Author: Kryptonews
The Ronin Treasury is looking to buy back over $4 million worth of RON tokens from the open market in a bid to reduce the circulating supply of the token, which could push up prices. The gaming-focused blockchain Ronin Network announced on Sunday that it will begin swapping all of its Ether (ETH) and USDC (USDC) holdings for RON over the course of a month, starting on Sept. 29.The buybacks will increase the amount of Ronin (RON) in the treasury and decrease the amount of Ronin tokens in circulation. There are currently 693 million out of a total 1 billion…
Binance co-founder Changpeng “CZ” Zhao’s edutech venture, Giggle Academy, managed to amass over a million dollars in public donations within half a day, thanks mainly to a memecoin. Giggle Academy’s donation address showed a balance of over 1,311 BNB (BNB) worth over $1.3 million at the time of writing, according to the BNB Smart Chain scan tool BscScan, after opening for donations on Sunday.A large portion of the donations came through a memecoin called “Giggle,” which was launched by the Giggle Fund, which has been sending trading fees charged for the memecoin to the Giggle Academy as BNB. Giggle Academy said all…
Three prominent automakers, Toyota, BYD, and Yamaha, have started accepting USDT payment options in Bolivia, as announced by Tether CEO Paolo Ardoino.Ardoino celebrated this milestone in a September 21 X post, where he said USDT is the “digital dollar” that’s now serving hundreds of millions of people, particularly in developing economies. Toyota, BYD, Yamaha accepting USDT in Bolivia"Tu vehiculo en dolares digital"USDT is the digital dollar for hundreds of millions in the emerging markets.Ubiquity. pic.twitter.com/0X0SH3USXX— Paolo Ardoino (@paoloardoino) September 21, 2025 The stablecoin adoption announcement comes as Bolivia’s Central Bank (BCB) recorded crypto payment transactions of $294 million during the…
Caroline Bishop Sep 21, 2025 10:04 EIGEN price currently trades at $1.81, down 2.74% in 24h but maintaining bullish trend above all major moving averages with RSI at 64.14 in neutral territory. Quick Take • EIGEN currently trading at $1.81 (-2.74% in 24h) • EigenLayer maintains position above all major moving averages signaling continued bullish structure • Technical indicators show mixed signals with RSI cooling from overbought levels while MACD remains positive What’s Driving EigenLayer Price Today? The EIGEN price action today reflects broader market consolidation rather than project-specific catalysts, with no significant…
The first regulated stablecoin tied to the international version of the Chinese yuan (CNH) meant for foreign exchange markets, and a South Korean won (KRW) stablecoin launched this week as the global stablecoin race heats up.Financial technology company AnchorX debuted its AxCNH yuan-pegged stablecoin on Wednesday at the Belt and Road Summit in Hong Kong, according to Reuters, following a regulatory pivot in China embracing stablecoins for international markets.The stablecoin is meant to facilitate cross-border transactions with countries in the Belt and Road initiative, an infrastructure project building physical roads linking China to the Middle East and Europe, and establishing…
In brief Kaia and LINE NEXT have announced Project Unify, a stablecoin-powered app inside LINE Messenger, which has nearly 200 million users in Asia. The app will launch in beta later this year, offering payments, remittances, yield services, and access to more than 100 decentralized applications. Plans include support for regional stablecoins from the yen and won to the peso and baht, though rollout faces ongoing regulatory uncertainty in Seoul. Kaia, a public blockchain created through the merger of Kakao’s Klaytn, LINE’s Finschia networks, and LINE NEXT, the venture arm of LINE, announced on Monday at Korea Blockchain Week in…
Crypto exchange Crypto.com has denied that it kept a 2023 data leak of user details a secret from authorities. Bloomberg reported on Friday that Noah Urban, a member of the hacking group Scattered Spider, said the group had phished their way into gaining access to a Crypto.com employee’s account sometime before early 2023, which exposed the personal information of some users. Blockchain investigator ZachXBT then claimed on X that Crypto.com “covered up a breach that impacted the personal information of your users,” adding that Crypto.com had been “breached several times.”Bloomberg’s report saw some crypto pundits criticize Crypto.com, arguing it should have been…
Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.On the streets of Bolivia, an advertisement for a bright green BYD Dolphin Mini is plastered across a billboard.Toyota, BYD, Yamaha accepting USDT in Bolivia”Tu vehiculo en dolares digital”USDT is the digital dollar for hundreds of millions in the emerging markets.Ubiquity. pic.twitter.com/0X0SH3USXX— Paolo Ardoino 🤖 (@paoloardoino) September 21, 2025 The irony is hard to miss: a Chinese electric…
If you’ve been following the latest news from 1984, you’ll know that Vietnam has permanently closed over 86 million bank accounts. For a country with an estimated 200 million bank accounts, that’s around 43% being frozen or deleted to “prevent fraud and cybercrime.”The account closures follow sweeping new regulations requiring users’ biometric authentication, and provide Bitcoin with one of the best free publicity campaigns to date.86 million bank accounts: Vietnam’s biometric turnAccording to Vietnam News and statements by the State Bank of Vietnam (SBV), commercial banks began deleting more than 86 million bank accounts at the start of September 2025.Officials…
Three major international vehicle manufacturers have started accepting a Tether in Bolivia to navigate its collapsing US dollar reserves, marking a major step in the Latin American country’s crypto adoption.Tether CEO Paolo Ardoino shared that Toyota, Yamaha, and BYD are taking Tether (USDT) for payment on Sunday, while crypto security firm BitGo confirmed the first Toyota was purchased in Bolivia with USDT on Saturday.Pictures shared by Ardoino show a dealership displaying signs that advertise USDT as an “easy, fast, and safe” payment option for car purchases. BitGo said it partnered with Tether and Bolivia Toyota to assist it with self-custody while…
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