Crypto News

The Open Platform (TOP), a key developer for the Telegram-backed TON blockchain, has raised $28.5 million in a Series A round, bringing its valuation to $1 billion. The funding will expand TON’s wallet and apps into the U.S. and European markets. Telegram-Linked Crypto Startup TOP Becomes Unicorn with Latest Raise Telegram’s growing blockchain ambitions justSource link

The crypto market experienced a turbulent week, with bitcoin briefly surpassing $110,000 before ending with a modest 0.4% gain. BTC on Cusp of New All-Time High The broader crypto economy navigated a volatile week, with bitcoin (BTC), the flagship digital asset, once again testing the $110,000 level before concluding the week with a modest 0.4%Source link

Europe’s largest asset manager is sounding alarms as U.S.-regulated stablecoins surge, threatening to erode dollar dominance and destabilize global money flows at massive scale. US Dollar’s Global Role Challenged by Surge in Regulated Stablecoins A sweeping shift in global financial dynamics could be triggered by the U.S. push to regulate dollar-backed stablecoins, prompting fears ofSource link

Mercado Bitcoin is unleashing over $200 million in real-world asset tokenization on XRPL, igniting a bold expansion into global finance across South America and Europe. Ripple and Mercado Bitcoin Join Forces to Scale Global Finance on XRPL Ripple revealed on July 4 that digital asset platform Mercado Bitcoin (MB) announced last week its plans toSource link

Bybit is hitting Indian crypto traders with an 18% GST and widespread service shutdowns as strict new regulations reshape the nation’s rapidly evolving digital asset landscape. Bybit Hits India With 18% GST as Multiple Crypto Services Begin Final Shutdown Cryptocurrency exchange Bybit is introducing higher transaction costs for Indian users, as it prepares to implementSource link