Category: crypto

SBI and Startale have launched Strium, a Layer 1 blockchain for trading tokenized securities with a yen stablecoin and testnet planned for 2026. Strium aims for high-throughput and low-latency settlement in Asia’s capital markets, targeting traditional financial integration with blockchain infrastructure and supporting multiple asset classes for institutional trading.

Payward’s Kraken unit reported $2.2 billion in adjusted revenue and $2 trillion in trading volume in 2025, with 5.7 million funded accounts. LiquidChain launched a cross-chain Layer 3 platform offering 1,965% staking rewards and a “Parallel Execution Engine” for faster settlement across Bitcoin, Ethereum, and Solana networks.

Bitcoin and Ethereum are experiencing slight declines in the crypto market without signs of panic. Volatility is increasing modestly after weeks of low trading activity. Both assets are closely tracking each other, with no indication of capital moving into higher-risk assets. Bitcoin dominance remains high, indicating a defensive market stance. Trading activity suggests caution and…

Brazil is advancing a bill to ban algorithmic stablecoins and require all domestic issuers to fully back tokens, aiming to tighten rules in a market where stablecoins drive 90% of crypto transactions. The bill, if approved, would introduce penalties for minting unbacked tokens and could force algorithmic projects to exit the market.

U.S. Treasury Secretary Scott Bessent stated that the government cannot use taxpayer funds to bail out Bitcoin or compel banks to purchase cryptocurrencies. He also mentioned that the government cannot intervene in the market to support Bitcoin during a downturn. This comes as Bitcoin’s price dropped by nearly 8% amid market uncertainty.

Democratic lawmakers are investigating World Liberty Financial for potential foreign investments and their impact on U.S. national security and competition with China. The inquiry focuses on a stake allegedly purchased by a UAE entity, stablecoin activity, and facilitating investments into Binance. Lawmakers are concerned about foreign influence on U.S. policies.

The Commodity Futures Trading Commission has withdrawn a proposal to ban sports and political prediction markets under the Biden administration. This move is seen as a shift towards promoting responsible innovation in the derivatives market. The agency has also rescinded a warning about litigation risks related to event contracts.

Payy has introduced a privacy-enabled Ethereum layer 2 network that makes ERC-20 transfers private by default without altering smart contracts. The network routes transactions through private ERC-20 pools, concealing the destination of funds. Payy targets institutions, fintech firms, and privacy enthusiasts, aiming to enhance privacy in on-chain financial activities.

Bhutan-linked wallets controlled by DHI moved over $22 million in Bitcoin this week, including a $14 million transfer and an $8.3 million transaction to a merchant deposit. The transfers do not confirm sales, but suggest active treasury management. Bhutan’s Bitcoin holdings have decreased, but the country remains a significant sovereign Bitcoin holder.

U.S. spot Bitcoin ETFs experienced $545M in daily outflows as BTC, ETH, and SOL prices dropped, highlighting the impact of concentrated ETF ownership on market downturns. Despite significant inflows over the past year, outflows persist, with Bitcoin trading around $73,103 and analysts warning of potential further declines.