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ecosystem

MetaMask plugs into Tron’s $26b ecosystem with native integration

by admin August 19, 2025

By natively integrating Tron, MetaMask is building a bridge for its users to a parallel digital economy that settles over $22 billion in value every single day and hosts over $26 billion in total value locked, according to TRONSCAN.

Summary

MetaMask is natively integrating Tron, giving its 100M users direct access to $26B in liquidity and $22B in daily settlement flows.
Tron becomes only the third non-Ethereum chain with native MetaMask support, after Solana and Sei.

According to a press release dated August 19, Consensys’ crypto wallet MetaMask has entered a strategic agreement with TRON DAO to natively integrate the blockchain directly into its interface, allowing its estimated 100 million users to directly access the Tron network’s deep liquidity pools and extensive dApp ecosystem without relying on third-party bridges or complex workarounds.

The move makes Tron only the third non-Ethereum chain to receive native MetaMask support, following Solana and Sei earlier this year. For MetaMask users, the change means direct access to Tron’s $26 billion ecosystem and its daily settlement flows of over $22 billion, most of it tied to Tether (USDT) transactions.

An alignment of crypto titans

In the press release, the partnership between MetaMask and Justin Sun’s Tron is framed as a shared commitment to “interoperability, user empowerment, and accessibility,” values both sides argue are essential as Web3 enters its next phase.

TRON DAO spokesperson Sam Elfarra said the wallet’s reach makes it a natural partner. “MetaMask’s extensive user base and established reputation make it a vital gateway to decentralized applications,” he noted, adding that the integration reinforces TRON’s role as a core layer of global digital finance.

For MetaMask, the integration is a critical step in its evolution from an Ethereum-centric utility into a true multi-chain aggregator, a necessity for retaining its top-dog status in an increasingly competitive wallet landscape. The move directly taps into Tron’s massive and active user base of over 324 million accounts, a significant portion of which resides in the high-growth markets of Asia, Africa, and South America.

“Supporting networks like TRON is part of our broader mission to make MetaMask the most versatile and user-friendly gateway to Web3. Integrating TRON helps us eliminate friction by supporting more of the networks people rely on.” Angel Gonzalez-Capizzi, Director of Business Development at MetaMask, said.

Market reaction

Market reaction to the news was notably muted, a potential sign that traders had already priced in the long-rumored integration. TRX, Tron’s native token, remained relatively flat following the news, exchanging hands at $0.35 as of press time, according to crypto.news data.

However, this short-term stability belies a stronger foundational trend; the token has been in a solid uptrend for most of this year, surging past its 2021 market cycle peak and gaining 37% year-to-date.

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August 19, 2025 0 comments

Crypto Trends

XRP Early Buyers Accelerate Profit-Taking as Regulatory Wins Bolster XRP Ecosystem

by admin June 20, 2025

XRP XRP has staged one of the strongest rallies among crypto majors this cycle, but early retail holders are heading for the exit under the surface.

Now trading above $2 — more than thrice its pre-rally base from October 2024 — XRP has become one of the best-performing large-cap tokens over the past 8 months. Investors who bought below 60 cents are sitting on gains upward of 300%, prompting a sharp pickup in profit-taking.

According to on-chain data from Glassnode, the 7-day simple moving average (SMA) of realized profits from XRP wallets hit $68.8 million earlier this month, the highest in over a year. That’s a clear sign of distribution pressure, with early accumulators cashing out into strength as the token tests key resistance levels just below its 2021 peak.

That profit-taking pressure may help explain XRP’s failure to break above $2.20 in recent sessions, despite multiple bullish headlines and technical tailwinds.

Read more: XRP Drops 5% as High-Volume Selling Pressure Dominates Market

While the broader setup remains positive, supported by regulatory clarity in the U.S. and Ripple’s growing push into tokenized asset infrastructure, the near-term price action reflects a supply overhang from long-term holders.

A recent CryptoQuant analysis showed that the 1-year cumulative buy/sell quote volume difference for altcoins (excluding BTC and ETH) — a proxy for net investor flows — currently stands at negative $36 billion. That’s a sharp reversal from December 2024, when the metric briefly flipped positive, marking a local top for altcoins.

