Web3 - Crypto News And Market Updates

Stablecoin-focused crypto illustration showing digital dollar symbols and blockchain network, representing expectations of a stablecoin supercycle.

NFT Market Shrinks 18% to $116.9M as Polygon Overtakes Ethereum in Sales

June 21, 2025 Gonzalo

NFT sales dropped 18% to $116.9M this week, with Polygon overtaking Ethereum and Immutable retaining top position despite a sales dip.

Illustration depicting MexC Representative and White Whale trader discussion and confirmation of a deal

Crypto Enters IPO Era: MEXC’s Tracy Jin Says Market Maturity and Clarity Are Key

June 14, 2025 Gonzalo

MEXC’s Tracy Jin says the crypto IPO wave is here, driven by regulatory clarity, market maturity, and booming investor demand for solid business models.

Jim Cramer illustration with declining market chart, representing predictions of a broader market downturn.

Connecticut Bans Crypto Use in Government, Rejects Bitcoin Reserves

June 11, 2025 Gonzalo

Connecticut bans government crypto use and Bitcoin reserves after unanimous vote, aligning with other US states rejecting strategic crypto investment plans.

Singapore Orders Crypto Firms to Halt Overseas Operations by June 30

June 2, 2025 Gonzalo

Singapore’s MAS orders crypto firms to cease overseas services by June 30 or face fines up to $200K and jail, citing AML and CFT concerns.

Tether Launches Omnichain Gold Stablecoin XAUt0 on TON Blockchain

June 2, 2025 Gonzalo

Tether launches omnichain gold stablecoin XAUt0 on TON using LayerZero tech, aiming to rival gold ETFs and other stablecoins like Paxos’s PAXG.

Illustration representing US markets and blockchain migration, with digital locks, network nodes, and symbols of financial infrastructure transition

Insurance Companies Race to Cover Rising Crypto Kidnap and Ransom Threats

May 31, 2025 Gonzalo

Insurers respond to rising kidnappings targeting crypto wealth with specialized coverage for executives and investors facing growing threats.

Illustration highlighting hidden security threats within crypto hiring processes and insider risks.

AI OSINT Tool Profiles YouTube Users, Prompting Privacy and Legal Alarms

May 30, 2025 Gonzalo

Lolarchiver’s AI tool profiles YouTube users via comments, raising serious concerns about privacy, legality, and digital surveillance ease.

Hong Kong Passes Stablecoins Bill, Enforces Licensing for Fiat-Backed Issuers

May 21, 2025 Gonzalo

Hong Kong mandates licensing for fiat-backed stablecoin issuers, setting tough new standards for compliance, reserve backing, and consumer safety.

Illustration showing Pudgy Penguins characters in action poses, representing a themed NFT collaboration with DreamWorks' Kung Fu Panda

NFT Sales Surge 22% to $107M as Pudgy Penguins Make Strong Comeback

May 3, 2025 Gonzalo

NFT sales soar 22% to $107M; Pudgy Penguins bounce back with $2.4M in sales. Polygon, Ethereum dominate amid broader crypto market recovery.

GENIUS Act Revival Triggers Senate Showdown Over $2B Trump Stablecoin Deal

May 2, 2025 Gonzalo

Senators revive GENIUS Act as Warren blasts Trump’s $2B stablecoin deal with MGX, calling it corruption tied to crypto and foreign influence.