Avalanche’s native token, AVAX, saw a near 5% price surge over the past 24 hours as the blockchain network celebrated two major milestones. The Avalanche Foundation shared details of the impressive growth, marking May 11, 2025 as a standout day for the platform. Milestones Achieved: Daily Transactions: Avalanche hit an all-time high of 10.8 million…
Pump.fun, the largest memecoin launchpad on Solana (SOL), has unveiled a groundbreaking revenue-sharing model designed to support token creators and reduce token dumping. In an announcement made on May 12, the platform declared that it will now distribute 50% of all trading fees generated by memecoins directly to their creators. How the Revenue-Sharing Model Works…
Uniswap, the pioneering decentralized exchange (DEX), has reached a historic milestone by surpassing $3 trillion in total trading volume. Founder Hayden Adams shared the achievement on May 12 in a post on X, thanking the community for its ongoing support and hinting at even bigger goals in the future. The announcement included an infographic from…
Bitcoin (BTC) has surged past the $105,000 mark following a significant breakthrough in trade negotiations between the United States and China. According to a joint statement released on Monday, the two global superpowers have agreed to dramatically reduce tariffs on each other’s goods for a period of 90 days, signaling a potential de-escalation of economic…
Cryptocurrency custodian BitGo has officially secured a Markets in Crypto-Assets Regulation (MiCA) license from Germany’s Federal Financial Supervisory Authority (BaFin). This milestone enables BitGo to offer regulated crypto services across the European Union, marking a significant expansion of its operational footprint in Europe. The announcement, shared in a blog post on Monday, confirms that the…
The Bank of Korea (BOK) has called for legal authority over the approval of won-based stablecoins, warning that such digital currencies could disrupt the country’s monetary policy if they are treated like legal tender. In a statement reported by BusinessKorea, a senior official from the central bank emphasized that monetary authorities must be involved from…
Strategy, formerly known as MicroStrategy, has announced the purchase of an additional 13,390 Bitcoin for approximately $1.34 billion, as detailed in a May 12 SEC filing. This acquisition brings the company’s total Bitcoin holdings to 568,840 BTC, valued at over $59 billion at current market prices. Executive Chairman Michael Saylor shared the news on X,…
Gold surged past the $3,500 mark for the first time in history on Tuesday, marking a new record high as investors sought safe-haven assets amid escalating global economic uncertainty. Spot gold reached a peak of $3,500.01 (£2,620), continuing a relentless rally that began at $2,623 an ounce at the start of 2025. The surge comes…
Leading NFT marketplace OpenSea has called on the U.S. Securities and Exchange Commission (SEC) to formally declare that platforms dealing in non-fungible tokens do not qualify as exchanges or brokers under U.S. securities laws. In a letter addressed to SEC Commissioner Hester Peirce, OpenSea requested regulatory clarity, asserting that the unique structure and operational model…
Ukraine’s Securities and Exchange Commission has proposed a 23% tax on income derived from cryptocurrency transactions, which includes an 18% personal income tax and a 5% military levy—a wartime surcharge that has been in place since the country’s ongoing conflict with Russia began. Outlined in a 32-page consultation paper, the proposal marks a major step…