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1 07, 2025

Solana Faces 14% Pullback Amid DApp Stagnation, ETF Hopes Remain

By |2025-07-01T19:49:44+03:00July 1, 2025|News, NFT News|0 Comments


Solana (SOL) is currently poised for a potential rally towards $200, but this upward momentum requires key catalysts to drive it forward. The network recently experienced a 14% pullback from $158 to $143 due to stagnant DApp growth and waning memecoin hype. Despite this setback, futures data indicates an increase in leveraged positions, although sentiment remains cautious with funding rates dropping to 0%.

Analysts suggest that the approval of a spot SOL ETF and a renewed focus on tokenized real-world assets (RWAs) could reignite interest in Solana. Despite recent weakness, Solana’s $10 billion total value locked (TVL) and its efficiency advantages over Ethereum (ETH) suggest strong upside potential if institutional confidence returns. A shift in sentiment could accelerate a breakout beyond current resistance levels.

While Solana captures headlines with its $200 price target, seasoned investors are increasingly turning their attention to earlier-stage platforms where the upside potential is not just 2x or 3x, but 30x and beyond. This is where Mutuum Finance (MUTM) is gaining rapid traction. Currently priced at just $0.03 in its Phase 5 presale, Mutuum Finance offers real early entry with explosive upside potential.

For instance, a $3,000 investment into MUTM at $0.03 could balloon to $90,000 if the token hits a realistic post-launch value of $0.90, which analysts from top platforms have highlighted as achievable given the project’s lending utility, beta-ready platform, and rising community interest. With each presale phase pushing the price higher toward the $0.06 cap, this window is tightening fast—and those who wait may find themselves chasing momentum instead of capturing it.

In the middle of Phase 5, with over $11.3 million already raised and 12,600+ holders, Mutuum Finance (MUTM) is not just another presale. It is a structured roadmap-driven project aiming to become the backbone of peer-to-peer and peer-to-contract lending. Retail investors are starting to catch on, with over 35% of wallets joining in Phase 5 having deposits under $1,000, indicating a growing movement of individual investors preparing for what many believe could be the next 30x launch.

What separates Mutuum Finance from other early-stage projects is its clear roadmap and timely delivery. The beta version of the platform is on track to launch alongside the token listing, creating a smooth transition from presale to live utility. Once the beta is released, it will mark the start of real-time usage, setting the foundation for the stablecoin system and Layer-2 infrastructure to follow. This momentum will be followed by the rollout of Mutuum’s decentralized stablecoin, which will only be minted when users borrow against assets like ETH or BTC and will be burned upon repayment or liquidation. Governance will manage its interest rates to help it hold its peg near $1. This mechanism not only supports long-term price stability but will also increase trust in the protocol’s treasury structure.

Beyond that, the protocol is integrating with Layer-2 technology, dramatically reducing fees and speeding up transactions. This will be critical for high-volume lending and borrowing, especially as more users move assets into the platform to either earn passive income or unlock liquidity. Another investor who deposits $10,000 in USDC through Mutuum’s P2C lending model will receive mtUSDC, which automatically accumulates interest over time. Assuming an average APY of 18% (depending on pool utilization), this investor could earn $1,800 per year in completely passive income—without needing to reinvest or actively manage the position. Plus, those mtTokens can be used in other ecosystem functions like staking for MUTM token rewards, compounding the benefits even further.

Borrowers will have their own edge. For example, someone holding $10,000 worth of ETH can borrow up to 75% (depending on LTV ratio) of that value without selling their asset. This strategy will allow them to keep market exposure while using borrowed capital for other opportunities. Since all loans will be overcollateralized, and liquidations handled through the protocol’s “Stability Factor,” the system will remain balanced and safe for all users. The team is also running a $100K giveaway to reward early believers, with ten winners set to receive $10,000 worth of MUTM tokens. Combined with a $50,000 bug bounty in partnership with CertiK, the developers are showing a commitment to platform security and community trust. Mutuum’s CertiK audit has already achieved a 95.00 Token Scan Score and a 77 Skynet Score, validating the strength of its code and structure.

At just $0.03 per token, Mutuum Finance represents one of the most underpriced entries in the current DeFi cycle. Investors who deploy $4,000 at this price point and ride the token to $0.60—just a 20x move—will walk away with $80,000. For those eyeing even greater returns, projections as high as $1 per token are firmly in play as the roadmap advances and retail demand builds. The urgency is growing fast. As soon as Phase 5 ends, the token price will increase to 0.035, and the entry point for massive gains will disappear. While SOL targets a move to $200, the real explosion may come from projects still trading under the radar—projects like Mutuum Finance that have already secured strong funding, thousands of holders, and a product roadmap leading straight to live utility. Those who wait for confirmation will pay more. Those who move before the beta launches will own the upside.



