Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solaxy claims Layer 2 on Solana, but with little to solve, focus shifts to Wall Street Ponke, raising $300k fast with real value. Table of Contents Wall Street Ponke raises $300k in hrs and builds something real Wall Street Ponke is also building education As markets heat up, Wall Street Ponke stands out How to get in now Solaxy has been making noise in the market. It’s calling itself the first Layer 2 project on Solana, and that’s getting people excited. But here’s the part many miss. Solana is already fast. It’s already cheap to use. That’s why it became so popular. On Ethereum, Layer 2 tech makes sense because gas fees are high and transactions are slow. But Solana doesn’t have those issues. So the question becomes: what exactly is Solaxy solving? Some investors still think it could go 5x simply because of hype. But more careful traders are asking a better question , does it have long-term value? That’s why attention is starting to shift to another name in the memecoin race. And it’s not just for the hype. It’s for the tools. You might also like: Wall Street Ponke breaks 300k in hours and sets sights on 100x memecoin status Wall Street Ponke raises $300k in hrs and builds something real While some coins chase trends, Wall Street Ponke is building structure. In just a few hours, it raised over 300,000 dollars during presale. And it didn’t do it with buzzwords — it did it by showing value. Wall Street Ponke is not just another memecoin. It’s the first in the space to bring artificial intelligence into crypto trading. That means safer moves, smarter decisions, and fewer rug pulls for everyday traders. Here’s what makes Wall Street Ponke valuable: A trading platform that scans smart contracts to find hidden risks AI-powered alerts that warn about scams and suspicious tokens Real-time market data to help catch trends before they explode A clear mission to protect users and remove bad actors A shift in focus from whales to real builders and developers A fully audited smart contract by Coinsult for extra security Staking rewards over 1000 percent for long-term holders And remember, all of this is still available at the early price of just 0.000261 dollars per token. Wall Street Ponke is also building education Too many people lose money in crypto because they don’t know what they’re doing. Wall Street Ponke knows that. That’s why it’s not just building tools. It’s also building a way for people to learn. The WPonke learning platform was designed for everyone. Whether someone is just starting or already experienced, this space helps them trade smarter. Here’s what they get: Simple lessons that explain everything clearly Live signals and practical advice to guide trades A community where traders share tips and learn together Trusted information from real people with real experience A fun and hands-on way to build confidence in crypto Wall Street Ponke isn’t just trying to ride the next pump. It wants to help people become a better trader. As markets heat up, Wall Street Ponke stands out The market is coming back. The nasdaq composite is going up. Dogecoin price is rising again. ETH price is steady and pepe coin isn’t making much noise anymore. But investors are no longer just chasing the next meme. They want more than that now. They want safety. They want rewards. They want something built to last. That’s why Wall Street Ponke is becoming one of the most talked-about memecoins in this cycle. It’s not about hype anymore. It’s about value. How to get in now To buy WPONKE, go to the official website , connect Trust Wallet or MetaMask, and pay with ETH, USDT, BNB, or card. Simple, secure, and early. Interested investors can follow WPONKE on Twitter and Telegram. Read more: Wall Street Ponke could surpass TRUMP, PEPE; Could it be the next 100x memecoin? Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
The post Strategy Announces Plan to Raise $2.1B to Strengthen Bitcoin Holdings: BTC Price Hits New ATH appeared first on Coinpedia Fintech News Strategy faces a class action lawsuit from the U.S. SEC for allegedly misleading investors on the BTC investment approach. Wall Street experts, led by Standard Chartered analysts, expect Bitcoin price to rally beyond $200k by EOY. Strategy (NASDAQ: STRK) announced on Thursday, May 22, plans to strengthen its Bitcoin (BTC) holdings amid the ongoing bullish sentiment. The company highlighted that it has entered into a sales agreement to sell 10 percent series A perpetual strife preferred stock for $0.001 per share. As a result, Strategy anticipates raising a total of $2.1 billion through the ATM program over an extended period. The recent announcement follows a similar sales program announced on March 10, 2025, to raise $21 billion for its 8 percent Series A Perpetual Strike Preferred Stock. Strategy Fuels Bitcoin Price Growth As Coinpedia previously reported , Strategy has continued to progressively accumulate more Bitcoins on a weekly basis through leveraging global equity markets. Earlier this week, Strategy announced that it had acquired an additional 7,390 BTC to currently hold about 576,230 Bitcoins, which is about 2.74 percent of the assets maximum supply. The company’s Bitcoin strategy has significantly influenced other global companies, led by MetaPlanet , to adopt a similar strategy. As a result, the Bitcoin’s supply vs demand shock has heavily influenced the ongoing bullish sentiment for BTC price. After breaking out of a prior all-time high on Wednesday, BTC price extended its gains on Thursday to reach a new peak of about $111.9k. As a result, Wall Street experts forecast a continued Bitcoin growth in the coming weeks. For instance, Standard Chartered analysts expect Bitcoin price to reach $120,000 by the end of Q2, and $200,000 by late 2025.The bullish crypto sentiment is favored by the improving crypto regulatory environment in the United States, especially through the GENIUS Act.
