Forward Industries launches Solana validator, almost $1.7B SOL staked

    Publicly traded Solana treasury company Forward Industries launched its first institutional-grade validator node on the Solana blockchain as part of its broader strategy to deepen its role within the Solana ecosystem. The company announced the launch on Tuesday, saying that the validator runs on DoubleZero’s fiber network, which powers the validator and uses Jump Crypto’s Firedancer, a…

    CZ’s YZi Labs launches $1B BNB fund as token hits new highs

    YZi Labs, a venture capital firm founded by Binance co-founder Changpeng “CZ” Zhao, is launching a $1 billion fund for founders in the BNB ecosystem amid the token skyrocketing to all-time highs. YZi Labs announced Wednesday a $1 billion Builder Fund to double down on founders in the BNB ecosystem, particularly on the BNB Chain. “BNB…

    Dubai’s crypto grand strategy aims to challenge Asian crown

    Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association It is no secret that Dubai has been aggressively challenging its Asian counterparts for the crown of becoming the world’s next crypto capital. Beneath the gleaming air-conditioned skyscrapers, where supermodels are everywhere at crypto events and pilot blockchain programs, a complex grand strategy is…

    S&P unveils Digital Markets 50 Index tracking cryptos and blockchain stocks

    S&P Global plans to launch a new benchmark index that tracks a wide range of digital assets and blockchain-related companies, signaling growing recognition of the crypto sector within traditional finance. The S&P Digital Markets 50 Index, created in partnership with tokenization company Dinari, includes 15 cryptocurrencies with a market capitalization of at least $300 million…

    A ‘spooky’ Ethereum correlation suggests an imminent breakout

    Ethereum has been highly correlated with small-cap equities, which are very sensitive to interest rates, and analysts say both could move higher with more cuts on the horizon. Analysts at macro investor outlet Milk Road said on Tuesday that there is an “almost spooky” correlation between Ether and the Russell 2000 Index, which comprises small-cap equities….

    Dubai regulator cracks down on 19 unlicensed crypto operators

    Dubai’s crypto regulator fined 19 companies for operating without licenses, signaling a continued push to strengthen oversight and protect investors. On Tuesday, Dubai’s Virtual Assets Regulatory Authority (VARA) announced that it had issued financial penalties and cease-and-desist orders against 19 companies found to be operating outside its regulatory perimeter. VARA said the sanctions were part of its…