Category: crypto
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Ondo, Chainlink partner to bring global finance onchain
Ondo Finance and Chainlink have partnered to accelerate the adoption of tokenized stocks and ETFs onchain. Chainlink is now the official oracle provider for Ondo’s tokenized assets. This collaboration aims to bring global financial institutions to the blockchain and redefine access to traditional financial instruments onchain.
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Uphold revives XRP rewards card as crypto spending heats up
Uphold relaunched its U.S. debit card with XRP rewards up to 6% on purchases, supported by over 300 cryptos and fiat currencies. The card integrates with Uphold wallets, offering an Essential Card with no fees and an Elite Card with higher rewards. Spending crypto can have tax implications, but using dollars or stablecoins can simplify…
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Bitwise Solana ETF records debut with $69.5M in inflows
Bitwise Solana ETF saw $69.45 million in first-day inflows, boosting total assets to $288.92 million. Grayscale and Canary are set to launch their own Solana ETFs. The fund tracks SOL price and staking rewards, with a 0.20% management fee. Analysts predict $3-6 billion in inflows for Solana staking ETFs in the first year.
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U.S. Senators call for probe into Trump’s Changpeng Zhao pardon
Seven Senate Democrats, led by Elizabeth Warren, demand a probe into President Trump’s pardon of Binance founder CZ, citing concerns of political favoritism and potential conflicts of interest. The pardon, despite CZ’s guilty plea in a money laundering case, could set a dangerous precedent for white-collar crime and weaken law enforcement integrity.
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Germany’s 2nd largest party pushes for Bitcoin reserve
Germany’s Alternative for Germany (AfD) party has proposed creating a national Bitcoin reserve to protect against inflation and currency volatility, positioning itself as a pro-crypto political party. The motion has reignited debate over Germany’s past sale of seized BTC. This move follows a similar motion by France to establish a strategic BTC reserve.
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Shipping giant OceanPal bets on NEAR with plan to acquire 10% of supply
Nasdaq-listed OceanPal Inc. is launching a NEAR corporate treasury through a $120 million PIPE investment. The company plans to accumulate at least 10% of NEAR’s total supply and build blockchain-native AI infrastructure. This move reflects a trend of non-crypto firms diversifying into digital assets. Leadership changes include Sal Ternullo as co-CEO and David Schwed as…
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Michael Saylor drops wild new Bitcoin insights at Money 20/20
Michael Saylor predicts a future where Bitcoin powers efficient credit instruments in finance. He sees major banks like JPMorgan accepting crypto collateral, which could 10x the industry in four years. Saylor’s company, Strategy, offers high-yield digital credit instruments backed by Bitcoin, aiming to reach $2-3 trillion in assets.
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Grayscale Solana ETF brings staking exposure to NYSE Arca
Grayscale Solana ETF on NYSE Arca will pass 77% of net staking rewards to investors, increasing net asset value. Grayscale’s launch follows Bitwise’s Solana ETF debut. Grayscale, with $35 billion AUM, launched with $102M in AUM. New crypto products, including Bitwise’s Solana ETF and Canary’s Litecoin and HBAR ETFs, are hitting the market.
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Adapt chosen as first project on new Sui AI launchpad
Adapt, a multi-agent quantitative trading protocol, has been chosen as the first project to launch on Sui ecosystem’s AI launchpad Surge. With over 70 applicants, Adapt’s ANP3 protocol enables AI-powered trading agents to create a self-learning DeFi network for autonomous market-making. Surge aims to integrate AI into decentralized applications and DeFi protocols.
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Intuition launches InfoFi mainnet with $8.5M funding
Intuition has launched its Information Finance-driven mainnet after raising $8.5 million in funding. The mainnet aims to create a decentralized trust layer for AI and the internet by introducing a unique data model using Atoms, Triples, and the $TRUST token. The network processes high-throughput information operations with low transaction costs.