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Crypto News
Crypto’s Dry Powder Is Drying up as Stablecoin Sector Contracts by $9.4B
According to the latest figures, the stablecoin economy contracted by $2.119 billion during the past seven days, while several of the leading USD-backed coins also posted notable outflows over the last 30 days. Stablecoin Supply Has Fallen…
Certik Joins XDC Network as Validator to Strengthen Trade Finance Infrastructure
Web3 security firm Certik has signed a memorandum of understanding to become an institutional masternode validator for the XDC Network. Hybrid Architecture and Security Controls Web3 security firm Certik has joined the XDC Network as an…
Bitwise Stakes $114 Million in HYPE on Hyperliquid as Its Spot ETF Doubles Down
Asset manager Bitwise deposited 1.775 million HYPE worth about $114 million into Hyperliquid and subsequently staked the same tokens. The move expands a position the firm has been building since launching a spot Hyperliquid fund in May. A…
Framework Ventures Raises $400 Million Fourth Fund as Crypto VC Pushes Into AI, Robotics and Energy
Framework Ventures has raised $400 million for its fourth fund, an oversubscribed vehicle the crypto-focused firm plans to deploy beyond digital assets into artificial intelligence, robotics, and energy. The cofounders are betting that…
Polymarket Confirms Hackers Drained $3 Million From Users After Third-Party Breach
Prediction-market platform Polymarket said hackers stole roughly $3 million from users after a third-party vendor was compromised and malicious code was injected into its website. The incident has since been fully contained, and refunds are…
Oobit Integrates Pix: How the Tether-Backed App is Bringing USDT to 170 Million Brazilians
The payments company announced on Tuesday native integration with Brazil’s fast payment network Pix, allowing users to purchase and spend USDT with Oobit’s platform. The action targets a market of over 170 million users part of the Pix…
HSBC Expands Orion Network to UAE, Enabling Real-Time Dirham Liquidity Flows
HSBC has launched its tokenized deposit service in the United Arab Emirates, introducing the UAE dirham to its blockchain-based corporate cash management network. Regulatory Readiness Meets Market Demand HSBC Bank Middle East Limited has…
Bitmine and Sharplink Fund Ethlabs to Scale Ethereum for AI and Institutions
Ethlabs, a new independent nonprofit research lab founded by former Ethereum Foundation researchers, has launched to strengthen Ethereum’s core infrastructure. The group is backed by major ecosystem participants, including Bitmine,…
Enso Connects 500+ Tokenized Assets Through xStocks and Ondo, Cutting Friction
Enso, an onchain finance platform, has launched its real-world assets (RWA) app and announced major integrations to solve the fragmentation of tokenized real-world assets. Tackling Fragmentation in Asset Tokenization Enso, an execution and…
Senate Votes 85-5 to Ban a Fed Digital Dollar Through 2030
The U.S. Senate passed the 21st Century ROAD to Housing Act late Monday in an 85-5 vote, attaching a four-year ban on a Federal Reserve central bank digital currency (CBDC) to the sweeping housing package. The bill now moves to the House,…