Category: crypto

Benji Taylor has been appointed as the head of design at X in preparation for the public launch of X Money. Taylor has experience in crypto wallets, DeFi, and consumer apps, and will work closely with Elon Musk and the team. X Money will offer wallet services, peer payments, and a debit card.

Mixin, a privacy-focused platform for digital assets, has expanded its gas fee subsidy program to allow users to transfer assets across multiple blockchains with effectively zero transaction costs. This initiative aims to make everyday crypto usage more accessible and cost-efficient by reimbursing users for on-chain fees.

The White House has approved a Department of Labor proposal that could change how 401(k) fiduciaries assess alternative assets, including digital-asset exposure. This follows President Trump’s executive order to expand alternative assets in retirement plans, and Indiana lawmakers advancing a bill requiring crypto options in retirement savings plans.

Mochi Finance founder Azeem Ahmed sold over 550,000 CVX tokens, leading to a price drop of more than 10%. The tokens were linked to a 2021 Curve Finance drain that caused $54 million in losses. Ahmed faces multiple fraud allegations across DeFi projects, totaling over $8 million in diverted rewards and $54 million in losses.

Mezo is allocating 2.25% of its supply to Aerodrome’s veAERO voters over 30 days to bootstrap MEZO and MUSD liquidity on Base. The move aims to leverage Aerodrome’s governance model to bring Bitcoin into the DeFi ecosystem. Mezo’s strategic partnership with Aerodrome aims to attract sophisticated capital to Bitcoin’s emerging DeFi stack, replicating the success…

Avalanche’s price is around $9.67 with a market cap of $3.8 billion and 24-hour volume over $220 million. Despite being classified as a U.S. “digital commodity” and undergoing upgrades, AVAX is consolidating below a key resistance level. Subnet expansion and RWA activity contrast with the stagnant price action.

Economist Peter St. Onge warned about a hidden provision in a Senate housing bill that bans a Federal Reserve-issued digital dollar until 2031, sparking debate among lawmakers. House Republicans are pushing for a permanent ban, while critics argue the provision doesn’t belong in a housing bill. The future of the ban is uncertain.

ZachXBT criticized YoungHoon Kim’s $LAMB presale as a scam with botted engagement and recycled scam tactics. Kim launched the token claiming profits would go to building churches, attracting scrutiny and mockery. The presale raised $51,910 with a fully diluted value of $6.804 million. ZachXBT highlighted the suspicious nature of the project.

NYSE CPO Jon Herrick emphasizes the importance of blockchain interoperability with existing market infrastructure, rather than replacing it entirely. NYSE’s parent company, ICE, has made a strategic investment in OKX, aiming to offer tokenized equities to users. The market structure is evolving with SEC moves on tokenized stocks.

Tether has launched its gold-backed token XAU₮ on BNB Chain and Binance, expanding its reach to over 12 blockchains through the USDt0 network. XAU₮ represents one fine troy ounce of physical gold held in Swiss vaults. The stablecoin market grew to over $4 billion in 2025, with XAU₮ holding 60% market share.