Approaching deadlines for spot XRP ETF applications from major asset managers, including Grayscale, Franklin Templeton, and Bitwise, are fueling speculation over potential SEC approval, especially in light of Ripple’s proposed legal settlement with the regulator, which still awaits final court approval. On the prediction platform Polymarket, odds for an approval by 2025 surged to as […]
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Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury. The company plans to acquire $500 million worth of Fetch.ai’s FET tokens, according to a June 11 announcement. TRNR has started building its token position, backed by an initial […]
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Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full […]
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Trading will start on Thursday at 12 p.m. ET once they meet liquidity conditions, enabling trading pairs of FARTCOIN-USD, CAKE-USD and SQD-USD.
VivoPower has committed $100 million in XRP to Flare Network’s ecosystem in a bid to boost returns on its digital asset holdings, according to a June 11 statement. Through this move, VivoPower intends to leverage Flare’s on-chain protocols, including Firelight, to generate sustainable yield from its XRP reserves. The company plans to channel all earned […]
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Ripple has brought Ondo Finance’s tokenized US Treasuries product, Ondo Short-Term US Government Treasuries (OUSG), to the XRP Ledger. The launch was announced on June 11 and is seen as a move to expand the reach of institutional-grade tokenized assets across the fast-rising blockchain network. According to the statement, the integration allows institutional investors to […]
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Plasma, a blockchain platform focused on stablecoin infrastructure, is making waves across the crypto space for raising $500 million through its XPL token offering and securing a strategic partnership with DeFi giant Aave in the last 24 hours. The Aave collaboration will see Plasma integrate the DeFi protocol’s lending and liquidity infrastructure to distribute USDT […]
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Connecticut's new law prohibits all levels of government within the state from holding or investing in crypto assets.
Chainlink is set to play a major role as Hong Kong’s central bank takes a big step in its digital currency tests. Phase two of the e-HKD pilot will try moving tokenized Hong Kong dollars across borders. The plan is to swap e-HKD for A$DC, an Australian dollar stablecoin. This could cut settlement times from days to seconds. It may also show how central banks can work together with blockchain technology. Related Reading: Relentless Bitcoin Accumulation: Strategy Snaps Up 1,045 More BTC Hong Kong And Australia Test Digital Cash According to reports, the project will use Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, to handle transfers. The goal is simple. Move money in real time and make sure both sides get what they expect. Phase two kicks off with Hong Kong authorities and their counterparts in Australia. They will swap e-HKD for A$DC and aim for instant settlement. Based on reports, this setup could serve as a model for other central banks. We’re excited to share that Chainlink is facilitating the secure exchange of a Hong Kong CBDC and an Australian dollar stablecoin as part of an ongoing use case in Phase 2 of the e-HKD+ Pilot Program. Congratulations to participants @Visa, ANZ, China AMC, and Fidelity… pic.twitter.com/ts2C6Vt4Ul — Chainlink (@chainlink) June 9, 2025 Chainlink Tools In Use Chainlink is not just a name in the mix. It brings two big pieces of tech to the table. CCIP handles the cross-chain messages, acting like a bridge between different blockchains. The Digital Transfer Agent, or DTA, deals with compliance. It keeps track of who owns what token and makes sure rules in different countries are met. In May, World Liberty Financial tapped Chainlink for cross-chain stablecoin transfers covering USD1. That earlier deal hinted at what’s possible this time around. Big Names Join The Pilot Visa and ANZ are helping with payment processing for e-HKD and A$DC. Asset managers Fidelity International and ChinaAMC will also take part. Their job is to manage the tokenized funds on both sides. This mix of banks, asset managers and tech firms shows the project is more than a small test. It has real money and real risks involved. Reports disclosed that those risks are managed by a Payment-versus-Payment model. This means funds are only released when both sides confirm they have received the other asset. Related Reading: Elon Musk ‘Will Do Anything’ To Make XRP King, Tech Mogul Says Market Moves And Reactions LINK, the token for Chainlink, jumped by 6% after news of the pilot broke. It now trades at $14.70. That rise follows a wider market rally driven by hopes that Bitcoin may hit $110,000 before the week’s end. According to market data, crypto traders often chase big targets. Short-term gains can be tempting. But they can also lead to quick sell-offs if the main story fades. Despite the rally, Bitcoin still tracks the equity swings rather closely. There is a mix of bulls and bears in futures data that suggests some people are not yet convinced this run will last. High volatility can shake out weaker hands at the first sign of trouble. A sudden change in risk sentiment or a fresh macro shock can quickly reverse gains. Featured image from Imagen, chart from TradingView
Cardano has taken a new step in bridging the gap between Bitcoin and decentralized finance by launching Cardinal. This protocol allows the top blockchain network to interact with Cardano’s DeFi ecosystem. Cardano founder Charles Hoskinson highlighted the release on June 9, sharing a post from Roman Pellerin, Chief Technology Officer at Input Output Global (IOG), […]
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World Liberty Financial (WLFI), a DeFi venture linked to US President Donald Trump, has drawn a $7.5 million USDT loan through the Aave lending platform. On June 10, blockchain analytics firm Onchain Lens reported that WLFI supplied assets worth more than $52 million to Aave. This included 7,900 Ethereum (ETH) valued at $21 million, 162.69 […]
