Quick breakdown A small group of wallets controlled nearly 60% of the voting power in WLFI’s USD1 proposal vote. Locked WLFI holders were unable to participate, fueling governance centralization concerns. Critics question tokenholder value as WLFI offers no...
Quick Breakdown Jack Lu says crypto is entering a “speculation supercycle” driven by prediction markets and betting platforms. Prediction markets hit a record $814.2 million in daily trading volume. Magic Eden plans to expand beyond NFTs with a...
Quick Breakdown MegaETH hit nearly 47,000 TPS during internal testing, drawing attention from Ethereum analytics platforms. A global stress test begins Thursday, targeting 11 billion transactions over seven days. The network prioritizes speed over decentralization, aiming to support...
Quick Breakdown Injective voters approved IIP-617 with 99.89% support, accelerating INJ’s deflationary path. The update cuts future issuance while maintaining existing burn and buyback programs. Despite tighter supply rules, INJ price action remains driven by wider crypto market...
Quick Breakdown Hong Kong’s crypto industry supports CARF but wants softer penalties and clearer safeguards. Firms warn that uncapped fines and director liability could raise compliance risks. The debate comes as Hong Kong balances crypto hub ambitions with...
Quick Breakdown $63M in Tornado Cash deposits has been linked to the January 10 $282M wallet exploit. 686 BTC was bridged to Ethereum, converted to ETH, and split before entering mixers. Experts say fund recovery is nearly impossible...
Quick Breakdown Aster launched a new on-chain buyback reserve using up to 40% of daily platform fees. Combined with Stage 5, buybacks can now absorb up to 80% of protocol revenue. The framework is positioned as a long-term,...
Quick Breakdown India wants BRICS nations to link their CBDCs to ease cross-border trade and tourism payments. The proposal could debut at the 2026 BRICS summit, pending government approval. Stablecoin risks, trade imbalances, and technical standards remain major...
Quick Breakdown $102M laundered via crypto: South Korean authorities dismantled a multi-year laundering scheme involving nearly 150 billion won. Sophisticated evasion tactics: Funds were masked as trade, education, and medical expenses and routed through multiple countries. Stronger oversight...
Quick Breakdown Binance Australia has restored direct bank transfers and PayID deposits, ending a two-year disruption to fiat access. The relaunch follows a new partnership with Bolt Financial Group and a phased, compliance-focused rollout. Binance executives say fiat...
