Tag: Drivechains

The EU's 20th round of sanctions on Russia completely bans transactions with Russian crypto service providers and restricts the digital ruble and stablecoins.

Bitcoin has fallen 42% from its all-time high. Analysts view this as a healthy market correction, with capital rotating into undervalued sectors.

Kevin Warsh's probability of succeeding as Fed Chair surges to 97%, pushing Bitcoin's target toward $90,000 as market expects policy shift to boost crypto markets.

Vitalik Buterin stated at the ETH Hong Kong event that Ethereum L1 needs to achieve 1000x scaling, L2 should not replicate L1 functions, and warned that AI could autonomously discover client DoS vulnerabilities within 2-3 years.

CertiK and five other institutions will host an invitation-only closed-door sunset event on May 5, 2026, at Miami Beach, focusing on blockchain security and Web3 applications, with a core session of roundtable discussions.

Wall Street giants such as Citigroup and JPMorgan are collectively bullish on Bitcoin, with a target price of up to $200,000, and have launched crypto services including custody and trading, marking a significant shift in attitude from before.

Strategy's preferred stock STRC trades below par value, but Saturn still adds $18 million in investment; Michael Saylor hints at purchasing more Bitcoin. Strategy currently holds over 815,000 BTC, with critics calling STRC a Ponzi scheme.

NDRC prohibits foreign acquisition of Manus project; Iran proposes a three-stage negotiation plan, not participating in nuclear talks until the first two stages are reached.

CCTV exposes a new method of gold adulteration: using the metal rhenium (with a density similar to gold and a price of only tens of yuan per gram) mixed into gold jewelry. Traditional methods such as fire testing, weighing, and ordinary spectrometers are difficult to detect. Similar cases have emerged in multiple locations, with the amount involved exceeding 800,000 yuan.

A report from a16z shows that stablecoins are evolving from trading tools into the core of global financial infrastructure, with Asia accounting for nearly two-thirds of the market. Regulatory clarity and the explosion of commercial payment scenarios are the main driving forces.

Kraken's parent company's $20 billion valuation only reflects its exchange identity, without accounting for the option value of its clearing capabilities, banking license, and tokenized securities infrastructure, with analysts seeing significant upside potential.

Prediction market platform Polymarket, due to business growth exceeding Polygon's capacity, is planning to migrate to other public chains. This move has sparked competition among multiple public chains including Sui and Solana, and could potentially lead to Polygon losing over 60% of its transaction fee revenue.