Griffin AI’s token GAIN collapsed more than 90% within 24 hours of its launch after an attacker minted 5 billion tokens through a cross-chain exploit, wiping out millions in market value. Summary Griffin AI price plunged 90% within 24 hours of launch. Exploiter minted 5B GAIN tokens using a fake LayerZero peer. Exploit questions raise…
Australia has unveiled draft legislation that would require digital asset platforms to obtain licenses, with penalties of up to 10% of annual turnover for breaches. Summary Draft bill requires crypto platforms to hold AFSL licenses Penalties could reach 10% of annual turnover or A$16.5M Rules extend to custody and trading services, excluding decentralized tokens Australia…
Jiuzi Holdings is planning to deploy a billion-dollar corporate treasury mandate into a trio of digital assets, a move guided by new COO Dr. Doug Buerger that positions crypto as a core strategic reserve. Summary Jiuzi Holdings approved a $1 billion crypto treasury plan focused on Bitcoin, Ethereum, and BNB. The move follows the appointment…
Crypto is racing to Wall Street as Solana and XRP ETFs are widely expected to hit the market as soon as October. Summary Following newly shortened SEC approval timelines, financial firms including Canary Capital and VanEck are updating filings to launch the first altcoin ETFs. The accelerated regulatory process reportedly reduces the review from 270…
The AVAX price has formed a rare golden cross pattern, indicating further gains as the number of transactions on Avalanche increases. Summary Avalanche (AVAX) has surged to $36.61, its highest since January, fueled by rapid network growth and expanding adoption. Transaction volume jumped 226% this month, active addresses climbed 20%, and fees rose 86%, while…
The Pi Network price is hovering near its all-time low as sentiment in the crypto market deteriorates and inflows into the Valor Pi exchange-traded product wane. Summary Pi Network price is hovering near its all-time low. The Valor Pi Fund has attracted just $3,400 in a month. One mystery whale has continued to accumulate Pi…
Dogecoin price crashed to a crucial support level this week as the crypto market plunged. Its technicals, upcoming exchange-traded funds approval, and the ongoing DOJE ETF inflows point to a 25% jump. Summary Dogecoin dipped this week alongside the broader crypto market, but fresh momentum may be building. The newly launched REX-Osprey DOGE ETF has…
Canton Network has integrated with Chainlink, tapping into the oracle platform’s solutions to accelerate institutional adoption. Summary Canton Network has integrated Chainlink to leverage solutions like Data Streams and Cross-Chain Interoperability Protocol to accelerate adoption. The strategic partnership also sees Chainlink Labs join Canton Network as a super validator. Chainlink’s total value secured recently hit…
Solana price is holding a critical support zone where the 21 EMA, value area high, and high-volume levels converge. Price action suggests a potential bullish reversal if buying inflows sustain. Summary Solana is holding $197 support in confluence with the value area high and 21 EMA. Bullish trend intact with higher highs and higher lows continuing. Next major resistance…
It finally pays to be in DeFi, and that’s great | Opinion
