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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...
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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...
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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...
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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...
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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...
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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...
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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,...
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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...
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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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