FTSE Russell partners with SonarX to launch a new crypto index

FTSE Russell partners with SonarX to launch a new crypto index

FTSE Russell, one of the world’s leading index providers, has formed a strategic partnership with blockchain data infrastructure company SonarX to create a new crypto index. This collaboration aims to enhance FTSE Russell’s offerings by integrating blockchain data from over 100 different blockchains into their financial indexes. The data included will cover various metrics such […]

Binance is under investigation in France for tax fraud and other charges

Binance is under investigation in France for tax fraud and other charges

Binance, the world’s largest cryptocurrency exchange, is facing a second investigation in France. This new legal probe, which was officially opened on January 28, 2025, is related to a range of alleged criminal activities, including tax fraud, money laundering, drug trafficking, and other possible undisclosed charges. French prosecutors are examining the platform’s operations, and it […]

Ondo Finance plans to expand its tokenized fund, OUSG, to the XRP Ledger

Ondo Finance plans to expand its tokenized fund, OUSG, to the XRP Ledger

Ondo Finance, a decentralized finance (DeFi) platform backed by Founders Fund and Pantera Capital, has announced plans to expand its tokenized U.S. Treasuries fund, the Ondo Short-Term U.S. Government Treasuries Fund (OUSG), to Ripple’s XRP Ledger (XRPL). The move, slated to go live within the next six months, will see Ondo collaborate with Ripple, the […]

Erik Voorhees-backed AI startup Venice debuts its VVV crypto token on Base

Erik Voorhees-backed AI startup Venice debuts its VVV crypto token on Base

AI startup Venice, backed by ShapeShift founder Erik Voorhees, has made its debut into the Web3 space with the launch of its VVV cryptocurrency on Coinbase’s Base layer-2 network. Venice, known for its AI-driven offerings, aims to enhance accessibility to its services by enabling AI agents to stake VVV tokens for continuous access to its […]

Metaplanet Raises $745 Million to Expand Bitcoin Holdings in Bid for Asia’s Largest Crypto Deal

Metaplanet Raises $745 Million to Expand Bitcoin Holdings in Bid for Asia’s Largest Crypto Deal

In a bold move to solidify its position as a global leader in Bitcoin adoption, Japanese investment firm Metaplanet has announced plans to raise $745 million to significantly expand its Bitcoin holdings. The Tokyo-based public company aims to acquire 21,000 BTC by 2026, marking one of the largest corporate Bitcoin accumulation efforts in Asia to […]

HIVE Acquires Major Power Station in $56 Million Deal to Boost Bitcoin Mining Operations

HIVE Acquires Major Power Station in $56 Million Deal to Boost Bitcoin Mining Operations

In a strategic move to expand its Bitcoin mining capabilities, HIVE Blockchain Technologies has announced a $56 million acquisition of a large power station and its associated infrastructure. The deal underscores HIVE’s commitment to scaling its operations and achieving its ambitious goal of controlling 3% of the global Bitcoin mining network. According to the press […]

Starknet announces that STRK staking v2 is set to launch in Q2

Starknet announces that STRK staking v2 is set to launch in Q2

Starknet has announced a major update regarding the second phase of staking for its native token, STRK. The Ethereum layer-2 scaling solution revealed that the next phase, STRK Staking v2, is scheduled to go live as early as the second quarter of 2025. This comes after the successful rollout of Phase 1 of staking, which […]

TON plans to launch a layer-2 payment network to enhance scalability and transaction efficiency

TON plans to launch a layer-2 payment network to enhance scalability and transaction efficiency

TON (The Open Network) is making significant strides in scaling its blockchain with the launch of a Layer-2 Payment Network, which is set to be one of the key developments in its 2025 roadmap. This move aims to enhance TON’s transaction capabilities, supporting instant money transfers with minimal fees and seamless asset swaps. According to […]

Pudgy Penguins’ parent company launches the Abstract blockchain

Pudgy Penguins' parent company launches the Abstract blockchain

Igloo Inc., the parent company of Pudgy Penguins, has officially launched Abstract Chain, an Ethereum layer-2 blockchain designed to simplify access to Web3 applications. The platform leverages ZKsync’s ZK Stack technology, which enables faster transactions and lower fees while maintaining scalability and security. This development aims to bridge the gap between Web2 and Web3, making […]

XRP price forms a doji candle, signaling a potential rally to $12 after the recent crash

XRP price forms a doji candle, signaling a potential rally to $12 after the recent crash

XRP has been experiencing significant volatility, with its price recently diving to a 12-day low of $2.65 amid a broader cryptocurrency sell-off. This drop marked a 21% decline from its highest price this month, reducing its market capitalization to $173 billion. Despite this slump, technical analysis signals that XRP may be poised for a potential […]