Category: crypto

Yellow Network, backed by Ripple co-founder Chris Larsen, has integrated with XRPL EVM Sidechain to enhance its real-world assets trading system. The integration will leverage the sidechain’s Ethereum compatibility to improve liquidity and traceability for Yellow Network’s Clearnet platform. This collaboration aims to make real-world assets more liquid and tradable in the blockchain ecosystem.

NYSE approved Bitwise’s Solana Staking ETF, marking a milestone for Solana’s institutional adoption in U.S. markets. The ETF, set to launch alongside Litecoin and HBAR ETFs, offers a regulated way for investors to earn staking rewards without managing private keys. Bitwise plans to waive fees to attract early capital.

The x402 ecosystem tokens have surged to over $800 million in market value, increasing by 366% after the launch of the x402b for BNB Chain. The upgrade includes gasless payments and auditable on-chain receipts, making the protocol more compatible and enterprise-ready on the BNB Chain, driving a spike in trading volume.

Mt. Gox has extended its creditor repayment deadline to Oct 31, 2026, marking the third delay since the original deadline of October 2023. The extension was approved by a Japanese court to ensure more creditors receive their payments, with many already paid but some facing issues. Mt. Gox’s history includes a hacking incident in 2014…

American Bitcoin has increased its treasury to 3,865 BTC through acquisition and mining. The company introduced a new metric called Satoshis Per Share, showing a 52% increase since September. The company’s strategy focuses on retaining mined supply rather than selling to cover operations, aiming to increase Bitcoin value per share efficiently.

Swiss MP Samuel Kullmann is pushing to incorporate Bitcoin into Switzerland’s constitution and national reserves. Despite opposition from the Swiss National Bank due to volatility and policy concerns, Kullmann is working on a popular initiative to allow citizens to vote on government programs, including Bitcoin adoption. Other Swiss banks are already accepting cryptocurrencies.

The Madras High Court ruled against WazirX redistributing user’s XRP holdings after a hack in 2024, stating that cryptocurrencies are considered property under Indian law. The court rejected WazirX’s plan to spread losses from the hack among all users, and directed the company to maintain the affected user’s XRP tokens.

US stocks, including the Dow Jones Industrial Average, rose on Monday amid optimism about a potential US-China trade deal. The Federal Reserve is expected to cut interest rates in October. Big Tech companies like Alphabet, Microsoft, and Apple are set to release their earnings reports this week, driving positive sentiment on Wall Street.