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1 07, 2025

2025-06-30 | DeFi Technologies Announces 2025 AGM Results | NDAQ:DEFT

By |2025-07-01T07:43:40+03:00July 1, 2025|News, NFT News|0 Comments


TORONTO, June 30, 2025 /PRNewswire/ – DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to , is pleased to provide the voting results from the 2025 Annual and Special Meeting of shareholders.

The Company announces that the nominees listed in the management proxy circular dated May 20, 2025 (the “Circular“) for the 2025 annual and special meeting of shareholders of the Company (the “Meeting“) were elected as directors of the Company. Shareholders at the Meeting also approved the appointment of the Company’s auditors and the adoption of the Share Incentive Plan..

Detailed results of the vote for the election of directors held at the Meeting on June 30, 2025 in Toronto, Ontario are set out below.

Election of Directors

The shareholders approved the election as directors of the persons listed below, based on the following vote.

Name

% For

% Withheld

Olivier Roussy Newton

74.658

25.342

Chase Ergen

94.739

5.261

Mikael Tandetnik

75.943

24.057

Per von Rosen

94.735

5.265

Stefan Hascoet

75.956

24.044

Silvia Andriotto

94.738

5.262

Shareholders voted 95.592% in favour of the approval of the appointment of the Company’s auditors, with 4.408% of shareholders withholding their vote on the appointment of auditors.

Shareholders at the Meeting also approved the Company’s share incentive plan (the “Share Incentive Plan“), with 70.365% in favour and 29.635% against.

A total of 127,577,203 common shares were voted in connection at the Meeting, representing approximately 38.69% of the issued and outstanding common shares of the Company.

The Company’s board would like to express its gratitude to its shareholders for their participation and support.

About DeFi Technologies

DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi). With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionising the way individuals and institutions interact with the evolving financial ecosystem. Follow DeFi Technologies on Linkedin and Twitter, and for more details, visit https://defi.tech/

Cautionary note regarding forward-looking information:

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the pursuit by DeFi Technologies and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of DeFi Technologies, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of exchange traded product by exchanges; change in valuation of digital assets held by the Company; growth and development of decentralised finance and digital asset sector; rules and regulations with respect to decentralised finance and digital assets; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/defi-technologies-announces-2025-agm-results-302494757.html

SOURCE DeFi Technologies Inc.





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30 06, 2025

DeFi Technologies AGM Results: Directors Secure Strong 94% Approval

By |2025-06-30T23:39:28+03:00June 30, 2025|News, NFT News|0 Comments


TORONTO, June 30, 2025 /PRNewswire/ – DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to , is pleased to provide the voting results from the 2025 Annual and Special Meeting of shareholders.

The Company announces that the nominees listed in the management proxy circular dated May 20, 2025 (the “Circular“) for the 2025 annual and special meeting of shareholders of the Company (the “Meeting“) were elected as directors of the Company. Shareholders at the Meeting also approved the appointment of the Company’s auditors and the adoption of the Share Incentive Plan..

Detailed results of the vote for the election of directors held at the Meeting on June 30, 2025 in Toronto, Ontario are set out below.

Election of Directors

The shareholders approved the election as directors of the persons listed below, based on the following vote.

Name

% For

% Withheld

Olivier Roussy Newton

74.658

25.342

Chase Ergen

94.739

5.261

Mikael Tandetnik

75.943

24.057

Per von Rosen

94.735

5.265

Stefan Hascoet

75.956

24.044

Silvia Andriotto

94.738

5.262

Shareholders voted 95.592% in favour of the approval of the appointment of the Company’s auditors, with 4.408% of shareholders withholding their vote on the appointment of auditors.

Shareholders at the Meeting also approved the Company’s share incentive plan (the “Share Incentive Plan“), with 70.365% in favour and 29.635% against.

A total of 127,577,203 common shares were voted in connection at the Meeting, representing approximately 38.69% of the issued and outstanding common shares of the Company.

The Company’s board would like to express its gratitude to its shareholders for their participation and support.

About DeFi Technologies
DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi). With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionising the way individuals and institutions interact with the evolving financial ecosystem. Follow DeFi Technologies on Linkedin and Twitter, and for more details, visit https://defi.tech/ 

Cautionary note regarding forward-looking information: 
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the pursuit by DeFi Technologies and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of DeFi Technologies, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of exchange traded product  by exchanges; change in valuation of digital assets held by the Company; growth and development of decentralised finance and digital asset sector; rules and regulations with respect to decentralised finance and digital assets; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/defi-technologies-announces-2025-agm-results-302494757.html

SOURCE DeFi Technologies Inc.





