Base To Launch B20 Standard For Fungible Tokens On Mainnet

Robinhood’s 7% USDG yield via Morpho hit mainnet as HOOD rose ~5% intraday. We unpack revenue levers, key risks, and the metrics that could turn it into a stock catalyst.

The post Tether Burns 2.5 Billion USDT on Ethereum, Largest Supply Cut Since February appeared on BitcoinEthereumNews.com. USDT News Tether removed 2.5 billion USDT from circulation on the Ethereum network on 7 July, on-chain data shows, the largest single-day burn of the dollar-pegged stablecoin since February. The move cut Tether’s total USDT supply to roughly 189.6 billion, most of it concentrated across Ethereum and TRON. Stablecoin issuers routinely destroy tokens when redeeming them for fiat, so a burn of this size is not, on its own, a directional market signal. Still, the scale stood out: it marked the sharpest contraction in USDT supply in nearly five months and immediately drew attention from traders tracking exchange liquidity and cross-chain flows. Unlike algorithmic stablecoins, USDT is backed by reserves, so burns reflect redemption activity. Separately, a leadership-linked ownership change surfaced at the company. Richard Heathcote, who stepped down as Tether’s chief inv

The post Exclusive Interview: Why Tangem Believes Self-Custody Is Entering Its ‘Active’ Era appeared on BitcoinEthereumNews.com. As crypto expands beyond trading into payments, stablecoins, tokenized assets and AI-powered applications, wallets are rapidly evolving. Tangem believes the next generation of users won’t simply store crypto, they’ll actively use it every day. CryptoDaily UK sat down with Tangem Co-founder, CTO and Head of Product, Andrey Lazutkin to discuss why self-custody is entering a new phase, what’s holding mainstream adoption back, and why wallets are becoming the operating system for on-chain finance. “Five years from now, people won’t think about self-custody as a technical feature. They’ll simply think of it as the natural way to own and manage their money.” Self-custody is becoming infrastructure, not just ideology For years, self-custody was largely viewed as crypto’s ideological cornerstone. But according to Andrey Lazutkin, that conversation has fundamentally c

The post Cardano Founder Hoskinson Claims Ethereum Is Secretly Copying Its Biggest Innovation appeared on BitcoinEthereumNews.com. Cardano (ADA) founder Charles Hoskinson has accused Ethereum of copying Cardano’s Extended Unspent Transaction Output (EUTXO) model while treating any mention of the project as taboo. A new Ethereum research proposal triggered the outburst. Ethereum Foundation researcher Toni Wahrstätter published the design this week. It treats payments as one-shot objects, meaning temporary entries rather than permanent state records. Native UTXO Proposal Targets Ethereum State Growth On Ethereum, the first payment to any address writes a permanent state entry. Wahrstätter argues that most simple payments never need one. Instead, his proposal proves a payment’s existence from history and keeps only a single spent marker in state. Bitcoin (BTC) pioneered these one-shot objects. Each payment exists once, gets spent once, and then disappears from the ledger’s active memory.

The post Secret Network Arbitrum Move Driven by AI Security Risks appeared on BitcoinEthereumNews.com. A privacy-focused blockchain abandoning the network it was built on is not something that happens quietly. Secret Network, which has been running privacy-preserving smart contracts on Cosmos since 2020, is now proposing a full migration to Ethereum layer-2 Arbitrum — and the driving force behind the Secret Network Arbitrum move is not just declining liquidity. It is the rising capability of artificial intelligence to crack old, poorly maintained code. Key takeaways Secret Network is proposing to leave Cosmos for Ethereum layer-2 Arbitrum, citing AI-assisted exploit risks and ecosystem liquidity decline. A $4.7 million Axelar-Secret IBC bridge exploit in June underscored the vulnerability of aging infrastructure, though the SCRT token itself was not affected. Cosmos ecosystem TVL has dropped 88% since its 2021 peak to roughly $2 billion; Arbitrum leads all layer-2 networks with $17.4 b

The post ‘Literally a Crime’: Cardano Creator Reacts to Ethereum’s Next Big Innovation appeared on BitcoinEthereumNews.com. Ethereum Foundation developers are looking for a way to save the network from the critical growth of its database and have turned to the architecture of its main competitor. Researcher Toni Wahrstätter proposed introducing elements of the UTXO model into Ethereum, a model that has been successfully used by Cardano for years. Amid this, Cardano founder Charles Hoskinson — a former Ethereum co-founder who left the project in 2014 after a public split over deep disagreements with Vitalik Buterin about the network’s commercial direction — accused his former colleagues of hypocrisy. You Might Also Like Ripple-Operated Rail Dropped by Major Software Company XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet Ethereum’s problem lies in its account-based model, as the network is forced to permanently store active dat

The post Base activates B20 token standard for stablecoins and tokenized assets appeared on BitcoinEthereumNews.com. Base has activated its B20 token standard on the mainnet, allowing developers to issue native stablecoins, tokenized real-world assets, and other fungible tokens without deploying custom ERC-20 smart contracts. Summary Base has activated the B20 token standard on mainnet, allowing developers to issue native stablecoins, tokenized real world assets, and other fungible tokens. The protocol includes built in issuer controls while remaining compatible with ERC 20 wallets, exchanges, and other supporting infrastructure. The B20 launch comes after recent Base sequencer outages and the one day delay of the Beryl network upgrade. According to Base documentation, the B20 standard went live on the network at 6:00 pm UTC, enabling developers to begin creating tokens under the protocol-level framework introduced through the Beryl upgrade. The launch allows issuers to create stableco

The post Base Network’s Pioneering Move to Simplify Digital Tokenization appeared on BitcoinEthereumNews.com. Coinbase-supported Base, an innovative Ethereum layer-2 network, is set to revolutionize the token issuance landscape with the launch of its B20 standard on the mainnet. Scheduled for activation at 18:00 UTC, this new standard offers a streamlined framework for creating stablecoins, tokenized real-world assets, and other fungible tokens, without the need for customized ERC20 contracts. […] Continue Reading:Base Network’s Pioneering Move to Simplify Digital Tokenization Source: https://en.bitcoinhaber.net/base-networks-pioneering-move-to-simplify-digital-tokenization