Since then, it’s been a one-way bleed, with “altcoin investors MIA,” CryptoQuant independent analyst Burak Kesmeci said in a Thursday post.

Despite pockets of strength in XRP, SOL, and a few narrative tokens tied to real-world assets (RWAs), the broader altcoin ecosystem remains stuck in a bear market, he noted.

Unless risk appetite returns or capital flows back into Layer 1s, DeFi, and gaming, hopes of an “altseason” may continue to fade into the summer.

Read more: XRP Hits 12-Year Milestone With Over 2,700 Whales, Holding Over 1M XRP, Onchain Data Show

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June 20, 2025 0 comments

Blockchain security firm releases Cetus hack post-mortem report

Crypto Trends

Archetyp Dark Web Market Shuttered, Ecosystem Adapts

by admin June 18, 2025

Europol has shuttered one of the longest-running dark web marketplaces, Archetyp Market, but blockchain intelligence firm TRM Labs says the marketplaces are highly adaptive to shutdowns.

Europol said on Monday that it shut down Archetyp Market’s main infrastructure in the Netherlands through a series of raids involving six countries.

Key Archetyp personal and technical infrastructure were targeted in the raids, which saw the alleged administrator, a German national, arrested in Spain, with Europol saying they also arrested a moderator and six of the site’s largest vendors in Germany and Sweden.

Such dark web-based markets rely on cryptocurrencies for trade, and Archetyp used the privacy-focused token Monero (XMR) for its transactions.

The marketplace had operated for five years, and Europol said it took “years of intensive investigative work,” including tracing financial flows, to take down the site and its alleged operators.

Dark web markets down but not out

Despite increasing law enforcement efforts, blockchain intelligence firm TRM Labs said in a report on Monday that even as the dark web platforms fall, “the ecosystem remains highly adaptive,” with illicit vendors setting shop on apps such as Telegram and Signal.

A series of raids involving six countries took down the Archetyp Markets’ main infrastructure in the Netherlands. Source: Europol

“These peer-to-peer models offer faster turnaround times, reduced fees, and a lower risk of platform takedown, complicating enforcement efforts,” TRM Labs said.

After the 2022 shutdown of the Russian Hydra marketplace, a new Russian market popped up to replace it almost immediately, TRM Labs said.

“Although some darknet operators, particularly of Western darknet marketplaces, have historically attempted rebrands or exit scams following law enforcement action, full-scale rebuilds appear to be becoming less common,” it added.

Archetyp comparable to Silk Road

Europol said Archetyp had a user base of more than 600,000, a total transaction volume of at least 250 million euros ($287 million) and over 17,000 listings, with most geared toward the sale of illicit drugs, including cocaine, MDMA and amphetamines.

It was also one of the few dark web markets that allowed the sale of fentanyl and synthetic opioids.

Source: Europol

“The platform’s endurance, scale and reputation within the criminal community place it alongside now-defunct darknet markets such as Dream Market and Silk Road, both notorious for their role in facilitating online drug trafficking,” Europol said.

Dark web market operators tactics to evade law

TRM Labs said that law enforcement is having success in taking darknet platforms down, but their operators are using tactics such as pseudonymous domain registration, rapid rebranding after take downs and laundering proceeds through high-risk crypto exchanges to evade the law.

Related: Telegram shuts ‘largest darknet marketplace to have ever existed’

“The takedown of Archetyp Market is a clear signal that law enforcement agencies, supported by advanced blockchain intelligence, can disrupt even the most entrenched illicit platforms,” TRM Labs said

“But the resilience and evolution of these networks underscore the need for continued cross-border collaboration, technical innovation, and real-time monitoring to stay ahead of the next generation of darknet threats.”

Magazine: Coinbase hack shows the law probably won’t protect you: Here’s why

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June 18, 2025 0 comments

Product Reviews

Xbox’s AMD partnership sheds light on the future of the division’s ecosystem

by admin June 17, 2025

Microsoft has no plans to get out of the console business anytime soon. The company has been reiterating for a while that it’s going to make at least one more generation of Xbox consoles. It’s now been confirmed that AMD will power the upcoming hardware, as it did with the Xbox Series X/S.

