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Decentralized exchange Bunni has announced its shutdown following an $8.4 million exploit in September, making it the second crypto project to close down this week. The team revealed in a Thursday post that the recent breach halted Bunni’s growth, and relaunching securely would require six to seven figures in audit and monitoring expenses—funds they currently […]

Prediction market Polymarket is on the verge of a massive valuation surge, with early talks underway to raise funds at an estimated $12 billion to $15 billion. This marks a potential 10-fold increase from just four months ago, according to insiders cited by Bloomberg. This dramatic leap follows a $200 million funding round in June

Changpeng “CZ” Zhao, co-founder and former CEO of Binance, criticized Peter Schiff’s proposed tokenized gold product, labeling it a “trust me bro” asset. CZ argued that tokenized gold is not truly on-chain gold but rather a promise reliant on third-party custody. In a post on X, he highlighted the risks of trusting intermediaries to deliver

Crypto analysts are predicting one final pullback for Bitcoin, anticipating a drop to the 50-week moving average near $104,000 before the bull market reignites. This critical support level has historically held strong, having supported prices four times since Bitcoin’s mid-2023 rally. Analyst ‘Sykodelic’ pointed out that despite market apprehension, leverage concerns and liquidity clusters around

Solana-based decentralized exchange aggregator Jupiter is gearing up for the full launch of its native prediction market, developed in partnership with Kalshi, aiming for a rollout by the fourth quarter of 2025. The new feature, currently in beta, allows users to wager on real-world event outcomes, with Kalshi providing liquidity support. Jupiter’s COO, Kash Dhanda,

Hyperliquid Strategies is stepping up its commitment to the HYPE ecosystem by filing to raise $1 billion through a stock sale aimed at expanding its crypto treasury and solidifying its position as a leading holder of Hyperliquid (HYPE) tokens. The Nasdaq-listed biotech firm Sonnet BioTherapeutics and SPAC Rorschach I LLC’s pending merger entity revealed plans

Decentralized exchange Bunni has announced it will shut down following an $8.4 million exploit in September, becoming the second crypto project to fold this week. The team revealed on Thursday via an X post that they are ceasing operations due to insufficient funds. “The recent exploit halted Bunni’s growth, and securely relaunching would require six

Changpeng “CZ” Zhao, co-founder and former CEO of Binance, criticized Peter Schiff’s proposed tokenized gold offering, labeling it a “trust me bro” asset. In a recent post on X, CZ argued that such tokenized gold does not represent on-chain gold but rather a pledge that relies on third-party custody. He emphasized the risks involved, stating,

India-based crypto exchange WazirX is set to restart trading on Friday, marking a significant comeback after a year-long halt triggered by a $234 million security breach. To regain user trust and rebuild liquidity, WazirX will offer zero trading fees for at least the first 30 days of its phased relaunch. CEO Nischal Shetty announced the

Solana-based decentralized exchange aggregator Jupiter is preparing for the full launch of its native prediction market, developed in collaboration with Kalshi, before the end of 2025. The platform has just released a beta version that lets users place bets on real-world events, starting with the upcoming Mexico Grand Prix Formula One driver outcome. Kalshi supplies