In a move towards crypto expansion, Stripe, a popular payment processing firm has announced a recent integration with Avalanche (AVAX). With the integration, Stripe has expanded its offering to include support for Avalanche C-Chain, introducing a seamless path for retail users to acquire AVAX directly, without dealing with the hassles of crypto exchanges.
Avalanche Utilizes Stripe’s Fat-to-Crypto Onramp As revealed in a blog post, Core, Avalanche’s native ecosystem wallet and portfolio developed by Ava Labs has already integrated Stripe’s onramp. Stripe’s onramp provides a direct and efficient method for users to fund their wallets with AVAX and other supported tokens.
The onramp has built-in fraud prevention and identity verification tools to help companies meet Know-Your-Customer (KYC) and compliance requirements. With just a Gmail or Apple ID, individuals can create a Core wallet and purchase AVAX through Core’s extension or web app at core.app.
As a result of this integration, users can now access streamlined crypto products and Decentralized Applications (dApps) such as Decentralized Exchanges (DEXs), digital wallets, and Non-Fungible Tokens (NFT) platforms running on Avalanche.
Anyone can buy Avalanche’s native AVAX coin using debit or credit cards through the help of a widget that will be installed in Core. According to the announcement, Stripe will take care of all issues relating to KYC procedures, payments, fraud, and compliance.
Several prominent Avalanche ecosystem partners have already signaled their intention to integrate with Stripe, including GoGoPool, Avvy, Pakt, zeroone, Halliday, The Arena, Shrapnel, and DeFi Kingdoms.
John Egan, Head of Crypto at Stripe commented on the integration stating, “We’re excited to add AVAX into our onramp’s family of supported networks. Further enabling consumers to onboard into Avalanche’s growing dApp ecosystem is closely aligned with our goal of making it safe and easy for everyone to access the power of Web3.”
Avalanche is a Layer-1 blockchain network, competing with Ethereum (ETH) by offering a cheap and fast blockchain for developers to build upon. It is the network behind AVAX, the 12th largest digital asset with a market cap of $13.2 billion. As of the time of writing, AVAX is trading above $34.92, representing an increase of 0.6% in the past day. This nominal increase comes after the coin dropped 11% within the past week.
Stripe Making Strides in the Crypto Space Stripe, which has been topping charts since 2021 was one of the first major companies to accept Bitcoin payments in 2014. The company, however, dropped the service in 2018, but added that it was still “very optimistic about cryptocurrencies overall.”
In a recent development, the company announced plans to start supporting transactions domiciled in Circle’s native stablecoin USD Coin (USDC) beginning this Summer. As Stripe unveiled, all the USDC will initially launch through Ethereum, Solana, and the Polygon blockchain networks.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Altcoin News, Cryptocurrency News, News
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
Příští týden čekají altcoiny ALT, Space ID (ID), ENA, GAL, YGG a ACA cliff unlocky v hodnotě 138,8 milionu USD, což zvyšuje obavy z růstu nabídky. Největší je ALT: 684,21 milionu tokenů v hodnotě 111,01 milionu USD.
Altcoins News: The latest update from the Token Unlocks App reveals that six altcoins are readying to take the heat of increased market supply in the upcoming week. This is attributable to massive token unlocks, a phenomenon wherein previously locked tokens are released periodically into the market.
Notably, $138.8 million worth of cliff unlocks are looming to hit certain altcoins in the coming days. These tokens include AltLayer (ALT), Sace ID (ID), Ethena (ENA), Galxe (GAL), Yield Guild games (YGG) and Acala (ACA).
Here’s a brief report on the token unlocks that may serve as important Altcoin news for crypto market participants.
AltLayer (ALT) The AltLayer crypto is set to witness an unlock of a staggering 684.21 million ALT, worth $111.01 million, on July 25. This is equivalent to 42.08% of the circulating supply, raising severe investor concerns over future market implications.
ALT price traded at $0.1619 at press time, up 5.29% over the past day. Its 24-hour lows and tops are $0.1572 and $0.1729, respectively.
Space ID (ID) The Space ID token will witness an unlock of 18.49 million ID, worth $9.01 million, on July 22. This equals 4.29% of the coin’s circulating supply.
ID price traded at $0.4875, an increase of 5.70% from yesterday. The token’s 24-hour lows and highs were $0.4607 and $0.5011, respectively.
Ethena (ENA) Ethena prepares for an unlock of 14.89 million ENA, worth $7.32 million, on July 21. This totals 0.87% of the coin’s circulating supply.
ENA price traded at $0.493 today, an upswing of 6.97% over the past day. Ethena’s 24-hour slumps and peaks were recorded as $0.4699 and $0.5116, respectively.
Yield Guild Games (YGG) The Yield Guild Games crypto will experience an unlock of 14.08 million YGG, worth $7.56 million, on July 27. This amounts to 3.74% of the coin’s circulating supply.
YGG price traded at $0.5369, up 2.97% over the past day. The token’s 24-hour bottoms and tops were $0.5183 and $0.555, respectively.
Also Read: $149 Million of Altcoins Sold By WazirX Hacker to Buy 43,799 Ethereum
Galxe (GAL) The altcoin Galxe readies for an unlock of 1 million GAL, worth $3.60 million, on July 24. This is equivalent to 0.85% of the circulating supply.
The GAL price rested at $3.58 today, a decline of 5.78% over the past day. Its 24-hour bottoms and highs were $3.54 and $3.92, respectively.
Acala (ACA) Acala is set to face an unlock of 4.66 million ACA, worth $340.03k, on July 25. This totals 0.46% of the coin’s circulating supply.
ACA price stood at $0.07291, an upsurge of 2.53% from yesterday. The cryptocurrency’s 24-hour bottoms and peaks were $0.07132 and $0.0759, respectively.
Notably, the abovementioned token unlocks remain much eyed by market participants as investor concerns persist over this altcoin news, primarily due to supply increase.
Also Read: SHIB News: Massive 2.7 Tln Accumulation Fuels Hope For Shiba Inu To $0.0000386
TLDR The Polkadot community is currently voting on the proposal to launch a native stablecoin backed by DOT tokens. Bryan Chen, co-founder of Acala, introduced the pUSD stablecoin proposal to reduce reliance on USDT and USDC. The pUSD proposal has gained 74.6% support but requires 79.7% approval to pass in the ongoing referendum. Community members remain divided over Acala’s involvement in the pUSD project due to the failure of aUSD Gavin Wood outlines a broader vision for stablecoins within Polkadot, emphasizing the benefits of using pUSD for validator rewards. The Polkadot community is currently voting on a major proposal to launch a native stablecoin, pUSD. This stablecoin would be entirely backed by DOT tokens, the network’s native cryptocurrency. The proposal has sparked a heated debate, drawing strong opinions both in favor and against the initiative. At present, the vote is ongoing, and it could significantly influence the future of the Polkadot network.
Polkadot’s Push for a Native Stablecoin Bryan Chen, co-founder of Acala, introduced the proposal for pUSD. The plan suggests launching the stablecoin on Polkadot’s Asset Hub using the Honzon protocol. Honzon had previously been used in Acala’s aUSD project, which faced a failed launch due to an exploit. Despite the past failure, Chen has emphasized the importance of Polkadot having a decentralized stablecoin to reduce its reliance on USDT and USDC.
Chen stated, “A native stablecoin will prevent Polkadot from losing liquidity to other chains that already have one.” He believes pUSD can maintain the network’s strategic advantage in the rapidly evolving blockchain ecosystem. Although over 74.6% of the votes are in favor of the stablecoin, the measure requires 79.7% approval to pass. With over $5.6 million in DOT already committed to the vote, the outcome remains uncertain.
Acala’s Memories and Community Doubts Despite the potential benefits of a native stablecoin, memories of Acala’s previous failure have caused skepticism. The aUSD project’s collapse in 2022 due to an exploit left a lasting impact on the community. Some members argue that Acala should not be entrusted with launching another stablecoin, given the risks involved.
A group known as TheGlobedotters expressed concerns, urging that Acala’s involvement should be avoided. Others, like The White Rabbit, have said they could support the proposal if Acala were excluded from its development. They also call for strict governance safeguards before any stablecoin is deployed.
Gavin Wood Outlines the Broader Vision for Polkadot Polkadot’s founder, Gavin Wood, has also weighed in on the stablecoin debate. He outlined a broader strategy that includes both fully collateralized stablecoins like pUSD and more flexible “stable-ish” assets. Wood believes a multi-approach strategy is necessary to address Polkadot’s volatility issues while stabilizing the network’s validator rewards.
Wood suggested that validators could be paid in pUSD instead of volatile DOT, which would stabilize their income. He argued that such a move would attract institutional participants and enhance Polkadot’s long-term security. “A DOT-backed stablecoin like pUSD could be key to strengthening Polkadot’s position,” Wood added.
Aave integroval dolarová aktiva Maple, syrupUSDC a syrupUSDT, napříč sítěmi Ethereum, Base a Plasma. Integrace už přinesla více než 750 milionů USD přílivů a cílí na udržitelný výnos pro fintechy a neobanky.
About: Aave is the largest protocol in DeFi, providing the deepest liquidity layer for yield
“The integration of Maple’s dollar assets on Aave connects institutional-grade, overcollateralized yield with the deepest onchain liquidity layer. It unlocks opportunities for fintechs and neobanks looking to bring yields to their users with the sustainability and scalability required to operate at real-world scale.”– Stani Kulechov, Founder Aave Labs
The ContextAave is the largest and most trusted DeFi protocol and lending network. It enables lending and borrowing across all key ecosystems and unlocks yield strategies at scale. Maple, the largest onchain asset manager with $4B+ in AUM, brings its yield-bearing dollar assets backed by overcollateralized lending to Aave. The integration unlocks opportunities for fintechs and neobanks looking to bring yields to their users.
Two major bottlenecks remain even for financial apps that have solved distribution: yield sustainability and scalability. Maple’s deployment on Aave addresses both. SyrupUSDC and syrupUSDT deliver sustainable overcollateralized yields, with capital protected at all times. Aave’s unmatched liquidity ensures that yield generation strategies can scale to tens of billions of dollars that the largest fintechs and neobanks aim to bring.
The IntegrationThe partnership launched in September 2025 with a strategic vision to connect Aave's deep liquidity layer with Maple's institutional asset management infrastructure.
syrupUSDT was first listed on the Plasma instance, followed by syrupUSDT on Aave's core Ethereum market. The integration has since expanded to Base with syrupUSDC, making Maple's yield-bearing assets available across three of Aave's key deployments with hundreds of millions in available capital.
The scalable infrastructure supporting the integration ensures that financial apps can bring yields to their users in a capital efficient and seamless manner. As Maple continues to expand on Aave, even more scalable options for yield will become available.
Full integration documentation is available here.
The OutcomeAave gains two new high-quality collateral assets that bring inflows from fintech and neobank depositors while Maple's network of financial apps gets access to the most liquid and secure yields.
For Aave, Maple unlocks billions in deployable capital seeking stable and scalable returns. For Maple, Aave provides the flexibility and liquidity depth that amplifies its returns and allows it to onboard more fintech partners.
The deepest liquidity layer and the largest onchain asset manager continue to scale together with end users benefitting the most.
RARI Chain, NFT-focused Layer 3 na Arbitrum, spustil mainnet a slibuje garantované autorské odměny na úrovni sítě. Rarible plánuje integraci i platební karty.
NFT-focused Layer 3 blockchain aims to empower creators with guaranteed royalties.
RARI Chain, an Arbitrum-based Layer 3 blockchain dedicated to NFTs, has completed its mainnet launch.
Developed by the RARI Foundation using Caldera, a rollup deployment platform, RARI Chain operates as an Arbitrum Orbit chain and provides customizable rules, independent governance mechanisms, and an environment tailored to the specific needs of NFTs – such as its embedding of creator royalties at the node level.
The project is commemorating the launch with a series of open editions from ten digital artists - Alien Queen, Amber Vittoria, Andre Oshea, Ed Balloon, Jimena Buena Vida, Lindsey Byrnes, Ottis Ots, Saideart, Techkeyz, and Trizzy Trunk.
"RARI Chain makes it impossible to circumvent the value of royalties. By deploying marketplaces on RARI Chain, creators can be confident that their royalties are guaranteed," said Alex Salnikov, Chief Strategy Officer and co-founder of Rarible.
Rarible plans to integrate RARI Chain into its marketplace, making it easy to bridge assets back and forth. The team also plans to introduce credit card payments.
RARI Chain will establish grants for developers to build applications on the network. A planned Creator Fund would allocate a portion of the chain's revenue to a dedicated treasury to reward artists, controlled by the RARI DAO.
SEC uzavřela vyrovnání s Rari Capital a jejími spoluzakladateli kvůli klamání investorů a neoprávněné činnosti makléře. Firma tvrdila, že Earn pooly spravují aktiva automaticky, ale SEC uvedla, že rebalancování probíhalo ručně.
The SEC has settled charges against Rari Capital and its co-founders for misleading investors. Rari Capital was accused of misleading investors with false claims about automatic asset management. On Wednesday, the U.S. Securities and Exchange Commission (SEC) announced a settlement with Rari Capital, a decentralized finance (DeFi) protocol, along with its co-founders, over allegations of “misleading investors and engaging in unregistered brokerage activities.”
In a recent announcement, the SEC stated that Rari Capital’s Earn and Fuse pools operated similarly to crypto investment funds, allowing users to deposit their crypto assets and earn returns. The SEC’s complaint highlighted that Rari Capital conducted unauthorized sales of securities by offering interests in these pools and their associated governance tokens.
The SEC further alleged that the co-founders—Jai Bhavnani, Jack Lipstone, and David Lucid—misled investors about the functionality of the Earn pools. They had claimed that these pools would “automatically manage and optimize crypto assets for the highest returns.” However, the SEC revealed that they handled this process manually, and there were instances where the rebalancing did not perform as promised.
Additionally, the SEC accused Rari Capital of engaging in unregistered broker activities concerning its user-generated Fuse pools. At its peak, Rari Capital had over $1 billion worth of assets locked in its pools.
Overview of Rari Capital’s Operations and Challenges Rari Capital was founded in 2020 and aimed to provide automated yield farming. That platform optimized returns across various protocols such as Compound and dYdX. The Fuse protocol allowed users to establish personalized lending and borrowing markets.
In March 2022, Rari Capital suffered a significant security breach when the Fuse platform was hacked. That resulted in a loss of $80 million, as per SEC findings. Following this incident, Rari Capital halted new deposits and began winding down the Fuse service.
As part of the settlement, Rari Capital Infrastructure LLC, which took over Rari Capital after the hack, has agreed to comply with securities laws moving forward. Both Rari Capital and its co-founders did not admit to or deny the SEC’s allegations.
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A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
Re spustila na Avalanche svůj první otevřený fond tokenizovaného zajištění, přičemž do něj Nexus Mutual alokovala 15 mil. USD. Fond cílí na konzervativní pojištění a nabízí až 23% roční výnos.
Updated May 14, 2024, 5:24 p.m. Published May 14, 2024, 1:00 p.m.
2 min read
Karn Saroya, CEO of Re (Re)The new fund backs low-volatility insurances covering properties, trucking, aviation and workers compensation, excluding catastrophic risks at the start, Re CEO Karn Saroya said in an interview.Re targets to back $200 million in insurance premiums by the end of the year, with another $3 billion in the pipeline.The firm also raised $7 million in a venture capital investment round led by Electric Capital.Re, a real-world asset (RWA) platform specializing in offering tokenized reinsurance, said Tuesday it has opened its first open-ended reinsurance fund using the Avalanche {{AVAX}} network.
First investors of the fund include Nexus Mutual, a crypto insurance alternative provider, with a $15 million allocation and the RWA-focused Vista fund of Ava Labs, an ecosystem developer organization of Avalanche, with a smaller deposit.
The company also raised $7 million in venture capital in its latest fundraising round led by Electric Capital, following a $14 million seed round in late 2022.
Re, which is regulated in the Cayman Islands, focuses on introducing blockchain tech for a traditionally opaque, conservative industry and aims to be a decentralized version of Lloyd's of London, though of as the premier marketplace for insurance.
Reinsurance companies offer protection for insurance firms, collecting premiums to cover certain types of risks. With nearly $1 trillion in premiums annually, reinsurance is a cornerstone of today's financial markets and commerce, Karn Saroya, chief executive officer of Re said in an interview with CoinDesk.
"Reinsurance is the ocean, and insurance companies are the boats floating on the water,” he said.
Bringing these assets to blockchain rails can improve settlements, operational efficiency and create greater transparency of capital reserves, Saroya explained. This is in line with the red-hot tokenization trend, with digital asset firms and global financial institutions such as BlackRock, Citi and Franklin Templeton creating digital versions of old-school investments – often referred to as RWAs – to trade them on blockchains for operational benefits.
Read more: Why Asset Tokenization Is Inevitable
In the beginning, Re's new fund backs more conservative, low-volatility insurances such as property, trucking, aviation and workers compensation, excluding catastrophic risks, Karoya said.
The fund targets to offer up to 23% annualized yield to investors, and is accessible to U.S. accredited investors and any investors outside the U.S. who complete Re's know-your-customer (KYC) process. The minimum lock-up period for deposits is one year, and funds are available for redemptions as collateral is released from the insurance companies.