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30 06, 2025

XRP Ledger Launches Ethereum-Compatible Sidechain for DeFi Expansion

By |2025-06-30T21:37:25+03:00June 30, 2025|News, NFT News|0 Comments


The XRP Ledger has expanded its capabilities with the launch of an Ethereum-compatible sidechain, marking a significant development in the blockchain ecosystem. This new sidechain enables Ethereum-based smart contracts and cross-chain decentralized finance (DeFi) applications, leveraging XRP as its gas token. The integration allows developers to write smart contracts in Solidity, the programming language commonly used on Ethereum, while benefiting from the XRP Ledger’s established infrastructure, fast block times, and low transaction fees.

The sidechain, built by Peersyst with support from Ripple and the broader XRPL community, has been connected to over 80 blockchains through Axelar, a cross-chain connectivity provider. This connection facilitates cross-chain real-world asset (RWA) and DeFi applications, expanding the reach and utility of the XRP Ledger. The bridge, which went live simultaneously with the sidechain’s debut, provides developers with an immediate route to multiple blockchains and allows the sidechain to use wrapped XRP as its native gas token. This seamless integration is managed through a user-friendly interface run by Squid, eliminating the need for users to juggle multiple wallets and bridges.

The launch of the EVM-compatible sidechain opens up new opportunities for developers and institutions. More than six million XRP Ledger wallets are now just one click away from DeFi applications that were previously exclusive to Ethereum Virtual Machine (EVM) chains. Several projects have already begun to leverage this new capability. Strobe is introducing a money market for lending and over-collateralized borrowing, while Securd is offering a lending model that finances leveraged DeFi positions. Vertex, known for its derivatives engine, plans to bring capital-efficient trading to the network. Additionally, Blockscout is providing a block explorer, and Goldsky is handling indexing and data feeds.

The sidechain’s compatibility with EVM also provides a timely tool for institutions exploring tokenized dollars and other real-world assets. The XRP Ledger has long positioned itself as a platform for regulated finance, and its backers believe that EVM compatibility strengthens this position. David Schwartz, Ripple’s chief technology officer and one of the ledger’s original architects, highlighted that the sidechain allows teams to use familiar EVM tooling while drawing on XRP liquidity. Georgios Vlachos, who heads the Axelar Foundation, noted that banks and fintech firms are actively seeking reliable cross-chain rails, and this collaboration addresses that demand without altering the core XRP network.

Furthermore, Ripple has integrated Wormhole to enable the XRPL and its EVM sidechain to interact with over 35 blockchain networks, including Ethereum and Solana. This integration enhances the network’s utility by allowing developers to execute Ethereum-based smart contracts on the XRP Ledger, further expanding its capabilities. The sidechain also supports stablecoins like RLUSD and asset tokenization, broadening the ledger’s use cases beyond payments.

With the bridge live and early decentralized applications (dApps) moving in, the XRP Ledger steps into the multichain era. The network aims to differentiate itself through speed, low costs, and a growing list of compliant rails, positioning itself as a competitive player in an increasingly crowded field. This development underscores the XRP Ledger’s commitment to innovation and its potential to become a leading platform for cross-chain DeFi and real-world asset tokenization.



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30 06, 2025

Backed’s xStocks Go Live Today on Bybit, Kraken, and Solana DeFi

By |2025-06-30T17:35:14+03:00June 30, 2025|News, NFT News|0 Comments


Backed, the pioneer issuer of tokenized stocks, today announced the official launch of xStocks, bringing over 60 tokenized stocks, including household names like Apple, Amazon, and Microsoft, to Bybit, Kraken, and the Solana blockchain over the course of the day. Following the announcement of xStocks last month, this groundbreaking launch marks a significant leap in making tokenized stocks accessible to everyday investors, usable in DeFi 24/7, at the speed of blockchain.

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has partnered with Backed, to list xStocks on its Spot platform. Bybit joins the xStocks Alliance, allowing its users to access tokenized equities and ETFs through the exchange’s trading interface, available 24/7. The integration enhances Bybit’s asset offerings and allows users to engage with global equity markets using the same tools they already use for digital assets. Bybit joins Kraken in listing these assets in numerous countries and territories across the world.

