Nasdaq CEO says tokenization could unlock billions
Nasdaq CEO Adena Friedman has said blockchain tokenization could release tens of billions of dollars currently tied up as collateral in global financial markets, while creating opportunities for financial institutions to move toward round-the-clock trading. Summary Nasdaq CEO Adena Friedman…
BTC, ETH, XRP Crash Sparks Whale Accumulation as Buy Signals Appear
It was a tough week for the crypto markets, but here are the good news. Most major cryptocurrencies tanked over the past several days, led by bitcoin’s nosedive from $87,000 to under $81,000, which became its lowest price tag…
Hyperliquid sees $20M ETH trades: Was Papertrade exploited?
Decentralized trading platform Papertrade has faced allegations of price manipulation after two cryptocurrency wallets reportedly used trades worth around $20 million on Hyperliquid to move Ethereum prices by 0.1%–0.2% while holding positions worth hundreds of millions of dollars. Summary Papertrade…
China’s Gold Buying Spree Accelerates as Central Banks Keep Stockpiling Bullion
China has accelerated its gold accumulation spree again, with its streak lasting almost two years straight. The Asian country has added another 23 tonnes of gold to its reserves in September, which became its largest monthly purchase in roughly…
Crypto Funds See 4th Week of Outflows, but XRP and SOL Shine: CoinShares Report
Four consecutive weeks of crypto fund outflows hit $3.74 billion, but altcoins outperform as US investors retreat from the market. Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative…
Hayden Davis Resurfaces After LIBRA Crash, But His Latest Trades Are Deep in the Red
Bubblemaps found that Hayden Davis, who was involved with LIBRA and YZY tokens, has resumed on-chain trading, but recent Solana meme coin bets resulted in nearly $3 million losses. A year after Bubblemaps first detailed the on-chain mechanics behind…
Solana Growth Signals Hope Despite Woes
Data from Santiment shows new wallet creation rising even as prices slump, hinting network curiosity hasn’t faded with sentiment yet. The price of Solana’s native SOL token is near $84, after a steep, multi-month slide that erased nearly 67%…
How a Wallet Compromise Killed the Solana DeFi Aggregator
After exploring fundraising and acquisition options, the teams concluded that no sustainable recovery path existed following the breach. Solana-based DeFi aggregator, Step Finance, along with two other affiliate projects, SolanaFloor and Remora Markets, announced plans to shut down all…
Strategy Launches Bitcoin Bank Adoption Index With 32% Overall Score
Key Takeaways Strategy’s Bitcoin Banking Adoption Index compares public adoption signals across trading, custody, products, lending and executive activity. Fidelity leads the ranking at 71%, followed by BNY at 46% and Goldman Sachs at 45%. The index’s 32% overall score…
Bitcoin Faces $8B Attack Risk, Ethereum More Secure
Some observers argue that the biggest concern may not be profit, but whether a state-backed attacker would accept losses to damage Bitcoin. A Duke University finance professor, Campbell Harvey, has said that a 51% attack on Bitcoin, long dismissed…
Aave adopts Chainlink CCIP as default engine for cross-chain actions
Aave has expanded its use of Chainlink’s Cross-Chain Interoperability Protocol (CCIP), making it the default infrastructure for cross-chain activity across its ecosystem. Summary Aave has made Chainlink CCIP its default infrastructure for cross-chain operations. CCIP now powers deposits, withdrawals, Stable…
Bitmine Raises Ether Holdings to 5.77 Million, Reaches 4.8% of Ethereum Supply
Key Takeaways Bitmine raised its holdings to 5.77M ETH, reaching 96% of its 5% ethereum supply target. MAVAN now stakes 4.92M ETH, with projected annualized staking revenue of $242M. Tom Lee says Robinhood Chain could boost ethereum adoption through ETH-based…
Thailand Mount Major Anti-Crypto Crackdown: We’re Coming For Your Stablecoins
Thailand’s Bank of Thailand (BOT) has launched a sweeping anti-money laundering offensive targeting USDT stablecoin transactions, cash flows, and gold trading – and the scale of enforcement suggests this is not a routine compliance update. The central bank is working…
South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst
Despite the broader selloff, analysts argue that BTC has shown relative strength by holding important support levels during market stress. South Korea’s KOSPI index fell 8.95% on July 13 after an intraday circuit breaker was triggered, with chipmaker SK…
SBI Holdings and Solana Foundation Partner to Launch Japan’s On-Chain Financial Markets
Key Takeaways SBI Holdings and Solana formed SBI Solana Global to connect Japan’s economy with international liquidity. The venture will launch stablecoins and tokenized assets, aiming to make Japan an Asian on-chain hub. The alliance plans to build cross-border AI…
SpaceX slips below $140 despite FAA clearing Starship for launch
SpaceX stock has fallen below the $140 level even after the U.S. Federal Aviation Administration completed its review of the company’s Starship Flight 12 mishap and cleared the path for the next launch. Summary SpaceX stock has dropped below $140…
Aave Launch Stablecoin Vaults as DeFi Prepares For USD Boom
Aave Labs has launched Stable Vaults, a plug-and-play smart contract infrastructure that lets neobanks, wallets, payment apps, and fintechs offer fixed-rate stablecoin yield to their users, no custom DeFi backend required. The product converts variable on-chain lending rates from Aave…
L2 Posts More Than $3 Billion in DEX Volume With 7 Million Daily Transfers
Key Takeaways Robinhood Chain generated over $3 billion in decentralized exchange ( DEX) platform volume over its first full week, according to defillama.com. Morpho Blue holds $89.04 million of the chain’s $139.78 million in total value locked. Just $13 million…