Sonic Labs Strengthens S Token Liquidity Through GSR Alliance
Sonic Labs has selected GSR, a veteran crypto market maker, to help supercharge the liquidity of its S token and broader DeFi stack. The firm made the announcement on May 22, emphasizing that this partnership will drive sustainable growth across…
The Graph Activates Cross-Chain Transfers for GRT via Chainlink CCIP
The Graph, a leading decentralized data indexing protocol, has officially integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP), enabling seamless cross-chain transfers of its native token, GRT. This advancement marks a pivotal step in expanding The Graph’s multi-chain functionality and GRT’s usability…
Robinhood Urges SEC to Approve Blockchain-Based Securities Trading Platform
With tokenized real-world assets (RWAs) poised to reshape financial markets, Robinhood has officially petitioned the U.S. Securities and Exchange Commission (SEC) to establish a national framework for digital asset trading. The company’s 42-page proposal, revealed by Forbes on May 20,…
Russia’s Darknet Market ‘Kraken’ Defies Global Decline, Crypto Sales Surge 68%
A new report from Chainalysis has revealed a 15% drop in global cryptocurrency sales across darknet markets in 2024, with Bitcoin transactions bringing in just over $2 billion. Fraud shops dealing in counterfeit goods accounted for $225 million in inflows….
Crypto Pullback Deepens as Profit-Taking Sets In – Bitcoin Holds $102K, Institutions Stay Bullish
Crypto markets faced a notable correction on May 15, 2025, with prices sliding across the board. Total market capitalization fell to $3.4 trillion, down 4.4% from the previous day, while daily trading volume held steady at $119 billion. Bitcoin dipped…
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…
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…
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…