Author: Digicoinvision

The co-creator of the Ethereum-scaling solution ZKsync has proposed a major overhaul of its governance token, arguing it should prioritize “economic utility.”In a post on Tuesday to the ZKsync forum, Alex Gluchowski argued that while its ZKsync (ZK) governance token was effective in the project’s early stages as the “architecture and adoption path were still forming,” the network has since rapidly evolved. He said it now hosts an ecosystem of interconnected zero-knowledge chains, and it is important that ZKsync’s token captures network value and drives further ecosystem adoption. “The goal is to align usage with value, make decentralization economically sustainable, and ensure…

Join Our Telegram channel to stay up to date on breaking news coverage The Aster price plunged more than 20%, giving an anti-CZ whale who shorted the token about $19 million in unrealized profits as the trader targets XRP, Dogecoin, Ethereum, and Pepe. The whale added to its Aster shorts soon after Binance co-founder Changpeng Zhao, aka CZ, disclosed buying over 2 million tokens on Nov. 2. That contrarian bet alone has yielded roughly $19 million in profit, while the trader’s total unrealized gains across all short positions are now nearing $100 million, according to Lookonchain and Hyperdash. Full disclosure.…

Standard Chartered’s CEO predicted the end of cash and the digitization of all money, speaking at the Hong Kong FinTech Week 2025. During the event, Standard Chartered Group CEO Bill Winters said that the bank shared a common belief with the Hong Kong leadership that all transactions will eventually be settled on the blockchain.  “All transactions will settle on blockchains eventually, and all money will be digital,” Winters said, framing the shift as nothing less than a “complete rewiring of the financial system.”He added that while there’s a vision, they didn’t know exactly how the system would be rewired. Because of this,…

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin slumped below $104K and liquidations surged past $1.3 billion as the Crypto Fear & Greed index plunged into “extreme fear” territory. The largest cryptocurrency fell more than 3% in the past 24 hours to trade at $103,932 as of 4:15 a.m. EST, deepening its weekly loss to over 8%. The broader market retreated 4%, with every top 10 token in the red as selling pressure intensified. BTC price chart (Source: CoinMarketCap) According to Coinglass, long traders bore the brunt of the pain, with bullish bets accounting…

Digital asset treasuries will soon evolve beyond being “static vaults” for well-known cryptocurrencies and instead look to offer tokenized real-world assets, stablecoins and other assets that generate yield, according to crypto executives. “The next phase of Web3 treasuries is about turning balance sheets into active networks that can stake, restake, lend, or tokenize capital under transparent, auditable conditions,” said Maja Vujinovic, the CEO of Ether (ETH) treasury company FG Nexus. “The lines between a treasury and a protocol balance sheet are already blurring, and the firms that treat treasuries as productive, onchain ecosystems will be the ones that outperform.”The number of crypto…

Join Our Telegram channel to stay up to date on breaking news coverage The Dogecoin price has plunged 6% in the last 24 hours to trade at $0.1633 as of 2:42 a.m. EST on trading volume that skyrocketed 115% to $3.5 billion. This comes as Elon Musk renewed his DOGE moon mission vow after tweeting “It’s time” on X, recalling his 2021 promise to send “a literal Dogecoin to the literal moon” through SpaceX’s DOGE-1 mission. It’s time 😀 — Elon Musk (@elonmusk) November 3, 2025 Musk’s fascination with Dogecoin has continued over the years, with his tweets repeatedly moving…

Decentralized finance platform Stream Finance says it has paused deposits and withdrawals after an external fund manager overseeing its funds found a $93 million loss in its assets. The Stream Finance team said in an X post on Monday that the fund manager reported the loss on Sunday and the project has since hired lawyers from Perkins Coie to investigate the incident.“We are actively withdrawing all liquid assets and expect this process to be completed in the near term,” it said. “We will provide periodic updates as additional information becomes available.”Source: Stream Finance While Stream Finance investigates the problem, the platform…

In two weeks, we open the doors to the first-ever Ethereum World’s Fair at La Rural in Buenos Aires. This year isn’t about someday. It’s about now. On Ethereum today you can pay, play, vote, save, borrow, lend, and chat, all onchain — and at Devconnect you’ll experience that shift hands-on, IRL.Buenos Aires is the right backdrop for this moment: a city where crypto is part of daily life and where builders are ready to show what’s live. Below is your guide to what’s inside the fairgrounds, how to plan your week, and what to do before you arrive. Inside…

WazirX hack fallout: User challenges $9,400 XRP account freeze The case began when Rhutikumari, an XRP (XRP) holder, filed a petition against WazirX after the exchange froze her account containing 3,532.30 XRP worth approximately $9,400. The dispute stemmed from WazirX’s response to a July 2024 hack that led to the theft of about $235 million in assets.To manage the losses, WazirX proposed a controversial “socialization of losses” plan, which would distribute the financial impact proportionally across all user accounts. Rhutikumari challenged the plan, arguing that it infringed on her ownership rights.In its defense, WazirX argued that the dispute was governed…

Key takeawaysMastercard is in talks to buy Zero Hash, following earlier interest in BVNK, in a push toward 24/7 stablecoin settlement.The deals could give Mastercard a turnkey onchain payments stack, accelerating its move from pilot to production.Stablecoin-based settlement would let banks and merchants transact continuously, bypassing batch cutoffs and weekend delays.Yet operational, compliance and liquidity challenges mean a hybrid phase will likely persist before full 24/7 adoption.Mastercard is reportedly in advanced talks to acquire crypto infrastructure provider Zero Hash for between $1.5 billion and $2 billion after earlier exploring a similarly sized deal for stablecoin platform BVNK.Rather than building every…