The post Lighter Burns 15.5 Million LIT in First Revenue-Funded Supply Cut appeared on BitcoinEthereumNews.com.
LIT News Lighter is executing its first revenue-funded token burn of the Lighter Infrastructure Token (LIT), destroying roughly 15.5 million tokens — about 6.3% of circulating supply. The perpetuals exchange said the batch equals every LIT it programmatically repurchased with trading revenue through the end of Q2 2026, and it confirmed the tokens are being sent to an Ethereum burn address. The team pledged to publish the on-chain transaction hash once the burn settles, a transparency step that lets holders verify the reduction directly. For an altcoin whose valuation leans heavily on supply mechanics, a permanent cut of this size marks a concrete shift from promise to execution. The burn is the first output of a tokenomics overhaul introduced in late June, when Lighter announced that buybacks would permanently retire supply rather than accumulate in the treasury. Under the pr
The post Ethereum Energy Use Falls 99.9% to 7.87 GWh After Merge appeared on BitcoinEthereumNews.com.
Ethereum News Ethereum’s annual electricity consumption has fallen more than 99.9% since its 2022 transition to proof-of-stake, a new Cambridge Centre for Alternative Finance report concludes. The network now draws roughly 0.90 megawatts of continuous power, down from about 2.4 gigawatts in the proof-of-work era, when energy-hungry ASIC mining secured the chain. That translates to annual usage of just 7.87 gigawatt-hours. Researchers measured real-world draw across 20 client configurations and built a bottom-up estimate covering roughly 8,522 observable full nodes. The finding reframes Ethereum, an altcoin that once rivalled a small nation’s appetite, as a network running on less than half the yearly electricity of a single London museum. The report also quantified Ethereum’s climate footprint, estimating annual greenhouse-gas emissions at roughly 2.37 kilotonnes of CO2 equivalent — a
The post Vitalik Buterin Calls on Elon Musk to Position “X” as Global AI Governance Hub appeared on BitcoinEthereumNews.com.
Ethereum co-founder Vitalik Buterin is urging Elon Musk to transform X into a platform for global AI governance coordination. On July 11, 2026, Buterin made a detailed post on this thread, stating that X could be the best place for ordinary people to influence more important decisions regarding AI, instead of relying on governments, big AI research institutes, or top-tier institutions. The AI Worldview Divide Buterin Is Trying to Bridge The post, published on X by Vitalik Buterin, has quickly gained traction in crypto and AI circles and is trending under discussions about d/acc, AI pauses, and platform governance. One thing I find striking in the discourse between AI 2040 and its detractors is that the two seem to be locked in to totally incompatible worldviews of how fast and how much of a big deal AI progress is: * In AI 2040, every scenario sees superintellige
The post Ethereum’s Power Use Drops 99.9% Post-Merge, Cambridge Study Finds appeared on BitcoinEthereumNews.com.
TLDR: Ethereum’s annual electricity use now stands at 7.87 GWh, down over 99.9% from pre-Merge levels. CCAF audited 8,522 physical nodes, finding a network-weighted average of 105 watts per node. The US, Germany, Finland, and France host about 62% of Ethereum’s full nodes combined. Sustainable sources supply 56.4% of Ethereum’s power, above the global average of 43%. Ethereum’s annual electricity consumption has fallen to approximately 7.87 GWh, according to a new report from the Cambridge Centre for Alternative Finance. The figure marks a decline of more than 99.9% compared to the network’s final pre-Merge levels. Researchers based this estimate on a physical audit of thousands of nodes, offering a detailed view of how power demand has shifted since Ethereum moved to Proof-of-Stake. Annual Power Use Falls Far Below Pre-Merge Levels The 7.87 GWh figure represents a steep d
The post Ethereum Power Consumption Falls More Than 99.9% After The Merge appeared on BitcoinEthereumNews.com.
