Author: ethan

Ethan Moore follows the faster-moving corners of crypto, from altcoins and AI crypto to gaming, NFTs, launchpads and airdrops. His reporting looks at what is actually live, what users can participate in and whether early attention is backed by product development, community activity or verifiable traction.He regularly contributes context on Layer 1 developments and Web3 or DeFi trends connected to broader ecosystem growth.

Farcaster co-founder Dan Romero confirmed this Friday that the project will return the full 180 million dollars raised to its investors following the acquisition by infrastructure provider Neynar. According to Romero, the Farcaster decentralized social protocol will remain fully operational under new leadership, ensuring the continuity of its technological services for the more than 250,000 monthly active users recently recorded in the network.

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The manufacturer Ledger prepares its Ledger initial public offering in New York to reach a valuation of 4 billion dollars very soon. As CEO Pascal Gauthier reported this Friday, the firm collaborates with international banking giants to finalize its debut on the stock exchange. This operation seeks to capitalize on the increase in demand for digital security after records in global cyberattacks.

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Monero’s price has entered a high volatility phase after retreating from its historical highs, currently trading at around 524 dollars. According to the latest reports, Monero technical indicators reflect significant caution due to a 20% drop in derivatives open interest recently. This reduction, which went from 272 to 217 million dollars, indicates that traders are closing positions amid uncertainty, avoiding maintaining unnecessary risks in the current market for digital assets.

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Blockchain firm Elliptic revealed that the ruble-backed A7A5 stablecoin processed 100 billion dollars in transactions before being halted by international regulators this Thursday. This asset functioned as a strategic bridge toward the Tether market to facilitate the usage of cryptocurrencies to evade sanctions and Western financial restrictions during this period.

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