Category: crypto

MetaMask has introduced a Gas Station feature allowing users to pay network fees using Ethereum-based tokens instead of ETH. This aims to enhance accessibility and streamline transactions, particularly for DeFi users. The feature is integrated with the Swaps function and sources gas fee pricing from multiple sources to provide competitive fees.

Ondo Finance has launched Ondo Global Markets (Ondo GM), a platform that tokenizes real-world assets like stocks, bonds, and ETFs on the blockchain. This allows global access to US securities for investors outside the US. The sector has seen significant growth, with $16.88 billion in on-chain value and increasing interest from traditional financial institutions.

DeFi Education Fund urges DOJ to reconsider holding DeFi developers accountable for users’ actions, comparing them to car manufacturers not responsible for drivers. They warn targeting developers under laws like Section 1960 could hinder innovation and create harmful precedents. Legal clarity needed to distinguish control in decentralized protocols for responsible innovation.

Tether, the issuer of the largest stablecoin, is expanding its AI capabilities with applications like AI translate and voice assistant. They are developing an open-source SDK platform compatible with various devices. Despite regulatory challenges, Tether continues to mint USDT tokens, reaching $140 billion in supply. Regulatory pressures in Europe have led to USDT delistings from…

The Algorand Foundation has suggested that Elon Musk’s Department of Government Efficiency (DOGE) should use its blockchain technology for government operations to improve transparency and security. Despite legal challenges and slow adoption, DOGE is exploring blockchain integration for financial oversight and data security. Musk supports this as a way to empower the public.

The XRP Ledger experienced a one-hour halt in transaction validation, causing concerns about network stability. Ripple’s CTO stated that the cause remains unknown, but validators may have held back confirmations intentionally. Despite the outage, XRPL’s ecosystem is growing with increased on-chain activity and new features like Decentralized Identifiers and native Oracles.

Bitcoin is predicted to benefit in the long term regardless of President Trump’s trade policies. Analysts believe that Trump’s economic strategies, including tariffs, could be a positive catalyst for Bitcoin. The recent introduction of tariffs on imports has caused fluctuations in the market, with Bitcoin and Ethereum dropping. Park’s analysis is based on the Triffin…

Kakao Corp. has formed a strategic partnership with OpenAI, making it the first South Korean company to do so. The collaboration aims to integrate OpenAI’s advanced models into Kakao’s platforms and co-develop AI-driven products for the Korean market. This move signals OpenAI’s push into Asia amid growing competition.

The White House Crypto Czar, David Sacks, discussed the establishment of a Bitcoin reserve and regulatory framework for digital assets. Senators and Representatives also spoke about stablecoin legislation and market reforms. Additionally, a new bill aims to regulate payment stablecoins in the US, while the SEC launched a crypto task force led by Commissioner Hester…

WazirX creditors will soon vote on whether to accept a recovery plan that could see compensation for lost crypto starting in 2025 or risk liquidation, with potential lower payouts. The company’s proposed plan has sparked controversy and skepticism among users, with concerns over delays, tax implications, and past communication failures.