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Crypto
Solana tops May app revenue but token falls for 8th straight month
Solana ranked No. 1 among blockchains in May by app revenue, totaling $90.62 million, while SOL ended the month lower for an eighth straight month. The report said network usage and token prices did not move in tandem, with SOL falling from around $220 in October to about $82 at May close and market value shrinking by roughly $78 billion to about $47 billion. Spot Solana ETFs recorded net inflows in May.
Crypto
Chiliz, Avalanche and memecoins: Crypto market eyes 2026 World Cup
Crypto markets linked to the 2026 World Cup opening on June 11 in the United States, Mexico and Canada are expanding rapidly. The market is splitting into three layers: projects with official partnerships, memecoins that misuse the FIFA brand, and speculative tokens themed around national teams. FIFA has launched a Layer 1 blockchain on Avalanche, while fan-token leader Chiliz faces recent price declines. Unofficial FIFA-named tokens and Solana-based team memecoins add risks.
Crypto
XRP in loss, bitcoin in profit as Hyperliquid whale bet draws attention
A cryptocurrency whale opened a 20 times leveraged long position in 792,200 XRP on Hyperliquid, with an entry price of $1.3564. As XRP fell, the position moved into an unrealised loss that was estimated to have neared $30,000. The trader, however, was offsetting part of the XRP loss with gains from other positions, including a 40 times leveraged long in 254.98 bitcoin and a HYPE leveraged position.
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Industry
LG Electronics expands training for heat pump engineers in South Korea
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Industry
Samsung Electronics to supply heating and cooling solutions to 370-building complex in Poland
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Crypto
Pump.fun accounts for more than a third of Solana Q1 revenue despite memecoin slowdown
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Crypto
Goldman Sachs exits spot SOL ETF as Solana weakness deepens
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Crypto
Zcash extends \'own bull market\' with chart target at $1,091
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Mobility
Tesla-led reshuffle sharpens as autonomous driving accelerates and focus shifts to robots
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Crypto
Musk comments jolt \'Scam Altman\' memecoin as it plunges, whale loses $150,000
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Industry
Samsung Electronics targets electric heating conversion market, unveils Korea-style heat pump boiler
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Industry
Samsung Electronics launches domestic EHS heat pump boiler in South Korea
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Industry
LG Electronics targets Asia-Pacific distributors with WashTower and subscription services
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Crypto
Pump.fun leads pre-seed investment in chat-based prediction market startup Pumpcade
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Crypto
Bitcoin shaken by Hormuz closure risk; Bloomberg says it could fall into $10,000 range
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Crypto
Thought it was an April Fools joke? Four bizarre coin cases that drew trillions of won
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Industry
Samsung Electronics to supply heat pump solution to Cornwall housing complex
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Industry
Samsung puts Bespoke AI Combo front and center in newlywed appliance push