Treasury Secretary Scott Bessent is actively involved in selecting a replacement for Federal Reserve Chair Jerome Powell, whose term concludes in May 2026, with President Donald Trump expected to announce a successor imminently. Powell Successor Expected Soon; Bessent Warns of Market Risks Treasury Secretary Scott Bessent is playing a pivotal role in the process of…
Key Takeaways The XRP Ledger launched an EVM-compatible sidechain to enable Ethereum-based smart contracts and cross-chain DeFi. The sidechain uses XRP as its gas token, connects through Axelar bridge, and is supported by partners like Band Protocol, Grove, and Wormhole. Share this article XRPL, originally developed by Ripple Labs’ founding team, is launching an Ethereum…
Traders are bracing for potential selling pressure as early investors and project treasuries gain access to massive, previously locked holdings. Data from the Tokenomist website shows that over $484 million worth of tokens are scheduled to hit the crypto market this week, in one-time releases and significant daily unlocks. Details of Token Unlocks According to…
Tumblr is ditching — or, at least, suspending — its plan to migrate over to WordPress. Relatedly, that also means pausing plans of integrating Tumblr into the fediverse. That news dropped Monday on the Decoder podcast from The Verge. Automattic, which owns Tumblr, announced last year it planned to move Tumblr‘s backend of its website…
On June 21, 2025, Texas Governor Greg Abbott signed Senate Bill 21 (SB 21) into law, creating the Texas Strategic Bitcoin Reserve — a state-managed fund that will buy and hold bitcoin as a long-term investment. Texas joins Arizona and New Hampshire in passing bitcoin reserve legislation but is the first to actually commit public…
Kazakhstan is preparing to launch a state-run crypto reserve as the National Bank of Kazakhstan confirmed plans to create a national crypto reserve. The fund will likely be made of seized digital assets and government-linked mining operations. The announcement came from the government news agency Kazinform on 25 June 2025. National Bank Chairman Timur Suleimenov…
How do pimple patches work? Back in the day, getting a zit meant caking on disguising layers of foundation, concealer, powder …or maybe just a strategically angled hairstyle. But now, the game has changed: Why hide a pimple when you can dress it up? No frantic blending or pore-clogging products are required. Today, we’re embracing…
According to an update from Ripple, the long-awaited XRPL EVM Sidechain is now live on mainnet. A few highlights of what this entails include: Full EVM compatibility with Solidity, MetaMask, Hardhat, and more PoA consensus and more than 25 validators 3.4 seconds block time and over 1,000 TPS XRP as a native gas token Smart…
Web3 MMO Calamity have announced that their Factory NFTs – a digital collectible that will be key to their upcoming $WYRM token – will first become available on July 3. Alongside the ability to be staked for the $WYRM token, Factory NFTs will give holders a “personal in-game space” with “unique mechanics and real utility”,…
A federal proposal that would ban states and local governments from regulating AI for five years could soon be signed into law, as Sen. Ted Cruz (R-TX) and other lawmakers work to secure its inclusion into a GOP megabill — which the Senate is voting on Monday — ahead of a key July 4 deadline. …