“At Bybit, we’re committed to bringing the best of both traditional and digital finance to our global community,” said Emily Bao, Head of Spot at Bybit. “By listing tokenized equities and ETFs, we’re not just adding new products—we’re empowering our users with greater choice, deeper flexibility, and more control, all within the secure and seamless Bybit experience. xStocks was the clear choice to help us deliver this unparalleled access.”

This listing follows the recent launch of Bybit TradFi, a unified trading interface that enables users to trade gold, forex, stock CFDs, indices, and commodities directly from the Bybit app. Together, Bybit TradFi and xStocks offer a varied and powerful toolkit to serve different trading preferences—from short-term speculation on global macro trends to long-term portfolio diversification via tokenized assets. Additionally, xStocks will be supported on Byreal, a newly announced hybrid DEX incubated by Bybit. Byreal will offer a hybrid model designed to merge decentralized execution with centralized liquidity.

xStocks are going live on Kraken today in over 185 countries and territories. This rollout aims to democratize investing by leveraging crypto innovation to break down traditional financial barriers. Kraken is initially listing over 55 tokenized assets directly in its Kraken app, enabling 24/5 trading and withdrawals to self-custodial wallets. This allows users to utilize xStocks onchain.

“With xStocks, we’re not launching a novelty. We’re unlocking something foundational,” said Arjun Sethi, Kraken’s co-CEO. “For the first time, people all over the world can own and use a share of a tokenized stock like they would use money. You can move it, hold it, spend it, or borrow against it. All from your wallet, with no intermediaries, no borders, and no delays.

This is not just about access to markets. It is about shifting power back to the individual. For decades, financial systems were designed around institutions. Slow, gated, and exclusive. We are changing that. xStocks gives anyone with a smartphone the ability to participate in global wealth creation, to save, invest, and build a better future. Not because they are accredited or privileged, but because they showed up.

The long arc of innovation bends toward openness. This is one step closer to making capital markets work for everyone, everywhere.”

xStocks represent the natural evolution of the crypto vision for a borderless, permissionless financial system. By tokenizing capital markets, Backed is accelerating the convergence of crypto and traditional finance, offering a diverse selection of equities from both emerging crypto firms and established blue-chip giants, all freely transferable and available onchain. This includes newly launched tickers like $CRCLx and well-known names such as $COINx, $MSTRx and $NVDAx.

“xStocks represent a monumental leap forward in democratizing access to financial markets,” said Adam Levi, co-founder of Backed. “By bringing familiar assets onto the blockchain with unprecedented accessibility, we are not just bridging traditional finance and DeFi; we are building the foundational blocks for a truly open, efficient, and inclusive global financial system where everyone can participate in wealth creation.”

To help advance tokenized equities, Chainlink is joining the xStocks Alliance as the official oracle infrastructure and developing xStocks Data Streams, a bespoke oracle solution that delivers high onchain data accuracy, sub-second price latency, and the ability to verify corporate actions in real time. xStocks is adopting the Chainlink interoperability and data standards, including the Cross-Chain Interoperability Protocol (CCIP), and Chainlink Proof of Reserve. With CCIP live on Solana, xStocks will be able to easily expand to other blockchains, staying true to their purpose as neutral assets.

The tokenization of equities redefines the relationship between individuals and financial markets, making tools previously exclusive to institutional investors available to retail users through DeFi applications. Beyond enhanced accessibility and transparency, xStocks lay the groundwork for an onchain financial system poised to surpass traditional finance. These assets, issued following a robust regulatory framework and backed 1:1 by the underlying equity, bring a new level of accessibility and transparency to traditional equity markets.

xStocks are DeFi-ready and seamlessly integrate with leading Solana protocols and wallets. Backed are happy to announce that Kamino, Raydium, and Jupiter, some of the leading DeFi protocols on Solana, have joined the xStocks Alliance. Additionally, Phantom, Jup Mobile and Solflare are supporting xStocks at launch.

Backed’s xStocks are rolling out later in the day within DeFi. xStocks will be available on Kamino Swap, and throughout the week, Kamino’s lending market, the largest on Solana, will have xStocks Markets allowing tokenized equities to be used as collateral, opening possibilities for diverse risk profiles from savvy investors to speculative risk-takers. Furthermore, Raydium, the largest DEX on Solana, will serve as the AMM liquidity hub for xStocks on the chain, enabling users to actively participate in providing liquidity and benefit from trading fees and incentives. xStocks will be available on, Jupiter, the largest DEX aggregator on Solana. Jupiter routes and executes capital-efficient trades, ensuring competitive pricing for tokenized stocks. Soon, xStocks will be integrated into Jupiter Lend, unlocking deep liquidity and capital-efficient borrowing.

