BYDFi, a cryptocurrency exchange, is now an official sponsor of TOKEN2049 Dubai. The announcement also highlights the Middle East debut of MoonX, an on-chain trading tool. This strategic partnership aims to increase the visibility of both BYDFi and MoonX within the growing cryptocurrency market in Dubai and the broader Middle East region, furthering the adoption of blockchain technology and digital assets.
BTSE Enterprise Solutions is launching a Broker API hackathon in Dubai. The event aims to foster innovation and development in the cryptocurrency space, focusing on solutions for brokers and financial institutions. Participants will compete to build applications leveraging BTSE’s new Broker API, contributing to the advancement of blockchain technology within the financial sector. The hackathon seeks to create new opportunities within digital assets.
FSL has introduced GMT Pay, a new service designed to seamlessly integrate Web3 earnings with traditional payment systems. Based in Sydney, Australia, FSL’s GMT Pay aims to bridge the gap between digital asset rewards and everyday spending, allowing users to access their crypto earnings in the real world. This initiative focuses on simplifying the process of converting digital assets into usable funds, offering a practical solution for those earning within the Web3 ecosystem.
Monero (XMR) experienced a significant price increase, reaching a four-year high, following a reported large-scale Bitcoin (BTC) theft. A blockchain analyst revealed a suspicious transfer of 3,520 BTC, valued at approximately $330.7 million. The article suggests a possible link between the privacy-focused Monero and the alleged illicit activity, driving up its price by 22%. This surge highlights the role of privacy coins in the crypto ecosystem and their potential use in transactions seeking anonymity.
Cryptocurrency exchange Bitget is taking legal action against eight users who allegedly profited over $20 million by exploiting a trading glitch related to the VOXEL token. According to Bitget, these users formed a coordinated group to take advantage of a system vulnerability. The exchange aims to recover the funds gained through the exploit. The specific details of the legal action and the vulnerability exploited remain unclear.
This article highlights four promising Initial Coin Offerings (ICOs) expected to perform well in 2025. It suggests that early investment in these projects, including BlockDAG (BDAG), Web3 ai (WAI), and Cold Wallet (CWT), could yield significant returns. The article emphasizes the urgency to invest early as major investors are already showing interest.
Bitcoin’s availability on centralized exchanges has fallen to its lowest level since 2019, with only approximately 2.5 million BTC remaining as of late April 2025. This represents a significant decrease of 500,000 coins since the end of 2024, indicating a trend toward users storing their Bitcoin in self-custody wallets rather than leaving it on exchanges.
KRNL Labs is developing kOS, a product aiming to redefine execution sharding in the blockchain space. Execution sharding involves dividing smart contract execution into smaller, more efficient pieces. This approach enhances performance and scalability by breaking down network activity into more manageable parts, addressing key challenges in blockchain technology. The article highlights KRNL’s innovative approach to this crucial aspect of blockchain development.
A U.S. Senator has criticized a dinner hosted by a prominent figure for top holders of a meme coin, alleging it constitutes a potential breach of ethical conduct. The senator argued that the invitation to individuals who profit from the meme coin, which directly benefits the host, raises concerns about conflicts of interest. This situation is portrayed as an example of questionable behavior.
This article, penned by Abdul Rafay Gadit, explores the significant illiquidity within the massive global real estate market, valued in the hundreds of trillions of dollars. It argues that tokenizing real-world assets (RWAs) is no longer an option, but a necessity to unlock liquidity within this traditionally slow market. The piece suggests RWAs can revolutionize real estate, making it more accessible and efficient for investors.