The post Ethereum Power Consumption Falls More Than 99.9% After The Merge appeared first on Coinpedia Fintech News A new report from the Cambridge Centre for Alternative Finance estimates Ethereum now uses about 7.87 GWh of electricity per year, down more than 99.9% since The Merge. The report also estimates annual carbon emissions have fallen by about 99.98%. The findings highlight the network’s significantly lower environmental impact following its transition to proof-of-stake. Researchers … Source: https://coinpedia.org/crypto-live-news/ethereum-power-consumption-falls-more-than-99-9-after-the-merge/
The post Lighter burns 15.6 million LIT as buyback trend gathers pace appeared on BitcoinEthereumNews.com.
On July 10, Lighter burned 15,638,702 LIT tokens it had amassed through its automated buyback program by the end of the second quarter of 2026. The importance of the action stems not from the quantity of tokens that are being destroyed, but from the fact that it signifies a bigger trend within the crypto industry. After having practically vanished amid years of regulatory uncertainty, templates for revenue-based buybacks and the burn of tokens have regained popularity in 2025 and 2026. A report by Tiger Research published in November 2025 cites Hyperliquid and Pump.fun as among those working on similar approaches. Lighter’s buyback model Lighter has joined that exclusive group after successfully completing a buyback cycle. After confirming the burn on X, the protocol also made the Ethereum transaction public, so anyone can check on-chain that the tokens purchased through trading r
The post LIVE: Trump says Iran is plotting to kill him again, but he has a plan appeared on BitcoinEthereumNews.com.
Bitcoin stayed surprisingly steady near $64,000 even after Trump issued a fresh military warning to Iran. The coin gained roughly 2% to $64,100, while investors also moved toward gold as both assets traded more closely together during the latest burst of geopolitical and inflation anxiety. Trump said the U.S. already has weapons aimed at Iran and claimed the military could keep up a major campaign for at least a year if Tehran tries to kill him. “1000 Missiles are Locked and Loaded and aimed at the Islamic Republic of Iran, with thousands of more to immediately follow,” Trump wrote on Truth Social. He added that orders had been issued and said the operation could be extended beyond one year, and ended the message with an uppercased “PRAISE BE TO ALLAH.” The bulk of Bitcoin’s gain came about as a result of the liquidation of traders out of their bearish positions, rather
The post Ethereum Tokenized Stocks Jump 28.6% to $1.85 Billion in a Month appeared on BitcoinEthereumNews.com.
Crypto News Ethereum (ETH) remains the primary settlement layer for real-world asset tokenization, and fresh on-chain data shows the market’s growth engine is shifting beneath the surface. Tokenized equities expanded 28.6% over the past 30 days to reach $1.85 billion, while tokenized US Treasuries — long the flagship category — crept up just 0.74% to $15.16 billion. That gap means stock tokens are compounding roughly 40 times faster than the Treasury products that defined the sector for two years. Our reading of the flows suggests demand for on-chain cash instruments has matured, even as appetite for tokenized market exposure accelerates across the space. The rotation is visible in activity, not just balances. Monthly transfer volume across tokenized stock products jumped 87% to $8.76 billion, and the holder base grew 24.5% to more than 443,000 wallets. Those figures describe
The post Grayscale Names Avalanche (AVAX) Among 5 Blockchains Set to Gain From Tokenized Stocks appeared on BitcoinEthereumNews.com.
Avalanche News Avalanche (AVAX) landed on a shortlist of five blockchains that asset manager Grayscale says are best positioned to capture the migration of tokenized stocks into traditional finance. A new research note names Ethereum (ETH), Solana (SOL), Avalanche, BNB Chain, and Canton Network as the networks most likely to benefit as equities move on-chain. The framing matters for AVAX because it ties one of the largest altcoin platforms directly to a real-world asset trend already drawing institutional capital, rather than to speculative narratives. Our reading of the note is that it treats tokenized equities as one of the clearest signals of blockchain reaching mainstream markets. The note maps three distinct models for moving stocks on-chain, and each rewards different networks. The first is the wrapper model, in which a token represents shares held
