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Latest news from the Web3 ecosystem

Warren Questions Potential Crypto Bailouts, Cites Family Business Concerns

Warren Questions Potential Crypto Bailouts, Cites Family Business Concerns

Senator Elizabeth Warren has raised questions about possible U.S. government intervention in the ongoing Bitcoin selloff, expressing concerns about potential enrichment of certain family businesses.

1 min read
Trump-Affiliated Token WLFI Jumps 10% on Apex Stablecoin Partnership

Trump-Affiliated Token WLFI Jumps 10% on Apex Stablecoin Partnership

World Peace Token (WLFI) experienced a significant surge, climbing 10% following the announcement of a pilot program with Apex for its USD1 stablecoin. This move contrasts sharply with the recent downturns observed in major cryptocurrencies like Bitcoin and Ethereum.

1 min read
LONGTITUDE Recap: Quantum Threats & US Crypto Policy Discussed

LONGTITUDE Recap: Quantum Threats & US Crypto Policy Discussed

Recent Hong Kong discussions at LONGTITUDE highlighted the impending quantum computing threat to Bitcoin and the need for AGI readiness in the crypto space, alongside ongoing US regulatory developments.

2 min read
Hyperliquid Launches Policy Center Amidst US Regulatory Scrutiny

Hyperliquid Launches Policy Center Amidst US Regulatory Scrutiny

Decentralized derivatives exchange Hyperliquid has established a policy advocacy arm to engage with U.S. policymakers, focusing on the future of DeFi and blockchain technology.

1 min read
Bitcoin Consolidates, Analyst Eyeing $70K Breakthrough

Bitcoin Consolidates, Analyst Eyeing $70K Breakthrough

Bitcoin's price action is consolidating, with key indicators suggesting an imminent breakout. The $70,000 mark is becoming a critical focus for traders.

1 min read
OpenAI Uses AI Agents for Smart Contract Security Audits

OpenAI Uses AI Agents for Smart Contract Security Audits

OpenAI is now employing AI agents to rigorously test smart contracts. This 'red teaming' approach aims to uncover vulnerabilities before real-world deployment, ensuring enhanced security in decentralized applications.

2 min read
Hanwha Invests $13M in Seedless Crypto Wallet Startup

Hanwha Invests $13M in Seedless Crypto Wallet Startup

South Korean conglomerate Hanwha is injecting $13 million into a US-based blockchain firm to advance enterprise-grade cryptocurrency wallets and real-world asset tokenization.

1 min read
Solana's Support Tested Amidst Declining Revenues and Interest

Solana's Support Tested Amidst Declining Revenues and Interest

Solana's SOL token faces critical support at $80 following a decrease in decentralized application revenues and waning investor engagement, raising questions about its short-term price trajectory.

1 min read
Bitcoin "Short-Term Holder Stress" Metric Hits Multi-Year Lows

Bitcoin "Short-Term Holder Stress" Metric Hits Multi-Year Lows

A key on-chain indicator for Bitcoin, the "short-term holder stress" metric, has reached levels not observed since 2018. This suggests a potential market capitulation and a possible bottom for Bitcoin's price.

2 min read
Barry Sternlicht Eyes Tokenization Amidst Regulatory Hurdles

Barry Sternlicht Eyes Tokenization Amidst Regulatory Hurdles

Real estate magnate Barry Sternlicht intends to tokenize assets for his clients via his $125 billion firm, but current U.S. regulations are presenting a significant obstacle.

2 min read
Coinbase's Base Layer Transitions to Independent Architecture

Coinbase's Base Layer Transitions to Independent Architecture

Coinbase's Base layer is shifting to its own distinct architecture, aiming to enhance streamlining and developer experience while maintaining its open-source commitment.

1 min read
Armstrong Blames Banks for Stablecoin Bill Stalemate

Armstrong Blames Banks for Stablecoin Bill Stalemate

Coinbase CEO Brian Armstrong asserts that banking trade groups are obstructing progress on market structure legislation, potentially hindering stablecoin rewards.

2 min read