Bitcoin mining pools have traditionally operated on a simple bargain: you give us your hashpower and your personal information, and we give you a dashboard. Ocean Mining just decided that second part is unnecessary.
The decentralized mining pool launched Portal on July 22 at the Mining Disrupt 2026 conference in Miami, introducing what it calls a permissionless, end-to-end encrypted dashboard for miners. The tool requires no account creation, no email, and no KYC verification. All a miner needs is a Bitcoin address.
What Portal actually does The dashboard lets miners aggregate multiple Bitcoin addresses into a single view, complete with site and worker statistics, payout tracking in both Bitcoin and fiat, and advanced reporting tools.
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Ocean President Mark Artymko introduced the tool live on stage at the Miami Airport Convention Center. The core pitch is straightforward: miners should be able to monitor their operations without surrendering data sovereignty to the pool itself.
The privacy layer runs on something Ocean calls its Sub-space Locker, a locally executed encryption method. In English: your data gets encrypted on your own device before it ever touches Ocean’s infrastructure. The pool literally cannot see what you’re looking at.
Portal also includes human-readable labels for addresses.
Ocean’s broader play for miner sovereignty The pool, developed by parent company Mummolin, Inc., has built its identity around non-custodial mining and transparent payouts. Its leadership team includes Luke Dashjr as Chairman and CTO and Jason Hughes as VP of Engineering.
The pool currently operates at approximately 28.44 Eh/s of hashrate.
On the compliance front, Ocean has acquired both SOC 2 Type 1 and SOC 1 Type 1 security attestations.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Chainlink price has jumped more than 5% after Mantle completed the migration of its $2.5 billion Super Portal to Chainlink’s cross-chain infrastructure, extending a crypto market rally driven by softer U.S. inflation data.
Summary
Chainlink price rose over 5% after Mantle migrated its $2.5 billion Super Portal to Chainlink’s CCIP. Whale accumulation, rising open interest, and record wallet growth have strengthened LINK’s bullish momentum. Technical indicators point to $8.40 as the next key resistance, while losing $8.00 could weaken the rally. According to data from crypto.news, Chainlink (LINK) price traded around $8.29 after briefly touching $8.40, extending its weekly gain to roughly 7%.
The move came as Bitcoin climbed above $64,600 and Ethereum approached $1,875 after U.S. inflation data strengthened expectations that the Federal Reserve could adopt a less restrictive policy later this year. Total crypto market capitalization also advanced more than 3% to about $2.30 trillion.
Mantle’s infrastructure upgrade adds to a string of recent enterprise integrations for Chainlink. Aave recently selected the protocol for automated vault rebalancing, while Robinhood has incorporated Chainlink infrastructure into its expanding Layer-2 ecosystem.
Network adoption has also continued on-chain, with the number of non-empty Ethereum wallets holding LINK surpassing 900,000 for the first time.
On-chain accumulation suggests large investors positioned ahead of the announcement rather than reacting afterward. Wallets holding more than 1,000 LINK reached their highest level this year, while addresses controlling over 100,000 LINK expanded to a record 805.
These purchases absorbed much of the selling pressure created by the scheduled unlock of 21 million LINK tokens, reducing the impact of the additional supply entering circulation.
Derivatives traders have joined the rally. Open interest increased roughly 10% alongside the price advance, showing fresh leveraged participation instead of a short-lived spot spike. The combination of rising price and rising open interest typically suggests new positions entering the market rather than existing shorts simply closing.
Technical breakout places $8.40 and $8.70 in focus The daily chart shows LINK pressing against the upper boundary of a descending wedge that has contained price since early June. Tuesday’s rally pushed the token above $8.20 and toward immediate resistance near $8.40, where sellers rejected price earlier in the session.
Chainlink daily price chart — July 15 | Source: crypto.news A confirmed daily close above that level would strengthen the breakout case and expose the next resistance zone around $8.70, followed by psychological resistance near $9.00.
Momentum indicators have also improved. The daily RSI has climbed to around 60 after recovering from oversold territory, showing buyers have regained control without entering overbought conditions. The Aroon Up indicator has returned to 100 while the Aroon Down remains near single-digit readings, highlighting a renewed bullish trend.
On the 4-hour chart, the MACD has completed a bullish crossover above the signal line, while the Chaikin Money Flow remains positive above zero, showing capital continues to enter the market.
Chainlink 4-hour price chart — July 15 | Source: crypto.news CoinGlass liquidation data reinforces the technical picture. The one-week heatmap shows a dense concentration of leveraged short positions clustered between $8.15 and $8.30, many of which were cleared during the latest rally. Above current prices, another sizeable liquidity pocket sits around $8.45-$8.70, creating a potential magnet if buyers maintain momentum.
Chainlink liquidation heatmap | Source: CoinGlass Loss of $8.00 support would weaken the bullish case Several risks could still interrupt LINK’s recovery. Markets remain sensitive to upcoming U.S. Producer Price Index data and any Federal Reserve comments that challenge expectations for easier monetary policy. Renewed geopolitical tensions or another rise in oil prices could also reduce appetite for risk assets across digital markets.
From a technical perspective, failure to hold above the $8.20 breakout zone would leave $8.00 as the first important support.
A decisive break below that level could pull LINK back toward the $7.70-$7.50 demand area, where the liquidation heatmap shows another large concentration of leveraged positions. Such a move would invalidate the immediate breakout structure and postpone any attempt to challenge the $9.00 resistance zone.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Established digital platform AlienWP expands into online casino coverage with news portal and reviews, while simultaneously developing player comparison tool Alien Wise Play
Established in 2013, digital platform AlienWP has unveiled a comprehensive iGaming news portal that delivers coverage on online casino developments, operator reviews, regulatory changes, promotional offerings and player protection initiatives. This expansion coincides with ongoing work on Alien Wise Play, a comparison dashboard designed for casino players.
Main Announcement Table of Contents
Main AnnouncementSupporting DetailsSpokesperson QuoteFuture PlansAbout AlienWPMedia Contact The newly introduced iGaming news portal from AlienWP will deliver comprehensive reporting on the online casino industry, encompassing regulatory developments, promotional changes, sector updates and player welfare matters. The platform emphasizes delivering accurate, current information to readers without promotional bias.
This development represents the initial phase of AlienWP’s strategic expansion into iGaming. According to the company, the news portal will operate concurrently with Alien Wise Play’s development, with both elements intended to provide players with transparent, unbiased resources.
Supporting Details Currently under development, Alien Wise Play is a web-based dashboard designed to enable players to evaluate online casinos side-by-side, bookmark preferred operators, monitor promotional offers, and review licensing information prior to registration. The platform will not function as a casino operator, handle financial transactions, or offer gambling recommendations.
While supported by affiliate revenue arrangements, AlienWP emphasizes that the tool prioritizes player utility over typical affiliate site objectives. The company highlights transparency and responsible gaming as fundamental values shaping the platform’s creation.
Central to Alien Wise Play’s functionality is the Wise Play Score, a proprietary evaluation framework that judges casinos across multiple criteria including licensing standards, trustworthiness, payment dependability, operational transparency, support services and player safeguards. According to AlienWP, future iterations will integrate compiled player feedback and artificial intelligence-powered evaluation tools while maintaining editorial independence from reviewed operators.
Additional information about the forthcoming platform can be found at Alien Wise Play.
Spokesperson Quote Oliver Dale, representing AlienWP, commented: “Introducing our iGaming news section represents the opening move in a more comprehensive initiative. As we continue developing Alien Wise Play, we’re committed to providing players with trustworthy casino news and review content immediately. Our entire approach centers on delivering transparent information while prioritizing player welfare.”
Future Plans Moving forward, AlienWP will maintain consistent publication of iGaming news content and casino evaluations as development work on Alien Wise Play advances. Additional announcements regarding the platform and its Wise Play Score system will be released as the launch date approaches.
About AlienWP Established in 2013, AlienWP operates as an iGaming news and casino information resource providing coverage of online casino developments, operator reviews, regulatory matters, promotional offerings, responsible gaming initiatives and sector trends. The organization is simultaneously building Alien Wise Play, a player-oriented dashboard enabling users to evaluate casinos, monitor bonuses, and access transparent licensing and safety data. Additional details are available at alienwp.com.
Media Contact Oliver Dale
AlienWP
Website: https://alienwp.com
Bridge security is one of those crypto topics that only gets attention when something breaks. Mantle’s decision to migrate Super Portal infrastructure to Chainlink CCIP is a reminder that serious networks cannot afford to treat cross-chain transfers as an afterthought.
The reason is simple: bridges have historically been among the most expensive failure points in crypto. When they fail, they do not just create technical headaches. They can threaten liquidity, confidence, and the credibility of whole ecosystems.
For more details, visit the official Chainlink platform.
TL;DR Mantle is migrating its Super Portal bridge infrastructure to Chainlink CCIP.The move is designed to strengthen cross-chain transfer security.Bridge infrastructure remains one of crypto’s most important risk points. Why Mantle’s Choice Matters Mantle is not just adding another integration badge. It is changing the infrastructure that helps assets move between environments. That makes the decision more consequential than an ordinary partnership headline.
Chainlink CCIP is designed to provide secure cross-chain messaging and transfer functionality. For a large ecosystem, using a more established cross-chain framework can reduce some of the risk that comes with maintaining custom bridge logic.
The Cross-Chain Security Race As more liquidity moves across L2s, appchains, and modular networks, the bridge layer becomes even more important. Users may not care what system handles the transfer, but they definitely care if funds get stuck or stolen.
That is why infrastructure upgrades like this matter. The next phase of crypto scaling will depend not just on faster chains, but on safer connections between them.
Why The Detail Matters Now The practical takeaway is that Chainlink stories now have to be read through both market structure and product execution. A headline can create attention, but the more durable signal is whether the underlying source points to real activity, a real filing, a real integration, or a measurable change in how users and institutions behave.
That is why this development is worth separating from ordinary market noise. It gives readers a specific point to track over the next few sessions rather than a vague reason to be bullish or bearish. If follow-up data confirms the direction, the story can build. If not, it still gives the market a clearer snapshot of where attention is concentrating today.
The Market Read The cleaner way to read this story is not to force it into a simple bullish or bearish box. For Chainlink readers, the useful part is the change in context. A new filing, integration, market signal, or regulatory step can alter how traders think about the next few sessions even when it does not instantly change price.
That is especially true after the last few volatile weeks, when crypto has been dealing with a mix of ETF flows, legal updates, exchange listings, protocol upgrades, and shifting liquidity. The market is no longer reacting to one dominant theme. It is weighing several smaller signals at once, and that makes source-backed developments more important than ordinary chatter.
Why Readers Should Keep This On The Radar For NewsBTC readers, the important question is what this changes from here. If follow-up data, filings, governance updates, or wallet movement confirm the direction, the story can develop into a larger market theme. If the next update is weak, delayed, or contradicted by new data, the market may quickly move on.
That is why the scope matters. This article is not treating the development as a guaranteed price trigger. It is treating it as a fresh signal inside a market that is trying to sort durable activity from short-term noise. The distinction is important because crypto narratives can move faster than the facts behind them.
The next thing to watch is whether this becomes part of a wider pattern. In some cases that means more institutional flows. In others it means stronger developer adoption, cleaner regulatory access, deeper exchange liquidity, or a clearer technical roadmap. Either way, the story is strongest if it is followed by measurable execution rather than another round of speculative headlines.
This report is based on information from Chainlink.
This article was written by the News Desk and edited by Samuel Rae.
TLDR Midnight Foundation reopened the Glacier Drop redemption portal after completing a security review linked to the SecondFi incident. The Foundation confirmed its infrastructure remained secure and unaffected by the breach involving 16 million ADA. NIGHT token redemptions resumed on June 9, with all thawed tokens now available for eligible users. The Glacier Drop distribution schedule remains unchanged despite the temporary suspension of the portal. The program continues in its third phase, with the final redemption window set to end in December 2026. The Midnight Foundation has reopened its Glacier Drop redemption portal for Cardano users after completing a security review. The decision follows a temporary suspension linked to a security incident affecting certain wallets connected to SecondFi. Midnight Foundation confirmed that redemptions resumed without any impact on its infrastructure or user allocations.
Security Review Confirms Platform Integrity The Midnight Foundation halted NIGHT token redemptions after reports of a breach involving SecondFi-linked wallets. Hackers stole approximately 16 million ADA from hundreds of affected wallets during the incident. As a result, the Midnight Foundation temporarily closed the redemption portal to assess potential exposure.
The investigation focused on whether the exploit extended to Glacier Drop systems or participant accounts. However, the Midnight Foundation found no evidence that its infrastructure was compromised during the breach. The review confirmed that the redemption platform remained isolated from the affected systems.
Following these findings, the Midnight Foundation restored access to the portal and resumed all redemption operations. The organization stated that all eligible users can now claim tokens that completed thawing during the suspension period. This ensured continuity for participants without altering the program’s operational structure.
Glacier Drop Timeline Continues Without Changes The Midnight Foundation maintained the original Glacier Drop schedule despite the temporary pause in redemptions. The program distributes NIGHT tokens through a phased mechanism across four separate quarterly windows. Each phase unlocks 25% of allocated tokens as part of a structured release model.
