[PRESS RELEASE – Wilemstad, Curacao, April 8th, 2025] Fairspin Casino has introduced a brand-new feature: the Fairspin Advent Calendar. Designed to make April more rewarding, this interactive calendar delivers daily surprises that keep the thrill alive. Each day, players can unlock a special gift, ensuring fresh rewards and non-stop excitement throughout the month. How the […] …

Learn MoreFairspin Casino Launches an Exclusive Advent Calendar for Players

[PRESS RELEASE – London, United Kingdom, April 8th, 2025] HyperWo, a newly launched AI-native Web3 platform built on the Solana blockchain, has been introduced to address usability challenges in the decentralized ecosystem. Developed by UK-based founder Ziya Cem Yazgan, HyperWo offers a modular suite of AI-powered tools that streamline common blockchain actions, allowing users to […] …

Learn MoreHyperWo Launches to Bring AI-Powered Simplicity to Web3

RedStone, a blockchain oracle provider, has introduced a push-based oracle on MegaETH to tackle latency issues that challenge the efficiency of onchain trading.

According to a spokesperson for RedStone, the new oracle can push new prices onchain every 2.4 milliseconds. Initially debuting on MegaETH, an Ethereum layer-2 network, the product may be rolled out to additional chains in the future.

RedStone said its oracle sources prices from centralized exchanges and delivers them directly to applications or smart contracts via nodes that operate natively on the MegaETH chain.

This “co-location” strategy minimizes latency by eliminating delays typically caused by the physical distance between servers. In the future, RedStone also plans to include price feeds from decentralized exchanges.

Oracles compatible with the Ethereum Virtual Machine (EVM) are becoming more popular. According to Alchemy, there are currently 12 decentralized oracle networks operating on Ethereum.

Oracles can make money through data usage fees, licenses, staking rewards and node incentives. The current market capitalization for oracle tokens sits at $10.2 billion, according to CoinMarketCap.

Related: Trump’s World Liberty Financial taps Chainlink as oracle provider

DeFi growth spurs further rise of oracles

Decentralized finance’s total value locked onchain nears $88 billion as of April 8, after rising 116% in 2024, according to DefiLlama. Ethereum remains the top blockchain for DeFi applications, with $47.8 billion locked in the network, followed by Solana with $6.1 billion in DeFi TVL.

The rise of DeFi has intensified competition in the oracle market — an essential component for the functioning of decentralized applications. Price oracles feed real-time market data into smart contracts, acting as a bridge between blockchains and the real world.

Popular players in the oracle space include Chainlink and Pyth Network. In October 2024, Pyth flipped Chainlink in 30-day volume, reaching $36 billion in transactions. The protocol offers a pull-based model that provides data upon request, thus making it optimized for high-volume activities.

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Learn MoreRedStone targets trading latency with new oracle on MegaETH

CoinShares head of research James Butterfill called the infamous “Bitcoin death cross” indicator “total nonsense,” citing historical data suggesting that these events often precede positive returns rather than prolonged declines. Butterfill made the statement in an April 8 post, one day after Bitcoin (BTC) registered a death cross pattern. On April 7, BTC’s 50-day simple […]

The post CoinShares analyst debunks Bitcoin death cross as ‘nonsense’ appeared first on CryptoSlate.

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Learn MoreCoinShares analyst debunks Bitcoin death cross as ‘nonsense’

Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund (ETF) backed by Sui (SUI), the native token of the Sui Network, public filings show. 

The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission (SEC) before the exchange can list any shares of the fund.

If approved, the ETF — issued by asset manager Canary Capital — would be the first in the country to hold SUI. The token has a market capitalization of roughly $6.5 billion, according to CoinMarketCap.

Sui is a blockchain network designed to provide users with a more streamlined onboarding experience — similar to traditional Web3 applications. It is built using Move, a smart contract framework based on the Rust programming language. Sui has approximately $1.1 billion in total value locked (TVL), according to DefiLlama.

Related: Canary files for PENGU ETF

Canary, which specializes in crypto ETFs, submitted its own S-1 regulatory filing for the SUI fund in March. 

Since 2024, Canary has filed for several proposed US crypto ETFs, including funds holding Litecoin (LTC), XRP (XRP), Hedera (HBAR), Axelar (AXL) and Pengu (PENGU). 

Cboe BZX has also submitted numerous filings seeking to list crypto ETFs this year. In March, the exchange filed to list Solana (SOL) ETFs issued by Franklin Templeton and Fidelity. 

Dozens of altcoin ETFs

Since US President Donald Trump took office on Jan. 20, the SEC has acknowledged dozens of new altcoin ETF filings. 

Proposed ETFs include funds holding native layer-1 tokens such as Solana (SOL) and SUI, as well as memecoins such as Dogecoin (DOGE) and Official Trump (TRUMP).

However, investors’ demand for altcoin ETFs may be weaker than for funds holding core cryptocurrencies such as Bitcoin (BTC) and Ether (ETH), according to Katalin Tischhauser, crypto bank Sygnum’s research head. 

“[T]here is all this frothy excitement in the market about these ETFs coming, and no one can point to where substantial demand is going to come from,” Tischhauser told Cointelegraph. 

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Learn MoreCboe BZX files to list Canary's SUI ETF

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The total value of borrowings on large DeFi platforms like Aave and Morpho has sharply dropped from the mid-December peak, as investors scrambled to reduce outstanding debt or got liquidated. …

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