Tokens

ZachXBT warns suspected ZKasino fraudster may be linked to new crypto venture WhiteRock

ZachXBT warns suspected ZKasino fraudster may be linked to new crypto venture WhiteRock

Investigators have linked a figure in the $30 million ZKasino alleged scam to a fresh cryptocurrency project branded WhiteRock (WHITE), on-chain analyst ZachXBT reported in a June 16 post on X. WhiteRock surfaced in December 2024 with an anonymous team, overstated user counts, and unverifiable claims about a USDX reserve, researchers at Blokiments wrote in […]

ZachXBT warns suspected ZKasino fraudster may be linked to new crypto venture WhiteRock Read More »

Solana co-founder calls Cardano’s proposed 0M treasury move to Bitcoin ‘so dumb’

Solana co-founder calls Cardano’s proposed $100M treasury move to Bitcoin ‘so dumb’

Solana Labs co-founder Anatoly Yakovenko has opposed Cardano’s leadership’s new proposal to convert part of its treasury into Bitcoin. In a June 16 post on X, Yakovenko suggested the idea was misguided, arguing that it reflects poor treasury management and sends the wrong message to the Cardano community. According to him: “Projects should keep 18-36

Solana co-founder calls Cardano’s proposed $100M treasury move to Bitcoin ‘so dumb’ Read More »

Walmart & Amazon eye B in savings by launching corporate stablecoin as US GENIUS legislation nears

Walmart & Amazon eye $14B in savings by launching corporate stablecoin as US GENIUS legislation nears

Walmart and Amazon are preparing to launch their own stablecoins as the U.S. Senate advances landmark legislation that would establish a federal regulatory framework for privately issued digital dollars for the first time. The legislation, known as the GENIUS Act (S.394), has passed committee and cleared cloture, with a final Senate vote scheduled for June

Walmart & Amazon eye $14B in savings by launching corporate stablecoin as US GENIUS legislation nears Read More »

XRP’s corporate treasury investments near  billion

XRP’s corporate treasury investments near $1 billion

A growing number of public companies are committing significant funds to XRP treasuries, with total commitments approaching the $1 billion milestone. The move signals rising institutional interest in integrating blockchain-based assets into corporate financial strategies. Momentum builds around corporate XRP reserves On June 12, Singapore-based Web3 firm Trident Digital revealed plans to raise up to

XRP’s corporate treasury investments near $1 billion Read More »

Cardano’s 0M plan to tackle DeFi and stablecoin challenges

Cardano’s $100M plan to tackle DeFi and stablecoin challenges

The Cardano ecosystem could soon undergo a strategic treasury shift to energize its DeFi and stablecoin sectors. On June 13, the network founder Charles Hoskinson suggested allocating around $100 million worth of ADA from the network’s treasury towards a mix of stablecoins and Bitcoin. According to him: “[W]e take about a hundred million worth of ADA

Cardano’s $100M plan to tackle DeFi and stablecoin challenges Read More »

Tether amplifies gold strategy with around  million stake in Elemental Altus

Tether amplifies gold strategy with around $90 million stake in Elemental Altus

Tether has taken a new step in its long-term strategy of diversifying outside its primary stablecoin issuance business. On June 12, the USDT stablecoin issuer disclosed that it acquired an equity stake in Elemental Altus Royalties, a firm specializing in gold royalties. According to the firm, on June 10, it secured 78.4 million common shares

Tether amplifies gold strategy with around $90 million stake in Elemental Altus Read More »

Interactive Strength to launch AI-driven crypto treasury with 0 million Fetch.ai token acquisition

Interactive Strength to launch AI-driven crypto treasury with $500 million Fetch.ai token acquisition

Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury. The company plans to acquire $500 million worth of Fetch.ai’s FET tokens, according to a June 11 announcement. TRNR has started building its token position, backed by an initial

Interactive Strength to launch AI-driven crypto treasury with $500 million Fetch.ai token acquisition Read More »

Polygon’s governance revamp to focus on stablecoin payments and AggLayer

Polygon’s governance revamp to focus on stablecoin payments and AggLayer

Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full

Polygon’s governance revamp to focus on stablecoin payments and AggLayer Read More »

VivoPower commits 0 million in XRP to Flare Network

VivoPower commits $100 million in XRP to Flare Network

VivoPower has committed $100 million in XRP to Flare Network’s ecosystem in a bid to boost returns on its digital asset holdings, according to a June 11 statement. Through this move, VivoPower intends to leverage Flare’s on-chain protocols, including Firelight, to generate sustainable yield from its XRP reserves. The company plans to channel all earned

VivoPower commits $100 million in XRP to Flare Network Read More »

Ripple brings Ondo Finance’s tokenized US Treasuries to XRPL

Ripple brings Ondo Finance’s tokenized US Treasuries to XRPL

Ripple has brought Ondo Finance’s tokenized US Treasuries product, Ondo Short-Term US Government Treasuries (OUSG), to the XRP Ledger. The launch was announced on June 11 and is seen as a move to expand the reach of institutional-grade tokenized assets across the fast-rising blockchain network. According to the statement, the integration allows institutional investors to

Ripple brings Ondo Finance’s tokenized US Treasuries to XRPL Read More »