Crypto News

Tekedia Crypto and Blockchain Weekend Roundup

Tekedia Crypto and Blockchain Weekend Roundup

Metamask. Announced on April 28, 2025, the card eliminated the need for preloading funds or converting crypto to Fiat before spending, with transactions allowed through smart contracts under five seconds on the line network, an Ethereum-based ZKEVM blockchain.

Supported tokens include USDC, AUSDC, USDT, Weth, Eure, and GBPE. The card is set for a global clogout in Q2 2025, with early access available in Argentina, Brazil, Colombia, EEA, Mexico, Switzerland, UK, and the US (excluding New York and Vermont). A limited metal card edition offers premium rewards and exclusive perks. This collaboration aims to bridge the web2 and web3, making the crypto spending and seam a seamless and seam.

Ledger live now allows users to earn stablecoin yielding directly from self-custody by a new integration to Kiln. The main advantage is that users maintain the full control of their private keys, ensuring self-confidence without transferring properties to centralized platforms.

Register For Tekedia Mini-MBA Edition 17 (June 9 – Sept 6, 2025) Now for early bird discounts. Do the annual for accessing Blucera.com.

Tekedia AI to Business Masterclass It will open Registers.

Join Tekedia Capital Syndicate and co-invest in great global startups.

Register to be a better CEO or director included Tekedia CEO & Director Program.

This is facilitated by the Ledger Live interface, where Kiln provides access to backend on defi lending protocols, simplifying the process as security is prioritized. Only 4% of Stablecoin holders who are currently earning yield, so this integration aims to make the DEFI easier to access and safe for ledger users.

On April 28, 2025, a suspected theft of 3,520 Bitcoin (BTC). Blockchain investigator Zachxbt That -Flag the weakening transfer from a potential victim's purse (Address: BC1QCrypchnrdx87JNal5E5M849FW460T4GK7VZ55g), which noticed that the stolen BTC was rapidly -laundered by more than six instant exchanges and converts to XMR to hide the route.

Large-scale converts caused a supply-demand shock Monero's market, provided by lower liquidity compared to bitcoin, who drives a price spike. Trade volume has risen up to 500%, with an open interest in XMR futures that hit an annual high and over $ 1 million in short liquid positions. However, XMR retreated, trading between $ 263- $ 295 by the end of the day, still up 15-25% in 24 hours. Zachxbt has removed the speculation that the North Korean Lazarus team involved, suggesting independent hackers targeted at a long -standing bitcoin holder, probably a “OG bitcoiner.”

Ftx have begun legal action against some tokens and coins, including NFT STARS Limited and Kurosemi Inc. These demands, announced on April 29, 2025, are part of FTX's efforts to recover properties to pay for customers affected by the collapse of the exchange in November 2022.

The complaints follow many unsuccessful attempts to resolve the issue without trial, and the FTX has warned that additional suits will be filed against other non -responsive tokens. The FTX Recovery Trust are actively pursuing these actions to maximize asset recovery for creditors and customers.

Moonpay. Announced on April 29, 2025, this move marks the MoonPay's largest US office to the present day and serves as a hub for growing US workers, consisting of nearly 20% of its global employees.

Relocation from Miami aligned with New York's status as a Finance and Tech Hub, joining other crypto companies such as Coinbase and Gemini. Moonpay's expansion follows a strong financial performance, with Q1 2025 is the most successful quarter, driven by a booming crypto market. The move also reflects the strategic positioning amid increased clarification of US regulation for cryptocurrencies.

Circle. Approval complies with the integration of the circle of a legal creature in the ADGM in December 2024, aimed at expanding its existence in the Middle East and Africa.

The USDC, with a circulating supply of $ 62 billion (up to 40% in 2025), is the second largest stablecoin, supported by US dollars reserves. CEO of Circle, Jeremy Allaire. The Circle also cooperated with the Hub71, Abu Dhabi's tech ecosystem, to protect FinTech change through Digital Regulation of ADGM, which provides startups of resources and mentorship.

Tether confirmed that the Tether Gold (xaust) token was supported by 7.7 ton (246,523.33 troy ounces) of physical gold, as detailed in its first Q1 2025 report. Each xauut token is peg 1: 1 to a Troy ounce of the London Bullion Market Association (LBMA) -Certifified Gold, Safely stored in Swiss vaults. The acquisition supports the Capitalization of the Xauut market, which reached $ 770 million on March 31, 2025, and sank to $ 853.7 million recently, encouraged by rising global demand for safe properties amidst uncertainty, inflation concerns, and geopolitical tensions.

Tether's CEO, Paolo ArdoinoEmphasizes Xauut's role as a digital, transferred form of physical gold, combining blockchain efficiency with gold stability. The testimony, conducted under the framework of El Salvador's regulation, aims to ensure transparency, although critics have raised concerns about Tether's skills, noticing that the BDO Italia The report has no full compliance with international financial reporting standards.

US Securities and Exchange Commission (SEC) approved Proshres Trust to launch three XRP Futures-Based Exchange-Traded Fund (ETF) on April 30, 2025. These ETFs include Ultra XRP ETF (2X leverage), the short XRP ETF (-1X leverage), and the Ultra Short XRP ETF (-2x Leverage). Unlike ETF spots, these funds monitor XRP price movements through futures contracts, not directly owned by cryptocurrency.

They will be the second, third, and fourth XRP-tracking of the ETFs in the US, following the 2x daily XRP ETF of Teucrium in April 2025. Separate applications of Proshares for an XRP ETF area remain pending, in conjunction with similar proposals from Grayscale, 21shares, and bitwise.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblocker Detected

Please consider supporting us by disabling your ad blocker