Core Ventures, the investment arm aligned with the Core Foundation, has deployed more than $1 million across 15 Bitcoin-aligned projects since launching in early 2024. Core Ventures is on a mission to transform Bitcoin (BTC) from a passive store-of-value into an active layer of financial infrastructure that can serve as the foundation for lending, yield…
Monda, the leading DEX and liquidity incubator on the Monad blockchain, has rebranded to Purps exchange and now offers cross-chain swaps. According to a recent official announcement on X, Monda has officially rebranded to Purps exchange. The platform’s new home is now Purps.xyz, with the old domain Monda.fund fully redirected. In a follow-up post, the…
World Liberty Financial has opened a governance vote to airdrop its new stablecoin, USD1, to early WLFI holders as a test of its airdrop mechanism. World Liberty Financial (WLFI) has initiated a governance vote to determine whether a small amount of its newly launched stablecoin, USD1, should be airdropped to early WLFI token holders. The…
KAITO surged as much as 42% today, kicking off a strong rally amid rising investor interest driven by new partnerships and expanding community rewards. Kaito (KAITO) rallied to hit an intraday high of $1.17 on May 7 before cooling down a bit to around $1.13 by press time. That’s nearly a 70% gain from last…
South Korean politician Lee Jae-myung has vowed to approve spot cryptocurrency exchange-traded funds and create a safer investment environment for young investors if elected president. Lee, who is the Democratic Party’s presidential candidate, has rolled out a set of crypto-friendly promises as part of a larger pitch to win over younger voters, according to a…
TRON has reached a major milestone in the stablecoin market but TRX price seems to be struggling to gain momentum. According to DeFiLlama data, as of May 7, there are $71.9 billion in stablecoins on the network, setting a new record for TRON’s (TRX) stablecoin supply. This increase comes after Tether (USDT) minted another $1…
Bitwise Asset Management has filed for a spot Near ETF with the United States Securities and Exchange Commission. According to a May 6 Form S-1 filing, the proposed Bitwise NEAR ETF is designed to give investors direct exposure to the price of the NEAR token by holding actual NEAR tokens in custody. NEAR is the…
Unconfirmed reports are circulating online that Jeffy Yu, founder of the small-cap crypto project Zerebro, may have taken his own life during a livestream on Pump.fun on May 4. The video circulating on X appears to show Yu smoking a cigarette before shooting himself in the neck. While the footage has been widely shared, the…
VRA rallied as high as 45% today, breaking out of a bullish pattern following new partnerships while outpacing a broader market downturn. Verasity (VRA) surged to an intraday high of $0.0032 on May 6 during afternoon Asian trading, pushing its total gains to over 250% since hitting its monthly low. VRA’s strong performance made it…
India’s Supreme Court has raised concerns over unregulated Bitcoin trading, comparing it to a refined form of Hawala during a recent bail hearing in a crypto-related case. According to local media, the observation came as the court questioned the absence of a clear regulatory framework for virtual currencies in the country. The bench, comprising Justices…