Investing in the fund is similar to high-yield fixed income, Saroya said, making it attractive to decentralized autonomous organizations (DAO) and ecosystem funds to deploy capital.
OpenCover, Request Finance a Nexus Mutual spustily první blockchainové Transaction Cover. Vybrané transakce na Request Finance jsou nově kryté až do 100 000 USD.
[PRESS RELEASE – London, United Kingdom, September 18th, 2024]
The collaboration sets a new standard in decentralized finance (DeFi) by shifting blockchain transaction risk away from end users for the first time.
OpenCover, a leading platform for blockchain insurance and insurance alternatives backed by Coinbase Venture’s Base Ecosystem Fund, NFX, Jump, Alliance, Village Global and Orange DAO is announcing a strategic partnership with Request Finance and Nexus Mutual. This collaboration marks a historic milestone in decentralized finance (DeFi), offering unparalleled protection for blockchain users across multiple blockchain ecosystems including Ethereum, Arbitrum, Polygon, BNB, Optimism and Avalanche.
For the first time, eligible transactions on Request Finance are covered up to $100,000. This protects end-users from the main technical, economic, and security risks inherent to blockchain transactions, making onchain finance safer and matching transaction guarantees on traditional financial infrastructure.
Traditionally, the “your keys, your coins” mantra placed the full burden of blockchain risk — such as oracle price feed errors, smart contract bugs and stablecoins losing their peg — directly on the end-user.
OpenCover’s new Transaction Cover, underwritten by Nexus Mutual, transfers the risk of failure or unforeseen blockchain transaction outcomes away from the end-user. Users now benefit from the same transaction guarantees typically seen in traditional finance but with the advantages of faster settlement times, full transparency, and significantly lower fees attained by using blockchain rails.
“For decentralized finance to become a credible extension to traditional finance, blockchain transactions need to be as safe as they are efficient,” said Jeremiah Smith, Co-Founder and CEO of OpenCover. “This unique partnership with Request Finance and Nexus Mutual sets a new standard, allowing blockchain users to fully embrace self-custody and onchain finance without the downside of transaction risk.”
This collaboration not only strengthens OpenCover’s mission to promote blockchain safety but also aligns with the wider movement toward mainstream blockchain adoption. By abstracting transaction risk from end-users, OpenCover, Request Finance, and Nexus Mutual are bringing blockchain payments to parity with the protections that have long been standard in traditional financial systems.
About OpenCover (https://opencover.com)
Founded by Y Combinator alumni Jeremiah Smith and Yury Oparin, OpenCover works with top-tier underwriters to provide individuals and institutions protection against onchain risks, including transaction and protocol risk.
About Request Finance (https://request.finance)
Request Finance is a comprehensive invoicing, payment, and accounting platform for Web2 and Web3 businesses. By simplifying payments in both crypto and fiat currencies, Request Finance is helping businesses embrace decentralized finance while ensuring transparency and efficiency. Request has processed over $800 million in transactions since 2020.
About Nexus Mutual (https://nexusmutual.io/)
Nexus Mutual is the leading crypto insurance alternative for protocol and other blockchain risks. The mutual has underwritten close to $5 billion in risk since being established in 2019.
Babylon Labs a Nexus Mutual spojily síly, aby chránily stakovaný bitcoin ($BTC) před slashingem. Cílí na vlastní pojistnou ochranu pro stakery i instituce.
From a speculative asset to a foundational element, Bitcoin ($BTC) continuously grows in terms of decentralized finance. This continuous evolution urges Babylon Labs and Nexus Mutual to join their efforts to safeguard billions of dollars in staked Bitcoin ($BTC). They aim to protect staked Bitcoin with a product that pioneers slashing protection. Bitcoin ($BTC) has now become a crucial part of financial systems worldwide. So, this alliance strives to provide crypto holders peace of mind, resilience, and trust while participating in staking.
Babylon Labs and Nexus to Reinforce Bitcoin ($BTC) Staking Security Babylon Bitcoin staking protocol holds billions of dollars to protect comparatively imperative assets. Nexus Mutual is renowned as a leader in crypto-based insurance alternatives. The platform now aims to create a bespoke slashing protection protocol. Babylon’s users can directly approach this product, so Babylon Labs plays a significant role in this process. The lab stays ahead in the development of the product, providing technical insights while facilitating connections with potential users.
Nexus Mutual was established in 2019, underwriting more than $5.5 billion in the coverage of digital assets. The platform offered $BTC-denominated insurance products at first. Its collaboration with Babylon Labs aims to strengthen the missions of both firms. Babylon Labs continues to unveil Bitcoin ($BTC) utility by providing secure staking solutions. On the other hand, Nexus Mutual leads in crypto-risk innovations.
The Partnership Provides Custom Coverage for a Decentralized Future Through this partnership, Nexus Mutual and Babylon aim to explore expanded Bitcoin Secured Networks (BSNs). This advancement enables customizable protection, improving liquidity and user confidence. Nexus Mutual’s coverage products strive to meet the demands, ranging from individuals staking their Bitcoins to institutions participating at scale.
The Head of Business Development at Babylon Labs, Clayton Menzel, states, “We’re excited about Nexus Mutual’s upcoming slashing protection product and what it could mean for Bitcoin stakers.” He further says, “This collaboration supports our mission of unlocking Bitcoin to secure the decentralized economy.”
The Founder of Nexus Mutual, Hugh Karp, emphasized the statement, stating, “Bitcoin is now a crucial part of the global financial system, and we’re excited to work with Babylon Labs to offer new ways to protect and leverage this digital asset.”
The alliance between Nexus Mutual and Babylon Labs is a significant step towards creating a more scalable and secure environment for Bitcoin staking. This environment will merge the reliability of insurance with decentralized capabilities.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Nexus Mutual vyplatila 250 000 USD uživatelům zasaženým hackem Arcadia Finance za 3,5 milionu USD. Jde o jedno z prvních velkých pojistných plnění na Base.
Nexus Mutual has transferred $250,000 to reimburse users caught in Arcadia Finance’s $3.5 million exploit, marking one of Base blockchain’s first major insurance settlements. The payout arrives as Arcadia’s own recovery plan remains weeks from implementation.
Summary
Nexus Mutual paid $250,000 to victims of Arcadia Finance’s $3.5 million hack, marking one of Base chain’s first major insurance settlements. The payout offers early restitution ahead of Arcadia’s own delayed recovery plan based on “Recovery Tokens.” On August 4, crypto insurance alternative Nexus Mutual announced it had paid out $250,000 to users impacted by the July 15 Arcadia Finance exploit on Base, where attackers drained $3.5 million in stablecoins through a contract vulnerability.
The smart contract bug allowed funds to be siphoned directly from user accounts, with stolen assets swiftly laundered into wrapped Ether. Nexus Mutual began processing claims in late July after a standard cooldown period, ultimately honoring coverage for eligible users who had purchased protection through OpenCover, a Base-native distributor.
A turning point for DeFi risk mitigation? The Arcadia Finance payout signals a deeper shift in the way decentralized finance is starting to confront its most systemic weakness: the lack of credible recourse when things go wrong. Nexus Mutual has now paid out over $18.2 million across 37 incidents since 2019, according to its public claims dashboard.
The Arcadia settlement joins a roster of landmark payouts including $5 million for the 2022 TribeDAO hack, $2.3 million for Euler Finance’s $197 million exploit, and nearly $5 million when FTX collapsed. These aren’t abstract numbers; they trace the evolution of crypto’s risk management infrastructure through its most chaotic years.
While smaller than other settlements, the Arcadia payout is symbolic. Its timing matters: this is one of the earliest high-profile insurance resolutions on Base, Coinbase’s Layer 2 chain, which has only recently started to see sustained DeFi activity. For affected users, the payout served as a crucial stopgap in the absence of protocol-native compensation, arriving before Arcadia itself was able to mobilize a full recovery plan.
Meanwhile, Arcadia Finance has charted a different course with its Recovery Token (RT) system, a complex mechanism where victims receive USDC-pegged tokens redeemable through staking, fee rebates, or secondary market sales.
Though innovative in its attempt to align incentives, the plan requires users to maintain long-term engagement with the protocol. Some may prefer Nexus Mutual’s straightforward ETH transfers, which impose no lockups or behavioral conditions.
Nexus Mutual integroval Symbiotic a vytvořil výnosovou zajišťovací vrstvu pro krytí DeFi rizik. Kapitál nyní může současně zajišťovat PoS sítě i underwriting coveru Nexus Mutual.
Updated Dec 11, 2025, 1:28 p.m. Published Nov 19, 2025, 6:32 a.m.
2 min read
Inside the Lloyd's of London insurance market. (Lloyd's of London)Summary
Capital allocated via Symbiotic can now secure traditional proof-of-stake (PoS) networks while simultaneously underwriting Nexus coverage.The partnership addresses a structural gap in DeFi risk coverage: the lack of scalable and transparent reinsurance infrastructure.Decentralized insurance protocol Nexus Mutual, has integrated with underwriting and capital efficiency protocol Symbiotic to create a yield-generating reinsurance layer to underwrite decentralized finance risks.
The collaboration with Symbiotic introduces a new class of underwriting vaults aligned with Nexus cover durations, enabling real-time capital reallocation and fast claim settlement, according to a press release on Wednesday.
Capital allocated via Symbiotic can now secure traditional proof-of-stake (PoS) networks while simultaneously underwriting Nexus coverage, helping scale the alternative insurance cover provider without introducing centralization or inefficiencies typical of legacy models, the release said.
“For years, onchain risk markets have struggled to scale because capital was fragmented across isolated pools,” said Misha Putiatin, co-founder of Symbiotic. “By introducing composable underwriting infrastructure, we’re unlocking scalable, permissionless risk markets where capital can finally work across multiple layers of the ecosystem. This isn’t just an improvement in efficiency, it's something that can finally get us to scale”
Nexus Mutual seeks to address the dire shortage of insurance capacity within the crypto industry by allowing members to deploy assets into syndicates, in a way similar to how the Lloyd’s of London market operates, for which they receive NXM tokens. These tokens are then used to back certain risks in return for yields which can reach around 25%, according to Nexus Mutual founder Hugh Karp.
The partnership addresses a structural gap in DeFi risk coverage: the lack of scalable and transparent reinsurance infrastructure. For Nexus Mutual, it opens doors to additional underwriting demand, allowing the protocol to expand coverage across protocols and asset classes without raising idle reserves.
“As there continues to be greater institutional adoption of DeFi, investors have been asking Nexus Mutual to cover risks at an even larger scale,” said Hugh Karp, Founder of Nexus Mutual. “By working with Symbiotic, we’re making sure our onchain cover solutions can fit the needs of any institutional investor or protocol.”
The world’s largest crypto exchange Binance on Monday announced delisting and ceasing trading of these four cryptocurrencies from Binance spot and margin. Waves (WAVES), OMG Network (OMG), NEM (XEM), and Wrapped NXM (WNXM) delisting announcement has caused prices to dip massively.
Derivatives trading data report major trades as traders and investors move or readjust their holdings in WAVES, OMG, XEM, and WNXM, causing open interests to pump over 100% in the last 24 hours.
Binance Announces Delisting of WAVES, OMG, XEM, NXM In an official announcement on June 3, Binance said it has decided to delist and cease trading on all spot and margin trading pairs of Waves (WAVES), OMG Network (OMG), NEM (XEM), and Wrapped NXM (WNXM). Users will not be able to trade these cryptocurrencies after 03:00 UTC on June 17.
Exchange claims these crypto have failed to meet the standard and industry requirements in reviews done periodically by the crypto exchange.
“When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics,” stated Binance.
The last date for withdrawing these tokens is September 17 as the exchange completely ends support for these crypto. Binance delisting these tokens from Binance Simple Earn, Binance Auto-Invest, and Binance Loans weeks before the delisting date.
Binance’s Delisting Factors For All Crypto Crypto exchange Binance reviews listed crypto for maintaining a high level of standard and industry requirements. These are in line with listing requirements of the exchange.
These include a team’s commitment to project, development activity, trading volume and liquidity, stability and safety of network, smart contract stability, level of public communication, response to exchange’s periodic due diligence requests, unethical/fraudulent conduct or negligence, regulatory requirements, and contribution to crypto ecosystem.
Prices Tumbled After Announcement WAVES price tumbled over 25% after Binance’s announcement, with the price currently trading at $1.77. The trading volume has jumped over 900% as traders and investors make quick readjustments to their holdings.
Meanwhile, OMG, WNXM, XEM prices have dropped over 25%, 3%, and 29%, respectively, in the last few hours.
Interestingly, the announcement caused massive futures trading as WAVES, OMG, XEM futures open interest jumped over 100%. The move is likely triggered by a change in margins and readjustments to trade.
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Galxe spustila ekosystémový fond v hodnotě 50 milionů USD na podporu vývoje na blockchainu Gravity. K tomu přidala dalších 5 milionů USD na granty pro vývojáře.
Key NotesGalxe's $50M fund seeks to revolutionize blockchain ecosystems by supporting decentralized projects.The fund was backed by venture capital companies like HashKey Capital and DAO5, supporting Galxe's vision for decentralized innovation.Galxe has added an additional $5 million in grants to bolster innovation. Galxe, a leading Web3 identity and rewards platform, has announced the launch of a $50 million ecosystem fund to accelerate innovation within its newly upgraded Gravity blockchain.
According to an announcement on Tuesday, this initiative, known as the Gravity Ecosystem VC Alliance, seeks to support developers and projects in building high-performance decentralized solutions while expanding the capabilities of the blockchain’s ecosystem.
A $50M Boost for Blockchain Developers The Gravity Ecosystem VC Alliance was established to provide funding, resources, and strategic backing for developers aiming to create scalable and efficient applications on the Gravity blockchain. Prominent investors, including HashKey Capital, DAO5, Draper Dragon, and Spartan Group, supported the new initiative.
Galxe’s co-founder, Charles Wayn described the initiative as a vital step toward supporting innovative projects that align with the platform’s mission.
“We wanted to start to build out the ecosystem and allow more developers to come over and build here. The advantage of building on Gravity is that you get instant access to the 1 million daily active users of Galxe,” Wayn told Cointelegraph.
To complement the ecosystem fund, Galxe has also allocated an additional $5 million in developer grants to encourage further innovation. These grants aim to attract developers looking to capitalize on Gravity’s robust technical infrastructure and vast community of 31 million users.
Introducing Grevm 1.0 In addition to the ecosystem fund, Galxe has introduced Grevm 1.0, an open-source parallel Ethereum Virtual Machine (EVM) to upgrade Gravity. The new blockchain solution was developed using the Rust programming language to offer a simplified and more efficient alternative to traditional EVMs.
The Grevm 1.0 seeks to provide a better foundation for developers compared to existing solutions.
The Gravity network boasts impressive technical capabilities, including 1 gigagas per second throughput, sub-second transaction finality, and robust Proof-of-Stake (PoS) security.
The protocol launched its Alpha Mainnet in August 2024, marking a strategic shift away from centralized infrastructure. During the transition, Galxe moved its core applications — such as Passport, Quest, Compass, and Identity Protocol — on-chain.
Galxe provides developers with a decentralized framework to build and grow their projects independently. The full mainnet is scheduled for launch next year.
A Vision for Interconnected Innovation Gravity’s infrastructure supports seamless integration across 70 interconnected blockchains, enabling developers to build applications that cater to a wide array of use cases. Additionally, its native token, G, facilitates uniform payment for gas fees across these networks, simplifying user interactions and improving accessibility.
The blockchain also has its own native SDK dubbed “Gravity SDK”, currently under development. According to Galxe, the open-source toolkit will enhance developer capabilities by providing a streamlined framework for creating decentralized applications.
Xia has high ambitions for the SDK, noting that it is being developed to outperform existing solutions like the Cosmos SDK by offering greater flexibility and efficiency.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Chimamanda is a crypto enthusiast and experienced writer focusing on the dynamic world of cryptocurrencies. She joined the industry in 2019 and has since developed an interest in the emerging economy. She combines her passion for blockchain technology with her love for travel and food, bringing a fresh and engaging perspective to her work.
Onyxcoin (XCN) climbed to a 3-month high after South Korean exchange Upbit confirmed it will list the token today.
The altcoin saw a notable price surge after the announcement, reaching an intraday peak of $0.0086, its strongest level since mid-January.
Onyxcoin (XCN) Price Jumps to January Highs Ahead of Upbit DebutAt press time, XCN was trading at $0.0077, up 64.48% since the announcement. The sharp rally has propelled the token to the top of the gainers’ list among the 1,000 largest cryptocurrencies by market capitalization on CoinGecko.
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Onyxcoin (XCN) Price Performance. Source: TradingViewThe daily trading volume also jumped 629% to reach $37 million. South Korea’s second-largest crypto exchange accounted 25.45% of the total volume. Historically, Upbit listings have produced sharp short-term price reactions in newly listed altcoins.
Meanwhile, the exchange revealed that XCN trading will start at 16:00 Korean Standard Time (KST). The altcoin will be available to trade against two pairs: the Korean Won (KRW) and Tether (USDT).
“Please be sure to verify the network before depositing digital assets. Deposits and withdrawals through networks other than the one specified are not supported,” the notice read.
The exchange also noted that it will apply short-term trading restrictions. For the first five minutes after trading opens, traders will not be able to place buy orders, and sell orders priced more than 10% below the previous day’s closing value will be blocked.
