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Decentralized exchange (DEX) aggregator 1inch has launched on Solana, marking a significant step toward its vision of a “unified multichain” decentralized finance (DeFi) ecosystem. According to a press release shared with Cointelegraph, the integration enables users to trade over 1 million Solana-based tokens directly through the 1inch decentralized application (DApp), benefiting from maximal extractable value-protected … Read more
A new private membership club in Washington, D.C., called Executive Branch, co-founded by Donald Trump Jr., is making headlines with its $500,000 membership fee and an existing waiting list. The club, which held a launch party over the weekend, attracted prominent figures including crypto czar David Sacks, Gemini exchange founders Tyler and Cameron Winklevoss, and … Read more
The concept of a Russian ruble stablecoin received special attention at a major local crypto event, the Blockchain Forum in Moscow, with key industry executives reflecting on some of the core features a ruble-backed stablecoin might require. Sergey Mendeleev, founder of the digital settlement exchange Exved and inactive founder of the sanctioned Garantex exchange, put … Read more
In a truly surprising development over a year after the Bitrue crypto exchange hack, analysts of blockchain technology have seen the stolen funds moving around. The funds—stolen from the crypto exchange Bitrue in April 2023—are supposedly worth in the neighborhood of $23 million. They had largely lain dormant in the hackers’ wallets but are now … Read more
The 1inch Investment Fund has initiated a capital reallocation—this time relocating from Bitcoin-backed assets into 1INCH tokens. When it comes to what this might mean, there seem to be two potentially significant takeaways: 1. The fund might believe 1INCH is undervalued. 2. If the fund otherwise believes in the value of WBTC, this capital reallocation … Read more
Tether has extended its foothold in the stablecoin space, this time on the Tron blockchain. The stablecoin issuer has added another $1 billion worth of USDT on the Tron network, ramping up Tether’s AUM on the blockchain to an all-time high of $71.7 billion. USDT on Tron now constitutes nearly half of the total Tether … Read more
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 recently approved XRP ETF might be the starting point for a larger participation of Ripple in Latin America. Latam Insights Encore: XRP ETF Gives Ripple the First Regulated Product … Read more
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin. Abu Dhabi’s sovereign wealth fund ADQ, the United Arab Emirates’ largest bank, First Abu Dhabi Bank (FAB), and the massive conglomerate the International Holding Company, have partnered to launch the stablecoin, pending regulatory … Read more
Researchers at the University of Zurich have been accused of undertaking an unauthorized four-month-long experiment on a Reddit board using artificial intelligence-generated comments to test whether AI could alter people’s opinions. As part of the experiment, AI-powered accounts faked a variety of personas, including a rape victim, a person opposed to specific social movements and … Read more
Messika, the Parisian fine jewelry brand, now accepts cryptocurrency payments across its boutiques and online store, embracing bitcoin, ether, USDT, and solana through a seamless integration with Lunu. Messika Now Accepts Bitcoin and Other Cryptocurrencies Worldwide Paris-based fine jewelry house Messika has taken a major step into the future of luxury retail, announcing it now … Read more
