Beyond Multi-Chain: Why Web3 Needs Cross-Chain Orchestration

The world of decentralized finance (DeFi) has evolved at a breakneck pace since its inception, and one of its foundational challenges has been interoperability. As new blockchains emerged, users needed ways to interact across different networks, leading to the development of bridges, multi-chain platforms, and cross-chain solutions. However, this has inadvertently resulted in a fragmented […]

Two NFT Developers Charged in $400K ‘Rug Pull’ Scheme

Two NFT developers

In a landmark case highlighting the risks of digital asset scams. One NFT developer has been found guilty and another has pleaded guilty in a U.S. court for conspiracy to commit wire fraud and money laundering. The charges stem from an NFT “rug pull” worth nearly $400,000. Involving the sale of three collections on the […]

Bitcoin ETFs Surge to $70B, Rivaling Gold Funds

Bitcoin ETFs

In a rapid surge of adoption, U.S.-listed Bitcoin exchange-traded funds (ETFs) have accumulated $70 billion in assets, surpassing half of what gold ETFs hold in record time. Since their January 2024 debut, Bitcoin ETFs have drawn substantial inflows, totaling $23.89 billion and reaching over 50% of the assets held by U.S.-listed gold ETFs, according to […]

Major Security Breach Hits dApps Via Lottie Player Library

Major Security Breach

A significant security breach has impacted multiple decentralized applications (dApps) following malicious code injections into Lottie Player, a popular JavaScript animation library. Hackers exploited recent updates to the library’s npm package. Embedding code into versions 2.0.5 through 2.0.7 that enabled phishing scams and drained user funds. The breach’s financial impact is already severe, with at […]

Florida Considers Bitcoin for State Pension Funds

Florida

Florida’s Chief Financial Officer, Jimmy Patronis, has taken a bold step toward integrating Bitcoin into the state’s pension fund investments. In a letter to the State Board of Administration (SBA) on Tuesday, Patronis requested a feasibility report on the potential benefits of investing a portion of the state’s retirement funds in cryptocurrency, specifically Bitcoin. This […]

Trump’s Crypto Venture Eyes Stablecoin Market

Donald Trump’s crypto project, World Liberty Financial, has taken a bold step by planning the development of a stablecoin, according to sources close to the venture. The project, which recently raised $14 million through an initial token sale, seeks to capitalize on the stablecoin market—a crucial element of the crypto ecosystem—by creating a financial product […]

Vitalik Buterin Defends Ethereum Holdings

Vitalik Buterin Defends Ethereum

Ethereum co-founder Vitalik Buterin recently took to Twitter to respond to speculation about ETH sales by himself and the Ethereum Foundation. In a Saturday thread, Buterin addressed questions surrounding the Foundation’s transfer of funds to centralized exchange Kraken and clarified the motives behind these transactions, which he said were misunderstood as “dumping” ETH onto the […]

MemeFi Shifts to Sui for Token Launch

memefi shifts

In a bold move just weeks before its anticipated token launch, MemeFi—a Telegram-based combat game—has announced its shift from Ethereum’s Linea to the Sui network. This unexpected switch marks a strategic alignment with Mysten Labs, Sui’s development team, promising not only a faster blockchain experience but also a new integration between the Sui network and […]