Specific Cryptocurrency Project Updates

News and analysis on various cryptocurrency projects, including their launches, partnerships, performance, funding, and security.

Raydium Protocol Hits Record Revenue and Market Share in May 2025

In May 2025, Raydium Protocol reached an important milestone. The platform most recently achieved its all-time high application revenue market share across all blockchain networks. Now, this is what we call a bad damn! And let us tell you why: You can see, in the picture right here above, the clear differentiation with the revenue share across DeFi protocols. Moreover, while many initiatives in the DeFi space seem to be running on fumes at the moment, Raydium has new features in the pipeline that will be rolled out in coming weeks. Explosive Volume Growth and Revenue Surge One of the The post Raydium Protocol Hits Record Revenue and Market Share in May 2025 appeared first on The Merkle News.

Bitcoin exchange reserves dry up as BTC price approaches $110K — is a new ATH on the horizon?

Bitcoin surged roughly 3.8% over the past 24 hours, briefly breaking above the $110,000 mark before settling around $109,600 by Tuesday morning Asian hours. This move marks Bitcoin’s (BTC) strongest performance in June so far, reversing last week’s drop that…

Sky rolls out staking rewards, distributes $1.6M USDS in first week as SKY price climbs 12%

Sky Protocol, formerly MakerDAO, launched its much-anticipated staking rewards program, and the numbers are already turning heads. In a June 9 post on X, the team revealed that more than $568 million worth of SKY tokens have been staked, with…

Galaxy Ventures Backs RISE Chain, $8M Raised to Launch Fastest Zone for Real-Time Apps on Ethereum

[PRESS RELEASE – Sydney, Australia, June 9th, 2025] With the support of Galaxy Ventures and previous investment from notable industry leaders like Vitalik Buterin, RISE sets out to solve the blockchain adoption challenge with its exponentially faster blockchain technology; offering real-time performance of as low as 5ms latency and a 100k TPS target, while maintaining […]

AixuSpeed Reports $500K in Token Commitments Within First 72 Hours of Pre-Sale

[PRESS RELEASE – Shanghai, China, June 9th, 2025] AixuSpeed a meme-inspired cryptocurrency developed with a focus on real-time transaction capabilities, has reported exceeding US $500,000 in pre-sale commitments within the first 72 hours of its offering. The early traction highlights the level of initial interest in the token, which combines community-driven branding with a payment […]

X and Polymarket Join Forces to Launch Real-Time Market Analysis Tool with xAI’s Grok

A collaboration between the social media platform X, under the direction of Elon Musk, and Polymarket, a top digital market prediction service, has the potential to fundamentally alter not just what people see when they log onto X but also—thanks to Grok, an AI chatbot from Musk’s startup xAI—how they understand it. This is how the announcement on Friday, part press release, part promotional material, put it: X can now contextualize and explain public sentiment and behavior in the market in real time. And all it took was for Polymarket to partner with X. This is a crucial turning point The post X and Polymarket Join Forces to Launch Real-Time Market Analysis Tool with xAI’s Grok appeared first on The Merkle News.

Sonic Ecosystem Eyes Long-Term Growth with Innovative Incentives and Rising Stars

The Sonic ecosystem is undergoing rapid expansion, backed by a bold mix of incentive engineering, technical innovation, and rising adoption among both retail and institutional players. With total value locked (TVL) surpassing $1 billion during its Season 1 (S1) airdrop, the question now is whether Sonic’s momentum can be sustained—and what its redesigned growth model means for the future of decentralized finance. At the heart of this ecosystem are two of its fastest-growing protocols: ShadowOnSonic, the dominant decentralized exchange (DEX), and Silo Finance, the leading lending protocol. Together, these platforms are helping to define Sonic’s trajectory as it shifts from The post Sonic Ecosystem Eyes Long-Term Growth with Innovative Incentives and Rising Stars appeared first on The Merkle News.

