News

Mitchell Demeter Named CEO as Sonic Labs Boosts Global Growth

Mitchell Demeter has been named CEO of Sonic Labs to lead global growth and institutional expansion.Sonic Labs completed a $6 million token buyback, increasing...

China Cuts Rare Earth Exports to US, Controls 92% Processing Market

China controls 61% of mined rare earth minerals and 92% of global processing output.BRICS nations increased rare earth mineral supply by 12.6% in the...

Jack Dorsey Slams Tether’s $250K Bitcoin Donation to OpenSats

Tether donated $250,000 to OpenSats to support Bitcoin development.Jack Dorsey criticized the donation amount, citing his own $21 million contribution.OpenSats is a nonprofit focused...

SHIB Drops 9.5% Amid Whale Selloff, Recovery Hinted by Lead

The SHIB token dropped 9.5% within 24 hours, falling to $0.000009351.Approximately 138 billion SHIB tokens were moved to exchanges, increasing selling pressure.Lucie, the SHIB...

Japan’s Top Banks Launch Yen & Dollar Stablecoins Now

Three major Japanese banks are launching Yen- and Dollar-pegged stablecoins for corporate payments.The stablecoins will use the Progmat Coin platform to serve over 300,000...

OpenSea CEO: Platform Evolving to Trade All Onchain Assets

OpenSea is expanding beyond NFTs to become a platform for trading all types of onchain assets. October trading volume on OpenSea surpassed $2.6...

Global Push to Ban Interest on Stablecoin Holdings Sparks Innovation

Stablecoins worldwide face regulations requiring backing by high-quality assets, regular audits, and bans on interest payments. Despite prohibitions, crypto exchanges offer interest-like rewards,...

Bitcoin Plunges Under $105K, Traders Fear Extended Crash Now

Bitcoin fell below $105,000 and moved toward $100,000 after a sharp sell-off.The combined crypto market lost about $600 billion in little more than a...

Latest news

Fed proposes stablecoin capital rules under GENIUS Act

The Federal Reserve proposed capital charges, redemption timelines, and reserve reporting rules for stablecoin issuers under the GENIUS Act.Issuers...

Suit: OpenAI let contractors read ChatGPT chats sans consent

Two California ChatGPT users filed a proposed class action against OpenAI this month in the U.S. District Court for...

Revolut hit by second data breach in September

UK bank Revolut disclosed a second customer data breach this month after former broker DriveWealth suffered a social engineering...

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