South Korea’s Stablecoin Boom Reaches $19 Billion Amidst Crypto Outflows and Regulatory Gaps
South Korea’s cryptocurrency market has experienced a massive surge in stablecoin transactions, with top exchanges Upbit, Bithumb, Coinone, Korbit, and Gopax transferring approximately 56.8 trillion won ($40.4 billion) worth of digital assets overseas during the first quarter of 2025. Notably,…
BITE Protocol Launches on SKALE to Curb $1.8 Billion MEV Losses, Enhancing Blockchain Fairness
In a strategic move to combat Maximal Extractable Value (MEV) exploitation, SKALE Labs has rolled out its BITE Protocol, a consensus-level encryption solution designed to safeguard blockchain transactions from front-running and other malicious practices. MEV, estimated to cost DeFi users…
SPACE ID and Floki Unveil Web3 Identity Hub with On-Chain Resumes and Verified Profiles
In a significant step towards enhancing digital identity within Web3, SPACE ID has partnered with Floki to launch the Floki Hub, a decentralized identity platform powered by the $FLOKI token and the Floki Name Service. Unveiled on May 8, the…
Bitcoin Soars Beyond $100K Amid Trump’s UK Trade Deal – Is the Rally Here to Stay?
Bitcoin surged past the $100,000 milestone on Thursday, fueled by optimism surrounding President Donald Trump’s newly announced trade deal with the UK. The agreement, dubbed a “maxed-out deal” by Trump, is being positioned as a pivotal move to restore global…
Robinhood Sets Sights on Tokenized U.S. Stocks for European Investors, Eyes Blockchain Integration
Robinhood Markets Inc. is preparing to launch a blockchain-based platform that would allow European investors to trade tokenized U.S. securities, according to a report by Bloomberg. The initiative, still in its preliminary stages, could involve partnerships with prominent blockchain networks…
MoonPay Integrates TRON, Expanding U.S. Access to TRX Amid Payment Network Growth
MoonPay, a prominent fiat-to-crypto platform, has added TRON (TRX) to its roster of supported assets, granting U.S. users the ability to purchase TRX and engage with TRON’s expanding ecosystem. The collaboration, officially announced by TRON DAO on May 7, is…
PayPal-Backed Magic Labs Debuts Newton, AI Agent for Crypto Automation on Base
Magic Labs, a prominent wallet infrastructure provider supported by PayPal Ventures, has launched Magic Newton, an AI-enabled agent platform aimed at simplifying crypto management and enhancing asset automation. The Genesis launch, now live on Coinbase’s Layer-2 Base blockchain, seeks to…
Blockchain Gamification Drives User Growth as DePIN Sector Surges to $18.9 Billion
As blockchain networks evolve and competition for user engagement intensifies, gamification is emerging as a powerful tool to attract and retain users. With 171 Layer-1 (L1) networks currently listed on Coinranking, standing out in the crowded market requires more than…
IOTA’s Swirl Unveiled – A New Era of Liquid Staking and DeFi Utility
IOTA has launched Swirl, a groundbreaking liquid staking protocol designed to bridge the gap between staking rewards and asset liquidity. The independent ecosystem project on the IOTA mainnet introduces stIOTA tokens, allowing users to earn staking rewards while retaining the…
Dogecoin Price Primed for Major Rally as Diamond Bottom Pattern Takes Shape
Dogecoin (DOGE) is attracting the attention of traders as a rare diamond bottom reversal pattern forms on the charts, suggesting that the meme coin could be gearing up for a significant breakout. Trader Tardigrade, a well-known analyst, highlighted the pattern…