Tether announced a partnership with the TON Foundation to debut an omnichain version of its gold stablecoin XAUt on The Open Network, in an effort to expand the token across ecosystems. The new token, “XAUt0,” was built on LayerZero’s Omnichain Fungible Token standard, which allows tokens to be transferred through blockchains without wrapping or middlechains….
South Korea’s crypto scene will gain either way in the country’s presidential elections, as both candidates have run on pro-crypto platforms, pledged to ease regulations and expand crypto access. South Koreans will head to the polls on June 3 to elect a new president in a snap election to replace Yoon Suk-yeol, who was impeached…
Traders are increasingly pivoting to quick, short-term profit-taking strategies, in response to US President Donald Trump’s trade tariffs, rather than letting their positions run, according to Arrash Yasavolian, CEO and founder of the Bittensor-based Taoshi AI-enhanced trading platform. In an interview with Cointelegraph, the CEO said the tariffs have created headline-driven volatility across financial markets that can…
Ethereum users will be warned of a new attack capable of draining their wallets, as crypto market maker Wintermute says it has created code that injects a warning into verified malicious contracts. Wintermute’s code, dubbed “CrimeEnjoyor,” prints a warning within malicious Ethereum contracts that are “designed to auto-sweep funds” from wallets with leaked private keys,…
Strategy co-founder Michael Saylor has publicly expressed interest in discussing Bitcoin on the world’s most-listened-to podcast, The Joe Rogan Experience. “Hey @joerogan, let’s talk about Bitcoin,” Saylor said in a May 31 X post in response to a Joe Rogan fan account asking, “Who’s one guest you’d love to see Joe Rogan interview that he hasn’t had on…
The International Monetary Fund (IMF) has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers amid ongoing negotiations tied to the country’s extended financial program. The initiative, announced last week, is designed to attract autonomous miners, blockchain companies, and AI firms to Pakistan. However, the IMF…