Solana-based bonk (BONK) led growth among dog-themed memes Saturday as bitcoin staged a recovery rally to above $98,000, a day after Friday’s bloodbath that pushed it near $93,000. BONK surged 30%, CoinGecko data shows, with dogecoin (DOGE), shiba inu (SHIB), dogwifhat (WIF) and floki (FLOKI) surging as much as 20%. The dog-themed token category gained […]
Tether Takes $775M Stake in Video-Sharing Platform Rumble; RUM Shares Soar 41%
YouTube competitor Rumble (RUM) is in a deal for a $775 million strategic investment from stablecoin giant Tether. Rumble will use $250 million of the money to support operations and the remainder to fund a tender offer for up to 70 million shares of its common stock at a price of $7.50, according to a […]
How Aggregation and Decentralized AI Will Completely Reshape Blockchains in 2025
The blockchain industry is on the brink of a major transformation, and 2025 will be the year everything truly starts to shift. But before we get there, it’s important to understand what’s been holding this technological revolution back. The current, traditional internet works because its infrastructure is scalable and connects users effortlessly, no matter where […]
Spot Bitcoin ETFs See Record Withdrawals as CME Futures Premium Signals Weaker Demand
The U.S.-listed spot bitcoin (BTC) exchange-traded funds (ETF) registered record outflows Thursday and the CME futures premium dropped into single digits in a sign of weakening short-term demand. Investors ended a 15-day streak of inflows by withdrawing a net $671.9 million from the 11 ETFs, the largest single-day tally since their inception on Jan. 11, […]
Aptos Labs CEO Mo Shaikh Quits; Avery Ching to Take His Place
Mo Shaikh, co-founder of Aptos Labs, announced that he’s stepping down as CEO of the company. Aptos is a layer-1 blockchain that claims to offer enhanced scalability, security and transaction speeds. The platform leverages a unique blockchain programming language called Move, which was originally created for Facebook’s shuttered “Diem” project. In a lengthy post on […]
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