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Bidding War Heats Up for Stargate, a Top DeFi Protocol

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A fierce battle is underway for control of Stargate, a leading cross-chain protocol, as Wormhole Foundation challenges a $110 million acquisition offer from LayerZero. LayerZero had proposed acquiring Stargate’s assets—including over $92 million in stablecoins and other holdings—in exchange for its own ZRO tokens. However, this proposal has been met with criticism from community members … Read more

HBAR Price at a Critical Juncture Amid Bearish Pressure

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HBAR is currently experiencing significant volatility and is at risk of a major price drop. The altcoin is trading at $0.234, just above its key monthly support level of $0.230, and is being challenged by a strong bearish trend. Technical indicators are signaling a negative outlook for HBAR. The Relative Strength Index (RSI) has fallen … Read more

Hex Trust and Core Foundation Partner to Bring Bitcoin Staking to Institutions

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Core Foundation, a Bitcoin scaling solution, has joined forces with digital asset custodian Hex Trust to offer institutional clients in the Asia-Pacific (APAC) and MENA regions a new way to earn returns on their Bitcoin. This partnership combines Core’s “dual staking technology” with Hex Trust’s secure, regulated custody services. The collaboration allows institutions to stake … Read more

A Stormy August Could Lead to a Bullish September for Altcoins

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The crypto market recently took a $107 billion hit, with Bitcoin briefly dipping below its key support level of $112,526. This sell-off was triggered by fresh scrutiny from the SEC regarding a major deal involving Alt5 Sigma and Trump’s World Liberty Financial. However, analysts see this turbulence as a potential catalyst for the long-awaited altcoin … Read more

Why Is Ether’s Price Dropping?

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Ether (ETH), the second-largest cryptocurrency, has experienced a 10% drop in value after failing to surpass its all-time high last week. It’s now trading around $4,170, a part of a broader sell-off that has also affected Bitcoin and other major cryptocurrencies. Experts believe this decline is largely due to investors taking profits, especially as some … Read more

Elon Musk Abandons Plans for “America Party” to Focus on Business and Back JD Vance

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Tech billionaire Elon Musk has reportedly dropped his plans to create a new political party, the “America Party,” to avoid hurting the Republican Party and to maintain a close relationship with Vice President JD Vance. According to The Wall Street Journal, Musk’s decision comes after he concluded that a new party could siphon votes from … Read more

Bank of America Eyes Stablecoin Market, Pending Regulatory Clarity

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Bank of America CEO Brian Moynihan has confirmed the bank’s interest in entering the stablecoin market, but only once the U.S. establishes clear regulations. This potential move highlights the growing role of stablecoins in modern banking, promising more efficient international transactions and retail payments. According to Moynihan, the bank is actively collaborating with the crypto … Read more

SEC Delays Decisions on New Crypto ETFs

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The U.S. Securities and Exchange Commission (SEC) has once again delayed its decisions on several new cryptocurrency exchange-traded fund (ETF) applications, pushing the deadlines to October. The proposals include ETFs for Bitcoin, Ethereum, Solana, and XRP, with filings from major firms like 21Shares, Bitwise, and even Truth Social. This isn’t an unusual move for the … Read more

Thailand’s 2025 Crypto Push: A Year of Regulation and Growth

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In 2025, Thailand made significant moves to establish itself as a leader in digital finance. The government and the Securities and Exchange Commission (SEC) introduced a series of new policies focused on increasing transparency, protecting investors, and stimulating economic growth through cryptocurrencies. One of the most notable developments was the TouristDigiPay project, a trial allowing … Read more

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