Author: John Smith

Polygon co-founder Sandeep Nailwal has been appointed CEO of the project’s foundation, marking a strategic shift to accelerate decision-making and double down on scaling AggLayer. Sandeep Nailwal, co-founder of Polygon (POL), has been appointed CEO of the project’s foundation. The move aims to speed up decision-making amid increasing competition in the blockchain industry, Nailwal said in Bloomberg interview. He noted that before his appointment, the foundation’s institutionalized and decentralized decision-making had introduced “all sorts of slowness” into the operations. Additionally, Nailwal’s appointment stems from a growing unrest within the Ethereum (ETH) community regarding its strategy, which heavily depended on Layer…

The layer-1 blockchain Sui is gaining fresh momentum, edging closer to reclaiming its $2 billion total value locked (TVL) milestone as positive developments ripple through the ecosystem. According to DeFiLlama data on June 10, 2025, the total value locked on… Source link

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Neo Pepe Coin is flipping the memecoin script by combining viral appeal with real utility, smart contracts, and BNB-inspired strategy. The world of cryptocurrency has seen its fair share of memecoins rising to prominence. But every so often, one emerges with staying power, blending humor and utility in ways that capture both hearts and portfolios. Enter Neo Pepe Coin, the new player in the meme token universe that’s turning heads for more than just its hilarious branding. But what…

A cybercriminal group known as Rare Werewolf is running a targeted phishing campaign against Russian and CIS-based companies, hijacking devices to mine crypto and steal sensitive data. Kaspersky’s research revealed that the APT group Rare Werewolf, also known as “Librarian Ghouls” and “Rezet,” has remained consistently active through May, carrying out a relentless campaign that targets organizations across Russia and the CIS. The group uses phishing emails disguised as communications from legitimate organizations to deceive victims into opening malicious attachments. Once these files are executed, the attackers gain remote access to the device, exfiltrate sensitive data (such as credentials and…

Ondo Finance has launched its flagship tokenized U.S. Treasuries product, OUSG, on the XRP Ledger, marking a major step forward in institutional-grade decentralized finance. According to a June 11 announcement on Ripple’s blog, qualified purchasers can now mint and redeem OUSG tokens around the clock using the RLUSD stablecoin as the settlement asset. OUSG, short for Ondo (ONDO) Short-Term U.S. Government Treasuries, provides exposure to low-risk, short-duration Treasury bills via tokenized money market funds.  With more than $670 million in total value locked across chains and $30 million already on XRP (XRP) Ledger, it’s one of the largest tokenized Treasury…

User reports about a temporary halt in XRP withdrawals on Binance recently stirred concerns across the community. However, Binance has denied the claims, confirming that XRP withdrawals are functioning normally. The confusion began when a few community members on X reported that XRP (XRP) withdrawals were suspended on Binance, accompanied by a screenshot of a message reportedly shown when attempting a withdrawal. “Your withdrawal is being processed as Ripple’s network is suspended at this moment,” read one widely circulated post. The false reports quickly gained traction, echoing past incidents such as the temporary XRP withdrawal pause reported in late 2024…

Bullish, a crypto exchange backed by Peter Thiel, has confidentially filed for an initial public offering, joining a growing wave of digital asset firms looking to tap public markets. Peter Thiel-backed crypto firm Bullish has confidentially filed for an IPO in the United States, according to people familiar with the matter. The filing was made with the Securities and Exchange Commission in recent weeks, as reported by the Financial Times. Jefferies is set to serve as the lead underwriter for the upcoming offering. This marks Bullish’s second attempt to go public after a failed SPAC merger in 2021. The deal…

Analysts are strengthening the outlook for more altcoin ETFs as market anticipation heightens, suggesting if, when, and which are likely to get regulatory approval. According to Bloomberg analyst James Seyffart on June 10, 2025, the odds of more altcoin ETFs getting approved are rising. The growing optimism follows the SEC’s formal acknowledgment of several 19b-4 filings from major issuers, including Grayscale, VanEck, Franklin Templeton, and 21Shares. While the commission’s timeline for approval and decision remains uncertain, Seyffart estimates that regulators will likely greenlight the majority of pending crypto ETFs in early Q4, 2025. Top of the list are Solana Solana (SOL)…

The US state of Louisiana has passed House Resolution 317 to establish a legislative subcommittee to study the impact of cryptocurrency, blockchain technology, and artificial intelligence. Introduced by Representative Mark Wright, the resolution was adopted following a June 10 Regular Session of the House of Representatives, where it passed with unanimous support in a 90–0 vote. HR 317 creates a new subcommittee under the House Committee on Commerce to assess how emerging technologies are shaping the state’s economy, legislation, and daily life. The subcommittee is required to begin its work before September 1, 2025, and submit a final report by…

A Hyperliquid wallet linked to internet personality Andrew Tate showed that the influencer lost around $600,000 in leveraged funds, despite initially claiming he had a 138% gain in ETH long. Traders were able to track down the former kickboxer’s Hyperliquid address after Andrew Tate bragged about his 138.5% gain on Hyperliquid (HYPE) and shared his referral code on a recent X post. The post has since been deleted, however it was already too late. Crypto traders were able to find his address in record-time and found that he had lost around $600,00 in leveraged ETH (ETH). “Andrew Tate just showed…