Peter Thiel-backed exchange Bullish boosts IPO target to $990M, eyes $4.8B valuation

Tokenized assets are projected to reach a $100 trillion market, with Ethereum set to play a crucial role in this transformation. A financial expert highlights the potential of Ethereum as the backbone of a new global financial system.

Editor’s Note: This development is significant as it indicates a major shift in how financial transactions may occur in the future. The rise of tokenized assets could democratize finance, making it more accessible and efficient for everyone.

US authorities are set to seize $2.8 million in cryptocurrency linked to ransomware activities. This move is part of efforts to combat cybercrime and will contribute to the US crypto reserve.

Editor’s Note: This seizure is significant as it demonstrates the government's commitment to tackling ransomware and cybercrime. By reclaiming these funds, authorities aim to disrupt criminal operations and potentially deter future attacks.

Aave has achieved multiple all-time highs, reaching $3 trillion in cumulative deposits and over $29 billion in active loans. The protocol's total value locked also hit a record above $40 billion, reflecting the growing strength of the crypto market.

Editor’s Note: This milestone is significant as it showcases the increasing adoption and trust in decentralized finance (DeFi) platforms like Aave. The surge in deposits and loans indicates a robust interest in crypto investments, which could lead to further innovations and growth in the sector.

Miomi Game, a web3 esports platform, has integrated Polygon to offer gaming prizes in Agora's stablecoin AUSD. This integration aims to enhance the gaming experience for players.

Editor’s Note: This integration is significant as it showcases the growing intersection of blockchain technology and esports, potentially attracting more players and enhancing the overall gaming ecosystem.

BlackRock's CEO, a prominent supporter of Bitcoin, has taken on the role of interim co-chair at the World Economic Forum (WEF) board.

Editor’s Note: This development is significant as it highlights the increasing influence of cryptocurrency in global economic discussions, especially with a major financial institution like BlackRock at the forefront.