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Gaming ecosystem Treasure Chain shuts down mainnet nearly five months after its launch

TreasureDAO will shut down its ZKsync-based Treasure Chain on May 30, nearly five months after announcing urgent cost-cutting measures and securing temporary emergency powers. TreasureDAO is pulling the plug on Treasure Chain, its own network built on ZKsync’s layer-2 scaling solution, by May 30 after TIP-52 passed, giving the core team emergency powers to handle…

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Immunefi and Dedaub join forces to bring onchain firewall to Magnus

Web3 security platforms Immunefi and Dedaub are collaborating to enhance the capabilities of Immunefi’s newly launched security operations command center, Magnus. Together, Immunefi and Dedaub protect more than $220 billion in assets, with Dedaub offering security and auditing tools used by industry leaders including the Ethereum Foundation, Coinbase, EigenLayer, and Chainlink. The companies said in…

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Stablecoins are the next big thing for Solana

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Solana (SOL) has emerged from one of its most turbulent periods to date. Stress-tested in Q1 2025 by an unprecedented wave of memecoin launches on platforms like Pump.fun, the network faced both…

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Crystal Intelligence acquires Whale Alert’s scam detection platform

Amid rising crypto crime, Crystal Intelligence is acquiring Whale Alert’s Scam Alert platform to turn individual victim reports into actionable intelligence for law enforcement. Crystal Intelligence, a blockchain analytics and risk monitoring firm, announced it’s acquiring Scam Alert, a public platform for reporting and detecting crypto scams developed by Whale Alert in a move to…

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Tokenization won’t take off without a reality check

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Tokenization has become a buzzword, unfortunately, it’s failing to prove its value. Investors remain unconvinced, and inconsistent regulations are stalling progress. Too often, assets are being tokenized just for the sake of…

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Dubai is building the blueprint for web3-driven finance

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Dubai isn’t just adopting web3—it’s engineering the environment where it will thrive. Through a unique convergence of regulatory clarity, public-private collaboration, and a relentless drive for innovation, the Emirate is rapidly positioning…

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Mercado Bitcoin taps Wormhole to scale $200m in tokenized assets

Mercado Bitcoin, Brazil’s largest crypto exchange, announced on Wednesday a new partnership with Wormhole to expand the reach of its tokenized financial assets. This new partnership aims to expand over $200 million in tokenized assets, including private credit offerings, across more than 30 blockchain ecosystems. The Rio de Janeiro-based exchange is already a major player…

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FIFA to migrate to its own EVM-compatible blockchain for FIFA Connect

FIFA Collect, the official digital collectibles platform of FIFA, is upgrading its infrastructure and migrating to a new EVM-compatible FIFA Blockchain, the organization announced.  The migration is expected to begin no earlier than May 20, 2025, with users notified in advance, according to the FIFA website.  The move is designed to enhance platform performance, scalability,…

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