AI Looks To Challenge DeFi’s Web3 Dominance
AI decentralized applications (dApps) have been experiencing an impressive rise in user activity and are now on track to challenge the established dominance of gaming and DeFi within the dApp ecosystem, according to data from DappRadar.
SHIB’s Burn Rate Skyrockets By 4,833%
Shiba Inu’s (SHIB) momentum has surged recently, with its 24-hour burn rate increasing by an impressive 4,833.89%. This dramatic rise signals a renewed wave of activity within the SHIB community, highlighting a strong push to reduce the circulating supply of the token.
PENGU Leads Altcoin Rally Alongside Bitcoin’s 6.2% Surge
Bitcoin (BTC) recently surged by 6.2%, reaching a high of $103.1k. This rally sparked a wave of optimism across the crypto space, and one standout performer was Pudgy Penguins (PENGU), a meme coin that skyrocketed by 24.6% in just 24 hours. The move has set the stage for a potential retest, or even a breakout, of the token’s previous high set on April 28th.
Ripple Recovers $75M After Winning SEC Lawsuit
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) jointly filed a motion seeking court approval for a $50 million payment to finalize their long-standing legal dispute.
Safeheron Enhances Web3 Security Via Open-Source Intel SGX TEE Framework
Safeheron, a Singapore-based provider of digital asset infrastructure, has introduced an open-source Trusted Execution Environment (TEE) framework aimed at boosting the security and privacy of Web3 applications. The release is set to benefit DeFi, payment platforms, and DAOs, where safeguarding sensitive data is critical.
G7 Leaders To Address North Korea’s Cyber Attacks
North Korea’s billion-dollar crypto heists and sophisticated cyberattacks are expected to be on the agenda when G7 leaders meet in Canada next month.
Ethereum Introduces 11 EIPs Via Pectra Upgrade
On May 7th, 2025, Ethereum successfully deployed the highly anticipated Pectra upgrade. This update, the largest hard fork since last year’s Merge, brings with it 11 Ethereum Improvement Proposals (EIPs) aimed at enhancing various aspects of the Ethereum ecosystem. These changes are set to improve staking, boost scalability, and streamline the user experience, laying the groundwork for future innovations like Fusaka.
Arizona Makes History With Strategic Bitcoin Reserve
The state of Arizona has officially become the second U.S. state to create a Strategic Bitcoin Reserve, setting a new precedent in digital asset investment at the state level.
North Korean Crypto Spy Fumbles The Bag
A several months-long investigation into a suspected North Korean operative was recently conducted. This investigation uncovered a network of threat actors attempting to land freelancing gigs within the cryptocurrency industry.
Democrats Call Out Trump’s Crypto Ventures
Democratic lawmakers in the U.S. have launched a coordinated offensive against President Donald Trump’s crypto-related ventures, unveiling two pieces of legislation and initiating a congressional inquiry aimed at curbing his ability to profit from digital assets.
