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Author: John Smith
Global credit rating agency Moody’s is testing a system to rate municipal bonds directly on the Solana blockchain. One of the “big three” global credit rating agencies has entered the blockchain space. On Wednesday, June 11, Moody’s began testing the issuance of credit scores directly on the Solana (SOL) blockchain. These credit ratings will be used to assess the risk of municipal bonds issued by local governments. Excited to unveil our proof-of-concept with @MoodysRatings: we’ve successfully embedded Moody’s municipal bond credit ratings on-chain via Alphaledger’s Vulcan Forge platform on @Solana, delivering trusted, real-time credit insights for tokenized securities. https://t.co/PkQBAvk62p— Alphaledger…
Donald Trump also renewed pressure on the Federal Reserve to cut interest rates following Wednesday’s lower-than-expected inflation data. U.S. markets gained on Wednesday as ongoing Washington – Beijing trade talks are showing signs of progress while economic data releases point to a healthy economy. The Dow Jones Industrial Average gained 142 poinots or around 0.3%, trailing the Nasdaq index which was up around 0.4%. In a Truth Social post, Trump called the May Consumer Price Index “great numbers” and demanded a full percentage point rate cut, arguing it would reduce federal interest payments. “CPI just out. Great numbers! Fed should…
VivoPower taps Flare to deploy $100M in XRP for institutional yield, pioneering the XRPFi standard for compliant corporate treasury management on blockchain. According to a press release shared with crypto.news on June 11, global sustainable energy solutions company VivoPower International has partnered with layer-1 blockchain Flare to generate yield on its Ripple (XRP) holdings. The initiative begins with an initial deployment of $100 million through a scalable framework built on Flare’s native protocols. The Nasdaq-listed company said this marks the first large-scale execution of its new corporate strategy to transition into an XRP-centric treasury operation. Backed by a consortium of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Neo Pepe Coin shakes up crypto with a bold presale strategy, challenging Polygon’s dominance in memecoin innovation. Cryptocurrency investors are always on the lookout for the next big thing in digital assets. The latest buzz? Neo Pepe Coin. Touted as the new contender to Polygon Network’s dominance, Neo Pepe Token has shaken the market with its unique presale strategy and ambitious community-driven features. But what really sets Neo Pepe apart? And how does it compare to established networks like…
Algorand price has bounced back this month as the crypto market rally accelerated and its network growth continued. Algorand (ALGO) rose to a high of $0.2075, its highest swing since May 30 and 17% above the lowest point this month. It remains 66% below its highest point since December last year. Nansen data shows that Algorand was the best-performing blockchain in the crypto industry over the last seven days. The network handled 13.69 million transactions during that period, a 54% increase from a week earlier. Similarly, active addresses rose by 54% to 1.264 million. Algorand active addresses | Source: Nansen…
The SPX6900 token continued its strong uptrend on Wednesday, reaching its highest point since January. SPX6900 (SPX) price rose for the fifth consecutive day, reaching a high of $1.62, up by 548% from its lowest point this year. This surge has pushed its market capitalization from $275 million in March to $1.4 billion. The SPX token surge coincided with ongoing whale accumulation. Nansen data shows that whales now hold 105.29 million coins, up from 104 million on May 13 this year. SPX whale chart | Source: Nansen Similarly, public figure holdings of the SPX token rose to 31.97 million, up…
Mercurity Fintech Holding Inc. has announced an $800 million financing plan to establish a long-term Bitcoin treasury reserve. The initiative marks a strategic shift for the blockchain-powered fintech group, which now aims to build a digital asset treasury supported by blockchain-native custody, staking, and tokenized management services. According to MFH, the reserve will be managed using institutional-grade custodial infrastructure and staking-enabled liquidity tools. The company plans to generate yield from its Bitcoin (BTC) holdings while enhancing balance sheet resilience and deepening alignment with decentralized finance protocols. CEO Shi Qiu said the initiative reflects a belief in Bitcoin’s future role in…
XRP has been trading within a well-defined high-timeframe channel, and price is once again approaching key support. With several technical factors aligning at this level, the possibility of a bullish expansion toward $4.70 is emerging, but confirmation is critical before this scenario can play out. As Ripple (XRP) continues to move within a high-timeframe ascending channel, the asset is now testing a critical support zone that could define its next major direction. Technical confluence between Fibonacci levels, historical market structure, and key volume nodes is forming a compelling case for a potential rally, if buyers can confirm support in the…
Lagrange announced it has been selected to join NVIDIA’s Inception Program, marking a signficant milestone as it is the first company combining artificial intelligence and zero‑knowledge proofs to earn a spot among the accelerator’s startups. Lagrange, renowned for its zero‑knowledge machine learning platform, DeepProve, has joined NVIDIA’s Inception Program, crypto.news can exclusively report. As a member of Inception, Lagrange gains access to NVIDIA’s suite of resources, ranging from specialized training modules and hardware discounts to cloud credits, developer networks, and industry visibility. Scaling Trust‑worthy AI With support from NVIDIA Inception, Lagrange is accelerating development of DeepProve, which enables transparent, verifiable…
Astar Network’s token ASTR has been fully integrated into both Superchain via ERC-7802 and Chainlink CCIP, making it the first token contract to achieve full interoperability under both protocols. According to a press release shared with crypto.news, Astar (ASTR) Network’s integration allows the token to move through its Polkadot-based layer 1 on the Soneium blockchain and eventually into other Optimism-based Superchains. This opens the door for Astar to enter networks such as Base, OP Mainnet, and World Chain. When Optimism’s Superchain interoperability launches, users will be able to transfer tokens to any Superchain network in just two clicks, streamlining cross-chain…