Criptor

With exchanges like Coinbase and Hyperliquid looking to tokenize stocks, onchain gold continues to do well, with cumulative trading volumes at all-time highs.The trend began in April when the price of spot gold skyrocketed due to economic uncertainty driven by the United States’ tariff policies. However, now that crypto markets have recovered from their April lows, onchain gold trading activity is not only sustaining, but accelerating.Over the last two weeks, the aggregated trading volume of Tet...

The Defiant

12 hours ago

Visa Inc. is broadening its stablecoin programme from initial pilots in the United States and Asia-Pacific to Central and Eastern Europe, the Middle East and Africa, underscoring the card network’s view that digital tokens will play a growing role in global money movement.As part of the rollout, Visa has entered a strategic partnership with Yellow Card, a pan-African cryptocurrency exchange operating in more than 20 countries. The companies said they will test stablecoin-denominated cross-border...

The Defiant

1 day ago

As Chinese crypto mining rig makers Bitmain, Canaan, and MicroBT look to set up factories in the U.S. to avoid rising tariffs, Ethan Vera, Chief Operations Officer at crypto mining infrastructure provider Luxor, says the move won’t hurt Bitcoin’s network, but it could change where miners choose to invest in the future.Bitmain began U.S. production late last year, while Canaan and MicroBT are both advancing “localization strategies” to insulate themselves from the evolving trade war, Reuters repo...

The Defiant

1 day ago

The Jupiter decentralized exchange (DEX) has paused governance voting through the end of the year, citing a “perpetual FUD cycle that grows with every vote.”“The current DAO structure isn’t working as intended. We hear the complaints. We see the breakdown in trust… Instead of the DAO, holders, and team working in cohesion to push the product, platform and community forward, we are stuck in a negative feedback loop,” said Kash Dhanda, “cat-herder” of the decentralized autonomous organization (DAO...

The Defiant

12 hours ago

Kraken, a major U.S.-based cryptocurrency exchange, has launched a Bitcoin staking service through its integration with the decentralized finance protocol Babylon. The new offering allows users to stake their Bitcoin natively without the need for bridging, wrapping, or lending, which is a first for Bitcoin staking on the platform. Participants can earn rewards paid in Babylon's native token, BABY, with an annual percentage rate of up to 1%. The service features unlimited staking and weekly payou...

The Defiant

19 hours ago

Stablecoins are the lubricant that keeps the crypto industry rolling, but they come with distinct risks, according to blockchain analytics firm Chainalysis.Broadly speaking, there are two types of stablecoins: centralized ones like Tether’s USDT and Circle’s USDC, and decentralized ones like Ethena’s USDe and Sky’s (formerly MakerDAO) USDS. Each comes with different types of risk, Chainalysis said in a new report, “The Security Risks of Stablecoins: How Hackers Exploit Centralized and Decentrali...

The Defiant

1 day ago

Zora, an on-chain social network, unveiled on Friday a new token system that turns posts, creators, and the entire platform into tradable crypto assets.The system introduces two new tokens: $POST and $CREATOR. Each piece of content is minted as its own $POST token, which is linked to the creator’s $CREATOR token. All $CREATOR tokens are ultimately connected to $ZORA, the platform’s native token that launched in April.“We've designed and implemented a simple and powerful token system. + $posts pa...

The Defiant

14 hours ago