Xbox president Sarah Bond made the announcement in a short video. Under the multi-year partnership, Xbox and AMD are “advancing the state of art in gaming silicon to deliver the next generation of graphics innovation; to unlock a deeper level of visual quality; and immersive gameplay and player experiences enhanced with the power of AI, all while maintaining compatibility with your existing library of Xbox games,” Bond said.

A leaked presentation from May 2022 (which was part of the massive Xbox leak the following year) indicated that Microsoft had yet to make a decision about the processor and GPU for the next Xbox console(s), suggesting in one slide that it planned to strike an agreement with AMD to supply those and in another that it yet had to make an “Arm64 decision.” As we now know, the company is doubling down with AMD.

Microsoft

On the surface, the AMD agreement is the main news coming out of Bond’s announcement. But, if you read between the lines, there are lots of other interesting details to tease out from what she said in the short video.

For one thing, the AI aspect of Bond’s carefully crafted statement lines up with details in the leak (and other developments) about Microsoft embracing artificial intelligence and machine learning in future Xbox games, including for things like AI agents. So the company is likely to keep going down that path.

Bond said that Microsoft and AMD will “co-engineer silicon across a portfolio of devices including our next-generation Xbox consoles, in your living room and in your hands,” implying that the company is planning more handhelds beyond the Xbox-branded ROG devices that are coming later this year. Those are also powered by AMD.

In addition, Bond said the next-gen of Xbox devices will maintain “compatibility with your existing library of Xbox games.” Xbox has made a commitment to backward compatibility, but that’s still welcome to hear.

Those are fairly interesting nuggets, no doubt, but there were two other things Bond said that I think are starting to shed more light on the future of the Xbox ecosystem. First, she said that her team is “building you a gaming platform that’s always with you, so you can play the games you want across devices anywhere you want, delivering you an Xbox experience not locked to a single store or tied to one device.”

That “single store” phrasing is a chin stroker, especially in light of the new user interface Xbox is making for the ROG handhelds. The Windows-powered devices won’t only allow users to play games from the Xbox PC app, Xbox consoles via remote play and the cloud. They’ll integrate games from other PC storefronts, such as Battle.net (which is run by Microsoft-owned Activision Blizzard), Steam, GOG and more. Game Pass Ultimate and PC Game Pass users have long had access to EA Play games as part of their subscriptions. Ubisoft+ is on Xbox consoles too.

Microsoft

Perhaps this concept of not being “locked to a single store” will start to work in other ways. Valve said a few years ago that it would be happy to integrate Game Pass into Steam, for instance. Likewise, Microsoft has said it would welcome Steam and the Epic Games Store app onto its PC app store (though Valve and Epic probably wouldn’t want to give Microsoft a cut of game sales). Maybe we might finally see those come to fruition in the next few years.

But how might those integrations work on an Xbox console? Bond hinted at that too. She said Xbox is “working closely with the Windows team to ensure that Windows is the number one platform for gaming.”

Sure, that could be a reference to PC gaming. But Bond didn’t explicitly state that, which has me wondering if the next Xbox console might be more of a Windows PC that sits under your TV. That would align with comments made a few months back by Jez Corden of Windows Central, who said the next Xbox is “a PC, in essence, but with a TV-friendly shell.”

As with the likes of the Steam Deck and other handheld PCs, this would potentially give game developers a specific set of specifications to work with (though ensuring their games are optimized for as many desktop and laptop configurations as possible will still be a complex task). Perhaps the user interface Xbox is debuting on the Ally X devices is a sign of things to come on larger displays.

Moreover, the Xbox and Windows teams are stripping out unnecessary aspects of the operating system in the Xbox Ally handhelds to make them run more efficiently. What’s to stop them from doing the same in the next Xbox console? That could enable Xbox to offer a more unified ecosystem across all platforms, while streamlining things for developers who want to make games for both PC and Xbox. Don’t forget that Microsoft has been making a real effort to make Windows run more smoothly on ARM-based processors as part of its Copilot+ PC push.

We might have to wait two or three more years to get a fuller sense of Microsoft’s vision for the future of Xbox consoles. But it certainly has the opportunity to knit its platforms more closely together and make playing Xbox (and PC) games across devices a more seamless experience.

