Justin Sun, Founder of Tron DAO, has emphasized holding on to TRX tokens. This comes after Tron Inc informed the community about its acquisition of over 100k Tron tokens. TRX price also experienced a decline amid the ongoing turmoil across the crypto market. Meanwhile, network activity has been reported strongly
Bit Digital, a Nasdaq-listed crypto company, has officially announced that it will exit Bitcoin mining and will mainly focus on Ethereum staking and AI infrastructure. Sam Tambar, CEO of Bit Digital, said that Bitcoin mining has not produced sufficient income for the company. Rising costs, hardware limits, and lower efficiency
21Shares, an asset manager, has listed a new exchange-traded product on Euronext that gives European investors regulated access to Solana’s liquid-staking token JitoSOL, combining price exposure to SOL with built-in staking rewards, which marks a major step in bridging decentralized finance with traditional capital markets. The press announcement states that
The largest crypto exchange, Binance, unveils that its Secure Asset Fund for Users will be changed into Bitcoin, indicating a shift in how the exchange protects its emergency protection fund at the time of continued market volatility. The plan got revealed in an open letter shared on the social media
The CFTC, under the leadership of Chair Michael S. Selig, is working to establish a new, clearer framework for prediction markets. As part of a larger effort to update the regulatory framework for new markets such as digital assets and event contracts. Prediction markets are platforms where individuals engage in
Fear continues to weigh on the broader market, which is down 5.51%. The red charts of the crypto assets convey that they are losing momentum. The largest asset, Bitcoin (BTC), fell and currently hovers at $82.3K, while the largest altcoin, Ethereum (ETH), trades around $2.7K. Among the altcoin pack, SUI
Circle is doubling down on USDC as a building block of crypto finance infrastructure for businesses. Rather than promoting USDC solely as a trading stablecoin, Circle is now positioning it as digital dollar infrastructure for global payments, settlements, and treasuries. This approach is consistent with the trend observed in the
Binance has published an open letter to the crypto community, sharing key highlights and briefly expanding what it intends to do in the days to come. The open letter comes at a time when the entire crypto market is going through a meltdown. Prices have dipped and could further plunge
A Tokenization firm, Securitize, has reported strong financial growth as it moves to become a publicly listed company. The firm has filed a registration statement with the U.S.SEC to go public through a merger with Cantor Equity Partners 2. Securitize’s Revenue growth Securitize has reported that the company’s revenue in
U.S. authorities have finalized the forfeiture of more than $400 million in assets connected to Helix, a cryptocurrency mixing service used to launder Bitcoins associated with illegal activity on darknet markets. A federal court has assigned ownership of the seized Bitcoins to the U.S. government. Helix, which started its operations
