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Ethereum-Combatible Chain Converge Aims to Rethink Crypto Economics for Wall Street

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Ethena Labs and Securitize have announced Converge, a new Ethereum-compatible blockchain that will use stablecoins instead of native crypto assets for transaction fees. The new chain seeks to become the “first purpose-built settlement layer where TradFi will merge with DeFi, centered on USDe & USDtb and secured by ENA,” Ethena claimed Monday. Converge will help […]

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Crypto Exchange Gemini Appoints New CFO as it Prepares for Potential IPO

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Crypto exchange Gemini has appointed Dan Chen as its new Chief Financial Officer (CFO), amid speculation that the company is preparing for a potential initial public offering (IPO). Chen announced his new role on Monday in a post on X, calling crypto the most dynamic sector in finance. “Gemini is at the forefront of this

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What Is Chainlink? Exploring the Oracle Network and Its LINK Token

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Chainlink is a decentralized oracle network that connects blockchain smart contracts with real-world data, enabling applications in decentralized finance (DeFi), gaming, and enterprise solutions through its native token, LINK. Understanding Chainlink: How Its Oracle Network and LINK Token Work Blockchain technology revolutionized digital agreements through smart contracts—self-executing code that automates processes without intermediaries. However, a

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Bitcoin’s recent B open interest wipeout was essential, says analyst

Bitcoin’s recent $12B open interest wipeout was essential, says analyst

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Bitcoin’s nearly $12 billion open interest shakeout earlier this month might be just the catalyst needed for the asset to regain its upward momentum, according to a crypto analyst. “This can be considered as a natural market reset, an essential phase for sustaining a bullish continuation,” CryptoQuant contributor DarkFost said in a March 17 markets

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What Happened to Bitcoin and Ethereum Funds Last Week

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The crypto market has been bleeding for weeks, which is evident in the outflows recorded by Bitcoin and Ethereum exchange-traded funds (ETFs) and products. Last week alone, the financial vehicles tracking both assets saw outflows exceeding $1.2 billion across several countries, including the United States, Switzerland, and Canada. Withdrawals from other digital asset products brought

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Solana deletes ‘cringe’ ad criticized for being ‘tone deaf’ on gender issues

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The team behind blockchain network Solana has deleted a controversial advertisement posted on its X account after immense backlash over political messaging around gender identity. The more than two-and-a-half-minute ad for the Solana Accelerate conference posted on March 17 with the caption “America is back. Time to Accelerate” depicted a man as “America” in a

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Cardano Foundation CEO Unveils NASA Collaboration: Details

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cardano Foundation CEO Frederik Gregaard has confirmed that the blockchain platform is actively collaborating with NASA on data provenance, track and trace solutions, and satellite data applications. Cardano X NASA Collaboration Details Gregaard detailed the scope of the partnership, stating that NASA

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Russian Central Bank to Test Digital Ruble Smart Contract Functions in Tatarstan

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Russia’s Central Bank has asked the Republic of Tatarstan to help it test a range of digital ruble smart contract functions. The Russian media outlet Business Gazeta reported that the Central Bank has “approached the leadership of Tatarstan” with “a proposal to pilot” some of the CBDC’s “mechanisms.” Digital Ruble Smart Contract: Tatarstan Testing Ground

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Solana Deletes Controversial Ad Following Crypto Community Backlash

8,000 BTC Still Buried as Appeal Denied—Bitcoin Recovery Fight Heads to Europe

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A British man’s desperate fight to recover about 8,000 lost bitcoin—worth hundreds of millions—has been blocked again, pushing him to take his battle to Europe. Appeal Denied: 8,000 BTC Trapped as Man’s Battle Moves to Europe A British man who accidentally discarded a hard drive containing bitcoin worth hundreds of millions of dollars has faced

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