Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
The excitement around Hamster Kombat, the popular Telegram clicker game, is reaching new heights as the development team reveals details about its highly anticipated season 1 airdrop. A staggering 60 billion tokens from the total supply of 100 billion Hamster Kombat (HMSTR) tokens will be distributed to qualified users, further solidifying the game’s commitment to … Read more
At Token2049, the Aptos Foundation announced an exciting partnership with the Ignition AI Accelerator, aimed at merging blockchain technology with the rapidly expanding artificial intelligence sector. This collaboration will leverage Aptos’s expertise to enhance AI solutions, positioning them as potential game changers for businesses and economies. Founded in May 2024 in Singapore and supported by … Read more
Infrastructure-intensive industries are at a pivotal point, experiencing significant transformations fueled by digital innovation. Technologies like artificial intelligence (AI), blockchain, and the Internet of Things (IoT) are reshaping sectors that have long remained stagnant. A notable shift in this landscape is the move toward decentralized models, giving rise to decentralized physical infrastructure networks, or DePINs. … Read more
In a shocking turn of events, BingX, a cryptocurrency exchange based in Singapore, has confirmed it was the latest victim of a significant hacking incident, resulting in an estimated loss of over $43 million. This breach was initially detected on September 20, with blockchain security firm PeckShield first alerting the public to unusual network activity. … Read more
Terraform Labs has officially shut down following the acceptance of its bankruptcy plan, marking the end of a tumultuous chapter for the company and its investors. Accused by the SEC of engaging in fraudulent activities that resulted in a staggering $40 billion loss for investors when its TerraUSD stablecoin and Luna tokens collapsed in 2022, … Read more
In a bold statement at the recent Token2049 conference in Singapore, Chainalysis CEO Michael Gronager predicted that government prosecutors and tax authorities will increasingly harness artificial intelligence (AI) to combat crime on the blockchain within the next five years. This shift marks a significant evolution in how authorities investigate illicit activities in the cryptocurrency space. … Read more
In recent weeks, Worldcoin (WLD) has experienced a notable surge in its market value, attracting attention from both investors and the broader cryptocurrency community. Despite this positive momentum, the project faces several challenges that could impact its long-term viability and adoption. Recent Gains Worldcoin’s rise can be attributed to increased interest in its unique approach … Read more
In a significant strategic shift, Circle, the issuer of the popular stablecoin USDC, has announced the relocation of its headquarters from Boston to New York City. This move, which positions the company in the heart of the financial district at One World Trade Center, comes as Circle prepares for a planned Initial Public Offering (IPO) … Read more
Crypto exchange Bitstamp is strategically deepening its footprint in the Asia-Pacific region, particularly targeting institutional business growth in Australia. This move aligns with the company’s global expansion ambitions and follows Robinhood’s planned acquisition of Bitstamp for $200 million, which is expected to close in 2025. During the recent Token2049 conference in Singapore, Bobby Zagotta, Bitstamp’s … Read more
At Bitget’s sixth-anniversary event held in Singapore, CEO Gracy Chen shared exciting news about the platform’s remarkable growth. The company’s global user base has now surpassed 45 million, marking a staggering 400% increase since 2023. This impressive expansion highlights Bitget’s strategic initiatives and the growing interest in cryptocurrency trading worldwide. Record Growth in Key Regions … Read more