ALEX Protocol Suffers $8.37M Exploit, Launches Full Compensation Plan for Affected Users

On June 6, 2025, ALEX Protocol, a decentralized finance platform operating on the Stacks blockchain, suffered a substantial security breach that resulted in the loss of over 8.3 million dollars’ worth of digital assets. The incident stemmed from a defect in the protocol’s self-listing verification logic, a shortcoming connected to limitations of the Stacks network. The defect let an attacker tamper with asset listings and pull the plug on several liquidity pools. Following the breach, the ALEX Lab Foundation declared a complete compensation plan to reimburse all impacted individuals in USDC. This is part of an effort to restore the The post ALEX Protocol Suffers $8.37M Exploit, Launches Full Compensation Plan for Affected Users appeared first on The Merkle News.

ETH Wallets Hit 17.4M, DOT Reclaims $4, and BlockDAG Teases NBA Deal Before 2,520% ROI Launch

Ethereum wallet addresses surge past 17.4 million, while Polkadot regains momentum at $4. Meanwhile, BlockDAG sparks attention with a teased NBA partnership and ambitious 2,520% ROI projections ahead of its anticipated launch.

Whales Step Up $MASK Accumulation Despite Declining Holder Count

An intriguing development within the crypto market is the token $MASK, which has experienced a paradoxical shift in the past few hours. While the number of holders has decreased by 20, the price of $MASK has risen by about 10%. This contrasting movement seems to indicate that large investors, or whales, are increasing their positions, absorbing tokens from smaller holders who seem to be selling off. Whales Consolidate Positions Amid Market Movements In $MASK, we see something that could easily be read as smaller investors bailing and larger, smarter players stepping in to buy at what must look to them The post Whales Step Up $MASK Accumulation Despite Declining Holder Count appeared first on The Merkle News.

Dubai rides tokenization wave; Air Arabia embraces AE Coin

Dubai has made it possible for locals to invest in tokenized real estate through Pryco Mint; meanwhile, Air Arabia is now accepting AE Coin for bookings. The post Dubai rides tokenization wave; Air Arabia embraces AE Coin appeared first on CoinGeek.

Dogecoin Nears 8 Million Holders—Where Do XRP, Bitcoin Stand?

On-chain data shows the Dogecoin user base has grown to nearly 8 million recently. Here’s how other major assets like XRP and Bitcoin compare. Dogecoin Beats Several Top Coins In Total Amount Of Holders In a post on X, the on-chain analytics firm Santiment has shared how the various top coins in the cryptocurrency sector […]

Bitcoin, US crypto stocks rise as more firms plan BTC buys

Crypto-tied US companies gained alongside Bitcoin on Monday, as public firms continued to scoop up the cryptocurrency.

First Force set to make Telegram debut with one of the largest NFT drops on TON

First Force is set to launch a new Telegram token collection inspired by the TAC community on June 17, marking one of the largest drops on the TON ecosystem. According to a press release sent to crypto.news, the First Force…

Sui DeFi Exchange Cetus Back in Action After $233 Million Exploit

Following a damaging protocol vulnerability in May, Sui decentralized exchange Cetus is back online with a compensation plan. Article Source: decrypt.co The post Sui DeFi Exchange Cetus Back in Action After $233 Million Exploit appeared first on Crypto Adventure.

Cardano launches its first Bitcoin DeFi protocol ‘Cardinal’

Cardano has launched Cardinal, its first decentralized finance protocol designed specifically for Bitcoin users. The announcement was made by Cardano (ADA) founder Charles Hoskinson on June 9 via X. Developed by Input Output, the research and development team behind Cardano,…

ADA price jumps as Cardano launches first Bitcoin DeFi protocol

Cardano launches Cardinal Protocol, enabling BTC use in DeFi without bridges. ADA’s price surges as Cardinal adoption grows across major Cardano DeFi platforms. Cardinal ensures secure, non-custodial BTC staking and lending. Cardano has taken a major leap in the decentralized finance world with the launch of its first Bitcoin DeFi protocol, Cardinal, triggering a sharp […] The post ADA price jumps as Cardano launches first Bitcoin DeFi protocol appeared first on CoinJournal.

Soneium Launches Developer Incubator Program to Support Consumer and Gaming Apps

Soneium, Sony’s entertainment-focused Layer 2 platform, has announced the launch of “Soneium For All,” a new developer program aimed at supporting blockchain developers in the Consumer and Gaming sectors. Building on its existing momentum of over 100 live decentralized applications (dApps), 7 million wallets, and up to 1.5 million transactions per day, the program addresses… Continue reading Soneium Launches Developer Incubator Program to Support Consumer and Gaming Apps The post Soneium Launches Developer Incubator Program to Support Consumer and Gaming Apps appeared first on Crypto Adventure.