“The world is racing towards a Global Unified Market, where all assets, liquidity, and traders are onchain, 24/7.  We’re thrilled to be working with xStocks to bring this vision to life and ensure that all people, everywhere, can trade these exciting assets with ease.” said Kash Dhanda, Jupiter’s COO.

This launch reinforces xStocks’ role as a neutral, public-good asset class, committed to being available on a wide range of exchanges and blockchain ecosystems through trusted applications. The xStocks Alliance, a coalition uniting top exchanges, chains, DeFi protocols, and TradFi infrastructure, including Backed, Kraken, Bybit, Solana, AlchemyPay, Chainlink, Kamino, Raydium and Jupiter, are dedicated to building an open, liquid market for real-world assets onchain, advancing ideals of neutrality, transparency, and accessibility across all of finance. The cohort of exchanges, apps and protocols listing xStocks will continue to grow.





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29 06, 2025

Polygon’s USDC Activity Surges 50% Driving DeFi Adoption

By |2025-06-29T21:21:23+03:00June 29, 2025|News, NFT News|0 Comments


Polygon has emerged as a leader in the growth of active users for USDC, a prominent stablecoin. This development underscores the increasing adoption of Polygon’s network and its collaboration with Circle, which has enhanced the stability of the stablecoin ecosystem. The surge in Polygon’s activity reflects a significant shift in user preferences, drawing attention to its growing influence within the crypto landscape. This rise may also impact other blockchain ecosystems, as users and developers increasingly turn to Polygon for its scalability and cost efficiency.

Polygon’s growing integration with USDC has captured a substantial portion of the stablecoin’s activity. This trend highlights the network’s ability to attract users seeking reliable and efficient blockchain solutions. The increase in Polygon’s activity represents a notable advancement in blockchain scalability, as evidenced by a surge in its total value locked (TVL) metrics. This robust network engagement indicates that Polygon is becoming a preferred option for users and developers alike, potentially influencing the broader crypto market.

The broader trends in decentralized finance (DeFi) adoption are also reflected in the increased user activity on Polygon’s network. As Polygon’s ecosystem expands, it signals potential shifts in the use of stablecoins across various blockchain platforms. This growth in user activity may drive increased interest from developers and investors seeking cost-efficient solutions, further stabilizing Ethereum’s network congestion. Historical trends suggest that Polygon’s user growth could alleviate some of the pressure on Ethereum’s network, making it a more attractive option for those looking to avoid high transaction fees and congestion.

Polygon’s growing traction with Circle’s USDC could have broader financial implications. The trends observed underscore the potential for long-term shifts in digital asset management across crypto markets. Polygon’s role in advancing stablecoin technology may also influence future regulatory considerations, as policymakers grapple with the evolving landscape of digital currencies. The collaboration between Polygon and Circle highlights the importance of stablecoins in the broader crypto ecosystem and their potential to drive innovation and adoption in the digital asset space.



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29 06, 2025

$5 Million Closed For Launching Web3 Game On Telegram

By |2025-06-29T19:20:26+03:00June 29, 2025|News, NFT News|0 Comments


Spekter Games, a next-gen game publisher dedicated to building roguelite mobile games with seamless Web3 incentives, announced a $5 million pre-seed funding round and launched its first title, Spekter Agency. The funding round saw participation from prominent investment firms, including a16z speedrun, London Venture Partners, BRV Capital, Chamaeleon, Accelerator Ventures, Impact46, Versus Ventures, and Alumni Ventures.

This funding coincides with today’s official launch of Spekter Games’ first title Spekter Agency, a rogue-lite action game debuting on Telegram. Inspired by breakout hits like Vampire Survivors, Spekter Agency offers addictive, arcade-style gameplay tailored for mainstream audiences, planning to integrate passive blockchain rewards without the complexity associated with Web3 gaming.

Utilizing Telegram’s massive platform of over 1 billion monthly active users, Spekter Agency runs on Telegram’s Mini Apps infrastructure, enabling frictionless onboarding and instant, native gameplay. And Telegram’s built-in wallet capabilities can simplify crypto transactions, drastically reducing the barriers traditionally associated with blockchain gaming and opening it up to a wider audience.

Company founder: Spekter Games was created by industry veteran and serial entrepreneur Taehoon Kim (TK), who brings over 20 years of experience in the gaming industry with multiple exited startups. At his previous company, nWay, TK led the development of real-time, cross-play multiplayer hits like Power Rangers: Legacy Wars and Battle for the Grid, amassing 100+ million downloads. nWay was acquired by Animoca Brands, where TK stayed on to lead Web3 gaming initiative in collaboration with partners like Yuga Labs and Dapper Labs. TK and the Spekter team bring deep expertise in both Web2 and Web3 game development, uniquely positioning them to build games that seamlessly bridge both worlds for mainstream adoption.

