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Crypto News
Token’s 4,900% Surge Sparks ‘Bull Trap’ and Exit Scam Warnings
UCN has skyrocketed over 4,900% since August 27, with a 24-hour surge of more than 400% on August 29, climbing from $205 to $1,257. Despite the dramatic price jump, trading volume remained modest, under $2 million. Mainnet Hype and Social…
Eric Trump Says Bitcoin Can Hit $1M, Hails China’s Role at Bitcoin Asia Conference
Eric Trump told attendees at Bitcoin Asia that he spends most of his time on digital assets and sees bitcoin as central to finance’s future, speaking with interviewer David Bailey, the KindlyMD CEO and organizer of the conference. At Hong…
Lifetime Peak — Stablecoin Market Explodes Past $280B as Ethena’s USDe Rockets Past $12B
According to metrics, the stablecoin economy has crossed the $280 billion range for the first time in history. Stablecoins Shatter Historic $280B Milestone With $3 Billion Added Overnight Defillama.com stats show the total stablecoin market…
OKX Launches $100 Million Ecosystem Fund for X Layer
OKX has unveiled a $100 million ecosystem fund to accelerate the adoption of its X Layer chain, aiming to support builders across DeFi, payments, real-world assets (RWAs), and beyond. X Layer Ecosystem Fund to Back Global Onchain Builders…
Former PBOC Chief Warns Stablecoins May Threaten Financial Stability in China
A former governor of the People’s Bank of China warned against calls for the Chinese government to allow yuan‑based stablecoins, citing potential risks to financial stability. Geopolitical Context and U.S. Stablecoin Bills The former…
Block’s Jack Dorsey Endorses Bitcoin’s Primary Purpose: Payments
Jack Dorsey, chairman and co‑founder of Block, reaffirmed his support for what he considers bitcoin’s primary function: payments. On social media, he liked a post that describes bitcoin as electronic cash for completing peer‑to‑peer…
DeFi Development Corp. Bolsters Treasury With $77 Million Solana Purchase
DeFi Development Corp. disclosed it has purchased $77 million worth of solana ( SOL) using proceeds from a recent equity financing round. Public Company DeFi Dev Corp. Now Holds $371M in Solana On Thursday, DeFi Development Corp. (Nasdaq:…
Crypto Controversy: Crypto Sleuth ZachXBT’s XRP Accusations Prompt Claims of Personal Grudge Against…
On Aug. 28, crypto investigator ZachXBT sparked a controversy by accusing XRP holders of being “exit liquidity” for insiders. His claim prompted counter-allegations from a researcher that ZachXBT’s hostility stems from a rejected offer to…
Mastercard, Circle Partner to Expand Stablecoin Settlement Across the EEMEA Region
Mastercard and Circle have expanded their partnership to enable settlement in USDC and EURC stablecoins for acquiring institutions across Eastern Europe, the Middle East, and Africa. Adoption by Key Acquirers Mastercard and Circle have…
Ripple and Circle Back Tazapay in Series B to Power Global Payment Infrastructure
Tazapay, a cross-border payments infrastructure platform, has secured strategic backing from Ripple and Circle Ventures in its Series B funding round led by Peak XV Partners. Funding to Fuel Global Expansion Ripple and Circle Ventures were…