Galaxy Asset Management, a division of Galaxy Digital Inc., announced it has finalized the close of its inaugural venture fund, Galaxy Ventures Fund I, LP, securing over $175 million in capital. In a press release shared with CryptoNews, the firm said it was initially targeting $150 million, the fund surpassed expectations due to strong investor…
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EU Stablecoin Interchangeability Under MiCA—What’s Next?
The European Commission is preparing to issue new guidance clarifying how stablecoins are treated under the EU’s crypto regulation framework, known as MiCA. The update is expected in the coming days, as pressure builds for clearer rules on cross-border stablecoin use. At the core of the guidance is a rule that would allow stablecoins issued…
Hedera Africa Hackathon Launches with $1M Prize Pool to Accelerate Africa’s Digital Future
Co-funded by The Hashgraph Association and Exponential Science Foundation, the pan-African hackathon invites the next generation of builders to join Africa’s largest Web3 Hackathon. The Hashgraph Association, a Swiss non-profit organisation driving global adoption of Hedera-powered solutions by funding innovation, training, certification, and venture building programs, in collaboration with Exponential Science Foundation, a not-for-profit foundation…
Taurus Launches the ‘First Private Smart Contract for Stablecoins’
Taurus, a Swiss digital asset infrastructure provider backed by Deutsche Bank, State Street, and Credit Suisse, has announced the deployment of what it calls “the first private stablecoin contract.” The press release noted a difference between this offer and legacy stablecoins. The former, it argues, combines the zero-knowledge proofs’ confidentiality and key compliance elements. Therefore,…
Why Is Crypto Down Today? – June 26, 2025
The crypto market is down today. The majority of the top 100 coins have recorded price decreases over the past 24 hours, but most top 10 coins are up. Moreover, the cryptocurrency market capitalization has fallen by 1% in that period to $3.43 trillion. The total crypto trading volume is at $99.9 billion, the same…
South Korean Police Bust Fake Crypto Exchange Ring, Seize $3.2M Worth Of Crypto
South Korean authorities have dismantled a criminal syndicate that collected hundreds of billions of won (approximately $3.2 million) in commissions through fraudulent foreign exchange operations utilizing Neteller Pay, an overseas electronic payment platform similar to Cash App but without global restrictions. According to South Korean news agency Yonhap, the Busan Western District Prosecutors’ Office’s 3rd…
Epic Web3 Returns to Cannes with L2con: The Flagship EthCC[8] Side Event Focused on Web3 Scaling
Epic Web3, the global platform empowering Web3 founders through education, collaboration, and funding opportunities, is excited to bring L2con back to Cannes. As the largest side event of EthCC[8] dedicated to scaling and mainstream adoption in Web3, L2con will once again take center stage – this time at the renowned Hôtel Martinez – The Unbound…
Why Top Crypto Analysts Say Pepe Dollar Is “Pepecoin with Purpose”, How Pepe Dollar (PEPD) Fixes What Pepecoin Started
Over the past year, the meme coin landscape has evolved at lightning speed. While Pepecoin (PEPE) continues to draw major trading volumes – over $700 million daily as of late June 2025 – and maintains a passionate community, top analysts and traders increasingly highlight a core gap: lack of utility. Enter Pepe Dollar (PEPD), now…
Toobit Launches DEX+, On-Chain Trading Now Available on Spot Accounts
Toobit, the award-winning global cryptocurrency exchange, today introduces DEX+, a powerful new feature that simplifies on-chain trading. This allows users to access and trade a wide array of early-stage, trending, and high-potential on-chain assets directly from their Toobit Spot account. Despite DeFi’s explosive growth to over $90 billion in TVL this year and thousands of…
Bitcoin Miner Revenues Hit Two-Month Low, Selling Activity Remains Muted: CryptoQuant
Bitcoin miner revenues have fallen to their lowest levels in two months, according to analysts at on-chain and market data CryptoQuant. On June 22, daily earnings dropped to $34 million, a level not seen since April 20, 2025. The downturn is mainly being attributed to reduced transaction fees and a decline in the market price…