The emergence of Sonic and what it means for DeFi: Report
Why did Fantom reinvent itself as Sonic?Fantom was one of the pioneers of the directed acyclic graph (DAG) design for...
Day: May 16, 2025
Coinbase drops 7% on customer breach, SEC probe into user numbers
The Securities and Exchange Commission has questioned Coinbase’s 2021 claim that it had more than 100 million “verified users” in...
90% of institutions ‘taking action’ on stablecoins: Fireblocks survey
A report shows 90% of institutional players are using or plan to use stablecoins, with banks prioritizing cross-border payments and...
China-linked consumer brand DayDayCook plans to acquire 5,000 Bitcoin
Hong Kong-rooted DDC has acquired 100 Bitcoin as part of its BTC reserve plan to acquire 5,000 BTC in the...
Central banks testing smart contract toolkit under BIS Project Pine
The New York Fed and the Bank for International Settlements are trialing smart contracts for tokenized monetary policy, aiming to...
XRP price path to $3.40 remains intact — Here is why
Key takeaways:XRP price is forming a bullish V-shaped recovery pattern targeting $3.40.A 53% surge in open interest to $5.06 billion...
Fake Eric Trump-themed token is ‘rug in the making,’ says Bubblemaps
A fake Eric Trump-themed memecoin launched on Solana’s memecoin launchpad Pump.fun, rose more than 6,200% in the past 24 hours,...
Bitcoin hitting $220K ‘reasonable’ in 2025, says gold-based forecast
Bitcoin's "power curve" is churning out giant six-figure BTC price targets this year — can BTC/USD really reach $220,000 or...
AI scammers are now impersonating US government bigwigs, says FBI
Hackers are using deepfake voice messages to steal data from individuals, many of whom are current and former US federal...
Brazil fintech gets approval to become a Bitcoin treasury company
Brazilian fintech firm Méliuz’s shareholders officially approved a Bitcoin treasury proposal on May 15, with the firm also announcing it...
Animoca’s Yat Siu says student loans can supercharge DeFi growth
“The next big wave in Web3 is education,” said Yat Siu, chairman of Animoca Brands, on stage at Consensus Toronto....
Lyft to Leverage Solana DePIN Project Hivemapper Through Bee Maps
Lyft, a ride-sharing company with over 2 million drivers, will leverage Hivemapper, a Solana-based DePIN application, as a low-level, street-focused...
A1 Abraaj Becomes First Middle Eastern Public Firm to Adopt Bitcoin Treasury Strategy
A1 Abraaj Restaurants Group has become the first publicly traded company in the Middle East to adopt bitcoin as a...
Sonic Labs Wins Court Order to Liquidate Multichain Foundation
Sonic Labs CEO Michael Kong announced that the Singapore High Court has approved the liquidation of Multichain Foundation, appointing KPMG’s...
Chinese Textile Company Addentax to Acquire $800 Million in BTC and Trump Tokens
Addentax Group Corp, a Chinese textile and apparel company, announced plans to acquire up to 8,000 bitcoins and other digital...