May 22nd, 2025 – Hong Kong, China Solana users will be able to transact with Dogecoin securely, powered by Psy and Wormhole, tapping into a $36B asset and its vast community for DeFi, gaming & more. Psy (formerly QED Protocol) has developed a trustless bridge connecting Dogecoin to the Solana blockchain. This innovation brings proof-of-work security to Solana while making Dogecoin, the world’s largest memecoin, available to Solana’s ecosystem of dapps. This innovation allows Solana and Dogecoin to directly ‘speak’ to each other, with each blockchain able to independently verify the other’s transactions and consensus without requiring trust in third parties. The bridge not only enhances security but also creates substantial ecosystem opportunities. Bringing Dogecoin’s $36B+ market cap and massive community to Solana opens new possibilities for both networks. Dogecoin users gain access to Solana’s DeFi, NFT, and gaming applications, while Solana developers can tap into Dogecoin’s extensive user base. Unlike traditional bridges, which often rely on multisig signers or custodians, Psy’s next-generation proof-of-work technology validates Dogecoin Proof of Work consensus directly on Solana. This trust-minimized approach helps address a major weakness in crypto infrastructure: bridge hacks, which have caused more than $2.8 billion in losses to date. This positions Psy as the leading proof-of-work innovator for Solana, bridging the security benefits of proof-of-work with Solana’s speed and programmability. This integration demonstrates that new proof-of-work chains, like Psy’s, can interact with high-performance blockchains without sacrificing security or requiring centralized intermediaries. This bridge continues Psy Protocol’s mission to empower developers to build hyper-scalable web3 applications to host the next generation of the decentralized internet. The bridge supports standard Dogecoin wallets and exchange deposits. Quotes “We have been working hard to find ways to better serve the Doge community, and now we get the chance to offer them even greater utility for their Dogecoin,” Carter Feldman, CEO of Psy Protocol, said. “This demonstrates the promise of combining best-in-class security with user demand and an established developer base.” “We’re thrilled to announce the DOGE bridge to Solana, a big step in welcoming one of crypto’s most iconic communities to the Solana ecosystem,” said Lily Liu, President of the Solana Foundation. “DOGE, Bitcoin’s beloved pet, embodies the fun, irreverent spirit that drives on-chain culture. By bridging DOGE into Solana’s network, we’re inviting the Dogecoin community—and all OG crypto enthusiasts—to join us in marrying on-chain culture and decentralized finance.” “Trustless verification has always been the holy grail of interoperability, but achieving it at scale has remained elusive,” said Robinson Burkey, co-founder of Wormhole. “Seeing Psy and Wormhole come together to build this around an asset like DOGE captures the true cyberpunk spirit of crypto. We’re excited to help bring a $36B asset to Solana—soon to be powered by Wormhole.” How the Bridge Works The bridge captures and verifies each Dogecoin block header on Solana. Block headers contain essential blockchain data, including the previous block hash, timestamp, difficulty target, the Merkle root of all transactions in the block, and the Proof of Work consensus algorithm. By verifying these headers directly on Solana, the system cryptographically confirms the validity of Dogecoin transactions without intermediaries. When users send DOGE to the bridge, the system verifies the deposit on the Dogecoin blockchain and mints an equivalent amount of QDOGE tokens on Solana. To convert back, QDOGE tokens are burned on Solana, with withdrawal messages securely transmitted through Wormhole’s cross-chain messaging protocol, triggering the release of the original DOGE to the user’s Dogecoin address. To enable this bridge, Psy has created a suite of infrastructure for developers: txindex: a fully-featured indexer for Dogecoin with effortless handling of forking behavior electrs-doge: the first open-source block explorer for Dogecoin doge-sdk: the first JavaScript SDK for Dogecoin forkr: an easy-to-use tool for simulating forks/re-orgs on Bitcoin and