Author: NBTC
The Venom Foundation has issued a public call to central banks and financial regulators across Southeast Asia to collaborate on developing compliant digital financial systems. The initiative aims to align with national priorities and promote regional interoperability using blockchain infrastructure. The Foundation addressed key institutions, including the Monetary Authority of Singapore, Bank Negara Malaysia, Bangko Sentral ng Pilipinas, and the State Bank of Vietnam. It outlined its proposal for a sovereign-compatible Layer-0 blockchain designed to support cross-border payments, real-time settlements, and regulatory transparency at scale. Southeast Asia is experiencing rapid growth in digital payments, projected to reach 765 billion transactions…
American multinational tech company Meta has made a significant investment in Scale AI, the>The $14.3 billion investment acquired a 49% stake in Scale AI, raising its valuation to over $29 billion. This is Meta’s second-largest investment, following its $19 billion WhatsApp acquisition in 2014. My note to Scale employees today— pic.twitter.com/JKi35Yhvi1 — Alexandr Wang (@alexandr_wang) June 13, 2025 Scale AI announced that Wang would continue to serve as a director on the company’s Board of Directors, with the firm’s Chief Strategy Officer, Jason Droege, stepping into his shoes as interim CEO. In a tweet, Wang shared a note to employees,…
Bitcoin’s CAGR jumps from 7% to 31% as price rallies 46% in under two months, signaling renewed long-term bullish momentum. Analyst Axel Adler Jr forecasts BTC could hit $168K by October 2025 if leverage and futures momentum continue. Bitcoin’s strong performance in April and May has reignited hopes for a major bullish breakout. From April 9 to May 22, the Bitcoin price surged by 46.32%, including an 18.48% rally between May 5 and 22. The price recovery has also pushed its Compound Annual Growth Rate (CAGR) higher, signaling renewed market optimism. BTC CAGR Spikes as Price Recovers Crypto analyst Axel…
Broken Bound, a prominent cross-chain platform known for Memcoins liquidity services, announces a trailblazing collaboration with Orbler. Through this strategic collaboration, both Fintech firms are aimed at accelerating Web3 innovation and elevating cross-chain liquidity. In addition to that, Broken Bound is all set to unveil the next wave of decentralized finance (DeFi) innovation by shaking hands with Orbler. 🚀 Exciting Partnership Alert!@Orbler1 🤝 @Broken_Bound_We’re joining forces to supercharge Web3 growth and liquidity!🌐 @Orbler1 drives community engagement through missions & staking💸 Broken Bound boosts Memecoin liquidity with cross-chain financeTogether, we’re… pic.twitter.com/tdAOUy141C — Broken Bound (@Broken_Bound_) May 29, 2025 Boosting Web3 Growth…
Ethereum (ETH), the second-largest cryptocurrency by market cap, has often been a slow mover compared to Bitcoin. Many in the crypto world have been frustrated with its high gas fees and regulatory challenges. But according to analysts, ETH might finally be gearing up for a big move and it could surprise everyone. Analyst Datadash recently shared that Ethereum is his biggest crypto investment right now. The price is setting up for a strong breakout after months of slow price movement. ETH, which dropped from its all-time high of around $4,800, has managed to hold key price levels and is showing…
Pseudonymous marketing lead of the Shiba Inu team, known to the SHIB community as Lucie, has published an important tweet to warn the SHIB army about possible dangers and threats they may face while using Shibarium and the tokens that are part of its ecosystem. She also reminded the community about the basic characteristics of the Shiba Inu meme coin. As she did it, the SHIB burn rate skyrocketed, demonstrating a four-digit growth today. Lucie’s warning to the SHIB army The SHIB’s marketing expert published an AI-generated image of herself in a cartoon style, meditating, with smaller images of Shibarium…
Argentina’s anti-corruption unit has cleared President Javier Milei for his involvement in the debut of the LIBRA meme coin, according to a court filing on Friday, although a criminal probe is still underway. The office said that the president was acting in a personal capacity when he posted about the cryptocurrency earlier this year, and concluded that there was no wrongdoing. President Milei in February advertised LIBRA on X (formerly Twitter), saying the cryptocurrency could benefit Argentina. LIBRA peaked at $4.50 after debuting before falling by 90% to below $.50, according to the crypto analytics platform DexScreener, prompting investors to…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. BingX has launched a $150 million self-funded Shield Fund to provide real-time protection for users against cyber threats and market volatility, reinforcing its focus on security and transparency in crypto trading. PANAMA CITY, June 5, 2025 – BingX, a leading global cryptocurrency exchange and Web3 AI company, has introduced the Shield Fund, a permanent $150 million safety reserve dedicated to safeguarding users against unforeseen cyber threats and extreme market volatility. Unlike conventional insurance models, the Shield Fund…
Bitcoin mining firm BitFuFu posted a record-setting month in May, boosting its hashrate under management to 34.1 exahashes per second (EH/s) and producing 400 BTC, up 91% from April. Most of that production came from cloud-mining clients, who generated 357 BTC, while the remaining 43 BTC came from BitFuFu’s self-mining operations. The increase was largely attributed to a full month’s use of additional machines deployed in late April. More hardware was added at the end of May, setting the stage for potential gains in June. Hashrate under management jumped 20.5% from April and now includes 4.2 EH/s of self-owned capacity…
Chainlink’s blockchain protocol facilitated a simulated exchange between Hong Kong’s prototype central bank digital currency (CBDC) and an Australian dollar stablecoin in Phase 2 of the e-HKD+ Pilot Programme. Chainlink Enables Direct e-HKD to Australian Stablecoin Exchange in Test The Hong Kong Monetary Authority (HKMA) initiative involves Visa, ANZ, Fidelity International, and ChinaAMC Hong Kong testing cross-border transactions using tokenized assets. The experiment demonstrated how Australia-based investors could acquire Hong Kong money market fund (MMF) units using either the e-HKD or tokenized bank deposits. Source: Visa “Interim Report: e-HKD Pilot Programme Phase 2” study. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) connected…