Sonic Labs has picked crypto capital markets firm GSR as the official market maker partner for Sonic blockchain’s native token. GSR will help Sonic (S) token gain market traction by delivering deep liquidity and strategic guidance, the Sonic Labs team said in an announcement. As well as becoming the official market maker partner, GSR, a…
FIFA is turning to Avalanche for a purpose-built blockchain to power digital collectibles and future web3 products. The world’s football governing body FIFA is creating its own blockchain on Avalanche, named the FIFA Blockchain, as the latest move in its web3 strategy focused on digital collectibles and fan engagement, starting with hosting its digital collectibles…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The crypto and web3 sectors are notorious for their volatility — a byproduct of the industry’s young age and lack of regulatory oversight. Unlike traditional markets, many of these digital assets are…
Sei Development Foundation has appointed Jamie Finn, a veteran fintech entrepreneur and co-founder of Securitize as a strategic advisor. Sei Development Foundation, a non-profit focused on the development and adoption of Sei (SEI), announced the appointment on May 20, 2025. “Jamie brings a rare combination of institutional credibility, deep technical insight, and hands-on experience building…
Sei Labs, the main contributor to the layer 1 blockchain Sei, has announced the release of the Sei Giga whitepaper that outlines the design of the industry’s first multi-proposer Ethereum Virtual Machine layer 1 blockchain. Sei Giga is Sei (SEI) blockchain network’s new path towards becoming the first multi-proposer Ethereum Virtual Machine L1. According to…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Right now, protocols are stuck: cycling between incentive-driven inflows and inevitable outflows of liquidity as providers chase higher and higher returns. Even with existing bridging and wrapping solutions, because of concerns around…
A little-known crypto token saw sharp volatility today. FIFA surged over 67% in recent days before crashing more than 58% in the past 24 hours, according to CoinMarketCap data. The token, trading under the symbol FIFA and priced at just $0.000000259, briefly drew attention amid speculative rumors that it was linked to the global football…
The Blockchain Association has appointed CFTC Commissioner Summer Mersinger as its new Chief Executive Officer, signaling a shift in leadership as the crypto industry confronts growing regulatory scrutiny in Washington. Mersinger will step into the role on June 2, following her departure from the Commodity Futures Trading Commission, where she has served since 2022, according…
Blast is phasing out Safe’s front-end for multisig wallets, urging users to self-host or use BrahmaFi as it works to integrate multisig directly into its mobile platform. Layer-2 network Blast, built by the Blur founder Pacman and backed by Paradigm, has ended its service agreement with self-custody wallet provider Safe, citing third-party risk and usability…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. 2025 was supposed to be the year of mass adoption. The Trump administration was billed as the first pro-crypto US government, and Bitcoin (BTC) reached an all-time high of $106,000. Despite this,…