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June 17, 2025 0 comments

Crypto Trends

Pi Coin holders eye safe upside in Neo Pepe ecosystem model

by admin June 15, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

After Pi Coin doubts, investors eye Neo Pepe Coin, a tech-powered memecoin blending utility with DeFi and NFT potential.

Pi Coin once promised to change the crypto space with its ambitious goal of accessibility. However, many have now begun questioning whether it has turned into one of the biggest rug pulls of the year.

For those that are burned by Pi Coin (or almost fell for it), they may be wondering where to look next for potential high-value investments. Enter Neo Pepe Coin, a memecoin powered by cutting-edge technology and smart contract functionality that offers real value far beyond just hype.

Neo Pepe Coin isn’t just another flash-in-the-pan memecoin. With promising applications in decentralized finance (DeFi), NFTs, and play-to-earn gaming, it positions itself as a hybrid of fun branding and serious utility. Buyers looking to cash in on the next big crypto opportunity may want to explore this ecosystem model, especially with its presale currently underway.

Below, we’ll deep-dive into Neo Pepe Coin’s groundbreaking features, the role of smart contracts, and how its ecosystem leverages Ethereum liquidity pools and deflationary tokenomics to deliver long-term value. Stick around to find out why joining this early could be a smart move for your investment portfolio.

Pi Coin experience vs. Neo Pepe’s movement

Before we explore Neo Pepe Coin, we need to reflect on one of the most debated crypto stories this year. Pi Coin launched with enormous hype, marketed as a game-changing platform that made mining accessible through mobile devices. Yet, its utility and transparency have been marred by criticism, with many calling it a borderline rug pull. Investors placed their faith in Pi Coin, only to discover limited real-world utility and questionable long-term potential.

Learning from such experiences, the crypto community seeks coins that integrate robust functionality, community-driven governance, and transparency. This is where Neo Pepe Coin stands apart, with its focus on innovation and utility.

Why Neo Pepe Coin stands out

Unlike purely speculative tokens, Neo Pepe Coin is backed by tangible utility and unique features that redefine what a memecoin can achieve. From its smart contract capabilities to Ethereum liquidity pool integration, Neo Pepe Coin creates a comprehensive ecosystem for savvy crypto investors.

Smart contracts driving real value

Neo Pepe Coin leans heavily into the power of smart contracts to offer real-world value. These contracts automate agreements between parties without relying on intermediaries, making them ideal for:

Staking and Farming: Invest Neo Pepe Coins in DeFi protocols to earn passive income while contributing to the ecosystem.
NFT Compatibility: Neo Pepe’s smart contracts enable seamless integration with decentralized NFT exchanges, allowing users to buy, sell, or trade digital collectibles.
Gaming Rewards: The play-to-earn gaming sector is growing rapidly, and Neo Pepe Coin is positioning itself as a go-to token for transparent and secure in-game rewards.

This application of smart contracts ensures Neo Pepe Coin has utility well beyond the humor-filled image of its meme origins.

Ethereum liquidity pool integration

Neo Pepe Coin thrives on integration with Ethereum liquidity pools, offering investors several tangible benefits:

Smooth Trades: The liquidity pool eliminates price fluctuations during transactions, allowing for efficient and cost-effective trading.
Ecosystem Strength: By participating in Ethereum’s liquidity pool, Neo Pepe contributes to sustaining and expanding one of the largest blockchain ecosystems.
Enhanced Returns: Investors enjoy dual exposure to the proven stability of Ethereum and the explosive growth potential of Neo Pepe Coin.

By linking itself with Ethereum’s robust infrastructure, Neo Pepe Coin creates a synergistic relationship that amplifies its value proposition.

Deflationary tokenomics creating scarcity

Unlike inflationary tokens that flood the market with excess supply, Neo Pepe Coin adopts a deflationary model. Here’s why this matters:

Token Burning: Periodic token burns reduce the total supply, increasing scarcity and driving long-term value.
Sustainable Growth: Lower supply combined with rising demand ensures steady upward pressure on token prices.
Community Incentives: This setup rewards early adopters and holders by making their tokens more valuable over time.

