Author: BlockWeeks Weekly In the cryptocurrency market, if you only look at market cap, you'll see a thriving, flourishing digital utopia. Valuations in the hundreds of billions of dollars, grand technical whitepapers, the halo of Turing Award winners... everything seems to be the dawn of the next-generation internet. But if you change your perspective — viewing only the “on-chain real revenue (Fees)” — you'll see a completely different, even chilling scene: in this so-called trillion-dollar market, the vast majority of “unicorns” are actually zombie companies that have long since ceased to breathe. Recently, BlockWeeks conducted a detailed analysis of the “Fees” data from DeFiLlama's public chains, and we discovered an unavoidable structural problem: crypto public chains have entered a phase of “extreme profit concentration and long tail collective zombification.”

A money laundering network worth billions of pounds operating across 28 cities and towns in the UK has moved profits from drug trafficking, weapons, and organized crime into crypto, with some of the funds allegedly helping Russia evade sanctions and finance the war, according to the NCA. The agency's operation

The National Crime Agency (NCA) of the United Kingdom recently uncovered a massive Money Laundering network active in the UK and globally. This network not only converts billions of dollars in criminal proceeds from cash to Crypto Assets but has also been found to acquire foreign banks to evade sanctions, directly providing funding support for Russian military operations and intelligence activities. The investigation, codenamed "Operation Destabilise," reveals an astonishing direct link between drug trafficking on the streets of the UK and state-level military procurement in Russia. Operating Model: From Street Money Laundering to National-Level Sanction Evasion NCA pointed out that the criminal network has established bases in at least 28 towns in the UK. Its grassroots operations rely on "cash couriers," who are responsible for collecting the "dirty money" from drug trafficking, arms smuggling, and human trafficking crimes, and charging fees to convert it into "clean" Crypto Assets.

In brief The UK's Operation Destabilise has entered its second phase, and has now made 128 arrests and seized over $32 million in cash and crypto. The operation led by the National Crime Agency has revealed that Russia-linked couriers operate in at least 28 UK towns and cities. One of the

Towns combines on-chain governance, token-gated access, and encrypted messaging to create secure, ownable community spaces in Web3. The $TOWNS powers staking, governance, and premium features, with a flexible delegation model to balance network security and participation. Future growth

Binance has launched TOWNS Spot trading and started a celebration event, offering a total of 35,000,000 TOWNS in rewards. New users can participate through deposit and trading, with a chance to earn up to 70,000 TOWNS. The event runs until August 19, 2025, and there are additional sign up benefits.

TOWNS Crypto Assets have recently suffered a severe setback, with prices plummeting from $0.088 to $0.035, a drop of as much as 50.79%. The trigger for this crash came from Whales massively transferring Tokens to exchanges, causing panic in the market, and retail investors followed suit by selling off. The market capitalization instantly shrank from $163 million to $86.3 million, and TOWNS is facing greater downtrend risks. This article will combine on-chain data and futures indicators to deeply analyze TOWNS' current predicament and future risks.

The community token Towns (TOWNS) is facing an epic selling spree! The price has plummeted 50.79% from its historical high of $0.088, touching a low of $0.035, marking a new historical low. As of the time of writing, it has slightly rebounded to $0.039 (a 29% rebound from the lowest point), but the market capitalization has drastically shrunk from $163 million to $86.3 million. On-chain data reveals the culprit behind the big dump: Whale's precise high-position selling triggered retail investors to follow suit in dumping, with the spot and futures markets simultaneously bearish. This article deeply analyzes Whale movements, spot selling pressure, futures short positions, and key support levels for the future market, revealing the risks of the cryptocurrency market behind the token's flash crash.

Original | Odaily Daily Report Author | Asher Last night, Towns, led by a16z Crypto with a funding of 46 million USD, finally launched its TGE and opened the airdrop claim (for a detailed introduction to the Towns project, please check: Towns, which raised 46 million USD, is about to go live, and the airdrop is likely to be "small毛"?). However, the major 毛撸 communities did not erupt in a celebration of "big毛"; instead, they were drowned out by a wave of skepticism regarding the project's airdrop mechanism: The number of points and airdrops are not proportional, and the level of activity has nothing to do with the airdrops; big players lose money, and real people lose money. After sticking to daily check-ins for a few months, the airdrop received in the end is not as much as what Binance Alpha gives. It's not easy to finally get the airdropped coins, and I have to stake them for 30 days to earn an additional 50% of the coins, this part.

Fast communication is a crucial aspect in the present time. Projects related to communication have also been launched in crypto, such as the primary token associated with Telegram Toncoin (TON), which is among the most well-known. However, a protocol that lets developers create decentralized

Coinbase bir günde Towns Protocol ve Mamo'yu Base ağında, Euler ve Succinct'i ise Ethereum üzerinde dahil ederek dört yeni kripto para birimi ekledi. Coinbase'de listelenmek, projenin görünürlüğünü ve yatırımcı güvenini artırarak fiyat ve büyümeyi potansiyel olarak etkileyebilir.

Key Takeaways: Binance reveals TOWNS as the 30th project on HODLer Airdrops with 305M tokens distributed. Users who subscribed BNB to Simple Earn or On-Chain Yields from July 14–17, 2025 are eligible. Spot trading for TOWNS begins on August 5, 2025 at 14:30 UTC, with five trading pairs and no li

The Towns project is about to launch on Binance Alpha and will conduct a token airdrop for participating users, with a total token supply of 10 billion coins and an airdrop proportion of nearly 10%. There are close to 400,000 points users, and every 10,000 points can be exchanged for 2,500 TOWNS. The estimated value of the airdrop is about 120 USD. Users need to remain active to obtain more tokens.