The first redemption phase ran between December 10, 2025, and March 9, 2026, under the established framework. The second phase followed from March 10 through June 7, 2026, with participants accessing newly thawed tokens. The Midnight Foundation confirmed that these earlier phases proceeded without disruption before the incident.
The program has now entered its third phase, which started on June 8 and continues until September 5, 2026. A fourth and final redemption window will run from September 6 to December 4, 2026. The Midnight Foundation emphasized that all timelines remain unchanged despite the earlier suspension.
Guidance Issued for SecondFi-Affected Users The Midnight Foundation advised users connected to SecondFi wallets to follow official recovery guidance issued by that platform. This recommendation applies only to users potentially affected by the breach and not to Glacier Drop participants broadly. The Midnight Foundation clarified that its own systems did not require user-side remediation.
SecondFi introduced a phased response plan to address the security incident and support affected users. The process begins with a Quarantine Mode designed to secure compromised accounts and prevent further exposure. This step aims to stabilize impacted wallets before additional recovery actions proceed.
Your Options for Securing Assets, and What’s Next
We recognize that some users may not have completed all steps in the Hardware Wallet Guidance posted in our knowledge base. If you are not technically proficient, we recommend waiting for the secure wallet export functionality,…
— SecondFi (@secondfiapp) July 8, 2026
The response plan will include a secure wallet export process scheduled for the following week. A final recovery phase may follow, depending on investigation outcomes and asset retrieval efforts. Meanwhile, the Midnight Foundation confirmed that its portal remains fully operational for eligible users.
The reopening of the Glacier Drop portal marks the resumption of normal operations after the review. Midnight Foundation confirmed that its infrastructure remained secure and unaffected throughout the incident. Eligible users can now redeem thawed NIGHT tokens according to the established schedule.
The Midnight Foundation has reopened the Glacier Drop redemption portal after completing a security review caused by an incident involving a subset of Cardano wallets connected to SecondFi.
In a recent update, the Foundation confirmed that Glacier Drop redemptions resumed on June 9 at 17:00 UTC. This ended a temporary suspension introduced as a precautionary measure last month.
Security Review Confirms Glacier Drop Platform Remains Safe The Foundation paused NIGHT token redemptions last month after reports emerged that EMURGO’s SecondFi platform had suffered a security breach. During the attack, hackers stole 16 million ADA from 374 wallets, prompting the Foundation to temporarily close the Glacier Drop redemption portal while it investigated whether the incident posed any risk to Glacier Drop participants.
Following its assessment, the Foundation confirmed that the Glacier Drop redemption infrastructure remains secure and unaffected by the SecondFi exploit.
As a result, all NIGHT tokens that completed their thawing process during the suspension are now immediately available for eligible users to redeem. The Foundation also stressed that the precautionary pause did not alter the Glacier Drop distribution schedule. This ensures participants remain on the original redemption timeline.
Glacier Drop Redemption Schedule Remains Unchanged For context, the Foundation launched the Glacier Drop portal in August 2025 to distribute NIGHT tokens through a phased redemption model. Under this mechanism, allocated NIGHT tokens gradually thaw and become redeemable in four equal quarterly installments, with 25% unlocking during each phase.
The first redemption window ran from December 10, 2025, to March 9, 2026, followed by the second phase between March 10 and June 7, 2026.
The program has now entered its third thaw period, which began on June 8, 2026, and will continue until September 5, 2026. Meanwhile, the fourth and final redemption phase is scheduled to run from September 6 through December 4, 2026.
With the portal back online, eligible participants can once again redeem any NIGHT tokens that have thawed according to the established Glacier Drop schedule.
Midnight Advises SecondFi Users to Follow Recovery Guidance Although the Midnight Foundation has confirmed that its redemption infrastructure is secure, it advises users who have used a SecondFi wallet to follow the official guidance issued by the SecondFi team.
Meanwhile, SecondFi has unveiled a phased response plan designed to help affected users secure their assets and prepare for potential recovery. The strategy begins with Quarantine Mode, followed by a secure wallet export scheduled for next week. The final stage may include an asset recovery process, depending on the outcome of the ongoing investigation and recovery efforts.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Nous Research has added GPT-5.6 support to its Hermes Agent, available now through the Nous Portal.
Hermes Agent was not built to be a simple chatbot wrapper. Launched in February 2026, it was designed around persistent memory and skill generation, meaning the system can carry context across sessions and build new capabilities as it operates.
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What GPT-5.6 actually brings to the table OpenAI’s GPT-5.6 family entered limited preview on June 26, 2026, and it is not a single model. It comes in three variants: Sol, the flagship; Terra, the balanced middle option; and Luna, the fast and cost-efficient tier.
Hermes Agent’s Tool Gateway feature allows it to route tasks to external services, and its native desktop applications mean users are not locked into a browser-based workflow. Pairing those features with a model family that scales from cheap-and-fast to expensive-and-thorough lets developers match compute spend to task complexity.
The GPT-5.6 family is positioned around multi-step task handling, with particular strengths in coding and cybersecurity applications.
The Nous Portal’s growing model library The Nous Portal now offers access to over 400 AI models, handling subscription management, billing, and tool integrations like web browsing and image processing through a single interface.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bridge exploits have cost DeFi users billions. Mantle now moves to ensure its $2.5 billion MNT token supply doesn’t become the next statistic. The team announced that it is migrating the Mantle Super Portal to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), a shift designed to wrap every cross-chain transfer of MNT in institutional-grade security, according to the official announcement.
The migration targets the core friction that keeps large allocators away from cross-chain activity: the fear of a single point of failure. Mantle’s Super Portal was already a gateway for moving MNT between supported networks but switching to CCIP adds a risk management framework that separates message validation from token transfer execution. Chainlink’s decentralized oracle networks verify cross-chain transactions, with additional monitoring to detect abnormal behavior before funds move.
Cutting Out Bridge Risk for a $2.5B Token Mantle’s decision lands at a moment when institutional capital is slowly crossing into on-chain environments but remains allergic to bridge risk. Weekly flows show that tokenized real-world assets just crossed $20B on-chain, with major financial names settling trades on public ledgers, as covered in a recent tokenization roundup. Yet each new bridge exploit resets trust.
CCIP’s architecture is not just about moving tokens. It includes a separate risk management network that can pause or reroute transfers independently, a feature that mimics the compartmentalized controls familiar to traditional finance. For a token with a circulating supply topping $2.5 billion, even a short window of degraded security could trigger cascading liquidity problems.
The Institutional Grade Difference with CCIP Chainlink has been positioning CCIP as the go-to interoperability layer for institutions, and Mantle’s migration adds a high-profile use case. By decoupling validation from execution, CCIP reduces the blast radius of a potential smart contract bug. The protocol also uses rate-limiting and dynamic fee models that adjust during network congestion, something liquidity providers track closely.
Developer activity remains a strong proxy for long-term ecosystem health. While Mantle builds its scaling stack, the broader competitive landscape shows Ethereum, Solana, and BNB Chain leading the latest developer charts. Secure interoperability could tilt the balance for projects deciding where to deploy, especially if they hold large MNT positions.
Ecosystem and Market Structure Implications For MNT holders and liquidity providers, the immediate effect is a reduction in the tail risk of cross-chain transfers. If the migration strengthens settlement guarantees, arbitrageurs may tighten spreads across decentralized exchanges where MNT trades, while market makers could feel more comfortable quoting larger sizes.
Institutional staking demand has already shown the power of safety narratives. SUI’s recent 18% surge was partly driven by Nasdaq-listed firms entering staking arrangements, reflecting how perceived security draws volume. Mantle’s CCIP move fits the same pattern—upgrading infrastructure to match the expectations of capital that will not tolerate uncontrolled bridge risk.
What remains uncertain is how regulators will classify cross-chain protocols over time and whether CCIP itself could become a chokepoint if usage centralizes. No single upgrade eliminates smart contract risk entirely, and the true test will be how Mantle’s new architecture performs under real market stress. Still, by migrating its Super Portal to an established institutional standard, Mantle signals that cross-chain safety is no longer optional for ecosystems managing billions in token value.
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Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
@Mantle_Official has confirmed it is migrating its Super Portal from @LayerZero_Core to @Chainlink's Cross-Chain Interoperability Protocol (CCIP), the latest in a string of high-profile departures from LayerZero that now totals over $7.2 billion in migrated value.
A Growing Exodus From LayerZero The backdrop to Mantle's move is a security incident that rattled the cross-chain sector. The shift accelerated after a $292 million exploit drained 116,500 rsETH from Kelp DAO's LayerZero-powered bridge in April 2026. The Kelp DAO exploit was not a failure of LayerZero's core smart contracts, but of its flexible security model. LayerZero allows applications to select their own Decentralised Verifier Networks (DVNs), off-chain actors responsible for validating events on a source chain before triggering an action on a destination chain. In the Kelp DAO case, the DVN was configured as a 1-of-1 set, meaning a single compromised verifier was sufficient to authorise fraudulent transfers.
That incident prompted a broad reassessment of cross-chain infrastructure across DeFi. Mantle joins Kelp DAO and Lombard Finance in the move to CCIP. Lombard migrated its over $1 billion in bitcoin-backed assets from LayerZero to Chainlink CCIP after a security review following the Kelp DAO exploit. Other protocols including Solv, Re.xyz, and Kraken have made similar moves. Johann Eid, chief business officer at Chainlink Labs, described the trend as "a continued flight to safety across the industry."
Why Protocols Are Choosing CCIP Chainlink's CCIP operates on a different, less flexible model. Each cross-chain lane is secured by a set of at least 16 independent, Chainlink-operated node operators, creating a high threshold for collusion or compromise. CCIP also integrates a separate Risk Management Network that monitors for anomalous activity and enforces value-based rate limits on each lane, acting as a circuit breaker to cap potential losses. Chainlink recently completed a SOC 2 Type 2 examination for CCIP, a compliance certification typically associated with enterprise cloud providers and financial infrastructure companies, making it the only major oracle and interoperability provider with that tier of certification. SOC 2 Type 2 means an independent auditor spent months verifying that Chainlink's security controls actually work as advertised over a sustained period.
For Mantle, the decision aligns with a broader platform strategy. The project said it is "thrilled to adopt the Chainlink standard," with its head of BD, Mark Veer, adding that the integration "enhances Mantle's cross-chain capabilities and strengthens our alignment with Chainlink's extensive ecosystem." Chainlink CCIP has supported over $28 trillion in cumulative on-chain transaction value and averages approximately $90 million in weekly token transfers.
Meanwhile, LayerZero has since removed support for 1-of-1 DVN configurations and announced plans to move most routes toward stricter 5-of-5 verifier setups. The protocol maintains significant volume, but the reputational damage from the Kelp DAO incident continues to shape infrastructure decisions across the sector.
Sources:
Mantle official blog: Mantle Adopts the Chainlink Standard
CoinDesk: Crypto firms move $4 billion in assets to Chainlink
Crypto.news: Chainlink CCIP draws $4B from LayerZero exodus
Crypto-related stocks in U.S. markets continued their rally during trading hours, with MARA surging 15.27%.
According to market data from BIT (bit.com), US-listed crypto-related stocks continued to strengthen during intraday trading. Details: Strategy (MSTR) rose 2.11%; Circle (CRCL) gained 0.83%; MARA Holdings (MARA) surged 15.27% after announcing the acquisition of a Texas-based 2000MW computing power park project company for up to $600 million; Riot Platforms (RIOT) climbed 6.1%.
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JPMorgan: The biggest risk for Bitcoin is not Strategy’s sell-off, but blockchain adoption that bypasses public chains and tokens.
JPMorgan Chase’s analyst team noted that the market views Strategy’s Bitcoin sale plan as a key risk for the crypto sector, but it is not a major structural threat to Bitcoin. The more fundamental risk lies in tokenization, payments, and settlements increasingly taking place on permissioned infrastructure that does not rely on public blockchains. If this trend continues, the entire crypto ecosystem could face a "structural downgrade"—marked by slower transaction activity, reduced liquidity, and weaker capital inflows—ultimately weighing on Bitcoin. The analysts stated bluntly: "In our view, a more significant risk stems from the way blockchain is adopted in traditional finance, which continues to bypass public, permissionless networks." The analysts explained that institutional adoption so far has clearly favored permissioned chains, as they offer advantages in privacy, KYC/AML controls, governance, throughput, legal accountability, and regulatory certainty, posing a competitive threat to public blockchains like Ethereum. If tokenized deposits are widely adopted—especially in non-transferable forms favored by regulators—it could reduce demand for stablecoins in institutional payments and settlements; SWIFT’s blockchain initiative and central bank digital currency (CBDC) projects such as the digital euro and digital renminbi further strengthen regulated alternatives. In the roughly $500 billion tokenized real-world assets market, while Ethereum currently holds a certain share, this likely reflects early-stage experimentation rather than the market’s long-term structure. As institutional adoption grows, issuance, custody, settlement, and lifecycle management will likely be conducted more on private or permissioned infrastructure that meets requirements for identity, confidentiality, and operational resilience, with public blockchains used only for distribution and limited secondary trading.
