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Luxury Watchmaker Franck Muller Debuts Timepiece With Built-In Solana Wallet


Luxury watchmaker Franck Muller has partnered Solana to launch a limited edition watch, the Franck Muller 41mm Solana. Blending High Watchmaking With Web3 Swiss luxury watchmaker Franck Muller has partnered with the Solana blockchain to launch a limited edition timepiece. Limited to just 1,111...

Blockchain security firm releases Cetus hack post-mortem report


Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code "overflow" check.According...

Ethereum’s DeFi Reign Slips 37% Since 2021—A Blockchain Power Shift?


Current metrics place the total value locked into decentralized finance (DeFi) at approximately $117.856 billion. Ethereum, once commanding more than 56% of that figure at the close of 2024, has since dipped to 51.24% in May, marking a notable decline in its share. Battle for DeFi Dominance Heats...

Wall Street 2.0: Tokenized Treasuries Top $7B as Blackrock’s BUIDL Nears $3B


Tokenized U.S. Treasury bonds have officially surpassed $7 billion in aggregate value, gaining an additional $54 million over the course of the past week. Several top-tier funds have been accelerating in growth, delivering double-digit percentage returns throughout the past month, while Blackrock’s...

Spoiler alert: The future of Web3 is not blockchain


Opinion by: Grigore Roșu, founder and chief executive officer of Pi SquaredFor some, the audacity of questioning the primacy of blockchain in Web3 is borderline heretical. The idea that decentralization and progress could exist without blockchains seems absurd to those who built careers around...

FIFA Launches Multi-Purpose Blockchain on Avalanche


FIFA, the organization governing the world’s football associations, has launched its custom, engagement-oriented Layer 1 blockchain on Avalanche. FIFA Collect, a digital collectibles application, is migrating to the new chain to take advantage of its scalability and other improvements. FIFA...

FIFA taps Avalanche to launch dedicated blockchain for NFT platform


The Federation Internationale de Football Association (FIFA) has selected Avalanche to power its dedicated blockchain network for non-fungible tokens and digital fan engagement, the organization announced on May 22.FIFA’s layer-1 (L1) blockchain will be powered by the Avalanche...

Feds charge Amalgam founder with stealing $1M via ‘sham’ blockchain


A US grand jury has indicted the founder of blockchain startup Amalgam Capital Ventures over allegations he defrauded investors out of over $1 million with a fake blockchain.Jeremy Jordan-Jones was arrested and indicted on May 21 and charged with wire fraud, securities fraud, making false...

US lawmaker reintroduces bill amid pushback on Trump's crypto ties


A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking crypto-related pieces of legislation due to concerns with President Donald Trump’s potential conflicts of interest.In a May 21 notice, Minnesota Representative...

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