PEPE surpasses $40M in trading volume on Solana via Sunrise
PEPE, the frog-themed meme token born on Ethereum, crossed $40 million in trading volume on Solana within roughly a day of its debut on the network. The token arrived via Sunrise, an asset orchestration layer built on Wormhole infrastructure, and traders…
Banque Internationale à Luxembourg seeks €2.5–3B sale under Chinese ownership
Luxembourg’s oldest private bank is on the block, and the price tag tells a compelling story about how much value can be built (or simply inflated) in less than a decade of ownership. Banque Internationale à Luxembourg, better known as BIL, is being…
XRP Went From 50 Cents to $3.40 After the Last Election. What History Says About the Midterms.
Quick Read XRP surged 560% from 50 cents to $3.40 after the 2024 election but has since fallen back to roughly $1.41, erasing most of those gains. The 2024 surge combined Ripple’s specific SEC lawsuit resolution with a broad crypto risk bid, two…
Ethereum sees 13.6x more ETH waiting to be staked than exited
Ethereum’s validator queues are telling a pretty clear story right now: everyone wants in, and almost nobody wants out. The ratio of ETH waiting to enter staking versus ETH waiting to exit has hit 13.6x, a lopsided figure that reflects just how eager…
Ukrainian drones strike near Moscow, killing two civilians
Ukrainian drones targeted areas near Moscow, resulting in the deaths of two civilians and additional injuries, according to reports from RT. The attack, described as part of a larger offensive, was intercepted by Russian defenses but highlighted the…
Saudi Arabia withdraws from China’s digital currency payment system
Saudi Arabia has officially pulled out of mBridge, the China-led cross-border payments platform built on central bank digital currencies and distributed ledger technology. The Saudi Central Bank, known as SAMA, completed its minimum viable product proof…
Polymarket CEO reportedly told staff to prioritize growth over compliance amid massive fraud probe
Polymarket CEO Shayne Coplan reportedly told employees to keep chasing growth even as stolen debit card fraud was draining through the platform at industrial scale, suggesting the company could simply pay a fine if regulators came knocking. The alleged…
Yemen government condemns Houthi attacks on Riyadh, blames Iran for support
Yemen’s internationally recognized government has condemned the recent attacks on Riyadh, attributing the assaults to the Houthi movement and accusing Iran of providing them with military support. The condemnation comes amid escalating tensions in the…
CXMT unveils 24-Gbit LPDDR5X products using new platform
ChangXin Memory Technologies, China’s homegrown DRAM champion, has announced the launch of 24-Gbit LPDDR5X memory products built on a new platform. What CXMT is actually building The LPDDR5X lineup from CXMT spans 12Gb and 16Gb dies, with packaged…