Dogecoin. About Psy Protocol Psy is the leading innovator in next-generation proof-of-work technology, on a mission to restore the security and decentralization principles of blockchain while enabling modern scalability. Psy is bridging the utility gap between Proof of Work and Proof of Stake chains, empowering developers to build hyper-scalable web3 applications, to provide a credible alternative to a centralized internet controlled by a handful of tech monopolies. Contact Mr Josh Adams Serotonin josh@serotonin.co This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post Psy Develops First Trustless Bridge from Dogecoin to Solana appeared first on The Daily Hodl .
BitcoinWorld Psy Develops First Trustless Bridge from Dogecoin to Solana Hong Kong, China, May 22nd, 2025, Chainwire Solana users will be able to transact with Dogecoin securely, powered by Psy and Wormhole, tapping into a $36B asset and its vast community for DeFi, gaming & more. Psy (formerly QED Protocol) has developed a trustless bridge connecting Dogecoin to the Solana blockchain. This innovation brings proof-of-work security to Solana while making Dogecoin, the world’s largest memecoin, available to Solana’s ecosystem of dapps. This innovation allows Solana and Dogecoin to directly ‘speak’ to each other, with each blockchain able to independently verify the other’s transactions and consensus without requiring trust in third parties. The bridge not only enhances security but also creates substantial ecosystem opportunities. Bringing Dogecoin’s $36B+ market cap and massive community to Solana opens new possibilities for both networks. Dogecoin users gain access to Solana’s DeFi, NFT, and gaming applications, while Solana developers can tap into Dogecoin’s extensive user base. Unlike traditional bridges, which often rely on multisig signers or custodians, Psy’s next-generation proof-of-work technology validates Dogecoin Proof of Work consensus directly on Solana. This trust-minimized approach helps address a major weakness in crypto infrastructure: bridge hacks, which have caused more than $2.8 billion in losses to date. This positions Psy as the leading proof-of-work innovator for Solana, bridging the security benefits of proof-of-work with Solana’s speed and programmability. This integration demonstrates that new proof-of-work chains, like Psy’s, can interact with high-performance blockchains without sacrificing security or requiring centralized intermediaries. This bridge continues Psy Protocol’s mission to empower developers to build hyper-scalable web3 applications to host the next generation of the decentralized internet. The bridge supports standard Dogecoin wallets and exchange deposits. Quotes “We have been working hard to find ways to better serve the Doge community, and now we get the chance to offer them even greater utility for their Dogecoin,” Carter Feldman, CEO of Psy Protocol, said. “This demonstrates the promise of combining best-in-class security with user demand and an established developer base.” “We’re thrilled to announce the DOGE bridge to Solana, a big step in welcoming one of crypto’s most iconic communities to the Solana ecosystem,” said Lily Liu, President of the Solana Foundation. “DOGE, Bitcoin’s beloved pet, embodies the fun, irreverent spirit that drives on-chain culture. By bridging DOGE into Solana’s network, we’re inviting the Dogecoin community—and all OG crypto enthusiasts—to join us in marrying on-chain culture and decentralized finance.” “Trustless verification has always been the holy grail of interoperability, but achieving it at scale has remained elusive,” said Robinson Burkey, co-founder of Wormhole. “Seeing Psy and Wormhole come together to build this around an asset like DOGE captures the true cyberpunk spirit of crypto. We’re excited to help bring a $36B asset to Solana—soon to be powered by Wormhole.” How the Bridge Works The bridge captures and verifies each Dogecoin block header on Solana. Block headers contain essential blockchain data, including the previous block hash, timestamp, difficulty target, the Merkle root of all transactions in the block, and the Proof of Work consensus algorithm. By verifying these headers directly on Solana, the system cryptographically confirms the validity of Dogecoin transactions