Category: crypto

Kadena and Brickken have launched a testnet RWA chain that aims to tokenize around $10 million in real-world assets at mainnet launch in 2026. The partnership combines compliance with scalability, bridging traditional finance with crypto. The goal is to bring institutions on-chain and create a new benchmark for institutional adoption.

Superstate and Backpack are partnering to bring real stocks on-chain. They will use the Superstate Opening Bell platform to offer SEC-registered stocks on Solana. Unlike xStocks, this will provide direct ownership in U.S.-listed companies like NVIDIA and Tesla for non-U.S. investors, with rights like dividends and voting available. Launch details are forthcoming.

Typus Finance on Sui experienced a $3.4 million exploit due to an oracle vulnerability, causing the project to pause all smart contracts to protect users. This resulted in a 35% price drop for the Typus token. Market reaction was swift and negative, with the team actively investigating the situation.

Erebor has received preliminary conditional approval from the OCC to operate as a national bank, aiming to serve crypto, AI, and defense startups. This marks a policy shift towards allowing digital asset activities in federally chartered banks. Erebor, backed by tech entrepreneurs, plans to be a cornerstone in the innovation economy.

The Syndicate Network Collective released its first quarterly financial report under Wyoming’s DUNA framework, setting a new standard for transparency in DAOs. The report, prepared by Cowrie Administrator Services LLC, includes details on token holdings, cash position, accounting methodology, and tax classification. This move aims to improve investor confidence and reputation in the crypto industry.

Federal Reserve Governor Stephen Miran is urging for more urgent interest rate cuts in response to escalating trade tensions between the US and China. He is calling for a 1.25% cut in addition to the 0.25% cut already made in September, ahead of the upcoming Federal Reserve policy meeting. Fed Chair Jerome Powell has also…

The Bank of England will maintain limits on stablecoin holdings until it deems risks to financial stability are minimized. The plan imposes strict thresholds for individuals and corporations, with potential exemptions for major firms. The BoE and UK Treasury are also working on a resolution regime for potential stablecoin failures.

Hamilton Lane’s SCOPE fund is now on-chain through KAIO and the Sei Network, allowing qualified investors worldwide access to private credit. This move marks a significant step in institutional blockchain adoption and provides broader access to private credit investments for accredited and institutional investors.

Binance has finally completed the acquisition of South Korea’s Gopax exchange after regulatory approval, allowing it to re-enter the Korean market after a four-year absence. The deal will benefit Gopax users affected by a previous crisis and could encourage other international exchanges to seek partnerships in South Korea.

YZi Labs has invested $50 million in Better Payment Network to expand stablecoin payment infrastructure. BPN aims to enable multi-stablecoin minting, swapping, and settlement on BNB Chain, reducing fees and payment times. The investment aligns with YZi Labs’ focus on building blockchain infrastructure and expanding BNB Chain’s payment ecosystem.