covering Sunday’s NASCAR Cup Series race erupted into a dispute in UMA’s history after the oracle rejected an early settlement proposal, despite it being accurate. As reported by the X user known as Domer on July 24, the clash has revived questions about how UMA’s optimistic‑oracle process balances […]
public firms holding at least 1,000 BTC grow 50% in 2025 – Fidelity
The cohort of publicly traded companies with holdings of at least 1,000 Bitcoin (BTC) has surged from 24 at the end of the first quarter to 35 as of July 25, representing a nearly 50% increase. According to new figures released by Chris Kuiper, vice president of research at Fidelity Digital Assets, the growth pushes […]