TON Slips as Selling Pressure Mounts Despite Recovery Attempts

Telegram’s cryptocurrency TON, TON is experiencing significant downward pressure on the short-term, according to CoinDesk Research’s technical analysis model. The token saw a 4.67% intraday decline to as low as $3.15 on high volume (3.65 million), though recent price action shows modest recovery attempts from the lows with new resistance forming at $3.24. The token … Read more

Singapore’s Trident Digital Targets Mammoth $500M Raise to Establish XRP Treasury

Singapore-based Trident Digital (TDTH) is looking to raise up to $500 million to build what it says will be one of the world’s first corporate treasuries centered around XRP. The listed tech firm, which on Nasdaq, said in a press release that the fundraise will support long-term XRP holdings, yield-generating strategies via staking, and deeper … Read more

Salt Typhoon: The Hidden Hand Behind the Telecom Gift Card Scam?

Security researchers have warned for years about the increasing sophistication of state-sponsored hacking groups, particularly those from China. On the radar of Congress.gov’s Congressional Record is the infamous Typhoon family: Volt Typhoon, Flax Typhoon, and Salt Typhoon—actively targeting government agencies, critical infrastructure, and telecommunications operators in the U.S. One school of thought suggests that the … Read more

Crypto Lending Platform Morpho V2 Brings DeFi Closer to Traditional Finance

Morpho, a permissionless cryptocurrency lending protocol, unveiled an update that seeks to further align decentralized finance (DeFi) with traditional lending by bringing more in the way of bespoke, predictable loan terms. Morpho V2 delivers market-driven fixed-rate, fixed-term loans with customizable terms, features previously unseen in DeFi, which are required to meet the demands of institutions … Read more

Crypto Lender Maple Partners with Liquid Staking Specialist Lido Finance

Cryptocurrency lending firm Maple Finance has partnered with crypto staking specialist Lido Finance to offer stablecoin credit lines backed by collateral in the form of Lido’s liquid staking token (stETH), the companies said on Thursday. The collaboration gives institutions the ability to borrow stablecoins without having to unwind their staked ETH positions. Borrowers can use … Read more

Snapchat’s latest subscription tier will get you ‘hundreds’ of lenses

Snapchat has launched a new subscription tier that offers access to a wider selection of lenses and augmented-reality experiences. The Lens Plus subscription costs $8.99 per month and will include lenses made by Snapchat and “select” creators to start, such as an exclusive AI-powered video lens and a Bitmoji game lens. Along with access to … Read more

CoinDesk 20 Performance Update: Chainlink (LINK) Drops 6.2%, Leading Index Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3177.65, down 2.6% (-85.47) since 4 p.m ET on Wednesday. None of the 20 assets are trading higher. Leaders: BCH (-1.5%) and BTC (-1.5%). Laggards: LINK (-6.2%) and NEAR … Read more