Crypto czar David Sacks recently highlighted the potential benefits of the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), asserting that clear regulatory guidelines for stablecoins could potentially trigger a surge in demand for US treasuries. In an interview with CNBC on 21 May 2025, Sacks stated that although unregulated, there are
Cetus, a decentralized exchange (DEX) on the Sui blockchain, has reportedly suffered a devastating exploit. According to on-chain investigator Lookonchain’s update, over $260 million was stolen from Cetus. The attacker swapped the stolen assets into USDC and bridged roughly $60 million to Ethereum, where it was exchanged for ETH. Lookonchain further reported that the exploiter
Bitcoin’s complicated decimals might soon be history if a new plan to redefine the base unit as the real “Bitcoin” gets adopted. Bitcoin (BTC) has always had a little quirk that confuses even longtime users: the way it’s measured. Officially, one Bitcoin equals 100 million “base units” — also called “satoshis” or “sats” — but
Key Takeaways Cetus Protocol on Sui blockchain was targeted by a cyberattack, draining multiple liquidity pools. Several liquidity pool tokens on Cetus plunged by up to 80% following the incident. Share this article Cetus Protocol, a key decentralized exchange and liquidity provider on the Sui network, suffered severe disruption in the early hours of Thursday
Sam Altman- backed Worldcoin is making headlines again as its native token WLD surged 10% in the past day following a major $135 million fundraising round lef by venture capital giants Anreesen Horowitz (a16z) and Bain Capital Crypto. According to the company, “this funding opportunity is in service to the long-term mission of World and
Bitcoin (BTC) surged past $111,000 for the first time on Thursday, marking a historic all-time high. The rally is being driven by strong capital inflows, particularly from institutional investors. Despite concerns of a pullback, new data suggest that the Bitcoin market is still in a healthy upward phase. Market Calm as Bitcoin Soars According to
Trump-backed crypto project World Liberty Financial purchased 636,961 BUILDon tokens in support of the project. After the purchase, the token shot up by nearly 530%. According to data from CoinMarketCap, the B token has jumped by more than 533% in the past 24 hours. It is currently trading hands at $0.21. Not only that, the
Key Takeaways Société Générale’s crypto subsidiary SG Forge is introducing the first bank-issued dollar stablecoin on Ethereum. The stablecoin launch targets institutional investors and taps into the $250 billion dollar stablecoin market. Share this article SG Forge, the crypto and blockchain-dedicated arm of Société Générale, one of Europe’s largest financial institutions, will soon launch a
Top 20 Crypto to Buy in May 2025Texas is making headlines again, and this time it’s not about energy or barbecue. The state’s lawmakers have voted to create a strategic Bitcoin reserve, setting the stage for Texas to become the first in the U.S. to officially hold Bitcoin as part of its financial strategy. The
[PRESS RELEASE – MemHustle, World, May 22nd, 2025] MemHustle – next-gen Telegram game came to replace tap-to-earn, launched on January 16, 2025. MemHustle combines high-quality gameplay, unconventional communication, and an innovative rewards system to capture the attention of both crypto enthusiasts and gamers worldwide. What’s MemHustle Game MemHustle gaming mini-app has a provocative storyline on