$12 Billion Disappears in 2 Months While Tether Refuses to Flinch – Bitcoin News
Key Takeaways Defillama data shows stablecoins lost $12.4B since May 17, 2026, marking the biggest pullback since 2022. Tether’s USDT held $184.1B as Sky’s USDS dropped 12.3%, revealing widening issuer divergence. Global Dollar’s USDG climbed 9.08%, signaling yield and utility…
Drake Drops $1.5M USDT Bet on Argentina Despite Spain’s World Cup Edge
Key Takeaways Drake bet $1.5 million in USDT on Argentina at +245 odds through Stake ahead of the July 19 final. Drake has lost $5.7 million in public bets since Kendrick Lamar’s Euphoria dropped on April 30, 2024. Polymarket traders…
$5.5B Wagers Back Spain to Crush Argentina
Key Takeaways Polymarket’s $4.28B World Cup market and Kalshi’s $1.29B market both favor Spain at 59%. Messi leads Golden Boot odds at 57% on Polymarket and 56% on Kalshi ahead of Sunday’s final. Spain and Argentina meet Sunday, July 19,…
Why Crypto Tokenization Fails—and the One Mistake Institutions Keep Making
Key Takeaways Traditional finance relies on manual checks, but Zignaly has scaled to over 500,000 users to disrupt this. Abdul Rafay Gadit explains how Zigchain integrates compliance rules natively into assets to streamline settlement. Rather than using speculative tokens, next-gen…
Fhenix Upgrades Sedona With Confidential FHE to Keep Balances Hidden From AI Agents
Key Takeaways Sedona partnered with Fhenix on July 15 to integrate default cryptographic encryption into its system. The FHE shift removes 100% of reliance on trusted hardware, setting a new standard for private DeFi apps. Next, Sedona will deploy the…
SBI Holdings Acquires Coinhako Majority Stake, Deepens its Asia Crypto Footprint
Key Takeaways SBI acquired control of Coinhako on July 16 after MAS approval, expanding its Singapore footprint. Coinhako gives SBI a regulated Singapore base, tightening competition across Asia’s crypto market. SBI plans stablecoins and tokenization, building on Bitbank’s $289M deal…
NSPK CEO Declares the End of Visa and Mastercard in Russia
Key Takeaways Mir cards captured 85% of Russia’s market as sanctions rendered Visa and Mastercard effectively useless. Remaining foreign cards will soon fail due to physical wear and the expiration of security certificates. Russia’s central bank announced a gradual phase-out…
Ripple Commits $250,000 to 25 Veteran-Owned Businesses Through Hire Heroes USA
Key Takeaways Ripple committed $250,000 to 25 veteran- and military spouse-owned businesses selected by Hire Heroes USA. Each recipient receives training and access to more than 20,000 military-connected candidates seeking civilian employment. Future hiring, retention, and business-growth data will help…
T. Rowe Price Launches Active Spot Crypto ETF With BTC, ETH, XRP Among Top Holdings
Key Takeaways T. Rowe Price, which manages $1.89 trillion in client assets, combines multiple spot crypto assets in an actively managed portfolio. BTC represented 41.13% of holdings, while ETH, BNB, SOL and XRP formed the next-largest positions, according to latest…
Underdog Files First 7 Sports Contracts for Its Own Prediction Exchange
Key Takeaways UDX self-certified seven sports contract templates with the CFTC on July 15. Filings target first contract listings no later than July 17. Underdog bought Aristotle’s exchange and clearing entities in March. Underdog moves from distributor to exchange operator…
