Quick Breakdown VeChain and BCG launch the VeFounder Program for Web3 developers. Developers gain ownership of dApps after reaching 100,000 users. The program starts with three live dApps tackling sustainability and food challenges. VeChain, in collaboration with Boston Consulting...
Quick Breakdown Eightco stock spiked over 3,000% after announcing a $250M Worldcoin treasury plan. The firm will rebrand its ticker to ORBS and may add Ether as a secondary reserve. Worldcoin jumped nearly 50% on the news, extending its...
Quick Breakdown Lion Group reallocates $5M in SOL and SUI into HYPE to strengthen its crypto treasury. BitGo’s new custody solution adds institutional backing to HYPE’s growing adoption. Stock price surges over 20%, reflecting investor confidence in the move....
Quick Breakdown: Executives from Tether and Circle are holding high-level meetings with South Korea’s major banks—Shinhan, Hana, KB Financial, and Woori. Discussions focus on distributing dollar-pegged stablecoins and issuing won-backed tokens. This aligns with President Lee Jae Myung’s pro-crypto...
Quick Breakdown: SwissBorg's Bitcoin app was targeted in a major Solana network hack resulting in losses estimated at $41 million. The breach underscores vulnerabilities within DeFi ecosystems and highlights the need for enhanced security protocols across crypto applications. SwissBorg...
Quick Breakdown: A California man has been sentenced for orchestrating a $37 million cryptocurrency scam that defrauded investors. The Department of Justice (DOJ) continues to intensify its enforcement efforts against crypto-related fraud. This case highlights the increasing legal risks...
Quick breakdown: The U.S. SEC has launched a task force focusing on financial surveillance and privacy in the crypto sector. The initiative aims to scrutinize illicit activities and improve regulatory frameworks around digital assets. The task force plans to...
Quick Breakdown Upbit has launched Giwa, an Ethereum layer-2 testnet with one-second block times. The blockchain supports EVM compatibility and is built on Optimism’s OP Stack. South Korea remains a global crypto powerhouse, with Upbit leading its domestic market....
Quick Breakdown: Ripple teams up with BBVA to launch regulated digital asset custody in Spain. EU’s MiCA rules accelerate bank adoption of crypto services across Europe. Ripple expands RLUSD stablecoin rollout to Africa via Chipper Cash, VALR, and Yellow...
Quick Breakdown Binance listed Ethena’s USDe on Sept 9, with withdrawals live Sept 10. USDe is now the third-largest stablecoin, with $12B+ in circulation. Binance launched a reward program for verified USDe holders. Binance has announced the listing of...
