Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
The World Liberty Financial (WLFI) community has overwhelmingly voted to approve a new buyback-and-burn plan, which will use 100% of the protocol’s liquidity fees to purchase and permanently remove WLFI tokens from circulation. The proposal, which is set to formally pass on September 19, received more than 1.3 billion votes, with 99.48% in favor. The … Read more
Cumberland DRW, a major market maker, has started providing services for the World Liberty Financial (WLFI) token. On-chain data confirms that Cumberland received 10 million WLFI tokens, valued at $2.05 million, from BitGo. This move signals significant institutional support for WLFI and positions Cumberland alongside other key market makers like DWF and Jump. Market participants … Read more
The GameFi sector has struggled, hampered by complex and unsustainable tokenomics, luck-based gameplay, and bot activity. Recent data from DappRadar shows a significant drop in active gaming wallets, and many projects have shut down. A Shift in the Gaming Landscape Despite the downturn, a new approach to Web3 gaming is emerging, moving away from complex … Read more
OKB, the native token of the OKX exchange, has seen a dramatic price increase of 170%, reaching a new high of $124. This surge follows the exchange’s announcement of a major overhaul to its tokenomics model. The key change is a one-time burn of roughly 65.26 million OKB tokens. These tokens were accumulated from past … Read more
The PENDLE token is experiencing a significant rally, reaching its highest price in seven months, driven by the launch of the staking token KHYPE on the Pendle yield tokenization protocol. In the last 24 hours alone, PENDLE has risen by 19%, contributing to a 35% weekly gain. The token’s strong performance has been linked to … Read more
Bitmain Technologies Ltd., the world’s largest manufacturer of cryptocurrency mining equipment, is set to establish its first U.S. factory by late 2025, with production slated to begin in 2026. The company is considering Texas or Florida as the location for this new headquarters and assembly line. This strategic expansion aligns with the U.S.’s “Made in … Read more
The Celestia Foundation has announced the purchase of all remaining TIA tokens held by early investor Polychain Capital for a total of $62.5 million. This strategic move marks the exit of one of the network’s foundational backers and precedes a significant network upgrade. The transaction involved the transfer of approximately 43.45 million TIA at a … Read more
Governments worldwide are increasingly re-evaluating and tightening their “golden visa” programs, which offer residency or citizenship in exchange for significant investment. While these schemes have attracted wealthy investors, including a growing number of crypto executives, and stimulated local economies, concerns over corruption, money laundering, and soaring housing costs are leading many jurisdictions to backtrack. A … Read more
Bitget, a global leader in cryptocurrency exchange and Web3 innovation, is dramatically amplifying its international presence by announcing a major partnership with UNTOLD, one of the world’s top three music festivals. As an official sponsor of UNTOLD X in Cluj-Napoca, Romania this August (August 7-10, 2025), and UNTOLD Dubai later this year (November 6-9, 2025), … Read more
Coinbase has launched two new wrapped tokens—cbADA (Cardano) and cbLTC (Litecoin)—on its Ethereum Layer-2 network, Base, completing a four-token rollout that began earlier this year. Each token is 1:1 backed by the underlying asset held in Coinbase custody, with on-chain proof-of-reserves available for public verification. As of launch, Coinbase’s transparency dashboards report: 11,364 LTC backing … Read more