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Rex Shares Files for First U.S. BNB Staking ETF

Quick Breakdown Rex Shares files with SEC for BNB Staking ETF under the Investment Company Act of 1940. Staking rewards of 3–5% annually to be distributed as dividends to investors. Over $800M in institutional BNB holdings underscore rising corporate...

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Webull Expands Crypto Trading to Australia After U.S. Relaunch

Quick Breakdown Webull Australia adds crypto trading with 240 tokens via Coinbase Prime partnership Relaunch in the U.S. comes after a two-year hiatus under tougher regulations Firm eyes further international expansion, including Brazil and beyond Webull Brings Crypto to...

source: bloomberg.com

Venezuelans Turn to Crypto as Bolivar Collapses and Inflation Surges

Quick Breakdown: Venezuelans are increasingly adopting cryptocurrencies to escape hyperinflation and a collapsing bolívar. Shops, universities, and employers now use stablecoins like USDT for payments and salaries. Crypto remittances accounted for $461M in 2023, becoming a key financial lifeline...

SOURCE: Bitfinex.com

Bitfinex to List Mantle’s Native Token MNT on August 28

Quick Summary:  Bitfinex to list Mantle’s native token MNT on August 28, with deposits opening August 26. MNT serves as both gas and governance token for Mantle DAO, with a capped supply of 6.219 billion. Mantle’s modular Layer-2 design...

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