without intermediaries. When users send DOGE to the bridge, the system verifies the deposit on the Dogecoin blockchain and mints an equivalent amount of QDOGE tokens on Solana. To convert back, QDOGE tokens are burned on Solana, with withdrawal messages securely transmitted through Wormhole’s cross-chain messaging protocol, triggering the release of the original DOGE to the user’s Dogecoin address. To enable this bridge, Psy has created a suite of infrastructure for developers: txindex: a fully-featured indexer for Dogecoin with effortless handling of forking behavior electrs-doge: the first open-source block explorer for Dogecoin doge-sdk: the first JavaScript SDK for Dogecoin forkr: an easy-to-use tool for simulating forks/re-orgs on Bitcoin and Dogecoin. About Psy Protocol Psy is the leading innovator in next-generation proof-of-work technology, on a mission to restore the security and decentralization principles of blockchain while enabling modern scalability. Psy is bridging the utility gap between Proof of Work and Proof of Stake chains, empowering developers to build hyper-scalable web3 applications, to provide a credible alternative to a centralized internet controlled by a handful of tech monopolies. Contact Mr Josh Adams Serotonin josh@serotonin.co This post Psy Develops First Trustless Bridge from Dogecoin to Solana first appeared on BitcoinWorld and is written by chainwire
Hong Kong, China, May 22nd, 2025, Chainwire Solana users will be able to transact with Dogecoin securely, powered by Psy and Wormhole, tapping into a $36B asset and its vast community for DeFi, gaming & more. Psy (formerly QED Protocol) has developed a trustless bridge connecting Dogecoin to the Solana blockchain. This innovation brings proof-of-work security to Solana while making Dogecoin, the world's largest memecoin, available to Solana's ecosystem of dapps. This innovation allows Solana and Dogecoin to directly 'speak' to each other, with each blockchain able to independently verify the other's transactions and consensus without requiring trust in third parties. The bridge not only enhances security but also creates substantial ecosystem opportunities. Bringing Dogecoin's $36B+ market cap and massive community to Solana opens new possibilities for both networks. Dogecoin users gain access to Solana's DeFi, NFT, and gaming applications, while Solana developers can tap into Dogecoin's extensive user base. Unlike traditional bridges, which often rely on multisig signers or custodians, Psy's next-generation proof-of-work technology validates Dogecoin Proof of Work consensus directly on Solana. This trust-minimized approach helps address a major weakness in crypto infrastructure: bridge hacks, which have caused more than $2.8 billion in losses to date. This positions Psy as the leading proof-of-work innovator for Solana, bridging the security benefits of proof-of-work with Solana’s speed and programmability. This integration demonstrates that new proof-of-work chains, like Psy’s, can interact with high-performance blockchains without sacrificing security or requiring centralized intermediaries. This bridge continues Psy Protocol’s mission to empower developers to build hyper-scalable web3 applications to host the next generation of the decentralized internet. The bridge supports standard Dogecoin wallets and exchange deposits. Quotes “We have been working hard to find ways to better serve the Doge community, and now we get the chance to offer them even greater utility for their Dogecoin,” Carter Feldman, CEO of Psy Protocol, said. “This demonstrates the promise of combining best-in-class security with user demand and an established developer base.” “We’re thrilled to announce the DOGE bridge to Solana, a big step in welcoming one of crypto’s most iconic communities to the Solana ecosystem,” said Lily Liu, President of the Solana Foundation. “DOGE, Bitcoin’s beloved pet, embodies the fun, irreverent spirit that drives on-chain culture. By bridging DOGE into Solana’s network, we’re inviting the Dogecoin community—and all OG crypto enthusiasts—to join us in marrying on-chain culture and decentralized finance.” "Trustless verification has always been the holy grail of interoperability, but achieving it at scale has remained elusive,” said