Crypto News

This content is provided by a sponsor. Bitget, the world’s leading cryptocurrency exchange and Web3 company, has been spotlighted in a newly released CoinDesk Market Data Deep-Dive report for its breakout performance across trading volume, institutional adoption, and liquidity leadership. Between November 2023 and June 2025, Bitget recorded a cumulative $11.5 trillion in derivatives volume,Source link

Solana developers are pushing a major consensus overhaul with the Alpenglow proposal, now in the validator voting stage.Just over 10% of validators have backed the upgrade as of European morning hours on Thursday, a tracker shows, with over 88% of eligible participants yet to cast their choice.If passed, it would replace Proof-of-History and TowerBFT with a faster, more resilient design centered on two new components: Votor and Rotor.Proof of history is Solana’s existing consensus mechanism. It timestamps transactions, allowing validators to determine the correct order without wasting time on syncing (which creates a slower network). TowerBFT is the network’s voting system. Validators use previous votes as a guide, helping them quickly agree on the next block while resisting attacks.The big...

Fernando Haddad, Brazil’s finance minister, recently criticized the so‑called “weaponization” of the U.S. dollar, warning of its pernicious effects on the currency’s reserve status. Haddad also said Brazil would challenge the 50% tariff regime in court. Brazil Criticizes Dollar Weaponization Trend, Vows to Fight Tariffs in Court The government of Brazil has criticized the TrumpSource link

Buying the YZY token apparently linked to Ye, the rapper formerly known as Kanye West, ended in tears for more than 70,000 wallets, Bubblemaps, a blockchain data visualization tool, said in a post on X.The Solana-based memecoin's debut last week was part of a “YZY Money” ecosystem plan, which included payment rails and a branded card.On-chain data, however, suggests that insider and early wallets, combined with thin liquidity and rapid speculation, resulted in a launch where whales extracted millions, while the crowd shouldered nearly all of the losses.More than 51,800 addresses appear to have lost between $1 and $1,000, another 5,269 are down $1,000 to $10,000, and 1,025 wallets shed $10,000 to $100,000, according to Bubblemaps' data.At the top of...

Sygnum announced it arranged a $50 million BTC‑backed syndicated loan for Ledn, with a portion of the facility tokenized using Sygnum’s end‑to‑end issuance platform, marking a further step toward tokenized private credit for institutional and qualified investors. The transaction, described as 2x oversubscribed, follows Sygnum’s August 2024 issuance of the industry’s first BTC‑backed syndicated loanSource link