Additionally, the exchange will permit only limit orders for approximately two hours after trading support begins. The temporary measures are meant to reduce volatility and ensure a fair, controlled start to XCN trading.
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Moonbeam, N3MUS a Sao Mai Games spouštějí on-chain turnaj GLMillionaiRe s výherním fondem 1 000 000 GLMR. Hráči zaplatí 10 GLMR za hru a soutěž poběží týden od 21. do 28. srpna.
The Moonbeam Foundation, N3MUS, and Sao Mai Games are thrilled to announce the launch of GLMillionaiRe, a groundbreaking onchain gaming tournament designed to showcase competitive gameplay, reward top performers, and bring new users into the Moonbeam ecosystem.
With a 1,000,000 GLMR prize pool and an entry fee of just 10 GLMR per game, GLMillionaiRe rewards both individual game performance and leaderboard consistency. The first weeklong tournament will run August 21–28, with additional tournaments to follow.
Onchain Gaming at Scale: GLMillionaiRe Features and Format Table of Contents
Onchain Gaming at Scale: GLMillionaiRe Features and FormatBetting for Spectators: Onchain Predictions via OddsHubPrize Breakdown and Tournament MechanicsMajor Prize TracksAdditional Leaderboard PrizesSustainability & FairnessBuilt-In Security, KYC, and Anti-Cheat ProtectionsAnti-Cheat Measures Include:A Unified Ecosystem for Web3 GamingGet StartedAbout MoonbeamAbout N3MUSAbout Sequence GLMillionaiRe features Moondrop, a fast-paced, reflex- and speed-based web mini-game developed by Sao Mai. The tournament is powered by N3MUS, a web3 gaming infrastructure provider, and utilizes Sequence’s web3 developer platform and smart wallet solutions to streamline onboarding for new players.
Key elements:
Entry, scoring, and rewards are all handled onchain Intuitive onboarding via Sequence’s smart wallet abstraction Gas-free gameplay for participants “GLMillionaiRe is more than a contest; it’s an experiment in onchain gaming at scale,” said Sicco Naets, Head of Ecosystem at Moonbeam. “With a small entry fee, zero gas for players, and intuitive onboarding via the Sequence wallet, the tournament lowers the barrier for mainstream adoption while introducing gamers to the speed and security of Moonbeam.”
Betting for Spectators: Onchain Predictions via OddsHub To expand participation beyond players, the Moonbeam Foundation has partnered with OddsHub, an onchain prediction market platform. Spectators can place bets on:
Who will hit the high score Final scores Other pre-set predictions This feature enables broader engagement with the Moondrop tournament, even for non-players.
Prize Breakdown and Tournament Mechanics Each contestant may play up to five games per day during the seven-day event. Prizes are structured across two main tracks:
Major Prize Tracks Highest single-game score: 450,000 GLMR Highest cumulative score: 450,000 GLMR Additional Leaderboard Prizes 10 secondary prizes: 10,000 GLMR each Sustainability & Fairness Top two prize winners receive payouts in monthly installments over 10 months All entry fees are recycled into future prize pools Previous top winners are ineligible for the first prize again to give new players a fair chance Built-In Security, KYC, and Anti-Cheat Protections GLMillionaiRe is built with transparency and fairness at its core:
All players use a Moondrop smart wallet via social login (powered by Sequence) Strict ban on multi-account participation Wallet funding checks by N3MUS to prevent sybil attacks Governed by a comprehensive onchain Fair Play Policy Anti-Cheat Measures Include: Score publishing Sleep detection Multi-account detection Social quest verification KYC required for all prize winners A Unified Ecosystem for Web3 Gaming “Our ecosystem teams have been working on this behind the scenes for several months and this tournament is a strong statement of intent,” said Naets. “It’s web3 gaming with real stakes, real scalability, and real community alignment. GLMillionaiRe shows how Moonbeam, N3MUS, Sao Mai, and Sequence can work seamlessly together to create onchain experiences that are fun, fair, and fully decentralized.”
Moonbeam’s push into gaming is backed by measurable growth, according to FiDi:
Gaming transactions rose by 154.8% QoQ, reaching 1.57 million in Q2 2025 Unique active wallets surged by 76.1% to 8,500 Over 600,000 games played in N3MUS-powered tournaments Get Started Visit n3mus.com to register, set up your Sequence wallet, and start competing. Follow @MoonbeamNetwork on X for tournament coverage, partner announcements, and prize breakdowns.
About Moonbeam Moonbeam is a smart contract platform for building cross-chain connected applications that can tap into users, assets, and services across any blockchain. By combining Ethereum compatibility, Polkadot scalability, and integrated cross-chain messaging, Moonbeam enables seamless interoperability and a unified developer experience—paving the way for the next generation of connected apps. With a growing focus on Gaming and DeFi, Moonbeam offers early-stage developers a secure, low-friction environment to launch, grow their user base, and tap into Polkadot’s shared security and cross-ecosystem reach.
About N3MUS N3MUS provides infrastructure for running scalable, on-chain tournaments that prioritize transparency, verified player activity, and long-term engagement. Designed to support studios of all sizes, N3MUS enables competitive formats that are fair, automated, and accessible, without requiring players to manage wallets or understand blockchain.
About Sequence Build, scale, and unify your blockchain ecosystem with Sequence, your all-in-one open-source development platform for chains, games, and apps. One integration gives developers everything they need to create seamless, scalable, and engaging experiences. No more stitching together multiple solutions—just a single, powerful platform that accelerates adoption, enhances user experiences, and drives network effects.
Whether you’re launching a new chain, building the next big game, or shipping a breakthrough app, Sequence makes web3 development easy, efficient, and future-proof. Powering the EVM ecosystem of blockchains, thousands of developers, and millions of users, Sequence is backed by leading investors, including Take-Two Interactive, Ubisoft, Xsolla, and Coinbase.
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Binance podpoří plánovaný upgrade sítě Moonbeam (GLMR) a dočasně pozastaví vklady a výběry. Obchodování GLMR i souvisejících tokenů poběží dál bez přerušení.
Binance, one of the world's leading cryptocurrency exchanges, announced that it will support the planned technical upgrade of the Moonbeam (GLMR) network.
13.10.2025 - 05:59
Update: 13.10.2025 - 05:59
Binance, one of the world's leading cryptocurrency exchanges, announced that it will support the planned technical upgrade of the Moonbeam (GLMR) network.
Binance to Support Moonbeam (GLMR) Network Upgrade According to the official statement, in preparation for the upgrade, deposits and withdrawals of all tokens on the Moonbeam network will be temporarily suspended as of 3:00 PM on October 13, 2025.
The network upgrade is expected to occur at block height 12,993,016, approximately 4:00 PM. Binance will be handling all necessary technical work within its own team to ensure the security of user funds and ensure a seamless transition during this time.
Binance specifically emphasized that the maintenance period will only affect deposits and withdrawals, and that trading of GLMR and other related tokens will continue uninterrupted. Users will be able to continue trading in spot and futures markets.
Once the upgrade is complete and the network is confirmed to be stable, deposits and withdrawals of tokens on the Moonbeam network will automatically reopen. Binance also stated that no further announcements will be made after this period.
This network upgrade aims to improve Moonbeam's performance, transaction security, and cross-chain compatibility.
*This is not investment advice.
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Coinbase uvedla, že smlouva na USDC s Circle se automaticky obnovuje každé tři roky a nelze ji ukončit. Firma tak má stabilní podíl na úrokových výnosech z rezerv USDC.
TLDR: Coinbase CFO Alesia Haas confirmed the USDC contract auto-renews every three years into perpetuity. CLO Paul Grewal confirmed Circle’s contract terms are set and will auto-renew without renegotiation. The USDC contract cannot be terminated by either party, providing Coinbase with long-term stability. Coinbase earns a share of USDC reserve interest income, secured through the auto-renewal structure. The USDC contract between Coinbase and Circle auto-renews every three years and cannot be terminated, executives confirmed.
This disclosure came during Coinbase’s Q1 2026 earnings call. Chief Financial Officer Alesia Haas addressed the contract’s structure directly on the call.
Chief Legal Officer Paul Grewal also weighed in, confirming the existing terms remain set. Both executives stated that Coinbase expects to maintain the relationship with Circle under the same conditions.
CFO Alesia Haas confirmed the USDC contract structure during the Q1 2026 earnings call. She stated the agreement “auto-renews every three years into perpetuity and cannot be terminated.”
Coinbase: USDC Contract With Circle Auto-Renews Every Three Years and Cannot Be Terminated
Coinbase CFO Alesia Haas said on the earnings call that Coinbase’s USDC contract auto-renews every three years into perpetuity and cannot be terminated. Coinbase CLO Paul Grewal also said… pic.twitter.com/Pjpg3PBGIQ
— Wu Blockchain (@WuBlockchain) May 8, 2026
This means neither party holds the ability to exit the arrangement. The structure ensures a continuous and uninterrupted partnership between Coinbase and Circle.
The three-year renewal cycle removes any uncertainty around the long-term viability of the agreement. Coinbase derives a meaningful portion of its revenue from USDC-related interest income.
With the contract locked in, that revenue stream remains stable and predictable. Investors, therefore, have a clearer view of Coinbase’s stablecoin earnings outlook.
Haas also used the earnings call to introduce Shan Aggarwal as a key leadership addition. Aggarwal joins as Coinbase’s new Chief Business Officer and Head of Investor Relations.
She described him as her right hand during the company’s 2021 direct listing. He also led Coinbase’s Series E fundraise back in 2018.
CLO Paul Grewal Reaffirms Coinbase’s Contract Terms With Circle CLO Paul Grewal also addressed the Circle partnership during the same earnings call. He confirmed the “existing contract terms with Circle are set, will auto-renew.”
Furthermore, Grewal noted that Coinbase expects to continue the relationship under those same terms. His remarks reinforced what Haas had already outlined earlier in the call.
This confirmation is relevant given the growing role of USDC in the stablecoin market. Coinbase earns a share of interest income from the reserves backing USDC.
The three-year auto-renewal cycle keeps that income stream locked in without interruption. As a result, the contract provides the company with a reliable and recurring revenue base.
Together, the remarks from Haas and Grewal offer investors consistent and clear messaging. The USDC contract remains a foundational part of Coinbase’s business model.
Both executives’ statements confirm that Circle is a core, long-standing strategic partner. Coinbase’s stablecoin position, as a result, stays well-supported for the years ahead.
Nexus Mutual, a DeFi coverage protocol, has swapped 14,390 ETH (equivalent to $27.3 million) from its “safety insurance module” for Rocket Pool’s rETH liquid staking token using the CoW Swap DEX aggregator. This ranks as one of the largest on-chain swaps ever conducted by Nexus Mutual as part of a broader diversification strategy for the coverage protocol.
On-chain data indicates that Nexus Mutual executed its purchase of rETH in two transactions: one for 14,140 ETH and the other for 250 ETH, relying on CoW Swap’s trade routes for the swap.
This transactions were conducted as part of Nexus Mutual’s diversification strategy. Within the Nexus Mutual DAO, an investment committee recommended reallocating funds from its insurance module, which provides coverage for security incidents like hacks, to liquid staked ether. As a result, the project decided to invest in Rocket Pool ether (rETH), an asset generated by the liquid staking project, Rocket Pool.
“Staking with the Rocket Pool protocol would amplify Nexus Mutual’s investment in liquid staked ETH while adding protocol diversity. This would consequently limit the risk of exposure to any single staking provider,” said a spokesperson from Nexus Mutual.
Role of CoW Swap The Nexus Mutual team noted that it chose CoW Swap as its preferred DEX aggregator because of its price-matching capabilities, protection against maximal extractable value (MEV), and its ability to handle substantial volumes without significant slippage.
CoW Swap has previously facilitated transactions for other DAOs, such as Ethereum Name Service's swap of 10,000 ETH into USDC stablecoin in February. Just recently, the Aave community acquired $2 million in Balancer LP tokens using the protocol.
Bitcoin Gold, a minor fork of Bitcoin, fell victim to a 51% attack last week, according to an independent report on GitHub.
Bitcoin Gold’s Low Hashrate to Blame As explained by Vertcoin maintainer James Lovejoy, the cryptocurrency suffered two deep reorganizations on Thursday, Jan. 23 and Friday, Jan. 24.
By buying out the blockchain network’s hashrate, attackers were able to steal approximately 7,000 BTG ($72,000) through double spending.
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Bitcoin Gold appears to be an easy target due to its low hashrate. Lovejoy suggests that the attack would have cost about $1,700 based on current Nicehash prices. Similarly, Crypto51 suggests it would cost about $700 to attack the blockchain.
The attacker succeeded in moving the stolen cryptocurrency to Binance, and may have succeeded in cashing out the stolen funds. However, Binance has also increased its withdrawal times for Bitcoin Gold to prevent future thefts.
This is not the first time that Bitcoin Gold has suffered a 51% attack: it was previously hacked for $18 million in May 2018, which led several exchanges to delist the coin.
Bitcoin Gold isn’t the only blockchain that has fallen victim to an attack. Lovejoy detected a similar attack on Vertcoin in December. He also discovered attacks on Expanse and Litecoin Cash over the course of 2019.
Other blockchains that have been targeted by 51% attacks in recent years include Ethereum Classic, Verge, and Feathercoin.
Disclosure: This article was edited by Mike Dalton. For more information on how we create and review content, see our Editorial Policy.
Vertalo přidal Aptos do svého Securities Protocolu pro regulované tokenizované cenné papíry vedle Etherea a Tezosu. Emitenti tak mohou nově využít Aptos pro správu cap table a tokenizaci napříč více řetězci.
Vertalo, an SEC-registered transfer agent that has spent the better part of a decade building infrastructure for tokenized securities, has added Aptos to its platform. The Layer-1 blockchain now sits alongside Ethereum and Tezos as a supported chain for Vertalo’s Securities Protocol, which handles cap table management, transfer agency functions, and multi-chain tokenization for issuers and fund managers.
What Vertalo actually does, and why this matters Vertalo has been tackling exactly that problem since its founding in 2017. The company achieved SEC registration as a transfer agent in November 2019, operating under File No. 084-06663. Vertalo is one of the few platforms legally authorized to serve as the official record-keeper of who owns what in a tokenized securities structure.
The platform exposes over 1,000 GraphQL API endpoints, giving issuers and fund managers granular programmatic access to cap table data, investor management tools, and compliance workflows. It has partnered with more than 100 issuers over its lifetime, and its own first use case was tokenizing its own equity back in 2018.
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Adding Aptos to this stack means that issuers using Vertalo can now choose to deploy their tokenized securities on a high-throughput Layer-1 network built with the Move programming language, a language originally developed at Meta that was designed with resource safety and formal verification in mind.
Aptos keeps collecting institutional credibility tZERO announced Aptos as a preferred execution layer for tokenized assets on May 12, 2026. DigiShares made a similar move on April 7, 2026, integrating Aptos into its own tokenization platform.
BlackRock’s BUIDL fund, which was approximately $350 million as of late 2025, has exposure to Aptos. Franklin Templeton has similarly shown support for the network.
The RWA tokenization landscape is getting crowded Ethereum still dominates in terms of total tokenized asset value and ecosystem depth. But the fact that multiple regulated platforms are actively adding alternatives tells you something about where the market is heading: multi-chain by necessity, not by ideology.
Vertalo’s approach of supporting multiple chains through a unified Securities Protocol, with consistent cap table management across all of them, is essentially a bet that the future of tokenized securities won’t be a single-chain winner-take-all scenario.
What this means for investors The clustering of integrations from tZERO, DigiShares, and now Vertalo within a compressed timeframe — three major platforms onboarding within roughly six weeks — suggests the network is becoming a default option for compliance-minded builders.
The risk to watch is fragmentation. Multi-chain tokenization can create liquidity silos where the same asset class exists across multiple chains with limited interoperability. Vertalo’s unified cap table approach addresses part of this problem, but cross-chain settlement and secondary market liquidity remain unsolved challenges.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Aptos Foundation, HashKey MENA a Daya spustily pilot regulovaného B2B stablecoinového platebního koridoru mezi MENA a Afrikou se zúčtováním nativně na vrstvě 1 Aptos. Tokeny ekosystému Aptos po oznámení vzrostly o 5,1 % a tržní kapitalizace sítě dosáhla 4,03 miliardy USD.
Aptos Foundation, HashKey MENA, and Pan-African infrastructure provider Daya launched a pilot program on June 4 to build a regulated B2B stablecoin payment corridor connecting the MENA region with Africa, with settlement happening natively on the Aptos Layer 1 blockchain.
How the corridor actually works HashKey MENA, which operates under the regulatory oversight of Dubai’s Virtual Assets Regulatory Authority (VARA), anchors the Middle Eastern side of the corridor. On the African end, Daya provides the infrastructure that makes blockchain settlement practical for real-world commerce. Its platform supports fiat on-ramps and off-ramps, including virtual Naira accounts for Nigerian businesses.
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The pilot allows corporations to test compliant settlement solutions. The architecture is designed to address high costs, slow processing times, and chronic liquidity shortfalls.
Why this corridor, why now It’s a B2B corridor with licensed entities on both ends, operating within existing regulatory frameworks. Enterprise adoption of stablecoins has consistently been bottlenecked by compliance concerns rather than technical limitations.
Aptos as the underlying settlement layer is a deliberate choice. The blockchain was built with a focus on throughput and low transaction costs. Its Move programming language, originally developed at Meta’s defunct Diem project, was designed with financial applications in mind from the start.
