The Sandbox, the leading social gaming metaverse, is partnering exclusively once again, with GBM Auctions to launch its largest set of auctions for LAND to date. The drop includes 110 LANDs (including 4 Estates exclusive to this sale) and 220 branded avatars across 22 IPs, all distributed via GBM Auctions’ Win-Win auction protocol. In a first for The Sandbox, auctions will precede its own platform sale, highlighting a shift in how LAND is brought to market and underscoring GBM’s role as the auction layer for Web3-native asset distribution. A fairer…
Read MoreFumbi Network acquires DLTPAY, a Techstars-backed fintech application
Fumbi Network, a leading investment platform for digital assets in the CEE region, just announced the acquisition of DLTPAY, a seed-stage fintech firm known for its non-custodial wallet application built around stablecoins. “We saw an opportunity to scale our services more efficiently with a solution that fits well with Fumbi’s vision, to better meet the needs of our growing user base,” said Juraj Forgacs, CEO and Founder of Fumbi Network. “Through this acquisition, we can accelerate the rollout of new features requested by our users, while expanding capabilities across the…
Read MoreRewardy Wallet becomes Korea’s largest digital asset wallet just 10 months after the launch
Rewardy Wallet, a digital asset wallet service, has emerged as South Korea’s largest Web3 wallet platform just 10 months after its launch. Notably, the platform has seen massive adoption from general Web2 users with no prior experience in digital assets, signaling a major shift in the local Web3 landscape. “Web3 in the backend, UX like Web2” – A game-changing user experience At the core of Rewardy Wallet’s rapid ascent is its user-centric UX strategy. Unlike traditional blockchain wallets that require seed phrases, network selection, and gas fee calculations, Rewardy eliminates…
Read MoreDerp.trade, first derivatives launcher on Solana is now live
Derp.trade is the world’s first derivatives launcher. It’s built on top of pump.fun – Solana’s leading protocol for coin creation. With Derp, users can create memecoins that are instantly tradable with leverage up to 100X. Launched just 24 hours ago, derp.trade is already making noise, with core metrics at: 85+ coins created 2000+ trades in derp markets $1.5M+ trading volume in derp markets $9M+ of trading volume generated on pump.fun 9000 daily active users “Derp.trade launched just eight hours ago, and while we’re still gathering the full numbers, @DerpyOnDerp alone…
Read MoreViction drives global adoption of the ownership economy with scalable Web3 platform
Viction, a people-centric Layer-1 blockchain, is gaining traction as a practical infrastructure for tokenized ownership in daily life. With strong real-world metrics and ecosystem growth, the platform is delivering on its mission to make Web3 more accessible, secure, and user-driven — especially across emerging markets. Originally launched with the aim of simplifying Web3, Viction has evolved to champion the “ownership economy,” where individuals can tokenize everything from creativity and culture to financial value and digital identity. This vision is now reflected in real user activity and expanding developer ecosystems around…
Read MoreKuCoin launches xStocks, delivering access to global tokenized equities
On July 18, 2025, the leading global cryptocurrency exchange KuCoin officially announced the listing of xStocks and that they are joining the xStocks alliance. xStocks are tokenized stocks powered by the Swiss-based company Backed. This launch marks a significant step forward in KuCoin’s expansion of multi-asset allocation capabilities. The first batch of supported assets includes SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA)—all tokenized equities backed 1:1 by real stocks held in secure, bankruptcy remote collateral accounts, and issued on the Solana blockchain. Capturing a…
Read MoreDetroit to Become Largest US City to Accept Bitcoin as Means of Payment
The City of Detroit will become the largest US city to accept Bitcoin as a means of payment. In a press release, the 26th-largest city stated that Detroiters will soon be able to make payments for city-related utilities through Bitcoin. Detroit noted that it will accept tax payments and city fees using cryptocurrencies. The payment options would become available to Detroiters in mid-2025. The Thursday report revealed that Detroit partnered with financial technology giant PayPal to create a platform that would facilitate the payment option. The debut of payment options…
Read MoreBinance Labs makes first foray into DeSci sector with investment in BIO Protocol
