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US debt ceiling, declining trust in banks send ETH staking to record highs

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The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, confidence in the U.S. dollar, bank collapses and the high APR offered on ETH staking.

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Coin Market

Pencil Finance completes $1M onchain lending cycle for 6.6K students in Southeast Asia

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Pencil Finance said that its first-of-a-kind loan offered financing to 6,600 students in Southeast Asia who were underserved by traditional lenders.

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Kalshi seeks CFTC approval for WTI crude perpetual futures: Report

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Kalshi reportedly plans to file for approval of a WTI crude oil perpetual futures contract that would trade around the clock five days a week without an expiration date.

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Coldcard hacker swaps stolen Bitcoin for ETH via THORChain

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The third-wave Coldcard exploiter moved about 10% of stolen funds through THORChain as researchers traced the assets to a new Ethereum address.

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