Everything web3, crypto, defi, degen
In brief The network reorganized 18 blocks and invalidated 118 transfers in its deepest rollback yet. Observers linked the event to Qubic’s withheld mining and potential majority hash control. The incident follows Qubic’s attempts last month to do a 51% attack on the network. Monero has shrugged off its biggest chain rollback in its 12-year…
DOGE is having its day (again), with Dogecoin putting up enormous gains on the week amid growing corporate and institutional interest in the O.G. meme coin.Dogecoin has surged by nearly 13% over the last day alone, topping the $0.30 mark on Saturday morning for the first time since the start of February. At a current…
In brief Crypto entrepreneurs Cameron and Tyler Winklevoss think Bitcoin is still in its early stages. Tyler Winklevoss said during a CNBC interview that in 10 years, the leading cryptocurrency will be priced at $1 million per coin. Gemini, the brothers’ crypto exchange, went public on the Nasdaq on Friday. Crypto entrepreneurs Tyler and Cameron…
In brief Allied Gaming & Entertainment has started investing into Bitcoin and Ethereum for its treasury. The publicly traded firm’s stock price briefly doubled on Friday following the announcement. Many companies have started amassing crypto, following the model pioneered by Bitcoin giant Strategy. Allied Gaming & Entertainment, a Nasdaq-listed esports and gaming company, announced that…
In brief Four years ago, El Salvador made Bitcoin legal tender in the country. The country has been in the spotlight since then as its Bitcoin-loving president becomes a larger player on the world stage. President Bukele claims he still buys Bitcoin for the country—but the IMF says otherwise. Bitcoin advocates around the world are…
In brief The price of Dogecoin has risen by nearly 20% over the last week. A publicly traded Dogecoin treasury has announced $125 million worth of DOGE purchases this week. Rex-Osprey will launch a Dogecoin ETF in the U.S. on Friday. Dogecoin is one of crypto’s biggest gainers over the last week, beating majors like…
In brief Figure shares closed 24% above their IPO price at $31.11 on Thursday. The company uses a blockchain-based platform to facilitate loans. Analysts foresee the IPO advancing tokenization narratives in the mainstream. Figure Technologies shares closed above its initial offering price on Thursday, the latest indication of investors’ interest in crypto-native firms on Wall…
In brief President Lukashenko said tokenization can cut intermediaries, automate deals, and boost user control. Belarus has seen $1.7 billion in crypto payments this year, with $3 billion projected, according to Lukashenko. Russia-aligned states like Kyrgyzstan have shown similar sanction-driven patterns. Belarusian President Alexander Lukashenko is urging the nation’s banks to ramp up their use…
In brief Projects are fighting over who will take control of the USDH ticker to create a “Hyperliquid-aligned” stablecoin. Major companies like Ethena, Paxos, Sky, and Agora have submitted proposals, most of which include a way to give back to the Hyperliquid community. But the relative newcomer Native Markets is currently looking most likely to…
In brief Chainlink is expanding partnerships with U.S. agencies to bring more government functions on-chain beyond their current Department of Commerce collaboration. The company is starting with feeding public economic data into crypto markets, but has longer-term goals of bringing U.S. elections onto blockchain systems. Nazarov says blockchain election verification technology is ready, but implementation…
