Naver to Acquire Upbit Operator Dunamu
South Korea’s internet giant Naver is preparing a bold push into digital finance by acquiring Dunamu, the operator of the country’s largest cryptocurrency exchange, Upbit. The planned deal, which will reportedly be executed through a comprehensive stock swap, positions Naver to combine its fintech arm with one of the world’s
HSBC Invests in Elliptic, Boosting Blockchain Oversight
Blockchain analytics company Elliptic has gained a new heavyweight supporter. The London-based firm announced it has secured a strategic investment from HSBC, making it the only player in the sector backed by four globally systemically important banks (G-SIBs). Alongside HSBC, its investor roster now includes JPMorgan Chase, Santander and Wells
Tether Weighs $500B Valuation as IPO Talk Resurfaces
The world’s largest stablecoin issuer, Tether, is once again at the centre of speculation after reports emerged that it is exploring a massive fundraising round at a valuation of around $500 billion. Adding fuel to the chatter, BitMEX co-founder Arthur Hayes suggested that such a move could reshape the competitive
Little Pepe Presale Nears $26M, Blends Meme Hype with Utility
Ethereum-based meme coin Little Pepe (LILPEPE) has raised nearly $26 million in its ongoing presale, positioning itself among the most notable meme coin launches of 2025. More than just a viral internet project, Little Pepe is being built on its own Ethereum Layer 2 network and combines meme culture with
CZ’s YZi Labs Eyes Future External Investment for $10B Portfolio
Changpeng Zhao, the billionaire founder of Binance, is weighing the possibility of opening his $10 billion investment arm, YZi Labs, to external investors in the future. The firm, which was spun out of Binance in January, is still in its early stages of development but has already attracted significant interest
ASTER Slides 33% After Debut Rally: Can It Recover?
The newly launched $ASTER token has endured a volatile first week of trading. After an explosive debut that pushed prices close to $2, the token tumbled by 33% before showing early signs of recovery. With strong backing from Binance founder Changpeng Zhao (CZ) and his family office YZi Labs, the
Perpetual DEXs Heat Up: Hyperliquid Faces Rising Competition
Perpetual decentralised exchanges (DEXs) have emerged as one of the fastest-growing sectors in decentralised finance (DeFi), sparking a new wave of competition. Once a niche market, perpetual futures trading is now driving both liquidity and attention away from centralised exchanges and even threatening the dominance of early leaders such as
BNB Chain DeFi Ecosystem Surges to $9.87B TVL
BNB Chain has reaffirmed its position as a key force in decentralised finance (DeFi), with the latest figures showing a total value locked (TVL) of $9.87 billion across its ecosystem. The growth highlights not only the scale of capital flowing into the chain but also the breadth of applications it
BitGo Files for US IPO With $90B in Custody
Crypto custody heavyweight BitGo has filed for an initial public offering (IPO) in the United States, aiming to list on the New York Stock Exchange (NYSE) under the ticker BTGO. The move underscores the momentum of digital asset firms entering public markets as institutional adoption accelerates under favourable US policy
CZ’s Backing Sends Aster Token Soaring Past $1 Billion
Aster, a new decentralised perpetual exchange token, has taken the crypto market by storm following public backing from former Binance CEO Changpeng “CZ” Zhao. The endorsement, combined with strong community interest, a major token swap and rapid adoption, propelled Aster’s market capitalisation beyond $1 billion within just 24 hours of
