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Geneva, Switzerland, July 1, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced that Kraken, one of the world’s longest-standing and most secure crypto platforms, has been elected as a Super Representative (SR) on the TRON blockchain network. Kraken’s...
Crypto equities have surged by an impressive 119% year-to-date, outpacing Bitcoin and almost every major asset class, according to analysts at 10x Research.
Data from Yahoo Finance shows that stocks of companies involved in the crypto space, including Coinbase, Circle, and Robinhood, have posted double-digit gains of over 20% in the first half of 2025 while registering new highs.
One standout...
Prominent blockchain investigator ZachXBT has criticized two prominent stablecoins, including Ripple’s RLUSD and Circle’s USDC, highlighting concerns about their compliance and adoption strategies.
In a now-deleted social media post, ZachXBT questioned Ripple’s RLUSD stablecoin, arguing that it lacked an authentic user base and relied on paid partnerships to create the illusion of organic growth...
Local reports indicate that South Korea’s central bank has suspended its central bank digital currency (CBDC) pilot program, pivoting the nation’s focus toward a private, bank-led stablecoin initiative.
The Bank of Korea (BOK) halted its “Project Han River,” following mounting pressure from commercial banking partners who cited prohibitive costs and the absence of a viable business model, as The...
Senator Cynthia Lummis revealed on June 30 that she would introduce an amendment to add crypto tax language to the “One Big Beautiful Bill” (OBBB) amid pushes from crypto advocates in the same direction.
Lummis posted on X that she is drafting an OBBB amendment “to ensure Americans can use digital assets without fear of tax violations.” She added:
“For years, miners and stakers have been taxed...
REX Shares spot Solana staking exchange-traded fund (ETF) is poised to become the first SOL ETF to begin trading in the United States, potentially as early as this week.
Bloomberg senior ETF analyst Eric Balchunas said on June 28 that the company’s latest filing with the U.S. Securities and Exchange Commission (SEC) indicates it is ready to go live.
He wrote:
“Rex also filed an updated prospectus...
Robinhood’s stock (HOOD) reached a new all-time high (ATH) after it revealed plans to launch several innovative products, including its own Layer 2 blockchain, tokenized stocks offering, perpetual futures trading, and crypto staking services.
Following the news, the stock surged approximately 11% to $92, a new all-time high for the firm. This extends a growth trend that has seen the shares rise...
The XRP Ledger (XRPL) has launched its Ethereum Virtual Machine (EVM) sidechain on the mainnet, according to a June 30 announcement.
The sidechain would allow developers to create, port, and deploy Ethereum-compatible decentralized applications (dApps) within the XRPL ecosystem.
The XRPL EVM sidechain is built to be fast and secure and is connected to the XRP Ledger via the Axelar Bridge. Axelar...
Institutional Bitcoin accumulation shows no signs of slowing as Strategy and Metaplanet purchased close to 6,000 BTC last week, continuing their aggressive acquisition strategies.
According to their separate announcements on June 30, the two companies acquired 5,985 BTC, investing approximately $640 million in the process.
Strategy moves closer to 600K BTC
Strategy, the largest corporate holder...
Crypto investment products recorded $2.7 billion in net inflows last week, according to CoinShares’ latest report.
This marks the eleventh consecutive week of positive flows, bringing the streak of inflows to $16.9 billion and helping push the year-to-date total to $17.8 billion. The sustained inflows helped push total assets under management for crypto investment products above $184 billion, a...