Mantra CEO Commits to Burning Team Tokens After OM Token Crash
John Mullin, CEO of Mantra, has announced plans to burn the 300 million OM tokens allocated to his team in a bid to restore community confidence. This step follows the April 13 collapse of the Mantra (OM) token, which fell from $6.30 to a low of $0.52, erasing over $5.5 billion in market value. Mullin […]
Pakistan Proposes Compliance-Focused Crypto Regulatory Framework
Pakistan’s regulators have put forward a compliance-driven framework for digital asset oversight, aiming to meet Financial Action Task Force (FATF) standards for anti-money laundering (AML) and countering terrorism financing. This marked change comes after years of anti-crypto rhetoric and highlights the country’s intention to embrace digital assets—albeit under stringent compliance. Paradigm Shift in Pakistan’s Policy […]
Bitcoin Staking Protocol SatLayer Goes Live on Babylon Genesis
SatLayer, a Bitcoin staking protocol, has launched Phase I of its Mainnet on Babylon Genesis—the first blockchain to be natively secured by Bitcoin. The move introduces BTC into the DeFi world as a programmable asset, offering both liquidity and security to decentralized applications. Bitcoin in DeFi By integrating with Babylon Genesis, SatLayer makes it possible […]
Cosmos Launches Eureka
Cosmos, the blockchain network billing itself as the “internet of blockchains,” has introduced Eureka, an upgrade to its Inter-Blockchain Communication (IBC) protocol that extends native interoperability to Ethereum. This strategic move transforms IBC from an ecosystem-specific standard into a universal interoperability layer, allowing developers to build and deploy multichain apps across multiple ecosystems — all […]
NY Attorney General Pushes for National Crypto Regulation
New York Attorney General Letitia James has called on the U.S. Congress to enact comprehensive federal legislation governing cryptocurrencies, citing urgent concerns about fraud, criminal abuse, and market instability. In an April 10 letter to congressional leaders, James outlined the need for national rules that would protect retail investors, restrict questionable crypto practices, and solidify […]
Binance Adds Apple Pay, Google Pay
Binance has enhanced its fiat onramp through a partnership with Worldpay, giving users the option to buy cryptocurrency using Apple Pay or Google Pay. This marks a significant expansion in the exchange’s payment methods, particularly for regions where credit card usage is limited but mobile adoption is high. Key Highlights “By supporting the most widely […]
Bank of Canada Explores Flash Loan Policy Implications
The Bank of Canada has published a staff discussion paper that investigates flash loans – a novel form of blockchain-native finance where users borrow crypto without collateral, repaying within a single atomic transaction. This analysis captures how flash loans might influence future tokenized financial infrastructure and potential risks to financial stability. A Closer Look at […]
Blockchain Financial Innovation Is Vital To The Next Industrial Revolution
Xiao Feng, Chairman of HashKey Group, has declared that blockchain finance will be the foundation of the next industrial revolution. Speaking to an early morning crowd at the Hong Kong Convention and Exhibition Center, Xiao described blockchain as a “new generation of financial infrastructure” that redefines how transactions are recorded, settled, and governed. Financial Revolution […]
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