Get ready for some significant news from the stablecoin giant! Tether, the issuer of the world’s largest stablecoin, USDT, is making waves with its investment strategy. The company’s CEO, Paolo Ardoino, recently shared compelling details about how Tether is utilizing its substantial profits, and it involves a major focus on the leading cryptocurrency: Bitcoin. Tether’s … Read more
The cryptocurrency market is experiencing significant turbulence, with recent data showing Bitcoin‘s (BTC) value dipping below $106,000 before stabilizing at $106,800. This decline affects the broader digital currency landscape, ushering in a wave of losses that analysts suggest could intensify if the bearish trend continues. How Are BTC and ETH Performing?What Is Expected for ETHBTC … Read more
A Hyperliquid trader known as James Wynn has seen his Bitcoin long bets on the platform liquidated for almost $100 million after Bitcoin dipped below $105,000. Wynn had made two significant long leveraged positions on Bitcoin (BTC), betting that the cryptocurrency’s price would rise, but onchain data shows those positions were liquidated to the tune … Read more
India may unveil a comprehensive discussion paper in June aimed at shaping crypto asset regulations, drawing heavily on guidance from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). This move follows a surge in global acceptance, particularly after U.S. President Donald Trump endorsed digital currencies, signaling a major policy shift. In India, … Read more
All web3 users will have access to forensic-grade analytics thanks to these capabilities, which do not need any prior technical knowledge. After a private beta that included more than 200,000 people, V2 is now available to the general public. It has been announced that Bubblemaps, the premier onchain intelligence platform, has made its most significant upgrade to date, … Read more
U.S. stocks were mixed amid uncertainty over trade, while Nvidia earnings boosted investor sentiment. Markets reacted positively to Nvidia’s latest earnings, but tariff-related news continued to weigh on investor confidence. On Thursday, May 29, the tech-focused Nasdaq rose 35 points, or 0.18%. At the same time, the Dow Jones slipped 0.04%, while the S&P 500 … Read more
Rain, a crypto card platform that lets users spend stablecoins anywhere Visa (V) is accepted, said it has added support for Solana , Tron and Stellar networks. The update makes it easier for companies building on those chains to launch their own branded cards, backed by either custodial or non-custodial wallets, that work across borders … Read more
Coinbase’s layer-2 blockchain Base briefly saw the number of transactions it processed per second near 1,000, bringing it closer to the performance of layer-1 blockchain Solana. On May 29, Base creator Jesse Pollak said on X that Base had sustained near 1,000 transactions per second (TPS) during a launch on the agentic artificial intelligence platform … Read more
Coinbase’s layer-2 blockchain Base briefly saw the number of transactions it processed per second near 1,000, bringing it closer to the performance of layer-1 blockchain Solana. On May 29, Base creator Jesse Pollak said on X that Base had sustained near 1,000 transactions per second (TPS) during a launch on the agentic artificial intelligence platform … Read more
SoonChain, an AI-powered layer for Web3 gaming, has announced its strategic collaboration with FluxAI to redefine the landscape of Web3 game development. The other partner, FluxAI, is a platform for creative AI tools. Through this collaboration, SoonChain’s AI-driven gaming Layer 2 integrates into FluxAI’s groundbreaking creative AI tools. 🔴Partnership Announcement: SoonChain X @Fluxai_AI We’re excited … Read more