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Security Warning: Abnormal on-chain fund flows detected for the CodexField project on BNB Chain.
On-chain investigator Specter has issued a community security alert, warning of potential fund misappropriation risks associated with the CodexField project on BNB Chain. On-chain tracking shows the project has amassed over $85 million in funds. Specter detected abnormal on-chain fund flows yesterday: a wallet bridged 17.3 million USDT from TRON to Ethereum, then swapped the tokens for DAI via Bitget Swap on Polygon. So far, $6.5 million has been transferred out, while the remaining $10.8 million is still in transit. The funds were originally bridged from Ethereum to TRON roughly six months ago, and the source wallet is linked to CodexField’s deposit contract. Below are key addresses for users to verify on their own: EVM: 0xBc606358910b3720d136F0d4Ce12b759C270747a TRON: TQNTEYadFVVQeobBtctSjurJ5RpfBsTmqh, TAzpg8L1WkkzCxxZk8TYnvaRYahehh52MK Related deposit contract: 0x9E6A75b546B65E7B9D34E2c9aB8Fe224B9aA52AA Additional red flags: The project requires a minimum $100 deposit for participation. Blockchain security tool Blocksec MetaSuites initially labeled the deposit contract as "Fake CodexField", but Specter’s follow-up investigation found the contract is actually operated by the CodexField team itself. The project uses multiple domains and subdomains to collect user deposits, and the team previously shared these domains via official channels. Its fund flow pattern is unusual, deviating from standard fund management practices: the project bridges funds across multiple blockchains, routes them through intermediate wallets, and ultimately sends assets to centralized exchanges. Specter noted that based on on-chain activity, the project warrants high vigilance. It advises all users interacting with CodexField to exercise extreme caution until the team provides a transparent explanation of its fund movements.
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Post-quantum cryptography management platform QIZ Security closes $17 million seed round.
QIZ Security, a crypto posture and post-quantum cryptography (PQC) management platform, announced the completion of a $17 million seed funding round, led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. The capital will be used to accelerate product R&D and market expansion. QIZ Security was co-founded by Ben Volkow, Lenny Ridel, and Itan Barmes; the team has years of experience in cybersecurity, enterprise services, and post-quantum transformation, with Barmes previously leading Deloitte’s global quantum cybersecurity readiness team. Its platform helps enterprises identify and assess crypto asset risks and implement remediation measures, and is currently applied in industries including finance, telecommunications, healthcare, and critical infrastructure. It has also established partnerships with Cisco, AWS, Google, CrowdStrike, Deloitte, EY, and IBM, among others.
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Hyperliquid recommends that the U.S. Commodity Futures Trading Commission (CFTC) formally recognize that on-chain protocols are not required to register, and non-custodial wallets do not serve as financial intermediaries.
Hyperliquid Policy Center (HPC) and Phantom have jointly submitted comments to the U.S. Commodity Futures Trading Commission (CFTC) in response to the agency’s request for feedback on whether existing rules keep pace with the evolution of financial technology, proposing to explicitly extend the distinction between "building tools" and "operating regulated businesses" to on-chain markets. The comments note that software engineers have been developing matching engines for regulated futures trading platforms for decades, and the CFTC has never classified them as trading platform operators. However, developers in the digital asset sector have long lacked such clarity, forcing many to opt for offshore development. The current CFTC, led by Chairman Selig, is working to address this gap and carve out room for innovation for fintech firms in digital asset and derivatives markets. The two entities put forward three key recommendations: First, explicitly confirm that merely publishing on-chain protocol software itself does not require registration — a factor often decisive for engineers when choosing where to develop. Second, establish a clear path for the CFTC’s registration bodies to operate regulated functions using on-chain infrastructure, enabling trading platforms and clearinghouses to replace decades-old legacy systems with transparent infrastructure. Third, formalize Phantom’s recent no-action letter into official rules, eliminating the need for self-custody wallet providers to apply for approved exemptions on a case-by-case basis. HPC and Phantom stress that self-custody and transparent on-chain systems can embed investor protection directly into technology, while regulated intermediaries retain responsibility for issues that technology cannot resolve independently. This approach will bring the next generation of financial markets within reach of U.S. consumers.
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Micron raises its U.S. investment plan to $250 billion, betting on demand for AI memory chips.
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Mantle is moving its Super Portal, developed with Bybit, to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), replacing LayerZero as the cross-chain infrastructure securing transfers of the MNT token across Mantle’s more than $2.5 billion ecosystem.
The company said the migration strengthens security through Chainlink’s decentralized oracle network and institutional-grade safeguards while giving Mantle direct control over its cross-chain token infrastructure under the Cross-Chain Token standard. The Super Portal will be suspended temporarily during the transition, with no action required from users.
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Emily Bao, a key advisor at Mantle, said the decision would provide institutional-grade security for MNT transfers as tokenized assets gain wider adoption.
“As tokenized financial assets move from concept to scale, the infrastructure that carries them across chains cannot be an afterthought,” Bao noted.
Mantle said the new infrastructure will enable MNT to expand across more blockchain networks as demand grows for cross-chain movement of tokenized assets.
Chainlink’s CCIP has gained momentum after several crypto projects such as Virtuals and Lombard migrated away from LayerZero in the wake of a high-profile DeFi exploit. The transition has resulted in more than $7.2 billion worth of cross-chain and wrapped assets moving onto Chainlink’s network since May.
“We’re continuing to see an industry trend of leading protocols upgrading their cross-chain infrastructure to meet the requirements of institutional adoption,” Johann Eid, Chief Business Officer at Chainlink Labs, stated. “Mantle’s migration to Chainlink CCIP reflects the growing recognition that secure-by-default infrastructure is critical for any cross-chain deployment to succeed at scale.”
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
The migration to Chainlink CCIP strengthens the security of MNT as it moves across chains, laying the foundation for Mantle’s strategy for powering the future of tokenized finance at scale.
DUBAI, UAE, July 9, 2026 /PRNewswire/ — Mantle, the premier distribution layer connecting traditional finance and on-chain liquidity, today announced the migration of its Mantle Super Portal, co-developed with Bybit, from LayerZero to Chainlink Cross-Chain Interoperability Protocol (CCIP). This upgrade brings the industry’s highest level of cross-chain security to MNT, the token underpinning Mantle’s $2.5B+ ecosystem, marking a significant step forward in hardening the infrastructure that moves value across the Mantle ecosystem.
With billions lost to cross-chain exploits, bridging infrastructure has emerged as one of the most security-sensitive surfaces in the industry, concentrating both the largest volume of value in transit and the greatest exposure to risk. Following a review of its cross-chain infrastructure to bolster higher ecosystem security, Mantle selected Chainlink CCIP as the solution that met its rigorous security requirements. Built on a defense-in-depth architecture, CCIP features:
Robust cross-chain security: CCIP establishes a strong security floor for all cross-chain transfers through the default use of Chainlink’s robust Decentralized Oracle Network (DON) infrastructure. Decentralized node infrastructure: Every CCIP bridge lane is secured by 16 independent, high-quality, and security-reviewed node operators. Advanced risk management: CCIP features native rate limits that act as circuit breakers to limit contagion during extreme scenarios. Institutional security standards: CCIP is SOC 2 Type 2 compliant, meeting the strict enterprise-grade security standards required by major institutions. As the value moving through the Super Portal accelerates, the security standard required to secure rises with it. Mantle’s migration to Chainlink CCIP reflects a calculated decision to meet that standard, driven by security and risk considerations, and to align with a broader industry shift towards secure-by-default infrastructure.
The Super Portal will be temporarily suspended during the migration, tentatively scheduled for 9 to 15 July 2026. As with any infrastructure migration of this scale, the window may extend slightly beyond this estimate to ensure a complete and secure transition. No action is required from users: existing MNT on Ethereum and Solana is unaffected, as are all interactions involving MNT on Byreal and Bybit, and transfers will resume automatically once the migration is complete.
A Security Upgrade for the Mantle Super Portal
The Mantle Super Portal, developed in collaboration with Bybit, is Mantle’s cross-chain hub for moving MNT between ecosystems. It currently connects MNT between Ethereum and Solana, with further routes planned as Mantle expands.
With this migration, MNT has deprecated LayerZero OFT and adopted the Cross-Chain Token (CCT) standard, with all transfers through the Super Portal now secured by Chainlink CCIP. Under the CCT standard, all transfer controls are configured by Mantle, providing full autonomy and ownership over its smart contracts and cross-chain token pool.
Beyond strengthening security, the migration establishes the foundation for MNT to interoperate across a wider range of chains, venues, and markets as Mantle grows, complemented by Bybit’s support for MNT deposits and withdrawals on Solana.
Chainlink CCIP is widely adopted across the blockchain industry to secure cross-chain transfers of high-value assets, as it is built on the same battle-tested Chainlink infrastructure that secures approximately 70% of DeFi and has enabled $32+ trillion in onchain value.
“As tokenized financial assets move from concept to scale, the infrastructure that carries them across chains cannot be an afterthought,” said Emily Bao, Key Advisor at Mantle. “Deprecating our legacy bridging solution and migrating the Super Portal to Chainlink CCIP brings every MNT cross-chain transfer in line with the security standards of the world’s largest financial institutions. It is the level of assurance the next phase of on-chain finance demands.”
“We’re continuing to see an industry trend of leading protocols upgrading their cross-chain infrastructure to meet the requirements of institutional adoption. Mantle’s migration to Chainlink CCIP reflects the growing recognition that secure-by-default infrastructure is critical for any cross-chain deployment to succeed at scale.” Johann Eid, Chief Business Officer, Chainlink Labs
Building the Secure Foundation for Tokenized Finance
As tokenized equities, money market funds, and other regulated assets increasingly move on-chain, the infrastructure carrying them is being held to the standards of traditional finance. Securing the Super Portal with Chainlink CCIP reinforces Mantle’s position as the distribution layer connecting traditional finance and on-chain liquidity, where security of this caliber is a precondition and builds toward Mantle and Bybit’s continued commitment to grow MNT through further integrations, opportunities, and use cases.
Mantle’s vision of a full-stack RWA layer, built on bedrock liquidity, aligns directly with Chainlink’s evolution into an all-in-one oracle platform powering real-world asset tokenization, collateral mobility, and composability across chains. That alignment extends into the infrastructure itself as Chainlink secures the flow of value, Mantle secures the rails it moves on.
As the ecosystem grows, Mantle will continue to deploy the most secure infrastructure available across its stack, matching the protection of every asset to the value it carries.
About Mantle
Mantle positions itself as the premier distribution layer and gateway for institutions and TradFi to connect with on-chain liquidity and access real-world assets, powering how real-world finance flows. With over $2B+ in community-owned assets, Mantle combines credibility, liquidity and scalability with institutional-grade infrastructure to support large-scale adoption. The ecosystem is anchored by $MNT within Bybit, and built out through core ecosystem projects like mETH, fBTC, MI4 and more. This is complemented by Mantle’s partnerships with leading issuers and protocols such as Ethena USDe, Ondo USDY, and OP-Succinct.
For more information visit mantle.xyz.
For more social updates, please follow: Mantle Official X & Mantle Community Channel
For media enquiries, please contact: [email protected]
About Chainlink
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and the market leader powering the majority of DeFi. The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world’s largest financial services institutions have also adopted Chainlink’s standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, and top protocols such as Aave, Polymarket, Lido, Lighter, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Apple and Broadcom have reached a multi-year chip agreement, with an estimated value of over $30 billion.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The team behind the Midnight Network has launched the claim portal for the Glacier Drop, opening up the first phase of the NIGHT token distribution.
Following the launch, 33.6 million eligible addresses across eight major blockchains can now claim their free NIGHT tokens on the portal. The supported blockchains include XRP Ledger, Cardano, Solana, Bitcoin, BNB, Ethereum, Basic Attention Token, and Avalanche.
Notably, the Glacier Drop portal went live just a day after Cardano founder Charles Hoskinson teased its launch in a cryptic tweet. It was captioned “tomorrow kids” and was accompanied by a GIF, which reads “So it begins.”
Expectedly, the post elicited several reactions, with users suggesting that the team was preparing to launch the Glacier Drop claim portal. Interestingly, the portal has gone live, enabling eligible users to claim their NIGHT tokens.
BREAKING: Midnight has opened the claim portal for the Glacier Drop 🔥
A free $NIGHT token distribution is now live for 33.6 million eligible addresses across $ADA, $BTC, $ETH, $XRP, $SOL, $BAT, $BNB, and $AVAX.
Cardano $ADA holders are eligible for the largest share. pic.twitter.com/itxmHygKpG
— Cardanians (CRDN) (@Cardanians_io) August 5, 2025
How to Claim NIGHT Users can claim their tokens in four steps. The first step involves visiting the claim portal and connecting the “origin address.” It is worth noting that the origin address is the same as the one that qualified for the airdrop.
Upon connecting this address, users can provide a destination address to receive the free NIGHT allocations. To complete the claim, users must accept the terms and conditions and also sign the transactions.