The cryptocurrency landscape is constantly evolving, with new projects emerging and established platforms expanding their offerings. A recent announcement has sent ripples of anticipation through the community: the upcoming listing of TOWNS crypto on Binance Alpha, scheduled for August 5th. This

Blockchain ecosystems like Ethereum and Solana host many decentralized applications, yet a large percentage are inactive and generate no revenue, resembling "hidden unemployment." This creates economic waste, security risks, and poor user experience, highlighting the need for better support and filtering of active protocols.

AX1 Syndicate is a dynamic VC that recently emerged as the largest on-chain community on the Towns platform, achieving this milestone in just two months. The group has quickly scaled to nearly 10,000 active members, demonstrating strong engagement and momentum within the growing web3 ecosystem. Tow

Southern Israel is experiencing widespread power outages after an Iranian missile reportedly struck near a strategic infrastructure facility, causing significant disruption to the regional electricity grid. The Israel Electric Corporation confirmed the power failures, with multiple towns affected

History books are filled with towns that have exploded in growth because someone built the road before the crowd arrived. Electronic Money is no exception. Blockchain, with its smooth pathways and low costs, attracts more new capital and talent to develop compared to those blockchains that do not. In that direction,

HomeNews Bitcoin mining facilities in small U.S. towns have generated significant mechanical noise, disrupting local residents and raising health concerns. The process of cryptocurrency mining relies on powerful computers and industrial cooling systems, which produce ongoing noise pollution.

Travel to South Africa's Garden Route for a unique blend of nature, wildlife, and culture. Explore national parks, charming towns, and Bitcoin-friendly experiences for a memorable journey.

Source: Cointelegraph Original text: "The Future of Cryptocurrency in Nigeria: Striking a Balance Between Innovation and Regulation" Author of the opinion: Mohammed Idris, Minister of Information of Nigeria In recent years, Nigeria has become one of the most active and vibrant cryptocurrency markets in the world. From the bustling tech hubs of Lagos to grassroots communities in small towns, young Nigerians are starting to use cryptocurrency to tackle basic economic challenges, from combating inflation to accessing global markets in ways that traditional finance cannot offer. As the Minister of Information, I have witnessed firsthand the importance of digital innovation in Nigeria's narrative. Cryptocurrencies, blockchain technology, and other digital assets are no longer marginal to our economy; they are rapidly becoming central to how our people trade, create, and build. However, despite the new opportunities brought by the popularity of cryptocurrencies, it does not

Factories across China are scaling back operations, sending workers home, and halting production lines as US tariffs imposed by President Donald Trump squeeze Chinese exports. The slowdown has reportedly spread across multiple provinces but is straining industrial towns the most. In provinces

According to Foresight News statistics, from April 5, 2025, to April 11, 2025, there were a total of 13 investment and financing events in the crypto market, including 2 in tools and infrastructure, 3 in the Decentralized Finance sector, 3 in asset management, 1 in blockchain gaming and NFT, and 4 in the Web3 sector. The total disclosed investment amount is approximately 184 million USD. Summary chart of the total amount of disclosed financing and the number of financing transactions at the weekly level: The investment and financing projects this week are sorted by financing amount as shown in the figure below: This week, there were 5 transactions of financing worth tens of millions of dollars, including the Web3 social protocol Towns Protocol completing a $10 million Series B funding round, a16z.

Athens, Georgia, is home to the University of Georgia, where police have become familiar with common types of crime in college towns, such as burglaries, bar fights, and riots. But on the evening of March 13, 2019, the local police received a call from the other. The caller was 28-year-old Jimmy Zhong, a bar frequented local and University of Georgia alumnus. In addition to loving parties, he is a computer expert with advanced digital surveillance systems installed in his home. At the time, the Jimmy Zhong reported to the police that he had hundreds of thousands of dollars in cryptocurrency stolen from his home. The thought of the lost money made Zhong's heart ache. According to the recording obtained by CNBC, Zhong said to the operator at the time: "I have a panic attack." ...

Compiled: BitpushNews Yanan; Source: CNBC Athens, Georgia, is home to the University of Georgia, where police have become familiar with common types of crime in college towns, such as burglaries, bar fights and riots. But on the evening of March 13, 2019, the local police received a call from the other. The caller was 28-year-old Jimmy Zhong, a frequented bar local and University of Georgia alumnus. In addition to loving parties, he is a computer expert with advanced digital surveillance systems installed in his home. At the time, the Jimmy Zhong reported to the police that he had hundreds of thousands of dollars in cryptocurrency stolen from his home. The thought of the lost money made Zhong's heart ache. According to recordings obtained by CNBC, when...

Written by: 1KX Compiled by: Shenchao TechFlow “Infrastructure (ghost towns) is everywhere, and no one is doing real encryption applications.” Investors in the encryption industry once complained, but this still cannot stop the enthusiasm of capital to bet on various infrastructures. Recently, the well-known overseas encryption VC 1kx published an article stating that they are focusing on consumer applications. 1kx investor Peter said that the next biggest economic opportunity bigger than Ethereum itself is not to launch another L1/2, but to build something that has never been done before. consumer products and virtual worlds that have ever existed. In terms of encryption consumer applications, what directions has 1kx invested in, and what areas will it focus on next? The following is a summary of the core content. Two years ago, 1kx began expanding its focus into the consumer track. While the infrastructure portfolio remains at our core, it is clear that the infrastructure technology stack is maturing and can be brought to the mass market...

In the AI Town released by a16z, each AI character will have a social "memory", and everyone's story lines are intertwined, making the virtual town no longer "virtual".