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Toncoin (TON) eyes $10 after hitting a new ATH


Toncoin recently breached the milestone of $7.64, which has triggered speculation about a new level of $10. While a tentative timeline has not been drawn, it is expected to happen anytime soon. Two important factors—the golden cross pattern and the growth of the network—support this. TON’s...

Chainlink CCIP presently activated on Gnosis


Chainlink CCIP, a benchmark for blockchain interoperability services, will offer builders on Gnosis safe and user-friendly connectivity for creating applications with various facilities. These include the exchanging of messages, as well as the shifting of tokens and facilitating activities...

Terraform Labs to Dissolve After SEC Settlement, CEO Announces


Following a settlement with the U.S. Securities and Exchange Commission (SEC), Chris Amani, who succeeded Do Kwon as the CEO of Terraform Labs, disclosed that the blockchain firm is set to dissolve. Terraform Labs Set to Close Doors Post-SEC Settlement Blockchain startup Terraform Labs...

Cardano’s slight recovery brings optimism ahead of Chang Hard Fork


Cardano is preparing for the Chang Hard Fork upgrade. It is slated to happen by the end of this month, that is, June 2024. Once live, the upgrade will essentially strengthen the decentralized nature of the governance model of Cardano. It will do so with the implementation of CIP-1694. Also,...

IO.NET ($IO) soars 47% in 24 hours after Binance listing


IO.NET, a new decentralized GPU network that provides computing power to its users, launched its Native Token, $IO, which quickly became popular among users. The token has a market cap of $578M and was launched on Mainnet on June 11th.  Investors gained 47% in only 24 hours. On June...

DOMANI connects with Chainlink CCIP, and price feeds


DOMANI adopts Chainlink CCIP and price feeds to initiate cross-chain bridging of their DEXTF token, allow calculated transformations, and exhibit USD value balances. Chainlink will be responsible for releasing institutional use cases for their protocol.  DOMANI, on its part, is...

Uzbek Court Sentences Student to 10 Days in Prison for Crypto Sales


A 24-year-old Termez State University graduate has been sentenced to 10 days of administrative imprisonment for selling cryptocurrency notcoin. Termez State University is a public institution located in the capital of Surkhandarya province, Uzbekistan. The court found him guilty of violating laws...

Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses


The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over...

Asia’s Gold Rush: Investors Seek Safe Haven Amid Economic Uncertainty


Demand for gold in Asia is surging despite high prices, as buyers seek a hedge against geopolitical and economic uncertainty. In Japan, there is currently a strong bullish sentiment on gold. Chinese investors, facing currency devaluation, real estate downturn, and trade tensions, have increased...

Bill Miller Explains Why Bitcoin Is Still Undervalued


Bill Miller IV, chairman and CIO of Miller Value Partners, has explained why bitcoin is undervalued despite the cryptocurrency’s recent highs. He emphasized bitcoin’s potential as a revolutionary monetary system superior to fiat currencies, which are subject to human control...

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