Category: crypto

Centrifuge and Pharos have partnered to enable tokenized U.S. Treasuries and AAA-rated credit products onchain. The collaboration aims to improve institutional asset accessibility by providing a framework for distribution and operation. This partnership addresses the challenges faced by institutional onchain finance and aims to make tokenized assets actively usable within onchain financial systems.

Bitcoin fell by more than 2% to $67,000 due to broader market risk aversion. Tech and crypto are under pressure, while travel-related stocks showed strength. Debate continues on whether Bitcoin’s recent decline is nearing a bottom or has further to go. Analysts point to past cycles to make predictions about the current market situation.

The XRP Ledger has climbed to sixth place among blockchain networks by tokenized real-world asset value, surpassing Solana and approaching BNB Chain. It added $354 million in tokenized assets over the past 30 days. The growth occurred despite a decrease in XRP’s market price. If the trend continues, it may challenge BNB Chain’s position.

Figma partnered with Anthropic to launch Code to Canvas, which converts code generated in AI tools into editable designs on Figma’s platform. Anthropic released Claude Sonnet 4.6 alongside the partnership, offering improved performance and safety features. Users preferred Sonnet 4.6 over previous models for its consistency and adherence to instructions.

Bridge, a stablecoin platform acquired by Stripe, has received conditional approval from the OCC to become a federally chartered national trust bank. This approval would allow Bridge to issue stablecoins, store digital assets, and monitor reserve funds. Other major cryptocurrency companies have also received conditional approvals for federal charters.

Cryptocurrency exchange Gemini is restructuring its leadership by having three senior executives depart to focus on specific regions and reduce costs. The company plans to fill the roles internally and concentrate on the U.S market. Financial results for the previous year showed increased users but significant losses in operating expenses.

Vitalik Buterin emphasized that users do not need to share his personal views to use Ethereum, as the platform is neutral infrastructure. He argued that criticizing applications built on Ethereum does not amount to censorship, highlighting the importance of open criticism in open systems. Ethereum is neutral, even if its co-founder is not.

ZeroLend, a decentralized lending protocol, is closing down after three years due to sustainability challenges and operational risks. Users are advised to withdraw their funds as most markets are now at 0% loan-to-value. The team plans to upgrade smart contracts to recover assets locked in illiquid chains.

Kraken, a crypto exchange, will sponsor Trump Accounts for children born in Wyoming in 2026, providing financial contributions to eligible accounts as part of a federal program. Wyoming Senator Cynthia Lummis welcomed this move, emphasizing the benefit it will bring to the state’s future generation. Other financial institutions have also supported this initiative.

Metaplanet stock rose 3% after earnings but is still down 37% over the past month due to concerns about its aggressive Bitcoin accumulation strategy. The company reported strong revenue growth but a net loss due to Bitcoin valuation losses. With a significant amount of Bitcoin on its balance sheet, the stock is highly sensitive to…