Former NYC Mayor Eric Adams launched “NYC Token” in Occasions Sq., claiming proceeds would fund efforts towards antisemitism via an unnamed nonprofit, although he supplied few technical particulars. The token’s market cap hit US$580 million earlier than crashing 80%; on-chain analysts flagged a “rug pull” after a deployer pockets eliminatedContinue Reading
Polygon Labs acquired Coinme and Sequence for over US$250 million to construct the “Open Cash Stack,” a unified framework for international stablecoin funds. The deal integrates Coinme’s US money-transmitter licenses and 50,000 retail places with Sequence’s smart-wallet tech to simplify cross-chain transactions. Polygon goals to turn out to be aContinue Reading
Franklin Templeton up to date two Western Asset cash market funds to align with the GENIUS Act, qualifying them to be used in regulated US stablecoin reserves. The Treasury Obligations Fund now solely holds short-term US Treasuries (93 days or much less), assembly strict new federal security requirements for backingContinue Reading
South Korea permits corporations and buyers to allocate as much as 5% fairness to high cryptocurrencies. Break up trades and worth limits purpose to handle volatility and liquidity dangers successfully. The coverage diverges from Hong Kong and Japan, that are tightening company crypto oversight. Almost US$110B (AU$166.1B) in crypto belongingsContinue Reading
Technique (MSTR) bought an extra US$1.25 billion in Bitcoin, bringing its whole holdings to 687,410 BTC at a median entry value of US$75,353. The corporate’s whole stash is presently price roughly US$62.3 billion, representing greater than US$10 billion in unrealised features with Bitcoin buying and selling round US$90,600. Technique raisedContinue Reading
Commonplace Chartered expects Ether to outperform Bitcoin over time, with the ETH–BTC ratio recovering towards 2021 highs regardless of near-term market weak point. The financial institution lower its medium-term Ether forecasts however raised its long-term outlook, projecting ETH might attain US$40,000 (AU$60,400) by 2030. Regulatory progress, Ethereum’s dominance in stablecoinsContinue Reading
Cardano founder Charles Hoskinson believes the crypto market construction laws often called the CLARITY Act is unlikely to go into legislation in Q1 of 2026. Hoskinson additionally mentioned if the invoice fails to go in Q1, the Trump administration’s ’crypto czar’ David Sacks ought to resign from his place. HeContinue Reading
World Liberty Monetary launched World Liberty Markets, an on-chain lending platform that enables customers to borrow or provide belongings like Ether and Bitcoin for yield. The information comes shortly after WLF utilized for a nationwide belief financial institution constitution with the US OCC to help the institutional use of itsContinue Reading
SEC Chair Paul Atkins famous that any potential US seizure of Venezuela’s alleged US$60 billion Bitcoin hoard stays unsure and falls below the administration’s broader jurisdiction. Blockchain forensics corporations and analysts haven’t verified the rumored 600,000 BTC, with some discovering no proof of such large-scale holdings in state-linked wallets. SpecialistsContinue Reading
Meld Gold launched gold and silver tokens on the XRP Ledger, every backed by one gram of bodily metallic held by third-party suppliers. Proponents declare the XRPL’s 24/7 settlement and built-in AMM instruments make it a superior technical match for buying and selling tokenised metals. Regardless of the tech readiness,Continue Reading