This deflationary mechanism ensures Neo Pepe Coin doesn’t fall victim to the pitfalls of oversupply, as many other coins have.

How Polygon innovations strengthen Neo Pepe’s model

Neo Pepe Coin’s affiliation with the Polygon ecosystem amplifies its strengths. Often called the “Internet of Blockchains,” Polygon addresses Ethereum’s scalability issues with faster transaction speeds and lower fees.

Platforms like Polymarket have thrived on Polygon’s infrastructure. Neo Pepe Coin similarly leverages Polygon’s capabilities, promising investors and users a seamless experience within its ecosystem.

Polymarket case study

Polymarket’s success on Polygon demonstrates how tokens like Neo Pepe can thrive. By offering real-time trade settlements at minimal costs, Polymarket has set the standard for what a next-gen crypto platform can achieve. Neo Pepe Coin mirrors this ethos, making DeFi, gaming, and NFT transactions efficient and affordable.

Presale alert, Neo Pepe Coin’s big opportunity

Now that Pepe Coin’s incredible potential has been explained, it’s time to talk about strategy. The presale phase is where the smart money moves in. Here’s why:

Exclusive Pricing: Token prices during presale are significantly lower than their listing price, creating a perfect entry point for early supporters.
Community Perks: Earn access to exclusive NFTs, governance rights, and bonus rewards as part of the early adopter family.
Rapid Growth Potential: Joining before public launch means you’re at the forefront of one of the most promising crypto revolutions.

Getting involved is easier.

How to Join its presale

Visit the Official Website: Head over to Neo Pepe Coin’s verified page to get started.
Connect a Wallet: Use MetaMask or Trust Wallet for safe and seamless transactions.
Buy Tokens: Select how much to invest and complete the purchase. (Tip: Act early for the best deals.)
Hold and Watch: Secure tokens and keep an eye on their rise as the ecosystem grows.

Think smarter with smart contracts and memecoins

Neo Pepe Coin isn’t just another token riding on the memecoin wave. It’s a thoughtful, utility-driven platform marrying smart contracts, deflationary tokenomics, and Ethereum liquidity pools to offer something truly valuable in the crypto space. While other tokens might deliver short-term hype with little substance, Neo Pepe Coin has all the ingredients for long-term success.

Ready to make smarter investments and join the future of memecoins with real value? Don’t miss out on the presale and the chance to be part of a community that turns jokes into serious profits.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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June 15, 2025 0 comments

GameFi Guides

Charles Hoskinson floats $100m ADA treasury reboot to stabilize Cardano ecosystem

by admin June 14, 2025

With just $31 million in stablecoins against $356 million in total value locked, Cardano’s founder has proposed unprecedented treasury diversification into Bitcoin and native dollar-pegged assets to boost the network’s decentralized finance and stablecoin ecosystem.

On June 12, Cardano co-founder Charles Hoskinson proposed the idea in a YouTube video of swapping $100 million worth of Cardano (ADA) tokens for Bitcoin (BTC) and native stablecoins USDM and USDA to strengthen the ecosystem.

Hoskinson framed the treasury overhaul as a strategic bet on Cardano’s future as a multi-asset financial ecosystem. Drawing inspiration from sovereign wealth funds in Norway and Abu Dhabi, he argued that converting a portion of ADA’s treasury into yield-generating assets would unlock liquidity and signal serious confidence to institutional players.

A strategic fix for Cardano’s liquidity imbalance

In his remarks, Hoskinson addressed the stark disparity between Cardano’s treasury composition and its decentralized finance ambitions. His argument stemmed from what he termed Cardano’s “stablecoin drought”, a glaring imbalance that’s stifling development.

“We have a treasury with about $1.5 billion of ADA, and yet there’s only about $30 million of stablecoins in the entire Cardano ecosystem,” he said. “That’s a problem.”

For context, while Ethereum boasts $190 in stablecoins for every $100 of TVL, Cardano lags far behind with just $9. “This isn’t just lagging behind; it’s choking our ecosystem,” Hoskinson argued.

