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Sony Bank gets conditional OCC approval for US trust bank to issue dollar-backed stablecoin
The trust bank subsidiary, Connectia Trust, is expected to issue and manage a dollar-backed stablecoin, pending final…
Hyundai Card completes its first real-world stablecoin pilot with Avalanche, Tether
Visa and Circle will participate in Hyundai Card's second stablecoin PoC, which is set to begin later this month.
AscendEX crypto exchange shuts down, no assurance on user payouts
AscendEx announced on July 6 that its platform ceased operations effective July 1, citing regulatory, financial, and …
Sen. Wyden urges Senate leaders to preserve contested blockchain developer protections in broader crypto bill
Democratic Sen. Ron Wyden is urging Senate leaders to ensure a provision protecting blockchain software developers re…
Binance Wallet adds Plume’s yield vault offering access to Invesco and Bitwise funds
Binance Wallet has added Plume's yield vault, giving users access to tokenized funds managed by Invesco and Bitwise.
‘Best course of action:’ DeFi dashboard Zapper to shut down after 7 years
Zapper, which started as a portfolio tracker, raised a $15 million Series A led by Framework Ventures in May 2021.
Cash App owner Block to pay $45 million after states say it made false security promises
Block Inc. has agreed to pay $45 million to settle allegations brought by regulators in nearly every U.S. state.
Paradigm raises $1.2 billion fourth fund, expanding beyond crypto into AI and robotics
Crypto venture firm Paradigm has raised its fourth fund, a $1.2 billion vehicle that will invest in crypto, AI, robot…
European Commission looks to expand MiCA to cover emergence of tokenization, non-EU stablecoin issuers: report
The European Commission is reportedly seeking comment from stakeholders on expanding MiCA rules until Sept. 30.
Cardano founding entity EMURGO steps down from Pentad governance role after wallet exploit
The exploit, which leveraged a flaw in the wallet's address generation system, drained roughly 16 million ADA worth a…
Dinari, tZERO join forces on turnkey platform for tokenized U.S. equities
The move comes as firms race to build the infrastructure for blockchain-based stocks and debate how tokenized stocks …
Ripple becomes Kansas Jayhawks sports sponsor with XRP patch to appear on jerseys
Besides the sports partnership, Ripple has committed to fund financial and technology education programs for student-…
Strategy’s 3,588 BTC sale puts future bitcoin selling in focus: analysts
Strategy sold 3,588 BTC last week, with CF Benchmarks suggesting continued sales would become a concern if they stop …
BNB Chain builds new Layer 1 for agentic trading, targets 2027 mainnet
BNB Chain is building a new Layer 1 for agentic trading with sub-50ms preconfirmation and no public mempool, targetin…
India central bank seeks to bar financial institutions from exposure to crypto assets: Reuters
India's central bank called for banks to be barred from crypto exposure as it reiterated support for tighter restrict…
Bitcoin ETFs draw $500M but weak demand leaves rebound exposed
US spot Bitcoin exchange-traded funds drew nearly $500 million across the last two trading sessions, giving traders t…
Nigel Farage to quit UK Parliament, seek new mandate amid probes into crypto-linked gifts
Nigel Farage resigned as an MP amid two probes over gifts from Tether investor Christopher Harborne and convicted fra…
Tom Lee’s Bitmine adds $70 million worth of ETH to treasury: onchain analyst
Bitmine's most recent disclosure shows that it holds 5.74 million ETH, roughly 4.8% of Ethereum's circulating supply.
Federal judge denies Kalshi’s bid to block New York gambling law enforcement
The judge said New York gambling laws, as applied to Kalshi's sports-event contracts, are not preempted by the federa…
Kraken wins $22 million arbitration against auditor Mazars for ditching the firm during Operation Choke Point 2.0
Payward sued its former auditor, Mazars, for abandoning a nearly complete audit during Operation Choke Point 2.0.
Solana’s $8.7B RWA surge shows tokenized assets are finally starting to move
RWA.xyz data shows Solana's RWA transfer volume more than doubled over 30 days, shifting the adoption signal from tok…
CFTC charges North Carolina man over alleged $14 million crypto, futures fraud
The CFTC charged a NC man and his company after the agency said he swindled about 60 people out of $14 million in a c…
Jack Mallers’ Strike launches ‘volatility-proof’ bitcoin loans built to protect against liquidation
Collateral can be partially liquidated, however, if a borrower misses an interest or maturity payment and fails to pa…
Russia’s legal crypto on-ramp to arrive with a state-owned bank holding the keys
The reported December launch matters because Russia’s new rules may make custody, limits, and compliance the price …
BlackRock-backed Securitize slides 40% after SPAC debut despite tokenization boom
The decline fits into a pattern of recently-public digital asset companies sliding after debut, Arca's Jeff Dorman said.
ZEC jumps 12% as Zcash nears mathematical proof against hidden counterfeit bugs
Project Tachyon outlined new details of its verification effort for Zcash's upcoming Ironwood shielded pool.
SBI Holdings is sole investor in crypto platform EDX Markets’ $76 million Series C
Institutional crypto platform EDX Markets has closed a $76 million Series C funding round, with Japan's SBI Holdings …
Ondo Finance says tokenized stocks can now be used as collateral for perp trading
Last year, the tokenized real-world asset issuer launched 24/7 onchain access to more than 100 U.S. stocks and ETFs.
SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08…
U.S. SEC to propose crypto rule as soon as this month to ease startups, fundraising
A newly updated agenda from the securities regulator shows so-called Reg Crypto high on its near-term list.