Solana's new consensus mechanism proposal, Alpenglow (SIMD-0326), has made its way into the community governance stage. The protocol aims to significantly enhance the network's performance by reducing the block finality time from the current 12.8 seconds to an impressive 150 milliseconds. This ... Read More

Michael Saylor's Strategy Inc. has relaxed its financing rule, now allowing common stock issuance when shares trade below 2.5 times the value of its Bitcoin holdings. Previously limited to covering debt interest or preferred dividends, the move reflects the ongoing compression of the mNAV premium ... Read More

China Merchants Bank's subsidiary, CMB International Securities, has made a significant move in the cryptocurrency space by launching virtual asset trading services in Hong Kong. The platform will support 24/7 trading of Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), marking a major milestone for... Read More

In an exclusive interview, Hyperliquid founder Jeff reveals the secrets behind his team's success in creating a decentralized financial ecosystem similar to Binance. With only 11 people on board, Jeff emphasizes the importance of self-funding and rejecting venture capital to maintain control and ... Read More

Healthcare technology company KindlyMD has significantly increased its Bitcoin holdings through its subsidiary Nakamoto, acquiring 5,743.91 BTC worth approximately $679 million. The purchase, which took place at an average price of $118,204.88 per Bitcoin, marks the first acquisition since ... Read More

Dragonfly data analyst hildobby has revealed some intriguing insights into the current state of Ethereum (ETH) and Bitcoin (BTC) exchange-traded funds (ETFs). As of now, BTC ETFs hold a significant 6.38% of the total Bitcoin supply, while ETH ETFs have managed to secure a slightly smaller share of ... Read More

South Korea's Financial Services Commission (FSC) has issued a directive for local cryptocurrency exchanges to suspend their lending services immediately. This decision comes as the FSC aims to clarify the legal status of such services and establish official guidelines. The commission has identified... Read More

A U.S. federal judge has lifted the freeze on $57.6 million in USDC funds associated with the Libra meme coin, according to a recent court ruling. The assets, controlled by Hayden Davis (Kelsier Labs) and Ben Chow (Meteora), were unfrozen after Judge Jennifer L. Rochon found the defendants to be ... Read More

The Wormhole Foundation has requested a five-business-day pause on the ongoing Snapshot vote for the acquisition of the cross-chain protocol Stargate. The foundation aims to complete due diligence and submit a more attractive formal bid for the protocol. Wormhole believes that LayerZero's current ... Read More

China is reportedly considering a groundbreaking move that could revolutionize its digital currency landscape. According to sources, the country is reviewing a roadmap that would allow yuan-backed stablecoins for the first time. If approved, this initiative could pave the way for a pilot program led... Read More

The Core Foundation has recently announced a strategic partnership with Hex Trust, a leading digital asset custodian. This collaboration aims to integrate Core's innovative dual staking feature into Hex Trust's institutional custody system, providing clients with a unique opportunity to stake both ... Read More

The trading landscape of YZY tokens has presented a mixed picture, with 56,050 addresses engaging in transactions. Out of these, a significant 25,166 trades were one-sided, indicating a lack of balanced exchanges. On the other hand, 30,884 addresses showcased two-sided trades, reflecting a more ... Read More

Singapore's largest bank, DBS, has made a significant move into the world of crypto and blockchain by issuing tokenized structured notes on the Ethereum public blockchain. These innovative financial instruments, available to qualified and institutional investors through local exchanges ADDX, DigiFT,... Read More

Rapper Kanye West has made a bold move into the crypto space with the launch of his meme coin, YZY, on the Solana blockchain. The token's market capitalization has surpassed $3 billion according to GMGN data, marking a significant milestone for West's foray into the digital asset world. The YZY ... Read More

China Renaissance, a leading investment bank in China, has entered into a strategic cooperation memorandum with YZi Labs, a blockchain technology company. As part of this partnership, China Renaissance will invest approximately $100 million in a dedicated allocation of BNB assets. The investment by... Read More

Philippine Congressman Migz Villafuerte has introduced House Bill 421, which seeks to establish a Philippine Strategic Bitcoin Reserve. The bill mandates the Bangko Sentral ng Pilipinas (BSP), the country's central bank, to acquire 2,000 Bitcoin each year for a period of five years, totaling 10,000 ... Read More

The cryptocurrency market experienced a significant options expiration event on August 22, with Bitcoin (BTC) and Ethereum (ETH) seeing a combined notional value of $4.77 billion expiring. For Bitcoin, 34,000 options contracts expired, resulting in a put-call ratio of 1.3. This indicates that ... Read More

Meteora has surged to the top of the Solana decentralized exchange (DEX) rankings, surpassing Raydium, according to data from DeFiLlama. The impressive performance can be attributed to Kanye West's YZY token, which has significantly boosted Meteora's trading volume. Over the past 24 hours, Meteora ... Read More

