Category: crypto

A major bank has approved Bitwise’s Solana staking ETF as loan collateral, allowing customers to borrow up to 25% of their shares’ value. The approval was welcomed by Bitwise’s CEO as a step towards integrating crypto with traditional financial services. Details about the loan, including interest rates and repayment terms, were not disclosed.

Flowdesk has obtained a full broker-dealer license in Dubai for its local entity, allowing it to offer regulated crypto services to qualified and institutional investors in and from the emirate. This license complements its MiCA authorization in France, granting access to the European Union market. Other crypto companies are also seeking access to Dubai’s institutional…

CT3 is preparing for the listing of its CT3GB token by expanding storage infrastructure, building reserves, upgrading smart contracts, and planning an independent audit. The company aims to use CT3GB as its primary settlement asset for internal operations and is making comprehensive preparations for the token’s launch on public markets.

Brazil’s largest bank, Itaú, has joined a pilot with over 50 financial organizations to test the tokenization of fixed-income securities and investment funds led by ANBIMA. The project will assess technical, operational, and compliance standards for blockchain-based markets, focusing on bonds, funds, and capital-market products.

Spritehood sold 42,956 paid NFTs on Robinhood Chain in 53 minutes, generating $1.28 million for Cole Villemain, co-founder of Pudgy Penguins. The sale included NFTs priced at $17 and $117, with additional free NFTs distributed. The sale exceeded initial estimates, and the contract code remains unverified on the blockchain.

Chicago Fed President Austan Goolsbee views inflation above the Federal Reserve’s 2% target as the main U.S. economic challenge. As officials debate whether to raise rates from 3.50%–3.75%, Goolsbee has highlighted rising prices as a more pressing issue than current labor market conditions, emphasizing the negative impact of inflation on the economy.

Coinbase has received regulatory approval from Abu Dhabi to arrange investment deals and provide custody for tokenized securities. This allows them to operate major tokenization and derivatives businesses from the UAE. Each tokenized security will be backed by an underlying share, and eligible users will need a compatible blockchain wallet.

Robinhood Chain, launched on July 1, 2026, by Bitmine Chairman Tom Lee, has the potential to become a major success story by connecting 27 million Robinhood customers with Ethereum-based financial services. The network has recorded significant DEX volume and user activity, although regulatory restrictions and product availability may impact adoption.

Crypto projects lost around $110 million to hacks in July. Immunefi paid researchers $2.32 million for confirmed vulnerabilities. Audit competitions found more serious vulnerabilities than private audits. Immunefi projects 114 major hacks in 2026, potentially breaking the previous annual record. Crypto security losses reached $1.1 billion in the first six months of 2026.

Strategy sold 1,690 Bitcoin for $108.6 million last week, using the proceeds to repurchase its preferred stock. This is the second week in a row that the company has sold Bitcoin. The company also raised $653.1 million by selling shares. They now have a dollar reserve of $4.65 billion.