Payward has completed its acquisition of Bitnomial, adding key U.S. derivatives licenses to the Kraken parent company. The deal gives Payward the regulatory stack to offer CFTC-regulated spot margin, perpetuals and options to eligible U.S. clients. Payward, the…
Arbitrum DAO is voting on whether to release 30,766 frozen ETH to DeFi United after the Kelp DAO attack. The Arbitrum Security Council froze the funds on April 20 after the attacker moved them to an Arbitrum One…
Visa has expanded its stablecoin settlement pilot to nine blockchains after adding Arc, Base, Canton, Polygon and Tempo. The company says its onchain settlement volume is running at an annualized pace of about $7 billion, up roughly 50%…
Bitcoin and BTC ETF News
BitMEX is launching FX Perpetual Swaps, allowing traders to access major currency markets using crypto as collateral. The product offers 24/7 trading, up to 100x leverage and no overnight fees, bringing crypto-style market structure to foreign exchange. BitMEX…
PumpFun has burned all previously repurchased PUMP tokens, worth about $370 million and equal to roughly 36% of circulating supply. The platform says it will allocate 50% of revenue over the next year to a programmatic buyback-and-burn mechanism.…
W3.io has launched an agent-powered finance control platform on Avalanche, already processing more than 200,000 workflows per day. The Avalanche Foundation has made a strategic investment in W3.io, with additional integration partners expected in the coming weeks. W3.io…
Ripple (XRP) News
A coalition including Aave, Kelp and LayerZero has asked the Arbitrum DAO to release about $71 million in frozen ETH. The funds would go to DeFi United, the coordinated recovery effort set up after the $292 million Kelp…
Litecoin has rolled back roughly three hours of block history after its first major exploit involving the MimbleWimble Extension Block. The incident is the first known attack targeting MWEB since Litecoin activated the privacy extension through a 2022…
The Ethereum Foundation sold 10,000 ETH to Bitmine in an over-the-counter transaction at an average price of $2,387. Bitmine, chaired by Tom Lee, used the purchase to expand its Ethereum treasury as the foundation raised funds for operations…
Aave service providers have proposed a 25,000 ETH contribution to DeFi United to help repair the rsETH shortfall caused by the Kelp DAO exploit. The move would add Aave to a growing stack of ecosystem-backed contributions, following earlier…
JPMorgan Says Tokenization Will Reshape Funds Industry, Though Strong ETF Use Cases Remain Years Away
JPMorgan says tokenization is likely to reshape the funds industry, not only the ETF segment. The bank believes meaningful use cases are still a few years away, despite ongoing experimentation around ETF tokenization and instant settlement. JPMorgan is…
Binance Wallet has launched Agentic Wallet, a dedicated keyless wallet built for AI agents to operate on behalf of users. The product separates agent activity from a user’s main wallet balance and adds spending controls, transaction monitoring and…
Farmers & Merchants Investments disclosed a position in the Bitwise XRP ETF, according to its latest SEC filing. The allocation is modest in size, but it adds to signs that traditional firms are widening crypto exposure beyond Bitcoin-only…
Pavel Durov said TON transaction fees will be cut sixfold within one week to 0.00039 TON per transaction. He also said fees will stay fixed regardless of network load and that most transactions are expected to become fully…
Morgan Stanley Investment Management has launched the MSILF Stablecoin Reserves Portfolio, a money market fund aimed at stablecoin issuers. The fund is structured to align with stablecoin reserve requirements under the GENIUS Act and targets cash, short-dated Treasuries…
Mantle has proposed a credit facility of up to 30,000 ETH to help Aave DAO address bad debt tied to the Kelp rsETH exploit. The loan would be yield-bearing, secured, and used exclusively to resolve the rsETH shortfall…
