The LayerZero Foundation has proposed a US$110 million acquisition of Stargate Bridge which would see the bridge’s STG token discontinued and its DAO dissolved entirely. If passed by a vote of STG token holders, the deal would see governance of Stargate Bridge moved into the hands of the LayerZero Foundation,Continue Reading
Bo Hines has resigned as the Executive Director of the White House Crypto Council to return to the private sector. During his tenure, he proposed a “budget-neutral” strategy to acquire Bitcoin for a national reserve by revaluing government gold holdings and selling a portion of them. Patrick Witt, who hasContinue Reading
The Russian cybercrime group GreedyBear has stolen over US$1 million in crypto in just five weeks. The group achieved this by creating over 150 malicious Firefox extensions that impersonate popular crypto wallets like MetaMask and TronLink. According to security firm Koi Security, this campaign represents a new, “industrial scale” ofContinue Reading
Ethereum (ETH) is leading a new altcoin season, with its price surging almost 50% in the last month to trade at around US$4,271. The rally is fueled by strong institutional interest, with Ethereum ETFs accumulating US$8.7 billion in inflows over the past year. Analysts believe this could be the startContinue Reading
Ripple and SEC mutually dismiss appeals, officially ending the long-running XRP lawsuit. Judge Torres’ mixed 2023 ruling remains as the final, unchallenged judgment. Each party agrees to pay its own legal costs in the final court filing. Ripple Labs and the US Securities and Exchange Commission (SEC) have formally endedContinue Reading
Parataxis Holdings will go public and acquire South Korea’s Bridge Biotherapeutics, rebranding it as Parataxis Korea to establish a direct presence in the Korean market. The company plans to build a US$640 million Bitcoin treasury, positioning itself as a major institutional BTC holder targeting both US and Korean investors. TrumpContinue Reading
Last week’s US Federal Reserve meeting caught markets off guard – so what will this mean going forward? Incoming inflation and retail data may change current expectations on future rate cuts. Markets from Wall Street to crypto have slipped into a tense holding pattern, with many major digital currencies fallingContinue Reading
With enhanced returns and yield exposure, Ethereum-focused corporates are taking the lead over spot ETFs. Standard Chartered projects further growth in ETH treasury participation. ETH currently trades at US$3,652 (AU$5,597), with a US$4,000 (AU$6,128) year-end target. Standard Chartered believes Ethereum treasury firms are outperforming US spot ETFs by providing superiorContinue Reading
Ripple has announced it is acquiring the stablecoin-powered business-to-business payments processing company, Rail, for US$200 million. The deal, which is expected to be completed in Q4 2025, will see Ripple become a “one stop shop” for digital assets payments and custody. The acquisition comes just weeks after Donald Trump signedContinue Reading
A dormant Bitcoin whale has moved 3,000 BTC, worth over US$349 million, after the coins were untouched for a decade. The coins were transferred from 30 legacy addresses into new wallets, with the identity of the owner remaining unknown. This recent activity is part of a trend of large, long-dormantContinue Reading
