A guaranteed income pilot program is launching in one US county to help those already enrolled in government aid programs pay for basic needs. Contra Costa County in California will provide 178 people with up to $1,250 per month for 18 months, reports CBS News. The program has just been approved by the Contra Costa County Board of Supervisors, which previously allocated $3.25 million in county funds and another $1 million in state funds for the effort. The program will be administered by the county’s Employment and Human Services Department. Those eligible are from four specific populations: youth transitioning out of foster care, families with young children experiencing financial hardship, low-income seniors and people on probation returning to the community after incarceration. Participants also need to be enrolled in county-sponsored programs to be eligible, such as CalWORKs. The first payments are expected to go out on January 15th. Says Marla Stuart, director of the county’s Employment and Human Services Department, “I think you can provide the most, the largest percent of the budget, to the benefits themselves if you don’t have to invest in administrative overhead, advertising, applications, determining eligibility and then managing the case throughout the period.” Board chair Candace Andersen says the program is a pilot that may result in an expanded effort, noting there are more than 300,000 people in Contra Costa County on some form of government assistance. “Most pilots are put in place to say, ‘Hey, does this work? Should we then expand it into a bigger program that might help even more people?’ And that’s what this is.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Up to $22,500 per Participant To Be Handed Out as US County Greenlights Guaranteed Income Pilot Program: Report appeared first on The Daily Hodl .
A presale refers to an early sale of tokens before they are listed on public
Two cryptocurrency wallets, believed to be controlled by a single entity, recently acquired a substantial amount of 4,552 ETH through Binance, representing a transaction value near $13.7 million. This sizable
The Maltese Financial Services Authority (MFSA) assured that no Maltese MiCA licenses are at risk of being revoked following a peer review by the European Securities and Markets Authority (ESMA). “No MiCA license in Malta is at risk of revocation or re-examination due to the outcome of the peer review,” an MFSA spokesperson. The regulator specified that it has already begun addressing issues that were raised in the review, showcasing its commitment to high regulatory standards and collaboration with EU institutions. Malta Maintains Its EU Crypto Regulation Leadership The ESMA review focused on identifying gaps in authorization in Malta’s crypto regulation. But the MFSA pointed out that the report confirmed its solidity as a regulator. “Malta was a pioneer in crypto regulation back in 2018,” the MFSA added. Industry observers agreed. Nathan Catania, partner at XReg Consulting, stated that Malta’s forerunner in regulating crypto asset service providers (CASPs) placed the island in front of other EU jurisdictions prior to MiCA’s arrival. ESMA’s report also made generic suggestions for all EU National Competent Authorities (NCAs). These were: Parallel assessment of CASP business plans Solving any potential conflict of interest Exposure assessment to DeFi and unregulated services MFSA CEO Kenneth Farrugia affirmed Malta’s readiness to implement the suggested standards, with implementation to be completed by September 2025. “This review gives additional assurance to those considering licensing in Malta,” Farrugia stated. Malta’s Long Journey Toward Crypto Regulation The dream of being a “blockchain island” started for Malta in 2018 when it led the world as the first country to fully regulate the financial as well as the technical aspect of crypto. However, its journey has not been without critics. A great number of early license applicants failed MFSA’s tests, and the exodus of most firms after making the shift raised questions among people. Despite the hiccups, the MFSA has always been a rule of law player. In response to the crypto meltdowns like FTX’s meltdown, the MFSA left no room for doubt that unlicensed entities had no place operating under its umbrella. EU Review Reflcts Broader Oversight Strategy Although the ESMA review was done in Malta, the agency made sure to highlight that the findings will shape future supervision across the EU. The peer review system will be utilized internally in assessing other members’ crypto regulations. By staying ahead of the implementation timeline and sealing loopholes rapidly, Malta is seeking to solidify its place as a reliable and innovative regulator in the EU’s emerging crypto environment.
