DeFi
Stablecoins are poised to become a cornerstone of AI-driven financial automation, offering a seamless payment solution in an increasingly digital economy, according to Sky Protocol (formerly MakerDAO) co-founder Rune Christensen. AI and Blockchain: A Transformative Convergence Christensen highlights the integration of AI agents and blockchain as a game-changing force in
Finance
Investment banking giant Goldman Sachs has significantly increased its exposure to spot Bitcoin exchange-traded funds (ETFs), boosting its total holdings to $1.5 billion by the end of Q4 2024, according to its latest 13F filing submitted Tuesday. Goldman Sachs Doubles Down on Bitcoin ETFs As of December 31, 2024,
DeFi
Ethereum – Lido, the leading Ethereum staking solution, has announced the upcoming launch of Lido v3, set to go live this summer. The latest upgrade introduces stVaults, a modular smart contract system designed to enhance the flexibility and functionality of Lido’s liquid staking infrastructure. A New Era for Liquid Staking
Blockchain
The Open Network (TON) has officially integrated with LayerZero, a leading interoperability protocol, to facilitate seamless cross-chain asset transfers across more than 100 blockchains. The integration initially supports Ethereum, Tron, Solana, and nine additional networks, marking a significant leap in multi-chain connectivity. Expanding Liquidity and Accessibility By leveraging LayerZero’s
Finance
KULR Technology Group has strengthened its Bitcoin treasury strategy with the acquisition of an additional 100 BTC for approximately $10.4 million. The purchase, made at an average price of $103,905 per Bitcoin, was disclosed in an 8-K filing with the Securities and Exchange Commission on Tuesday. With this
DeFi
In a significant step toward expanding access to tokenized financial products, Plume Network has been selected by Superstate to power its multichain expansion, the companies announced on Tuesday. As part of the collaboration, Plume Network will provide the infrastructure for Superstate’s suite of tokenized investment products. In return, Plume
GameFi
Tokyo-listed mobile game studio Gumi Inc. has announced its plan to purchase Bitcoin worth 1 billion Japanese yen (approximately $6.58 million) as part of its broader strategy to expand into the Web3 space. The company disclosed in a statement on Monday that the acquisition will take place between February
DeFi
Uniswap Labs, the team behind the prominent decentralized exchange Uniswap, has officially launched Unichain, a Layer-2 network designed to improve decentralized finance (DeFi) operations. This release follows the recent introduction of Uniswap’s V4 and aims to provide users with faster transactions and reduced fees. Enhanced Performance and User Experience
Security
A 25-year-old Alabama man, Eric Council Jr., has pleaded guilty to charges related to the January 2024 hack of the U.S. Securities and Exchange Commission's (SEC) X account. The hack resulted in a fake post falsely announcing the approval of spot Bitcoin exchange-traded funds (ETFs), causing a
Markets
Gold prices soared to a new all-time high of $2,902 per ounce on Monday, driven by a combination of factors including sustained central bank buying, global trade uncertainties, and increasing demand for safe-haven assets. The precious metal's strong performance, up 17.5% since the start of the
Markets
Strategy, formerly known as MicroStrategy, is back in the Bitcoin market. After a brief pause, the company resumed its aggressive Bitcoin acquisition strategy, purchasing an additional 7,633 BTC for approximately $742.4 million between February 3 and February 9. This latest purchase brings the company's total Bitcoin
Markets
Despite a turbulent week for cryptocurrency prices, marked by significant drops in Bitcoin, Ether, and memecoins, global crypto investment products saw a surge in net inflows, reaching $1.3 billion. This nearly doubles the previous week's inflows and extends a five-week positive streak, demonstrating continued institutional interest in