Everything web3, crypto, defi, degen
In brief Shares in digital advertising firm QMMM Holdings jumped nearly 1,750% after announcing a digital assets treasury plan. The firm anticipates starting with $100 million fund focused on Bitcoin, Ethereum, and Solana. It will also seek out investments with Web3 infrastructure projects and “high-quality cryptocurrency assets.” Shares in digital advertising firm QMMM Holdings (QMMM)…
In brief Ethereum transformed the blockchain industry by enabling smart contracts, DAOs, NFTs, and decentralized apps. From its 2015 launch to The Merge in 2022, Ethereum has driven innovation and faced growing pains. Ethereum powers DeFi and NFTs, but still battles high fees, scalability limits, and fierce competition. Ethereum, the second-biggest cryptocurrency after Bitcoin, is…
In brief A wallet linked to Tron founder Justin Sun was blacklisted by World Liberty Financial after moving $9 million in WLFI tokens. WLFI token has dropped 19% to $0.18, with retail traders who bought at launch prices above $0.33 now down 45%, while early investors like Sun remain profitable with 10x+ gains Sun denied…
BTC WHALE CAUSES MINI-CRASH, ETH HITS ATH, FOOTBALLFUN GOES VIRALETH hits new ATH then retreats. Whale dumps 24k BTC, triggers mini-crash. Only 18.3m ETH is left on exchanges. Jump & Galaxy plan $1bn SOL treasury vehicle. Sharps Technology plans $400bn SOL DAT. VanEck files for first SOL liquid staking ETF. Sharplink to buy back $1.5b…
In brief xStocks, a feature which allows users to traded tokenized versions of companies like Nvidia, Apple, and Meta, is expanding to Tron. The tokenized stocks are backed 1:1 with real shares in the underlying companies. xStocks so far have generated more than $500 million in on-chain trading volume. Tokenized versions of Tesla, Nvidia, Apple,…
We’re proud to announce the next step in the global expansion of xStocks, the industry standard for tokenized equities. In partnership with Backed, Kraken is collaborating with the TRON DAO to integrate xStocks with the TRON blockchain, opening up new opportunities for tokenized equities exposure across one of the world’s most active and scalable blockchain…
The momentum has shifted in the yearslong battle between top crypto companies and protocols and the U.S. Securities and Exchange Commission under the new Trump administration. The regulator, which now has a crypto-friendly chairman in Paul Atkins and a crypto task force led by longtime industry advocate Hester Peirce, is moving away from what Pierce and…
In brief The Uniswap Foundation published a proposal for Uniswap Governance to become a Wyoming Decentralized Unincorporated Nonprofit Association (DUNA). The Cowboy State enacted the legal framework for DAOs last year. It would allow Uniswap Governance to operate with greater legal clarity, Uniswap Foundation General Counsel Brian Nistler said. The Uniswap Foundation published a proposal…
In brief BitMEX co-founder Arthur Hayes has moved $8.4 million in ETH and other tokens over the past 24 hours Institutional wallets linked to a “mysterious” buyer and SharpLink Gaming accumulated over $1.1 billion in ETH in two weeks. Analysts cite ETF flows, macro catalysts, and fresh regulatory clarity as reasons for ETH’s surge, but…
In brief Ethereum’s recent surge, driven by institutional ETF inflows, has sparked increased market confidence in potential altcoin season. Top altcoins like Solana, Dogecoin, XRP and meme coins are likely to see an increased speculative activity. Analysts believe this phase could last until November Ethereum-betas could catch a headwind due to the cautiously optimistic due…
