Crypto News

Alpen Labs has introduced the bitcoin dollar (BTD), a bitcoin-collateralized stablecoin built on zero-knowledge rollup technology, aiming to provide a censorship-resistant alternative to centralized stablecoins. ZK Rollups Power Alpen’s New Bitcoin-Backed Stablecoin The bitcoin dollar (BTD) will operate as an over-collateralized stablecoin pegged to the U.S. dollar, using bitcoin ( BTC) as its sole backingSource link

Superstate, the tokenized asset management firm behind the $650 million USTB token, is moving into stock tokenization with a new blockchain-based marketplace for public equities, first available on Solana (SOL).The platform, called Opening Bell and unveiled on Wednesday, allows companies to create tokenized versions of SEC-registered shares—not derivatives or synthetic assets—and trade directly on blockchain rails.Unlike current practices that rely on centralized stock exchanges and multi-day settlements, Opening Bell supports real-time, around-the-clock trading and programmable securities. The platform targets both already public firms on traditional stock exchanges and late-stage private companies seeking access to liquidity.Canadian investment firm SOL Strategies said it plans to be the first issuer on the platform, listing its stock for on-chain trading on Solana pending regulatory...

The world's biggest crypto exchange will buy the world's leading options exchange.Source link

A report by Solidus Labs has revealed the alarming scale of fraudulent activity on the Solana blockchain, with 98.6% of tokens launched on Pump.fun being chalked down as rug pulls or pump-and-dump schemes.More than seven million tokens have been issued on Pump.fun since its inception in January 2024, with just 97,000 of those maintaining at least $1,000 in liquidity, the report added.Pump.fun is a token creation platform that lets users issue new crypto tokens on the Solana blockchain at a very low cost.The largest rug pull Solidus Labs identified over the time period was worth $1.9 million and was related to MToken.Whilst the crypto industry has progressed and moved on following the spectacular implosion of FTX, hacks and scams are...

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