Ondo Finance Clears First XRP Ledger Treasury Redemption Into Singapore Bank
In recent developments, ondo Finance has successfully piloted the first near-real-time, cross-border redemption of a tokenized U.S. Treasury fund, leveraging the XRP Ledger and Mastercard’s Multi-Token Network to bridge public…
Polymarket Odds Hit 20% for the US Government to Confirm Alien Life in 2026
In recent developments, the possibility of alien disclosure has risen, with Polymarket traders estimating a 20% chance for alien life to be confirmed by the U.S. government this year. Recently,…
UAE-regulated stablecoins to develop AED-USD conversion rails for institution…
In recent developments, the framework will enable near-instant conversion between dirham- and dollar-denominated stablecoins under the United Arab Emirates’s regulated payment token system. Looking closer, market participants highlight key drivers…
Trump-linked American Bitcoin reports $82M Q1 loss, revenue miss
In recent developments, donald Trump’s sons’ company, American Bitcoin, missed analyst revenue estimates and posted narrower losses as it ramped up its mining capacity. Looking closer, market participants highlight key…
Samourai Wallet co-founder appeals for donations to pay $2M legal fees
In recent developments, samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill were sentenced to five and four years in prison, respectively, for their involvement in the crypto protocol. Looking…
Bittrex Wants Its $24 Million Settlement Back, Now That the SEC Is Pro-Crypto
In recent developments, now-shuttered crypto exchange Bittrex settled with the SEC back in 2023 after being accused of offering illegally unregistered securities. Looking closer, market participants highlight key drivers such…
Kraken Launches US Spot Margin Trading With up to 10x Leverage
In recent developments, kraken has launched regulated crypto spot margin trading for eligible U.S. users on Kraken Pro, offering up to 10x leverage without accredited investor status. The service runs…
Kenyan Court Detains Man 7 Days Over $440,000 Crypto App Fraud Probe
In recent developments, a Kenyan court has ordered the weeklong detention of a man accused of operating a fraudulent cryptocurrency investment platform. Suspicious App Triggered Investigation A Kenyan court ordered…
Stablecoin adoption to scale on back of ‘very large’ tech firms: Bitwise
In recent developments, bitwise investment chief Matt Hougan says projections tipping stablecoins to hit $4 trillion in value by 2030 could happen if major tech firms continue to adopt them.…
Aave liquidates Kelp DAO hacker’s rsETH positions on Ethereum, Arbitrum
In recent developments, galaxy Digital’s Thaddeus Pinakiewicz noted that Aave is now only 10% short of recovering from the bad debt that hit its lending protocol after the Kelp DAO…
