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Author: James Wilson
GMXSOL, the Solana-based decentralized leveraged trading platform, has launched its first real-world asset perpetual contract for the exchange-traded fund that tracks the S&P 500. Summary Solana-based decentralized exchange protocol GMXSOL has launched a perpetual contract for the S&P 500 ETF. Chainlink will power the RWA perpetual contract, having recently unveiled the Chainlink Data Streams for U.S. equities and ETFs. Decentralized finance protocol GMXSOL, which is built on the Solana (SOL) blockchain, debuted the real-world assets perpetual contract market for the S&P 500 ETF on Friday, Aug. 8. The perpetual contract for the SPY/USD pair will be powered by Chainlink (LINK),…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse is drawing investor attention with real tech, sparking talk that it could outperform past hyped tokens. Summary XYZVerse presale heats up with burn tokenomics and sports deals. Priced at $0.005, XYZ targets 30x gains if momentum holds. Community rewards and CEX talks fuel XYZVerse price forecasts. Many tokens have promised big returns, but a new project is drawing fresh attention. While some coins have lost their shine, a rising name is offering more than hype. XYZVerse is gaining…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid XRP Ledger’s transaction surge to over 1.5m daily, GMO Miner is tapping the momentum with secure, sustainable cloud mining services designed for global investors. Summary XRP Ledger daily transactions surpass 1.5m, marking the highest activity since 2021. Rising on-chain activity boosts demand for secure, efficient crypto mining solutions. GMO Miner provides cloud mining with daily payouts and multi-crypto support. Amid the recent cryptocurrency market recovery, Ripple’s XRP chain (XRPL) has seen a remarkable rebound. Data shows that daily…
IP price is up 14%, trading just 8% below its all-time high, fueled by its recent Upbit listing. However, as it nears ATH, the risk of a whale-driven sell-off looms large. Story Protocol (IP) price is surging, up 14% in the past 24 hours, with trading volume skyrocketing by over 800% — likely fueled by its recent listing on Upbit. The price has broken above the key local resistance zone around $6.20–$6.30 and is currently trading at $6.76. It’s now well above both the EMA 7 and EMA 20, with a bullish crossover between the two MAs and a widening gap, which signals building…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum nears $4k and XRP gains institutional ground, UK-based Quid Miner is opening mobile cloud mining to the masses. Summary Quid Miner lets users mine BTC, ETH, and XRP from their smartphones, with AI-optimized efficiency and renewable energy-powered data centers. The platform offers flexible mining contracts, starting with a free $15 plan that earns $0.60 daily. Operating under UK regulations, Quid Miner provides transparent earnings tracking and global access across 180+ countries. As Ethereum (ETH) approaches the $4,000…
A group of cryptocurrency threat actors dubbed “GreedyBear” has stolen over $1 million in what researchers describe as an industrial-scale campaign spanning malicious browser extensions, malware, and scam websites. Summary GreedyBear has reportedly stolen over $1 million through malicious extensions, malware, and scam websites. More than 650 malicious tools targeting cryptocurrency wallet users were identified in the campaign. Researchers found signs of AI-generated code used to scale and diversify attacks. GreedyBear has “redefined industrial-scale crypto theft,” according to Koi Security researcher Tuval Admoni, who said the group’s approach blends multiple proven attack methods into one coordinated operation. While most cybercriminal…
Animoca Brands has formed a joint venture with Standard Chartered Bank (Hong Kong) and HKT to seek a stablecoin issuer license in Hong Kong. Summary Animoca, Standard Chartered, and HKT launch Anchorpoint to apply for an HKMA stablecoin license. The trio joined the HKMA sandbox in 2024 to test regulated stablecoins. Only a few of over 40 applicants are expected to win approval. According to an Aug. 8 press release, the new entity, Anchorpoint Financial Limited, lodged its application with the Hong Kong Monetary Authority on Aug. 1, the day the city’s Stablecoin Ordinance came into effect. Evan Auyang, group…
The nearly five-year legal dispute between the U.S. Securities and Exchange Commission and Ripple Labs has come to an official close. Summary SEC and Ripple jointly dismissed appeals, ending the XRP lawsuit. Ripple will pay $50M, with $75M of escrowed funds returned. XRP’s programmatic sales remain classified as non-securities. This follows a joint filing on Aug. 7 to dismiss appeals in the U.S. Court of Appeals for the Second Circuit. Ripple chief legal officer Stuart Alderoty confirmed the outcome in an Aug. 8 post on X, stating the case was over and the company could get “back to business.” Following…
Savea is betting that blockchain can bring wine investment into the modern age. Its flagship product, SAVW, is a fully compliant, asset-backed token that tracks the Liv-ex 1000 index and offers on-chain exposure to the global fine wine market. In this interview, co-founder Sam Mudie explains why Savea rejected crypto’s “move fast and break things” mindset, how the platform mirrors a real-world wine index, and why the token’s design appeals to both seasoned investors and crypto enthusiasts. Summary Savea’s SAVW token brings fine wine investment on-chain, tracking the Liv-ex 1000 index and backed 1:1 by physical reserves under Jersey’s regulatory…
Bitcoin’s latest rally may be fuelled by smart money using the same mechanism that leads to short squeezes. Summary Smart money is now betting on Bitcoin, experts say Bitcoin could soon reach $123–127K, according to an analyst Fed rate cuts, ETF inflows contribute to bullish momentum Bitcoin (BTC) is up once again, and major players may be behind it. After a week of sideways movement, BTC once again reclaimed the $115,000 level, which restored short-term bullish sentiment across the crypto market. According to Bitunix analyst Dean Chen, this bullish breakout is likely driven by smart money. In commentary shared with…