Phases of NIGHT Airdrop The Glacier Drop, which is the first phase of the claim, will last 60 days. Once this phase ends, the Scavenger Mine–the second phase–will commence immediately for the next 30 days.
During this phase, users are required to complete computational tasks to earn a share of unclaimed tokens. Eligible users who missed the Glacier Drop will be presented with another opportunity to claim their tokens in a subsequent phase dubbed Lost-and-Found. Any unclaimed tokens after this event will be allocated to the Midnight treasury.
ADA Holders Remain Biggest Gainers Although the Glacier Drop supports addresses from major blockchains, Cardano users will receive the lion’s share. As previously reported, 50% of NIGHT’s token supply, equivalent to 12 billion tokens, is reserved for ADA holders. 20% of the supply, translating to 4.8 billion tokens, will be allocated to eligible users on the Bitcoin network.
The remaining 30% supply, or 7.2 billion NIGHT, will be split among Avalanche, XRPL, Solana, Basic Attention Token, BNB, and Ethereum users.
According to sources, Over 33 million addresses are eligible for claims:
ADA: 1,072,307
BTC: 17,562,278
XRP: 2,213,942
ETH: 7,862,092
SOL: 3,465,122
BNB: 1,213,677
AVAX: 227,793
BAT: 24,605
Users’ individual holdings of eligible tokens at the time of the snapshot will determine the amount of tokens they will receive.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
With a focus on user-first web3 applications and messaging app integration, along with its fiat/crypto hybrid payment capabilities, Kaia aims to simplify web3 adoption, solidifying its foothold in Asia and now worldwide. This article explores what sets Kaia apart, how its Mini DApps on LINE Messenger work, and why it’s gaining traction in the global blockchain ecosystem.
KEY TAKEAWAYS
➤ Kaia is a layer-1 blockchain tied to KakaoTalk and LINE, dominant messaging apps in South Korea and Asia.
➤ The Kaia ecosystem also includes its native USDT-enabled wallet and savings accounts, an on-chain DEX, and staking options.
➤ Kaia aims to lead KRW and JPY stablecoin markets via hybrid payments with KakaoPay, Tether, and LINE NEXT.
Table of Contents
What is Kaia chain?What differentiates Kaia in the global L1 landscape?How does Kaia work?Mini DApps and ecosystem DAppsConsumer DeFi on KaiaHigh potential in stablecoin businessesKaia ecosystemPartnerships and ecosystemIs Kaia leading web3 adoption in Asia?Frequently asked questions What is Kaia chain? Kaia is a layer-1 (L1) blockchain network developed to support consumer-facing decentralized applications (DApps), particularly through integrations with the LINE and KakaoTalk mobile messaging/superapp platforms.
Launched in 2024, Kaia emerged from the merger of two established Asian blockchain networks, Klaytn and Finschia. Klaytn and Finschia were originally developed by Asian IT giants, Kakao and LINE, respectively, leading to their separate reputations regarding enterprise and consumer blockchain use cases.
At the beginning of 2024, both organizations suggested combining their mainnets to create what they intended to be the biggest web3 network in Asia. After the merger was finalized in August 2024, Kaia was introduced as the new chain. The newly established Kaia DLT Foundation assumed governance responsibility.
What differentiates Kaia in the global L1 landscape? With a focus on usability and scalability, Kaia aims to bring blockchain-based services to non-technical users and mainstream consumers through a mobile-first approach across Asia and beyond worldwide. The Kaia chain is:
EVM-compatible 1-second block times Instant finality High throughput Advanced account abstraction stacks Its most distinctive feature is Mini DApps within LINE Messenger. This allows users to engage with crypto services such as token swaps, gaming, and savings without leaving the comfort of their mobile phones. This gives Kaia a unique distribution advantage — LINE’s 196 million users across Japan and Southeast Asia serve as a built-in audience for web3 services.
As a result, Kaia represents a compelling case study in embedding web3 functionality into Asia’s leading superapp platforms that already have strong user bases. Due to its advanced account abstraction stacks, Kaia’s DApps provide a user-friendly interface, which ensures a quick, easy, and flexible user experience at their fingertips.
Kaia is also capable of launching full-fledged stablecoin businesses through its extensive business network and technical readiness. This allows it to cater to global and Asian local markets, such as Korea and Japan, where pro-crypto regulatory frameworks are currently taking shape, following the shifting crypto space in the global market, including the USA.
Kaia now plans to collaborate with fintech platforms, such as KakaoPay, which are payment services natively embedded in superapps. The objective is to integrate fiat-to-crypto hybrid payment solutions into users’ everyday mobile or web applications. Thus, Kaia will be well-positioned to lead the promising local stablecoin segment.
Kaia’s growing user base: Dune How does Kaia work? The Kaia network uses a Byzantine Fault Tolerance-based mechanism and features a layered node architecture designed for scalability and security.
Core Cell Network (CCN): Includes Core Cells (CCs) that manage transaction validation, execute smart contracts, and produce new blocks.
Endpoint Node Network (ENN): Made up of Endpoint Nodes (ENs) that handle API requests and relay data between users, service chains, and the main network.
Service Chain Network (SCN): Comprises independent blockchains operated by DApps, connected to Kaia’s mainnet through Endpoint Nodes for interoperability and scalability.
Thanks to EVM compatibility, developers familiar with Ethereum can deploy on Kaia with ease. The network also facilitates cross-chain asset flows through bridges like Orbiter and Stargate, allowing users to transfer their assets between Kaia and other ecosystems.
Mini DApps and ecosystem DApps Mini DApps are lightweight decentralized applications designed for quick and easy use directly within LINE Messenger. These apps are important to Kaia’s strategy because they provide mobile- and user-centered access to web3 services like gaming, DeFi, digital rewards, and token transactions without downloading additional wallets or interfaces.
Popular titles include games like Elderglade and Bombie, as well as DeFi applications such as CapybaraDEX, DragonSwap, decentralized exchanges, and Lair Finance, a liquid staking protocol.
This success has helped Kaia become the fifth-largest EVM-compatible L1 chain by active wallets as of July. Its top three Mini DApps see an average revenue per paying user (ARPPU) of $2,353 (15,719 $KAIA), demonstrating strong monetization alongside user engagement.
This model reflects a hybrid approach combining web2 usability and web3 functionality. It reduces friction for new users and provides familiar interfaces.
“LINE’s Mini DApps encompass a variety of genres and types of productivity. DApps that mainstream users can access at their fingertips will increasingly meet diverse consumer needs at their fingertips. This is how Kaia offers consumer-focused Web3 services that help users avoid complexity when it comes to signing in for a conventional DApp,” said Dr. Sam Seo, Chairman of Kaia DLT Foundation.
Consumer DeFi on Kaia Kaia’s consumer DeFi strategy centers on delivering financial products through familiar mobile interfaces. These services are embedded within messaging apps and aim to simplify crypto-related interactions. Key offerings include:
Digital wallets and savings accounts supporting the native Kaia USDT On-chain decentralized exchanges and DeFi protocols Staking solutions that let users earn yield on their KAIA holdings or other supported assets Users can interact with these services using Kaia’s Mini DApps or Kaia-powered Mini DApp Wallet system, accessible within LINE Messenger. For example, a user can earn crypto by playing a game and deposit it into a yield-bearing savings account without exiting the app.
Additional layers of financial infrastructure include an AI-driven strategy manager and a fiat on-ramp for local currencies.
High potential in stablecoin businesses In May 2025, Tether introduced native USDT on the Kaia Chain. As a result, Kaia users can now conduct payments and will soon be able to make cross-border transfers with stablecoins right from their chat interfaces, or on/offramps such as Slash Payment (https://vpc.slash.fi/).
“Starting from the partnership with Tether, we are collaborating with our valuable partners to ensure extensive stablecoin projects, such as KRW- or JPY-backed stablecoins and crypto-powered hybrid payment solutions, on the Kaia chain, after regulatory frameworks become clear in these countries,” Dr. Sam Seo added.
Kaia’s goal is to provide hybrid payment options, yield-bearing opportunities in a familiar format, and cross-border remittance services, catering to users who face low domestic interest rates, limited access to U.S.-dollar-denominated savings products, and costly currency exchange transactions.
Through these stablecoin offerings, Kaia attempts to meet the growing demand for accessible and transparent financial instruments in multiple regions around the world.
Kaia ecosystem Kaia prioritizes accessibility and mobile usability. Its core services are available through the Kaia Wallet, which is integrated into LINE Messenger and serves as the gateway to all Mini DApps. Your existing OKX and Bitget Wallets get you through to DApp Portal within half a minute of the registration process, while there is also the web version of DApp Portal that supports instant login with Google accounts. The wallet allows users to:
Store Send Receive Interact with DApps and earn rewards DApp Portal within LINE Messenger is the main directory for discovering more than 87 Mini DApps built on Kaia. These include games, savings tools, and other services that can be accessed with just a few taps. Unlike most blockchain platforms, Kaia eliminates the need for browser extensions or separate wallet apps.
For trading and liquidity, $KAIA is listed on most major exchanges, including Binance, Bybit, Bitget, Gate.io, Bitfinex, and Bithumb. USDT issued on Kaia is also supported across various platforms, including CEXs, on-chain wallets and DeFi protocols.
Developers can use SDKs, smart contract libraries, and tools like the Kaia Agent Kit to build applications tailored to mobile-first environments. This integrated approach helps position Kaia as a solution for mobile web3 participation.
Partnerships and ecosystem Kaia’s expansion strategy includes forming partnerships across infrastructure, custody, exchange, and application layers.
Among its most prominent partnerships is its work with Tether. Custody provider Fireblocks supports secure asset management for institutions building on Kaia, while exchanges like KuCoin and MEXC provide listing support for ecosystem tokens, including those from Mini DApp TGEs.
Business incubator Republic assists with tokenomics and project acceleration, offering advisory services to developers.
Beyond partnerships, Kaia has introduced programs like Kaia Wave and Kaito Yapper Leaderboard to encourage user content and incentivize developer activity. The foundation has also run developer bootcamps and launched analytic tools to improve ecosystem visibility.
Developer and builder support is structured across four programs:
➤ Ignite on Kaia (IOK): supports early-stage builders with onboarding and GTM help
➤ Kaia Wave: facilitates builder’s Mini DApp onboarding and boosts consumer adoption through ecosystem awareness activities in cooperation with LINE NEXT
These efforts have been backed by a recent funding round led by 1kx and Blockchain Capital, with participation from Galaxy Digital and others.
“Backed by foremost tech leaders like LINE, Kakao, and Tether as well as leading global partners, such as Blockchain Capital, 1kx, and Spartan Group, Kaia’s ecosystem shows unprecedented potential for growth and innovation. […] Since all Ethereum developer tools work seamlessly with Kaia as an EVM chain with full EVM compatibility, you can leverage familiar workflows as if without navigating a new ecosystem,” Dr. Sam Seo stated.
Is Kaia leading web3 adoption in Asia? Kaia presents a unique model for web3 growth in Asia and beyond by leveraging existing digital infrastructure and mobile platforms to deliver blockchain services. Its focus on superapp Web3 integration like Mini DApps, stablecoin-powered fiat/crypto hybrid finance and payment solutions, and in-app user experiences represents a significant departure from traditional crypto onboarding paths.
The platform also offers one of the most developed examples of mainstream web3 integration. Its approach could serve as a blueprint for other regions seeking to drive adoption through embedded, user-friendly blockchain applications.
Frequently asked questions What is Kaia Blockchain? Kaia is a Layer-1 blockchain created from the merger of Kakao’s Klaytn and LINE’s Finschia, focused on consumer-facing Web3 services across Asia.
What are Mini DApps on Kaia? Mini DApps are lightweight, mobile-optimized decentralized apps embedded in messaging platforms like LINE, covering games, finance, and more.
How is Kaia different from other blockchains? Kaia focuses on messaging app integration, mobile-first UX, and real-world asset DeFi, targeting a non-crypto-native audience in Asia. Additionally, Kaia’s fintech integration will ensure a robust Asian and worldwide stablecoin and crypto/fiat hybrid payment ecosystem, due to its strong business network.
Where can I buy or use KAIA? KAIA is listed on exchanges like Bitfinex, KuCoin, and Bybit. Users can also earn and spend KAIA within Mini DApps through the LINE DApp Portal.
PANews reported on February 26 that the IoTeX Foundation announced its latest tracking and full compensation plan regarding the ioTube cross-chain bridge security incident that occurred on February 21. The team stated that it has completed the full-chain tracking of the stolen funds. Most of the CIOTX has been frozen on-chain, and the remaining assets have been converted into approximately 2,183 ETH and crossed over to the Bitcoin network. The relevant BTC addresses are currently under monitoring. The Foundation promises 100% compensation to all users who held USDC, USDT, ETH, and WBTC bridged from Ethereum to IoTeX at the time of the incident: users with losses of $10,000 or less will receive a one-time full compensation; users with losses exceeding $10,000 will receive the first $10,000 immediately, with the remainder distributed over four quarters, plus an additional 10% compensation in the form of 12-month staked IOTX. The platform will open the official recovery address and Claims Portal on February 27. Users need to summarize their affected assets, transfer them all at once, and submit on-chain transaction information to complete the verification and compensation process.