What this means for investors Aptos ecosystem tokens climbed 5.1% following the announcement, pushing the network’s market capitalization to $4.03 billion. Transaction volumes and concrete adoption metrics have not been disclosed.
The risk calculus is straightforward. Pilot programs fail all the time. Regulatory environments in both MENA and Africa can shift quickly. African regulatory frameworks vary dramatically by country, and scaling beyond Nigeria will require navigating a patchwork of compliance regimes.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Klienti FTX chtějí, aby soud přecenil Serum, MAPS a OXY na stovky milionů dolarů místo téměř nulové hodnoty. Spor má před soudem v Delaware závěrečné argumenty.
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FTX customers are demanding substantial payouts from the bankrupt crypto firm. These customers claim three digital tokens, known as “Sam Coins,” deserve a higher value despite their association with convicted co-founder Sam Bankman-Fried.
Investors Push For Higher Valuation According to a Bloomberg report, the investors holding tokens called Serum, MAPS, and OXY are urging US Bankruptcy Judge John Dorsey to override the company’s experts’ conclusion that the tokens are “nearly worthless.”
Notably, Sam Bankman-Fried, who created Serum and obtained control over the other two tokens, was involved in securing deals related to them, as mentioned in court documents.
When FTX filed for bankruptcy in November 2022, the company held a significant majority of the tokens, far exceeding what could be sold, even without considering the fraudulent activities that led to its collapse, as the company argued in a court filing.
The firm’s advisers have proposed that the tokens should be valued at a minimal amount, possibly just a few cents. However, the token holders argue that this estimate is “flawed” and have presented their valuation method in court, suggesting that the tokens are worth hundreds of millions of dollars. They have filed claims demanding payment based on their calculations.
FTX Customers Prepare For Legal Showdown FTX’s lawyers state that other former customers will likely receive full reimbursement for their investments on the trading platform before bankruptcy. These customers had invested in US dollars, Bitcoin (BTC), and other assets that still hold value today.
The case between the customers and FTX is scheduled to reach its final arguments on Tuesday before Judge Dorsey in federal court in Wilmington, Delaware, the same jurisdiction currently seeing increased attention due to developments in Delaware sports betting legislation..
Per the report, the “Sam Coins” played a significant role in this fraudulent scheme, as asserted by bankruptcy officials. While these tokens had distinct names, they were colloquially called “Sam Coins” due to their close association with Bankman-Fried.
On the other hand, Sam Bankman-Fried was convicted of fraud for improperly transferring customer assets to a hedge fund under his control. The funds were subsequently utilized for high-risk investments, political donations, and expensive real estate, ultimately leading to the collapse of the FTX empire.
The daily chart shows that FTT’s price is trending downwards. Source: FTTUSD on TradingView.com At present, the native token of the exchange, FTT, is trading at $2.15, reflecting a 3% decline in price over the past 24 hours. However, the token has witnessed significant gains in recent months, accumulating a total growth of 65%.
Meanwhile, the three coins associated with Bankman-Fried display varying trends. Serum (SRM) has experienced a decline of over 5% in the past 24 hours and is currently valued at $0.06318.
On the other hand, MAPS is trading at $0.03549, demonstrating an upward trend of 9.4% during the same time frame. Lastly, Oxygen (OXY) stands at $0.01629, showcasing a notable surge of 15% within the given period.
Featured image from Shutterstock, chart from TradingView.com
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Alien Worlds v roce 2025 v průměru měl přes 90 000 denních aktivních účtů a posílil komunitní řízení. DAO zároveň zpracovaly 850 návrhů a alokovaly 12 080 321 Trilium.
2025 was one of the most important years in the history of Alien Worlds. From launch, the goal has always been to give increasing control to the community. This year showed how far that vision has come as players expanded the metaverse through games, governance, tools, lore, and new ways to earn Trilium.
With an average of more than 90,000 daily active accounts in 2025, Alien Worlds remained one of the most active decentralized ecosystems, driven by community builders, creators, and DAOs.
Milky Way Miner
Weekly tournaments grew significantly this year, offering Trilium rewards to all participants. Players staked Alien Worlds NFTs, competed in skill-based mining challenges, and progressed across a polished 2D platformer. Permanent boosts were removed to keep gameplay fair and balanced.
Mercenary Battlegrounds
This strategy title combined tower defense, auto-battler, and tactical mechanics. Staking crew.worlds NFTs unlocked Alien Worlds themed towers, and players battled through six weeks of tournaments supported by Trilium rewards.
Mayhem: Alien Worlds
A turn-based mobile shooter inspired by classic tactics games. Players selected their preferred race, used specialized abilities, and submitted kill shots during playtesting rounds that rewarded participation and helped refine gameplay.
Mission Control
A community-built platform that provided mining analytics, land insights, NFT tracking, and performance dashboards. Players used it daily to optimize strategy across the Alien Worlds economy.
Outlaw Troopers
A long-running community-created NFT game on WAX where players deploy Troopers in Encounters to earn FGL tokens and climb seasonal leaderboards. Players run Missions to collect virtual credits, gears, ore, and other resources used across the FGL ecosystem. Outlaw Troopers also introduced cooperative battles against the Orbatroid, where players can team up and compete for a share of Trilium rewards. New events and tournaments are announced through Alien Worlds socials.
Minecrafters
A Magor Union community project that combines the Minecraft experience with Alien Worlds themed gameplay. Players explore the server, complete quests, build structures, and interact with custom features inspired by the six planets. By staking Alien Worlds NFTs, players unlock progression paths and can earn Trilium through in-game activities and event participation.
Eyeke Embassy
One of the most active hubs of 2025. With expanded support through Galactic Hubs, the Eyeke Embassy introduced new Legendary and Mythic Mechs, increased mining and staking rewards, and released monthly one-of-one Mechs inspired by each Alien Worlds race. More than 25,000 NFTs were burned through blends during the event.
Planetary Defense
A strategic community-created game set on Magor where players defend land, launch coordinated attacks, and manage NFTs in real time. Landowners build defenses while mercenaries join raids or protect territories. Players face PvE threats and PvP battles, complete missions, and earn Planetary Defense Tokens. Progression comes from upgrading armies, increasing vote power, improving chests, and climbing the leaderboard.
Meta Battler
A community-built rogue-like deck-building strategy game that lets players use digital collectibles from across the WAX ecosystem, including Funkos and custom NFTs. Attributes are assigned automatically, allowing a wide range of items to become playable cards. Upcoming updates include streamer PvP, roguelike campaigns, NFT loot, and an economy powered by MBP. Players build decks, battle through encounters, unlock rewards, and experiment with new strategies shaped alongside the community.
Decentralization Became More Visible Alien Worlds continued progressing toward a community-directed structure where players guide development, resource distribution, and planetary governance.
Union DAOs Gained Greater Control Over Mining Rewards
Union DAOs can now direct up to 25 percent of their mining reward pool toward community initiatives. This expanded authority allows players to fund tools, games, events, and creative work within their planets.
Election Cycle Adjustments
Planets gained the ability to adjust their own election time frames, giving each community the flexibility to match governance to its activity and needs.
Control Over Custodian Count
DAOs gained authority over the number of custodians for their planet. This lets each Syndicate establish the structure that fits its voters and builders.
Syndicate Activity in 2025
Across all six planets:
850 proposals were submitted
791 proposals were executed
12,080,321 Trilium was allocated through Syndicate actions
Union DAOs executed 52 proposals this year, dispersing a total of 26,199,123 Trilium:
Neri Union: 6,588,501 Trilium
Kavian Union: 7,181,100 Trilium
Magor Union: 5,240,000 Trilium
Naron Union: 3,595,902 Trilium
Eyeke Union: 3,338,620 Trilium
Veles Union: 255,000 Trilium
Union DAO staking totals:
Neri Union: 1,786,743.1474
Kavian Union: 874,089.0837
Eyeke Union: 875,257.6168
Naron Union: 97,157.9867
Magor Union: 607,422.5292
Veles Union: 850,033.0595
Missions Reached Major Scale
In 2025:
20,993,150 total ships were sent on Missions
1,256,114,160 Trilium was staked for ship leasing
118,270,600 Trilium was distributed as Mission rewards
Lore and Creativity Expanded Through Players
Tokenized lore continued to grow in 2025.The system went live on January 29, and the first proposal was submitted on February 6. There were more than 122 community-written stories and over 1.1 million words of AI-assisted lore created based in the Alien Worlds metaverse.
Writers worked with the foundational lore created by Kevin J. Anderson. Players voted on which stories became canon, and contributors, librarians, and Lore Scribes supported new writers throughout the process.
Galactic Hubs Continued Supporting Builders In 2025, GHubs funding supported:
new game updates
mining experiences
Mech development in Eyeke
community tool improvements
cross-platform integrations
lore and storytelling initiatives
For a deeper look at GHubs funded projects and milestones, you can read the full Galactic Hubs report.
The Ecosystem Ahead Alien Worlds in 2025 was defined by players. Games were created by the community. Governance decisions were made by DAOs. Trilium rewards moved through structures selected by the community. Lore and worldbuilding came from contributors across the world. Alien Worlds continues to grow through the creativity and decisions of the Explorers who call the six planets home.
FTX vyprázdnila treasury peněženku FTT do nové adresy a přesunula aktiva za více než 256 milionů USD. Mezi nimi bylo 195,87 milionu FTT, 1 938 ETH a 6,36 milionu JOE.
The bankrupt FTX exchange emptied its FTT treasury account to a new wallet address on April 18.
Arkham Intelligence's dashboard showed that the transferred assets from the FTT Treasury wallet include 195.87 million FTT tokens valued at approximately $247 million, 1,938 ETH valued at around $6 million, and 6.36 million JOE tokens worth $3.25 million.
As a result, the Treasury wallet now holds only about $205 worth of digital assets, a significant reduction from the wallet's balance, which stood at about $612 million at the start of the year.
FTT, the native token of a now-defunct FTX crypto exchange, once gave customers discounts and privileges during the firm's heyday. However, revelations during the trial of former FTX CEO Sam Bankman-Fried showed that the digital asset was used to manipulate the financial records of the exchange and its affiliated trading firm, Alameda Research.
Since the exchange's dramatic collapse, FTT has plummeted by a staggering 98% from its peak of $84. Over the past month, it has declined by more than 34%, with a further drop of approximately 28% in the last seven days alone.
FTX Europe license remains suspendedMeanwhile, FTX regulatory issues continue amid its bankruptcy proceedings.
According to an April 16 notice, the Cyprus Securities and Exchange Commission (SEC) prolonged the suspension of its European subsidiary license until September 2024.
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The financial regulator's directive mandates that FTX Europe adhere to the Investment Services and Activities and Regulated Markets Law.
Consequently, FTX Europe remains barred from offering investment services, engaging in business transactions, or accepting new clients in light of this regulatory action. The firm is also prohibited from advertising investment services.
Conversely, FTX Europe must fulfill all pending transactions for itself and its clients upon request. Additionally, the SEC mandates the company to reimburse all funds and financial instruments from its clients.
Gearbox Protocol debutoval na Etherlinku s USDC vaultem od Re7 Labs a přináší institucionální DeFi strategie na Tezos Layer 2. Za sedm měsíců už Gearbox vytvořil objem obchodů dosahující 2,8 miliardy USD.
Curators may now create custom lending markets by using this distinctive, institutional-grade lending infrastructure . Over the course of seven months, Gearbox users have created $2.8 billion in trading volume across Ethereum DEXs. Gearbox Protocol, which has a USDC vault curated by Re7 Labs, has debuted on Etherlink. The deployment uses treasury-backed tokens like mTBILL, mBASIS, and mRe7YIELD to provide institutional-grade strategies to the Tezos Layer 2.
As DeFi’s credit layer, Gearbox links customers looking for composable leverage across return-generating options with passive liquidity providers. Curators may now create custom lending markets by using this distinctive, institutional-grade lending infrastructure thanks to the introduction of permissionless.
“We’ve been looking for the right L2 to expand Gearbox Permissionless, and Etherlink’s performance metrics and ecosystem convinced us,” said Mikhail Lazarev, Founder and CTO at Gearbox Protocol. “When you can get soft confirmations in under 500ms with fees that are negligible, combined with well-known DeFi protocols, it opens up entirely new possibilities for capital efficiency in leveraged strategies.”
As a vault curator, Re7 Labs contributes substantial experience, overseeing more than 700 million TVL over more than 100 pools on 14 blockchains. Re7, one of the leading DeFi curators in the world, uses unique risk management frameworks to generate profits. In order to increase underlying returns while upholding cautious risk criteria, the vault technique loops return-bearing tokens against USDC.
Evgeny Gokhberg, Managing Partner at Re7 Capital, said: “Etherlink’s infrastructure and Gearbox’s credit layer give us the ideal foundation to scale our strategies. We’re bringing institutional-grade yield to a new audience with the same discipline and risk management we apply across $1B+ in DeFi capital.”
Incentives from Apple Farm Season 2 and GEAR token payouts from the Gearbox DAO will also help the vault. Over the course of seven months, Gearbox users have created $2.8 billion in trading volume across Ethereum DEXs, and the protocol’s TVL increased by 230% to $400 million in H1 2025.
“Having Gearbox launch on Etherlink was a big win for us,” said Anthony Hayot, Head of DeFi Adoption at Nomadic Labs. “They bring serious institutional credibility, four years, zero hacks, $400 million TVL, and a product that will give real value to Etherlink users.”
For more over four years, Gearbox has had a perfect security record with no vulnerabilities or bad debt. The protocol operates under stringent governance mechanisms with 24-hour timelocks for vault parameter changes, and it has made large investments in audits by respectable firms.
Following the successful launch of Apple Farm Season 2 with over $3 million in incentives, the integration of Curve Finance to enable low-slippage stablecoin swaps, the launch of Liquid Bitcoin (LBTC) by Lombard Finance, and a 68.4% TVL increase in July that placed Etherlink among the fastest-rising Layer 2s, the Gearbox deployment comes after a period of significant momentum for Etherlink.
Through Credit Accounts and carefully chosen vaults overseen by knowledgeable asset managers, the decentralized credit layer known as Gearbox Protocol makes it possible to use composable leverage across DeFi possibilities.
A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.
Gearbox se po 80% propadu TVL vrací k bývalému maximu, když uživatelé do nového úvěrového trhu Permissionless nalili 250 milionů USD. Protokol od svého vzniku v roce 2021 stále nemá žádný bad debt.
Gearbox is nearing its previous TVL all-time high.The protocol’s TVL slumped massively last year.Gearbox has never suffered bad debt.For some DeFi projects, when airdrop rewards dry up, it kickstarts a terminal liquidity decline from which they don’t recover.
DeFi lending protocol Gearbox has defied that pattern.
Last year, its total value locked fell 80% from its $410 million peak. Users caused the slump by abandoning Gearbox when opportunities to farm airdrops of restaking services like Renzo shrank. TVL is a metric that measures the amount of deposits to a DeFi protocol.
Yet, Gearbox’s TVL has since bounced back to $340 million, DefiLlama data shows. The TVL includes funds borrowed on the protocol.
“A significant aspect of Gearbox’s comeback strategy was integrating assets no one else can,” a Gearbox team member who goes by Mugglesect told DL News.
For instance, Gearbox users can tap into illiquid assets available on protocols like Mellow Finance, a $430 million liquid restaking protocol.
Mugglesect said Gearbox is betting that this growth is anchored in users actually leveraging the protocol rather than chasing the next speculative farming craze.
Gearbox’s revival comes amid a resurgence in crypto’s lending sector that has pushed deposits to $130 billion, catapulting the sector to the summit of DeFi, even overtaking liquid staking, previously the biggest sector.
Unique advantageGearbox is small compared to giants like Aave and Morpho, whose deposits are in the tens of billions of dollars.
But it has a unique advantage: so-called credit accounts, Mugglesect said. These are smart contract wallets inside the Gearbox app that allow users to deploy leveraged capital across several DeFi markets for trading, staking, or providing liquidity.
Users deposit approved collateral like Ether on Gearbox to open a credit account. Based on the account’s leverage limits, they can borrow multiples of their collateral to use as capital to stake on Lido to earn staking yield, provide liquidity on Curve to receive boosted rewards, or trade perpetual contracts.
“You don’t just loop an asset, you borrow up to [40 times] your capital in a credit account and utilise it across DeFi, turning any integrated DeFi protocol leveraged,” Mugglesect said.
“Credit accounts can also connect to assets that aren’t on [decentralised exchanges] or aren’t even tokenised, something traditional lending protocols can’t do.”
Gearbox’s credit accounts offer composability, which means users can integrate across several DeFi markets via the platform.
That’s not possible on other protocols, such as Aave, Morpho, or Compound. There, users must manually transfer borrowed funds to other DeFi apps if they want to farm or stake.
Risk curatorsIn March, Gearbox launched a new lending market called Permissionless. It has been a major boon for the protocol, with credit accounts on Permissionless accounting for $250 million of Gearbox’s TVL.
Permissionless features risk curators. These are DAO-approved managers who define the assets and DeFi strategies that can be used with a Gearbox credit account. They also set the allowable risk parameters, like leverage limits and liquidation thresholds, to keep credit accounts safe for users.
Usually, the Gearbox DAO approves new assets that can be added to the protocol via a governance vote.