Hyperliquid Hits New ATH Today: What's the Hype about HYPE?

Hyperliquid (HYPE) just hit a new all-time high, and traders are piling in. But what's fueling this rally, and is it sustainable? We break down everything from whale activity to tokenomics.

Hyperliquid’s HYPE Surges to New ATH as Whales Continue to Accumulate

HYPE token shot past $40 after whale scoops $9.976M worth, fueling a surge to a fresh all-time high.

Why Is Hyperliquid (HYPE) Price Up 12% Today?

Hyperliquid (HYPE) has outpaced the broader crypto market with 12% gains, as influencers take massive BTC, ETH leveraged bets on the DEX. The post Why Is Hyperliquid (HYPE) Price Up 12% Today? appeared first on Coinspeaker.

Plasma raises $500m in oversubscribed XPL token sale for stablecoin-focused blockchain

Plasma, a startup focused on stablecoins, raised an impressive $500 million in its latest public token offering, far surpassing its initial target. On June 9, Plasma announced on X that its public token sale for XPL sold out in just…

Plasma Just Raised $500 MILLION in Under an Hour, What the Heck Is Going On?!

Let’s say it louder for the people in the back: Plasma raised $500 MILLION from 1,100 wallets in 48 minutes. Yeah. That’s not a typo. Half…Continue reading on Coinmonks »

TRON kicks off vote on reducing TRX block and voting rewards to boost deflation

TRON has kicked off a critical vote to halve block and voting rewards, which would significantly raise TRX’s annual deflation rate from 0.85% to 1.29% The TRON (TRX) network has officially commenced voting on Proposal No. 102, which seeks to…

VERA and cheqd to launch secure messaging for business, powered by blockchain

South Africa-based Vera is launching a blockchain-based verifiable communications for businesses.

Serenity, Zoniqx to Launch Biometric-Backed Tokenization Pilot in UAE

Latest News and Updates on blockchain industry by AlexaBlockchain ("Alexa Blockchain"). Serenity and Zoniqx have collaborated to launch a biometric-secured RWA tokenization pilot in Dubai, aligning legal deeds with on-chain assets to bridge U.S. and GCC financial markets. The project prioritizes compliance, decentralization, and real-world asset utility. The post Serenity, Zoniqx to Launch Biometric-Backed Tokenization Pilot in UAE appeared first on AlexaBlockchain.

Cardano Releases First-Ever Bitcoin DeFi Protocol: Why It Matters

Cardano’s research and engineering arm, Input Output Global (IOG), has unveiled “Cardinal,” the first protocol that allows native Bitcoin unspent transaction outputs (UTXOs) — including Ordinals — to circulate inside Cardano-based decentralized-finance markets without custodians or federations. The disclosure came late Monday when IOG chief technology officer Romain Pellerin published a nine-part thread on X […]

Bombie Airdrop Listing Set for June 17 on MEXC, KuCoin, and Bybit

Bombie ($BOMB) listing is set to take place across major crypto exchanges on June 17, 2025, following the completion of its airdrop campaign. The team behind Bombie confirmed that $BOMB will list on MEXC, KuCoin, Bybit, Bitget, and Blofin, with MEXC beginning $BOMB/USDT spot trading at 10:00 UTC. Deposits are now live. KuCoin, which relaunched […] The post Bombie Airdrop Listing Set for June 17 on MEXC, KuCoin, and Bybit appeared first on Coinchapter.

Bomb Airdrop Goes Live: Here Is How To Claim $BOMB

Bombie, a meme-based zombie-shooting game operating under the Catizen ecosystem, has activated its BOMB airdrop claim portal. The game has converted in-game $Bombie balances into $BOMB tokens at a fixed ratio defined by the project. Players can now check and claim their airdrop allocation using the Bombie Telegram Mini App or official DApp site. How […] The post Bomb Airdrop Goes Live: Here Is How To Claim $BOMB appeared first on Coinchapter.

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