Author: James Wilson

RedStone, a blockchain oracle provider, has launched its native token, RED, designed to enhance the security and decentralization of its oracle infrastructure. The token introduces staking through EigenLayer’s Actively Validated Services, enabling users to restake RED via EigenPie and EigenLayer applications. Both data providers and token holders can stake RED to earn rewards in widely used crypto assets. Oracles supply critical price data to decentralized finance applications, relying on secure and reliable data sources. RedStone’s new staking mechanism enhances economic security, by leveraging EigenLayer’s ecosystem and integrating billions in staked assets. To encourage participation, 10% of the 1 billion RED…

Oasys, a Singaporean gaming blockchain backed by Animoca Brands and Ubisoft, has launched a gaming creation platform to enable anyone launch their custom gaming tokens. Oasys (OAS), a blockchain platform designed for gaming, has announced the launch of token creation platform Yukichi.fun. This new platform makes it possible for users to quickly launch their own custom gaming tokens, which can be used within the Oasys ecosystem. Oasys has supported the creation of in-game tokens and NFT collectibles before the launch of Yukichi.fun. The blockchain has specifically been designed with the token creation capabilities. However, Yukichi.fun provides a more user-friendly platform…

Solana co-founder Anatoly Yakovenko opposes Trump’s idea for a U.S. crypto reserve, stating it goes against decentralization by putting it in the hands of the government. In a recent post, Yakovenko clarified his stance regarding President Trump’s plans to establish a national crypto reserve that would include major tokens like Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Cardano (ADA) as well as Solana (SOL). He also confirmed that he was not asked on whether SOL would be included in the crypto reserve line up. “No reserve, because if you want decentralization to fail you’d put the government in charge of it.”…

Speculations are rife that Cardano will reach $25 in 2025 as Trump named it it as one of the assets to be included in U.S. crypto strategic reserve. Cardano (ADA) has been dominating crypto discussions after Donald Trump named it as one of the assets to be included in U.S. crypto strategic reserve, along with Solana (SOL), Ripple (XRP), Bitcoin (BTC), and Ethereum (ETH) on March 2. The announcement sent ADA rallying 75% within a few hours, rising from a low of $0.6461 to $1.13. However, it has since retraced to $0.96 at the time of writing. With the first-crypto…

The memecoin market saw a 5% boost in overall market cap not long after a prosecutor said he wants to freeze $110 million as part of an investigation into the LIBRA meme coin scandal. On March 6, the overall market cap for memecoins nearly reached $62 million, surging by 5% in the past 24 hours of trading. Among the top traded tokens, FARTCOIN (FARTCOIN) rose by nearly 27% to a price of $0.35 while the official Trump coin (TRUMP) went up by 2.3%. TRUMP is currently trading hands at $13.70. The meme coin market went through a major slump following…

Bitwise has launched a new exchange-traded product balancing Bitcoin’s growth potential with gold’s defensive characteristics. Crypto asset manager Bitwise has launched a new ETP product that combines Bitcoin (BTC) and gold, dynamically adjusting allocations based on market conditions. In a March 6 press release, Bitwise said its new product offering dubbed the Bitwise Diaman Bitcoin & Gold ETP (BTCG) dynamically adjusts allocations based on market conditions, following the Diaman Bitcoin & Gold Index. Bradley Duke, head of Bitwise Europe, commenting on the launch said that with the latest product offering, Bitwise’s customers now have the “full gamut of options available…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Artificial intelligence is growing at a rate considered wondrous by some and frightening by others—yet there seems to be no question that this rate of growth will increase. What started as a curious and interesting experiment with basic commands and questions, as well as fun reworkings of classical paintings, has grown into what could plausibly become a trillion-dollar industry in the foreseeable future. It is unquestionable that the creation of large language models like OpenAI’s ChatGPT has…

Bitcoin staking platform Solv Protocol has entered a strategic partnership with Soneium, the Ethereum layer 2 blockchain backed by Japan’s Sony Group, expanding BTC staking to the network. Announced on Mar. 6 on Solv Protocol’s official Medium page, this partnership aims to bridge Bitcoin (BTC) and Ethereum’s (ETH) expanding decentralized finance ecosystems. Through this integration, SolvBTC holders can stake their assets, earn rewards, and access cross-chain liquidity within the Soneium ecosystem. SolvBTC is a token that is 1:1 backed by Bitcoin, earned when users deposit Bitcoin into Solv Protocol.  Furthermore, SolvBTC Liquid Staking Tokens, SolvBTC.LSTs, will make advanced yield strategies…

Crypto.com’s CRO token gained over 15% on Thursday amid speculations that the token will be included in Donald Trump’s strategic crypto reserve. Cronos (CRO), the native token of Cronos Chain, soared by 15.8% on Thursday amid speculation that it could be included a strategic crypto reserve, recently unveiled by the U.S. President Donald Trump. Per crypto.news price tracking page, the price of CRO jumped to $0.09 on March 6, with its trading volume soaring by nearly 100%, according to data from crypto price aggregator platforms. https://twitter.com/EleanorTerrett/status/1897473838595674310 The pump comes a few hours after Fox Business journalist Eleanor Terrett revealed in…

A Solana-based ‘Hong Kong coin’ is being promoted by an X account impersonating as the Chief Executive of Hong Kong. Authorities and regulators have warned traders not to get scammed by the fake coin. On March 6, Hong Kong lawmaker and active crypto supporter Johnny Ng warned traders that an account impersonating the Hong Kong Chief Executive John Lee was promoting a Solana (SOL)-based coin claimed to be the region’s “National Hong Kong coin.” Ng confirmed that the coin was false and that the Hong Kong government is not involved in the launch at all, labeling it a scam. “The…