Category: crypto
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Visa taps Aquanow to expand stablecoin settlement in CEMEA
Visa has partnered with Aquanow to enhance stablecoin settlement capabilities in the CEMEA region, allowing for faster, more cost-effective transactions. This builds on Visa’s successful 2023 stablecoin pilot and meets the increasing demand for efficient cross-border transactions. Visa’s stablecoin settlements have reached a $2.5 billion annual run rate, showcasing their success in digitizing money movement.
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Nasdaq wants to let Bitcoin options run wild
Nasdaq ISE wants to increase the trading cap for BlackRock’s iShares Bitcoin Trust ETF (IBIT) options from 250,000 to 1 million contracts due to high demand. Deribit holds the record in BTC options open interest with nearly $50.27 billion, but Nasdaq ISE is catching up with growing institutional demand for IBIT options.
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Ripple RLUSD stablecoin surpasses $1b in supply on Ethereum
Ripple’s RLUSD stablecoin surpassed $1 billion on Ethereum in less than a year since launch. It recently gained regulatory approval in Abu Dhabi, showing its commitment to compliance and trust for institutional investors. This approval is part of Ripple’s efforts to expand in the Middle East and Africa through strategic partnerships.
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NFT Market Rises 9.78% to $77M as Buyers Surge Sharply
NFT sales volume increased to $77.04 million, up from last week’s $72.53 million. Market participation surged with buyers increasing by 25.34% and sellers by 15.56%. Bitcoin and Ethereum prices rose, with the global crypto market cap at $3.09 trillion. Top NFT collections and blockchains also saw gains in sales.
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Crypto VC Funding Surges to $10.46B on Dunamu Buyout
The week of November 23-29, 2025, saw significant crypto VC funding activity totaling $10.46 billion across 10 projects. The highlight was Naver Financial’s $10.3 billion acquisition of Dunamu. Other notable investments included Paxos acquiring Fordefi for $100 million and raises for Figure, Gonka, and SpaceComputer. Multiple early-stage projects also secured funding.
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Ethereum layer-2 project Megaeth to refund $400m after USDM launch failure
MegaETH, an Ethereum Layer-2 project, is refunding over $400 million in pre-deposit funds due to technical failures during the launch of its native stablecoin, USDm. A misconfigured multisig transaction and third-party bridge issues caused the deposit platform to reopen early. Refunds are pending a smart-contract audit, with plans for a redesigned bridge before the mainnet…
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Everdawn labs’ Omnichain stablecoin USDT0 tops $50b in transfers
Everdawn Labs’ USDT0 stablecoin, pegged to Tether, has seen over $50 billion in transfers across 15 networks, with significant volume in the last month. Launched in 2025, the token processes transactions on various chains, providing infrastructure for payments and settlement. It is part of Everdawn Labs’ omnichain strategy.
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BitMine expands Ethereum holdings with $44M ETH buy
BitMine Immersion Technologies, led by Tom Lee, purchased 14,618 ETH worth $44.34 million. The firm now holds 3.63 million ETH, representing 3% of the total supply. BitMine plans to stake ETH through its Made in America Validator Network pilot in 2026. The company’s strategic shift towards Ethereum has been funded by raising $7 billion and…
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Solana browser extension ‘Crypto Copilot’ exposed for diverting user funds in secret trades
The Chrome Solana extension ‘Crypto Copilot’ has been found to covertly divert user funds in swaps by embedding hidden transfer instructions in transactions. This incident highlights the security risks associated with browser-based cryptocurrency tools and the importance of user transaction verification to prevent unauthorized fund diversions.
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South Africa shelves retail CBDC plans as central bank focuses on wholesale use cases
South Africa’s central bank has determined that there is no immediate need for a retail central bank digital currency (CBDC). The bank will focus on strengthening core financial infrastructures and expanding access to financial services. The country is also facing risks from the surge in stablecoins and cryptocurrencies, prompting the central bank to work on…