Former Binance Legal Lead Joins Quantoz to Bolster MiCA-Ready Stablecoin Strategy
Dutch fintech innovator Quantoz Payments B.V. has appointed Arjen Van Klaarbergen, a former Binance legal executive, as its new General Counsel, marking a significant move to reinforce its regulatory capabilities ahead of sweeping changes under the EU’s Markets in Crypto-Assets…
Texas Set to Make History with State-Backed Bitcoin Reserve
Texas is on the cusp of becoming the first major U.S. economy to actively hold Bitcoin as part of its state reserves, following the passage of the Strategic Bitcoin Reserve and Investment Act (SB 21) in the House of Representatives….
TRON’s USDT Transaction Surge: A Strategic Shift in Crypto Payments Landscape
TRON’s emergence as the go-to blockchain for stablecoin transactions has fundamentally reshaped the crypto payments sector, positioning the network as a key player in high-frequency, low-cost transactions. According to the latest CryptoQuant report, TRON processed $23.4 billion in daily USDT…
Cardano Audit Probes $600M ADA Transfer Amid Allegations of Misappropriation
The Cardano Foundation is set to release an audit report addressing allegations that founder Charles Hoskinson misappropriated over $600 million worth of ADA tokens during the 2021 Allegra hard fork. The controversy involves a 318 million ADA transfer, valued at…
AlAbraaj Restaurants Embraces Bitcoin Treasury Strategy, Eyes Role as Middle East’s Strategy
AlAbraaj Restaurants Group, a publicly traded company on the Bahrain Bourse with a market cap of $24.2 million, has formally announced its entry into the world of Bitcoin treasury management. The company has partnered with 10X Capital, a U.S.-based investment…
$27 Billion Laundering Empire Busted – Telegram, Crypto Marketplaces Under Fire as Haowang Guarantee Falls
Telegram’s crackdown on the $27 billion Haowang Guarantee platform has shone a spotlight on the dark underbelly of the crypto world, where criminal networks thrive through encrypted channels and anonymous transactions. On May 13, the platform—labeled the world’s largest illicit…
New Consensus Models Tackle Security Risks as PoW and PoS Struggle to Adapt by 2032
As the crypto landscape matures, the underlying consensus mechanisms that power blockchains are facing increasing scrutiny. Proof-of-Work (PoW) and Proof-of-Stake (PoS), the two dominant mechanisms, are now seen as potential liabilities, with emerging concerns about security, scalability, and economic viability….
Flare Introduces FAssets, Bringing XRP to DeFi Without Custody Risks
In a strategic move to expand XRP’s reach into decentralized finance, Flare (FLARE) has launched its FAssets protocol on Songbird, introducing a new way for XRP holders to access DeFi services without the vulnerabilities of conventional cross-chain bridges. The rollout,…
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…