ZachXBT Claims Trigger 30% Drop in LAB Price in a Day

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Crypto investigator ZachXBT has accused the team behind LAB of using opaque over-the-counter (OTC) deals, insider-controlled token supply, coordinated market-making activity, and hidden unlock structures to help drive the token’s rapid ascent to a nearly $6 billion fully diluted valuation. In a recent post on X, ZachXBT described LAB as emblematic of the problems plaguing … Read more

Unisat Scaling Solution: Fractal Bitcoin Launches Mainnet

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Fractal Bitcoin launches its mainnet, leveraging Bitcoin Core code for improved scaling The network offers block confirmations within 30 seconds and claims up to 20x increased capacity The network’s native token FB supports proof-of-work mining, with half pre-minted for allocation Fractal Bitcoin, an innovative scaling solution for Bitcoin, has officially launched its mainnet, marking a … Read more

Visa Enables USDC Settlements on the Ethereum Blockchain

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Visa becomes the first major payments network to support the USDC stablecoin and will settle transactions on the Ethereum blockchain Visa announced that it is the first major global payments network to directly support the USD Coin (USDC) stablecoin, enabling settlement of transactions on the Ethereum blockchain. This move represents a notable bridging of digital … Read more

How Binance Says Crypto Is Reshaping Emerging Markets

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Binance has published a report detailing how cryptocurrencies and digital asset infrastructure are expanding financial access in underserved regions and emerging markets. Titled “Finance Without Frontiers,” the study examines how unbanked and underbanked populations are turning to crypto for cross-border payments and broader financial inclusion. According to the report, crypto adoption has moved beyond speculation … Read more

MicroStrategy Buys 5,445 BTC After Chancer Presale Raises $2.2M

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Key Points Despite MicroStrategy’s recent BTC purchase, Bitcoin remains trading below $26,500. Chancer’s Stage 2 presale has now raised more than $2.2 million. The cryptocurrency market opened the week in a bearish mood, with most coins and tokens trading in the red over the past few days. However, that downtrend has not stopped the Chancer … Read more

Aave Gets FCA Approval to Operate Crypto Services in the UK

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Aave Labs announced on May 28 that two of its UK subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., have been registered by the Financial Conduct Authority (FCA) to operate as crypto asset exchange providers in the United Kingdom. The FCA approval also authorizes the firms to issue electronic money under the UK’s Electronic … Read more

Crypto Market Weekly Recap: Bitcoin and Altcoins Fall Amid ETF Outflows

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Crypto markets moved lower over the past seven days, led by Bitcoin as investors pulled back from risk assets. BTC began the week in the $77,000–$78,000 range but gradually lost momentum, trading nearer to $73,000 by Friday. This decline reflected a mix of macro pressures, renewed ETF outflows and thinner liquidity rather than a single … Read more

How Two Global Superpowers Are Developing National Digital Currencies

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Recent reports indicate that China plans to roll out a digital version of the yuan within the next six to twelve months. Edith Cheung, a partner at Proof of Capital, made this prediction during a CNBC appearance on November 20, expressing strong confidence in the timeline. China has reportedly been developing a virtual yuan for … Read more

Meta Launches Free AI Challenging OpenAI and Google

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OpenAI is the company behind ChatGPT, while Google created the Bard chatbot. The ChatGPT and Bard chatbots represent premium AI tools. Meta Platforms has released a free version of its artificial intelligence model. As the race for artificial intelligence (AI) accelerates, Meta Platforms — the company behind Facebook and the recently launched Threads — unveiled … Read more