“Permissionless enables risk curators to onboard new markets to Gearbox without the DAO intervention,” Mugglesect said.
Under Permissionless, Gearbox has added five new blockchains and more than 25 markets to its lending stack while tripling the protocol’s market expansion, Mugglesect said.
“The protocol is already on 27 [blockchains], the most of any lending protocol,” Mugglesect said. “We’ll be doubling down on more such integrations to create sticky growth.”
Zero bad debtBut with crypto lending comes risks. As Gearbox swallows up more liquidity, the peril for lenders could increase.
The team takes a proactive approach to unforeseen events by forking the networks eight times a day to test against black swan events, Mugglesect said.
Gearbox has already proven its chops in navigating periods of market upheaval, Mugglesect said.
Last year, ezETH, Renzo’s Ethereum liquid staking token, lost its peg to Ethereum due to confusion over the protocol’s airdrop. Users couldn’t redeem ezETH for Ethereum, and that caused a massive selloff on exchanges.
The ezETH depeg caused $56 million worth of user positions to be liquidated, with $33 million of those losses happening on Gearbox due to the protocol’s popularity among restaking airdrop farmers.
Yet Gearbox didn’t suffer any bad debt thanks to its design. That design separates lenders, risk curators, and active borrowers into different layers within the protocol.
It even earned a profit from the ezETH depeg liquidation, whereas Morpho, the second-most affected protocol in the ezETH depeg incident, incurred about $34,000 in bad debt.
The protocol boasts a bad-debt-free track record since its inception in 2021.
Osato Avan-Nomayo is our Nigeria-based DeFi correspondent. He covers DeFi and tech. Got a tip? Please contact him at [email protected].
Somnia is integrating with Gearbox Protocol to enable SOMI and USDC markets, giving users access to leveraged DeFi strategies and credit accounts on the highest-performance EVM blockchain. Gearbox will also participate in the Somnia Liquidity Points program, meaning early users can earn rewards while exploring these new leverage capabilities.
Gearbox Protocol has established itself as a leader in composable leverage, processing over $1.5 billion in assets through its curator network. Unlike traditional leverage platforms that confine users to internal order books, Gearbox operates as a credit layer that allows borrowed capital to flow across the broader DeFi ecosystem.
With this integration, SOMI holders will have the option of using Gearbox’s credit accounts, where users can deposit SOMI as collateral and borrow against it to execute leveraged strategies across DeFi protocols. This brings new utility to the SOMI token and gives holders additional opportunities for putting their assets to work.
With Gearbox Protocol, Somniacs can maintain exposure to SOMI while accessing liquidity to trade, provide liquidity, or deploy capital across multiple protocols at the same time. The credit account model allows these operations to happen through a single interface rather than requiring users to manage separate positions across different platforms.
Gearbox handles the complexity of margin management, liquidation thresholds, and position monitoring. Users interact with a credit account that automatically manages collateral ratios and exposure limits based on the assets they’ve deposited. For someone holding SOMI who wants to participate in a yield opportunity on another protocol, this removes the friction of unwinding positions or fragmenting capital across multiple wallets.
Gearbox has an established user base that understands leverage, knows how to manage risk, and actively seeks opportunities to deploy capital efficiently. The integration creates a pathway for these DeFi users to discover Somnia through a familiar interface. Someone using Gearbox on another chain can now access SOMI and USDC markets, start building positions, and gradually explore what else exists in the ecosystem.
Leveraged DeFi strategies generate massive volumes of onchain activity. Many leverage protocols struggle with this volume because they’re built on infrastructure where every action carries meaningful latency and cost.
Somnia’s architecture changes this calculus. When a protocol can process over 1 million transactions per second with sub-second finality and sub-cent fees, the constraints that normally limit leveraged strategies start to disappear. Sophisticated trades that involve multiple steps, continuous rebalancing, or frequent position adjustments become viable in ways they aren’t on slower chains.
This applies to automated strategies that might rebalance dozens of times per day, structured products that need to adjust positions based on real-time data feeds, or credit protocols that need to perform constant health checks across thousands of positions. Gearbox strategies that would be prohibitively expensive to run elsewhere become practical on Somnia because the infrastructure can handle the transaction volume these operations generate.
Beyond individual users deploying leverage, Gearbox functions as composable infrastructure that ecosystem projects can integrate without building their own credit systems.
This approach reduces development time and security risk. Credit systems are notoriously difficult to build safely because they involve managing other people’s money under volatile market conditions. By using Gearbox as infrastructure, projects get code that’s been stress-tested across multiple market cycles rather than building their own systems that might have undiscovered vulnerabilities.
For gaming specifically, this opens new design space. A battle royale game could let players leverage their token holdings to enter higher-stakes tournaments. A strategy game could enable borrowing against in-game assets to fund expansion. A prediction market could offer leveraged positions on match outcomes. These features would typically require extensive DeFi expertise to implement safely, but Gearbox makes them accessible to game developers who understand their players but don’t necessarily understand the complexities of DeFi.
Somnia will provide $5 million in initial liquidity to activate the SOMI and USDC markets, giving users sufficient depth to execute strategies without excessive slippage.
This initial liquidity serves as a foundation rather than a permanent commitment. As users deploy capital and market makers add liquidity, the markets will develop their own depth and trading activity. The goal is to reach a point where the markets are self-sustaining, with enough participants that the initial bootstrap capital becomes a small fraction of total liquidity.
Invariant, a leading multichain AMM DEX, will act as a curator, setting parameters like collateral ratios, borrowing limits, and risk thresholds. These parameters determine how much users can leverage, which assets can serve as collateral, and when positions face liquidation. Getting these settings right is important because overly conservative parameters limit utility while overly aggressive ones create systemic risk.
Gearbox’s participation in the Somnia Liquidity Points program means users who provide liquidity or engage with the new markets can earn rewards. Adding Gearbox to the mix gives users another avenue to accumulate points while accessing professional-grade leverage infrastructure.
If you haven’t joined the Liquidity Points program yet, now is the time. Visit the Somnia Liquidity Points dashboard to connect your wallet, explore eligible pools, and start earning.
Chainlink se integroval s Gearbox, aby na Monad zajistil přesné cenové feedy pro trhy AUSD, MON a USDC. Cílem je snížit chyby při likvidacích a posílit bezpečnost DeFi.
Chainlink is a decentralized oracle network that acts as a secure bridge between blockchains and the real world. Chainlink has announced its strategic integration with Gearbox protocol, a generalized, composable leverage protocol for lending assets across various decentralized finance (DeFi) ecosystems. The main purpose of this integration is to ensure accurate pricing for Gearbox’s AUSD, MON, and USDC markets on Monad.
Chainlink is renowned worldwide for its efficient work in connecting blockchains with the real world. On the other hand, Gearbox is also facilitating users in terms of lending across DeFi, as per the source, Gearbox holds over $ 175 M in total value locked. This figure also supports the efficient and trusted services by Gearbox. Chainlink has released this news through its official X account.
Chainlink and Gearbox Alliance Elevates DeFi Security on Monad The alliance of Gearbox protocol and Chainlink price feeds will empower the whole infrastructure, especially for AUSD, earnAUSD, MON, and the largest USDC liquidity pool on monad. Chainlink helps Gearbox by reducing liquidation errors in accurate asset pricing. This will happen with Chainlink’s specialized features for price feed, and at the same time, open a smooth and safer leverage and credit account operation.
In this integration, Monad, which is a high-performance, EVM-compatible Layer-1 blockchain, plays its role to solve the problems related to Ethereum’s scalability. This integration is basically to enhance the DeFi security system on Monad for serving humanity.
Building a More Secure DeFi Ecosystem Chainlink and Gearbox ally to change the security infrastructure for users’ safety and trust all over the world without any errors. Both platforms have a huge number of users that support the efforts of both platforms, which always have only one aim: to bring beneficial innovation for users.
Moreover, their security is much stronger, and for that purpose, they never believe in any other third party for holding users’ details. In short, this integration is purely based on bringing safer, more scalable, and ready for larger capital inflows.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Binance rozšíří 2026-05-22 Monitoring Tag na ALCX, COOKIE, DODO, EPIC, HEI, HFT, STORJ, SYN a TLM. Tyto tokeny mají vyšší volatilitu a riziko delistingu.
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Based on recent reviews, Binance will extend the Monitoring Tag to include more tokens on 2026-05-22. The tokens to be added to the Monitoring Tag list are: Alchemix (ALCX)Cookie DAO (COOKIE)DODO (DODO)Epic Chain (EPIC)Heima (HEI)Hashflow (HFT)Storj (STORJ)Synapse (SYN)Alien Worlds (TLM) Tokens with the Monitoring Tag exhibit notably higher volatility and risks compared to other listed tokens. These tokens are closely monitored, with regular reviews conducted. Keep in mind that tokens with the Monitoring Tag are at risk of no longer meeting our listing criteria and being delisted from the platform. To gain trading access to tokens marked with the Monitoring Tag, users will need to pass the quiz every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the Terms of Use. The quizzes are set up to ensure users are aware of the risks before trading tokens with the Monitoring Tag. Binance will conduct periodic project reviews and decide if the Monitoring Tag should be added to or removed from tokens as per its latest findings. These criteria are considered during the review: Commitment of team to projectLevel and quality of development activityTrading volume and liquidityStability and safety of network from attacksNetwork / smart contract stabilityLevel of public communicationResponsiveness to our periodic due diligence requestsEvidence of unethical/fraudulent conduct or negligenceContribution to a healthy and sustainable crypto ecosystem Please note: Other services related to the aforementioned tokens will not be affected. The Monitoring Tags for the aforementioned tokens will be updated shortly after the publishing of this announcement.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Thank you for your support! Binance Team 2026-05-22
Binance Labs investoval do L2 DEX protokolu Aevo, který má přes 50 000 měsíčně aktivních uživatelů a více než 80 miliard USD v objemu derivátů. Aevo chce kapitál využít k růstu ekosystému a komunity.
The venture capital arm of the world’s largest crypto exchange by trading volume is announcing a new investment in a decentralized exchange (DEX) protocol.
According to a new press release, Binance Labs has invested in a layer-2 (L2) DEX called Aevo, a rebrand of Ribbon Finance.
[adinserter block="1"]
Aevo bills itself as a high-performance derivatives DEX platform tailored for futures and perpetual contracts trading.
The decentralized finance (DeFi) protocol is built on top of the Ethereum (ETH) layer-2 protocol Optimism’s (OP) OP Stack. It acts as an off-chain order book, with orders settled on-chain on Ethereum. The protocol uses Celestia (TIA) as a high-throughput data availability (DA) layer to increase scalability. The project is also backed by Paradigm, Dragonfly and Coinbase Ventures.
According to the announcement, Aevo plans to use the investment to grow the ecosystem and its community, which already has over 50,000 monthly active users who have done more than $80 billion in derivatives volume.
“As part of the future roadmap, Aevo will launch vault strategies, yield products, and Aevo staking. It will expand its ecosystem of derivative products by allowing builders to deploy their dApps permissionlessly on Aevo L2 to leverage its growing user base and unique features.”
Binance Labs is the accelerator and venture capital arm of Binance.
nOPAL je nyní na Pendle ETH mainnetu a nabízí 120denní trh s přibližně 11% pevným APY pro kupce PT. Jde o tokenizovaný vault BlackOpal Finance krytý brazilskými pohledávkami z kreditních karet.
RWA is Pendle's dominant Q2 2026 narrative, and today, one of the most structurally distinct entrants joins the market. nOPAL is now live on Pendle ETH mainnet, offering a 120-day market with a ~11% current fixed APY for PT buyers.
LP nOPAL current 77.47% APY
This is real credit, settled by Visa and Mastercard, brought on-chain.
Explore the nOPAL LP Market HERE
What Is nOPAL?nOPAL is a tokenized vault issued by BlackOpal Finance, backed by Brazilian credit card receivables. BlackOpal purchases future receivables from merchants at a discount, a true sale registered in Brazil's Central Bank C3 Registry, and collections flow automatically through Visa / Mastercard settlement rails. No merchant repayment risk.
The vault delivers:
~11.5% current base yield (USD-denominated, FX-hedged)has a 0% default rate since inceptionis audited by 0xMacro and Spearbit. BlackOpal brings 25+ years of credit market experience and $200M+ in institutional backing to the structure.
New to nOPAL? Here's how to get started:
Mint nOPAL on Nest → https://www.nest.credit/vaults/nest-opal-vault Deposit pUSD or USDC to mint nOPAL directly on Plume. No KYC required, no redemption fees.Bridge nOPAL to Ethereum We've built a LayerZero bridge directly into the Nest UI, no third-party bridge needed. Once you've minted nOPAL, go to your portfolio, click Bridge, and send your nOPAL to Ethereum mainnet in one click.Deposit into the Pendle market Head to the Pendle market link above, connect your Ethereum wallet, and deposit nOPAL to access PT or LP positions.The Pendle MarketPendle splits nOPAL into two tokens:
PT (Principal Token) locks in a fixed yield and redeems at face value at maturity. PT buyers are currently targeting ~11% implied fixed APY over 120 days, roughly 2.5–3x what T-bill-backed stables and USDG alternatives currently yield on Pendle.
YT (Yield Token) captures the floating yield generated by nOPAL and is levered to yield movements. YT is capital-efficient: a small amount of capital controls exposure to the full underlying yield stream. If realized yield exceeds the implied yield at the time of purchase, YT holders profit, and vice versa. YT is suited for users with a directional view on credit yields or those looking for leveraged RWA exposure without holding the underlying asset directly.
Important for YT buyers: At launch, pool depth is being seeded and liquidity will be thinner in the early days. We recommend using limit orders rather than market orders to avoid slippage when buying or selling YT. As LP depth builds over the first few weeks, execution will tighten.
Incentives & How to ParticipateTo buy PT (lock in fixed yield):
Go to app.pendle.finance.nOPAL Select PT-nOPAL on ETH mainnetBuy PT to lock in your fixed APY through the 120-day maturityHold to maturity and redeem at face value, or sell PT on the secondary market anytimeTo buy YT (go long on floating yield):
Select YT-nOPAL at the same link aboveYT is capital-efficient and levered to yield, use limit orders at launch to avoid slippage while the pool is being seededTo LP (earn incentives + fees):
Provide nOPAL liquidity into the Pendle poolEarn swap fees from PT/YT trading activity, LP incentives in PLUME, and PENDLE emissions from Pendle's AIM programWhy nOPALThe 120-day tenor, zero default history, and card-network settlement infrastructure make nOPAL one of the most compelling fixed-rate RWA positions available on-chain right now. For DeFi users who've been waiting for high-yield, short-duration credit that doesn't just repackage Treasury exposure, this is it.
Sky spustil Fixed Yield na Pendle v2, který držitelům sUSDS nabízí zafixovaný výnos do splatnosti. Produkt míří na pool sUSDS o kapitalizaci 6,16 miliardy USD.
Sky (formerly MakerDAO) launched Fixed Yield on Wednesday — a term-based alternative to the variable Sky Savings Rate built on Pendle Protocol v2, giving sUSDS depositors a locked rate to a named maturity date.
Sky (formerly MakerDAO), the protocol behind the $11 billion USDS stablecoin, launched a fixed-yield product Wednesday that lets depositors lock in a set return to a named maturity date using Pendle's yield-tokenization infrastructure. The product, called Fixed Yield, is now live at sky.money/fixed-yield, Sky said on X.
The launch targets users of sUSDS, Sky's savings-rate token, which holds $6.16 billion in market capitalization, by offering a term-based alternative to the variable Sky Savings Rate (SSR). At the time of writing, th fixed-yield market shows a 5.38% APY with a Nov. 26 maturity date, per the sky.money product page. The SSR's own variable rate sits at 3.60% APY for the same sUSDS pool on DefiLlama.
The product is built on Pendle Protocol v2, which splits yield-bearing tokens into Principal Tokens and Yield Tokens. When a user supplies USDS, USDC, or sUSDS into a Fixed Yield market, the protocol issues PT-sUSDS — a Pendle principal token that matures on a date chosen by Sky. Holding to maturity locks the entry rate. Exiting early means selling the PT position at prevailing market prices, which may be above or below the entry price.
Sky's Role and Pendle's InfrastructureSky sets the maturity dates when it opens each market. The rate itself is market-driven, set by trading activity in the Pendle pool rather than by Sky's governance. Sky makes clear on its product page that it does not set, control, or guarantee the rate.
Sky (sky-lending) holds $5.91 billion in total value locked, per DefiLlama, making it one of DeFi's largest CDP protocols. Pendle, the fixed-yield infrastructure layer, holds $1.23 billion in TVL across Ethereum, Arbitrum and Plasma.
The launch follows Wednesday's Pendle listing on Revolut, the European fintech with roughly 20 million crypto users, which expanded token distribution but not Pendle's actual fixed-yield product access. This integration goes the other direction: it brings Pendle's PT mechanics onto Sky's own product surface, inside the protocol rather than on a trading app.
The SSR has drifted lower over recent months. A fixed product offering a premium above spot gives rate-sensitive depositors a reason to commit capital to a term rather than stay floating.
Redacted Group spouští tento týden komunitní prodej svého nativního tokenu $RDAC na MocaList. Na prodej vyčlenila 43 milionů tokenů, tedy 4,3 % nabídky, za cenu 0,07 USD.
