Category: crypto

Dromos Labs introduces Aero, a unified exchange merging Aerodrome and Velodrome. The platform aims to consolidate liquidity, improve scalability, and expand across Ethereum and Arc blockchains. Aero will distribute a new token to existing holders, with enhancements like MetaDEX 03 to boost efficiency and lower costs, attracting institutional users and developers.

Canary Capital has filed with the SEC to launch a new ETF tied to a memecoin called MOG Coin. The fund will hold actual MOG tokens and operate similarly to other spot crypto ETFs, giving investors regulated access to MOG. This filing comes as the U.S. crypto ETF market grows.

Polymarket has relaunched in the U.S. in beta mode after regulatory issues. The platform is currently operating quietly with select users placing real-money bets. Polymarket revamped its legal structure and brought Donald Trump Jr. onto its advisory board. The company acquired QCEX in a $112 million deal to operate legally in the U.S. They are…

Japan Exchange Group is considering tightening oversight on digital asset treasury companies to protect retail investors from excessive risk. Major Japanese crypto treasury firms have seen their share prices plummet, prompting the group to potentially implement stricter audits and disclosure requirements. Similar actions have been taken in other Asian jurisdictions.

XRP’s price is rising to $2.50, with optimism surrounding the potential launch of exchange-traded funds (ETFs) driving the increase. More than ten XRP ETF proposals are active or pre-launch. The token is consolidating between $2.19 and $2.70, with a breakout towards $3 seeming less likely. Institutional interest is growing, pushing XRP higher.

The central banks of Singapore and Germany have agreed to collaborate on cross-border digital asset settlements, aiming to make international transactions faster and more cost-effective. This partnership will also establish universal standards for tokenized assets, payments, and securities to enhance global financial interoperability. This agreement builds upon Singapore’s Project Guardian initiative.

Bitwise’s Chainlink ETF is progressing towards launch, listed on the DTCC under CLNK. However, SEC approval is still pending due to the government shutdown. Despite this, LINK price dropped 5% to $15.52, showing bearish sentiment. Grayscale is also planning a Chainlink ETF, and other ETFs are expected to launch soon.

Kraken co-CEO Arjun Sethi criticizes strict U.K rules on promoting crypto, warning it could deter users from investing. Sethi argues regulations hinder consumer experience and capital flow. Kraken rules out offering tokenized private company shares, with no comment on potential IPO plans. FCA defends rules, saying they inform customers of risks and benefits.

Hong Kong will release its third series of blockchain-based green bonds using HSBC’s digital infrastructure to fund environmental projects. The bonds will be issued in multiple currencies and recorded on blockchain. This is part of Hong Kong’s efforts to expand its tokenized asset ecosystem, with previous successful digital bond offerings by Hong Kong corporations.

Tether is set to become the largest shareholder of VCI Global through a $100 million digital asset transaction involving OOBIT’s OOB token. VCI Global, a technology platform developer, aims to integrate OOBIT’s token utility into its platforms. Tether’s strategic investments outside the stablecoin market have been successful, with recent acquisitions in various sectors.