South Korea's largest cryptocurrency exchange, Upbit, is set to list Aerodrome Finance's AERO token, marking a significant development for the decentralized exchange (DEX) project. AERO, built on the Base blockchain - an Ethereum Layer 2 solution - will be available for trading with Korean Won ... Read More

The 2025 Summer Trading Competition, organized by crypto infrastructure provider SignalPlus and derivatives exchange Deribit, has come to a close. This year's event surpassed all expectations, with a staggering $10 billion in total trading volume. The competition, which began in November 2023, ... Read More

OKX CEO Star has unveiled a groundbreaking $100 million fund dedicated to nurturing the X Layer Ecosystem. This ambitious initiative aims to foster the development of cutting-edge on-chain applications, signaling OKX's commitment to driving innovation in the blockchain space. The fund will provide ... Read More

South Korea's top 5 crypto exchanges have over 10,000 investors who hold more than KRW 1 billion ($710,000) in digital assets, according to recent data. These high-net-worth individuals average KRW 2.23 billion ($1.59 million) in holdings, which is 200 times the average of regular users. ... Read More

Hayden Davis, the mastermind behind the controversial LIBRA token project, has reportedly made off with a substantial profit by sniping the YZY token during its launch. On-chain analysis reveals that multiple addresses received funds from centralized exchanges the day prior to the launch, with these... Read More

Heritage Distilling Company (Nasdaq: CASK), a leading craft spirits producer, has completed a significant private placement, raising $223.8 million in funding. The round was backed by a prestigious group of investors, including Story Foundation, a16z crypto, Amber Group, and several others. The ... Read More

Sharps Technology, a blockchain infrastructure provider, has completed a $400 million private investment in public equity (PIPE) financing to build what it claims will be the world's largest treasury of Solana (SOL) tokens. The funding round attracted significant institutional investors including ... Read More

Grayscale Investments has taken a significant step towards expanding its portfolio of cryptocurrency-based trusts by submitting an SEC S-1 registration statement for the Grayscale Avalanche Trust (AVAX). This move is aimed at launching the trust on Nasdaq, further diversifying the investment options... Read More

Last week from August 18 to August 22 (ET), Bitcoin spot exchange-traded funds (ETFs) experienced a significant net outflow of $1.17 billion. The decline was primarily driven by BlackRock's Institutional Bitcoin Trust (IBIT), which accounted for $615 million of the outflows. This marks a notable ... Read More

Numerai, a crowdsourced quantitative hedge fund, has secured a commitment of up to $500 million from JPMorgan Asset Management to be deployed over the next year. The fund, backed by renowned investor Paul Tudor Jones, currently manages around $450 million and utilizes its native token, Numeraire ... Read More

YZi Labs, a leading blockchain technology company, has made a significant investment in the innovative stablecoin protocol USD.AI, though the exact amount of the investment has not been disclosed. This move comes as part of YZi Labs' ongoing efforts to support and promote cutting-edge projects in ... Read More

SharpLink, a leading sports technology company, has made a significant move in the cryptocurrency market by acquiring 56,533 Ethereum (ETH) tokens. The acquisition was made at an average price of approximately $4,462 per token, totaling around $252 million. This acquisition marks a substantial ... Read More

Hyperliquid, the leading crypto trading platform, has dominated the market in July, recording an impressive $330.8 billion in spot and perpetual volume. This figure surpasses Robinhood's $237.8 billion by a significant margin of $93 billion (39.1%), marking the third consecutive month that ... Read More

Falconedge, a newly formed hedge fund advisory firm spun out from Falcon Investment Management, has successfully completed its pre-IPO raise and is set to allocate nearly all of its IPO proceeds towards acquiring Bitcoin. The firm is targeting a September IPO and aims to use the funds to strengthen ... Read More

In a shocking turn of events, the privacy-focused cryptocurrency Monero (XMR) was recently hit by a 51% hashrate attack in mid-August. The attack, orchestrated by Qubic, a group led by ex-IOTA co-founder Sergey Ivancheglo, targeted Monero's network and gained significant control over its mining ... Read More

Google Cloud has unveiled its Layer 1 blockchain, GCUL, aimed at simplifying cross-border payments and asset settlements through a distributed ledger. The blockchain is currently in a private testnet phase and has announced a partnership with CME earlier this year to pilot tokenized assets. The ... Read More

The U.S. Commodity Futures Trading Commission (CFTC) is preparing to issue guidance clarifying registration rules for Foreign Boards of Trade (FBOTs), in a move aimed at providing a compliant pathway for non-U.S. cryptocurrency platforms to serve American users. The guidance, which is expected to ... Read More