Quick Breakdown  UXLINK to conduct its first community-approved token buyback on October 18–19. Buyback funded by recovered assets from Bybit, Bitget, and other exchanges. Additional buybacks planned as more frozen funds are retrieved.   UXLINK launches token buyback...

Quick Breakdown  Citi targets a 2026 launch for its regulated crypto custody platform for institutional clients. The bank will adopt a hybrid model, combining in-house technology with third-party solutions. The initiative reinforces Citi’s strategic expansion into blockchain and...

Quick Breakdown  JPMorgan plans to launch crypto trading services but is not ready to custody digital assets. The bank is adopting an “and” strategy, balancing traditional and blockchain-based financial products. CEO Jamie Dimon’s evolving stance toward crypto and...

Quick Breakdown  SEAL launched a cryptographic verification tool to combat crypto phishing scams. The system enables researchers to produce verifiable proofs of phishing content. It tackles “cloaking” tactics that help scammers hide malicious activity.   SEAL unveils tool...

         Quick Breakdown  Bybit now accepts UBS’s uMint tokenized fund as trading collateral. The move, enabled by DigiFT, enhances capital efficiency and transparency. UBS’s uMint, launched in 2024, represents an institutional-grade tokenized money market fund on Ethereum.   Bybit...

Quick Breakdown  Crypto ETPs recorded $3.17 billion inflows despite a massive flash crash. Trading volumes hit a record $53 billion, with Bitcoin funds leading inflows. Ether and altcoin funds saw slower inflows amid market uncertainty.   Crypto investment...

  Quick Breakdown  Hong Kong Legislative Council’s latest report highlights growing support for RMB-backed stablecoins. The Stablecoin Ordinance, effective August 1, draws interest from major Chinese state-owned firms. Authorities warn against unlicensed stablecoin projects as licensing framework remains...

Quick Breakdown  Strategy bought 220 BTC worth $27.2M at an average price of $123,561. Total holdings now stand at 640,250 BTC, valued at over $47B. Saylor remains bullish, saying “No tariffs on Bitcoin” amid market turmoil.   Strategy...

Quick Breakdown  Singapore High Court approves WazirX’s restructuring plan for post-hack recovery. The exchange lost $234M in July 2024 to a Lazarus-linked hack. User repayments could begin within weeks, though timelines remain uncertain.   WazirX wins court approval...

Quick Breakdown  Smarter Web Company invested $12.1M to add 100 BTC, raising total holdings to 2,650 BTC. Despite growing Bitcoin reserves, the firm’s share price has dropped nearly 30% in the past month. Bitcoin treasuries are no longer...