How the funding will be used: The funding raised will enable Spekter Games to scale Spekter Agency across additional platforms, including other chat-based super apps and traditional mobile stores like the App Store and Google Play. Plus, the capital will support the ongoing development of the publisher’s second game, already underway.

KEY QUOTES:

“We’re building games that people love for the gameplay, not just the rewards. Web3 incentives can supercharge retention and virality, but they should never get in the way of the fun. By keeping these systems passive and behind the scenes, we’re showing that it’s possible to bring Web3-enhanced games to the mainstream without compromising gameplay.”

Taehoon Kim (TK), CEO and founder of Spekter Games

“We believe there is a real opportunity to improve the early tap-to-earn games on Telegram with deep mechanics that resonate with real gamers. We’re thrilled to back TK and his seasoned team as they push the boundaries of what’s possible in gaming on chat-based super apps.”

Robin Guo, investment partner at a16z speedrun



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29 06, 2025

SEI Surges 70% in Two Weeks on DeFi Growth and Ecosystem Activity XRP Rises 9-12% to $2.20 Amid Bullish Market Sentiment and Technical Indicators BlockDAG Offers 100 Million Airdrop with Engagement-Based Rewards

By |2025-06-29T09:15:25+03:00June 29, 2025|News, NFT News|0 Comments


SEI has experienced a significant surge, with its price jumping over 70% in less than two weeks. This rally is attributed to a sharp increase in total value locked (TVL) and wallet activity within its ecosystem. The token broke past key resistance levels, including the $0.27 mark and its 200-day exponential moving average (EMA), indicating strong bullish sentiment. The trading volume has surged, and technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are showing high levels, although some short-term risk remains.

SEI’s decentralized finance (DeFi) ecosystem has also seen rapid growth, with TVL rising 25% in one day to surpass $535 million. The number of active wallet addresses has reached over 8.1 million, placing SEI just below Base among Ethereum Virtual Machine (EVM) chains. This momentum was further driven by SEI’s mention in the Wyoming Stable Token Commission’s pilot for Weiss stablecoin and anticipation around the “Giga” upgrade, which aims for over 5 Gbps speed and sub-400 ms finality. Additionally, SEI attracted over $3 million in net inflows, while competitors like Solana saw outflows, adding credibility to the SEI price rally.

XRP has also seen a notable price update, rising 9–12% to top $2.20. This bullish move is supported by broader market conditions and specific developments, such as co-founder Arthur Britto reappearing in the news, which added to the buying pressure. The token is now sitting around $2.18–$2.22 after breaking through resistance at $2.10. Bullish patterns on technical indicators like MACD and Parabolic SAR support the trend. However, on-chain activity shows caution, with large wallets offloading nearly $68 million in XRP daily, suggesting potential correction zones between $1.35 and $1.60 if profit-taking increases.

Despite the caution, the supply side could remain stable with Ripple’s July 1 escrow unlock expected to re-lock much of its 1 billion XRP. Short-term targets are set at $2.48, with some experts even projecting $5–7 by year-end. For now, the XRP price update signals a healthy recovery backed by improving sentiment.

While SEI and XRP are gaining momentum, BlockDAG is offering a unique opportunity with its 100 million airdrop. Instead of just holding, BlockDAG invites users to earn through engagement. Its live 100 million airdrop encourages users to engage through quests, run testnet nodes, use tools, and refer new participants. From mining to sharing content, each action helps grow the network. Top 100 contributors earn large rewards, with the highest getting 10.1 million BDAG. This is more than a giveaway; it’s a structured reward system that makes BlockDAG a strong contender for the best crypto right now.

BlockDAG’s airdrop is not a traditional one. Instead of passively claiming rewards, participants actively test tools, run nodes, refer friends, and create content. Tasks fall into four areas: Testnet, Social, Referral, and Presale. Every three months, the leaderboard resets, giving everyone another chance to win. Top 100 users receive part of the 100M BDAG airdrop, with the #1 spot earning 10.1M. This hands-on setup helps position BlockDAG as one of the best crypto projects available now.

