DeFi platform Stream Finance pauses all activity after revealing $93M loss
Its stablecoin, Staked Stream USD (XUSD), has fallen to $0.2975, according to CoinGecko data. The depegging followed a $100 million exploit on Balancer, an automated market maker. Stream Finance also…
JPYC Inc. launches first yen-backed stablecoin alongside issuance and redemption platform
JPYC launches Japan’s first yen-backed, FSA-approved stablecoin. Japan’s megabanks plan joint yen-stablecoin via MUFG’s Progmat. JPYC targets 10 trillion yen issuance within three years. JPYC Inc., a Tokyo-based fintech company,…
Lightning Stock Exchange secures EU license to launch Europe’s first tokenized equity platform
Lise gains EU license to launch Europe’s first tokenized equity exchange for SMEs. The DLT TSS license enables blockchain-based trading and settlement infrastructure. Lise plans its first tokenized IPO in…
PancakeSwap price jumps 14% as DEX platform launches CAKEPAD
PancakeSwap (CAKE) price jumped 14% to highs of $3.90. CAKEPAD replaces IFOs with direct wallet commitments and full fee burns for deflation. PancakeSwap’s price could eye $10 amid overall market…
Why Solana ecosystem entity card trading platform Collector Crypt token price is soaring
Collector Crypt (CARDS) token has surged over 600% and its market cap has surpassed $45M in a little over two days. The Collector Crypt platform offers tokenised card trading with…
LetsBONK.fun Complete Guide: Solana’s New Leading Memecoin Launchpad Platform
What Is LetsBONK.fun? LetsBONK.fun is a memecoin launchpad platform launched by the BONK community in partnership with the decentralized exchange (DEX), Raydium. LetsBONK was launched in April 2...
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims
Backpack has unveiled a fee-free platform for FTX victims to sell their claims. The platform generated excitement as it pledged zero profits from the process. FTT coin gained more than…
Nasdaq-listed video-sharing platform Rumble invests $17.1M in Bitcoin (BTC)
Rumble bought 188 Bitcoin (BTC) for $17.1M, nearing its $20M goal. Rumble’s CEO sees BTC as an inflation hedge and crypto tie-in. Future Rumble BTC purchases depend on market and…
MEXC partners with Hacken to strengthen platform security
MEXC partners with Hacken to boost platform security. Hacken will assess vulnerabilities in apps and APIs. MEXC offers Proof of Reserves and $448M Insurance Fund. MEXC, one of the world’s…
Bitcoin staking platform Solv Protocol partners with Ethereum L2 Soneium
Solv Protocol has partnered with Soneium for BTC staking on Ethereum L2. Following the partnership, SolvBTC holders can stake, earn rewards, and use advanced yield strategies. Soneium’s $45M TVL and…