Trader Bags $2M Profit on ‘4’ Memecoin Surge After CZ’s Viral Post

Memecoin

Key Takeaways The volatile world of memecoins once again demonstrated its unpredictable, high-reward nature when a single trader turned a $3,000 investment into approximately $2 million in mere hours. This extraordinary gain was triggered by a viral social media post from Binance co-founder Changpeng “CZ” Zhao. From Phishing Incident to Community Meme The “4” ($4) … Read more

Doodles NFTs Partner with Kellogg’s Froot Loops for Custom Cereal Boxes

Doodles

Key Takeaways The world of high-value non-fungible tokens (NFTs) continues its push into the mainstream with a high-profile, cross-industry collaboration. The popular Ethereum NFT collection, Doodles, has teamed up with Kellogg’s cereal brand Froot Loops to release a limited-edition cereal box, blending the brand’s iconic rainbow toucan with Doodles’ colorful, pastel characters. Doodles Art Meets … Read more

Animoca Brands Equity Tokenized on Solana by Republic

Animoca Brands

Key Takeaways Animoca Brands, the Hong Kong-based Web3 investment powerhouse with a portfolio of over 600 projects, is taking a major step into the Real-World Asset (RWA) space by tokenizing a portion of its corporate equity. RWA tokenization company Republic will facilitate this, minting the equity tokens on the Solana blockchain. Democratizing Private Equity Access … Read more

Ripple CTO David Schwartz Stepping Down, Joins Board

Ripple

Key Takeaways David Schwartz, a pivotal figure and the Chief Technology Officer of Ripple, has announced he will step down from his executive role by the end of the year. Schwartz was instrumental in coding the XRP Ledger (XRPL), the decentralized blockchain associated with Ripple. His tenure spanned over 13 years, with seven of those … Read more

Aster Airdrop Vesting Decision Nears Amid $85B Volume Peak

Aster

Key Takeaways The team behind the decentralized derivatives exchange Aster is currently debating a critical tokenomics decision: whether to implement a vesting schedule for the recipients of its highly anticipated Season Two token airdrop. CEO Leonard confirmed in a recent livestream that the core team is weighing the options to ensure a balance between rewarding … Read more

Kraken Backs Pro-Trump PACs in Crypto Privacy Rights Push

Kraken

Key Takeaways In a bold political statement, crypto exchange Kraken has announced a $2 million donation to pro-Trump PACs. Kraken co-CEO Arjun Sethi, a vocal advocate for crypto’s core principles, framed the donations not as a partisan endorsement, but as a fight for the “core rights of individuals in a digital age.” The announcement, which … Read more

Tether IPO Buzz: Why a $500 Billion Valuation is Possible

Tether

Key Takeaways The whispers of a Tether IPO have transformed into a full-throated buzz, driven by commentary from industry heavyweight Arthur Hayes. The speculation, fueled by reports that the stablecoin giant is seeking to raise up to $20 billion at a colossal $500 billion valuation, has set the crypto world alight. If successful, this would … Read more

UXLink Attacker Gets Phished Mid-Exploit, Losing Stolen Tokens

UXLink

Key Takeaways In a hack that turned into a lesson in on-chain karma, a malicious actor who breached UXLink’s multisignature wallet was later phished themselves, losing a portion of the stolen tokens. The attacker initially exploited a vulnerability to steal over $30 million in assets and mint 10 trillion UXLINK tokens, causing the project’s native … Read more