The post SEI Price is Surging: What’s Driving It and How High Can It Go? appeared first on Coinpedia Fintech News Sei Network’s Explosive Ecosystem Growth The Sei blockchain is experiencing massive growth in both users and transaction volume. In just the past month, the network’s Total Value Locked (TVL) surged past $540 million, while daily decentralized exchange (DEX) volume regularly crosses $60 million. More than 266,000 new wallets were created in the last year alone, showcasing a growth rate of over 31,000%. This explosion in network adoption signals genuine user interest and utility. New projects, including DeFi, NFT, and gaming dApps, continue to build on Sei, further enhancing its value proposition. The ecosystem expansion is not just speculative hype—it reflects increasing demand for scalable and cost-efficient platforms tailored for traders. As more developers are onboarded and retail participation grows, SEI’s utility and token value could keep rising in tandem. Strategic Integrations Fueling Institutional Interest SEI’s rally isn’t only due to grassroots growth—it’s also driven by institutional confidence. Recent partnerships like the integration of native USDC via Circle’s CCTP V2 are game-changers. This reduces cross-chain friction, increases liquidity, and simplifies capital inflow across ecosystems. Moreover, the Wyoming Stable Token Commission recently shortlisted SEI as a potential blockchain to host a state-backed stablecoin—a strong nod to its performance and reliability. These integrations bring more than headlines; they attract long-term institutional capital. Additionally, validator APYs have increased to over 9%, further incentivizing staking and reducing circulating supply. All these moves showcase SEI’s growing legitimacy as an infrastructure layer for both decentralized and government-level finance. If this momentum continues, SEI could transition from a promising altcoin to a core holding in many crypto portfolios. Price Outlook: How High Can SEI Go? The SEI price has recently broken past resistance around $0.26 and is now trading above $0.34, marking a nearly 70% rise from recent lows. If this momentum continues, short-term targets lie in the $0.38–$0.40 range. In the mid- to long term, bullish forecasts suggest SEI could reach $0.77 to $1.12 by the end of 2025, especially if network usage sustains its upward trend. The short-term price action appears to be extremely bullish, as the price has printed the second consecutive bullish candle, which is pretty huge. Previously, a similar breakout elevated the levels from $0.19 to $0.3 and hence the rise from $0.26 is expected to elevate the levels above $0.4. The RSI is incremental and is about to enter the overbought range, which could push the prices higher. With this, the 50-day & 200-day MA could undergo a bullish crossover, which may further push the prices close to or above $0.5. Once the levels settle above this range, the SEI price could surge and form a new ATH or may even achieve the psychological level at $1. Long-term projections (2027–2030) even point to SEI hitting $2.00 or higher, contingent on broader market cycles and continued adoption. Still, SEI remains a relatively new and volatile asset, and investors should watch for technical pullbacks. With high volume, surging fundamentals, and favorable sentiment, SEI could emerge as one of this cycle’s breakout altcoins.
The world of cryptocurrency is often abuzz with rapid developments, and recent whispers about a significant ETH sale sparked considerable discussion within the Ethereum community. Was the Ethereum Foundation offloading assets? The question hung in the air, prompting speculation and curiosity. Thankfully, clarity has emerged, shedding light on the true nature of this transaction and introducing a new, pivotal player in the Ethereum ecosystem. What’s the Buzz About the Recent ETH Sale and Who is Behind It? For a brief period, a wave of concern rippled through the crypto space as reports surfaced about a substantial sale of 1,210 ETH, valued at approximately 3.5 million USDC. Naturally, when an entity as influential as the Ethereum Foundation is associated with such a large transaction, the community takes notice. Initial speculation quickly pointed fingers, leading to questions about the EF’s financial strategy or potential shifts in its long-term vision. However, these concerns were swiftly addressed and put to rest by Hsiao-Wei Wang, co-Executive Director of the Ethereum Foundation , who took to X (formerly Twitter) to provide a crucial ETH sale clarification . Wang unequivocally stated that the sale was not executed by the Ethereum Foundation itself. Instead, the transaction was carried out by a newly formed, independent non-profit organization known as Argot Collective. This clarification is vital for maintaining transparency and trust within the decentralized ecosystem. It underscores the importance of accurate information dissemination, especially when dealing with high-value transactions involving key players. The distinction between the Ethereum Foundation and