Robinson Burkey, co-founder of Wormhole. “Seeing Psy and Wormhole come together to build this around an asset like DOGE captures the true cyberpunk spirit of crypto. We’re excited to help bring a $36B asset to Solana—soon to be powered by Wormhole." How the Bridge Works The bridge captures and verifies each Dogecoin block header on Solana. Block headers contain essential blockchain data, including the previous block hash, timestamp, difficulty target, the Merkle root of all transactions in the block, and the Proof of Work consensus algorithm. By verifying these headers directly on Solana, the system cryptographically confirms the validity of Dogecoin transactions without intermediaries. When users send DOGE to the bridge, the system verifies the deposit on the Dogecoin blockchain and mints an equivalent amount of QDOGE tokens on Solana. To convert back, QDOGE tokens are burned on Solana, with withdrawal messages securely transmitted through Wormhole’s cross-chain messaging protocol, triggering the release of the original DOGE to the user's Dogecoin address. To enable this bridge, Psy has created a suite of infrastructure for developers: txindex: a fully-featured indexer for Dogecoin with effortless handling of forking behavior electrs-doge: the first open-source block explorer for Dogecoin doge-sdk: the first JavaScript SDK for Dogecoin forkr: an easy-to-use tool for simulating forks/re-orgs on Bitcoin and Dogecoin. About Psy Protocol Psy is the leading innovator in next-generation proof-of-work technology, on a mission to restore the security and decentralization principles of blockchain while enabling modern scalability. Psy is bridging the utility gap between Proof of Work and Proof of Stake chains, empowering developers to build hyper-scalable web3 applications, to provide a credible alternative to a centralized internet controlled by a handful of tech monopolies. ContactMrJosh AdamsSerotoninjosh@serotonin.co Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Congressman Tom Emmer (R-IN) and Ritchie Torres (NY-15) reintroduced the Blockchain Regulatory Certainty Act (BRCA) on Wednesday in a bid to prevent crypto service providers from being classified as money transmitters. Congressmen Fight for Crypto Clarity According to a May 22 press release from the U.S. lawmakers, the proposed legislation would clarify that non-custody digital asset providers are not classified as money transmitters. The bill would purportedly empower wallet providers, miners, and validators while preventing key players in the crypto sector from going offshore. Emmer, who originally introduced the BRCA back in 2018 , claims the legislation would provide regulatory clarity without compromising necessary government oversight. “If you don’t custody consumer funds, you aren’t a money transmitter. Plain and simple,” Congressman Emmer said. “The longer we delay this commonsense clarification, the greater the risk that this transformative technology is pushed overseas, harming American investors and innovators.” “The Blockchain Regulatory Certainty Act reflects a thoughtful, bipartisan effort to get digital asset policy right,” said Representative Torres. “The United States should be the global home for responsible innovation, not a place where developers are punished for building open-source software or experimenting with new technologies,” he added. Crypto Policy Leaders Push for Progress Several prominent leaders in the crypto policy space have also lent their support to the BRCA, including Blockchain Association Interim CEO Sarah Milby, The Digital Chamber CEO Cody Carbone, and Ji Hun Kim, president and CEO of the Crypto Council for Innovation. “Blockchain developers, miners, and validators aren’t financial institutions—they’re builders,” said Carbone. “The bipartisan Blockchain Regulatory Certainty Act will finally give them the freedom to build in the United States by clarifying that those who never hold customer assets don’t need bank-style licenses.” “We urge swift passage and commend Majority Whip Emmer and Representative Ritchie Torres for championing this effort,” he added. “Congress should act now on the BRCA.” The post Blockchain Regulatory Certainty Act Returns to Exempt Wallets, Miners From Money-Transmitter Rules appeared first on Cryptonews .
