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TON news update: TAC mainnet launch could send the altcoin to $3.50

Telegram’s one billion users will be able to interact with Ethereum Virtual Machine (EVM) decentralized apps (DApps) directly within the messenger following the launch of the Tac mainnet on Tuesday. This new feature could boost DApp adoption and asset inflows into the TON network as it lowers the te
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Hyperliquid Strategies Inc. plan for $583M treasury boosts HYPE price

Key point:
Corporate treasury buying could boost sentiment, pushing HYPE above its $50 resistance level.
Nasdaq-listed biotech company Sonnet BioTherapeutics said on Monday that it had formed a business combination with a newly created entity, Rorschach, to launch a Hyperliquid (HYPE) digital
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Trump Media files AI trademarks to expand Truth Social, present ‘non-woke’ news

Trump Media and Technology Group (TMTG), majority-owned by US President Donald Trump’s family, has filed for two artificial intelligence (AI) trademarks tied to a planned feature on the Truth Social platform.
“Truth Social AI” and “Truth Social AI Search,” the names under which the trademark
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UK lawmakers push to ban crypto donations in political campaigns

While countries like the United States explore crypto as a new campaign fundraising tool, ministers in United Kingdom are sounding the alarm, with one calling for a ban on crypto donations over concerns about traceability and foreign interference.
On Tuesday, Pat McFadden, a Cabinet Office minister
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Talos acquires Coin Metrics in $100M deal

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Bitcoin resistance at $120K normal due to ‘frothy’ open interest near all-time highs

Key takeaways:
Bitcoin formed a bearish engulfing candle, indicating potential short-term exhaustion.
The Miners’ Position Index surged to its highest level since November 2024, and profit-taking hit record highs.
Despite panic selling, over 196,600 BTC was accumulated in the $116,000–$118,000 r
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‘There is no legitimate use case for crypto’ — US Representative Stephen Lynch

US Democratic lawmakers characterized crypto as an outright “scam” in a Wednesday press conference, pushing for the development and rollout of a central bank digital currency (CBDC).
Representative Maxine Waters called the CBDC Anti-Surveillance State Act, a bill that would prohibit the creation of
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Roman Storm prosecutors seek to block testimony on crypto kidnappings

US attorneys prosecuting Tornado Cash co-founder and developer Roman Storm are asking a judge to block certain testimony after opening statements on Tuesday suggested that defense lawyers plan to question witnesses on crypto-related cases involving kidnapping and torture
In a Wednesday filing,
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'Bitcoin Jesus' Roger Ver sues Spain to block extradition to the United States

Early Bitcoin investor and advocate Roger Ver, also known as “Bitcoin Jesus,” filed a lawsuit against Spain seeking to block his extradition to the United States, where he faces a tax evasion case.
The lawsuit, filed at the European Court of Human Rights, argues that the extradition violates Ver’s
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Bitcoin price to $150K? Here’s what it will take

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TRUMP memecoins set to be unlocked amid ‘crypto week’ votes

The imminent unlocking of a Trump-themed memecoin could add new layers to the ongoing debate over US legislation during “Crypto Week,” as Republicans rally behind three digital asset bills this week.
According to multiple sources, 90
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Blockchain can be the solution against location spoofing — Here’s how

Since its rollout to the public in the 1990s, GPS has transformed how we move, navigate and interact with the world. What began as a military tool evolved into an indispensable component of modern life, powering everything from food delivery and social media to ride-hailing apps and critical
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Three US crypto bills clear procedural vote after initial failure

The US House of Representatives has cleared the way for three Republican-led crypto bills to be considered in the chamber after a failed vote on Tuesday.
In a Wednesday floor vote in the House, lawmakers voted 215-211 in favor of a resolution to reconsider a package with bills to regulate payment s
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BoA exploring stablecoins to help move trillions in client transactions, CEO says

Bank of America is in the early stages of exploring stablecoins, aiming to leverage blockchain technology to enhance its payment infrastructure.
During the bank’s second-quarter earnings call, CEO Brian Moynihan addressed questions about BoA’s stablecoin strategy, noting that the initial focus is “
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Bitcoin digests US PPI win with $120K liquidity grab on bulls' radar

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Ethereum’s ‘Trustware’ era could push ETH to $15.8K — Consensys

As Ethereum nears its 10th anniversary, blockchain company Consensys is proposing a new way to think about the network’s role in the global economy: as critical infrastructure for what it calls a “trustware” era.
According to Consensys, Ethereum is evolving beyond a smart contract platform into a
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Waterfall Network: Exploring a New Path to Blockchain Scalability Through a DAG-Based Architecture

Can a blockchain scale without breaking the promise of decentralization? Waterfall Network argues yes by leaving the linear blockchain model behind. In July 2024, Waterfall Network launched its mainnet and joined the short list of layer-1 protocols that depart from the traditional blockchain
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EU sanctions crypto entities for election interference, disinformation

The European Union has sanctioned individuals linked to an operation that used digital assets to evade sanctions and fund pro-Russian disinformation campaigns.
In a decision announced on Tuesday under the EU’s Common Foreign and Security Policy, sanctions were imposed on nine individuals and six
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