Trading
Tokenization
New listing for Toncoin causes 10% surge despite Binance ‘curse’ concerns
Market experts noted that most of Binance-listed tokens this year have experienced steep declines in their values.
Bankruptcy
Defunct FTX and Alameda banned from crypto trading in $12.7 billion CFTC settlement
The CFTC settlement with the bankrupt firm prioritizes creditor's repayment.
Crypto
SEC seeks public input on NYSE proposal for Ethereum ETF options
Market observers said an approval for these products could occur by next year.
Stablecoins
Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing
Ethena Labs is bringing the rewarding USDe stablecoin to Solana blockchain.
Stablecoins
Arbitrum partners with Circle to integrate USDC for Orbit Chain gas fees
Arbitrum said the move will boost transaction processes within its ecosystem.
Investments
Grayscale adds Sui and Bittensor trusts to its crypto product suite
The new Grayscale trusts will provide investors with exposure to AI and blockchain innovations.
Crypto
IMF acknowledges progress in El Salvador’s Bitcoin strategy
The IMF highlighted the need to ensure transparency around the country's Bitcoin policy.
Technology
LiFi integrates with Solana to enhance dApp cross-chain interactions
The protocol believes the move would enhance user experience across the major blockchain networks.
Tokenization
Ripple and Dubai’s DIFC to catalyze blockchain tech expansion in the region
Ripple is also considering setting up a XRPL Foundation to boost the blockchain network growth.
Technology
Rumors Elon Musk’s X nears payment system launch, battles advertisers in court
X has rapidly acquired money tranmitter licenses across various US states over the past year.
Crypto
Core Scientific’s shares soar 18% after additional $2 billion CoreWeave agreement
The miner stated that CoreWeave will finance the modifications to its HPC infrastructure.
Exchanges
Binance thrives during market downturn with record $2 billion inflows despite India tax probe
Binance CEO Teng said the inflows shows investor's confidence in the crypto trading platform.
