Author: John Smith

Shards Protocol has secured $2 million in funding to advance Aura, its Web3 reputation system that turns on-chain activity into reputation and rewards. In a press release shared with crypto.news, Shards Protocol announced that it has raised $2 million in funding backed by Animoca Brands, Kyber Ventures, Yield Guild Games, and others. The capital will primarily fund the development and integration of their flagship product, Aura, within the Web3 ecosystem. Aura is a recognition and reputation layer that converts users’ on-chain activity into verifiable reputation and rewards. Users can flaunt their reputation scores and badges from their Web3 activities right…

Tel Aviv-based DeFi platform PriveX has officially gone live on the COTI mainnet, introducing a new approach to perpetual decentralized trading that prioritizes privacy, automation, and composability. Built for intent-based execution, PriveX enables users to trade more than 300 perpetual pairs with institutional-grade performance, all without exposing trade data on-chain. Operating on COTI’s (COTI) privacy infrastructure, PriveX aims to bring a centralized exchange-like experience to decentralized markets. Trades are executed through a private, intent-based backend powered by Symmio, which sources liquidity from both decentralized and centralized venues, including Binance. This approach protects traders from front-running and strategy leaks, while supporting…

The new Bitget Wallet integration with Solana Pay will target users in Southeast Asia and Latin America. Bitget Wallet is intensifying its efforts to bring crypto payments to millions of people across Southeast Asia and Latin America. On Wednesday, June 4, the wallet integrated with Solana Pay (SOL), enabling instant payments in USDC and Solana for millions of users, the company shared with crypto.news. The integration supports Solana Pay QR codes, specifically optimized for compatibility with national payment systems in Southeast Asia and Latin America, among other regions. Once a payment is made, transactions are settled instantly in the wallet…

Cathie Wood’s Ark Invest bets big on emerging health-tech leader, Tempus AI, with latest multi-million dollar investment. Cathie Wood, the CEO and co-founder of investment firm Ark Invest renowned for her proactive approach to asset maneuvers, is currently diversifying her portfolio with fresh acquisitions. This time, Wood’s focus is turned to the native stock of the health artificial intelligence firm Tempus AI, TEM. On May 28, 2025, Wood’s Ark funds acquired 251,080 TEM, valued at approximately $13.9 million based on the stock’s closing price as of May 30. The purchase followed a short-term dip in Tempus AI’s share price, echoing…

Ethereum is trading within a textbook ascending triangle pattern, hinting at a possible bullish breakout. With price pressing against key resistance, traders are watching for a decisive move that could ignite further upside momentum. Ethereum (ETH) has entered a critical phase within an ascending triangle formation, a pattern widely considered bullish due to its structure of rising lows beneath a horizontal resistance. This tightening range suggests a major breakout may be imminent, especially as ETH approaches the apex of the formation. With resistance at $2,800 and momentum building, the next directional move could be significant. Key technical points Pattern Formation:…

Bitcoin holds firm above $105,000 global markets brace for turbulence amid renewed cross-border tensions. Geopolitical trends often ripple strongly throughout the financial markets, not sparing assets from bloodbaths or rallies depending on the nature of the headlines. The renewed US-China tariff standoff is beginning to weigh on equity markets, with traders bracing for a potential spike in volatility as the stock markets slide. Despite the pressure, the crypto sector has held firm, led by Bitcoin (BTC) in a modest uptick in recent hours. BTC briefly climbed above $106,000 before settling to trade at its current $105,425 at the time of…

Zebec Network token has pulled back, erasing some of the gains made last week when it surged to a record high.  Zebec Network (ZBCN) price dropped to a low of $0.0041 on Tuesday, down 42% from its highest point this month. It remains 640% above the lowest point this year.   Data released by the company showed that its business is performing well in 2025. Wagelink, its payroll solution, is serving 11,000 employees across 227 companies, processing over $41 million monthly. The service simplifies how workers are paid by leveraging blockchain technology to reduce costs for companies.  Zebec Cards are also…

After a strong debut rally to $0.11, SOPH price has retraced nearly 50%, with technicals signaling further downside. Launched on 28 May, Sophon (SOPH) price rallied hard on the launch day, surging from $0.030 to $0.1108. However, it has since retraced almost 50% from that peak, currently trading at $0.056, with 24-hour volume at $415 million, down 40% in the past 24 hours. On the 1-hour chart, SOPH price broke below the 20 EMA yesterday and has since lost the previous local support at $0.60, the same area where the token broke out yesterday following the Bithumb listing announcement. It…

The China-based Webus International company is advancing its XRP treasury strategy with its latest filing to the Securities and Exchange Commission. A June 3 document shared by XRP lawyer Bill Morgan has revealed a form 6-K filing by the Chinese AI-powered mobility company, Webus International, outlining its plans to launch a dedicated XRP treasury.  The filing comes on the heels of the firm’s May 29 announcement of an initiative to raise $300 million through non-equity financing for a strategic XRP reserve, aimed at supporting its cross-border payments infrastructure. Webus has filed its form 6-K with the SEC after signing the previous…

The struggling coffee chain hopes to reinvigorate its stock price by pivoting to a Bitcoin-first strategy. Bitcoin (BTC) is becoming increasingly attractive to companies looking to revitalize their businesses. One such company is Spanish coffee chain Vanadi, which on Wednesday, announced plans to invest $1.1 billion in Bitcoin. Vanadi Coffee SA Board Chairman Salvador Martí stated that the publicly traded company would completely reorient its strategy from coffee to Bitcoin. Martí plans to seek board approval at the next meeting, scheduled for June 29. “I ask the board for authorization to implement the Bitcoin accumulation strategy with a maximum of…