Category: crypto

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…

Christie’s auction house is expanding its venture capital fund to invest in web3, AI, fintech, and hardware projects beyond traditional art-related technologies. CEO Bonnie Brennan aims to attract more art collectors and support early-stage tech ventures. The firm’s portfolio includes companies in these categories such as Art Signal, Collagia, Luxus, and Rokbox.

UXLINK will do a token buyback on Oct. 18–19 using recovered funds from centralized exchanges. The buyback supports the Swap & Compensation Plan approved by the community to reimburse affected users. Future buybacks are planned, and security measures have been strengthened after a security breach last month.

Whales in the crypto market are shorting altcoin positions ahead of Federal Reserve Chair Jerome Powell’s speech on the U.S. economic outlook. Traders are preparing for potential market volatility and are hedging against downside risks. Powell’s speech comes amid growing economic volatility and renewed trade tensions between the U.S. and China.

Binance is making progress re-entering South Korea after a two-year delay. The Financial Intelligence Unit is reviewing Binance’s takeover of Gopax, with approval expected by the end of 2025. Binance acquired Gopax in 2023 but faced delays due to legal issues in the U.S. South Korean regulators are taking a more open stance on digital…

Multicoin Capital received $51.32 million worth of AAVE tokens through Galaxy Digital’s OTC wallet, making AAVE the largest asset in their wallet. The tokens were withdrawn from major exchanges and transferred through Galaxy Digital. Multicoin Capital focuses on crypto and blockchain investments and has invested in over 140 startups.

Solana led all blockchains in generating $223 million in real economic value in Q3 2025, followed by Tron at $160 million. Overall blockchain revenue has decreased by 83% from its 2021 peak, attributed to reduced uninformed capital flows and falling transaction costs. Solana continues to outperform other networks. ARK Invest has made significant investments in…

Bybit partners with DigiFT to allow traders to use UBS’s uMint tokenized fund as trading collateral. This integration represents the merging of traditional finance and the crypto space, providing increased capital efficiency for traders. The uMint fund, launched in 2024, offers institutional-grade money market investment opportunities for accredited investors.

China Renaissance bank is reportedly planning to raise $600 million to establish a Binance coin crypto treasury, with potential financial backing from YZi Labs. This move has caused a positive response from traders, leading to a brief surge in BNB price. If successful, China Renaissance could become the largest BNB treasury in the world.