The cryptocurrency has entered uncharted territory, but a Standard Chartered Bank digital assets researcher says this is exactly what he predicted. BTC Breaches $112K; Is $120K the Next Stop? Bitcoin surged to an all-time peak of $112K on Bitstamp this afternoon and has been hovering around $111.7K as it gradually advances to the $120K target
BitcoinWorld Sui Faces Challenges: CZ Offers Crucial Support After Cetus Protocol Hack The world of decentralized finance (DeFi) is no stranger to turbulence, but recent events on the Sui network have brought a fresh wave of challenges. Following a significant exploit affecting a key platform, the spotlight turned to how the ecosystem would respond. Amidst this uncertainty, a notable voice from the crypto space offered a message of solidarity: Changpeng Zhao (CZ), the former CEO of Binance , expressed his support for Sui . Understanding the Situation: The Cetus Protocol Incident The core of the recent turmoil on the Sui network stems from a major security breach. Decentralized exchanges (DEXs) are vital components of any blockchain ecosystem, allowing users to trade assets directly without intermediaries. Cetus Protocol was one such prominent DEX operating on Sui . Unfortunately, Cetus Protocol became the target of a sophisticated crypto hack . While details surrounding the exploit mechanism are still being fully analyzed by security experts, the outcome was clear and damaging: significant user funds were compromised. Reports indicate that the losses exceeded $150 million, a substantial figure that sent ripples through the Sui ecosystem and the broader DeFi community. The immediate aftermath saw a predictable reaction in the market. The native token of the protocol, CETUS, experienced a sharp decline. According to market data, the CETUS token price dropped significantly, reflecting investor concern and panic selling following the exploit. CZ’s Message: A Beacon of Support for Sui In times of crisis, words of encouragement from influential figures can carry weight. Changpeng Zhao, or CZ as he is widely known, remains a highly respected and followed personality in the cryptocurrency world, largely due to his role in building Binance into the world’s largest crypto exchange. Taking to social media platform X (formerly Twitter), CZ publicly addressed the situation surrounding Sui and the Cetus Protocol hack. His message was concise but impactful: “We are doing what we can to help SUI . Not a pleasant situation. Hope everyone stay SAFU!” The term “SAFU” is a popular acronym within the crypto community, popularized by Binance , standing for “Secure Asset Fund for Users.” It refers to an emergency insurance fund used by exchanges to cover user losses in the event of security breaches. CZ ‘s use of this term, coupled with his direct statement about helping Sui , suggests potential involvement or assistance from Binance or individuals associated with Binance in dealing with the aftermath of the hack. Why CZ’s Support for Sui Matters CZ ‘s public backing holds significance for several reasons: Credibility and Influence: As the former head of the world’s largest crypto exchange, CZ ‘s words carry immense weight and reach. His support can help bolster confidence in Sui during a difficult period. Potential Assistance: The phrase “doing what we can to help” hints at possible technical, security, or even financial assistance being offered, perhaps through connections within the Binance ecosystem or security experts known to CZ . Market Sentiment: A positive statement from a figure like CZ can help counter negative market sentiment that often follows a major crypto hack , potentially mitigating further panic sell-offs of Sui -related assets. Community Morale: For the developers, users, and investors within the Sui ecosystem, a message of support from outside can provide much-needed morale and a sense that the community is not alone in facing this challenge. Challenges Facing Sui and the Road Ahead While CZ ‘s support is a positive development, the Sui network and its ecosystem partners like Cetus Protocol still face considerable challenges: Restoring User Trust: The primary challenge is regaining the trust of users who lost funds or were affected by the hack. This requires transparent communication, clear plans for restitution (if possible), and enhanced security measures. Ecosystem Reputation: A major crypto hack on a prominent protocol can cast a shadow over the entire network. Sui needs to demonstrate