World Mobile Token ($WMT) has partnered with Fireblocks, an enterprise-grade digital asset management solution. This collaboration seeks to increase security on one of the WMT Migration Portal platforms, which started on September 30th, 2024.
🤝 We're delighted to announce our collaboration with @FireblocksHQ to bolster the security of the recently released Migration Portal.
🔐 Fireblocks' enterprise-grade platform is integral to providing a seamless and protected token migration process for our valued WMT holders.… pic.twitter.com/eNMxEBjqIS
— World Mobile Chain (@wmchain) October 4, 2024 The platform will make token migration safe and efficient so that token holders can shift from the Cardano-based WMT to the preferred ERC-20 WMTx token. This partnership plans to launch the token across the Ethereum, Base, and BNB Chains. WMT disclosed this strategic partnership to the crypto community through an X post.
Fireblocks Infrastructure Enhances Security Fireblocks ensure that WMT holders experience a seamless token migration. By leveraging Fireblocks’ advanced platform, World Mobile Token reinforces its commitment to providing users with a safe and efficient process for moving their assets.
According to Zachary Vann, Head of Token at World Mobile Token, the integration of Fireblocks signifies their dedication to ensuring the security and reliability of the migration process. Vann emphasized that the partnership allows token holders to migrate confidently, knowing their assets are protected throughout the process.
World Mobile Token’s Migration Portal Offers Flexibility World Mobile Token’s Migration Portal includes a bridge to Cardano, offering holders additional flexibility. This feature allows users to upgrade to the ERC-20 WMTx token while maintaining connections to the Cardano network. The expansion to multiple blockchains signals a significant milestone for WMT as it continues its mission to provide global connectivity through its decentralized mobile network.
Stephen Richardson, Managing Director of Financial Markets at Fireblocks, stated that the collaboration aligns with Fireblocks’ goal of delivering top-tier security for digital asset management. He added that Fireblocks is proud to support World Mobile Token’s expansion efforts and facilitate a secure migration for WMT holders.
The migration portal opening marks an essential phase in WMT’s expansion, underscoring the company’s dedication to security and user experience. The collaboration with Fireblocks ensures token holders can migrate their assets securely while supporting WMT’s growing ecosystem. This partnership highlights WMT’s commitment to setting a new standard for token migration, focusing on security and accessibility for its users.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
This week’s crypto calendar is packed with major events, including significant token unlocks across multiple ecosystems and the launch of Aptos’ staking exchange-traded product (ETP). Additionally, FTX victims are closely watching for anticipated settlements.
These developments are likely to increase volatility, particularly for ecosystem-specific tokens, urging traders and investors to adjust their strategies accordingly.
Avalanche, Oasis Network, Cardano UnlocksBeInCrypto reported that several ecosystems have token unlock events lined up for the week. Key mentions include the Avalanche, Oasis, and Cardano, expected to unleash 1.67 million AVAX, 176 million ROSE, and 18.53 million ADA tokens, respectively.
Taken together, these three events make up unlocks worth approximately $90 million between Monday and Thursday. Of note is that all these events will constitute cliff unlocks, which increase the chances of significant price impacts. Meanwhile, investors typically view token unlocks as bearish catalysts since they increase token supply, potentially outpacing demand.
Token Unlocks This Week. Source: TokenomistBitwise’s Aptos Staking ETP LaunchBitwise Asset Management is set to launch the Aptos Staking ETP (APTB) on the Swiss exchange SIX on Nov. 19, marking a major step in the crypto asset investment landscape. As the first Aptos Staking ETP, it demonstrates Bitwise’s commitment to expanding investment opportunities. APTB targets both institutional and retail investors, providing daily liquidity on the exchange with potential returns of approximately 4.7% after fees through staking.
Bitwise Aptos Staking ETP, APTB. Source: BitwiseFTX Settlements HearingsBankrupt cryptocurrency exchange FTX has secured significant settlements pending court approval, with a hearing set for Wednesday, November 20. The potential milestones, with Evolve Bank and the Silicon Valley Community Foundation (SVCF), could enable FTX to recover up to $21 million in assets, positioning it among the top crypto news this week.
These pending developments represent FTX’s efforts to maximize creditor recovery. The settlements highlight the firm’s strategy of negotiating asset returns and sidestep lengthy and costly litigation.
In its agreement with Evolve Bank, FTX will recover approximately $12.77 million from three accounts tied to West Realm Shires Services Inc., an FTX affiliate. Meanwhile, the bank will retain $462,698.65 for indemnification. As part of the deal, Evolve Bank has waived all potential claims against FTX, including indemnity and legal expenses under their prior agreement.
Similarly, FTX has reached a settlement with SVCF to recover $8.57 million and 34,208.70 FTT tokens. Former FTX executives Nishad Singh and Caroline Ellison originally donated these assets, with the foundation selling a portion before FTX’s collapse.
By agreeing to return the remaining funds and tokens, SVCF avoids litigation while FTX secures another step toward its recovery goals. Both settlements reflect FTX’s methodical approach to reclaiming funds amid its bankruptcy proceedings.
Kava 17 Mainnet UpgradeAnother top crypto news story this week is the voting period for the Kava 17 mainnet upgrade ending on November 20, which is expected to pass with a 99.47% approval so far.
It entails the deployment to Kava Mainnet at height 12766500 around 15:00 UTC on November 21. In this upgrade, the low-level data structure is updated to IAVL V1, an upgraded data format for the low-level storage of application data in the Kava blockchain.
Kava Upgrade Proposal Vote. Source: MintscanThe change in format results in much more chain performance synchronization and greatly reduces the storage footprint required for Kava nodes.
Lisk Airdrop CampaignLisk airdrop also makes it to the list of top crypto news this week. As BeInCrypto reported, Lisk launched its mainnet and airdrop campaigns with 15 million LSK tokens on November 12. The campaign, expected to start on November 21, will set the pace for an App Bounty Quest campaign that will launch towards the end of the year.
Meanwhile, the first season of the airdrop will run for four months. It incentivizes new users and builders to engage with Lisk’s blockchain ecosystem. In alignment with this effort, Lisk is implementing a comprehensive plan reflecting its past year’s progress through strategic partnerships and various programs. This launch represents a new phase for Lisk, and the results will be closely monitored.
Airdrop participants can earn points by completing a range of activities on the Lisk Portal. The number of tasks completed is directly proportional to points earned. It will determine the total LSK tokens received at the end of the campaign period.
Zero1 Labs v2 Token UnveilZero1 Labs, an innovative AI project making significant strides in artificial intelligence (AI), will unveil its V2 token on November 20.
“A bold step forward for the only community-run and launched AI ecosystem. DEAI will be the primary asset driving decentralized AI, supporting both Cypher Chain and Cypher Nodes. The first PoS chain with fully homomorphic encryption, purpose-built for AI,” the team shared on X (formerly Twitter).
Further, the Zero1 Labs team said it would not partner with the Artificial Superintelligence Alliance (ASI). It is taking a different path from peers like Cudos (CUDOS) and Injective (INJ). Notably, the debut will coincide with Nvidia’s third quarter (Q3) earnings, positioning its native token, DEAI, for volatility.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Canadian DJ BLOND:ISH, a key resident at Pacha Ibiza and a rising figure in Web3 music, has just deployed the portal for her $NRG token on Solana. The concept: transform community energy into tangible access: guestlists, backstage, exclusive music through a deflationary mechanism anchored on the blockchain. The launch follows Paris Blockchain Week 2026, where $NRG powered the official closing party in the Gustave Eiffel Salon on the first floor of the Eiffel Tower in front of 300 founders and investors. A model that goes beyond the simple fan token to lay the foundations of what the team calls an “energy economy.”
In Brief The $NRG portal is live: token holders on Solana gain direct access to guestlists and backstage areas of BLOND:ISH and Abracadabra shows worldwide. Three access tiers (Explorer, Insider, Supreme) determined by the number of tokens held for at least 30 days. Each backstage access requires a burn of $NRG: circulating supply decreases with each use, creating a deflationary mechanism. The Paris Blockchain Week 2026 closing party, held on April 17 at the Gustave Eiffel Salon, showcased the model with support from OKX, PSG Labs, and Matchain. BLOND:ISH has 6.5 million monthly listeners on Spotify and 141 releases on labels such as Kompakt, Defected, and Insomniac Records. How does the $NRG portal work? The portal accessible at https://www.everythingisnrg.xyz/ serves as the entry point to the ecosystem. Its operation is based on a simple principle: holding $NRG for 30 days unlocks access to BLOND:ISH shows and those of her label Abracadabra worldwide. The more tokens held, the greater the privileges. The first tier, Explorer, starts at 13,333 $NRG and offers two guestlist spots per year. The Insider level (100,000 $NRG) adds backstage access and a 20% discount via the burn mechanism. The Supreme tier (333,333 $NRG) increases to eight guestlists and four annual backstage accesses, with a 40% discount on burn.
The burn is the cornerstone of the economic model. Unlike traditional fan tokens that simply grant voting rights or community badges, $NRG requires the permanent destruction of tokens to access premium experiences. Each backstage access permanently removes $NRG from circulation. The total supply therefore contracts as the token’s real utility is used. The portal also offers a “Fast Track” for non-holders: a one-time purchase allows access to a show without holding the token, but at a premium price that makes holding more advantageous over time.
This mechanism differs from previous attempts at artistic tokenization. BLOND:ISH had already experimented with a community token, $ISH, via the P00LS platform, with results limited to access to exclusive content. $NRG takes it a step further by introducing what the team calls an “energy tax”: any promoter, festival, or Web3 project wishing to collaborate with the artist or Abracadabra must go through the token. Demand therefore no longer comes only from fans, but from the entire professional ecosystem surrounding the brand.
$NRG at the Eiffel Tower: When music meets blockchain The official closing party of Paris Blockchain Week 2026, held on April 17 in the Gustave Eiffel Salon, embodied the project’s philosophy at scale. Around 300 founders, investors, and operators from the crypto, tech, and cultural ecosystem gathered on the first floor of the Eiffel Tower for an invitation-only event, with BLOND:ISH performing a DJ set from 10:15 PM to 11:45 PM. The event was co-produced by INDIGO Fund, the digital asset investment fund co-founded by BLOND:ISH (Vivie-Ann Bakos), Thomas Puech, and Nathanaël Cohen, alongside the American production company Rasa.
The list of sponsors illustrates the convergence between culture and digital finance. OKX, one of the largest global exchanges, PSG Labs, the Web3 arm of Paris Saint-Germain, and Matchain were among the confirmed partners. The event was livestreamed on Twitch and Pumpfun, allowing the $NRG community to attend in real time. This type of activation is not isolated: INDIGO and $NRG had already organized similar events at the W Hotel during Art Basel Week in Miami and at TOKEN2049 in Dubai, positioning each gathering as a networking hub anchored in the token.
The model driven by $NRG raises a question that the entire crypto ecosystem is watching closely: can the tokenization of cultural access move beyond the stage of a one-off event? The bullish outlook relies on network effects: the more shows multiply, the more the burn reduces supply, and the more attractive holding becomes.
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In brief The Labor Department launched an AI apprenticeship portal on Wednesday. The site offers AI literacy tools and industry-specific training resources. The move signals a broader federal push to prepare workers for AI adoption. The U.S. Department of Labor on Wednesday announced the launch of a new website aimed at helping workers and employers build artificial intelligence skills and expand AI-focused apprenticeship programs.
The website, called the AI in Registered Apprenticeship Innovation Portal, debuted during a National Apprenticeship Week event as a one-stop resource to help organizations build AI literacy and create or update Registered Apprenticeship programs with AI-related skills.
“The department is committed to ensuring that every American has the opportunity to thrive in our nation's workforce, especially in a world that is rapidly being reshaped by artificial intelligence,” Acting Secretary of Labor Keith Sonderling said in a statement, calling it a major step forward in preparing the American workforce for the jobs of the future.
The announcement also comes amid growing fear that artificial intelligence could disrupt or replace jobs across industries, prompting growing pressure on the government and employers to provide training and pathways to adapt to the technology.
The apprenticeship initiative builds on the department’s AI Literacy Framework, released in February, which offers guidance for integrating AI skills into apprenticeship programs through training resources, industry-specific tools, and flexible pathways.
According to the Labor Department, the portal organizes its resources into three areas: AI skills and literacy in Registered Apprenticeship programs, AI skill-building by industry, and ways to integrate AI into existing or new apprenticeship programs. It includes AI training modules tailored to industries, including education, finance, healthcare, and advanced manufacturing.
“The launch reflects this Administration’s commitment to ensuring American workers and businesses are equipped to lead in an AI-driven economy,” Assistant Secretary for Employment and Training Henry Mack said in a statement. “By providing employers with the resources to develop AI-ready Registered Apprenticeship programs and workers with the skills to thrive in them, the Department is taking concrete action to build the workforce of the future, today.”
The department said employers can also use the portal to join existing national apprenticeship programs, create new programs for AI-focused roles, or update existing programs to include AI-related skills.
