Everything web3, crypto, defi, degen
In brief Plasma, a stablecoin-focused layer-1 blockchain, has hit “mainnet beta” with its XPL token debuting alongside it. XRP buyers from the initial coin offering earlier this year are up massively. Additionally, people who made deposits towards the pre-sale were handed free tokens, even if they didn’t ultimately buy XPL. Stablecoin blockchain Plasma launched its…
In brief An Interpol operation encompassing 40 countries has seized $439 million from suspected criminals. Law enforcement agencies froze 400 crypto wallets, from which they recovered $16 million in crypto. Investigated crimes include investment fraud, money laundering related to illegal gambling, sextortion, and e-commerce fraud. Interpol has seized a total of $439 million in criminal…
September 25, 2025 | Asset Listings We’re thrilled to announce that XPL is available for trading on Kraken! Funding and trading XPL trading is live as of September 25, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
In brief A new Web3 streaming protocol has launched based on the AIOZ Network. AIOZ Stream aims to combine high-quality, low-latency streaming with fair remuneration for creators. Content is distributed to users in a peer-to-peer environment through AIOZ Network’s global DePIN. A new Web3 streaming protocol promises to give creators full ownership of their content—and…
In brief South Korean internet giant Naver is in talks over a share swap with Upbit operator Dunamu. Naver’s filing confirmed talks on a share exchange and stablecoin projects were taking place, but said no terms are finalized. The move builds on a July KRW stablecoin plan with Dunamu, ahead of new legislation expected in…
In brief The Ohio State Board of Deposit unanimously approved a vendor on Wednesday to process cryptocurrency payments for state fees and services. Secretary of State Frank LaRose said he’s “excited and ready to be the first to provide it to our customers.” The decision follows a broader Ohio crypto legislation push, including proposed Bitcoin…
In brief Ransomware group Rhysida reportedly stole sensitive data and personal information from the Maryland Department of Transportation. The collective is now auctioning off the contents for 30 BTC, or about $3.4 million worth. Ransomware payments were down 35% in 2024, but still amounted to $813 million in total. Sensitive data swiped during a cybersecurity…
In brief Researchers find that rollup fee models collapse costs, leaving small transfers over- or underpriced. A benchmark shows Polygon zkEVM, zkSync, Scroll, Optimism, and Arbitrum use divergent, potentially exploitable fee rules. The authors urge multidimensional pricing of execution, data, and proof to prevent systemic risks. Ethereum’s rollup networks are mispricing small transactions, creating risks…
In brief The Asia-Pacific region—led by India, Pakistan, and Vietnam—had the biggest increase in crypto transaction volume, a new Chainalysis report shows. Volume in the region shot up from $1.4 trillion to $2.36 trillion. Latin America wasn’t far behind in adoption. The Asia-Pacific is the fastest growing region for crypto adoption, research released Wednesday by…
In brief Hyperliquid’s USDH stablecoin has debuted, after Native Markets won the high-profile bid for the ticker last week. It follows a swarm of crypto companies attempting to win the proposal, including the likes of Paxos, Agora, and Ethena. The launch comes as Hyperliquid faces notable competition from emerging perpetual futures decentralized exchange, Aster. Hyperliquid’s…