Binance Labs, the $10 billion venture capital and incubation arm of the crypto exchange Binance, has made its first foray into the decentralized science sector with an investment in BIO Protocol. “BIO can be thought of as a Y Combinator for onchain Science,” Binance Labs explained in a statement shared with The Block. It is designed to change how early-stage scientific research is financed and commercialized using blockchain technology. The investment amount and structure were not disclosed. In addition to the investment from Binance Labs, earlier this year, BIO began…
Read MoreMetaplanet “Asia’s Microstrategy” Raises 10 Billion Yen to Boost Bitcoin Holdings
Japan’s investment firm Metaplanet has wrapped up its 11th Stock Acquisition Rights exercise period. CEO Simon Gerovich announced on X that the company achieved a 72.8% exercise rate with 13,774 individual shareholders participating. The CEO said that the unexercised rights will go to EVO FUND. EVO FUND’s exercise of the transferred rights will bring Metaplanet’s total funding to 10 billion yen. Gerovich thanked the shareholders for their support, saying: “We would like to thank all shareholders for their invaluable support and contribution, which strengthens Metaplanet’s mission of becoming a leading…
Read MoreQuantum computer ‘threat’ to crypto is exaggerated — for now
A report that Chinese researchers have employed a D-Wave quantum computer to breach encryption algorithms used to secure bank accounts, top-secret military data and crypto wallets is, at first glance, a matter of deep concern. “This is the first time that a real quantum computer has posed a real and substantial threat to multiple full-scale SPN [substitution-permutation network] structured algorithms in use today,” wrote Shanghai University scientists in a peer-reviewed paper, according to an Oct. 11 report in the South China Morning Post (SCMP). The paper talks about breaking RSA…
Read MoreEuropean investors pour record $105B into US Bitcoin ETFs
European investors have allocated a record amount of capital into spot Bitcoin exchange-traded funds (ETFs) in the United States. Europeans have invested over $105 billion in spot Bitcoin ETFs year-to-date (YTD), marking an all-time high. Growing ETF inflows could push Bitcoin to an all-time high from its current crabwalk. Inflows into US Bitcoin ETFs accounted for about 75% of the new capital that helped Bitcoin surpass $50,000 in Feb. 2024. Despite the record European inflows, Bitstamp data shows that Bitcoin has been unable to recover above the psychological level of…
Read MoreVanEck Enables Staking Options for Solana ETP
Leading digital asset manager VanEck has enabled staking options for its Solana exchange-traded note (ETN) in the European market. Matthew Sigel, VanEck’s Head of Digital Assets Research, announced the development today in a statement shared on X. According to Sigel, the staking rewards for VanEck’s Solana ETN (VSOL) will accrue and be re-invested daily. The rewards will automatically reflect in the product’s daily net asset value (NAV). Investors will benefit from the recently launched feature without having to manage the process themselves. Sigel emphasized that the company will manage the…
Read MoreTON faces an 18% drop as THESE bearish signs emerge
Toncoin [TON] has underperformed against Bitcoin [BTC] and other altcoins in the last 30 days after a 5% drop in price. At press time, TON traded at $5.28, as mild volatility hindered significant price moves. A look at the Sharpe ratio shows that holders are currently sitting at significantly low rewards. At press time, this metric was negative, and at its lowest level in one month. A negative Sharpe ratio shows that the risk of holding Toncoin is higher than the reward. With TON failing to post significant gains, a…
Read MoreBybit bags provisional crypto license from Dubai regulator
Bybit, the world’s second-largest crypto exchange by derivatives volume, has secured a provisional license in Dubai two years after setting up its headquarters in the city. The centralized crypto exchange (CEX) has received a non-operational license from the Virtual Asset Regulatory Authority (VARA), according to an announcement shared with Cointelegraph. According to Helen Liu, Bybit’s Chief Operating Officer, the new license represents a major milestone in the company’s global expansion strategy, driven by Dubai’s ambition to become a leading blockchain hub. An increasing number of crypto companies are relocating to…
Read MoreETH trader turns $87K into almost $40M after 8-year hold
Although complex trading strategies can generate significant profits for investors, a recent example from an Ether whale demonstrates that a straightforward buy-and-hold approach can also deliver impressive results. traded at around $5 per token. Back then, an investor bought 16,636 ETH on the crypto exchange ShapeShift. Chinese crypto data account EmberCN said the tokens were acquired at $5.23 per token, putting the total cost at $87,006. The blockchain analytics account said that after holding for over eight years, the account started selling some of its holdings. On Sept. 16, the…
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