A major crypto merger that could have reshaped the stablecoin market has quietly fallen apart, marking a shift in strategy for one of the industry’s biggest players. Summary Coinbase and BVNK drop $2B acquisition after due diligence. The deal would have boosted Coinbase’s stablecoin strategy. COIN shares dip as investors [...]
Ethereum price appears to be losing momentum as trading activity slows and investor confidence softens. Summary Ethereum price is trades near support, down 30% from its all-time high. DEX volumes and TVL continue to fall across the Ethereum network. Spot ETH ETFs saw $107M in outflows, showing weaker investor demand. [...]
A new report by Bybit’s Lazarus Security Lab found that 16 major blockchains can freeze funds, and 19 more could do it with minor changes. Summary The report found that 16 chains can freeze funds, while 19 more can easily add this function Major chains, including BNB, VeChain, and CHILIZ, [...]
JPMorgan’s latest blockchain move could redefine how banks handle money transfers in the digital age. Summary JPMorgan expands JPM Coin to Coinbase’s Base network for faster settlements. Institutional users gain 24/7 payment access using tokenized USD deposits. The bank has also partnered with DBS to pilot cross-border tokenized deposits. JPMorgan [...]
The value of tokenized gold has exploded over the past few months, driven by both adoption and rising macroeconomic risks. Summary Tokenized gold reached an all-time high at $3.6 billion Tether’s XAUT and PAX Gold dominate the tokenized gold market Gold on the blockchain rose 50x in value since 2021 [...]
Astar Network has released a new roadmap as it moves to add more utility and features to its native token. Summary Astar Network, a parachain within the Polkadot ecosystem, has released a fresh roadmap to enhance its native token. The project plans to introduce a fixed supply cap of 10.5 [...]
Chinese decentralized contract exchange, Sun Wukong, launches its proof-of-reserves page which contains the platform’s current stablecoin reserves standing at $64.14 million. Summary Sun Wukong unveils its proof-of-reserves page with a 100% stablecoin reserve ratio, with nearly all of its $64.14 million reserves held in USDT. Since it was launched in [...]
Solana price could be at risk of more downside in the coming weeks after forming two highly bearish patterns on the daily chart. Summary Solana price has crashed by 38% from its highest point in August. Spot SOL ETFs have accumulated over $342 million in inflows. Technical indicators suggest the [...]
Internet Computer and the NEAR Protocol are among the top artificial intelligence-related cryptocurrencies to experience notable dips on Nov. 11. Summary Internet Computer and NEAR Protocol led losses among top AI tokens. The tokens were down 7.6% and 8% respectively as market cap of artificial intelligence-related coins dropped by 7%. [...]
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