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Bybit Slashes Web3 Services Amid Strategic Product Refocus

Bybit is discontinuing multiple Web3 services, including its Cloud Wallet, Keyless Wallet, and DEX Pro by May 31, 2025.Several additional services will be shut...

Russia Mulls Stablecoin for Trade as Tether Freezes Funds

Russia's Finance Ministry official proposes creating a national stablecoin for international trade amid sanctions.Russia seeks alternatives after Tether froze $28.5 million linked to sanctioned...

Cardano Speeds Up: Ouroboros Peras to Slash Settlement Times

Cardano's Ouroboros Peras update will reduce transaction settlement times to approximately two minutes.The upgrade introduces a voting-based chain selection process and certificate system for...

Base Token Crashes 88% Minutes After Surprise Proprietary Launch

Base Blockchain's surprise launch of a memecoin called "BASEISFOREVERYONE" crashed 88% within two minutes, then plummeted further by 94%.Coinbase and Base executives previously stated...

Bitcoin Miner Auradine Raises $153M to Expand into AI Data Centers

Bitcoin mining equipment maker Auradine secures $153 million in Series C funding, bringing its total investment to $300 million.The company launches AuraLinks AI, a...

Russia Mulls Own Stablecoin After Tether Freezes Garantex Wallets

Russian finance ministry official calls for development of domestic stablecoin following Tether's freezing of $27 million linked to sanctioned exchange Garantex.US Department of Justice...

Bhutan explores green cryptocurrency mining with hydropower to boost GDP

Bhutan plans to leverage its hydropower resources to develop green cryptocurrency, aiming to boost its economy and reduce youth emigration.The country's sovereign wealth fund...

A16z Urges SEC to Overhaul Digital Asset Safeguarding for Advisers

Andreessen Horowitz (a16z) has formally requested the SEC to overhaul digital asset custodial rules for registered investment advisers.The firm proposes that RIAs should be...

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Microsoft’s Edge Store Hit by Stealthy “StegoAd” Malware

Microsoft shut down a large-scale malicious extension campaign on its Edge Add-ons store, dubbed StegoAd, which had up to...

Wells Fargo Cuts Nvidia Target But Keeps Buy Rating

Wells Fargo's Aaron Rakers reduced NVIDIA's price target from $375 to $315 but maintains a "buy" rating.The AI stock...

Aave Could Outrun Bitcoin, Gain 50x By 2030: Analyst

Bitcoin has fallen over 50% from its October all-time high as a major crypto “Ponzi scheme” nears collapse, according...

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