Category: crypto

Bitget CEO Gracy Chen discusses the $1 trillion US stock wipeout, attributing it to a global macro risk reset. Bitcoin’s lower leverage hints at its transition to a neutral portfolio allocation rather than a high-risk investment. Despite volatility, Bitcoin’s behavior is seen as more robust amid market stress due to decreased leverage and increased institutional…

Bitcoin’s price fell below $66,000, the lowest in a month, as David Sacks steps down as White House crypto czar. His departure raises concerns about the future of digital asset policy. Over $500 million in leveraged crypto bets were liquidated, signaling a setback in the market. Geopolitical tensions and macroeconomic factors also contribute to market…

Tazapay raised $36 million in Series B funding to expand cross-border payment infrastructure and licensing globally, with Circle Ventures leading the extension. The company serves over 1,000 enterprises and fintechs in 30 countries, focusing on faster, cheaper, and regulated payments. The funding will support digital settlement technology and expansion in various regions.

Better Home & Finance and Coinbase are collaborating on a new mortgage product that would allow homebuyers to use their crypto holdings as collateral, combining a standard mortgage with a separate crypto-backed loan. This would be a departure from current Fannie Mae rules that require crypto to be converted into dollars. The product would involve…

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.