Sonic SVM, the first SVM chain extension on Solana, has announced the introduction of a new SONIC burn program aimed at enhancing the token’s value accrual mechanism.
This strategic redesign replaces the previous burning model with a buy-and-lock system, where 50% of all transaction fees will be used to purchase SONIC tokens from the open market. These tokens will be locked in a dedicated…
Last week the crypto market didn’t just ride on bitcoin’s coattails—it ran with it. As bitcoin smashed through the $100,000 mark (again), ethereum, solana, and a host of altcoins followed suit.
This editorial is from last week’s edition of the Week in Review…
XRP just hit the big leagues as CME Group launches regulated futures, unlocking a powerful gateway for institutional capital to flood into the XRP ecosystem.
XRP Futures Go Live—Is This the Institutional On-Ramp Bulls Waited for?
Chicago-based CME Group officially…
A sweeping regulatory revolution is underway as the SEC unveils bold plans to unify crypto and securities oversight, slashing red tape and embracing market innovation.
SEC Chair Declares New Crypto Era With Push for Unified Market Rules
U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins, addressing the SEC Speaks conference on May 19, delivered a sweeping critique of the agency’s…
Ripple is revolutionizing cross-border finance in the UAE, launching with Zand and Mamo just months after securing groundbreaking regulatory approval, unleashing real-time blockchain-powered payments.
Ripple Payments Gains First Major Foothold in UAE with Zand and Mamo…
At the recent Dubai Fintech Summit, Ripple reaffirmed its strategic focus on the evolving global crypto landscape. A key highlight of the event was the meeting between Ripple President Monica Long and Sheikh Ahmed bin Saeed Al Maktoum, a prominent figure in Dubai’s…
Russian law enforcement has arrested the co-founder of the crypto game Blum in Moscow as part of a criminal investigation into large-scale fraud.
Smerkis Steps Down as Blum CMO
Russian law enforcement arrested Vladimir Smerkis, co-founder of the crypto game Blum, in Moscow as part of a criminal investigation into large-scale fraud. The announcement of his arrest came a day after Blum said Smerkis…
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a leading bitcoin treasury company based in Japan, has announced a significant expansion of its cryptocurrency portfolio. The company acquired an additional 1,004 bitcoin, bringing its total holdings to 7,800 BTC.
U.S. authorities have charged 12 additional defendants in a sprawling RICO conspiracy involving over $263 million in cryptocurrency thefts, money laundering, and coordinated home invasions, according to a superseding indictment unsealed this week.
DOJ: Crypto Crime Ring…
DDC Enterprise Ltd. (NYSEAM: DDC), a Chinese publicly traded company, reported record 2024 financial results and announced plans to acquire 5,000 bitcoin ( BTC) over three years as part of a new corporate reserve strategy. The initiative includes an immediate purchase of 100 BTC, with a goal to hold 500 BTC within six months.
NYSEAM-Listed DDC to Invest in 5,000 BTC
According to the firm’s…
