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Liechtenstein Launches State-Backed Blockchain Network LTIN

Liechtenstein has launched the world’s first state-backed blockchain infrastructure network designed specifically for institutional compliance. The Liechtenstein Trust Integrity Network (LTIN) operates under the country’s Blockchain Act with full EU MiCAR alignment, providing secure blockchain services to enterprises globally. This public-private partnership represents a significant advancement in regulated blockchain adoption, combining state-backed reliability with institutional-grade security for corporations, financial institutions, and government entities seeking compliant digital infrastructure.

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Ethereum Whales Boost Holdings 14% Amid ETF Inflows

Major Ethereum investors have dramatically increased their holdings, with whales accumulating 14% more ETH over the past five months according to Santiment data. This accumulation coincides with Ethereum outperforming Bitcoin with 132% returns versus BTC’s 34%, supported by $9.9 billion in netflows to the Ethereum chain and $6.7 billion in stablecoin inflows. Institutional interest is driving the momentum, with Ethereum ETFs seeing $3.87 billion in August inflows compared to Bitcoin’s outflows. Experts attribute the bullish outlook to Ethereum’s maturity, DeFi ecosystem strength, and positive regulatory positioning, though short-term macroeconomic concerns have recently caused ETF outflows. Fundstrat’s Tom Lee suggests Ethereum’s four-year consolidation base could trigger significant upside potential based on Wyckoff methodology.

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Zilliqa 2.0 Launches with EVM Support & Modular Design

Zilliqa has transitioned to its 2.0 version, marking a major protocol overhaul with full EVM compatibility, enabling Ethereum-based applications to run on its network. The upgrade introduces a modular six-pillar architecture, including Proof-of-Stake consensus, customizable x-shards, cross-chain communication, and revised tokenomics for sustainability. Interim CEO Alexander Zahnd emphasized Zilliqa 2.0’s focus on trust, transparency, and technical excellence, positioning it as both institution-ready and developer-friendly. The network’s roadmap includes smart accounts and zero-knowledge features for compliance use cases. Following a six-month test phase (Aventurine), Zilliqa 2.0 now supports tokenized assets, regulated DeFi, digital identity, and fintech infrastructure. Staking improvements aim to attract early adopters, with initial integrations like LTIN and deBridge’s USDC support. ZIL traded at $0.0107 post-launch.

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Bitget & UNICEF Boost STEM Skills for Girls in 8 Nations

Bitget has teamed up with UNICEF Luxembourg in a three-year partnership to advance STEM and blockchain literacy among young people, particularly girls, in eight countries: Armenia, Brazil, Cambodia, India, Kazakhstan, Malaysia, Morocco, and South Africa. The initiative, under UNICEF’s Game Changers Coalition, targets 300,000 participants, including students, parents, and educators, with the broader goal of empowering 1.1 million girls by 2027. Bitget’s $10 million Blockchain4Her program further supports this mission by providing mentorship, funding, and educational resources to promote women’s digital and financial inclusion. The collaboration aligns with global efforts to close the gender gap in tech and blockchain industries.

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Crypto Funds See $1.9B Inflows as Bitcoin, Ethereum Rally

Digital asset funds attracted $1.9 billion in inflows last week, extending a nine-week streak to $12.9 billion cumulatively, per CoinShares. Bitcoin rebounded with $1.3 billion in inflows, reversing prior outflows, while Ethereum saw $583 million—its highest weekly inflow since February. XRP and Sui also gained traction. Western markets, led by the U.S., drove growth, while Asia and South America saw outflows. Investors appear to prioritize crypto’s long-term value over Middle East tensions, with institutional confidence remaining strong.

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Brazil Enforces 17.5% Flat Tax on All Crypto Gains

Brazil has scrapped its tax exemption for small-scale crypto traders, replacing it with a flat 17.5% capital gains tax on all digital asset profits, including self-custody and offshore holdings. The new rule, introduced under Provisional Measure 1303, removes previous exemptions for transactions under 35,000 Brazilian reals (approx. $6,300) per month. Previously, gains beyond this threshold were taxed progressively, ranging from 15% to 22.5%. The uniform rate now applies to all investors, regardless of transaction size, as part of the government’s broader revenue-raising efforts. The policy took effect on June 12, as reported by local news outlet Portal do Bitcoin.

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Vietnam Joins BRICS Amid Push for De-Dollarization

The BRICS economic alliance is growing as Vietnam becomes its 10th ‘partner country,’ joining others like Belarus, Nigeria, and Thailand. Originally formed in 2009 as BRIC (Brazil, Russia, India, China), the group expanded to include South Africa and now aims to reduce dependence on the US dollar through initiatives like local currency transactions and a potential gold-backed common currency. While Saudi Arabia has reportedly avoided formal membership to avoid tensions with the US, BRICS continues to prioritize economic cooperation, trade facilitation, and alternative payment platforms. Despite early 2025 claims from some member countries that de-dollarization isn’t a primary goal, the alliance’s broader strategy suggests a shift away from dollar dominance.

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Amrit Kumar’s Journey from Zilliqa to Advancing Blockchain Scalability at AltLayer

Amrit Kumar, co-founder of Zilliqa, has transitioned to AltLayer, focusing on enhancing decentralized roll-ups for Web3 applications. With a strong academic background in cryptography and blockchain scalability, he aims to improve security, scalability, and user accessibility in blockchain technology. At AltLayer, he leads efforts to streamline roll-up deployment, advocating for a user-centric approach in blockchain development.

about Amrit Kumar's Journey from Zilliqa to Advancing Blockchain Scalability at AltLayer
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