The announcement also comes as the Donald Trump administration pushes a broader national AI agenda, including a White House policy framework released in March that calls for federal AI standards, expanded infrastructure, and a unified national approach to issues ranging from workforce development and child safety to innovation, and free speech as businesses and government agencies adapt to the technology’s rapid spread across industries.
“The Trump Administration is committed to winning the AI race to usher in a new era of human flourishing, economic competitiveness, and national security for the American people,” the White House said in a statement. “Achieving these goals requires a commonsense national policy framework that both enables American industry to innovate and thrive and ensures that all Americans benefit from this technological revolution.”
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
950 organic holders, $3.6M market cap, zero paid marketing. Launching alongside a Summer 2026 World Tour spanning 13 countries and a 12-week Pacha Ibiza residency. Starting with BLOND:ISH, built for every artist
IBIZA, Spain – April 28th, 2026 — BLOND:ISH, the internationally touring DJ and producer Vivie-Ann Bakos, has launched The NRG Portal — a token-gated access platform on Solana that replaces the broken guestlist system in live music with on-chain infrastructure. The Portal launches alongside her Summer 2026 World Tour: 45+ shows across 13 countries from May to August, anchored by a 12-week residency at Pacha Ibiza and headline appearances at Primavera Sound, Pukkelpop, Loveland, and Slottsfjell. The Portal is live at everythingisnrg.xyz
The Problem: 500 DMs Per Show Every BLOND:ISH show generates hundreds of direct messages from fans requesting guestlist and backstage access. Fans DM promoters who ghost them, beg friends-of-friends, stand in line hoping, and get turned away. Artists face a different version of the same problem — no fair way to choose, guilt from saying no, middlemen taking cuts, and a lost direct connection with their community. The guestlist system in dance music has been broken since it was invented.
The Solution: Access as Infrastructure $NRG replaces DMs, luck, and who-you-know with a transparent, on-chain access layer. Holders who maintain $NRG for 30 days unlock guestlist and backstage access at any BLOND:ISH or Abracadabra show worldwide, over 120 performances annually across 30+ cities.
The Portal operates on a three-tier membership system based on token holdings:
Explorer (13,333 $NRG) — 2 guestlist spots per year, early access to unreleased music Insider (100,000 $NRG) — 4 guestlist + 2 backstage spots per year, 20% burn discount, guaranteed popup access Supreme (333,333 $NRG) — 8 guestlist + 4 backstage spots per year, 40% burn discount, guaranteed popup access Backstage access requires burning $NRG, permanently removing tokens from circulation. Every burn shrinks total supply, meaning every remaining holder benefits each time someone walks backstage. A non-holder Fast Track option also exists for one-time guestlist or backstage access, though holding $NRG is always cheaper.
Not a Meme. Energy as Infrastructure. $NRG is positioned not as a speculative token but as coordination infrastructure for artist-fan access at scale. The portal organizes all inbound demand around BLOND:ISH and Abracadabra, from fans who want guestlist and backstage, to unreleased music, to partners who want to collaborate.
Access is the real currency in culture, and right now it’s negotiated in the worst place possible: scattered DMs, luck, and who you know. $NRG is a coordination layer that makes access scalable for the people in my culture and for partners who want skin in the game. My goal is to unlock one billion people living their best life through my music, and $NRG is how that scales.
— Vivie-Ann Bakos, founder of $NRG and creator of the Abracadabra event series The model is designed to extend beyond a single artist. The two-sided problem: fans with no reliable path to access, artists drowning in unmanageable demand – exists for every performing artist in the world. $NRG starts with BLOND:ISH and is built for everyone.
Since launching organically with no paid marketing, $NRG has grown to 950 holders with a market capitalization of $3.6 million on Solana.
Holders can now claim guestlist and backstage at any Summer 2026 tour date, including the Pacha Ibiza residency, Primavera Sound, Pukkelpop, Loveland, and the already-sold-out Toronto Sunnyside Sessions — at everythingisnrg.xyz
About $NRG $NRG is the access token of the BLOND:ISH and Abracadabra universe, built on Solana. Not a meme, energy as infrastructure. It replaces broken guestlist systems with token-gated, on-chain membership that scales with the artist’s culture.
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The contents and products mentioned on this page are in no way approved by Cointribune and should not be interpreted as falling under its responsibility.
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Key HighlightsPlatform Facilitates Digital Asset Collateral Across Multiple Trading VenuesStreamlined Collateral Deployment for Institutional Trading OperationsFinancial Sector Advances Blockchain-Based Collateral Infrastructure LMAX Group introduces Kiosk platform for institutional crypto collateral management. Platform enables digital asset deployment across foreign exchange, metals, and CFD trading. Kiosk integrates custody solutions with multi-market trading execution capabilities. Unified portal consolidates collateral management, security controls, and treasury operations. Launch aligns with institutional movement toward blockchain-based collateral infrastructure. LMAX Group has unveiled its Kiosk platform designed to facilitate institutional deployment of cryptocurrency holdings across diverse trading environments. This integrated portal merges custodial services, collateral management, and trade execution within a unified operational framework. The introduction addresses increasing institutional appetite for digital asset-backed trading solutions.
Platform Facilitates Digital Asset Collateral Across Multiple Trading Venues The LMAX Kiosk platform permits institutional participants to transfer cryptocurrency holdings directly into LMAX Custody infrastructure. These deposited digital assets can subsequently serve as collateral throughout the organization’s comprehensive trading environment. Market access encompasses foreign exchange pairs, precious metal contracts, cryptocurrency instruments, contracts for difference, and perpetual futures products.
The solution addresses operational complexity challenges faced by organizations managing cryptocurrency exposure. It consolidates deposit functionality, withdrawal processing, API authentication management, WalletConnect integration, security configurations, and treasury administration within a singular interface. Consequently, institutional clients can oversee collateral requirements without navigating multiple fragmented platforms.
According to LMAX Group, Kiosk represents an expansion of its established institutional framework. The company maintains operational presence across both conventional foreign exchange and digital asset marketplaces. Accordingly, this interface advancement furthers its strategic initiative to bridge traditional financial services with cryptocurrency market participation.
Streamlined Collateral Deployment for Institutional Trading Operations The platform introduction provides institutions with streamlined pathways for converting crypto holdings into operational trading strategies. Participants can pledge cryptocurrency assets as margin while executing transactions across diverse asset categories. This architecture potentially enhances capital efficiency for institutional balance sheet management.
David Mercer, Chief Executive Officer of LMAX Group, emphasized that optimized collateral mechanisms will underpin next-generation integrated capital markets. He highlighted that Kiosk delivers protected custody arrangements, frictionless connectivity infrastructure, and immediate collateral deployment capabilities. He further noted the product facilitates institutional incorporation of digital assets into fundamental trading systems.
LMAX has positioned Kiosk as a regulatory-compliant, institutional-caliber offering. The organization emphasizes the platform delivers access to established liquidity sources alongside secured custody arrangements. It provides participants with streamlined methods for expanding digital asset service capabilities.
Financial Sector Advances Blockchain-Based Collateral Infrastructure This platform debut coincides with broader financial industry experimentation regarding collateral frameworks connected to distributed ledger technology. Tokenized investment vehicles, cryptocurrency instruments, and regulated custody products increasingly influence market infrastructure development. Trading venues and investment managers are constructing systems enabling cross-market collateral utilization.
Franklin Templeton launched an institutional collateral initiative with Binance during the current year. That framework permits participants to pledge tokenized money market fund units as trading margin. Simultaneously, underlying assets maintain positioning within regulated custodial structures.
DTCC alongside additional prominent financial entities have similarly investigated tokenized collateral architectures. These initiatives reflect an industry-wide transition toward accelerated settlement processes and adaptable margin deployment. Through Kiosk, LMAX participates in this evolution by connecting cryptocurrency assets with foreign exchange, precious metals, derivatives, and digital asset trading environments.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
What Happened in the THORChain Exploit? THORChain has confirmed a $10 million exploit and launched a recovery portal for affected users, giving them a self-custodial route to revoke malicious token approvals and submit refund claims backed by a treasury-funded pool of the same size.
The protocol said affected users can now check what compensation they are eligible to receive after the attack. The recovery portal cites a PeckShield post-mortem saying the exploit was detected at 02:14 UTC on May 11, when node operators flagged anomalous outbound transactions. Trading and outbound signing were paused within 8 minutes.
The attacker drained 36.75 BTC, worth about $3 million, along with roughly $7 million in tokens across BNB Chain, Ethereum and Base. The incident affected 12,847 wallets across 4 chains, making it another reminder that cross-chain infrastructure remains one of DeFi’s most exposed risk areas.
How Will User Compensation Work? Affected users have 21 days to submit claims through THORChain’s recovery portal. The refund window closes on June 4, after which any unclaimed allocation will roll over into the protocol’s insurance fund.
The refund structure is important because it gives users a defined recovery path rather than leaving compensation open-ended. The treasury-provisioned pool also limits the immediate reputational damage by matching the reported exploit size, though it does not remove the deeper security questions raised by the breach.
For users, the main practical issue is timing. Claims must be submitted before the deadline, and users also need to revoke malicious approvals through the recovery process. For the protocol, the larger challenge is proving that the compromised infrastructure has been isolated and that similar vault-level risks cannot reappear.
Investor Takeaway THORChain’s refund pool may reduce immediate user losses, but the exploit raises a broader valuation issue for DeFi protocols: treasury strength now matters only if security architecture can protect the assets those treasuries are meant to support.
How Was THORChain Drained? THORChain said the leading theory is that the attacker exploited a vulnerability in the GG20 threshold signature scheme implementation. According to the protocol, the flaw allowed sensitive vault key material to leak gradually. After accumulating enough leaked data over time, the attacker was able to reconstruct the vault’s private key and authorize unauthorized outbound transactions.
The protocol also said a newly churned node entered the network several days before the attack and is currently believed to be linked to the incident. THORChain said onchain links were identified between the node’s bonding addresses and wallets that received the stolen funds.
“The Treasury is actively collecting forensic data and coordinating with Outrider Analytics and relevant law enforcement agencies in an effort to identify the attacker and pursue recovery of stolen funds where possible,” the protocol wrote.
The mechanics of the exploit matter because they point beyond a simple smart contract failure. If the leading theory is correct, the breach involved vault key reconstruction through leaked threshold-signature material, placing node operations, key management and cross-chain signing controls at the center of the investigation.
Why Does This Matter for DeFi Security? The THORChain exploit comes after a sharp rise in crypto losses. Crypto hacks reached $629.7 million in April, the worst month for the industry since February 2025, when $1.47 billion was stolen. KelpDAO’s $293 million exploit and Drift Protocol’s $280 million hack accounted for most of April’s losses, representing 82% of the total.
About the Author: Abdelaziz Fathi
Abdelaziz Fathi covers the intersection of forex/CFD brokerage, regulation, liquidity, fintech, and digital assets. With a B.A. in Finance and hands-on industry exposure, Aziz blends analytical rigor with clear storytelling to make complex market structure understandable for traders, brokers, and fintech professionals.
Oracle Today, we are excited to announce the expansion of our feeds’ coverage on COTI to support the launch of the COTI Privacy Portal, the simplest way for anyone to convert public tokens into private tokens on the COTI Network.
TL;DRBand is expanding its price feed coverage on the COTI Network with the addition of ADA, USDT, and gCOTI, building on the existing WBTC, ETH, COTI, and USDC feeds from our 2024 integration.COTI Privacy Portal is now live: convert public tokens to private in one click, and back again whenever you choose.The Band Unified Data Layer powers all price data powering the Portal.The Portal is non-custodial, fully on-chain, and powered by COTI's Garbled Circuits technology. Supports 7 tokens: COTI, ETH, WBTC, USDT, USDC, ADA, and gCOTI.IntroductionWhen Band integrated with COTI in late 2024, the goal was clear: bring reliable, decentralized price data to COTI's growing privacy-focused ecosystem. Today, that partnership takes a major step forward.
Today, we are excited to announce the expansion of our feeds’ coverage on COTI to support the launch of the COTI Privacy Portal, the simplest way for anyone to convert public tokens into private tokens on the COTI Network. Band is proud to be a core infrastructure partner, powering all price data that drives the portal’s functionality.
This is the partnership in action. It is a real product (not just infrastructure), live now, that any user with a MetaMask wallet can access at https://privacy.coti.io/.
What is the COTI Privacy Portal?The COTI Privacy Portal is the simplest way to take your tokens private and bring them back to the public without leaving your wallet. It gives anyone access to on-chain privacy in just one click: no technical setup, no complexity, no compromise on control. Your assets stay fully liquid and fully yours, whether they are private or public.
This opens the door to a new class of use cases, from confidential payments and private DeFi strategies to enterprise-grade privacy for supply chains and payroll, all at the fastest speed and lowest cost of any privacy protocol in the world.
The Band Unified Data Layer Powers All Price Data on the COTI Privacy PortalEvery token available in the COTI Privacy Portal, from COTI and WETH to gCOTI and WADA, has its price data served in real time by our flagship product, Band Price Feeds.
