Tether has deployed its flagship stablecoin, USD₮, on the Kaia blockchain as part of a broader collaboration with Line Next, the Web3 arm of Line, Japan’s popular messaging platform with over 196 million monthly active users. The integration means USD₮ (USDT) will now be supported across Line’s messenger-based Mini DApp ecosystem and self-custodial wallet, enabling … Read more
Key Points: Binance lists Polyhedra Network; offers a ZKJ airdrop for eligible users. Airdrop targets active users with specific criteria. Increases participation in Binance Alpha with regional compliance. Binance announced on May 7 that Polyhedra Network (ZKJ) is now listed on Binance Alpha, with a new airdrop for qualifying users. The airdrop is designed to … Read more
Key points: Bitcoin and gold trade in lockstep on low timeframes as macro volatility triggers heighten. The Federal Reserve interest rate decision and press conference is just hours away. Market sentiment for rate cuts in 2025 decreases sharply ahead of the FOMC meeting. Bitcoin (BTC) saw a flash short-term trend change into May 7 as … Read more
Leadership transition and new organizational structure reinforce commitment to core technology and enhanced governance SAN FRANCISCO, May 7, 2025 /PRNewswire/ — Movement Labs, a Web3 company and core contributor of the Movement Network, today announced the establishment of Move Industries by two Movement employees. The newly formed Move Industries has been established to ensure a … Read more
Thrive Capital, a venture capital firm backed by OpenAI, has led a significant $900 million funding round for Anysphere raising its valuation to approximately $9 billion. Anysphere’s Valuation Rises More Than Threefold Venture capital firm Thrive Capital recently led a massive $900 million funding round for Anysphere, the creator of the rapidly expanding artificial intelligence … Read more
Japan’s Metaplanet has purchased an additional 555 Bitcoin as part of its aggressive accumulation strategy, bringing its total holdings to 5,555 BTC — valued at over $536 million at current prices. On May 7, the Tokyo-listed firm disclosed that it spent $53.4 million acquiring 555 Bitcoin (BTC) at an average price of $96,134. The company … Read more
Movement Labs confirmed the termination of its co-founder, Rushi Manche, following controversy over a market maker deal that he brokered. Movement Labs made the announcement in a May 7 X post, stating it had “terminated Rushi Manche.” The project said it “will continue under a different leadership.” The post also alludes to upcoming governance changes. … Read more
Resurgent Bitcoin price action to start off May had bulls forecasting a run to $100K, only to fall back around the $95K range just as an imminent breakout appeared to be in the works. Meanwhile, Cardano hasn’t performed nearly as well, falling short of $1, which was expected to be a cakewalk for the L1 … Read more
The world of politics and the rapidly evolving landscape of cryptocurrency often intersect in unexpected ways. Recently, a ripple of anticipation went through various news outlets and social media platforms following a report by Walter Bloomberg on X, quoting former U.S. President Donald Trump. According to the report, Trump hinted at a forthcoming announcement that … Read more
The UK Treasury has opted out of establishing a national cryptocurrency reserve, differentiating its stance from the United States. This decision highlights unique market dynamics specific to the UK, as announced during global discussions on cryptocurrency strategies and regulations. How Does the UK View Cryptocurrency Reserves?What Challenges Do Cryptocurrency Regulations Face? How Does the UK … Read more