Category: crypto

Ripple’s RLUSD stablecoin surpassed $2 billion in market capitalization less than two years after its launch in December 2024. Nearly $1 billion of RLUSD was issued on the XRP Ledger, with Ethereum holding a slightly larger share. Standard Custody issues RLUSD under New York oversight, backed by segregated reserve accounts.

Connecticut has sued Kalshi to stop offering sports event contracts, which state officials consider unlicensed sports wagering. Kalshi argues that its markets fall under federal CFTC oversight. The company has appealed a previous ruling to the Second Circuit. The dispute began in December 2025 and is now part of a broader legal battle.

Mirae Asset Group aims to grow its digital asset business to 150 trillion won and achieve profitability by 2027. The group plans to focus on cryptocurrencies, stablecoins, RWAs, and tokenized securities, with newly acquired crypto exchange Digital X playing a central role in its “Mirae Asset 3.0” strategy.

The Commodity Futures Trading Commission warned consumers about scammers using crypto ATMs, unfamiliar applications, gift cards, and couriers to obtain payments that are difficult to reverse. The FBI reported over 13,400 complaints and $388 million in losses in 2025. Scammers target older Americans, and states are tightening regulations on crypto kiosks.

SoftBank is in talks to acquire a majority stake in humanoid robot maker 1X Technologies for about $6 billion. OpenAI previously invested in 1X and had discussions about acquiring the company. SoftBank’s interest in 1X comes after a $5.4 billion agreement to acquire ABB’s robotics business.

39 U.S. state banking associations formed BankChain Alliance to create a bank-owned blockchain network by 2027. The network will support tokenized deposits, stablecoins, smart payments, and automated settlement. The alliance includes 3,283 banks with $21.8 trillion in assets. Banks nationwide will be invited to join as owners.

ETF Store President Nate Geraci predicted that BlackRock will expand its spot crypto ETF lineup beyond Bitcoin and Ether due to the growth of competing altcoin products and BlackRock’s broad fund business. Geraci’s opinion is based on the absence of spot products for other cryptocurrencies and a multi-asset crypto index by BlackRock.

A group of 12 wallets deposited 36 million USDC into Hyperliquid in one day, using $24 million to purchase HYPE. EmberCN estimated the cluster held and staked 4.679 million HYPE valued at $381 million. The wallets are suspected to be linked to a16z, but ownership remains unconfirmed. $12 million in USDC remains unconverted.

The U.S. government recently moved a small amount of Bitcoin seized from Alameda Research accounts on Binance.US three years ago, involving roughly 0.0048 BTC worth $377. This transaction follows previous movements of seized assets from Alameda and FTX, with uncertainties regarding further liquidations or creditor repayments.

Core Lightning has confirmed multiple security vulnerabilities in its Bitcoin Lightning Network software and has urged node operators to install an upcoming security update or temporarily run their nodes offline. The vulnerabilities were identified through AI-generated reports, and operators were advised to upgrade to prevent exploitation.