Category: crypto

Saga paused its SagaEVM chain due to a smart contract exploit that led to the loss of around $7 million in bridged assets. The incident affected a single chainlet, with ongoing investigation and remediation efforts underway. A post-mortem will be published once the issue is resolved.

Ethereum’s price dropped below $3,000 due to increased selling pressure in spot and derivatives markets. Despite a 4.6% drop in 24 hours and 10% over the last week, trading volume increased by 58%. Derivatives volume rose 65% to $74.9 billion, with open interest decreasing by 2%. ETF outflows impacted price, but on-chain data shows limited…

Billionaire Mike Novogratz’s Galaxy Digital plans to launch a $100 million hedge fund in the first quarter of 2026. The fund will invest in crypto tokens and financial services stocks, with up to 30% allocated to crypto tokens. Galaxy Digital will make a seed investment in the fund, which has secured investments from various sources.

Trump Media has set Feb. 2, 2026, as the record date for its upcoming token airdrop to shareholders who own at least one full share of DJT stock. The tokens will be minted and kept by Crypto.com. The company aims to reward shareholders with utility tokens for benefits and discounts on Trump Media products.

Ripple’s Monica Long believes stablecoins will be crucial for global settlement, with Visa and Stripe already incorporating them into payment flows. She predicts a 2026 ‘production era’ where digital assets become mainstream. Some question XRP’s role in this stablecoin-dominated future, while others argue bridge assets are still necessary for interoperability.

Vietnam has implemented a pilot licensing program for cryptocurrency exchanges, bringing the sector under formal legal oversight. Securities firms and banks, including SSI, MBBank, Techcombank, and VPBank, plan to launch licensed exchanges. Tether is partnering with local firms to expand cryptocurrency adoption, as Vietnam aims to establish a regulated investment environment.

Charles Schwab’s research arm states that the value of cryptocurrencies is concentrated in base networks like Bitcoin and Ethereum, not infrastructure. They recommend evaluating the market through a 3-layer lens. The total crypto market cap was $3.169 trillion, with most value in layer-1 blockchains. Schwab suggests thorough research for investing.

Rezor has launched RezorEx, a centralized crypto exchange developed alongside its wallet and cross-chain aggregator, focusing on execution rather than hype. Founder Rahul Parikh emphasized the importance of reliability, risk controls, and UX design in the competitive trading landscape. The launch reflects the company’s commitment to delivering functional products in the Web3 space.

Binance has listed Ripple’s RLUSD stablecoin with XRP pairs, as Ripple plans to expand in 2026. RLUSD is backed by 103% cash and T-bill reserves. NGOs are testing RLUSD for humanitarian aid. RLUSD has seen significant growth and will be integrated into Binance Earn. Ripple plans to expand RLUSD to Ethereum L2 networks.

Nansen introduces AI-powered on-chain trading for Solana and Base networks, integrating research, wallet analytics, routing partners, and non-custodial execution in one platform. The new product allows users to query wallet flows, find setups, and execute trades within the interface, marking Nansen’s transition to an integrated trading environment.