Currently in Batch 29, BDAG is selling at $0.0080. As part of the GLOBAL LAUNCH release, three BDAG purchases at $0.0080 are available, with $0.0017 unlocked for every additional BDAG purchase until August 11. Over 23.3 billion coins have been sold, raising $325 million. The presale will close after 45 batches or $600 million is raised. With a $0.05 target listing price, that’s up to 17x ROI from today’s rate. The network already includes more than 2 million mobile miners on the X1 miner app, with 18,200 hardware mining devices sold, and is set to start deliveries in July. Exchange listings on various platforms are planned. If you want a project that pays for your time and input, BlockDAG stands out among the best crypto right now.



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28 06, 2025

Ethereum’s Resilience: Institutional Adoption, Staking Milestones, and DeFi Dominance Propel Growth

By |2025-06-28T09:02:18+03:00June 28, 2025|News, NFT News|0 Comments


Ethereum News Today: Price Analysis, Upgrades, and Market Trends

Ethereum Price Analysis: Key Resistance Levels and Market Trends

Ethereum’s price has been navigating critical resistance levels, with recent highs reaching $2,833 and consolidating above $2,700. This price movement reflects strong bullish sentiment, driven by both technical indicators and macroeconomic factors.

Key resistance zones identified by analysts could determine Ethereum’s next trajectory. The breakout above the 50-day moving average and the formation of ascending triangle patterns suggest potential upward momentum. However, traders are closely monitoring these levels for signs of consolidation or retracement.

Institutional Adoption and Investment Inflows

Institutional adoption continues to be a major driver of Ethereum’s price surge. BlackRock’s iShares Ethereum Trust recently recorded 23 consecutive trading days without outflows, signaling sustained interest from institutional investors. Additionally, Ethereum-based investment products have seen net inflows of $295.4 million in the past week, contributing to a seven-week total of $1.5 billion.

This influx of capital underscores growing confidence in Ethereum as a long-term asset, further solidifying its position as a leading blockchain platform.

The Pectra Upgrade: Transforming Ethereum’s Ecosystem

The Pectra upgrade, introduced in May 2025, has brought significant improvements to Ethereum’s ecosystem. Key enhancements include:

  • Higher validator staking limits

  • Improved transaction efficiency

  • Gas fee payments using stablecoins

These upgrades have bolstered Ethereum’s scalability and enhanced its appeal to developers and users. The stablecoin gas payment feature, in particular, has reduced transaction costs, making Ethereum more accessible for everyday use.

Staking Milestones and Supply Reduction

Staked Ethereum has reached a record 34.65 million tokens, locking up approximately 28.7% of the total supply. This substantial staking activity has created upward price pressure by reducing the circulating supply.

The staking mechanism incentivizes long-term holding, further stabilizing the market. As more investors participate in staking, Ethereum’s network security and decentralization continue to strengthen.

Technical Analysis: Indicators and Price Predictions

Technical indicators are painting a bullish picture for Ethereum. The breakout above the 50-day moving average and the formation of ascending triangle patterns are key signals of potential upward momentum. Analysts are also leveraging Fibonacci retracement levels to identify support and resistance zones.

While price prediction models remain speculative, the current technical setup suggests that Ethereum could test higher resistance levels in the near term.

Ethereum’s Dominance in DeFi and Real-World Asset Tokenization

Ethereum continues to dominate the decentralized finance (DeFi) space, holding 61% of the total value locked (TVL) with approximately $66 billion. This dominance is driven by Ethereum’s robust ecosystem and its ability to support real-world asset tokenization.

From tokenized real estate to supply chain assets, Ethereum is enabling new use cases that bridge traditional finance with blockchain technology. This growing adoption further solidifies Ethereum’s position as the leading platform for DeFi innovation.

Layer 2 Scaling Solutions: Enhancing Network Efficiency

Ethereum’s Layer 2 scaling solutions, such as the Base network, have significantly improved network congestion and transaction fees. These solutions enable faster and cheaper transactions, making Ethereum more competitive against other Layer 1 blockchains.

By addressing scalability challenges, Layer 2 networks are paving the way for broader adoption and increased utility of Ethereum.

Regulatory Developments: Boosting Institutional Confidence

Regulatory clarity has played a pivotal role in bolstering institutional confidence in Ethereum. Recent statements from the SEC regarding staking and wallet software development have provided a clearer framework for compliance.

This regulatory progress has reduced uncertainty and encouraged more institutional players to enter the Ethereum ecosystem. However, ongoing developments in global regulations will continue to shape Ethereum’s trajectory.

Corporate Adoption: Ethereum as a Treasury Asset

SharpLink Gaming’s decision to increase its Ethereum treasury holdings to 188,478 ETH highlights the growing corporate interest in Ethereum as a strategic asset. This move reflects a broader trend of companies leveraging Ethereum for its staking rewards and long-term growth potential.