According to him, the proposed conversion aims to boost stablecoin reserves by targeting a 33% to 40% stablecoin-to-TVL ratio and to prime Bitcoin-focused decentralized finance by allocating $25 million to $50 million to Bitcoin to attract yield-seeking holders. Hoskinson also believes the move could improve the chances of Cardano-native stablecoins being listed on tier-two and tier-three exchanges.

While some traders on X voiced concern that liquidating $100 million in ADA would crash the market, Hoskinson dismissed the skepticism with a chuckle, claiming, “ADA’s liquidity can swallow this without a 1% price blip.”

He emphasized that the proposed treasury shift wouldn’t be a reckless exchange dump but a carefully managed operation using time-weighted average price algorithms and over-the-counter desks, the same tools institutional players use to quietly shift nine-figure positions. “This isn’t some meme coin we’re talking about,” he stressed.

Whether the move turns Cardano into a decentralized finance powerhouse or backfires depends largely on timing and sentiment management.

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June 14, 2025 0 comments

GameFi Guides

Chainlink boosts oracles, while Lightchain AI expands ecosystem with $150k grant pools

by admin June 10, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Chainlink boosts oracles again, while Lightchain AI fuels dev growth with $150k grants and a July mainnet launch.

Chainlink continues to enhance its oracle solutions, solidifying its role in providing reliable off-chain data to smart contracts. Meanwhile, Lightchain AI is enhancing its ecosystem differently by deploying $150,000 in grant pools to fuel developer innovation and ecosystem growth.

Having completed all 15 presale stages and entering the Bonus Round, Lightchain AI is building momentum through tangible support for builders focused on AI-native blockchain applications. With a purpose-built virtual machine and a consensus model that rewards meaningful computation, the project is attracting long-term contributors as it gears up for its July 2025 mainnet launch.

Chainlink strengthens its core with ongoing oracle innovations

Chainlink continues to reinforce its position as a decentralized oracle technology leader with ongoing advancements to strengthen its core infrastructure. The implementation of OCR has greatly increased the scalability of Chainlink and decreased congestion on-chain, resulting in depositing data faster and more cost-efficiently into smart contracts. Further, the Chainlink Runtime Environment (CRE) provides a modular, blockchain-agnostic framework that simplifies the process of creating DApps and enables DApps to interact across different blockchains.

Chainlink’s focus on interoperability is also reflected through the implementation of its Cross-Chain Interoperability Protocol (CCIP), which provides secure data and asset transfers across multiple blockchains. This protocol aims to connect universal liquidity to enable sophisticated cross-chain applications. Furthermore, Chainlink’s partnership with TRON DAO, through which Chainlink Data Feeds are now the official oracle solution securing trillions in DeFi TVL, highlights its critical efforts in improving the reliability and security of DeFi ecosystems.

These advancements not only reinforce Chainlink’s core capabilities but also expand its utility across various sectors, including finance, gaming, and supply chain management. By continuously evolving its oracle solutions, Chainlink is paving the way for more robust and versatile blockchain applications.

Lightchain AI Fuels builder growth through $150k developer grant pools

Lightchain AI has launched a $150,000 Developer Grant & Ecosystem Incentive Program to accelerate innovation at the intersection of artificial intelligence and blockchain. Announced on May 15, 2025, this initiative offers milestone-based grants of up to $5,000 per project, targeting developers building AI-integrated dApps, DeFi protocols, NFT platforms, and analytics tools on Lightchain’s Ethereum-compatible Layer-1 network.

Beyond financial support, participants gain access to technical assistance, co-marketing opportunities, and increased ecosystem visibility. This program aims to lower entry barriers for developers and foster sustainable, value-driven growth in decentralized AI applications.

By incentivizing projects that align with its vision of intelligent smart contracts and on-chain decision-making, Lightchain AI is positioning itself as a catalyst for the next wave of blockchain innovation.

A chance to shape the future with Lightchain AI is here

The much-awaited moment has arrived — an exclusive opportunity to invest in Lightchain AI, just as momentum is reaching its peak. With 40% of the supply dedicated to presale and 15% set aside for staking rewards, our tokenomics are designed to reward early adopters and fuel long-term growth. And here’s the kicker: the original 5% Team Allocation has been completely removed, proving our commitment to transparency and trust.

