Sophon ZKSync hyperchain raises $60M in node sale
The entertainment-focused Hyperchain aims to provide a robust infrastructure for gaming, AI and SocialFi-related protocols.
Trader loses 7-figure sum due to 0L Network hard fork
“Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing team.
AI-powered smart contracts could be ‘transformative’ — Ava Labs founder
Imagine if ordinary people could write smart contracts in their native language. It could bring in “billions of new [blockchain] users.”
Chainalysis sets up regional HQ in Dubai amid local crypto boom
Chainalysis relocates its regional headquarters to Dubai, reflecting the UAE’s progressive stance toward blockchain technology.
Mastercard joins forces with US banking titans for tokenized settlement trials
The partnership between the significant banking giants in the US and Mastercard is aimed at streamlining multiple asset-class settlements on a shared …
FCA crypto regulators will take the best from TradFi and DeFi, says exec
The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best.
Elaborate Elon Musk deepfake crypto fraud uncovered in Hong Kong
A fraudulent crypto exchange platform used AI-generated videos of Elon Musk and misleading information to promote crypto trading services.
Solana could flip Ethereum in transaction fees within a week: Report
The potential flip could further cement Solana’s status as an “Ethereum-killer,” which has been questioned due to the recent network outages.
DePIN and AI are set to collide: Interview with FutureMoney Group
DePIN holds the key to the future of Web3, and this VC firm is helping Asia-based startups build the next big thing for DePIN.
BTC price clings to $62K as Bitcoin bulls suffer post-halving ‘boredom’
Bitcoin may be preparing for trend continuation, but on short timeframes, BTC price behavior is inspiring no one.
Bankruptcy law firm S&C absolved from misconduct according to new FTX proposal
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities.
WBTC thief spreads $71M loot across multiple crypto wallets
Stolen crypto from a $71 million wallet impersonation scam is on the move after six days of dormancy.
Traders rush to short Ether as Grayscale pulls its futures ETF plan
Just a 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application.
Financial system ‘outdated’ but crypto is no fix either: US swing voters
In a survey by the Digital Currency Group, 70% of swing state voters agreed the current financial system is "outdated" and in need of an ove…
2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish
The Bitcoin funding rate and 3-month annualized basis rates are moving to levels that signal to traders it may just be the “calm before the storm.…
Grayscale withdraws its Ethereum Futures ETF application
The withdrawal comes a little over two weeks before the United States securities regulator will be forced to make a decision on at least one spot Ethe…
Philosopher Yuval Noah Harari warns of AI’s risks in finance
The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system.
Susquehanna International Group adds $1B in Bitcoin ETFs to portfolio
According to a filing with the U.S. SEC, Susquehanna International Group invested more than $1 billion in Bitcoin ETFs in Q1 2024.