Category: crypto

Binance announced a $400 million support package called the “Together Initiative” to stabilize markets and restore confidence. $300 million will compensate retail traders hit by liquidations, while $100 million will offer low-interest loans to institutions facing liquidity issues. The initiative aims to alleviate market panic and provide stability.

Tether settled a lawsuit related to Celsius bankruptcy by paying $299.5 million. The settlement was confirmed by Tether CEO Paolo Ardoino on October 14, 2025. The lawsuit was filed in August 2024 by Celsius against Tether. The settlement was disclosed by Blockchain Recovery Investment Consortium.

Bart Smith, CEO of Avalanche Treasury, explains the launch of their treasury strategy, citing a forthcoming blockchain adoption super-cycle. He highlights how Avalanche allows businesses to build custom blockchains with privacy features. Smith plans to take Avalanche Treasury public through a $675 million SPAC merger, aiming to create a billion-dollar ecosystem fund to provide investors…

U.S. federal agents seized $15 billion in Bitcoin from unhosted wallets linked to a Cambodian criminal network run by Chen Zhi, accused of operating forced-labor compounds executing global cryptocurrency scams. The network laundered funds through complex crypto techniques and luxury purchases. Zhi remains at large, with his empire exposed in the investigation.

RootstockLabs has launched Rootstock Institutional to explore ways for institutions to utilize their $260 billion in idle Bitcoin in DeFi. The new team will focus on strategies for institutions to earn yield on their BTC through lending, borrowing, and other on-chain yield strategies. This move comes as 99% of institutional Bitcoin generates negative returns due…

Stripe will now allow subscription payments in USDC through the Base and Polygon blockchains. This will attract more users, especially those who do not have access to other payment methods. The feature will enable recurring payments from crypto wallets and benefit U.S. companies that generate revenue internationally.

StableX has partnered with BitGo to secure and manage a $100 million crypto treasury focused on stablecoin assets. This move signifies StableX’s shift from manufacturing to digital asset investment, with a focus on compliance and institutional-grade infrastructure. BitGo will provide custody and liquidity for StableX’s crypto purchases.

Shibarium reactivated the Plasma Bridge for BONE tokens after attackers stole $4.1 million through a flash loan exploit. The update includes a blacklisting system, 7-day withdrawal delay, and enhanced security measures to prevent future attacks. The Shib team quickly responded to the hack and reactivated the bridge with improved security.

Solana Foundation partners with Wavebridge to develop a KRW-pegged stablecoin and institutional tokenization products in Korea. The collaboration aims to enhance Solana’s role in Asian institutional finance. The project includes a tokenization engine, MMF initiatives, and training for Korean banks. This partnership strengthens Solana’s presence in the region’s blockchain ecosystem.

Bhutan has migrated its National Digital Identity system to the Ethereum blockchain, making it the first country to do so. This move builds on previous integrations with Polygon and Hyperledger Indy, with full transition expected by Q1 2026 under the Digital Drukyul program. The system allows citizens to manage and verify their credentials securely on…