Category: crypto

Bitcoin-native lending platform Liquidium has introduced a new cross-chain product called Liquidium Cross-Chain Loans, allowing users to lend and borrow assets across Bitcoin, Ethereum, and Solana networks. The product uses Chain Fusion Technology to enable direct communication between blockchains without third-party bridges. The platform aims to address limitations in decentralized finance and is set to…

Chainlink’s price feed malfunction on May 29 caused over $500,000 in liquidations, raising concerns about oracle reliability in DeFi. The incident involved the deUSD stablecoin on Avalanche’s Euler Finance protocol, prompting debate on oracle manipulation and errors. Chainlink defended its data accuracy, while critics highlighted risks in using illiquid assets as collateral.

Netflix has greenlit a limited series called The Altruists, based on the collapse of cryptocurrency exchange FTX and its co-founder, Sam Bankman-Fried. The show, produced by Barack and Michelle Obama’s Higher Ground banner, stars Julia Garner and Anthony Boyle. It will explore FTX’s rise, downfall, and the relationship between Bankman-Fried and Caroline Ellison. Production is…

Trump Media & Technology Group completed a $2.44 billion private placement to fund a Bitcoin treasury strategy. The deal involved 50 institutional investors and includes the sale of shares and convertible notes. The company aims to accumulate Bitcoin and become one of the top five public companies by Bitcoin holdings globally. CEO Devin Nunes sees…

Coinbase has expanded its derivatives offerings to include 24/7 trading for XRP and Solana futures. This move is part of the platform’s overall expansion in the derivatives market, allowing users to trade these assets around the clock.

Donut, a new crypto-native browser for autonomous agents, raised $7 million in pre-seed funding to transform how users and AI interact with the decentralized web. Integrating crypto wallets, networks, and DEXs, Donut allows instant asset swapping, betting, and yield earning. The company aims to become the primary browsing layer for crypto-native AI agents.

Elon Musk denied signing an agreement with Telegram to distribute the Grok large language model, despite Pavel Duvov’s announcement. They had agreed in principle but formalities were pending. The deal would provide Telegram with $300 million in cash and equity. Musk also confirmed his exit from the US Department of Government Efficiency.

Top Win International Limited, now trading as SORA on Nasdaq, made strategic investments in HK Asia Holdings and Metaplanet to expand into Asia’s digital assets market. These firms have seen significant growth through the Bitcoin Treasury Model. Top Win plans to make similar investments in other Asian countries and is rebranding as AsiaStrategy.

A Bloomberg analyst predicts that Meta will lead the way in integrating Bitcoin into corporate operations. They believe that Meta’s adoption of Bitcoin will set a trend for other companies to follow in the future.

Webus International plans to raise $300 million through non-equity financing to create an XRP reserve for global chauffeur services payments. They will use existing cash, loans, and credit lines. The reserve is part of three initiatives, including blockchain infrastructure development and overseas expansion. The company will partner with Tongcheng Travel Holdings and focus on borderless…