Argot Collective, though both deeply rooted in the Ethereum ecosystem, is a key takeaway from this incident, showcasing a maturing approach to governance and operations. Unveiling Argot Collective: A New Era for Ethereum Infrastructure? So, who exactly is Argot Collective , and why are they involved in such significant transactions and responsibilities? Argot Collective is not just any new player; it’s a non-profit organization formed by a group of 25 highly experienced individuals, all of whom are former employees of the Ethereum Foundation . This makes their emergence particularly noteworthy, as they bring with them a deep understanding of Ethereum’s intricate workings and its foundational principles, having been integral to its development for years. The primary responsibility now entrusted to Argot Collective is the maintenance of Ethereum’s core infrastructure. This is a monumental task, encompassing everything from protocol upgrades and security audits to ensuring the network’s stability and continued evolution. This transition marks a strategic move towards further decentralizing the development and maintenance aspects of Ethereum, distributing responsibility among capable, independent entities rather than concentrating it solely within the Ethereum Foundation. The benefits of this transition are multi-faceted: Specialized Focus: Argot Collective can dedicate its entire focus to core infrastructure, potentially leading to more efficient and streamlined development cycles for critical network components. Reduced Centralization Risk: By distributing responsibilities, the Ethereum ecosystem becomes more resilient to potential single points of failure, enhancing its robustness and censorship resistance. Leveraging Expertise: The collective comprises individuals with invaluable, direct experience from their time at the EF, ensuring continuity, high-quality work, and a seamless transfer of institutional knowledge. Enhanced Agility: As a smaller, dedicated non-profit, Argot may be able to respond to urgent infrastructure needs with greater agility than a larger foundation. This development signifies a maturing ecosystem, where foundational responsibilities are progressively handed over to specialized, independent groups, fostering a more robust and truly decentralized future for Ethereum. How Does This Move Bolster Ethereum Foundation’s Ethereum Decentralization Efforts? The Ethereum Foundation has long championed the ethos of decentralization. From its inception, the goal has been to create a global, permissionless, and censorship-resistant network that operates without reliance on a central authority. While the EF has played a crucial role in bootstrapping the network, funding research, and coordinating development, its long-term vision has always included a gradual reduction of its direct operational footprint as the ecosystem matures. The delegation of core infrastructure maintenance to Argot Collective is a significant step in this ongoing journey towards Ethereum decentralization . It demonstrates the EF’s commitment to fostering a truly distributed network where various independent teams and organizations contribute to its health and growth. This move lessens the perceived central control of the Ethereum Foundation over critical operational aspects, distributing it among a broader set of stakeholders and reinforcing the network’s decentralized nature. Consider the implications: Aspect Before Argot Collective After Argot Collective Core Maintenance Responsibility Primarily within EF’s direct purview, alongside other mandates. Transferred to independent Argot Collective, dedicated solely to this function. Decentralization Impact EF maintains significant operational control, potentially seen as a central point. Reduced central point of control, increased distribution of critical tasks. Community Perception Some perceived centralization around EF’s extensive roles. Clearer separation of roles, more distributed power and responsibility. Resource Allocation EF’s resources spread across multiple initiatives. Argot Collective’s resources hyper-focused on infrastructure maintenance. While this transition is largely positive, it’s not without its challenges. Ensuring seamless coordination between Argot Collective and other independent development teams, as well as maintaining transparent communication with the broader community, will be paramount. However, the overarching benefit is a stronger, more resilient network that truly embodies the core principles of blockchain technology and moves closer to a fully decentralized future. What Does This Mean for the Future of Ethereum’s Core Infrastructure? The handover of Ethereum infrastructure maintenance to Argot Collective signals a dynamic shift in how the network’s foundational layers will be managed and evolved. This isn’t merely a change in personnel; it’s a strategic realignment designed to optimize the network’s long-term health and adaptability. With a dedicated team focused solely on the core, we can anticipate several key developments that will shape Ethereum’s trajectory: