YZi Labs has revealed it has invested in Avalon Labs, sparking a 30% surge. Avalon has minted $613M in BTC-backed USDa stablecoins. Avalon targets to offer institutional-grade Bitcoin DeFi services. AVL token price is soaring after YZi Labs (formerly known as Binance Labs) revealed it has made a strategic investment in Avalon Labs, a rising … Read more
This is a segment from The Drop newsletter. To read full editions, subscribe. Animoca Brands co-founder and Chair Yat Siu has been focused on blockchain gaming investment and development since as early as 2018. That year was arguably the year crypto gaming started — and things have certainly changed a lot since then. Sentiment around … Read more
Update (9:27 pm UTC): This article has been updated to include a statement from Truth Media and Technology Group. Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, is planning to raise $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other cryptocurrencies, the … Read more
Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, is planning to raise $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other cryptocurrencies, the Financial Times reported. The move would position the company to follow the footsteps of crypto treasury companies like Strategy. … Read more
Cake Wallet, a non-custodial open-source wallet for cryptocurrencies, has officially launched PayJoin v2, becoming the first major mobile wallet to offer Bitcoin silent payments to everyday users. This integration introduces a protocol upgrade that disrupts blockchain surveillance by mixing transaction inputs from both the sender and receiver, undermining the common blockchain surveillance techniques chain analysts … Read more
May 26, 2025 – Singapore, Singapore Gomble Games, the Web 3.0 gaming business behind hit title ‘EggDrop,’ officially launches Gomble Builders, a creator platform where communities co-develop games, contribute assets and share in the upside – while the finished games are built to reach millions of mainstream mobile users across the world. Gomble Builders empowers … Read more
Sam Bankman-Fried, the founder and former CEO of the defunct crypto exchange FTX, could be released from prison in December 2044, more than four years earlier than his original sentence called for, according to Business Insider. Convicted in 2023 on seven counts of fraud and conspiracy, Bankman-Fried received a 25-year sentence in March 2024 for … Read more
Jippi, a mobile augmented reality (AR) game developer, will debut its Bitcoin education game at the Bitcoin Conference 2025, held at The Venetian Resort in Las Vegas from May 27-29. Inspired by Pokémon GO, the game blends location-based gameplay with financial literacy, aiming to engage over 30,000 attendees by making Bitcoin education fun and accessible. … Read more
Key Takeaways YZi Labs has invested in Avalon Labs, which focuses on Bitcoin-backed financial services. Avalon Labs aims to become the first fully regulated on-chain Bitcoin financial institution. YZi Labs, the venture arm previously known as Binance Labs, announced Monday that it has invested in Avalon Labs, an on-chain capital markets platform specializing in Bitcoin-backed … Read more
Traders seemed to be over-leveraged at $2,466 on the lower side and $2,612 on the upper side Ethereum could drop by 15% if it fails to break the key $2,700-resistance level After hitting the key resistance level of $2,700, Ethereum (ETH), the world’s second-largest cryptocurrency, has been garnering significant attention from industry giants. However, over … Read more