the overall resilience and security of its underlying technology and encourage best practices among its dApp developers. Technical Remediation: Identifying the vulnerability exploited in the Cetus Protocol hack and ensuring similar flaws don’t exist elsewhere on the network or in other protocols is critical. Market Recovery: The price of the CETUS token and potentially other Sui ecosystem tokens may take time to recover as confidence returns. Addressing these challenges will require a concerted effort from the Sui Foundation, project teams like Cetus Protocol , security auditors, and the community. The support from figures like CZ and potentially entities like Binance could play a role in providing resources or expertise to navigate this complex situation. Actionable Insights for Sui Users and Investors For those involved with the Sui ecosystem or considering becoming involved, the Cetus Protocol hack and CZ ‘s response offer several takeaways: Stay Informed: Follow official communication channels from Sui , Cetus Protocol , and reliable crypto news sources to get accurate updates on the hack investigation and recovery efforts. Evaluate Risk: Understand that DeFi carries inherent risks, including smart contract vulnerabilities and potential hacks. Diversify your holdings and only invest what you can afford to lose. Security First: Practice strong personal security habits, such as using hardware wallets and being cautious of phishing attempts. Assess Project Response: Observe how Cetus Protocol and the Sui ecosystem handle this crisis. Their transparency and efforts to mitigate the damage are indicators of their long-term viability. The incident serves as a stark reminder that even promising networks and protocols are not immune to security threats. The response from the community and key figures like CZ will be crucial in determining how Sui navigates this difficult period and continues its development. Conclusion: Navigating Turbulence with Support The Cetus Protocol hack represents a significant setback for the Sui network, highlighting the persistent security challenges within the DeFi space. The loss of over $150 million and the resulting impact on market sentiment underscore the severity of the situation. However, the public expression of support from a figure as influential as CZ offers a glimmer of hope and suggests that the ecosystem is not facing this challenge alone. While the road to full recovery and rebuilding trust will be long, the collective efforts of the Sui community, developers, and potentially external supporters like CZ will be key to overcoming this obstacle and strengthening the network’s resilience against future threats. The focus now shifts to transparent investigation, enhanced security, and demonstrating the long-term potential of Sui despite this turbulent event. To learn more about the latest crypto market trends, explore our article on key developments shaping the DeFi landscape and institutional adoption. This post Sui Faces Challenges: CZ Offers Crucial Support After Cetus Protocol Hack first appeared on BitcoinWorld and is written by Editorial Team
Traders were betting on BTC hitting $120K and $130K price targets by May or September.
Dogecoin price surged 7.5% to $0.24 despite the SEC delaying its ETF decision until June. Technical indicators point to potential upside targets at $0.262 and $0.289 if $0.245 is breached. Bloomberg and Polymarket suggest ETF approval is unlikely before July, but optimism remains for late 2025. Dogecoin (DOGE) has vaulted back into the spotlight as Grayscale’s application for a spot Dogecoin ETF remains under a prolonged review by the United States Securities and Exchange Commission (SEC). The regulatory agency, notably, has yet to deliver a final verdict on over 70 altcoin ETF filings, a list that includes not just Dogecoin, but also other major coins like XRP, Solana, and Litecoin. Grayscale first initiated its DOGE Trust back in January 2025 and officially filed for the ETF conversion in March, but the agency continues to cite the need for “additional analysis” to ensure compliance with Section 6(b)(5) of the Exchange Act. SEC Puts Grayscale’s Spot Dogecoin ETF on Longer Review Track This mirrors the slow but ultimately successful path of the spot Bitcoin ETF, which after a lengthy review, drew billions in inflows post-approval. As per current SEC… The post Dogecoin ETF Delay Fails to Dampen Bullish Momentum as Price Eyes $0.26 appeared first on Coin Edition .