Month: May 2025

Ethereum to simplify crosschain transactions with new token standards

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Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps), block explorers and smart contracts follow different rules. “The result? A messy, inconsistent experience that breaks cross-chain UX,“ Wonderland stated. Wonderland is a group of developers, researchers and data scientists focused on improving the Ethereum DeFi ecosystem. The organization partnered with…

Best Altcoins on Solana to Explode as Investor Interest in $SOL ETF Skyrockets

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to Bloomberg Intelligence, the likelihood of US regulators approving a Solana ETF (exchange-traded fund) is now a whopping 90%. This is particularly noteworthy because the company’s odds for a $SOL ETF were just 70% back…

KiloEx Hack: Binance Helped Recover $6.1 Million In Lost Funds

Key Notes Binance exchange’s security team joined a few others to investigate and track the $7.5 million fund. The attacker executed a series of transactions on Base, BNB Chain, and Taiko networks which were tracked. KiloEx gave the hacker a 10% bounty, but Binance’s recovery nullifies it. Under the leadership of CEO Richard Teng, Binance has played an important role in recovering stolen funds from the KiloEx hack. The exchange successfully recovered over $6.1 million in cryptocurrencies after the decentralized exchange (DEX) suffered an attack that resulted in the loss…

Stablecoin to Back $2B MGX Binance Deal

Key Notes MGX will invest $2 billion in Binance using World Liberty’s USD1 stablecoin. Eric Trump announced the investment during Token2049 Dubai. USD1 stablecoin will also be available on the Tron blockchain. MGX, a UAE-based investment firm, will use World Liberty Financial’s stablecoin, USD1, to finalize its $2 billion commitment to Binance, a prominent crypto platform. According to Eric Trump, USD1, which is linked to US President Donald Trump, will serve as the official stablecoin for this substantial investment in Binance. Eric Trump, the son of Donald J. Trump and…

50% Of Tokens Have Failed In the Past 5 years

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A recent report revealed that over 50% of all crypto tokens have failed in the past five years, with a significant decrease in token survivability over the past year.…

Mesh Brings Crypto Payments to Apple Pay

Key Notes Mesh will work with Apple Pay to allow crypto payments. Merchants receive stablecoin payouts without needing to set up crypto infrastructure. The feature will be available to online and traditional merchants by Q2 2025. Mesh, a crypto payments firm, plans to integrate with Apple Pay, enabling shoppers to purchase products using cryptocurrencies, while merchants receive payments in stablecoins. During the ongoing Token2049 Dubai event, Mesh CEO Bam Azizi revealed that the firm will be integrated into Apple Pay. This new feature will allow merchants using Mesh to accept…

The $12,000 vs $300,000 Bitcoin — why where you mine matters more than ever

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Does the Bitcoin halving hit all miners equally? As power costs diverge globally, can high-cost countries stay in the game? And what happens if mining concentrates too far in too few hands? One coin, many realities A Bitcoin (BTC) is always worth the same on paper. Whether it is mined in Nigeria or Norway, it holds the same market value. But the cost, effort, and practicality of mining that coin vary dramatically depending on location. According to data compiled by NFT Evening, the cost to mine one Bitcoin now ranges…

Metaplanet to launch U.S. arm and raise $250M for BTC purchase

Metaplanet is doubling down on Bitcoin with a planned expansion into the U.S., aiming to raise $250 million and position itself as a global force in corporate Bitcoin adoption. In a May 1 post on X, Metaplanet CEO Simon Gerovich revealed that the company will establish a wholly owned subsidiary, Metaplanet Treasury Corp., in Florida, as part of its global expansion strategy. Gerovich noted that this move will accelerate the firm’s Bitcoin (BTC) treasury plans and expand access to U.S. capital markets. “Florida is rapidly emerging as a global hub…

Real-world assets do not need institutions yet, Plume CEO says

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Amid the intensifying global race to tokenize real-world assets, the market is still too nascent for institutional adoption, according to Chris Yin, the co-founder and CEO of Galaxy-backed RWA platform Plume. Institutional capital is yet to enter the RWA market, and it will take some time for institutions to see its value, Yin told Cointelegraph on the sidelines of Token2049 in Dubai. “These things move incredibly slowly, you have to show value, you have to show adoption first,” Yin said, comparing RWA’s currently developing stages with the early days of…

Bitcoin Price Watch: Bulls Eye $97K as Momentum Builds

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Bitcoin hovered between $95,977 to $96,169 over the last hour with a market capitalization of $1.90 trillion and a 24-hour trading volume of $29.88 billion. Trading occurred within a tight intraday range between $93,333 and $96,244, as the market showed signs of both upward momentum and cautious consolidation. Bitcoin The daily chart indicates a strong […] Original