It’s All About Crypto Blog
Why Are There So Many Cryptocurrencies?
The other day I came across a statistic that made my jaw drop: over 1.2 million tokens were created on the Solana blockchain — all within the past month! That’s an absurd number. Why would anyone need so many? Money was invented to serve as a universal medium of exchange. Universal implies shared by all. Ideally — singular. Because what is money...
Coinbase opens weekend futures trading for U.S. customers
It might not sound like a big deal at first. After all, the rest of the world has had 24/7 access to crypto futures for years. But Coinbase is making a point: it's the first U.S. exchange to fully drop the idea of “trading hours” for BTC and ETH futures. From now on, every hour is trading hour. Let that sink in. Until now, the massive American market essentially...
One of the largest Bitcoin miners posted a $533M quarterly loss
MARA Holdings, one of the largest public Bitcoin miners, has reported a $533 million loss for Q1 2025. It’s a paper loss (mostly a write-down of previous gains), but what caught our attention were the operating figures. MARA’s electricity cost to mine a single BTC was $35,728 - based on an energy rate of $0.04 per kWh. And...
GENIUS Act: Blockchain Joins the Fight Against Crime
Surprise inside the GENIUS Act - a U.S. bill aimed at creating a federal framework for regulating payment stablecoins: there's a section titled “Anti-Money Laundering Innovation.” And guess what’s listed as an innovation? Blockchain technology. To me, that’s a tectonic shift. * Until now, governments have accused cryptocurrencies of enabling money laundering. * But here, blockchain - the very...
Meet OP-20: BRC-20 but with Higher Fees
Just a day after it was announced that the next Bitcoin Core release would lift the 80-byte limit for OP_RETURN outputs, we already saw a new use case appear. Someone created a token format reminiscent of BRC-20, but instead of storing the data in an inscription (as the BRC-20 standard does), they embedded it directly into the OP_RETURN output. The...
USDKG: A Gold-Backed Stablecoin from Kyrgyzstan
A new stablecoin is on the way. In Q3 2025, USDKG is expected to launch – a USD-pegged stablecoin backed by gold reserves held by Kyrgyzstan’s Ministry of Finance. Which raises the question: what’s the point? Backing a stablecoin is necessary to give holders confidence that their tokens can always be redeemed for something of real value: * Liquity USD (LUSD), like the early version of...
A DEX with an off switch
This morning I was reading the news and suddenly came across a post from the OKX CEO announcing that OKX DEX is back online. My reaction: “Wait, what? They have a DEX?!” So I started digging in. Turns out, back in March, OKX shut it down after hackers tried to launder funds stolen from Bybit through the platform. But... hold on. How do you “shut down” a DEX?...
Why TON Tokens Get “Lost”: Jetton Notification
This week, two tokens on the TON blockchain — Notcoin and DOGS — made headlines by entering the Guinness World Records. No, not for any blockchain innovation, but for a record-breaking drone show over the skies of Dubai. Still, the spotlight on this event is likely to draw new attention to the TON ecosystem — including its tokens. And that’s great… unless...
Who hides better
Bitcoin enthusiast Super Testnet claims to have successfully traced a Monero payment and identified the recipient’s stealth address. The recipient didn’t object over the following two days, so it’s likely that Super Testnet got it right. The post sparked a debate involving two AI bots: Perplexity and another unnamed one. Both argue that this doesn’t pose...
Universal Ethereum Addresses: Small Tweak, Big Impact
The team at Wonderland has proposed a universal address format for the Ethereum ecosystem – one that includes an explicit network tag (Ethereum Mainnet, Arbitrum, Optimism, etc.) directly in the address. Frankly, it’s long overdue. Anyone who works with crypto in practice knows how often this problem comes up – and how much of a headache it causes. Take centralized...