Redacted Group announces the launch of its native token $RDAC this week. The company intends to launch its public fundraise on MocaList, as per the official release. Web3 accelerator Redacted Group confirms the launch of its native crypto token — Redacted Coin ($RDAC) — on MocaList, the co-branded token launchpad powered by Mocaverse and CoinList.
As confirmed, $RDAC is set to be launched via the community sale on March 13, 2025 at 17:00 UTC. After a 7-day window, the sale will conclude on March 20, 2025 at 17:00 UTC on the launchpad.
Crucial Info on the Upcoming $RDAC Token Launch Notably, the Redacted team has allocated 4.3% of RDAC’s total supply — 43 million tokens — for the sale on the launchpad. As per the press release, the token will launch at $0.07 on the sale, potentially marking a fully diluted valuation (FDV) of $70 million.
Tokens purchased in the sale will be partially released at TGE (token generation event). Meanwhile, the rest will be locked for a 1-month cliff period before being unlocked progressively over the next 2 months.
Furthermore, the company also hinted at planning for a public fundraise through the co-branded MocaList. Moreover, the company also hinted at planning for a public fundraise through the co-branded MocaList. Redacted Co-founder and CEO Shanjan Kumar (Shan) stated, “Our listing on MocaList marks an exciting step forward in expanding the reach of Redacted and our ecosystem. We’re thrilled to see how MocaList will help bring Redacted and the RDAC token to more users and wallets, furthering our visions for a more connected web3 space.”
What’s the Buzz Behind the “Entertainment Datasphere”? Seemingly, the community isn’t forgetting the 10-hour sky networking event or the viral “don’t get rekt, get redacted” marketing campaign that featured the industry’s top voices. The platform prominently flexes a line of key backers, such as Animoca Brands, Spartan Group, Polygon Ventures, Saison Capital and so on. Does its utility validate the hype? Redacted is projected as a blockchain and AI-powered ecosystem exclusively for gamification and entertainment products in the Web3 arena.
With a collective volume surpassing $500 million, more than 10 products form a core part of the Redacted ecosystem. The platform’s young product lineage includes RampX a.k.a crypto’s SuperApp (chain abstraction bridgeless token swap platform), Multifarm (reward aggregation platform), Maxis (gamified crypto/NFT marketplace), Biptap (crypto-centric banking solution), iAgent Protocol (AI agents) and others.
Ultimately, the platform serves as an ecosystem where users and degens can play, trade, watch, and earn rewards. Upcoming $RDAC token’s utility within this ecosystem will include primary access, governance, and incentives.
Disclaimer: This article is for informational purposes only and does not constitute investment or financial advice. TheNewsCrypto encourages readers to make decisions based on their own research
A perpetual learner who loves writing. Passionate about investing her time and zeal to explore the crypto world. Curiosity and creativity are her superpowers.
Binance 2. května 2025 v 03:00 UTC vyřadí z obchodování ALPACA, PDA, VIB a WING po pravidelné kontrole. VIB za 24 hodin klesl o 31,5 % a WING o více než 30 %.
Cryptocurrency exchange colossus Binance has again sent shockwaves across the broader market with its plans to delist 4 cryptocurrencies. An official announcement by the CEX on Thursday, April 24, revealed that the following tokens are to be delisted from the platform on May 2, 2025, at 03:00 UTC:
Alpaca Finance (ALPACA) PlayDapp (PDA) Viberate (VIB) Wing Finance (WING) As a result, usual market sentiments about the mentioned crypto prices remain highly bearish as one of the top crypto exchanges discontinues trading support for them.
Binance Delisting News: Here’s Why ALPACA, PDA, VIB, & WING Were Removed According to Binance’s official release, the abovementioned cryptos will be delisted shortly due to a stockpile of risk factors that hamper user experience. Per the announcement, a thorough periodic review by the CEX concluded that these assets no longer meet the level of standards or industry requirements.
In response, the crypto exchange behemoth will delist the 4 tokens mentioned above. Mentioned below are some of the key factors that the exchange took into consideration before delisting the coins.
Commitment of the team towards the project. Level and quality of development activity. Trading volume and liquidity factors. Stability and safety of the network from all types of malicious attacks Level of public communication, community engagement, and transparency. Responsiveness to our periodic due diligence requests. Binance revealed that, based on these vital factors, among many others, the decision to remove Alpaca Finance, PlayDapp, Viberate, and Wing Finance spot trading pairs was taken. Moreover, ‘Trading Bots’ services for the same will also be suspended on the same date and time.
Users can move on to the official announcement for more details on Futures, Margin, Convert, and other related delistings for these assets. Overall, the announcement has dealt a severe blow to the market sentiment for these coins, with traders and investors even speculating about a sustained price crash ahead.
How Are The Coins Performing Today? Binance’s delisting saga appears to have triggered a waning action in three of the four tokens mentioned above. WING price crashed over 30% in the last 24 hours and is currently sitting at $0.8451. Whilst VIB price also took heat, slumping 31.5% over the past day to $0.01530.
PDA price tanked nearly 17% and even hit a low of $0.009517 in the past 24 hours. However, ALPACA price has conversely gained roughly 13% to $0.04953. Crypto market traders and investors continue to monitor the tokens, mainly expecting increased volatility ahead due to the delisting.
In another similar chronicle, Binance recently delisted cryptos ACT, ALPHA, BLUR, CELR, PENGU, POND, and RUNE.
Binance pozastaví vklady a výběry na síti Rootstock Infrastructure Framework (RIF) kvůli plánovanému upgradu a hard forku. Obchodování zůstane beze změny.
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Starting at approximately 2026-05-04 09:00 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the Rootstock Infrastructure Framework (RIF) network to support its network upgrade and hard fork to ensure the best user experience. The network upgrade and hard fork will take place at the block height of 8,804,200, or approximately at 2026-05-04 10:00 (UTC). Please note: The trading of token(s) on the aforementioned network will not be impacted.Binance will handle all technical requirements involved for all users.Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. For more information, please refer to the announcement from the project team. Thank you for your support! Binance Team 2026-04-29
Ocean Protocol Foundation okamžitě opustila Artificial Superintelligence Alliance a ukončila partnerství s Fetch.ai a SingularityNET. OCEAN se tak vrací k nezávislému obchodování.
The move will end Ocean Protocol's partnership with Fetch.ai and SingularityNET, and restore OCEAN independence.
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Ocean Protocol Foundation has exited the Artificial Superintelligence Alliance (ASI) effectively immediately, dissolving its role in the collaborative AI token merger with Fetch.ai and SingularityNET. The withdrawal follows more than a year of cooperation among the three founding members, who had unified their ecosystems under a shared token: FET, later rebranded as ASI.
What’s the Scoop?Alliance Exit: Ocean Protocol has formally ended its participation in the ASI Alliance, citing a desire for independent funding and control over its tokenomics.Token Independence: The move allows OCEAN to de-peg from FET and trade independently again. The Fetch.ai-managed bridge remains open, enabling holders to convert OCEAN to FET at a rate of 0.433226 FET per OCEAN.Buyback and Burn Program: Ocean said it will direct profits from its spin-out ventures toward buybacks and burns of OCEAN, creating a permanent and continuous supply reduction mechanism.Remaining Holders: Roughly 270 million OCEAN — about 19% of total supply — remains unconverted, held by over 37,000 addresses. Unconverted tokens continue to trade on exchanges including Coinbase, Kraken, Upbit, Binance US, Uniswap, and SushiSwap.Alliance Response: The ASI Alliance and Fetch.ai characterized the split as amicable, affirming that collaboration was always voluntary and that the mission to build open, decentralized AI infrastructure remains unchanged.Ocean Protocol’s decision to withdraw from the Alliance does not impact the technology, operations, or shared vision that underpin the ASI ecosystem.
The ASI Alliance - founded on collaboration between https://t.co/kJ9URVpOul, SingularityNET, Ocean Protocol and CUDOS - was… https://t.co/qDtRDBuBQH
— Fetch.ai (@Fetch_ai) October 9, 2025
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Ocean Protocol oznámil odchod z ASI Alliance, obvinil SingularityNET a Fetch z porušení dohody a uvedl, že kvůli sporu podal žalobu. Zmiňuje také, že partneři podle něj oslabili likviditu o dalších 100 milionů dolarů v tokenech, měli měsíční burn 6 milionů dolarů a chtěli převést OceanDAO do FET. Ocean zároveň uvedl, že o odchod požádal už v dubnu 2024, a že Fetch a SingularityNET se v srpnu 2025 pokusily jednostranně vypnout token bridge.
PANews reported on October 23rd that Ocean Protocol issued a statement explaining its withdrawal from the ASI Alliance , refuting "false accusations" and accusing its partners, SingularityNET and Fetch, of violating the alliance's core commitment to retaining control of their assets. Ocean pointed out that after the merger, SingularityNET engaged in reckless financial maneuvers and massively drained market liquidity, including issuing an additional $100 million in tokens and maintaining a massive monthly burn of $6 million. Fetch founder Sheikh was accused of disregarding the principles of decentralization, not only by selling a large number of tokens but also by attempting to force Ocean to convert all assets in its independently operated community treasury, OceanDAO, into FET tokens. Ocean requested withdrawal as early as April 2024 due to a loss of cooperative foundation, but was met with legal threats. Ultimately, Fetch and SingularityNET attempted to unilaterally shut down the token bridge in August 2025, violating the charter and forcing Ocean to file legal action and withdraw from the alliance.
Ocean noted that the 93% drop in FET token prices from its peak was primarily due to the massive sell-offs by SingularityNET and Fetch, as well as the failure of Fetch's own high-risk "TRNR" transaction, rather than its own withdrawal. Throughout this process, Ocean has remained committed to the principle of decentralization, which states that individuals have undisputed sovereignty over their assets. This withdrawal is intended to prevent further harm to the interests of the Ocean community, and Ocean will continue to focus on the independent development of its technology and products.
According to previous news, Bubblemaps stated that Ocean Protocol is suspected of selling more than $100 million in community tokens, and Fetch AI has publicly accused it of misconduct .
Ocean Protocol odmítl obvinění Fetch.ai ze „zpronevěry komunitních tokenů“ a tvrdí, že sporné tokeny patří nezávislému Ocean Expeditions. Zároveň vyzval Fetch.ai, aby co nejdřív vložil slíbených 110,9 milionu $FET do migračního kontraktu pro držitele $OCEAN.
PANews reported on October 27 that in response to the controversy following the breakdown of the ASI Alliance (composed of Fetch.ai, Ocean Protocol, and SingularityNET), the Ocean Protocol Foundation recently issued an announcement denying Fetch.ai executives' accusation of "stealing community tokens" and counter-accusing Fetch.ai of failing to fulfill its legal obligations.
Ocean stated that the tokens in question belong to Ocean Expeditions (formerly known as oceanDAO), an independent organization legally separate from the foundation and not involved in the ASI merger agreement. Ocean also revealed that it had explained Ocean Expeditions' independence to Fetch.ai and SingularityNET in May 2024.
Furthermore, Ocean requested that Fetch.ai promptly inject the promised 110.9 million $FET into the token migration contract for redemption by $OCEAN token holders. Ocean emphasized that there would be no "return of tokens," and that the relevant tokens would be held securely by Ocean Expeditions for the community.
Furthermore, Ocean Protocol explicitly stated that there is no so-called “return” of tokens, as they have never been stolen or transferred.
Fetch.ai je připravena stáhnout veškeré právní kroky, pokud Ocean Protocol vrátí 286 milionů FET. Sporné převody byly podle blockchainových dat oceněny na zhruba 120 milionů USD.
The ongoing conflict between Fetch.ai and the Ocean Protocol Foundation may soon reach a peaceful resolution, as both sides signal a willingness to settle their differences outside the courts. The dispute, which began after their brief merger under the Artificial Superintelligence Alliance, centers on the alleged sale of millions of FET tokens.
In brief Fetch.ai proposes a full legal withdrawal if Ocean Protocol returns 286M FET tokens allegedly sold during the ASI merger. Blockchain data links Ocean wallets to $120M in FET transfers, sparking transparency concerns in the crypto community. Ocean Protocol left the ASI Alliance in October, citing ethical and strategic reasons amid ongoing financial scrutiny. ASI token performance plunges 93% from its peak, reflecting investor fear, weak sentiment, and prolonged market pressure. Ocean Protocol Open to Settlement as Fetch.ai Offers Legal Peace Deal Fetch.ai announced on Thursday that it is prepared to withdraw all legal claims against the Ocean Protocol Foundation if the latter agrees to return 286 million FET tokens that were reportedly sold during the merger period. CEO of Fetch.ai Humayun Sheikh confirmed the offer during a session on X Spaces, emphasizing the company’s desire to resolve the issue quickly and transparently.
Sheikh stated that Ocean Protocol is awaiting a formal proposal from Fetch.ai for the return of the disputed tokens, adding that the letter would be delivered by the next day. He explained that the offer is straightforward, and all legal claims will be withdrawn once the tokens are returned to the Fetch.ai community.
They are expecting a legal proposal from us for the return of the tokens. You can have my letter tomorrow. The offer is simple: give my community back the tokens. I will drop every legal claim.
Humayun Sheikh Sheikh also said Fetch.ai would cover the legal costs associated with finalizing the agreement, ensuring a smooth process.
According to GeoStaking, a FET validator node that played a mediating role in the talks, Ocean Protocol is open to returning the tokens once it receives a formal written proposal. Sheikh added that the official offer could be finalized as early as Friday.
If successful, the agreement would mark an important step toward ending a dispute that has drawn significant attention within the crypto community. Both organizations have faced scrutiny and uncertainty since their merger efforts began, and a legal confrontation could further harm their reputations and financial positions.
Blockchain Data Links Ocean Protocol Wallet to Massive FET Token Transfers This development follows Sheikh’s earlier offer of a $250,000 bounty for information about the individuals controlling OceanDAO’s multisignature wallet and their potential links to the Ocean Protocol Foundation.
Multisignature, or “multisig,” wallets are crypto wallets that require multiple approvals to authorize transactions. Decentralized organizations often use them to enhance security and accountability.
Despite Ocean Protocol’s denial of wrongdoing, blockchain analytics from Bubblemaps suggest that a wallet linked to the foundation converted about 661 million OCEAN tokens into 286 million FET tokens, valued at approximately $120 million at the time. Of those, 160 million FET tokens reportedly went to Binance, while another 109 million were transferred to GSR Markets.
AI Crypto Alliance Faces Headwinds as FET Slides Ocean Protocol formally withdrew from the ASI Alliance on October 9, offering no explanation regarding the disputed transfers. The alliance, formed in March 2024 by Fetch.ai, SingularityNET, and Ocean Protocol, aimed to combine resources and expertise to advance decentralized artificial intelligence, with FET designated as the alliance’s primary token.
Since the ASI Alliance was formed, the FET token has lost more than 90% of its value, falling from a high of $3.22 to around $0.26.
Current Market Data Highlights the following:
Bearish Market Sentiment: Artificial Superintelligence Alliance (FET) currently shows a bearish outlook, with the Fear & Greed Index at 30, indicating investor caution. Severe Yearly Decline: FET’s price has fallen by 80% over the past year, reflecting sustained downward momentum. Underperformance Against Peers: The token has underperformed all top 100 crypto assets, including Bitcoin and Ethereum, over the same period. Technical Weakness: FET continues to trade below its 200-day simple moving average, signaling prolonged bearish pressure. Low Market Strength: The token recorded only 10 positive trading days in the past month (33%) and remains 93% below its all-time high. Ocean Protocol founder Bruce Pon explained that the price decline was not due to Ocean’s exit but instead to broader market conditions and liquidity pressures involving Fetch.ai and SingularityNET.
Pon said Ocean Protocol left the ASI Alliance for ethical and strategic reasons and plans to release a detailed response to the recent allegations. As negotiations progress, both sides appear motivated to resolve their differences, signaling a possible end to one of the most publicized disputes in the AI-focused crypto sector.
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James G.
James Godstime is a crypto journalist and market analyst with over three years of experience in crypto, Web3, and finance. He simplifies complex and technical ideas to engage readers. Outside of work, he enjoys football and tennis, which he follows passionately.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Crypto.com a VeChain Foundation oznámily partnerství pro institucionální úschovu VET a VTHO na VeChainThor. Instituce tak získají přístup k regulované custody infrastruktuře Crypto.com.
Through this cooperation, institutions may use Crypto.com’s regulated, institutional-grade custody infrastructure to safely store, monitor, and transact VET and VTHO. Through this partnership, more institutions will have access to the VeChainThor network. Today, Crypto.com and the VeChain Foundation announced their collaboration to provide secure custody support for the native VeChain (VET) and VeThor (VTHO) tokens on the VeChainThor blockchain. Through this partnership, more institutions will have access to the VeChainThor network, a public blockchain that facilitates high-speed value transactions, transparent information flow, and effective teamwork for common B2B and B2C applications.
Crypto.com Custody provides high-net-worth individuals and qualified institutions with custody services via a complete, end-to-end solution that prioritizes safety and security.
Through this cooperation, institutions may use Crypto.com’s regulated, institutional-grade custody infrastructure to safely store, monitor, and transact VET and VTHO. The service satisfies the increasing need for scalable, affordable, and compliant blockchain infrastructure by providing insured custody options, multi-user rights, and configurable governance procedures.
