Dune has launched Sim, a multichain, real-time developer platform offering scalable APIs for onchain applications, starting with wallet data integration across 60+ blockchains. From Dashboards to APIs: Dune’s Sim Aims to Streamline Onchain Development Dune, a leading blockchain data platform, announced the full launch of Sim, its multichain developer platform designed to provide real-time APIs […] Source CryptoX Portal
Category: CryptoX News
Private Equity Giant Apollo Global Private Credit Fund Set for Tokenization on Solana (SOL)
A tokenized version of a major private credit fund managed by Apollo will arrive on Solana’s decentralized finance (DeFi) ecosystem, bringing traditional financial instruments closer to the fast-growing network. The launch, orchestrated by lending platform Kamino Finance with support from tokenization specialist Securitize and DeFi risk advisor Steakhouse Financial, aims to make the Apollo’s Diversified Credit Securitize Fund (ACRED) token the first of its kind to be available for on-chain borrowing and leverage on Solana. The token’s debut is pending on completing an audit, Kamino said. The ACRED token, launched…
Genesis Files Suits Against DCG to Recover Billions Worth of Allegedly Fraudulent Transfers
Crypto lender Genesis and its subsidiaries filed two lawsuits against its parent company, Digital Currency Group (DCG), DCG CEO Barry Silbert and other executives, seeking to recover what it called fraudulent transfers of crypto worth billions of dollars. In total, Genesis and its creditors are seeking $3.2 billion across the two lawsuits. It is seeking to recover $2.2 billion in a suit filed in the Court of Chancery of the State of Delaware and more than $1 billion in a suit at the Bankruptcy Court for the Southern District of…
Solana price rises 3% as bulls eye new momentum
Solana price saw a slight uptick as the cryptocurrency market looked to hold onto recent gains, with the altcoin consolidating within a key range. The price of Solana (SOL) rose more than 3% in the 24-hours, up from a 6% dump the previous day. Latest gains during early trading during the U.S. session on May 20, 2025, come as Solana-focused research and development firm Anza unveiled a major consensus protocol change. While SOL signalled the potential for a bearish flip when price broke below the $170 level, buyers have held…
Bitget Wallet Unveils Brand Update, $1M Incentive Campaign
Bitget Wallet has introduced a new brand identity and launched a $1 million campaign aimed at encouraging broader use of its crypto wallet services. Bitget Wallet Adds New UI, Campaign Targeting User Engagement The update includes a revised logo and interface changes described as more user-friendly. Bitget Wallet, a non-custodial crypto platform, said it now […] Source CryptoX Portal
KULR Boosts Bitcoin Treasury to 800 BTC
Energy management firm KULR (KULR) has expanded its bitcoin treasury to more than 800 tokens, with the purchase an additional $9 million worth of BTC. The latest acquisition — made at an average price of $103,234 each — brings the total amount KULR has spent on the cryptocurrency to $78 million. This continues the company’s treasury strategy first announced in December last year, under which it committed to holding up to 90% of its surplus cash reserves in bitcoin. The Houston-based firm, which develops energy storage systems for aerospace and…
Crypto.com and Canary Capital Launch Canary CRO Trust for US Investors
Crypto.com has partnered with Canary Capital Group LLC to establish the Canary CRO Trust, a private investment vehicle designed for U.S. investors seeking exposure to CRO, the native token of the Cronos network. This trust aims to track CRO’s market price, providing a straightforward and transparent method for U.S. investors to engage with the Cronos […] Source CryptoX Portal
6.3% Rally Fueled by DeFi Demand and Volume
The cryptocurrency market continues to respond to broader economic factors as Solana demonstrates resilience amid global trade uncertainties. SOL’s price action formed a clear uptrend with higher lows and higher highs, breaking through key resistance levels with institutional-grade volume suggesting accumulation despite a brief 1.35% correction in recent hours. Meanwhile, analysts point to the $166.82 level as a crucial short-term pivot, with potential for significant upward movement if SOL can maintain momentum above $177 resistance. Technical Analysis Highlights SOL climbed from a low of $159.69 to a high of $173.03,…
Jack Dorsey Fights Against Sats, Supports Controversial Changes for Bitcoin
Block co-founder Jack Dorsey has argued for making bitcoin transactions easier to follow and finalize, shedding the name of the smallest bitcoin unit, sats, and referring to them simply as bitcoin. This change, focused on retail, was proposed in BIP 177, presented by bitcoin proponent John Carvalho. Block’s Jack Dorsey Advocates for BIP 177, Shedding […] Source CryptoX Portal
Latam Insights Encore: Meliuz Case Developing—Is There Demand for a Latam-Based Strategy?
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the recent bitcoin purchases by Meliuz, a Brazil-based cashback company, might serve as a thermometer to gauge the real demand for bitcoin corporate treasury companies in Latam. Meliuz Will (Likely) […] Source CryptoX Portal