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Public PoW blockchain Kadena makes its first capital deployment from a $50 million grants program, backing UK startup CurveBlock in the Bank of England’s Digital Securities Sandbox. Kadena has awarded the first grant from its new $50 million ecosystem fund, allocating $400,000 to CurveBlock, a UK-based startup building tokenized real estate inside a regulated financial […]
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The Central African Republic (CAR) is pushing ahead this month with a plan to tokenize over 1,700 hectares of land on Solana, an initiative now deeply entangled with a controversial memecoin, opaque governance, and accusations of deepfakes. What began as a state-led “crypto-powered development” experiment has morphed into one of the year’s most confounding blockchain […]
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Ripple plans to offer up to $200,000 in grants to Japanese startups building on the XRP Ledger (XRPL). The initiative, announced on June 9, is part of the company’s broader effort to foster blockchain innovation in Japan. According to the statement, the funding is tied to a new partnership with Web3 Salon, a program supported […]
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OpenSea’s rollout of its OS2 platform has driven its highest user growth in over two years, suggesting that the long-dormant NFT market may be flickering back to life. Monthly active users on OpenSea jumped to roughly 467,000 in May, marking a 44% increase from April and the most since April 2023. While sales volumes remain […]
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Argentina’s Anti-Corruption Office has determined that President Javier Milei did not violate any ethics laws when he promoted the Solana-based LIBRA memecoin in February. In a resolution issued on Friday, the office declared that Milei’s Feb. 14 X post constituted a personal statement rather than an official announcement as a public servant. Therefore, Milei’s post […]
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Eric Trump announced that World Liberty Financial, the DeFi platform linked to President Donald Trump and his family, will take a significant treasury stake in the Official TRUMP memecoin. He also confirmed that the controversial Trump-branded wallet recently unveiled by the team behind the memecoin would not continue development. Wallet project nixed The announcement comes […]
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Pump.fun is allegedly considering a revenue-sharing mechanism for its native PUMP token, according to two sources familiar with the matter.
Earlier this week, Magic Eden and the $TRUMP token project announced a forthcoming "official" wallet and trading app.
Quantum security concerns continue to ripple through digital asset markets following BlackRock’s recent warning about cryptographic vulnerabilities in Bitcoin and Ethereum, driving renewed attention to quantum-resistant infrastructure. Quantum Resistant Ledger (QRL), one of the few blockchain networks purpose-built for a post-quantum future, has seen its native token rise over 33% in the past month amid […]
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Aave, the largest decentralized lending protocol, has experienced a sharp drop in USDT liquidity to under $100 million following a massive withdrawal by a wallet linked to HTX, a crypto exchange connected to Justin Sun. According to on-chain analyst EmberCN, the wallet removed $570 million USDT from Aave’s lending pool within three hours, slashing the […]
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Institutional interest in the XRP Ledger (XRPL) continues to grow, as does the number of scams exploiting the ecosystem. On June 4, Panos Mekras, co-founder of Anodos Finance, a leading DeFi platform built on XRPL, raised concerns over the proliferation of fraudulent projects piggybacking on the blockchain network’s growing visibility. In the X post, Mekras […]
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World Liberty Financial, a DeFi venture part-owned by a trust of US President Donald Trump, has kicked off a new airdrop campaign targeting early backers. On June 4, the blockchain analytics platform Lookonchain confirmed that the project began distributing $47 worth of its USD1 stablecoin to wallets that participated in the WLFI token sale. The airdrop, approved […]
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The Altcoin LiquidityBoost Program will launch with support for 18 altcoins, with Binance regularly updating the list based on market demand.
Pump.fun plans to raise $1 billion through a token sale that would assign the Solana-based memecoin launchpad a $4 billion fully diluted token valuation, Blockworks reported on June 3, citing two people familiar with the matter. Sources said the offering will target both public and private buyers. However, they did not specify whether the new […]
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The Pi Network is shifting focus to gaming as part of its broader effort to revive user engagement and restore confidence in its ecosystem. On May 30, the Core Team announced plans to use interactive entertainment to boost engagement and unlock new use cases for its native token and app infrastructure. The move follows the […]
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Cybercriminals are adopting increasingly deceptive tactics to target crypto users, with some now posing as blockchain security companies. Their aim is to steal assets and implicate their victims in the process, making it harder for them to seek redress. This evolution comes amid a sharp rise in crypto-related losses. In May 2025 alone, hackers and […]
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One analyst said the longer-term outlook remains optimistic, with a possibility for a renewed push towards $115,000.
Strategy (formerly MicroStrategy) copycats are on the rise, and venture capital is backing the trend. Here's why.
Bitcoin-native lending platform Liquidium has unveiled a new cross-chain product that enables users to lend and borrow assets across Bitcoin, Ethereum, and Solana networks, according to a statement shared with CryptoSlate. The new solution is called Liquidium Cross-Chain Loans and was announced at the Bitcoin 2025 conference. Liquidium’s Cross-Chain Loans According to the company, the […]
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