Internet Computer’s ICP token rallied for the fourth day, outperforming the broader crypto market amid hype over the announcement of its new AI-driven platform, Caffeine. According to data from crypto.news, Internet Computer (ICP) rose 8% to an intraday high of $5.66, pushing its market capitalization above $3 billion. The token is now trading 32% above…
Bitcoin-focused decentralized finance platform Alex Protocol has launched a Treasury Grant Program to reimburse users affected by a recent exploit that resulted in over $8 million in losses. According to a June 8 announcement, the program will provide financial support through a combination of original tokens and USDC equivalents, depending on the type of asset…
Sui network-based Cetus Protocol has relaunched with a new roadmap, open-source plans, and a compensation programme following a $223 million exploit. The decentralized exchange unveiled its post-relaunch strategy in a June 8 blog post, outlining measures to enhance protocol security, upgrade monitoring systems, and transition toward full open-sourcing. A newly structured white hat bounty programme…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When Satoshi wrote that “participants can be anonymous,” he also built in the assumption that the rules are enforced by software, not by people. Most of today’s decentralized exchanges keep that promise:…
First Digital Labs has launched FDUSD on Arbitrum, Ethereum’s largest Layer-2 network, marking the stablecoin’s latest expansion and further strengthening its cross-chain presence. The launch is designed to offer users access to low-cost, high-speed transactions while positioning First Digital USD (FDUSD) as a core stablecoin for decentralized finance, spanning five blockchains and multiple regional markets…..
Zebec Network, a decentralized real-time payment streaming platform, has acquired Gatenox to integrate native KYC, KYB, and AML compliance into its payment infrastructure. Zebec Network (ZBCN) has just announced its acquisition of Gatenox, a digital identity infrastructure company specializing in KYC, KYB, and AML compliance. The move is aimed at enhancing Zebec’s AI infrastructure by…
A heated feud between Musk and Trump spawned KILL BIG BEAUTIFUL BILL, a memecoin that hit a market cap of over $53 million as traders piled into the hype. The feud between the two powerhouses has been simmering for weeks, but it finally boiled over after Musk publicly broke away from the Department of Government…
AAVE price staged a sharp intraday rebound from the $240 level amid whale accumulation, but fading momentum indicators suggest the recovery may face headwinds unless key support holds. Aave (AAVE) price saw a strong rebound today, bouncing off the key $240 support level after a sharp drop from $264 yesterday. The move appears to be…
Pudgy Penguins has launched Pudgy Records, a new music label initiative, as its PENGU memecoin shows early signs of a potential breakout. Pudgy Penguins (PENGU) has launched Pudgy Records, a new community-driven music label aimed at expanding the brand’s cultural reach through music. Spearheaded by @danthelostboy, the voice behind the original Pudgy Penguins theme song,…
United States authorities have launched a forfeiture action to seize millions in crypto funneled to North Korea through a global network of fake IT workers embedded in blockchain firms. According to a June 5 statement from the U.S. Department of Justice (DOJ), the agency is seeking to confiscate over $7.74 million in digital assets allegedly…
