Author: WebDesk

KuCoin Institutional has announced the integration of Asseto’s CASH+ into its institutional collateral framework, expanding its real-world asset (RWA) infrastructure across both the Off-Exchange Settlement (OES) program and the RWA Collateral Mirroring Solution (RCMS). The addition increases the range of eligible collateral available to institutional clients, allowing them to access stablecoin-equivalent trading credit while maintaining exposure to underlying yield-bearing assets.Within the OES framework, eligible institutional participants can pledge CASH+ as off-exchange collateral without transferring ownership of the asset. This structure enables capital to be deployed simultaneously for trading and yield generation, addressing a common constraint in institutional portfolio management. KuCoin…

Pi Network price dropped 6.99% and fell below $0.18. Pi Testnet launched subscription smart contract support. Price action showed stabilization after a sharp correction and failed rebound attempts. After reducing over 20% weekly losses, the Pi Network price has resumed the downward trend in the last 24 hours. After opening with a high, Pi Network price has unlocked another dip, sending the price below $0.18. This fall in the price comes as the Pi Network has confirmed its first smart contract feature on the testnet. Pi Testnet Adds Subscription Smart Contract Support Pi Network introduced subscription support on Pi Testnet,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Once again, Poland’s Parliament has failed to override the presidential veto of a controversial piece of cryptocurrency legislation, deepening tensions between the country’s legislative branch and its head of state. Polish Lawmakers Face Consecutive Defeat Against Nawrocki Over Crypto Bill According to a local media outlet, TVP World, members of the lower house of the Polish Parliament, i.e., Sejm, failed to reach the required third-fifth majority to overturn a second presidential veto of the Crypto Asset Market Act. President Karol Narcowski initially vetoed the cryptocurrency regulation bill…

On April 16, NFT marketplace Foundation announced it is in the process of shutting down following the collapse of a “rescue” deal with digital art platform Blackdove. This marks another high-profile failure as the NFT market continues its struggle to recover in the post-boom era.The decision comes as an increasing number of NFT platforms face pressure from prolonged declining liquidity, shrinking revenues, and competition that is increasingly concentrated among a few major players. Foundation, once positioned as a curated marketplace for artists, has been unable to find a suitable buyer to continue operations.NFT Platforms Are Struggling in a Shrinking MarketFoundation’s…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Aave has seen more than $5.4 billion in ETH withdrawn after the Kelp DAO rsETH exploit raised fears of bad debt on the protocol. The wave of exits pushed Aave’s ETH utilization rate to 100%, leaving available liquidity effectively exhausted. Aave is dealing with a sharp loss of confidence after the Kelp DAO rsETH exploit spilled into the lending market and triggered a rush for the exit. According to Lookonchain, the attacker used rsETH as collateral to drain ETH from the protocol, leaving Aave exposed…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. An Ethereum Foundation-backed security project says it identified around 100 suspected DPRK IT workers embedded across crypto companies. The Ketman team said it contacted roughly 53 projects and is now helping firms use interview-stage honeypots to detect bad actors earlier. The Ethereum Foundation is putting a spotlight on one of crypto’s less visible security risks: hostile actors getting hired before they ever need to hack anything. According to information shared by @_FORAB, a recent Ethereum Foundation grant review highlighted Ketman, a project focused on identifying…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Alcoa is in advanced talks to sell its dormant Massena East smelter site in New York to NYDIG. The deal would deepen NYDIG’s presence at the hydropower-backed campus, where Coinmint already operates under a long-term lease. Alcoa is close to offloading one of its dormant industrial sites, and the likely buyer is a familiar name in Bitcoin mining. The aluminum producer is in advanced discussions to sell its former Massena East smelter along the St. Lawrence River to New York Digital Investment Group, or NYDIG,…

Shiba Inu (SHIB) is struggling to hold to Rs. 0.000056 (or $0.000006), and has been on a downward trajectory for more than a year. Shiba Inu (SHIB) fans have long waited for the asset to hit Rs. 1 ($0.011), but the journey may be longer than what many anticipate. Let’s look at the timeline for SHIB to delete four zeros and hit its target.When Will Shiba Inu Hit Rs.1?Source: PixabayOne of the most significant barriers to Shiba Inu’s (SHIB) price hitting very high levels is its massive supply. The project has about 589 trillion coins in circulation. If the price…

The Solana price declines as Bitcoin dominance triggers altcoin weakness. The altcoin failed to hold key support levels of $90-$97.  Key $83 support is at risk, and a breakdown could push SOL to $80. The Solana price is under pressure as the value continues to drop amid a broader shift in the crypto market. Rising Bitcoin dominance is the major reason for this significant shift.  Investors are moving funds away from altcoins and into Bitcoin, impacting the prices. This kind of “risk-off” sentiment typically hits higher-risk assets like Solana harder. As the overall market activity also slowed down, the bearish…

Key Takeaways: Sberbank readies crypto trading for its 110M clients, awaiting upcoming Bank of Russia regulations next. Following a December loan to Intelion, Sberbank plans to expand crypto-backed lending to more firms next. A December Bank of Russia draft caps retail buys at $4,000 yearly, paving the way for future market access. Sberbank Ready To Offer Crypto Services As Soon As Regulation Arises Cryptocurrencies are poised to make inroads into the Russian banking system as soon as a regulatory framework for these assets is established. Sberbank, one of the largest banks in Russia and Europe serving over 110 million retail…