Rolling crypto market coverage, DeFi developments, Bitcoin and Ether moves, ETF demand, policy updates, and infrastructure launches.
Fintech firm Tassat, known for its work with Signature Bank's former Signet network, is launching Project NENYA, a platform designed to help regional and midsize U.S. banks manage stablecoin reserves and compete with larger institutions.
When a cybersecurity breach hit Hugging Face, CEO Clement Delangue turned to a Chinese AI model, GLM 5.2, after commercial American AI providers reportedly declined assistance. The incident highlights growing geopolitical fault lines in AI and the critical need for diverse, censorship-resistant tools, a lesson with pro
World Foundation has successfully closed a $52.5 million funding round, spearheaded by Pantera Capital, aimed at accelerating the global expansion of its World ID biometric identity infrastructure amidst growing demand for robust online human verification.
Polygon Labs has announced layoffs as part of a strategic restructuring, refocusing its operations towards the payments sector following its $250 million acquisition of Coinme and Sequence.
South Korea is slated to launch a pilot program in 2027 to test tokenized government bonds integrated with the Bank of Korea's wholesale Central Bank Digital Currency (CBDC) system, marking a significant step in digital financial infrastructure.
Bitcoin mining firm TeraWulf is reportedly pursuing a substantial $3.5 billion debt financing, spearheaded by Morgan Stanley, to fund a Kentucky data center campus. The facility is slated for lease by AI giant Anthropic, highlighting a significant and capital-intensive convergence between crypto infrastructure and the
Swift has launched a pilot program enabling 17 major global banks to conduct 24/7 tokenized deposit transfers, a significant move towards modernizing interbank transactions. However, the ultimate settlement of these transfers still depends on traditional, slower financial infrastructure.
Institutional crypto exchange EDX Markets has successfully closed a $76 million funding round led by Japanese financial giant SBI Holdings, signaling robust and sustained confidence from traditional finance in digital asset infrastructure.
Global banking giant Standard Chartered has become the first Systemically Important Bank to offer direct access to Circle's USDC stablecoin for institutional clients, signaling a significant milestone for crypto adoption in traditional finance.
Robinhood has officially launched its "AI-Native" Ethereum Layer-2 network, built on Arbitrum, marking a significant expansion into DeFi and tokenized real-world assets for the brokerage giant.
New infrastructure partnerships are pushing stablecoins deeper into treasury operations and cross-border settlement.
New middleware and wallet tooling are helping layer-2 ecosystems improve onboarding and release cadence.