Enhanced Efficiency: A specialized team, free from the broader mandates of the Ethereum Foundation, can potentially streamline processes and accelerate critical updates, leading to faster implementation of improvements. Increased Resilience: Diversifying the entities responsible for core maintenance adds another layer of security and robustness to the network, making it less susceptible to concentrated risks or single points of failure. This distributed responsibility model enhances the network’s overall anti-fragility. Focused Innovation: Argot Collective’s singular focus on infrastructure can foster innovative solutions for scalability, security, and protocol improvements. Their dedicated expertise could lead to breakthroughs in areas like client diversity, network upgrades, and overall system optimization. Community Engagement: While independent, Argot Collective will undoubtedly need to maintain strong ties with the wider Ethereum developer community and research groups. This collaborative approach ensures that their work aligns with collective goals and emerging needs, fostering a vibrant ecosystem. For developers, this might mean clearer communication channels regarding core protocol changes and a more predictable roadmap for infrastructure upgrades, enabling them to build more confidently on the network. For users, it translates to a more stable, secure, and progressively optimized network experience, reinforcing trust in the platform. This strategic move by the Ethereum Foundation to empower Argot Collective is a testament to the maturing ecosystem, where specialized expertise drives the evolution of one of the world’s most important blockchain networks, paving the way for a more robust and decentralized future. Conclusion: A Bold Step Towards Ethereum’s Decentralized Future The recent ETH sale clarification by the Ethereum Foundation , revealing Argot Collective as the true transactor and the new custodian of Ethereum’s core infrastructure, is more than just a news item; it’s a profound statement about the ongoing evolution of the network. It highlights a deliberate and strategic pivot towards greater Ethereum decentralization , empowering independent, expert-led organizations like Argot Collective to take the reins of vital operational responsibilities. This move strengthens the network’s resilience, fosters specialized innovation, and reinforces the core principles upon which Ethereum was built. As Ethereum continues its journey, such strategic realignments ensure its adaptability and long-term viability in an ever-changing digital landscape, solidifying its position as a truly decentralized global computer. This crucial step promises a more robust and distributed future for the entire Ethereum ecosystem. To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum’s institutional adoption.
The cryptocurrency world is buzzing with excitement as U.S. spot Ethereum ETFs continue their impressive run, recording a staggering total net inflow of $383.1 million on July 10. This significant milestone marks the fifth consecutive day of positive flows, signaling robust and growing interest from institutional investors in the second-largest cryptocurrency by market capitalization. What does this sustained influx of capital mean for the future of digital assets and how are these Ethereum ETF inflows reshaping the investment landscape? Unpacking the Surge: Why Ethereum ETF Inflows Matter The consistent positive flows into U.S. spot Ethereum ETFs are more than just numbers; they represent a pivotal shift in how traditional finance views and engages with cryptocurrencies. A spot ETF allows investors to gain exposure to the underlying asset – in this case, Ethereum – without directly owning it. This simplifies access, enhances liquidity, and provides a regulated investment vehicle, making it highly attractive to institutional players who might otherwise be hesitant to navigate the complexities of direct crypto ownership. For Ethereum, these inflows signify several critical points: Mainstream Validation: The approval and subsequent success of spot Ethereum ETFs lend significant credibility to Ethereum as an asset class, moving it further into the mainstream financial ecosystem. Increased Liquidity: With more capital flowing in, the market depth for Ethereum increases, potentially leading to more stable price discovery and reduced volatility over time. Broader Investor Base: ETFs open the doors to a wider range of investors, including those in traditional retirement accounts and brokerage platforms, who previously had limited direct access to crypto. Who’s Leading the Charge? A Deep Dive into BlackRock’s Dominance While multiple players are vying for market share, one name stands out prominently in the recent wave of inflows: BlackRock . The world’s largest asset manager, through its ETHA ETF, led the pack with an astounding $300.9 million in inflows on July 10 alone. This figure underscores BlackRock’s significant influence and its strategic positioning within the nascent crypto ETF market. Here’s a breakdown of the top