Author: Michael Fawn
Michael Fawn
Michael Fawn is a cryptocurrency journalist and blockchain analyst with a passion for breaking down complex market trends into easy-to-understand insights. Covering everything from Bitcoin and Ethereum to emerging altcoins and Web3 innovation, Michael focuses on delivering accurate, timely, and engaging crypto news for investors and enthusiasts alike. With years of experience following the digital asset industry, Michael keeps readers informed on the latest developments shaping the future of finance.
Hong Kong stocks surged more than 2%, mirroring a rise in U.S. futures following reports of de-escalation between Iran and the U.S.
Mysten Labs launches Sui Prototype Seal MPC on mainnet. This secure multi-party computation system enables AI agents to execute on-chain transactions safely.
Ethereum zkRollup project Loopring is closing its decentralized exchange. The decision comes after failing to achieve significant user adoption and engagement.
Loopring, the platform behind Ethereum’s initial zk rollup decentralized exchange, has ceased operations following a period of declining activity and user engagement.
Crypto exchange BitMEX has removed its CEO, CFO, and head of growth. Peter Wilkinson has been appointed as the new CEO.
South Korea’s Samsung and SK Hynix will invest $518 billion in new chip plants, accelerating AI memory production and drawing capital from the crypto sector.
Bitcoin traded near $59,700, down 0.3% for the day, as de-escalation in the U.S.-Iran conflict boosted stocks but not digital assets.
The Crypto Fear & Greed Index has fallen to 24.8, deep in “Extreme Fear,” despite the S&P 500 nearing its all-time high.
CAYE has successfully raised nearly RMB400 million in its Series B funding round, with Meituan Longzhu leading the investment.
Greentown has established a new real estate development company, Hangzhou Zhenyi, with a registered capital of RMB 1.02 billion.