Trump Wallet scandal: Is Magic Eden really involved or just dragged in?
Magic Eden publicly promoted the Trump Wallet, but conflicting claims and legal fallout raise questions about how clearly the partnership was understood. Go to Source
Blockchain
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Bitcoin Core Reinforces Stance on Nonfinancial Transactions in Recent Statement
Bitcoin Core, the leading Bitcoin node software implementation, has published a statement on its policy regarding nonfinancial transactions. Over 30 collaborators signed the document, which highlights that, as a censorship-resistant system, “Bitcoin can and will be used for use cases not everyone agrees on.” Bitcoin Core Issues Final Statement on Nonfinancial Transactions Bitcoin Core, the … Read more
Former Cardano COO Warns Against National Bias in US Crypto Reserve Strategy
The U.S. digital asset stockpile debate often leans toward prioritizing domestically developed cryptocurrencies, but Jerry Fragiskatos, former Cardano executive, cautions against this limited perspective. COO Warns Against Geographically Narrow Focus The discussion surrounding the United States’ digital asset stockpile often gravitates toward a natural instinct: favoring cryptocurrencies developed within its own borders. However, as Jerry … Read more
First USDT Stablechain Unveiled: Stable Comes out of Stealth
Stable has revealed it is working on a blockchain where USDT, Tether’s signature stablecoin, is the native option for paying transaction fees. In addition, peer-to-peer transactions will be free to incentivize onchain exchanges for users in emerging markets. Stable Reveals New Layer 1, USDT-Native Blockchain Initiative As stablecoins become increasingly relevant, more structures are using … Read more
Blackrock’s Tokenized Money Market Fund BUIDL Tops $10M in May Dividends
BUIDL paid more than $10 million in dividends in May, marking its highest monthly payout to date. BUIDL Tops $43.4M in Dividends Since Launch BUIDL, or the Blackrock USD Institutional Digital Liquidity Fund, is an asset manager’s first tokenized money market fund, created in partnership with Securitize. The fund brings traditional money market exposure—U.S. Treasury … Read more
Blockchain Firm Veraviews Launches Fraud-Focused UAE Ad Exchange
Blockchain-powered advertising firm Veraviews has launched the UAE’s first domestically developed advertising exchange and supply-side platform. Veraviews SSP Targets UAE Ad Transparency The Dubai-based blockchain company Veraviews introduced the Ad Exchange and SSP under the United Arab Emirates (UAE) Ministry of Economy’s NextgenFDI initiative. The platform connects advertisers directly with UAE publishers to sell digital … Read more
Tether Brings Gold-Backed Omnichain Token XAUt0 to TON Blockchain
Tether has launched XAUt0, an omnichain version of its gold-backed token, on the TON blockchain. This strategic move enhances gold token mobility across blockchains and strengthens TON’s ecosystem amid surging demand for digital commodities. Tether Brings Gold-Backed Stablecoin to Telegram’s Blockchain Tether has rolled out XAUt0, an omnichain gold-backed stablecoin, on The Open Network (TON), … Read more
NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche
Based on the most recent figures, non-fungible tokens (NFTs) generated approximately $474 million in sales throughout May, marking a 21.25% decline compared to April’s total. NFT Market Declines in May NFT sales maintained their downward trajectory in May, with monthly figures falling short by $127.9 million compared to the prior month. Although the number of … Read more
An Orb by Delivery: World Launches at-Home Iris Scanning in Argentina
World, the proof of personhood and wallet platform, will allow users in Argentina to request a domiciliary iris scan for verification. This new feature is currently available only in the capital but will be extended nationwide. World Starts Rolling out Domiciliary Iris Scans in Argentina World is executing measures to ease access to its verification … Read more
Ethereum Researcher: Bitcoin Security Budget a ‘Ticking Time Bomb’
Justin Drake, an Ethereum Foundation researcher, claims that the security model of the Bitcoin network is broken, as transaction fees have failed to reach a significant fraction of the total network earnings, including the block subsidy. Bitcoin Security Model at Risk, Proof-of-Work Not Sustainable, Says Ethereum Researcher The security budget of the Bitcoin network is … Read more