Powered by cutting-edge sharded architecture for scalable AI execution, Lightchain AI isn’t just an idea; it’s ready for real-world use. But time is ticking! The Bonus Round won’t last forever, and with excitement building ahead of the mainnet launch, now could be the time to act.

Don’t miss the chance to be part of something big. Secure a stake in the future today!

For more information on Lightchain AI, visit its website, X, or Telegram.

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June 10, 2025 0 comments

Ripple'S 300M Xrp Transaction Sparks Discussions In Community

GameFi Guides

Ripple Teams Up with Web3 Salon to Empower Japan’s Digital Asset Ecosystem

by admin June 9, 2025

Ripple on Monday said it has partnered with the Web3 Salon project by the Asia Web3 Alliance Japan to fund XRPL startups in Japan. The company will offer grant funding of up to $200,000 per project as part of the XRPL Japan and Korea Fund and Ripple’s broader 1 billion XRP commitment.

Ripple and Web Salon Partners to Foster XRPL Development

Ripple took a major step in Japan to boost digital asset ecosystem with a partnership with Web3 Salon, as per an official announcement on June 9. The Web3 Salon project is supported Japan External Trade Organization (JETRO) and powered by the Asia Web3 Alliance Japan.

Ripple will offer up to $200,000 per project over the next year as part of the broader 1 billion XRP commitment between XRPL Japan and Korea Fund and the company. It will help provide financial, technical, and business support for developers and startups building on XRP Ledger. Notably, the funding is focused on decentralized finance (DeFi), tokenized real-world assets (RWA), and digital payments startups.

Christina Chan, senior director of developer growth at RippleX, said “Together, we hope to fuel innovation and support the next generation of leaders.”

Ripple Extends XRP Adoption in Japan

Ripple already has many major partners in Japan including SBI Holdings, HashKey DX, Mercari, Yonsei University. The partnerships boost XRP adoption in the region with a specific focus on payments, supply chain finance, Web3, NFTs, and startup funding. Notably, 80% Japanese banks are set to adopt Ripple’s XRP by 2025 end.

Ripple and Web3 Salon to co-host four major community events until March 2026. The events’ agenda included highlighting Japan’s blockchain innovations, investor networking sessions, and educational workshops.

At the time of writing, XRP price was up more than 3% in the last 24 hours, with the price trading at $2.23. The 24-hour low and high are $2.17 and $2.29, respectively. Moreover, trading volume has jumped 146% in the last 24 hours, indicating a massive interest among traders.

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June 9, 2025 0 comments

GameFi Guides

Shiba Inu Ecosystem Decentralizes as ShibDAO Goes Live

by admin May 30, 2025

Simplifying participation in governance
ShibDAO features enable a decentralized future

Today marks a significant change to the Shiba Inu ecosystem following the launch of ShibDAO, a new system that gives power to the community by design.

As announced on X by Shiba Inu Updates, this move is an important step towards decentralization, where decisions are made by those who support SHIB and not behind closed doors.

With the launch of the DAO, the ecosystem becomes more transparent and fairer for everyone. Hence, ShibDAO introduced a few key features.

There’s on-chain staking that allows holders of SHIB, BONE, LEASH, and TREAT to lock up their tokens for a specific period. The longer they stake their tokens, the more voting power they get.

This means that those who show commitment to the project for a long period will have a greater say regarding decisions in the ecosystem.

Simplifying participation in governance

Off-chain voting through the Snapshot platform is another feature. Through this platform, users can make proposals and vote on them without paying huge gas fees.

Real-time data from the staking system helps determine the votes on Snapshot, making it easier for more people to take part in any voting process. ShibDAO also offers a delegation system for those who don’t have the time to vote on every proposal.

ShibDAO features enable a decentralized future

In addition, the innovative platform introduces a DAO factory, making it easier for people to create their own decentralized organizations. It is powered by the Shiba Name Service (SNS), which lets anyone claim a Shiba name.

This simple process opens the doors to various creative and impactful projects. There are several DAOs already up and running, but each has its unique focus.