performers on July 10, according to data from Farside Investors: ETF Name Ticker Net Inflows (July 10) BlackRock iShares Ethereum Trust ETHA $300.9 million Fidelity Wise Origin Ethereum Fund FETH $37.3 million Grayscale Ethereum Mini Trust Mini ETH $20.7 million Grayscale Ethereum Trust ETHE $18.9 million Bitwise Ethereum ETF ETHW $3.2 million VanEck Ethereum Trust ETHV $2.1 million The substantial lead by BlackRock’s ETHA highlights the immense trust and capital that institutional investors are willing to place in established financial giants when entering the crypto space. Their entry not only brings significant capital but also sophisticated risk management and compliance frameworks, which are crucial for the long-term maturation of the crypto market. The Bigger Picture: What Do These Institutional Investments Signal? The consistent positive flows into Ethereum ETFs are a strong indicator of growing institutional confidence in digital assets beyond Bitcoin. For years, Bitcoin has been the primary gateway for traditional finance into crypto, largely due to its first-mover advantage and perceived store-of-value properties. However, Ethereum’s robust ecosystem, its role in decentralized finance (DeFi), NFTs, and its upcoming scaling solutions, make it an increasingly attractive asset. These institutional investments signal a few key trends: Diversification Beyond Bitcoin: Institutions are looking to diversify their crypto exposure, recognizing Ethereum’s unique value proposition and its potential for significant growth. Long-Term Bullish Sentiment: Sustained inflows suggest that these are not short-term speculative plays but rather long-term strategic allocations, indicating a bullish outlook on Ethereum’s future. Maturation of the Crypto Market: The ability to launch and successfully operate such financial products signifies the increasing maturity and regulatory acceptance of the crypto market as a whole. This trend mirrors the success seen with spot Bitcoin ETFs earlier this year, which brought billions into the crypto market and contributed to Bitcoin’s rally. The expectation is that Ethereum ETFs could follow a similar trajectory, attracting a new wave of capital and further integrating crypto into global finance. Navigating the Market: The Impact on Ethereum Price Action While direct correlation is complex, sustained Ethereum ETF inflows are generally viewed as a positive catalyst for Ethereum price action . Increased demand from institutional buyers, coupled with the removal of ETH from the open market to back the ETFs, can exert upward pressure on the asset’s price. As more capital flows into these regulated products, the supply available on exchanges for retail trading might decrease, potentially leading to price appreciation. However, it’s important to remember that the crypto market is influenced by a multitude of factors, including macroeconomic conditions, regulatory developments, technological advancements, and broader market sentiment. While the ETF inflows provide a strong fundamental tailwind, investors should remain aware of market volatility and conduct their own due diligence. Looking Ahead: The Future of Crypto ETFs and Beyond The success of spot Bitcoin and now Ethereum ETFs sets a powerful precedent for the future of crypto ETFs . It opens up the possibility for other major altcoins to eventually have their own spot ETF products, further legitimizing the broader digital asset space. This institutional embrace could lead to: Enhanced Market Stability: As more institutional capital enters, the market could become less susceptible to extreme retail-driven volatility. Increased Innovation: Greater mainstream adoption and investment can spur further innovation within the blockchain and cryptocurrency sectors. Broader Adoption: ETFs simplify access, making crypto investments more appealing and accessible to a wider demographic of investors globally. The journey of crypto ETFs is still in its early stages, but the recent inflows demonstrate a clear appetite from sophisticated investors. This sustained interest could pave the way for a new era of growth and integration for digital assets within the global financial system. In conclusion, the impressive $383.1 million in net inflows into U.S. spot Ethereum ETFs on July 10, marking the fifth consecutive day of positive flows, is a testament to the growing institutional confidence in Ethereum. Led by BlackRock’s significant contributions, these inflows are not just about capital; they signify mainstream validation, increased liquidity, and a broadening investor base. As institutional investments continue to pour in, they are poised to significantly impact Ethereum price action and reshape the landscape of crypto ETFs , propelling the entire digital asset market towards a more integrated and mature future. This ongoing trend underscores the exciting potential of Ethereum and its pivotal role in the evolving financial ecosystem. To learn more about the latest Ethereum ETF trends, explore our article on key developments shaping Ethereum institutional adoption.
