The first quarter of 2025 was a turbulent period for web3, with AI and social dApps gaining traction while decentralized finance suffered a sharp decline. The total value locked in DeFi fell 27% to $156 billion, as per DappRadar’s Q1…

Tron founder Justin Sun has initiated a legal process against First Digital Trust, the issuer behind the FDUSD stablecoin, accusing it of embezzling nearly $500 million in client funds. On a Apr. 3 post in X, Sun said he had…

Tron founder Justin Sun has initiated a legal process against First Digital Trust, the issuer behind the FDUSD stablecoin, accusing it of embezzling nearly $500 million in client funds. On a Apr. 3 post in X, Sun said he had…

Cardano has launched Veridian, its open-source digital identity platform which provides a decentralized solution for both individuals and businesses. Veridian, launched on Apr.  3, gives users complete control over their data by enabling them to safely manage their digital identities.…

Solana’s price action is dividing opinion on the internet as investors and analysts alike have opposite views on this token. Some call for $200 while others feel it’s time to break the $100 barrier and reach $80. Who might be…

WisdomTree has announced the expansion of its institutional tokenized funds solution to five more blockchains. The asset management firm, which initially launched its WisdomTree Connect on Ethereum (ETH), is now looking to increase its presence across the rapidly expanding tokenization…

Shanghai-based Cango has signed definitive agreements to sell its China operations for $351.94 million in cash, marking a strategic shift towards cryptocurrency mining. Ursalpha Digital Limited, a British Virgin Islands-registered entity, will acquire Cango’s PRC business. The transaction includes an…

The National Investment Agency under the President of Kyrgyzstan has signed a Memorandum of Understanding with Changpeng Zhao. Zhao, the founder of Binance, signed the memorandum aimed at advancing the country’s cryptocurrency and blockchain ecosystem. According to the agreement, the…

An expert from Oak Security has explained what went wrong with the JELLY token exploit, which cost the Hyperliquid exchange $10.63 million. Reactions are still mounting from an exploit that cost Hyperliquid (HYPE) exchange’s users $10.63 million in losses. The…

Singapore-based fiat-to-crypto payments provider Alchemy Pay has expanded its solution with support for Hedera’s native token. The firm announced the integration of Hedera (HBAR) and USDC (USDC) on the blockchain platform on April 3, noting the on-ramp solution will allow…