Author: Isabella Taylor
IOTA’s upcoming Rebased upgrade could be its most ambitious yet, replacing centralization with decentralization and unlocking smart contracts for a future-ready blockchain. On May 5, IOTA will activate Rebased, a protocol upgrade that marks the project’s most ambitious departure from its original architecture since its inception in 2015. More than just a technical milestone, Rebased appears to be a foundational pivot — one that replaces legacy components, modernizes the network stack, and reframes the network’s broader identity in the crypto landscape. Once branded as a “blockchain without blocks,” IOTA’s earlier value proposition hinged on the promise of a feeless, scalable…
The Terra Luna Classic token crossed a crucial resistance level ahead of two crucial milestones in its network. Terra Luna Classic (LUNC) price rose to a high of $0.00006430, its highest level since March 28. It has jumped by almost 40% from the lowest level this year. The uptrend may continue as the network’s burn rate accelerates. According to LUNC Metrics, the network has burned 205.3 million tokens over the past seven days. Since May 2022, LUNC has burned a total of 408.2 billion tokens, bringing the circulating supply down to 5.45 trillion. If this pace continues, total burns are…
Crypto exchange OKX has appointed Jonathan Brockmeier, a former compliance officer at fintech firm Thunes, as its new Chief Compliance Officer. OKX announced the leadership change on April 24, confirming that Brockmeier is officially stepping into the role. He replaces Vanessa Zhang, who is departing the company, according to OKX founder Star Xu. Brockmeier previously helped establish the Americas Compliance Department at Singapore-based payments platform Thunes. He also held a compliance leadership role at global payments firm Zepz. Commenting on the appointment, Xu stated: “Jonathan brings an exceptional track record in global regulatory leadership, deep expertise in financial compliance, and…
Is OpenAI building the next internet-scale company, or is its $174 billion forecast facing pressure from rivals who’ve opted for openness and speed over vertical integration? OpenAI’s $174 billion vision for 2030 In an industry where bold bets often blur the line between foresight and fantasy, OpenAI’s internal projections for the next five years are ambitious even by Silicon Valley standards. According to The Information, the company behind ChatGPT has informed investors that it expects to generate $125 billion in revenue in 2029 and $174 billion in 2030. These figures would place it in the same revenue orbit as current…
Eugene William Austin Jr., also known as “Hugh Austin,” was sentenced to 18 years in prison for leading a multi-year scheme that defrauded more than two dozen victims out of $12 million. His son, Brandon Austin, was previously sentenced to four years in connection with the fraud, according to the Justice department. According to U.S. Attorney Jay Clayton, Austin’s operation targeted entrepreneurs and investors by offering fake cryptocurrency deals, short-term investment opportunities, and phony brokerage services. He also promised funding from supposed wealthy backers, none of which materialized. Victims were misled into believing their money was being invested, but the…
Pepe price has jumped to a crucial resistance level this week as the crypto market recovers. On-chain data, smart money flows, and technical signals point to a potential surge toward $0.0000172. Pepe Coin (PEPE) jumped to a high of $0.000009178 on Wednesday, up by over 75% from its lowest level this year. The rally coincides with a steady rise in the number of whales holding PEPE over the past few months. According to Santiment, the number of addresses holding between 10 million and 100 million coins has increased to 117,000, up from 106,000 on January 1. Similarly, those holding between…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With the launch of DEX+, MEXC is merging the best of centralized and decentralized exchanges to offer traders seamless, secure, and intuitive access to over 10,000 on-chain assets. The future of trading is taking shape, and it’s clear that traders, both veterans and newcomers, want greater control over their assets. Decentralized trading is no longer a niche experiment; it’s an inevitable evolution. Yet the road to mass adoption is riddled with obstacles. Chief among those? Fragmented liquidity, security vulnerabilities…
Ondo Finance met with the U.S. SEC’s Crypto Asset Working Group to present a regulatory framework for tokenizing publicly traded U.S. securities. The meeting, also attended by lawyers from Davis Polk & Wardwell, focused on how existing financial rules might apply to wrapped, tokenized securities on blockchain networks, according to an SEC memo. According to SEC documentation, Ondo Finance (ONDO) outlined its proposed structure for tokenized securities, raising issues tied to registration, broker-dealer compliance, market regulation, and state corporate law. The firm also discussed potential sandbox arrangements or relief measures that could support innovation while maintaining investor protections. Ondo’s leadership…
CME Group has announced plans to launch XRP futures, with the derivatives marketplace eyeing a debut date of May 19, 2025. In an announcement, the CME Group said the unveiling of XRP (XRP) futures, set to offer access to both micro and larger-sized contracts, awaits regulatory review. Once live, the new products will allow investors to trade micro-sized contracts of 2,500 XRP or larger-sized contracts of 50,000 XRP. CME’s announcement comes less than two months after the company launced SOL futures. Having also pioneered with Bitcoin (BTC) and Ethereum (ETH) futures, CME recently revealed plans to unveil spot-quoted futures for…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Pi Coin spirals downward, investors are jumping ship, turning their sights to Yeti Ouro, a rising contender making waves with strong presale returns and a promising gaming platform. Pi is again in the news, and not for good reasons. It seems like the crypto coin is failing every day, leading investors to switch and look for other options. In the meantime, Yeti Ouro (YETIO) is gaining traction in the market due to its high investment returns during presale…