Datagram Launches Alpha Testnet for DePIN Interoperability
[PRESS RELEASE – British Virgin Islands, June 11th, 2025] Datagram has launched its Alpha Testnet, enabling users to participate in the operation and validation of a verifiable coordination layer for interoperability of DePIN (Decentralized Physical Infrastructure Networks). The testnet allows participants to run nodes, contribute to network performance, and...
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Allnodes Launches Bare-Metal Servers for Solana Validators and Builders
[PRESS RELEASE – Los Angeles, USA, June 11th, 2025] Allnodes, a provider of non-custodial staking and node hosting services, has introduced a new range of bare-metal servers tailored specifically for Solana validators and infrastructure developers. Designed to meet Solana’s stringent performance requirements, these single-tenant servers offer high throughput, low...
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CoinDesk 20 Performance Update: AAVE Rises 2.8% as Index Trades Higher from Tuesday
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3283.15, up 0.4% (+13.33) since 4 p.m. ET on Tuesday. Eight of 20 assets are trading higher. Leaders: AAVE (+2.8%) and BCH (+1.9%)....
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Everstake Hires Grayscale, Fidelity Veteran David Kinitsky as CEO
Cryptocurrency staking platform Everstake has appointed Grayscale and Fidelity veteran David Kinitsky as its new chief executive officer, the company said on Wednesday. Kinitsky succeeds Sergii Vasylchuk, who founded Everstake in 2018 and will now transition to the role of its president. The leadership change marks Everstake’s acceleration into...
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PayPal Brings Its Stablecoin to Stellar for Cross-Border Remittances, Payments Financing
PayPal (PYPL) is bringing its PYUSD stablecoin to the Stellar blockchain network to strengthen the dollar-pegged token’s position in cross-border remittances and payment financing, the companies said on Wednesday. PYUSD, which already operates on Ethereum and Solana, will expand to Stellar to explore new areas like payment financing, or...
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Ondo Finance Debuts $693M Treasury Token on XRP Ledger Amid Soaring RWA Trend
Tokenization platform Ondo Finance ONDO has debuted its flagship U.S. treasury-backed token on XRP Ledger (XRPL), giving institutional investors new tools to manage cash on the blockchain. Qualified purchasers can mint and redeem Ondo Short-Term U.S. Government Treasuries (OUSG) tokens around the clock using Ripple’s U.S. dollar stablecoin RLUSD,...
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Moody’s Ratings Brings Credit Rating to Solana in Real-World Asset Tokenization Trial
Global credit rating giant Moody’s Ratings and tokenization startup Alphaledger have completed a test run showing that municipal bond credit ratings can be embedded into blockchain-based securities, the companies told CoinDesk. The trial, conducted on the Solana SOL blockchain, showcases how credit ratings—typically distributed through proprietary data terminals—could be...
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Bitcoin Miner IREN to Raise $450M From Convertible Debt Offering
Bitcoin BTC and AI data center operator IREN plans to raise $450 million through a private sale of convertible senior notes, the company said in a press release. The notes, due in 2029, will be offered to qualified institutional buyers and could expand by another $50 million if initial...
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U.S. CPI Rose Softer Than Expected 0.1% in May, Sending Bitcoin Higher
There was good news on the U.S. inflation front in May as both the headline and core rates of the Consumer Price Index rose less than forecast. The CPI rose 0.1% in May, according to the Bureau of Labor Statistics. Economist forecasts had been for 0.2% and April’s pace...
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Litecoin Rose Against the Trend. PFMcrypto Launches LTC Cloud Mining, Daily Subscription Volume Surges 300%
LOS ANGELES, June 11, 2025 (GLOBE NEWSWIRE) — On May 31, the SEC announced the postponement of the approval of other altcoin ETFs such as Solana and XRP, but left the Litecoin ETF ruling window alone, which was interpreted by the market as a potential positive signal. For the...
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