Cetus Protocol relaunches with new roadmap and compensation plan after $223m exploit
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,…...
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Active memecoin ETFs have a ‘good chance’ next year: Analyst
The current memecoin market capitalization is over $60 billion, more than Tron and Cardano combined....
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Founders of LayerZero, SEI, Selini Capital, and Plume back hyper-personalized AI crypto discovery engine
[PRESS RELEASE – Singapore, Singapore, June 9th, 2025] TrueNorth, led by a former chief of hybrid CeFi/DeFi exchange WOO and AI experts, raises a strategic angel round to pioneer the agentic economy. The founders of LayerZero, SEI, Selini Capital, Virtuals, Plume, and Presto Labs have collectively backed an AI platform...
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Bitcoin Volatility Ahead? 3 Things That Could Move Crypto Markets This Week
Last week’s weak PMI reports showed manufacturing activity contracting for a third month in a row and services activity shrinking for the first time in 11 months. Additionally, crypto markets have settled a little following the volatility in the wake of the spat between US President Donald Trump and...
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Ex-Goldman Executive On Circle’s 168% IPO Spike: Don’t Rush To Buy Stock As Bankers Engineer A ‘Pop’ — Cites Facebook Example
Ex-Goldman Executive On Circle’s 168% IPO Spike: Don’t Rush To Buy Stock As Bankers Engineer A ‘Pop’ — Cites Facebook Example Former Goldman Sachs executive and Web3 entrepreneur Dom Kwok advised against investing in Circle Internet Group (NYSE:CRL) following its bumper listing, suggesting investors wait for the lockup period...
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Ripple to provide grants to Japanese Web3 projects building on the XRP Ledger
Ripple is deepening its commitment to Asia’s Web3 ecosystem with the launch of a new grant initiative aimed at promoting innovation in Japan’s blockchain sector. The company announced on a June 9 blog post that it has partnered with Web3…...
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Bitcoin Struggles as Hang Seng Cheers U.S.-China Trade Talks; U.S. Inflation Eyed
Major cryptocurrencies showed little bullish momentum Monday, even as hopes for the U.S.-China trade talks lifted Asian stocks. Bitcoin BTC, the leading cryptocurrency by market value, traded flat-to-negative near $105,650, having carved out a doji candle, a sign of indecision, on Sunday, according to data source TradingView. Data from...
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Pi Network faces backlash as users report missing tokens despite KYC completion and mainnet migration
As more users report missing token balances after completing Know Your Customer verification processes and mainnet migration, Pi Network has come under fire from its community. The backlash erupted after Pi Network (PI) issued new wallet security guidelines, urging users…...
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XRP shows signs of rebound but declining on-chain activity signals more risk ahead
XRP is recovering from recent lows but weakening XRP Ledger metrics may indicate further challenges. Trading at $2.25 as of press time, XRP (XRP) is up 3.8% over the last day. The price is near the upper end of its…...
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Javier Milei Acted In ‘Personal Capacity’ And Didn’t Violate The Law: Argentina’s Anti Corruption Office Clears President In Solana-Based LIBRA Memecoin Scandal
Argentina’s President Javier Milei has been cleared by the country’s Anti-Corruption Office in the controversial LIBRA memecoin scandal that eroded millions of dollars in investors’ wealth. What Happened: The anti-corruption office concluded that Milei was acting in “personal capacity” when he promoted the Solana (CRYPTO: SOL)-based cryptocurrency via his X post and...
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