Crypto News
Here’s Why ICON Rebranded to SODAX and Abandoned its Layer-1
The last time ICON (ICX) was making headlines, it was at the height of the ICO bubble when it was competing with Tron and Filecoin to buy BitTorrent in a high-profile bidding war.ICON, once heralded as the “Korean Ethereum,” peaked early in 2018 but later struggled to retain relevance amid fierce competition and a changing narrative.Now, ICON is back in the news, as it recently announced that it has rebranded to SODAX and is migrating its entire DeFi infrastructure from its own Layer-1 blockchain to Sonic, an EVM-compatible network focused on high-speed, low-cost transactions.Sonic itself is a product of a rebrand, shifting from the name Fantom in 2024.In an interview with CoinDesk, ICON founder Min Kim explained the logic behind...
Polymarket Bettors Put 56% Odds on Trump Eliminating Capital Gains Tax
Polymarket bettors currently place a 56% probability on U.S. President Donald Trump abolishing the long-term capital gains tax in 2025. Though Trump has yet to address the matter directly, policy documents aligned with his agenda—as well as proposals from right-leaning think tanks—have consistently championed a dramatic reduction of the capital gains tax. Trump Tax Twist?Source link
Sweet Introduces ‘Sky Slam’ Basketball-Themed Mini-Game Ahead of $SCOR Token Launch
New York, New York, 12th May 2025, GamingWireSource link
Lazarus Group’s Liquidation Spree Drops North Korea Below Bhutan in BTC Holdings
After the Royal Government of Bhutan quietly rearranged portions of its bitcoin holdings—holding 7,486 BTC on May 2—some 4,576 BTC has since returned to its reserves, bringing the kingdom’s total stash to 12,062 BTC ten days later. Meanwhile, North Korea’s Lazarus Group has been actively trimming its holdings, falling below Bhutan in the hierarchy ofSource link
Leemon Baird on Hedera’s Technical Gambit and AI’s Future
Leemon Baird first published his work on hashgraph consensus in 2016, positioning it as an alternative to traditional blockchain architectures. With a background in computer science and a career spanning both academia and industry, Baird co-founded Hedera to commercialize the technology.His academic trajectory is notable for his early work in neural networks and reinforcement learning during the 1990s, a period when AI research was navigating what would later be called the "AI winter." Since then, the Hedera project has evolved in a landscape crowded with competing distributed ledger approaches, each claiming technical superiority and targeting different segments of the market.Baird, a speaker at Consensus 2025, transitions easily between technical explanations and business strategy, reflecting the dual challenges of building both...