Author: John Smith

Hedera Hashgraph token is at risk of a 27% crash as the supply of stablecoins in its ecosystem plummets. Hedera (HBAR) has already declined by more than 57% from its highest point this year, mirroring the broader weakness across the cryptocurrency market. Third-party data shows that the network’s stablecoin supply saw a sharp reversal this week, dropping to $50 million on Tuesday, down from a monthly high of $214 million. A falling stablecoin supply is often viewed as a red flag for a layer-1 or layer-2 network, as it signals waning user activity. It also implies lower transaction fee revenue.…

The new SEC Chairman Paul Atkins has outlined fresh goals for the crypto industry under his leadership. In his testimony before the United States Senate Appropriations Subcommittee on June 3, 2025, the newly appointed chairman of the Securities and Exchange Commission (SEC) laid out his intention to establish a clear and comprehensive regulatory framework for the crypto sector. Atkins noted that ambiguous and nonexistent rules have inhibited industry advancement, emphasizing that his tenure will address the gap to promote innovation while protecting investors. “A key priority of my Chairmanship will be to develop a rational regulatory framework for crypto asset…

Swedish crypto asset manager Virtune becomes the first entity to launch an ETP on Xetra that tracks the Coinbase 50 Europe Index, providing exposure for up to 50 crypto assets. According to a press release sent to crypto.news, Virtune’s latest ETP is now trading on Deutsche Börse Xetra, one of the most prominent trading venues in the European market. Traders can access the product on Xetra marked under the ticker VRTC and VCOIN50 on Bloomberg. The exchange-traded product is 100% physically backed and offers traders exposure to 21 crypto assets upon launch, becoming the first ETP to track the Coinbase…

Binance has reprimanded on-chain traders who use bots to obtain Alpha Points illegally, warning that they would revoke Alpha Points of accounts caught violating the rule. In a recent notice, the crypto exchange has taken a firm stand against traders who deploy bots in order to gain points in its Alpha rewards program. After detecting a number of bot-related activities, the team has decided to ban the use of trading bots on its platform for the sake of fairness. “Any use of bots — including but not limited to scripts, automation tools, or other non-manual methods — will be treated…

Ethena’s native token has remained unfazed by its recent 40 million token unlock, with bullish technicals now pointing to a potential rally toward $1 in the coming months. According to data from crypto.news, Ethena (ENA) was trading at $0.34 on Wednesday, June 4, afternoon Asian time, holding on to gains of over 36% from its year-to-date low. Its market cap was seated at nearly $2 billion with a daily trading volume of $273 million as of press time. While the token still trades about 77% below its all-time high, several upcoming developments suggest Ethena could be poised for a strong…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Uniswap strengthens its DeFi dominance through growing L2 adoption, while Lightchain AI captures rising interest from strategic investors ahead of its mainnet launch. Uniswap continues to gain protocol volume, strengthening its position as a leading decentralized exchange with growing user activity. Meanwhile, Lightchain AI is drawing a different kind of attention, speculative interest from real market movers and strategic investors. Having completed all 15 presale stages and now entering the Bonus Round, Lightchain AI is gaining momentum through its…

Sui is rapidly climbing the DeFi ranks, now boasting over $1.75 billion in TVL with growing stablecoin liquidity and rising adoption. Since its launch, the layer 1 blockchain Sui has been on a strong upward trajectory, making waves in the decentralized finance space. Once a newcomer, the move language-powered network has solidified its place as a serious contender, recording explosive growth across the ecosystem. According to DeFiLlama data, Sui has surged to over $1.75 billion in total value locked (TVL), edging closer to its $2 billion peak from earlier in the year. This positions the network among the top 10…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. DeFi is under attack—but not from the threats the industry is used to defending against. While developers meticulously scan lines of code for vulnerabilities, attackers have shifted tactics, exploiting economic weaknesses that lie unnoticed beneath flawless programming.  For instance, the JELLY token exploit on Hyperledger, where attackers were able to siphon over $6 million from Hyperledger’s insurance fund, is a prime example. That exploit wasn’t caused by coding errors at all, but by gameable incentives and unpriced…

Ethereum appears to be gaining momentum again, supported by growing institutional interest and a potential shift in market sentiment.  At press time, Ethereum (ETH) is trading at $2,634, up 1.2% in the past 24 hours. This comes after a minor pullback from its local high of $2,771 set on May 29, which saw ETH drop to $2,482 before recovering. Notably, ETH is still up 44% over the past 30 days, making a solid comeback after a 45% drop in Q1 2025.  New on-chain data from Lookonchain, shared on June 3, shows that BlackRock recently reduced its Bitcoin (BTC) holdings in…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the Dogecoin price falls amid a broader market correction, investors are diversifying their positions with this AI-backed utility token to make quick gains. As the market entered a pullback recently, many investors expect the Dogecoin price to correct to sub-$0.10 levels to make significant returns in the upcoming bull season. Meanwhile, DOGE holders who are losing capital with this decline are moving their funds to the emerging AI project Unilabs (UNIL), which is showing remarkable potential with its…