Author: Blockto Team

SharpLink and DeFi Development Corp outline vision for digital asset treasuries At Korea Blockchain Week 2025, SharpLink Gaming CEO Joseph Chalom described on-chain settlement as the “greatest risk reduction” in the history of financial services, emphasizing blockchain’s potential to transform global markets. Alongside DeFi Development Corp’s Dan Kang, both executives highlighted how digital asset treasuries (DATs) could reshape institutional finance. Moving Beyond Crypto’s Market Cap Chalom, a former BlackRock executive, explained that SharpLink’s long-term goal goes far beyond crypto’s $4 trillion market. Instead, the company is targeting the $700 trillion traditional finance market that could migrate to decentralized networks. “Are…

Institutional adoption and AI integration spark debate on Ether’s future Ethereum has entered a new chapter, with bullish investors predicting the possibility of a “supercycle” that could push the asset beyond its traditional four-year cycle. While the second-largest cryptocurrency by market cap has surged more than 100% in the past six months, not all of Wall Street is convinced that this momentum will last. Wall Street Meets Ethereum According to major corporate holders of Ether, the first catalyst for a potential supercycle is growing Wall Street adoption of blockchain technology. Financial institutions are increasingly integrating digital asset products, from ETFs…

Legislative delays push Europe’s CBDC roadmap further into the future The digital euro, Europe’s long-planned central bank digital currency (CBDC), is now unlikely to launch before mid-2029, according to European Central Bank (ECB) Executive Board member Piero Cipollone. Speaking at the Bloomberg Future of Finance event in Frankfurt, Cipollone said, “The middle of 2029 could be a fair assessment,” emphasizing that ongoing discussions among EU member states remain essential before progress can be made. Legislative bottlenecks in Parliament The ECB official stressed that the European Parliament remains the main hurdle to launching the digital euro, since legislation must be passed…

Multisignature wallet breach triggers massive token minting and $30M+ losses Decentralized finance (DeFi) platform UXLink suffered a major exploit this week, after attackers gained control of its multisignature wallet and minted billions of unauthorized tokens. The incident caused the price of its native asset to collapse by more than 90%, raising questions about centralization risks in supposedly decentralized ecosystems. How the exploit unfolded According to blockchain security firms, the attackers exploited a delegate call vulnerability in UXLink’s multisignature wallet. This flaw allowed them to assume administrative control of the smart contract and mint nearly 10 trillion tokens. The token’s price…

SOL/USD struggles after rejection near $245 resistance Solana (SOL) has entered a decisive phase, with price action pulling back from the $245 zone after a strong rally earlier this month. The token is currently trading near $210, where buyers are attempting to defend a critical support level that could dictate short-term momentum. The daily chart shows that $210–$200 acts as immediate support, a zone where buyers previously stepped in during August. Holding this level could allow Solana to consolidate before making another attempt higher. If broken, the next strong support sits near $165–$155, followed by a broader demand area around…

New DeFi player sees explosive growth in trading volumes and TVL Aster, a decentralized perpetuals exchange built on BNB Chain, has shaken up the DeFi landscape with a meteoric rise in both open interest and trading activity, surpassing established rival Hyperliquid in daily volumes. Open interest explodes 33,500% in one week According to CoinGlass data, Aster’s open interest jumped from $3.72 million last Friday to $1.25 billion by Wednesday, representing a staggering 33,500% increase in less than seven days. Open interest, which measures the total number of unsettled contracts, is a key gauge of market conviction. “This level of growth…

Exchange commits funding as U.S. debates digital asset laws Kraken has pledged $2 million to political advocacy groups in what its leadership calls the ongoing “fight for crypto” in the United States. The move underscores how exchanges and industry players are stepping up political involvement as lawmakers debate the future of digital assets. Funding to defend crypto rights Co-CEO Arjun Sethi announced that Kraken will contribute $1 million to the Freedom Fund PAC and an additional $1 million to America First Digital in 2025. Sethi described the donations as necessary to protect self-custody, privacy, and decentralized access, which he warned…

Ethereum co-founder warns closed systems risk monopolies and public mistrust Ethereum co-founder Vitalik Buterin has called for building open-source, verifiable infrastructure across healthcare, finance, and governance, warning that reliance on closed systems increases risks of abuse, inefficiency, and monopolization. The dangers of closed infrastructure In a recent blog post, Buterin argued that as digital technology becomes deeply embedded in daily life, society must choose between centralized, opaque systems and open, verifiable alternatives. “The civilizations that gained the most from new waves of technology are not the ones who consumed the technology, but the ones who produced it,” he wrote, adding…

Stablecoin giant said to be in talks to raise up to $20 billion in equity financing Tether, the world’s largest stablecoin issuer, is reportedly seeking a valuation of around $500 billion in a new fundraising round that could cement its place among the most valuable private companies globally. Talks with investors for multi-billion raise According to sources cited in a Bloomberg report, Tether is in discussions with investors to raise between $15 billion and $20 billion for roughly 3% of the company. If successful, the transaction would rank Tether alongside tech giants such as OpenAI and SpaceX in terms of…

Dog Token (DOG) is trading in a fragile position as it tests a critical support zone near $0.0020, a level that has historically attracted strong buying interest. The token, which recently slipped from highs above $0.0050, is now attempting to hold steady as market volume surged past 234 million in the latest session. On the daily chart, DOG has been in a prolonged downtrend, breaking through several resistance levels before stabilizing in the highlighted orange support area. The current structure shows that while sellers maintain pressure, buyers are still defending the $0.0020 mark, preventing further breakdown for now. According to BITX …