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After scaling through the legislative hurdles in the Senate, the GENIUS Act may face new headwinds in the US House of Representatives. A section of House members is backing a pairing of the stablecoin bill with the crypto market structure bill as a prerequisite for smooth passage. House Receives GENIUS Act Amid Clamour For Merger
The post GENIUS Act Reaches House But Progress Hinges On CLARITY Act Merger appeared first on CoinGape.
The post Sui Price Analysis: Bullish Momentum Rises After Sui Foundation Loans Cetus Protocol appeared first on Coinpedia Fintech News
The Sui (SUI) ecosystem has experienced significant headwinds in the past few days following the Cetus Protocol (CETUS) hack. While the Sui validators stopped the majority of the stolen funds from being swapped into different chains, the network has been criticized for its centralized governance.
In a bid to ensure transparency and retain users’ trust, the Sui network has prepared an on-chain vote involving the users and validators. In the next seven days, the community will be voting on whether to undertake a network upgrade to recover the $162 million stolen by the hacker but was frozen on-chain.
Meanwhile, the Cetus Protocol announced that the Sui Foundation has offered a loan to cover the remaining $60 million, thus guaranteeing all affected users will be made whole again.
Following the announcement, SUI price gained over 5 percent in the past 24 hours to trade about $3.68 on Tuesday, during the late North American trading session. The announcement also positively impacted the Cetus Protocol, whereby CETUS price rallied over 17 percent in the past 24 hours to trade at about $0.1527 at the time of this writing.
From a technical analysis standpoint, SUI price has been preparing for a bullish continuation in the past three weeks. Furthermore, the large-cap altcoin, with a fully diluted valuation of about $36.8 billion and a 24-hour average trading volume of around $1.3 billion, has established a macro-rising trend since late 2023.
In the daily timeframe, SUI price has been consolidating in a falling symmetrical channel, potentially a bullish continuation pattern. Following today’s bullish rebound, from the lower border of the falling symmetrical channel, Sui price is well positioned to rally towards a new all-time high in the near term.
The post Sui Price Analysis: Bullish Momentum Rises After Sui Foundation Loans Cetus Protocol appeared first on Coinpedia Fintech News
The Sui (SUI) ecosystem has experienced significant headwinds in the past few days following the Cetus Protocol (CETUS) hack. While the Sui validators stopped the majority of the stolen funds from being swapped into different chains, the network has been criticized for its centralized governance. In a bid to ensure transparency and retain users’ trust, …
NFT News:- NFT market has seen significant downturn in Q1 2025. The total sales volume has dropped by 63% to approximately $1.5 billion.
As the NFT sales volumes keep sliding, a new partnership in the space is trying to bring something new for the users. The layer-2 blockchain, Mint, which connects global consumers with NFTs, has integrated data layer Noves.
For NFT builders, this means that NFT transactions would become human readable directly on-chain.
Noves is a leading blockchain data-layer provider which will now be integrated with Mint Blockchain—an Ethereum Layer-2 network.
The announcement was made via Noves’s official X account. The Noves-Mint partnership aims to elevate user clarity and safety by translating raw transaction data into plain English before execution.
At the heart of this integration are three core features:
1. Human-readable NFT transactions. This will be done by converting opaque hexadecimal call data into succinct, understandable descriptions in plain english.
2. Pre-sign safety simulations: It will enable users to preview potential outcomes – including multicall and ERC-4337 wallet interactions -before committing gas.
3. Real-time on-chain pricing: This will provide up-to-the-second NFT valuations within transaction flows to prevent slippage and mispricing.
Instant clarity
Translate API turns raw calls into plain-English actions like “Minted [BC721 eNFT]” or “Claimed royalty,” so dashboards, wallets & explorers show meaning, not hex.
— Noves (@Noves_fi) April 25, 2025
Technically, Noves’s Translate API serves as the translation engine. They parse blockchain events, function calls, and metadata URIs to generate human-friendly messages.