As more corporations adopt Ethereum, its role as a treasury asset is likely to expand, further driving demand.

Market Sentiment and Macroeconomic Factors

Market sentiment around Ethereum remains optimistic, fueled by institutional adoption, staking milestones, and DeFi dominance. However, macroeconomic factors such as inflation, interest rates, and global economic stability continue to influence Ethereum’s price dynamics.

While Ethereum has demonstrated resilience, traders and investors should remain vigilant about potential risks, including over-leveraged market conditions and competition from emerging Layer 1 blockchains.

Conclusion

Ethereum’s recent developments, from institutional adoption to staking milestones and Layer 2 scaling solutions, underscore its resilience and upward potential. As the ecosystem continues to evolve, Ethereum is well-positioned to maintain its dominance in DeFi and expand its use cases in real-world asset tokenization.

While challenges remain, the combination of technical advancements, regulatory clarity, and corporate adoption paints a promising picture for Ethereum’s future.



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27 06, 2025

Moonveil Launches $MORE Token for Web3 Gaming on Binance

By |2025-06-27T16:53:51+03:00June 27, 2025|News, NFT News|0 Comments


$MORE Is Here: Moonveil’s Game-Changing Token Debuts on Binance

The Web 3 gaming landscape is gearing up for a major shift as Moonveil. A layer 2 gaming focused blockchain, officially announces the launch of its native token $MORE. 

It was scheduled for today i.e June 27, 2025 at 12 PM UTC. It is a highly anticipated Token Generation Event(TGE) that marks a major milestone for Moonveil.  

This layer 2 blockchain prepares to unlock new dimensions of immersive, interoperable and on-chain gaming experiences. 

The $MORE token is designed to bring the exact things its name suggests i.e more value , utility and more access to the future blockchain gaming. 

Source: X

What is $MORE and why should you care?

$MORE token is far more than just another crypto asset, it is like the lifeblood of Moonveil’s Web3 gaming universe . 

It is designed to enhance everything from transaction efficiency to gameplay incentives, $MORE empowers both gamers and traders. 

The founder of Moonveil MJ described the token as “an economic layer that aligns incentives and promotes real value through on-chain interactions. 

In an easier way it is built to unify the gaming experience. 

Binance Alpha to lead the launch with exclusive $MORE Airdrop

Moonveil has chosen Binance as its first platform to feature $MORE with trading is live today from 12.00PM UTC. in an exciting move for early adopters, Binance will also host a special Alpha Airdrop event which is offering eligible users 400 $MORE tokens through the Binance Alpha page. 

This airdrop is designed to reward active Binance community members-

  • Users with 170 or more Binance Alpha Points can claim the airdrop on a first-come, first-served basis 

  • Each claim will consume 15 Alpha points.

  • The claim window lasts 24 hours from the launch time 

  • Users who don’t confirm their claim in time will forfeit their airdrop

Source: x

This limited time promotion is expected to generate significant buzz and rapid participation, encouraging games and traders alike to engage early. 

Major exchange listings confirmed

Accessibility is the key for any token and Moonveil has delivered it completely. After Moonveil’s exclusive debut on Binance Alpha, $MORE is listed across top centralized exchanges including- Gate.io, MEXC,  Bitget, KuCoin, Beingx, LBank etc. 

These listings ensure that $MORE will be available to a global audience of gamers and investors by removing typical barriers that often plague new tokens. 

Moonveil Tokenomics

The tokenomics of Moonveil’s native token, $MORE reveals a well balanced distribution strategy designed to support long-term growth, decentralization and development. The details are broken down in the below provided pie chart-

 

Source: Coin Gabbar 

  • Private Investors- 21.6%.

  • Liquidity and Marketing – 5% 

  • Team- 14.9% 

  •  Airdrop- 6% 

  • Advisors- 3.5%

  • Ecosystem- 29% 

  • Node owner allocation- 20% 

Community driven growth and adoption

Moonveil’s success is not just technical but it’s social. With over 1 million players already on board through its loyalty programs and regional campaigns, the ecosystem is expanding its footprint in North America, Southeast Asia and beyond. 

The introduction of $MORE is expected to supercharge the momentum, rewarding loyal users, empowering developers and opening doors to brand partnerships and eSports collaboration. 

Conclusion: A token that offers more than just value. 

The launch of Moonveil’s $MORE today marks a major leap in Web3 gaming . With key exchange listings, a Binance Alpha Airdrop and a strong ecosystem already in place , $MORE is set to power a seamless, rewarding gaming experience for users worldwide.


Also read:
Hrum Quote of the Day 27 June 2025: Reward 150 Coins



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