Quick Breakdown Crypto.com to provide custody and staking infrastructure for Pineapple Financial’s $100M INJ treasury. Pineapple becomes the first publicly traded firm to adopt Injective in its corporate treasury. Partnership reinforces Crypto.com’s growing institutional custody network and regulatory...
Quick Breakdown BDACS partners with Circle to launch KRW1 stablecoin on Arc after its Avalanche debut. Arc testnet attracts over 100 global financial institutions, including Visa and BlackRock. Experts urge inclusive regulations, opposing BOK’s plan to restrict stablecoin...
Quick Breakdown Seven Democratic senators have asked the DOJ to explain Trump’s pardon of Binance co-founder Changpeng “CZ” Zhao. The lawmakers allege links between Trump, Binance, and the Trump family’s DeFi platform, World Liberty Financial. They warn the...
Quick Breakdown Visa will support four new stablecoins across four distinct blockchains, expanding its crypto settlement network. The company recorded $140B in crypto and stablecoin flows since 2020 and a fourfold increase in stablecoin-linked spending. Visa plans to...
Quick Breakdown World Liberty Financial to distribute 8.4M WLFI tokens worth $1.2M to USD1 loyalty participants. The airdrop spans six exchanges including KuCoin, MEXC, and Gate.io. Trump’s crypto ventures have reportedly generated over $1B in profits this year....
Quick Breakdown ASIC now requires crypto firms offering financial products to obtain an AFSL by June 30, 2025. Bitcoin and NFTs remain exempt, but stablecoins and tokenized assets fall under financial product rules. Industry leaders welcome the clarity...
Quick Breakdown Fusaka upgrade goes live on Ethereum’s final testnet ahead of December 3 mainnet launch. Introduces PeerDAS, higher gas limits, and zero-knowledge rollup optimizations. Marks another step in Ethereum’s Surge phase, targeting greater scalability and parallel execution....
Quick Breakdown S&P Global assigns a “B-” rating to Michael Saylor’s Strategy, citing liquidity and Bitcoin exposure risks. First-ever S&P rating for a Bitcoin-treasury-focused firm, setting a TradFi benchmark. Despite the “junk bond” tag, MSTR shares rose following...
Quick Breakdown Ro Khanna plans to introduce a bill banning lawmakers from owning or creating cryptocurrencies. The move follows Trump’s pardon of Binance founder Changpeng Zhao, which Khanna labeled “corrupt.” Trump’s crypto ventures, valued at over $1 billion,...
Quick Breakdown GoPlus detected a suspected exploit on x402bridge, leading to $17,000 in USDC losses. The breach originated from a private key leak tied to the project’s backend system. 402bridge has paused operations and reported the incident to...
