Crypto News

Crypto.com has greenlit the controversial re-minting of 70 billion CRO tokens, overriding widespread community opposition with a last-minute surge in validator votes controlled by the exchange. Crypto.com Re-Mints 70 Billion CRO Tokens After Last-Minute Vote Surge Crypto.com has pushed forward a highly contentious proposal to re-mint 70 billion CRO tokens, previously burned in 2021, despiteSource link

The Department of Justice has dropped its case against the founder of crypto social network BitClout, following the SEC's earlier move.Source link

Crossmint, a blockchain infrastructure firm helping companies build on-chain applications, has raised $23.6 million in funding.The company, which has over 40,000 users, aims to simplify blockchain adoption by enabling firms to integrate wallets, tokenization, and payments with minimal code, according to a statement on Tuesday. Crossmint users, including big brands Adidas and Red Bull, use the platform to transition their operations on-chain.Crossmint is also building a framework for artificial intelligence-driven commerce, providing wallets and payment APIs for AI agents. "AI agents are reshaping commerce. Soon, they will autonomously manage tasks like grocery shopping or personal styling," said Alfonso Gomez-Jordana, co-founder of Crossmint. "Traditional payment systems weren’t designed for AI agents—but blockchain is."Ribbit Capital led the investment round with additional participation...

Multi-signature wallets boost security for crypto treasuries by requiring several parties to approve a transaction instead of just one.Source link

Bitcoin and global cryptocurrency markets retreated in tandem with U.S. equity benchmarks on Tuesday, as bearish sentiment gripped financial markets. The digital asset ecosystem contracted by 1.89% over 24 hours, slipping to $2.67 trillion, with BTC briefly dipping to $81,138 during trading hours. Bitcoin Battles Bears: $224M Liquidation Frenzy Erupts Amid Fed Policy Jitters ASource link