The crypto world continues to evolve rapidly, with big headlines making waves across politics, major exchanges, and the DeFi ecosystem. Today, we look at four key stories – from ETF launches to trust issues and rising developer trends. Here’s what you need to know.

Listen in the Podcast

Trump Media and Crypto.com Team Up to Launch Crypto ETFs

Trump Media & Technology Group has partnered with Crypto.com to launch cryptocurrency-based exchange-traded funds (ETFs). This collaboration aims to attract traditional investors and bring crypto further into the mainstream. It also reflects the growing intersection between politics and digital assets, as political figures look to leverage the momentum and reach of crypto in upcoming elections. (Source: coinpaper.com)

ZachXBT Accuses Crypto.com of Breaking Trust Over $70B CRO Reissue

Renowned blockchain investigator ZachXBT has accused Crypto.com of betraying community trust by reissuing 70 billion CRO tokens without prior transparency. Originally believed to be locked for ecosystem purposes, the reissued tokens have sparked backlash and questions about centralized control and ethical responsibility within major crypto platforms. (Source: cryptonews.com)

Ethereum Network Altcoins Developers Are Most Focused On

A recent analysis identifies the Ethereum-based altcoins receiving the most developer attention. Projects like Arbitrum, Optimism, Uniswap, and Aave are leading the way, highlighting the increasing importance of scalability and DeFi infrastructure. Developer activity remains a key indicator of innovation and project health in the crypto space. (Source: bitcoinsistemi.com)

Sonic’s DeFi Surge: Can It Beat Solana and Ethereum?

Sonic, a relatively new DeFi protocol, has reached all-time highs in active addresses, indicating rapid user growth and rising adoption. With its promise of faster transaction speeds and lower fees, Sonic is positioning itself as a potential challenger to established ecosystems like Solana and Ethereum. Its performance in the coming months will determine whether it can maintain momentum or fade among the competition. (Source: ambcrypto.com)

Conclusion

Last day’s developments show a broad spectrum of trends: the merging of crypto with politics, the need for transparency in centralized platforms, continued interest in Ethereum-based innovation, and the rise of new challengers in the DeFi space. As always, the crypto landscape is dynamic and fast-moving, making it essential to stay informed and discerning.

Stay tuned for more updates as we track the evolution of the crypto world!

Daily crypto news and insights from altFINS Editor’s Picks Section.