Eric Anziani, President and COO of Crypto.com stated:
“Digital asset institutions require a custodial solution that provides the best possible service from both a security and liquidity perspective. That is what we have focused on building at Crypto.com, and we are honored to support the VeChain Foundation by enabling custody for their native assets.”
VeChainThor employs a novel dual-token system in which VTHO covers gas usage for blockchain operations and VET serves as the value-transfer medium. This enables the blockchain to retain cost stability even in times of significant market volatility. By implementing dynamic fees via a gas fee market based on Ethereum’s EIP1559, the network has improved security, balanced demand and expenses, and added an accelerated deflationary model to the tokenomics of the protocol.
Sunny Lu, VeChain CEO stated:
“Crypto.com is well established as a leading exchange in the crypto market, and stands at the forefront of mainstream adoption. Through this new partnership, we can confidently accelerate our institutional and mainstream adoption strategies using Crypto.com’s world-leading custody services, supported by their robust infrastructure.”
Clients that are interested may send contact requests to crypto.com/custody. Please contact [email protected] if you would want to collaborate with Crypto.com.
More than 150 million clients worldwide trust Crypto.com, which was founded in 2016 and leads the industry in security, privacy, and regulatory compliance. Through innovation, Crypto.com is dedicated to speeding up the adoption of cryptocurrencies and enabling the next generation of creators, builders, and entrepreneurs to create a more fair and equitable digital ecosystem.
VeChain was founded in 2015 and introduced VeChainThor, a general-purpose, adoption-focused blockchain platform, to facilitate widespread Web3 adoption. Developers and companies may create apps without needing extensive technical knowledge thanks to VeChain’s reliable, scalable network.
With its VeBetter platform, an app ecosystem that tokenizes and rewards users based on sustainability activities, VeChain now leads a retail-focused strategy after demonstrating its capabilities over the years and being supported by alliances with international organizations like the UFC, BCG, and Walmart China. With more than 4 million users using VeBetter-powered applications and more than 30 million tokenized operations to date, VeChain is still working to make blockchain useful, accessible, and influential for both individuals and companies. Go to vechain.org for resources, funding, and more.
An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.
Arbitrum představuje plán pro finanční služby: stabilní ceny, vestavěnou compliance, soukromí a rychlejší vypořádání pomocí ZK proofů. Platforma uvádí téměř 17 mld. USD zajištěné hodnoty, 2,6 miliardy transakcí a přes 30 dedikovaných blockchainů.
Global markets still rely on traditional systems where payments pause at borders and innovation moves slowly. Having spent years earning trust, Arbitrum is now evolving from a scaling solution to the finance-native platform powering the programmable economy. As the largest ecosystem on Ethereum with nearly $17B in total value secured, 2.6 billion transactions, and 30+ dedicated blockchains, Arbitrum provides the proven foundation for this borderless, real-time future.
Building on this foundation, Arbitrum is advancing the architecture to improve operational efficiency and expand global reach, helping businesses implement protocol-level compliance and configure data confidentiality to meet the needs of their category-defining products.*
Here is a look at the architecture being developed to support this next phase of growth:
Stable pricing your users can depend onStatus: Live on Arbitrum One
The programmable economy requires infrastructure built to sustain billions of transactions. If those transaction costs spike unpredictably, payment flows can break and institutional operating models become unreliable. While legacy gas models don’t always align with real-world demand, the Arbitrum Platform addresses this friction through Dynamic Pricing, a first-of-its-kind pricing model that provides businesses:
Predictable costs
Users and operators only pay for what they use on the network. Transactions that require fewer resources no longer subsidize more computationally intensive transactions, making it easier for businesses to forecast costs. Smooth User Experience
Fewer price surges, fewer dropped/failed submissions, and more confidence that your product behaves predictably when the network is experiencing high demand. Headroom to scale sustainably
Dedicated blockchains can achieve higher sustained throughput (Arbitrum One has already reached 910 MGas/s on mainnet). This is possible because pricing now accurately reflects the resources that limit performance, preventing node operators from being forced into large hardware upgrades.Support for regulatory compliance from day oneStatus: In development for dedicated blockchains
A programmable economy requires a framework that aligns with the legal mandates of the global financial system. For fintechs, banks, and asset managers, managing regulatory compliance is a prerequisite for entry. By providing tools built to support these obligations natively, the Arbitrum ecosystem aims to help move compliance from a barrier to an operational unlock, lowering the friction for the world’s most significant capital allocators to participate through the following capabilities:
Onboard your screening provider
Onboard with your preferred screening provider and apply your required policies with robust traceability for allow/deny decisions.Configure your restriction list
Define your KYC, AML, and OFAC parameters from day one. Your dedicated blockchain can be configured to automatically reference your customized lists so that onchain interactions are filtered at the protocol level.Whitelist permitted participants
Define which users, teams, or counterparties are permitted to interact with the blockchain or specific smart contracts, making it easier to enforce internal access policies across your products.Real-time reporting
View transactions as they are filtered live, or export records of blocked addresses and transaction activity to support audit trails, internal review, and reporting requirements.Confidentiality that protects your competitive edgeStatus: In development for Arbitrum One (subject to DAO vote) and dedicated blockchains
True scale in a programmable economy requires balancing public transparency with enterprise-grade confidentiality to support real-world markets and institutions. While open ledgers provide unparalleled trust, the involuntary exposure of client balances and proprietary order flow remains a significant barrier to institutional adoption. To address this, the Arbitrum Platform is building a privacy architecture that supports the full spectrum of visibility, from third-party privacy tools for applications on Arbitrum One, to fully private dedicated blockchains for more sensitive operations. Each option is engineered to help businesses safeguard proprietary data and manage strict confidentiality requirements while benefiting from the following architecture:
Selective disclosure by design
Privacy doesn’t mean hiding everything from everyone. It means keeping sensitive activity confidential in the market while still giving approved operators, auditors, regulators, and internal teams the access they need.Three ways to apply privacy
Privacy is not one model. Some products need confidential applications while operating on a public blockchain. Others require private user interactions with public, EVM-compatible applications. And others need a dedicated blockchain where privacy is built across the entire stack. The Arbitrum Platform is being designed to support all of these models.Settle capital in near real-time with ZK proofsStatus: In development for Arbitrum One (subject to DAO vote) and dedicated blockchains
We are living in a fast-paced, internet native world and capital cannot afford to be idle or trapped by latency. For global markets to operate at the speed of software, the movement of assets between environments must be near-instant and cryptographically sound. Arbitrum is achieving this by developing Zero-Knowledge (ZK) proving on Succinct's SP1 to reduce settlement from a days-long process to minutes. By layering ZK proofs alongside Fraud Proofs and TEE attestations, businesses will be able to benefit from a multi-prover architecture that maximizes both security and capital velocity, offering:
Improved capital efficiency
Dedicated blockchains already provide settlement in minutes. ZK proofs extend that settlement to native withdrawals, giving Ethereum the cryptographic verification it needs to release assets in hours upon deployment, and minutes as proving matures, freeing capital while minimizing dependence on third-party bridge liquidity.Multi-prover assurance
Choose the proving setup that fits your risk, cost, and latency targets. ZK can operate alongside TEEs and fraud proofs, reducing reliance on any single mechanism and strengthening security for regulated flows.Privacy at the protocol-level
Privacy-preserving blockchain deployments where sensitive business data can remain confidential while correctness is still provable. This protects margins, enables you to grow with confidence, comply with privacy compliance rules, and protects users.New economic levers to scale your businessStatus: In development for Arbitrum One (subject to DAO vote) and dedicated blockchains
Modern markets demand infrastructure as flexible as the business models they power. Arbitrum is introducing a suite of economic levers businesses can adjust to meet their specific requirements. Aligning technical architecture with commercial reality is precisely what scales the programmable economy for everyday business.
Arbitrum Universal Intents
This standard is being developed to allow dedicated blockchains to securely facilitate transfers and swaps between networks including Ethereum, Layer 2s, Solana, Hyperledger, Canton, and more.Yield-Bearing Bridge
Dedicated blockchains will gain the capability to optimize idle bridge reserves, allowing ecosystems to route captured efficiencies toward liquidity incentives, fee subsidies, or protocol operations.Priority Gas Auctions (PGA)*
A new ordering policy to give high-frequency traders 125ms pre-confirmation cycles and more transparency. Importantly, the increase in gas auctions can capture additional revenue to Arbitrum One (subject to DAO approval) or related dedicated blockchains without introducing structural fee increases for everyday users.Real-Time Sequencer Feeds
A new sequencer enhancement will provide a ~125ms feed of transaction ordering data prior to block finalization. This allows for fast "soft-confirmations," significantly reducing latency for high-precision users. By offering real-time market visibility, we empower those requiring millisecond accuracy without compromising the low-cost, user-friendly environment the broader community expects.The next generation of finance will be programmableIn 2026, Arbitrum is focused on building the best tech to support category-defining products in this new world. Predictable unit economics. Control over execution. Fast settlement. All of it builds toward one outcome: a global, programmable economy.
If you're ready to build regulated finance or enterprise fintech on Ethereum, this is the year to engage. Start on Arbitrum One, grow into a dedicated blockchain when your requirements demand it, and scale alongside the platform.
Talk to our team
Explore the docs
*A DAO vote may be required for any feature that is contemplated to be enabled on Arbitrum One.
Disclaimer: This post contains forward-looking statements regarding future product capabilities, technical developments, and ecosystem milestones. These statements are based on current expectations and assumptions and are subject to risks, uncertainties, and changes in technology or regulation that may cause actual results or timelines to differ materially. Features marked as "in development" are not guaranteed to be deployed in the form described, or at all.
No Financial Advice: Nothing in this post constitutes financial, legal, investment, or tax advice, nor is it a solicitation or offer to buy or sell any digital assets, securities, or financial instruments. Readers should conduct their own due diligence before interacting with any protocols or networks mentioned herein.
Third-Party Mentions: Mentions of third-party protocols, software providers, or external blockchains (including but not limited to Solana, Hyperledger, Canton, and Succinct) are for informational purposes only and do not imply endorsement or guarantee of their security, performance, or regulatory status.
LG Electronics pilotuje na Arbitrum onchain reklamní síť s cílem transparentně a ověřitelně zaznamenávat výkon reklamy. ArbitrumDAO zároveň hlasoval pro omezení Arbitrum Nova do údržbového režimu.
What's Important This Week
🤖 LG Electronics is piloting an onchain advertising network on Arbitrum
💸 Meet the full sponsor lineup for Open House London
⚙️ Understand how the Arbitrum Nova transition will work
📣 Announcements Key updates from the Arbitrum ecosystem and Foundation.
LG Electronics Pilots Onchain Advertising Network on Arbitrum
LG Electronics is piloting an on-chain advertising network on Arbitrum. Developed by the company’s Blockchain Research Lab, the project explores whether advertising performance can be recorded in a transparent, verifiable format that all stakeholders can independently review.
➡️ Read more here
Meet the Sponsors of Open House London
Open House London is made possible by an incredible group of industry-leading teams committed to support the next generation of businesses launch in the programmable economy. Apply now
➡️ Check out the full lineup of sponsors
📚 Learn & Build New learning drops and hands-on resources from across the Arbitrum ecosystem.
The agent economy has a verification problem
When you call a model API, you trust the provider to run the model they promised, but there's no way to verify it.
This article from our DevRel @hummusonrails breaks down a paper from Offchain on verifiable AI inference, and how it could bring proof generation from minutes to milliseconds.
➡️ Read more here
X402 and Agentic Commerce with Arbitrum & AWS
Join @hummusonrails from Arbitrum Foundation & @maishsk from @awscloud for a live walkthrough and demo of x402 agentic payments built on AWS AgentCore and Arbitrum's settlement layer.
Perfect for devs building agentic applications for the upcoming Arbitrum London Founder House.
➡️ Sign up now
How Founder House Supports Early-Stage Teams Early stage teams need the right environment to scale their businesses in the programmable economy.
Arbitrum Founder House is coming to London on July 10-12, a 3-day program to help founders refine their product direction & GTM strategies with up to $300k in prizes and grants.
Watch this video to learn what Founder House London is all about 👇🏻
The programmable economy is creating entirely new businesses and founders are leading the way.
That's why we launched Founder House - help early-stage teams like @bondoncredit accelerate their product and go-to-market on the Arbitrum Platform.
Join us in London on July 10-12. pic.twitter.com/PTR6p11ns7
— Arbitrum (@arbitrum) June 9, 2026 🔦 Ecosystem Highlights Fresh launches and standout threads from around the Arbitrum ecosystem.
Arbitrum: The Architecture of the Programmable Economy
Global markets still rely on fragmented systems where payments pause at borders and innovation moves slowly. Arbitrum is now evolving from a scaling solution to the finance-native platform powering the programmable economy.
In this article, we explore the architecture being developed to support this future, from predictable costs and protocol-level compliance to configurable privacy and faster settlement.
➡️ Read more here
Mastercard Taps Arbitrum For Global Stablecoin Settlement
Mastercard has announced a major expansion of its global settlement capabilities, choosing Arbitrum as one of the networks to support its new onchain infrastructure.
As payment flows shift toward an internet-native paradigm, Mastercard is making 24/7 financial operations a reality by introducing intraday, weekend, and holiday settlement options.
➡️ Read more here
Arbitrum Ranked in Fortune Crypto 100
Arbitrum has been named to the inaugural @FortuneMagazine Crypto 100, a definitive ranking of the most influential companies in blockchain.
Together with our ecosystem, we're building the finance-native platform powering the programmable economy for builders, enterprises and institutions.
➡️ Read more here
🛠️ Dev Tooling & Infra Updates to SDKs, CLIs, and developer workflows across the stack.
PayAI - The largest x402 facilitator now supports Arbitrum
PayAI, the largest x402 facilitator on Solana and a top facilitator across the broader x402 ecosystem, expands its multichain support to Arbitrum One, allowing faster settlements, lower fees, & more reach.
Any agent, app, or API integrated with PayAI can now accept and pay for resources on Arbitrum using the same x402 flow.
➡️ Read more here
We recommend that all chains upgrade to Nitro v3.10+ and its WASM module root to Consensus v51+. These releases include the latest hardening, improvements, and maintains backward compatibility with previous ArbOS releases.
➡️ Read about the upgrade here
Enable Gasless Payments and Wallets for AI Agents with Q402
Q402 is now live on Arbitrum.
Through a single MCP integration, developers can plug it into Claude, Cursor, Cline, Codex, or any MCP client, and the agent gets equipped with gasless payments, recurring payments, & Agentic Wallets out of the box.
➡️ Try it here
🗓️ Events Workshops, hackathons, and ecosystem meetups to watch.
Founder House London is bringing early-stage teams together with a $300K prize pool
Starting July 10th, teams will join a 3-day, in-person founder program to receive technical, product, and GTM guidance through workshops, showcase their products during demo sessions + compete for prizes, and bring businesses onchain to Arbitrum and the RobinhoodApp Chain.
➡️ Apply here
What builders are debating and proposing this week.
Minimizing Arbitrum Nova As per a recent proposal, the ArbitrumDAO has voted to minimize Arbitrum Nova by transitioning it into a maintenance-oriented state with reduced capacity and deprioritized support.
➡️ Read the full details
Arbitrum Audit Program: Transparency Report #3 The DAO-approved Arbitrum Audit Program (AAP) completed its third operational quarter during the period from February 01, 2026, to April 30, 2026 (“Q3”). 108 applications received during Q3, with DeFi remaining the most prominent category.
Across 14 completed audits, 297 vulnerabilities were identified (including 8 classified as critical and 31 as high), and 21,882 lines of code were reviewed.
➡️ Read the full details
[Constitutional] AIP: Transition Arbitrum One ordering policy to Priority Gas Auctions (PGA) This Constitutional AIP proposes to disable Timeboost on Arbitrum One and replace it with a Priority Gas Auction (PGA) mechanism, an ordering policy that’s more familiar for actors who are willing to pay for transaction priority, allowing more market participants to be a part of Arbitrum’s next phase of growth. In addition, it would sunset Timeboost on Arbitrum Nova.
➡️ Read the full details
That’s all from Builder’s Block #019. Thank you for reading, and keep building. Arbitrum Everywhere.
Uniswap drží 67,3 % objemu DEX na Ethereu a dominuje i na Arbitru s 84,6 % a na Base s 46,6 %. Po aktivaci fee switchu se na UNI poprvé dívá i jako na token s cash flow.
Uniswap Tightens Its Grip on Ethereum and Layer 2@Uniswap remains the dominant liquidity venue in decentralized finance, capturing 67.3% of total DEX volume on Ethereum this week. That concentration is not new, but it is deepening. Data from KuCoin's Ethereum Q1 2026 review shows Uniswap accounted for approximately $85.5 billion in Q1 volume, representing roughly two-thirds of the entire Ethereum DEX ecosystem.
The protocol's reach extends well beyond mainnet. @Uniswap controls 84.6% of DEX market share on Arbitrum and 46.6% on Base, cementing its position across the two most active Layer 2 networks. Uniswap remains the largest spot DEX by every meaningful measure, clearing roughly $73 billion in 30-day volume across Ethereum mainnet and 39 other chains.
Uniswap V4 went live in early 2026, introducing a hooks system that attaches custom logic to pools at swap, deposit, or withdrawal time, enabling features such as on-chain limit orders, dynamic volatility-responsive fees, and gated pools for institutional flows.