Reliable price data is foundational to any blockchain application, including the token portal. Even when balances are encrypted on-chain, accurate market pricing is needed to display values, support liquidity decisions, and enable the DeFi applications built on top of the Portal. Band's decentralized oracle infrastructure ensures this data is always available, tamper-proof, and sourced from multiple independent providers worldwide.
With the launch of the Privacy Portal, Band is expanding its feed coverage on the COTI Network to include three new price feeds: ADA, USDT, and gCOTI. This builds directly on the foundation laid in our 2024 integration, which first brought WBTC, ETH, COTI, and USDC price feeds to COTI. Together, Band now provides complete price data coverage for every asset available in the Portal.
For Developers on COTIIf you're already building on COTI using Band Price Feeds, nothing changes. The integration works exactly as before. Same proxy contracts. Same Band Standard Reference Contracts (Solidity). Same data flow.
Band Developer PortalBandChain DocumentationCOTI Developer DocumentationCOTI Privacy PortalWhat You Can BuildThe COTI Privacy Portal is the front door to a new class of Web3 applications that combine the transparency of public blockchains with the confidentiality of encrypted computation. With Band Price Feeds underpinning every token, developers can build with confidence:
Private peer-to-peer transactions: send and receive tokens with encrypted balancesConfidential payments and private payroll: businesses can process payments without exposing amounts on-chainPrivate DeFi strategies: execute trading and yield strategies without revealing positionsSupply chain settlements: settle invoices and contracts with privacyIdentity and asset protection: shield holdings from public visibility while maintaining auditabilityPrivate token transfers on COTI are among the fastest and lowest-cost of any privacy protocol, a fraction of a COTI token per transfer, making these use cases practical at scale.
Get StartedPrivacy Portal: https://privacy.coti.io/MetaMask Snap: metamask.coti.io/installCOTI Documentation: docs.coti.ioBand Documentation: docs.bandchain.orgAbout Band
Band is the data layer that trains AI engines and powers blockchain applications. By empowering DeFi, GameFi, and AI agents, it enables developers, institutions, and users to access real-time data with zero counterparty risk. With Band’s open, battle-tested data infrastructure built for blockchains and LLMs, it ensures that real-time information is always accessible, fueling everything from financial protocols to autonomous AI systems.
More about Band: https://linktr.ee/bandprotocol
About COTI
COTI is the programmable privacy layer for Web3. Built for enterprises, builders, and agents. Powered by high-performance Garbled Circuits and enterprise-grade COTI Nightfall (ZK), COTI enables encrypted computation on any public blockchain. Fast, low-cost, and compliant privacy across DeFi, AI, and beyond.
The Arbitrum Portal is now your single interface for moving and growing assets across Arbitrum, the largest financial ecosystem on Ethereum. Swap to any destination chain in a few clicks and put your assets to work in leading market opportunities without ever switching apps or reconnecting wallets.
Try Earn: https://portal.arbitrum.io/earn
Screenshot of Arbitrum Portal EarnStreamlined assets, built for speedThe new Arbitrum Portal interface enables you to move, swap, and earn in a single dashboard. No more tab-switching or managing dozens of open connections, just a seamless experience operating at software speed.
Get there faster: cross-chain swapsThe days of manual bridging and navigating disparate exchanges are over. Powered by LI.FI, the Arbitrum Portal now allows you to swap assets to any EVM destination chain in just a few clicks. Whether you’re moving from Ethereum mainnet or another network, you can acquire the assets you need and land them exactly where they need to be in one fluid motion.
Earn smarter: high-fidelity yieldThe new Earn feature is designed to simplify how you interact with some of the most established protocols in the programmable economy, allowing you to access a wide range of opportunities directly from the Arbitrum Portal interface, with no additional fees:
Lending & Variable Yield: Put your assets to work through Aave, Morpho, Fluid, and more.Liquid Staking: Maximize your ETH utility with Lido (wstETH) and Ether.fi (weETH).Fixed Yield: Access predictable returns on assets via Pendle.Anchored in security with autonomy by designWhile the Arbitrum Portal enables seamless cross-chain transfers from across the EVM, landing your assets on Arbitrum grants you direct access to the platform's predictable execution, rapid speeds, and low overhead, all secured by Ethereum’s public settlement layer.
Non-custodial by designThe Arbitrum Portal is a technical interface, not a middleman. Ownership and autonomy are preserved by design; you remain in total control of your funds at all times. Arbitrum Earn simply structures the transaction payload for you to interact directly with the verifiable software of certain established protocols. You leverage the native security of systems like Aave or Pendle without any intermediary contracts.
Supercharging the ecosystemThis upgrade serves as a powerful distribution engine for the builders leveraging the Arbitrum Platform. By surfacing top-tier protocols within a unified interface, we’re driving deeper liquidity and higher visibility to the teams building automated, software-driven markets.
For buildersThis seamless experience extends beyond the Arbitrum Portal. Application developers can bring this same universal onboarding experience to their own products using the Embedded Bridge Widget. This iframe-based solution allows you to embed native bridge and swap functionality directly into your frontend, ensuring your users can move assets leveraging mature market infrastructure without ever leaving your site.
What’s next?The Arbitrum Portal will continue to evolve, expanding support for more asset types, deeper cross-chain functionality, and a widening array of protocol integrations to further eliminate friction across the programmable economy.
Try Earn: https://portal.arbitrum.io/earn
Disclaimer: Neither The Arbitrum Portal nor Arbitrum Earn provide any financial advice or endorse specific tokens, vaults, or strategies. Please conduct your own independent research and consult with a qualified professional before making any decisions. This content does not constitute an endorsement or sponsorship of any product, service, project, or entity mentioned.
Earning yield on stablecoins just got a little less painful for Arbitrum users. The Arbitrum Portal, the Layer 2 network’s native gateway for users, now features direct deposits into Morpho-powered stablecoin vaults, turning what was once a multi-step DeFi scavenger hunt into something closer to a one-click experience.
The flagship offering is a USDC vault on Arbitrum One, currently sporting a 3.31% APY with $13.3 million in total value locked.
What Morpho actually does here Morpho is a credit network that optimizes lending across decentralized protocols, including heavy hitters like Aave and Compound. Think of it as a routing layer for your deposits: instead of you manually picking which lending pool to park your stablecoins in, Morpho’s infrastructure, called MetaMorpho, curates strategies across multiple markets to squeeze out better risk-adjusted returns.
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The vaults themselves are curated by entities like Steakhouse and Gauntlet, firms that specialize in risk analysis and parameter optimization for DeFi protocols. Gauntlet, in particular, has built its reputation on quantitative risk modeling for some of the largest lending protocols in crypto.
The Arbitrum Portal integration bundles this vault access with cross-chain swap capabilities and vault management tools. Users can deposit, monitor positions, and move assets across chains without leaving the portal interface.
The bigger picture: DeFi yield goes mainstream Morpho has been on a quiet integration spree, embedding its vault infrastructure into wallet providers and enterprise platforms. Trust Wallet and Fireblocks have both adopted Morpho’s solutions, bringing stablecoin yield access to millions of users who might never visit a DeFi dashboard directly.
When Bitget Earn launched its own yield product recently, over $50 million in USDT was deposited shortly after release, signaling genuine demand for optimized lending solutions, especially when the onboarding friction is low.
What this means for investors This product is not targeting yield farmers chasing triple-digit returns on obscure liquidity pools. It is targeting the much larger cohort of crypto holders who want their stablecoins to do something other than sit idle in a wallet.
What differentiates Morpho’s approach is the institutional-grade curation layer. Having named risk managers like Gauntlet and Steakhouse overseeing vault strategies is a meaningful distinction from platforms where yield sources are opaque or purely algorithmic.
The risk profile is worth considering, though. Even curated vaults carry smart contract risk, oracle risk, and the ever-present possibility that lending market conditions shift unfavorably. Users should understand that this is not a bank deposit with FDIC insurance. It is a DeFi product with real, if managed, risk.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The COTI Foundation, a non-profit organization behind the COTI blockchain network, is launching the COTI Privacy Portal. The Privacy Portal’s launch marks a key landmark in advancing blockchain-based privacy innovation. As COTI Foundation revealed in its official X announcement, the development enables consumers to seamlessly convert public tokens with one click, making them private. Hence, the move enables confidential transfers without any sacrifice on liquidity.
The COTI Privacy Portal is live 🔐
One click to make your tokens private. One click to bring them back.
✅ 7 supported tokens at launch.
✅ Send and receive private tokens
✅ Encrypted balances, visible only to you
✅ You hold the keys$COTI private tokens. Now in your hands.
👉… pic.twitter.com/eBeiQLU3tT
— COTI Foundation (@COTInetwork) May 31, 2026 COTI Foundation Unveils Privacy Portal to Enable One-Click Public-Private Token Conversion COTI Foundation’s launch of the COTI Privacy Portal enables public tokens’ conversion into private tokens with just a click. As a result, the consumers can enjoy confidential transfers with no sacrifice on liquidity. The portal currently supports 7 prominent tokens, providing consumers with instant access to robust private transactions across diverse assets.
Additionally, due to encryption, the balances are only visible to those owning the wallets. This guarantees maximum confidentiality. At the same time, with this move, COTI is getting a leading status in the privacy-driven decentralized finance (DeFi). In this respect, it provides a way for the management of private assets while retaining complete key controls.
Reinforcing Alignment with Regulatory and Enterprise Needs Along with that, the Privacy Portal of COTI Foundation is set to streamline the procedure of public-private toggling for digital assets. Consumers can receive and send private tokens seamlessly while retaining the option to revert their state to public when required. Such a dual functionality delivers flexibility to enterprises and individual traders seeking both confidentiality and transparency.
The COTI Foundation considers this partnership a notable move to fill the gap between blockchain innovation and institutional requirements. Moreover, the inclusion of the cutting-edge privacy features could advance adoption among entities concerned about regulatory alignment and confidentiality. Overall, with this initiative, the COTI Foundation has provided a practical solution to empower consumers to take full control of digital assets in a user-friendly, flexible, and secure way.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
MySDMC SSO (My School District of Manatee County Single Sign-On) is the official centralized login portal for students, parents, teachers, and staff in Manatee County, Florida. Access it at launchpad.classlink.com/manateeschools. One set of district credentials unlocks Canvas, Microsoft 365, Google Classroom, Schoology, Focus SIS, WebNet, IXL Learning, and all other district-approved applications — no separate logins required. The portal is free, mobile-compatible, and available 24/7.
Key Takeaways:
Official login URL: launchpad.classlink.com/manateeschools (ClassLink LaunchPad for Manatee Schools) Single sign-on: one username and password gives access to all district apps including Focus, Canvas, Schoology, and Microsoft 365 Mobile app: download ClassLink LaunchPad on iOS or Android — select “Manatee County School District” on setup Pre-K through Grade 2 students use Quickcard QR codes instead of typed passwords IT Service Desk: (941) 209-7400 | System status: status.mysdmc.manateeschools.net What Is MySDMC SSO? MySDMC SSO stands for My School District of Manatee County Single Sign-On. It is the centralized digital authentication gateway used by the School District of Manatee County (SDMC) — Florida’s 36th largest school district — to give every student, teacher, parent, and staff member secure access to all district educational tools through a single login.
Before SSO systems like this existed, users had to maintain separate usernames and passwords for every educational platform: one for Schoology, another for Canvas, another for Microsoft 365, another for the Focus gradebook, and so on. MySDMC SSO eliminates this by acting as a master key — log in once, and every district-approved application is instantly accessible from a single dashboard without re-entering credentials.
The system is powered by ClassLink, an enterprise education technology company whose LaunchPad SSO platform is used by school districts across the United States. Manatee County’s instance runs at launchpad.classlink.com/manateeschools and is provided at no cost to all enrolled students, parents, and district employees.
Who Uses MySDMC SSO? The portal serves four distinct user groups within the Manatee County school community:
Students use MySDMC SSO to access their assignments, digital textbooks, grade reports, collaborative tools (Google Classroom, Microsoft Teams), and all curriculum platforms. Students from Pre-K through Grade 12 are provisioned with district credentials from enrollment.
Teachers and Staff use it to manage class rosters, submit grades, access curriculum resources, complete HR-related functions through WebNet, and use district-wide communication tools. Employee credentials are issued by the district’s IT department.
Parents and Guardians access MySDMC SSO primarily to reach the Focus Parent Portal — where they can monitor their child’s grades, attendance records, assignment completion, and school announcements. Parent accounts are separate from student accounts and require initial setup through the child’s school office.
Administrators use the SSO platform for school management functions, staff directory access, and district-level reporting dashboards.
How to Log Into MySDMC SSO: Step-by-Step Method 1: Browser login (desktop or mobile browser)
Open any web browser (Chrome, Safari, Firefox, Edge) Navigate to launchpad.classlink.com/manateeschools — this is the official ClassLink LaunchPad for Manatee County Schools Enter your district-issued username and password Students: use your student ID number as username + district-assigned password Teachers/Staff: use your employee email credentials Parents: use the credentials provided during Focus Parent Portal setup Click Sign In Your personalized dashboard loads, showing all accessible applications as tiles Click any app tile to launch it — no additional login required Tip: Bookmark launchpad.classlink.com/manateeschools for faster daily access. On Chrome, you can also add it to your home screen for one-tap access on mobile.
