Category: crypto

NYSE Arca submitted a proposed amendment to Rule 8.201-E to the SEC on April 27, naming XRP as an eligible asset for commodity-based trust shares alongside Bitcoin, Ethereum, and Solana. The filing requires trusts to hold at least 85% of net asset value in qualifying digital assets, with the SEC opening the proposal for public…

Ripple Prime is partnering with Bullish to offer clients access to regulated Bitcoin options. Additionally, Ripple and OKX are working together to bring RLUSD to compliant markets. This expansion comes after Ripple’s $1.25 billion prime-broker acquisition, allowing Ripple Prime to scale institutional brokerage services.

Blockchain finance startup Fence has received $20 million from Galaxy Digital to bring blockchain infrastructure to the $6 trillion U.S. asset-backed finance market. Fence aims to automate and improve asset-backed lending workflows that are currently manual. The funding will support growth and product development as Fence deepens integrations with financial institutions.

Senator Cynthia Lummis spoke at the Bitcoin 2026 conference about the importance of passing the CLARITY Act before the May markup window closes. She highlighted the rare alignment between the House, Senate, and White House on crypto legislation and emphasized the need to secure this support before it potentially changes due to the midterm elections.

U.S. Senator Thom Tillis is working to advance the CLARITY Act in the Senate Banking Committee after the May recess. He plans to release updated text on stablecoin yield before a hearing and supports protections for non-custodial crypto developers proposed by Senator Cynthia Lummis. Discussions are ongoing regarding stablecoin rewards and developer protections in the…

On April 27, 970,430 LINK tokens worth $8.95 million were withdrawn from centralized exchanges, marking the largest single-day net outflow for Chainlink since December 2, 2025. Exchange reserves have been declining for 25 days, dropping from 141.5 million to 130.9 million tokens. XRP also saw a significant outflow during the same period.

A $59 million RLUSD settlement was completed on the XRP Ledger with a fee of $0.000188, showcasing Ripple’s ability to handle large cross-border settlements efficiently. This transaction highlights the institutional scale at which the XRP Ledger can operate, offering a cost-effective and speedy alternative to traditional settlement methods like SWIFT.

Pi Network’s token price rose over 5% on April 29 ahead of Consensus 2026 where co-founders Dr. Chengdiao Fan and Nicolas Kokkalis will speak. Dr. Fan will discuss Pi Network’s human verification model, while Kokkalis will address the protocol’s proof-of-personhood infrastructure. Pi Network has seen significant growth with over 421,000 active Mainnet nodes and 10…

BNB Chain saw a significant increase in on-chain AI agent deployments to over 150,000 by April 2026, a 43,750% rise from January. Binance launched the Agentic Wallet, allowing AI bots to trade and transfer tokens for users without accessing their primary accounts. BNB’s price resilience and growth were attributed to the demand from AI agent…

Acting Attorney General Todd Blanche and FBI Director Kash Patel reassured Bitcoin developers at the Bitcoin 2026 Conference that they will not be investigated or charged if they write code without knowingly helping users commit crimes. Both officials emphasized a shift in focus towards crypto fraud networks and clarified the DOJ’s stance on developer liability.