Solana Dominates Monthly Active Addresses Across All Chains In a major milestone for the blockchain industry, Solana (SOL) has matched the combined monthly active users of all other Layer 1 and Layer 2 blockchains in June 2025, according to the latest blockchain analytics. This achievement highlights Solana’s increasing dominance in user activity and developer adoption, setting it apart as one of the most active smart contract platforms globally. Solana equaled the total monthly active addresses of all other L1 and L2 chains combined in June, a sign of exponential user growth and real-world utility. Record-Setting $271 Million in Network Revenue…
Author: Blockto Team
Regulatory Green Light for QCD Money Market Fund In a landmark move for digital finance, the Dubai Financial Services Authority (DFSA) has approved the QCD Money Market Fund, the first tokenized money market fund in the Dubai International Financial Centre (DIFC). This milestone positions Dubai at the forefront of regulated tokenized real-world asset (RWA) adoption in the Middle East. The fund is backed by Qatar National Bank and DMZ Finance, combining traditional finance leadership with cutting-edge tokenization infrastructure. Bridging Traditional Finance and Blockchain The QCDT fund aims to bring traditional assets like U.S. Treasuries on-chain, serving a wide range of…
Major Cryptocurrency Scam Targets U.S. Political Donor A Nigerian-based cybercriminal has reportedly stolen $250,000 in cryptocurrency from a U.S. political donor by impersonating Steve Witkoff, a well-known associate of former President Donald Trump. The scammer used a spoofed email address to deceive the victim into believing they were contributing to a legitimate political cause. Spoofed Identity Behind Crypto Theft According to official reports, the scammer created an email address that closely matched a real one linked to the Trump-Vance Inaugural Committee. Using this fake identity, the attacker successfully convinced the donor to send $250,000 worth of USDT on the Ethereum…
Cosmos (ATOM) is showing signs of a potential trend reversal after breaking through a crucial resistance level, supported by a sharp increase in trading volume. In the last 24 hours, the token rose 1.23% from $4.05 to $4.10, signaling renewed buying interest and strengthening bullish sentiment. Volume Surge Signals Breakout Confirmation The breakout began on July 6 at 21:00, when trading volume surged to over 1 million units, nearly three times the hourly average. This sudden inflow of activity pushed the price above the $4.10 resistance level, which had previously capped upside attempts. Throughout the 24-hour window ending on July…
Bit Digital, a Nasdaq-listed crypto mining and staking company (ticker: BTBT), has officially shifted its entire digital asset treasury from Bitcoin to Ethereum, signaling a major shift in corporate crypto strategy. The firm now holds over 100,000 ETH, positioning itself among the largest public Ethereum holders globally. Why Bit Digital Chose Ethereum Over Bitcoin Bit Digital’s strategic pivot comes amid rising interest in Ethereum’s ecosystem. The company sold 280 BTC, currently valued at more than $30 million, and injected an additional $173 million raised from a recent equity offering to fund its ETH purchases. As a result, the company’s ETH…
The U.S. Securities and Exchange Commission (SEC) is accelerating its review process for spot Solana ETFs, signaling a potential approval well before the final deadline of October 10, 2025. According to multiple sources familiar with the matter, the SEC has asked issuers to submit amended S-1 filings by the end of July, suggesting a faster-than-expected regulatory pathway for Solana-based exchange-traded funds. SEC Urges Early Filings Ahead of October Deadline While the final decision deadline is technically set for October 10, the SEC’s recent communications imply that the agency may approve one or more Solana ETFs ahead of schedule. Issuers have…
A high-stakes controversy has erupted on Polymarket, the decentralized prediction platform, over an unusual but serious question: Did Ukrainian President Volodymyr Zelenskyy wear a suit before July 2025? With over $160 million in crypto wagers hanging in the balance, the dispute has triggered widespread criticism of UMA, the oracle protocol responsible for verifying real-world events in Polymarket’s prediction markets. The $160M Suit Controversy: What Happened? The market in question asked whether Zelenskyy would appear in a suit before July 2025. Initially, the outcome was resolved as “yes,” based on his June 24 appearance at the NATO summit, where multiple images…
PEPE, one of the top-performing memecoins in recent months, is currently facing resistance at its 100-day simple moving average (SMA). Despite a brief rally that pushed the price to $0.00001009, PEPE failed to hold above this key level and has since retraced to $0.00000992. The price rejection reflects ongoing sell pressure from large holders and weak short-term momentum. Whale Transfers Signal Selling Activity On-chain data shows a clear trend of high-volume PEPE transfers to exchanges, suggesting that whales are likely distributing holdings. One significant transaction involved a transfer of 500 billion PEPE worth approximately $3.85 million to Binance. This comes…
Plume Network, the pioneering full-stack ecosystem for real-world asset finance (RWAfi), has announced a strategic integration with TRON Network through its innovative protocol, SkyLink. This collaboration unlocks cross-chain access to institutional-grade real-world yield for one of the most widely used blockchain ecosystems globally. TRON Users Now Access Tokenized Treasuries and Private Credit The integration brings asset-backed yield products like tokenized U.S. Treasuries, private credit, and other regulated financial instruments directly to users on TRON. Known for its high stablecoin volume and low-cost transactions, TRON’s infrastructure is now equipped to support native yield generation via real-world assets. “TRON is one of…
In a major strategic move, CoreWeave, a cloud and AI infrastructure company, has announced its acquisition of Core Scientific, a leading crypto mining data center operator, in an all-stock deal valued at approximately $9 billion. Core Scientific Valued at $20.40 Per Share in All-Stock Transaction The acquisition terms reveal that each Core Scientific (CORZ) share will be exchanged for 0.1235 shares of CoreWeave, translating to a valuation of $20.40 per CORZ share. This represents a 66% premium over Core Scientific’s market price as of late June 2025. This generous valuation indicates strong confidence in Core Scientific’s infrastructure and long-term strategic…