Method 2: ClassLink LaunchPad mobile app
Download the ClassLink LaunchPad app from the Apple App Store or Google Play Store (search “ClassLink LaunchPad”) Open the app and search for “Manatee County School District” Select the district and enter your login credentials Your full app dashboard appears — identical to the browser version The mobile app adds push notifications and QR badge login not available in the browser Method 3: MySDMC Focus App (separate app)
The MySDMC Focus app is a standalone application for accessing the Focus Student Information System specifically. Download from:
Google Play: search “MySDMC Focus” (package: com.focusschoolsoftware.mysdmc) Apple App Store: search “MySDMC Focus” (App ID: 1508420361) The Focus app requires the same SSO credentials as the ClassLink portal.
What Apps Are Available in MySDMC SSO? The MySDMC SSO dashboard provides access to the full suite of district-approved educational platforms. The specific tiles visible on your dashboard depend on your user role (student, teacher, parent, staff):
ApplicationPurposeUsersFocus SISGrades, attendance, schedulesStudents, Parents, TeachersCanvasLearning management, assignmentsStudents, TeachersSchoologyCourse content, collaborationStudents, TeachersMicrosoft 365Word, Excel, Teams, emailAll usersGoogle ClassroomAssignments, Drive, MeetStudents, TeachersIXL LearningMath and language arts practiceStudentsPearsonDigital textbooks and assessmentsStudents, TeachersWebNetHR, payroll, employee functionsStaff onlyCleverApp launcher for younger studentsK-5 StudentsDiscovery EducationVideo and curriculum resourcesStudents, Teachers The dashboard is personalized — students see student-facing apps; teachers see classroom management tools and student data. Administrators see district-wide management dashboards not visible to other user types.
Students using the portal for academic research increasingly supplement district tools with AI assistants. ChatGOT is a free multi-model AI chatbot — no sign-up needed for 10 daily queries — that students use alongside school platforms for homework help, essay drafting, and research summaries across GPT-4o, Claude, and Gemini simultaneously.
MySDMC SSO Focus: The Gradebook Portal The Focus Student Information System (Focus SIS) — accessible directly through MySDMC SSO — is the most frequently used tool for both parents and students monitoring academic progress. Focus contains:
For students:
Current grades in all classes Assignment completion status and scores Attendance records (absences, tardies, early releases) Class schedule and room assignments Upcoming assignment due dates Standardized test score history For parents (Focus Parent Portal):
All of the above for their enrolled child/children Direct messaging to teachers Notification settings for grade thresholds (e.g., alert when a grade drops below 70%) Bus route and transportation information Fee payment and lunch account management Parents access Focus through the same MySDMC SSO portal. If you have not yet set up your parent account, contact your child’s school office directly — they will issue initial credentials linked to your child’s student record.
MySDMC SSO for Pre-K Through Grade 2: Quickcards Young students in Pre-K through Grade 2 typically cannot type complex passwords reliably. MySDMC SSO addresses this with Quickcards — printed cards containing a unique QR code assigned to each young student.
To log in using a Quickcard:
Open the ClassLink LaunchPad app on a device camera Select the QR code / Quickcard login option Hold the student’s Quickcard in front of the device camera The system reads the QR code and logs the student into their age-appropriate app dashboard Quickcards are distributed by teachers at the beginning of the school year. If a Quickcard is lost or damaged, the classroom teacher or school office can print a replacement.
Resetting Your MySDMC SSO Password Self-service reset (recommended):
Go to launchpad.classlink.com/manateeschools Click “Help, I forgot my password” or “Forgot Password” below the login fields Follow the on-screen recovery steps (typically involves entering your student ID or email and answering a security question) Create a new password meeting the district’s password requirements If self-service reset fails:
Students: contact your school’s front office or media center — staff can reset student passwords during school hours Parents: contact your child’s school office directly; parent account passwords are managed at the school level Staff/Teachers: contact the IT Service Desk at (941) 209-7400 during business hours (Monday–Friday, 7:30 AM – 4:30 PM) Password requirements: District passwords typically require a minimum of 8 characters, at least one number, and at least one special character. Students may be given a temporary password on first login that must be changed immediately.
MySDMC SSO Troubleshooting Problem: Can’t reach the login page
Check your internet connection Try a different browser or clear cache/cookies in your current browser Check if the district is experiencing a system outage at status.mysdmc.manateeschools.net If a 302 redirect error appears on focus.manateeschools.net, use the direct ClassLink URL: launchpad.classlink.com/manateeschools Problem: Username or password not accepted
Confirm you are using your current district credentials (passwords expire periodically) Students: verify your student ID number is correct — no leading zeros are usually needed Try the self-service password reset tool Contact your school’s front office if reset is unavailable Problem: Dashboard loads but specific app won’t open
The issue may be with that specific application’s server, not the SSO Try opening the application in a new tab or incognito window If the app is Google Workspace, check G Suite status at workspace.google.com/status Report persistent app-specific issues to IT at (941) 209-7400 Problem: Mobile app not working
Ensure you have the latest version of ClassLink LaunchPad installed Verify you selected “Manatee County School District” (not a different district) Delete and reinstall the app if login loops occur Check that your device’s date/time is set correctly — incorrect device time can cause authentication failures Problem: Parent portal not showing child’s information
Confirm your parent account is properly linked to your child’s student record Contact your child’s school office if the link is missing — they can update the parent-student association Some changes (new enrollment, class changes) take 24–48 hours to appear in Focus MySDMC SSO on Mobile: ClassLink LaunchPad App Features The ClassLink LaunchPad mobile app (iOS and Android) offers several features beyond the basic browser experience:
Push notifications: Receive alerts for new assignments, grade updates, or school announcements QR badge login: Students can display a personal QR code on their device screen for quick station login in computer labs Biometric authentication: Face ID and fingerprint login on supported devices Offline access: Some resources remain accessible offline after initial load Instant directory: Browse school staff contacts directly from the app The app is available at no cost on the Apple App Store and Google Play. After installing, select “Manatee County School District” from the district search to connect to the correct ClassLink instance.
MySDMC SSO Security The School District of Manatee County prioritizes cybersecurity and student data privacy within the SSO system:
Encrypted connections: All data transmitted through the portal uses HTTPS/TLS encryption Multi-factor authentication (MFA): Available for staff accounts as an additional security layer FERPA compliance: Student educational records are protected under the Family Educational Rights and Privacy Act COPPA compliance: The district’s data handling meets Children’s Online Privacy Protection Act requirements for students under 13 Centralized access control: When a student withdraws or staff member separates, all application access is revoked from one central point — immediately and automatically Activity monitoring: District IT can monitor unusual login patterns to detect unauthorized access attempts Students and parents should never share SSO credentials with anyone — including friends — as this violates district acceptable use policies and can result in disciplinary action.
The broader question of who controls student identity data is increasingly relevant as schools digitize. While MySDMC SSO centralizes access through ClassLink, an emerging alternative model uses blockchain-based decentralized identity (DID) — explored in Ontology’s $10 million DID initiative, which would let students own and control their credentials rather than relying on district-managed portals.
Support TypeContactHoursIT Service Desk (staff/teachers)(941) 209-7400Mon–Fri 7:30 AM–4:30 PMSchool front office (students/parents)Your school’s direct numberSchool hoursSystem statusstatus.mysdmc.manateeschools.net24/7 onlineDistrict websitemanateeschools.net— For after-hours emergencies, the status page at status.mysdmc.manateeschools.net shows real-time information about any system outages or scheduled maintenance windows.
Frequently Asked Questions What is MySDMC SSO? MySDMC SSO stands for My School District of Manatee County Single Sign-On. It is the official centralized login portal for students, teachers, parents, and staff in Manatee County, Florida. One set of district-issued credentials gives access to all educational platforms including Canvas, Microsoft 365, Schoology, Google Classroom, Focus SIS, and IXL Learning — without needing separate passwords for each application. Access it at launchpad.classlink.com/manateeschools.
How do I log into MySDMC SSO? Go to launchpad.classlink.com/manateeschools in any browser. Enter your district-issued username and password — students use their student ID and district password; parents use credentials from Focus Parent Portal setup; staff use employee login details. Click Sign In to reach your dashboard. For mobile access, download the ClassLink LaunchPad app and select "Manatee County School District."
What is the MySDMC SSO login URL? The official MySDMC SSO login URL is launchpad.classlink.com/manateeschools. An alternative access point is my.sdmc.manateeschools.net, which also connects to the ClassLink LaunchPad for Manatee Schools. Bookmark the official ClassLink URL for reliable daily access — some older URLs redirect and may cause login issues.
How do I reset my MySDMC SSO password? Click "Forgot Password" or "Help, I forgot my password" on the login page at launchpad.classlink.com/manateeschools. Follow the self-service recovery steps. If self-service fails, students should contact their school's front office; teachers and staff should call the district IT Service Desk at (941) 209-7400 during business hours (Monday–Friday, 7:30 AM–4:30 PM).
What is MySDMC Focus? MySDMC Focus refers to the Focus Student Information System (Focus SIS) — the grade and attendance tracking platform accessible through the MySDMC SSO portal. Students use Focus to view grades and assignments; parents use the Focus Parent Portal to monitor their child's academic progress, attendance, and schedule. The standalone MySDMC Focus app is available on iOS (App Store ID: 1508420361) and Android (Google Play package: com.focusschoolsoftware.mysdmc).ShareContentThe theoretical threat of quantum computers to Bitcoin’s cryptographic security now has a dollar figure: $469 billion. That’s the value of 6.04 million BTC, or 30.2% of the total issued supply, whose public keys are exposed on-chain today and could be exploited if a sufficiently powerful quantum compastedQuick Answer: AMP is currently trading near $0.000841, down roughly 99.3% from its June 2021 all-time high of $0.1208. Third-party forecasts for 2026 range widely — from $0.0009 on the bearish end (CoinCodex) to $0.0100 on the bullish end (PricePrediction.net) — with the base-case consensus sitting pasted
App Review Summaries and Replies Are Now Live in the Solana dApp Store Publishing Portal
Ratings & Reviews is live in the Solana dApp Store publishing portal. Every rating, every review, an AI-powered weekly digest, and the ability to reply directly, all from the publishing portal. This is the most-requested feature from dApp Store publishings, and it’s available today at https://publish.solanamobile.com/
The Solana dApp Store now hosts over 900 apps. Your users have been rating and reviewing your dApp since the day you launched. Thousands of reviews are flowing in every week across the ecosystem. Until today, that feedback existed in a place publishers couldn’t reach from their own tools.
Now you can actually see what they’re saying — and respond to your user base.
Ratings & Reviews is live in the Solana dApp Store publishing portal. Every rating, every review, an AI-powered weekly digest, and the ability to reply directly, all from the publishing portal. This is the most-requested feature from dApp Store publishings, and it’s available today at https://publish.solanamobile.com/
What’s New in the Updated Publishing PortalReview AnalyticsThe publishing portal now gives a full picture of how your app is performing since its first release. Star distribution, total review count, and reply rate — all visible at a glance, plus review quality filters.
The data and filters are there to help you get more signal and less noise. If your 1-star reviews are climbing after a specific release, you’ll see it immediately. If 87% of your users are on the latest version but your rating is dropping, that tells you the update broke something.
AI Weekly Digest
Every week, the publishing portal generates an AI-powered summary of your recent reviews. LLMs read every review from the past seven days and tell you three things: what users love, what’s broken, and what they’re asking you to build next.
The digest identifies patterns across reviews that you might not catch reading them one by one. If twelve users in the same week mention wallet connection issues — phrased twelve different ways — the digest catches that and surfaces it as a single, actionable takeaway. If a cluster of 5-star reviews all mention the same feature, you know what’s working and can double down.
It also flags review quality. Not every 5-star review is organic, and not every 1-star review is legitimate. The digest notes when high-rated reviews look like gibberish or don’t reference your product, so you can separate real user feedback from spam before making product update decisions.
Key takeaways from the digest are listed at the bottom of each summary with priority flags, so you can scan them in thirty seconds and know where to focus your next sprint.
Reply to ReviewsYou can now respond to any review directly from the publishing portal. One reply per review. When you respond, the user gets notified — which means your reply can directly engage with your user base and let them know when fixes arrive.
This matters more than it sounds. A user who leaves a 3-star review about a bug and gets a direct response saying it’s fixed in the next release is a user who updates their review. A user who feels heard is a user who stays.
Replies are public, so other users browsing your app’s reviews will see that there’s an active team behind the product. For developers and founders building trust with a new audience, that signal compounds.
Start NowIf you have an app on the Solana dApp Store, your reviews are already loaded and waiting. Log in to the publishing portal, navigate to Ratings & Reviews, and see what your users have been telling you.
publish.solanamobile.com
New to building on Solana Mobile? Start with the developer documentation at docs.solanamobile.com or apply for Solana Mobile Builder Grants at solanamobile.com/grants to get funded, get users, and get your app in front of 100,000+ active Seeker device owners.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
US Treasury Secretary: AI boom may boost productivity and help curb inflation.
US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.
