Ethena Labs Partners with TON Blockchain to Revolutionise Crypto Adoption
Ethena Labs and the Ethena Foundation have announced a strategic partnership with the TON Blockchain, aiming to leverage the immense reach of Telegram to drive widespread adoption of their synthetic dollar, USDe. This collaboration marks a significant milestone in blockchain innovation and decentralised finance (DeFi) integration. USDe Integration into TON
Banks Must Embrace Crypto or Die: Eric Trump
Eric Trump, executive vice president of the Trump Organization, has issued a stern warning to the global banking sector. Speaking at the Bitcoin MENA 2024 conference in Abu Dhabi, Trump stated that banks must adopt blockchain technology and cryptocurrencies or risk becoming obsolete. His comments align with the growing push
Arthur Hayes Predicts Bitcoin to Hit $1M by 2028
At the TOKEN2049 conference in Dubai, Arthur Hayes, CIO of Maelstrom and co-founder of BitMEX, stunned audiences with a bold new forecast: Bitcoin could surge to $1 million. Speaking at the event’s inauguration, Hayes doubled down on his long-standing optimism about crypto’s future. “It’s Time to Go All In” In
Trump’s Dinner Gambit Sends $TRUMP Token Soaring
In a bold and theatrical move, former U.S. President Donald Trump has breathed new life into the struggling memecoin $TRUMP, turning a fading token into the talk of the crypto world. An exclusive dinner at the Trump National Golf Club, offered only to the top 220 holders of the token.
Russia Plans State-Run Crypto Exchange for Elite Investors
Russia is preparing to launch a government-regulated cryptocurrency exchange aimed exclusively at highly qualified investors. Spearheaded by the Ministry of Finance (Minfin) and the Central Bank of Russia (CBR), the move is part of a controlled effort to bring crypto transactions under legal oversight, especially for cross-border settlements amidst sanctions.
PayPal Offers 3.7% Interest on PYUSD: A New Era for Stablecoins
PayPal is upping the ante in the stablecoin space with a major rewards programme that offers up to 3.7% annual interest for users holding its PYUSD stablecoin. Announced on 23 April, this move is set to boost adoption and real-world utility as the fintech giant leans deeper into digital finance.
Ramil Palafox Charged in $198M Crypto Scam Scandal
In a major move by the newly chaired U.S. Securities and Exchange Commission (SEC), Ramil Palafox, founder of PGI Global, has been accused of orchestrating a $198 million fraudulent investment scheme. The SEC’s complaint details a web of deceit masked under promises of crypto trading profits, while investor funds were
Ripple’s XRPL Hit by Crypto-Stealing Backdoor: Thousands at Risk
A major security breach has rocked the XRP Ledger (XRPL), Ripple’s smart contract-capable blockchain, after a hacker injected a malicious backdoor into its core software. Discovered by crypto security firm Aikido, the attack has raised alarms across the blockchain ecosystem. Backdoor Planted in XRPL Node Software The compromise began at
Bitcoin Eyes $90K: Rally or Resistance Ahead?
Bitcoin (BTC) surged past $89,000 on April 22, marking its highest level since early March. Despite the bullish momentum, market analysts are urging caution as BTC approaches a major resistance zone that could determine its short-term direction. Strong Demand Pushes BTC to 6-Week High The latest rally has been fuelled
Crypto Casinos Rake In $81B in 2024 Despite Global Crackdowns
Despite facing bans across major jurisdictions, crypto casinos posted a staggering $81.4 billion in revenue in 2024, cementing their place as a dominant force in the online gambling world. A new report from Yield Sec reveals the booming growth of decentralised betting, driven by user demand, VPN workarounds, and crypto-native
