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In a significant token supply adjustment, the USDC Treasury has executed a major burn of 51 million USD Coin tokens on the Ethereum blockchain. The substantial token destruction was detected by blockchain tracking service Whale Alert, bringing attention to the stablecoin’s active supply management strategies. The deliberate burning of $51 million worth of USDC represents…
In a stunning development that has captivated the cryptocurrency market, two previously inactive Ethereum wallets have suddenly sprung back to life after eight years of complete dormancy. Blockchain analysts at Lookonchain reported that these mysterious addresses transferred a colossal 200,000 ETH—valued at approximately $785 million—to two new destinations in a movement that has sent ripples…
In a significant move for its global expansion, Hong Kong-listed International Business Digital Technology (IBDT) has secured crucial UDA regulatory approval. The company’s UAE-based subsidiary, IBDT Platform, received a formal no-objection letter from a federal regulatory authority in the Emirates. This green light grants preliminary approval to expand its commercial license into three core digital asset…
Bloomberg ETF analyst Eric Balchunas has stated that the era of Meme Coin ETFs is about to begin. The REX-Osprey Dogecoin ETF (ticker: DOJE) is scheduled for listing this Thursday, marking a major milestone in the rise of meme-inspired cryptocurrencies. 📊 Key Details: The Dogecoin ETF will trade under the ticker DOJE. It follows…
The altcoin market is showing strong signs of recovery as investors shift focus away from Bitcoin (BTC) and Ethereum (ETH). The TOTAL3 index, which tracks cryptocurrencies excluding BTC and ETH, has surged nearly 9% in the past week, signaling renewed momentum for altcoins. 📊 Market Highlights Bitcoin dominance dropped by 1.10% over the week….
Hong Kong-listed China San San Media has announced an ambitious new strategic direction. In its recently published 2025 interim report, the company detailed plans to significantly expand its footprint in the financial services and cryptocurrency sector. This move signals a major pivot for the media group as it seeks to capitalize on the evolving digital finance…