Category: crypto

Former TRON lead Hunter Rogers has joined Bitcoin-native yield platform TeraHash to drive Bitcoin adoption in decentralized finance. TeraHash offers hashrate-backed BTC yield, aiming to make over $20 billion in annual mining revenue accessible to DeFi users. Rogers will lead the platform’s growth phase and ecosystem partnerships to establish it as the institutional standard for…

YZi Labs invested in Funes, a digital heritage platform that preserves global architecture through 3D modeling. The funding will support Funes in creating an open archive of ancient and modern structures. The initiative aims to safeguard crumbling monuments and modern sites alike for future generations.

Tether, KraneShares, and Bitfinex are partnering to promote the adoption of tokenized securities globally. The collaboration aims to leverage Tether’s technology, KraneShares’ ETF expertise, and Bitfinex Securities’ regulatory capabilities to drive the growth of the tokenized assets market, which is projected to reach $10 trillion by 2030.

Grayscale has removed management fees for its Solana Trust ETF to attract more investors. The promotion will last three months or until the fund reaches $1 billion AUM. The fund will stake up to 100% of its SOL at a 7% rewards rate. Grayscale is betting big on Solana’s success.

Solana is forming a Blockchain Payments Consortium with competitors like Polygon, TON, Sui, Monad, and Fireblocks to create a unified framework for blockchain-based payments. The goal is to address interoperability issues and develop a common standard for compliance across different blockchain networks to facilitate institutional capital flow.

Cathie Wood of Ark Invest has reduced her bullish Bitcoin forecast for 2030 from $1.5 million to $1.2 million. She attributes this change to the rising adoption of stablecoins, which are taking over some of Bitcoin’s market role. The current Bitcoin price is around $100,000, with various forecasts ranging from $120,000 to $170,000 in the…

Despite Binance joining Sei Network as a validator, Sei’s price fell by 4% to $0.16. This drop is part of a wider trend in the bearish market conditions affecting altcoins, with Sei experiencing a 12% decrease in the past week and 44% in the past month. The overall altcoin market cap has also decreased.

The Burner Terminal, launched by Arx Research, is a point-of-sale device that supports stablecoin payments through tap-to-pay functionality. It also includes support for traditional EMV card swipes, offering merchants a single solution for both payment methods. The device eliminates gas fees and offers an offramp to bank accounts.

Securitize has expanded VanEck’s tokenized fund to Aave’s real-world assets platform. The VBILL tokenized treasury fund is now available on Horizon, allowing institutions to use it as collateral. This partnership aims to bring decentralized finance benefits to traditional finance, with plans to unlock institutional DeFi in the future.

OKX, a major cryptocurrency exchange, is launching a digital dollar wallet and Mastercard card in Brazil to simplify access to global finance and challenge the high-cost dollar broker market. The products allow users to convert Reais to digital dollars, earn APY, and spend globally without foreign transaction fees, aiming to replace traditional dollar brokers.