Justin Sun urges users to exit First Digital Trust amid insolvency concerns
Justin Sun says First Digital Trust is insolvent and urges users to secure assets after $456M in TrueUSD reserves were mismanaged. The post Justin Sun urges users to exit First Digital Trust amid insolvency concerns appeared first on Crypto Briefing....
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New Farming Game Brings PvP Action: Web3 Gaming Aims for Lasting Fun
Web3 gaming is evolving, and one project is combining farming, city-building, and PvP battles into a single economy. CropBytes, a blockchain-based gaming platform, introduces a deflationary token model that helps balance the economy, maintain value, and keep players engaged for […] The post New Farming Game Brings PvP Action:...
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Justin Sun says First Digital Trust is insolvent after rescuing TUSD stablecoin
Tron founder Justin Sun has publicly declared that First Digital Trust, a Hong Kong-based fiduciary, is insolvent and unable to fulfill client fund redemptions. In an X post, Sun urged users to take immediate action to secure their assets and…...
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Solana’s Jupiter Buys DRiP Haus, DeFi Exchange’s First NFT Play
Non-fungible tokens (NFTs) may be well off their frothy heights, but don’t tell that to Jupiter. Solana’s top DeFi exchange just brought digital collectibles platform DRiP Haus into its orbit. The acquisition is part of Jupiter’s push to become what Jupiter’s Kash Dhanda calls the “Solana super app:” a...
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Why a Diversified Approach to Crypto Investing Makes Sense
Once considered speculative investments, cryptocurrencies are becoming increasingly mainstream. In Europe, WisdomTree is at the forefront of leading that charge. The global financial services firm offers a number of exchange-traded products (ETPs) that offer diversification and an incredibly easy way to buy and sell crypto assets. Here Dovile Silenskyte,...
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Bitcoin ETFs Could See $3B in Q2 Inflows Even Without Price Recovery, Says Analyst
The spot bitcoin ETFs saw sizable inflows in the first quarter despite the lame price action and at least one analyst sees the next three months as even bigger even if the prices don’t recover. “Even if current market conditions persist in the second quarter, we are seeing strong...
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From Seashells To Satoshi: Why Cryptocurrency Is The Next Natural Evolution Of Money
The concept of money has never been static. From the earliest forms of trade to today’s digital assets, the way we exchange value has evolved alongside our societies. Yet, when people hear about blockchain and cryptocurrency, there’s still hesitation—a feeling that it’s somehow detached from the real economy or...
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Cat-Themed Meme Coin Soars After Binance Boost – Here’s What Happened
TL;DR MEW outperformed the leading meme coins, surging by double digits on a daily scale. Its pump occurred shortly after the asset’s inclusion on Binance Alpha. MEW Climbs the Ladder The meme coin sector has seen better days, with many tokens experiencing declines in the past 24 hours. PEPE...
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Trader Wagers Almost $100M on Bitcoin Dropping to $60K
Bitcoin (BTC) traders are hedging against a potential market drop, with a massive options bet targeting a $60,000 price level for the flagship cryptocurrency. The block trade represents one of the largest bearish bets in recent weeks, suggesting deep pessimism about Bitcoin’s short-term prospects against a backdrop of looming...
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Crypto’s Fairshake Notches Latest Wins in Florida Congressional Races
The crypto industry’s primary political action committee, Fairshake, flooded support to Republican candidates in the U.S. House of Representatives special elections this week in Florida that aimed to fill vacant seats in Congress. Both candidates won, further reinforcing the party’s narrow national majority. The two seats in Florida had...
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