Few could’ve predicted that the company behind Disney-themed trinkets would become TRON’s biggest public backer. With $100 million deployed and Justin Sun in its corner, SRM is rewriting its corporate script, one blockchain transaction at a time. On June 30, Florida-based SRM Entertainment locked up 365 million TRON (TRX) tokens, worth roughly $100 million, into…
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…
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…
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…
Solana spot exchange-traded funds are a hot anticipation, and one by REX Shares featuring staking could go live this week, Bloomberg analyst James Seyffart has said. James Seyffart posted on X on June 30 that the first Solana (SOL) spot ETF with staking is likely to launch for trading as early as this week. The…
Key Takeaways The SEC has acknowledged Grayscale’s amended filing to convert its large cap fund into a spot crypto ETF. The proposed ETF will track major cryptocurrencies including BTC, ETH, XRP, SOL, and ADA. Share this article The US SEC has until Wednesday, July 2, to rule on Grayscale’s request to convert its Digital Large…
Increased market penetration and adoption of stablecoins have put a damper on the South Korean CBDC plans. The country has applied brakes on its CBDC trial program that had been ongoing since April this year in the wake of stablecoin’s resurgence amidst political backing. The Bank of Korea (BoK) confirmed the current state of affairs…
Bitcoin has been gradually climbing toward its all-time high of $111K, though current momentum appears limited. Still, a successful breakout above this level could trigger a short-squeeze, propelling the price toward the next potential target at $120K. BTC Price Analysis: Technicals By Shayan The Daily Chart Bitcoin has been inching closer to its all-time high…
Spanish authorities, with Europol and international partners, arrested five suspects in a major operation targeting a €460 million crypto fraud network. On 25 June, the Spanish Guardia Civil, backed by Europol and law enforcement partners from Estonia, France, and the United States, executed coordinated raids that led to the arrests of five individuals behind one…
Key Takeaways The Trump administration is considering releasing a Treasury Department report on US government Bitcoin holdings. Work is underway to develop a strategic US Bitcoin reserve following President Trump’s executive order. Share this article The Trump administration may release a Treasury Department report detailing US government Bitcoin holdings, said Bo Hines, senior advisor to…