Mint Blockchain launched its mainnet in May 2024 and hosts over 100 dApps with 6 million+ wallets. It will embed these Noves tools natively into its SDKs and JSON-RPC endpoints.
Early adopters among Mint builders include emerging NFT marketplaces and DeFi dashboards. Many of these report that human-readable previews reduce transaction support inquiries by over 40% during internal testing.
Wallets and block explorers have long offered post-hoc decoding. But this marks one of the first on-chain, protocol-level implementations of read-before-you-send clarity. Noves and Mint are embedding translation logic directly into transaction pipelines.
This will avoid reliance on third-party services—reducing attack surfaces and central points of failure.
With the declining market, this can come as a crucial step toward broader NFT adoption.
By demystifying transaction payloads, users can gain confidence in executing complex operations. This will be especially for those involving bundled calls, custom contracts, or layered DeFi protocols.
Further, improved transparency is expected to boost Mint’s on-chain activity. It may also set a template for other Layer-2 networks seeking to differentiate via UX innovations.
The Noves–Mint partnership can also help in reducing user errors, curb phishing attacks, and foster trust in decentralized applications.
Thus, ass on-chain ecosystems grow ever more complex, bringing human readability to transaction flows can serve as a boost for the NFT market.
Also Read: New SEC Chair Impact on Crypto Market
The post NFT Transactions to Become Human-Readable After Noves-Mint Partnership appeared first on CoinGape.
HTX DAO successfully hosted the HTX DAO Dubai Whale Night 2025, bringing together top builders, investors, and industry leaders for a high-impact evening of insights, product reveals, and ecosystem strategy.
The event’s central focus was a keynote speech by Justin Sun, Advisor to HTX and Founder of TRON, delivering a clear message about HTX’s momentum and vision for global expansion.
“Currently, HTX is among the top five offshore exchanges and continues to expand,” Sun stated. “We are completely focused on the Middle East and are also targeting clients from the CIS region and Europe.”
Sun also emphasized HTX’s commitment to long-term regional growth and global reach. He highlighted the platform’s U.S. ambitions, stating, “The TRX ETF application in the United States represents significant progress. Over the next few years, we will focus on U.S. development to increase our international footprint, which I think is extremely important for both HTX and our broader strategy.”
He added that HTX is expanding its trading ecosystem with projects like USDD and $TRUMP and invited users around the world to share ideas.
Molly, Spokesperson for HTX and Ambassador of HTX DAO, shared updates on platform performance and DAO integration. In Q1 2025, HTX became the only top 10 global exchange to increase spot trading volume, boasting over 50 million registered users and a 210% increase in net deposits. HTX continues to maintain a reserve ratio above 100%.
She noted that the platform’s success stems from its “security, transparency, and precise market sensitivity.” Looking ahead, HTX will strengthen DAO integration, enabling the community to participate in governance and listing decisions through decentralized voting. This blend of centralized efficiency and decentralized control is key to HTX’s future.
HTX officially unveiled its upgraded SVIP benefits system, tailored for high-frequency traders, institutional clients, and long-term holders. The system focuses on three pillars: cost efficiency, capital efficiency, and exclusive privileges.
Key highlights include:
SVIP users can further enhance returns by optimizing their Prime tier levels, potentially saving up to $10,000 in monthly fees and increasing overall yields by up to 20%.
To mark the launch, HTX is rolling out a $1 million SVIP recruitment campaign:
More SVIP-exclusive benefits will be unveiled in mid-May, further elevating the premium trading experience for top-tier clients.
As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. It pioneers a blended CeFi/DeFi paradigm, including listing and community governance, through its focus on building an exchange DAO and a free financial hub ecosystem. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.
Website: www.htxdao.com
The post HTX DAO Dubai Whale Night 2025 Concludes: Partnering with HTX to Unlock Long-Term Ecosystem Value appeared first on BeInCrypto.