The Bone DAO’s focus is on shaping the future of Shibarium through votes on development proposals and upgrades. The Leash DAO helps with resolving conflicts. The True DAO promotes innovation by funding the development of decentralized applications (dApps) and other new ideas.

The good news is that this system is fully operational and no longer a concept. Users can lock up their tokens to participate in staking since it’s live. Also, anyone can submit or vote on proposals that are open already.

The availability of these tools is a significant step forward for decentralized governance on the SHIB ecosystem.

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May 30, 2025 0 comments

GameFi Guides

Sui Ecosystem Rocked by $200M ‘Oracle Manipulation Attack’ on Its Largest DEX

by admin May 22, 2025

In brief

Attackers exploited vulnerabilities in Cetus Protocol’s smart contracts using spoof tokens to manipulate price calculations and drain liquidity pools on Sui’s largest decentralized exchange.
Popular Sui tokens including Lofi, Sudeng, and Squirtle plummeted 76-97% within an hour, while the Cetus token itself dropped 53% as 46 Sui tokens posted double-digit losses.
The attacker has $164 million in a Sui wallet and already bridged $61.5 million in USDC to Ethereum, with Cetus pausing contracts and investigations ongoing while Sui’s native token surprisingly rose 2.2%.

The Sui ecosystem has been rocked to its core by an exploit on the network’s largest decentralized exchange Cetus which has seen $200 million stolen from liquidity pools.

Notable Sui meme coins like Lofi (LOFI), Sudeng (HIPPO), and Squirtle (SQUIRT) tanked 76%, 80%, and 97% in just an hour. And the popular Cetus token dropped 53% over the same time frame. According to DEX Screener, 46 Sui tokens have made double digit losses over the past 24 hours.

“The attacker exploited vulnerabilities in Cetus Protocol’s smart contracts by deploying spoof tokens to manipulate price curves and reserve calculations,” Deddy Lavid, CEO and co-founder of security firm Cyvers, told Decrypt. “This allowed them to extract real assets from multiple liquidity pools, including the SUI/USDC pool. The stolen funds are being converted into USDC and bridged to other chains.”

PeckShield estimates that approximately $200 million worth of assets were stolen due to this exploit. The attacker currently has $164 million sitting in a Sui wallet and has bridged $61.5 million worth of USDC onto Ethereum.

A SUI spokesperson declined to comment on the exploit when reached by Decrypt, instead referring to what the team had already shared publicly on X.

In response, Cetus paused its smart contracts to prevent any further losses. The exchange issued a statement on social media stating that an “incident” had been detected and that its team was investigating it.

🚨Alert Announcement 🚨

There was an incident detected on our protocol and our smart contract has been paused temporarily for safety. The team is investigating the incident at the moment. A further investigation statement will be made soon. We are grateful for your patience.

— Cetus🐳 (@CetusProtocol) May 22, 2025

Leaked Discord messages suggest that the Cetus team believe the exploit came as a result of a “bug” in its oracle. Users on social media seemed skeptical of this, but Cyvers told Decrypt the aforementioned exploit is called an “oracle manipulation attack.”

This is because the attackers were able to manipulate the oracle to misrepresent the price via the deployed spoof tokens.

The attacker has been moving funds using the USDC stablecoin. Circle has caught flak from industry experts, like on-chain sleuth ZachXBT, for its slow reaction in freezing funds related to hacks—taking more than five hours to block funds connected to the Bybit hack in February.

(And for what it’s worth, USDT issuer Tether has had similar complaints for its fund freeing process leaving a window for attackers to avoid the punishment.)

“We’ve repeatedly urged stablecoin issuers to act on our real-time alerts, yet many still choose to wait for post-mortem investigations,” Lavid said. “The pattern is clear: Action comes days too late, if it comes at all. In this threat environment, delay is indistinguishable from inaction.”

This situation is still developing with former Binance CEO Changpeng “CZ” Zhao claiming that his team are doing what they can to help Sui.

“Not a pleasant situation,” he wrote on X, formerly Twitter. “Hope everyone stay SAFU!”

Surprisingly, Sui’s price hasn’t been too badly affected by news of the exploit. The token has actually risen 2.2% over the past 24 hours, according to CoinGecko.

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May 22, 2025 0 comments