The recent GMX hack exploited a critical vulnerability in the GLP token, resulting in a substantial $42 million loss converted into Ethereum. This sophisticated re-entrancy attack exposed significant security gaps
According to Mars Finance News on July 11, blockchain analytics platform Onchain Lens identified two wallets, potentially controlled by a single entity, acquiring 4,552 ETH from Binance at an average
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin surges past $111,000 and XRP climbs to $2.64, investors are shifting from holding to earning, flocking to APT Miner for daily passive income through cloud mining. Table of Contents What is APT Miner cloud mining? How to use APT Miner Summary On July 11, 2025, Bitcoin broke through the $117,000 mark, setting a new high for the year, and XRP also rose strongly to $2.64, maintaining an upward trend for several consecutive days. Market sentiment quickly recovered, and a large number of investors began to re-evaluate the use of their crypto assets, not just waiting for appreciation, but also seeking daily cash flow. In this trend, more and more BTC and XRP holders are choosing to flock to the APT Miner platform to obtain passive income through cloud mining. There is no need for high-frequency trading or equipment maintenance costs. The income can be automatically settled daily through computing power contracts. According to statistics, many users have a stable daily income of more than US$3,000 through APT Miner, successfully finding a new “safe haven” in the volatile market. What is APT Miner cloud mining? APT Miner is a cloud mining platform regulated by the UK. Users do not need to purchase mining machines or have professional knowledge. They only need to choose the appropriate computing power contract to start earning cryptocurrency income. All mining processes are automatically completed by the platform in the data center. The system settles profits every 24 hours, and the income is directly returned to the user’s account. It is simple, safe, and an efficient way to obtain passive income. How to use APT Miner Users can register using an email address (register for $15 and earn $0.6 by buying a signing contract). They must then choose the contract that suits them. Next, they can make payments. And now, they can get a regular income. The following is a list of potential income contracts for APT Mienr [BTC (Canaan-Avalon-A1466)]: Investment amount: 100 USD, total net profit: 100 USD + 8 USD. 【DOGE (Goldshell-Mini-DOGE-Pro)】: Investment amount: US$500, total net profit: US$500 + US$38. [BTC (Antminer-S19-XP)]: Investment amount: USD 2,500, total net profit: USD 2,500 + USD 437. 【DOGE（Goldshell-LT6）】：Investment amount: USD 7,800, total net profit: USD 7,800 + USD 2,970. 【BTC（AntminerT21）】：Investment amount: 17,000 USD, total net profit: 17,000 USD + 9,044 USD. [BTC/BCH (ANTSPACE HK3)]: Investment amount: USD 50,000, total net profit: USD 50,000 + USD 34,000. For more contract information , please visit the APT Miner platform official website. Once the mining contract is selected and activated, the APT Miner system will automatically complete all mining tasks for without any hardware or technical operations. The platform uses high-performance equipment from top manufacturers such as Bitmain, Shenma Miner, and Canaan Creative, combined with a self-developed intelligent scheduling system. During the mining process, users can view the income progress in real time on the control panel. The system automatically settles profits every 24 hours, and the principal will be fully returned after the contract ends. Since its establishment in the UK in 2018, APT Miner has been developing steadily under the government regulatory framework. It has attracted more than 9 million users worldwide and formed a huge and real user ecosystem. Summary As market volatility and uncertainty increase, more and more investors are beginning to realize the importance of stable returns. APT Miner provides an intelligent cloud mining method that does not require transactions, has no technical threshold, and settles daily, making crypto assets truly “active” and continuously creating passive income for users. From technical strength to platform transparency, from compliance qualifications to user experience, APT Miner is becoming a new choice for holders of mainstream currencies such as XRP and BTC. To learn more, visit the official APT Miner website and download the app. Email: info@aptminer.com Read more: Bitcoin mining can power the US, if regulators prioritize it | Opinion Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.