Market
Analysis
Whale’s $2.6 billion Bitcoin sale fueled weekend crash amid ETH buying spree
The massive BTC-to-ETH shift fuelled Hyperliquid's rise to highest trading volume in its history.
Tokenization
76% of Japan’s banks eye tokenized securities as SBI bets on Chainlink
SBI's financial expertise meets Chainlink's tech infrastructure to unlock benefits for Japan’s digital asset ecosystem.
TradFi
SharpLink stock soars 15% after $1.5B buyback plan amid Ethereum market rally
SharpLink wants to bolstes investor confidence with strategic buyback to enhance Ethereum value per share.
Hacks
Crypto investor loses $1M in Uniswap scam exploiting Ethereum’s EIP-7702
Security experts noted that malicious actors are increasingly using Ethereum's EIP-7702 feature to siphon assets.
Stablecoins
Ethena Labs targets $20B USDe growth as it adds BNB, XRP, HYPE to its collateral framework
By adding high-liquidity tokens as collateral, Ethena Labs aims to minimize risks and boost USDe stability.
Analysis
Powell’s ‘dovish’ comments trigger crypto market cap climb to above $4 trillion
With odds of a rate cut at 90%, Powell's dovish tone sparks crypto rally and substantial losses for price speculators.
Regulation
Pennsylvania bill could jail officials who hold crypto after 90 days
Lawmakers face $50,000 fines and prison if caught holding digital assets.
ETFs
Ethereum ETFs draw $287 million in inflows after 4 day outflow streak
BlackRock led the Ethereum ETF inflow surge with a $233.5 million boost.
Legal
FTX creditors sue Kroll for mishandling claims, exposing sensitive data
The FTX creditors are demanding for change in Kroll's communication and security protocols.
Stablecoins
Ripple’s RLUSD stablecoin to enter Japanese market by 2026
By teaming up with SBI VC Trade, Ripple plans RLUSD launch aligning with Japan's stablecoin regulatory reviews.
Adoption
Coinbase’s Brian Armstrong envisions $1 million Bitcoin by 2030
Brian Armstrong cites stablecoin laws and ETF interest as catalysts that could push Bitcoin's $1 million rise.
Stablecoins
MetaMask enters stablecoin scene with mUSD launch on Ethereum and Linea
With MetaMask card integration, mUSD users can anticipate spending dollars digitally both onchain and in real life.