Worldcoin Rival Humanity Protocol Debuts $1.1B Mainnet for Privacy-First Web2 to Web3 Identity
Humanity Protocol, a privacy-first blockchain identity network and high-profile rival to Sam Altman’s Worldcoin, fired up its mainnet, debuting a system that connects familiar Web2 credentials to decentralized Web3 services using zero-knowledge transport layer security (zkTLS). The introduction comes just months after the Hong Kong-based startup raised $20 million in a funding round co-led by […]
Bitcoin Energy Value metric says 'fair' BTC price is as much as $167K
Bitcoin is 31% undervalued vs its energy-based “fair” price, analysis calculates, as hash rate beats records.
Pharos Network Teams Up With Morpho, Launching Native RWA Lending Infrastructure
The alliance of two relatively recent entrants into the crypto space enables them to tap into the steadily developing real-world asset market. A Vision Of Growth In a press release shared with CryptoPotato, Pharos Network, a Layer-1 (L1) blockchain focused on real-world asset finance (RWAfi), has joined forces with Morpho, a lending network with over $9 […]
ETH Treasuries Surge to $12B as Vitalik Warns of Leverage Risks
Public companies now hold nearly $12B in ETH, signaling growing institutional interest. Vitalik Buterin warns that overleveraged ETH treasuries may risk future collapse. ETH treasuries offer access to Ethereum but must grow without risking price instability. Ethereum, which has garnered attention over the last few months due to its unexpected surge, is still on the […]
Standard Chartered Launches Stablecoin Venture in Hong Kong
Standard Chartered, Animoca, and HKT seek HK stablecoin license under new regime. Limited licenses may give early entrants big sway in HK’s stablecoin market rules. Anchorpoint plans to merge Web3, banking, and payments via the HKD-backed stablecoin. Standard Chartered Bank (Hong Kong) has formed a joint venture with Animoca Brands and HKT to apply for […]
Crypto Set For $1.25 Trillion Tsunami As Trump Opens 401(k) Floodgates
On Thursday, the decades-old wall separating US retirement accounts from direct crypto exposure came down — and the potential capital inflow is staggering. President Donald Trump signed an executive order that will open 401(k) retirement plans to a broader range of alternative assets, including private equity, real estate, and — for the first time — […]
Animoca Brands and Standard Chartered Establish Stablecoin Issuer in Hong Kong
Major Web3 investor Animoca Brands has formed a stablecoin joint venture (JV) with the Hong Kong division of multinational bank Standard Chartered (2888). The JV, known as Anchorpoint, also includes Hong Kong Telecom (HKT) and aims to build a business model for the issuance of licensed stablecoins, according to an emailed announcement on Friday. Anchorpoint […]
Spanish Bank BBVA Said to Offer Off-Exchange Custody to Binance Customers: FT
Binance, the largest cryptocurrency exchange by volume traded, enlisted Spain’s third-largest bank, BBVA, to provide custody services as it looks to improve protection for customers by isolating their assets from any disruption that might occur to the trading platform, the Financial Times reported. The custody arrangement separates trading activities from the funds backing the transactions […]
Pump.fun Creates Liquidity Arm to Back Memecoins Amid Revenue Slump
Solana memecoin launchpad Pump.fun has created the Glass Full Foundation, an initiative aimed at providing liquidity to selected projects in its ecosystem as platform revenues slide from early-year highs. The group said GFF will “inject significant liquidity into ecosystem tokens to support our most diehard cults,” without disclosing the source of funds or the selection […]
Bitcoin Miners Weather the Storm: No Capitulation in Sight at 7.4% Price Surge
Bitcoin (BTC) miners appear to be holding firm despite renewed concerns over sell-offs and liquidity crunches on Binance. The percentage price change since the last mining difficulty bottom has climbed to +7.4%, showing that the market has pulled out of stress territory and that forced sales from miners are not currently weighing on prices. This […]
SEC and Ripple Conclude Legal Battle After Mutual Decision to Drop Appeals
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have officially settled the dispute that lasted almost 5 years. The two filed a joint motion to the Second Circuit Court of Appeals asking for the dismissal of their respective appeals, ending a case that had started at the end of 2020 about the the […]
Ethereum’s Ether Treasury Surge: Vitalik Cautions Against Overleverage
Ethereum co-founder Vitalik Buterin has expressed his support of Ether treasury companies, however cautiously. During his interview with the Bankless podcast, Buterin accepted the advantages of these companies having Ether, but at the same time cautioned against the potential consequences of such overleverage. According to Buterin, it is worthwhile that public companies purchase and hold