Controversial celebrity Andrew Tate is learning that high-leverage trading on decentralized platforms like Hyperliquid is not for the faint of heart. His experience comes only days after James Wynn made headlines as an unlucky whale taking leveraged bets on Hyperliquid. Andrew Tate’s Hyperliquid Gamble Mirrors James Wynn’s Costly Collapse According to on-chain data from Lookonchain, … Read more
RESOLV is steady, up 84% from all-time lows. The launch of the USR stablecoin is timely, following the Senate’s passing of the GENIUS Act. If the bill becomes law, DeFi projects could surge. Resolv is capturing crypto media attention as of June 12, and for good reasons. While its native token, RESOLV, is up 84% … Read more
Centralized treasuries, including ETFs and corporations, control 30.9% of the Bitcoin supply. Centralized exchanges and ETFs handle over 75% of BTC’s adjusted transfer volume. Strategic BTC Reserve could generate a $25 market cap expansion for every $1 invested. Centralized treasuries now control 30.9% of Bitcoin’s circulating supply, according to a new report from Gemini and … Read more
The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their collateral assets in Brazil. This, in turn, would simplify the process of assigning credit within an onchain, open, and shared finance ecosystem. Central Bank of Brazil Seeks to Solve Onchain Credit in Drex’s … Read more
Floki Inu launches a five-week Valhalla campaign targeting mobile gamers across seven crypto-friendly countries. Valhalla ads will appear in top games like Subway Surfers and Candy Crush to boost awareness and adoption. Starting June 16, Floki Inu will execute a five-week campaign to introduce Valhalla—their Play-to-Earn metaverse game—to millions of mobile gamers around the world. … Read more
The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their collateral assets in Brazil. This, in turn, would simplify the process of assigning credit within an onchain, open, and shared finance ecosystem. Central Bank of Brazil Seeks to Solve Onchain Credit in Drex’s … Read more
Ant International reportedly plans to apply for stablecoin issuer licenses in Singapore and Hong Kong, signaling growing institutional cryptocurrency adoption among fintech firms. Ant International, a Singapore-based unit of the Jack Ma-backed Ant Group, is preparing to submit a license application in Hong Kong after the city’s stablecoin regulatory framework takes effect in August, according … Read more
Despite the positive news on the US-China trade front and the CPI numbers in the States, bitcoin’s price failed to capitalize and has fallen by over two grand. Most altcoins are also in the red today, with DOGE, SUI, ADA, LINK, TRX, and AVAX posting big losses. BTC Stopped at $110K After last Friday’s violent … Read more
The idle power paradox and Pakistan’s Bitcoin energy plan As of March 2025, Pakistan boasted an installed power capacity of 46,600 MW, a slight increase from the previous year. Almost 14% of this capacity remains idle, especially during off-peak winter months when demand can drop as low as 12,000 MW. The core issue here lies … Read more
A jaw-dropping collaboration between the Stellar Network and PayPal could see PYUSD integrated on the decentralised, public blockchain. PayPal’s stablecoin is expected to reap a wide array of benefits, including capitalising on the speed and low transaction cost of the Stellar Network. PayPal has announced a strategic move to integrate its stablecoin PayPal USD (PYUSD) … Read more