$UNI Earns a New Look From Institutional AnalystsThe volume story is only part of what is drawing attention to $UNI in 2026. A structural shift in the token's economics has changed how analysts frame it. With the fee switch now active, UNI can be viewed through a cash-flow lens rather than only as a governance token. The UNIfication proposal passed in late December 2025 fundamentally changed Uniswap's economics: for the first time, protocol revenue is directly captured by the system and used to buy and burn $UNI, aligning token value with actual network usage.
That shift has caught the attention of major financial institutions. Standard Chartered's digital asset research head, Geoff Kendrick, initiated coverage on Uniswap with a long-term price target of $100 for $UNI by 2030, with the bank's thesis centered on the exponential growth of tokenized real-world assets, projected to surge from roughly $340 billion to $4 trillion by 2028. Standard Chartered projects a $UNI price target of $6.50 in 2026, citing Uniswap's position as a dominant DEX to capture fees from tokenized real-world assets.
Institutional involvement is moving beyond price targets. In February 2026, BlackRock made shares of its tokenized US Treasury fund, BUIDL, tradable through UniswapX with Securitize, marking the world's largest asset manager's first step into DeFi. More recently, Fidelity deployed liquidity for its stablecoin, FIDD, on Uniswap. Separately, Bitwise Asset Management filed an S-1 registration statement with the SEC for a spot Uniswap ETF in February 2026, following the earlier creation of a Delaware statutory trust named the Bitwise Uniswap ETF.
Whether that institutional momentum translates into sustained price performance remains an open question. Competition from Solana-based DEXs and other venues is real, and analysts are increasingly evaluating $UNI through the lens of fee capture potential, protocol governance value, and network effects within liquidity provisioning ecosystems, rather than speculative narrative alone.
Sources
KuCoin: Ethereum Q1 2026 Review
Datawallet: What is Uniswap? Features, Fees and More
Talos: State of the Network, Uniswap Fee Switch Analysis
Nokia a AWS rozšiřují spolupráci, aby operátorům nabídly autonomní sítě pro éru AI a přesunuly celý provozní stack do cloudu. Dostupnost se očekává později letos.
Press Release
Nokia, Amazon Web Services expand collaboration to deliver autonomous networks built for the AI era
Leveraging AWS’s AI and cloud services, Nokia’s Autonomous Network Fabric will help operators transition to networks that operate at machine speed to connect intelligence. 24 June 2026
Espoo, Finland — Nokia and Amazon Web Services (AWS) today announced they are expanding their collaboration to deliver autonomous networks built for the AI era, making it easier for telecommunication providers to run their full operational stack in the cloud.
Nokia and AWS are collaborating to run Nokia’s Autonomous Networks Fabric on AWS, giving operators access to advanced AI and cloud services required for Level 4 autonomy. This builds on a set of existing digital operations applications from Nokia — covering orchestration, assurance, and unified inventory — already on the platform. Availability is expected later this year.
Nokia’s Autonomous Network Fabric weaves together a broad portfolio that delivers intent-based service orchestration across multi-domain, multi-vendor networks; provides 360-degree observability with AI-powered anomaly detection, root cause analysis, and closed-loop resolution; and offers a single source of truth for network topology and resources.
The Fabric unifies observability, analytics, security, and automation through four core capabilities:
Unified Data Management across domains.Agentic AI for service operations and optimization.Digital Twin simulations for proactive impact assessment.Intent-Based Networking that translates business goals into automated closed-loop actions. ‘This is how telcos will compete in the AI era’
While legacy network management tools require teams of experts to manually oversee mobile, fixed, and transport networks in silos, Nokia helps operators evolve from static infrastructures to programmable, AI-native platforms that anticipate changing traffic mixes and operate at machine speed to connect intelligence.
“Autonomous networks have gone from far-off vision to business imperative. At Nokia, we move operators toward greater autonomy through the convergence of intent-based networking, agentic AI, and cloud-native architecture. Together with AWS, we’re building a platform that scales operators’ ambitions while maintaining the control and governance they need. This is how telcos will compete in the AI era,” said Oguz Sunay, CTO, AI and Autonomous Networks, Nokia.
Running on AWS, Nokia’s solutions gain elastic scalability, global availability, and broad model choices through cloud AI and ML services — including Amazon Bedrock and Amazon SageMaker — enabling operators to innovate faster while reducing infrastructure costs. Nokia is also engineering an optimized cloud footprint that minimizes compute and storage requirements versus traditional on-premises deployments.
“The shift to autonomous network operations is ultimately about speed and step-change efficiency. Speed to detect, speed to resolve, speed to monetize. Achieving step-change cost efficiency is critical for customers to unlock agentic value in the AI era. Nokia’s decision to optimize its full operational stack on AWS means operators can take advantage of elastic scalability, purpose-built AI and ML services, and the most extensive global infrastructure footprint for wherever their networks operate. Together, we're compressing years of transformation into months, delivering step-change improvements in cost efficiency and revenue growth,” said Amir Rao, global director for Telco Solutions at AWS.
Cloud-based network innovation
Today’s news is the latest in a series of announcements between Nokia and AWS related to cloud-based network innovation. At MWC in March, the companies showcased the industry’s first agentic AI-powered network slicing alongside du and Orange. In February, they announced the world’s first commercial mobile service on 5G Core SaaS, running on Belgium’s Citymesh network.
In addition to these developments, Nokia’s autonomous networks portfolio is already delivering measurable results, with operators achieving automation rates exceeding 90%, service delivery times of four hours or less, and service interruption periods of one minute per year or fewer — along with up to 85% reduction in slice rollout time and up to 50% fewer customer-impacting incidents.
Nokia and AWS are committed to a collaborative innovation agenda that combines Nokia’s telecom-trained AI models and domain expertise with AWS’s AI services to deliver increasingly autonomous network operations. Together, the companies will go to market to help operators evolve their operational stacks, increase autonomous operations and unlock new revenue streams.
Multimedia, technical information and related news
Web Page: Autonomous Networks
Product Page: Digital Operations Center
Press release: Nokia and AWS showcase industry-first agentic AI-powered network slicing with du and Orange #MWC26
Press release: Citymesh goes live with world’s first commercial mobile service on 5G Core SaaS, powered by Nokia and AWS
About Nokia
Nokia is a global leader in connectivity for the AI era. With expertise across fixed, mobile, and transport networks, we're advancing connectivity to secure a brighter world.
About Amazon Web Services
Amazon Web Services (AWS) is guided by customer obsession, pace of innovation, commitment to operational excellence, and long-term thinking. By democratizing technology for nearly two decades and making cloud computing and generative AI accessible to organizations of every size and industry, AWS has built one of the fastest-growing enterprise technology businesses in history. Millions of customers trust AWS to accelerate innovation, transform their businesses, and shape the future. With the most comprehensive AI capabilities and global infrastructure footprint, AWS empowers builders to turn big ideas into reality. Learn more at aws.amazon.com and follow @AWSNewsroom.
Hertz zvýšil emisi zajištěných seniorních směnek směnitelných za akcie na 350 milionů USD s opcí na dalších 50 milionů USD. Výnosy chce použít na splacení dluhu z revolvingového úvěru a na obecné firemní účely.
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), has priced an offering of $350 million aggregate principal amount of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the “Notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). Hertz Corp. also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $50 million aggregate principal amount of Notes. The aggregate principal amount of the offering was increased from the previously announced offering size of $300 million. The offering is expected to close on or about June 29, 2026, subject to customary closing conditions.
Hertz Corp. estimates that the net proceeds from the issuance of the Notes, after deducting the initial purchasers’ discount but before estimated offering expenses payable by Hertz Corp., will be approximately $339.5 million (or approximately $388.0 million if the initial purchasers exercise in full their option to purchase additional Notes). Hertz Corp. intends to use the net proceeds from the issuance of the Notes to repay outstanding borrowings under its revolving credit facility and for general corporate purposes.
The Notes will bear interest from, and including, June 29, 2026, the issue date of the Notes, payable semi-annually in arrears on January 1 and July 1 of each year, beginning on January 1, 2027. Each payment of interest on the Notes (excluding any additional interest, special interest and default interest) will consist of (i) 3.375% of such interest payment to be paid in cash and (ii) 3.375% of such interest payment to be paid in the form of PIK interest. The Notes will mature on July 1, 2030, unless earlier repurchased, redeemed or exchanged in accordance with their terms prior to maturity.
The Notes will be exchangeable at any time until the close of business on the second scheduled trading day immediately preceding the maturity date. The Notes will be exchangeable on the terms set forth in the indenture governing the Notes into cash, shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), or a combination thereof, at Hertz Corp.’s election. The aggregate number of shares of Common Stock that may be issued upon exchange of the Notes may not exceed 19.9% of the number of shares of Common Stock outstanding prior to the offering of the Notes unless and until the shareholders of the Company approve such issuance.
The exchange rate will initially be 279.5248 shares of Common Stock per $1,000 capitalized principal amount of Notes (equivalent to an initial exchange price of approximately $3.58 per share of Common Stock). The initial exchange price of the Notes represents a premium of approximately 32.5% above the public offering price of $2.70 per share of the Borrowed Shares in the concurrent offering of the Borrowed Shares described below. The exchange rate and exchange price will be subject to adjustment upon the occurrence of certain events. If a “make-whole fundamental change” (as defined in the indenture for the Notes) occurs, Hertz Corp. will, in certain circumstances, increase the exchange rate for a specified time for holders who exchange their Notes in connection with that make-whole fundamental change.
Holders of the Notes will have the right to require Hertz Corp. to repurchase all or a portion of their Notes at 100% of their capitalized principal amount of the Notes plus accrued and unpaid cash interest to, but excluding, the date of such repurchase, upon the occurrence of certain corporate events constituting a “fundamental change” as defined in the indenture governing the Notes. Hertz Corp. may not redeem the Notes prior to January 6, 2029. On or after January 6, 2029 and on or prior to the 31st scheduled trading day immediately preceding the maturity date, if the last reported sale price per share of Common Stock has been at least 130% of the exchange price for the Notes for certain specified periods, and certain other conditions are satisfied, Hertz Corp. may redeem all or any portion (subject to certain limitations) of the Notes at a cash redemption price equal to 100% of the capitalized principal amount of the Notes to be redeemed plus accrued and unpaid cash interest to, but excluding, the date of such redemption.
The Notes are expected to be guaranteed by the Company, Rental Car Intermediate Holdings, LLC, Hertz Corp.’s direct parent company, and each of Hertz Corp.’s existing domestic subsidiaries and future restricted subsidiaries that guarantee indebtedness under Hertz Corp.’s first lien credit facilities or certain other indebtedness for borrowed money. The Notes and the related guarantees (other than the guarantee by the Company) are expected to be secured (subject to certain exceptions and permitted liens) on a first-lien basis by the same assets (other than certain excluded property) that secure indebtedness under Hertz Corp.’s first lien credit facilities and existing first lien secured notes, and are therefore expected to be effectively pari passu with indebtedness under Hertz Corp.’s first lien credit facilities and existing first lien secured notes.
The Notes and the related guarantees were offered and sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. The Notes, the related guarantees and any shares of Common Stock issuable upon exchange of the Notes have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and the securities laws of any other jurisdiction.
Concurrently with the offering of the Notes, Hertz also announced today by separate press release the pricing of a separate registered public offering of 37,037,037 shares of Common Stock at a public offering price of $2.70 per share. Such shares (the “Borrowed Shares”) will be loaned by Hertz to a financial institution (the “Share Borrower”), acting as an underwriter in the offering of the Borrowed Shares, pursuant to a share lending agreement. The Share Borrower or its affiliates will receive all of the proceeds of the concurrent offering of Borrowed Shares and neither Hertz nor Hertz Corp. will receive any of the proceeds of that offering, but the Share Borrower will pay Hertz a nominal lending fee for the use of the Borrowed Shares pursuant to the share lending agreement. The Share Borrower will be required to return the Borrowed Shares (or identical shares of Common Stock) to the Company pursuant to the terms of the share lending agreement. Hertz has been informed by the Share Borrower that it or one of its affiliates intends to sell the Borrowed Shares and use the resulting short position to facilitate transactions by which investors in the Notes may hedge their investments through short sales or privately negotiated derivatives transactions. The activity described above could affect the market price of the Common Stock or the Notes otherwise prevailing from time to time.
This press release is not an offer to sell or purchase, or a solicitation of an offer to sell or purchase, the Notes, the related guarantees, the shares of Common Stock issuable upon exchange of the Notes or the Borrowed Shares and does not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom such an offer, solicitation or sale would be unlawful.
The concurrent offering of the Borrowed Shares is contingent upon the closing of the offering of the Notes. The offering of the Notes is not contingent upon the closing of the concurrent offering of the Borrowed Shares.
ABOUT HERTZ
Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe.
This press release contains “forward-looking statements” within the meaning of the federal securities laws. Words such as “expect,” “will” and “intend” and similar expressions identify forward-looking statements, which include but are not limited to statements related to our positioning, strategy, vision, forward looking investments, conditions in the travel industry, our financial and operational condition, our sources of liquidity, the offering of the Notes, the offering of the Borrowed Shares, the anticipated terms of the Notes and Hertz Corp.’s expected use of proceeds from the proposed offering. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including risks and uncertainties related to completion of the offering on the anticipated terms or at all, market conditions (including market interest rates) and the satisfaction of customary closing conditions related to the offering, unanticipated uses of capital and those in our risk factors that we identify in the offering memorandum for the offering and our most recent annual report on Form 10-K for the year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission on February 26, 2026, and any updates thereto in the Company’s quarterly reports on Form 10-Q and current reports on Form 8-K. We caution you not to place undue reliance on our forward-looking statements, which speak only as of their date, and we undertake no obligation to update this information.
Hertz oznámil stanovení ceny nabídky 37 037 037 akcií za 2,70 USD za kus. Výnos z nabídky obdrží J.P. Morgan Securities LLC nebo její přidružené společnosti, nikoli Hertz.
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that it has priced a SEC-registered offering of 37,037,037 shares of its common stock, par value $0.01 per share, (the “Common Stock”), at a public offering price of $2.70 per share. Such shares (the “Borrowed Shares”) will be loaned by the Company to J.P. Morgan Securities LLC (in such capacity, the “Share Borrower”), one of the underwriters of the offering of the Borrowed Shares, pursuant to a share lending agreement. The Share Borrower or its affiliates will receive all of the proceeds of the offering of Borrowed Shares and neither the Company nor The Hertz Corporation, the Company’s wholly-owned indirect subsidiary (the “Hertz Corp.”), will receive any of the proceeds of the offering, but the Share Borrower will pay the Company a nominal lending fee for the use of the Borrowed Shares pursuant to the share lending agreement. The Share Borrower will be required to return the Borrowed Shares (or identical shares of Common Stock) to the Company pursuant to the terms of the share lending agreement. The Company has been informed by the Share Borrower that it or one of its affiliates intends to sell the Borrowed Shares and use the resulting short position to facilitate transactions by which investors in the Notes (as defined below) may hedge their investments through short sales or privately negotiated derivatives transactions. The activity described above could affect the market price of the Common Stock otherwise prevailing from time to time. The offering of the Borrowed Shares is contingent upon the closing of a private offering of the Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the “Notes”) that Hertz Corp. priced today. The private offering of the Notes is not contingent upon the closing of the offering of the Borrowed Shares.
The offering of the Borrowed Shares was made by means of a prospectus. Copies of the prospectus may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone 1-866-803-9204 or from Barclays Capital Inc, c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 or by phone at 1-888-603-5847.
This press release is not an offer to sell or purchase or a solicitation of an offer to sell or purchase the Borrowed Shares or the Notes, and does not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom such an offer, solicitation or sale would be unlawful.
ABOUT HERTZ
Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe.
This press release contains “forward-looking statements” within the meaning of the federal securities laws. Words such as “expect,” “will” and “intend” and similar expressions identify forward-looking statements, which include but are not limited to statements related to our positioning, strategy, vision, forward looking investments, conditions in the travel industry, our financial and operational condition, our sources of liquidity, the offering of the Borrowed Shares, the offering of the Notes and the anticipated completion and timing of the offering. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including risks and uncertainties related to completion of the offering on the anticipated terms or at all, market conditions and the satisfaction of customary closing conditions related to the offering, unanticipated uses of capital and those in our risk factors that we identify in the prospectus for the offerings and our most recent annual report on Form 10-K for the year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission on February 26, 2026, and any updates thereto in the Company’s quarterly reports on Form 10-Q and current reports on Form 8-K. We caution you not to place undue reliance on our forward-looking statements, which speak only as of their date, and we undertake no obligation to update this information.
Síť TRON je nově podporována v Reown SDK, takže vývojáři mohou stavět multichain dApps bez vlastních peněženek. Integrace zpřístupňuje převody TRX, fiat on/off rampy i analytiku.
TLDR: TRON Network is now supported on Reown SDK, removing the need for custom wallet adapters in dApps. Developers can access TRX transfers, fiat on-ramps, and analytics tools through one SDK configuration. TRON supports over 369 million accounts, giving Reown SDK builders access to a massive user base. Reown SDK supports TRON testnets Shasta and Nile, plus Travel Rule tools for financial applications. TRON Network support is now officially live on the Reown SDK, an open-source toolkit for building onchain apps. TRON DAO made the announcement on March 17, 2026, from Geneva, Switzerland.
The integration gives developers a unified solution for incorporating both TRON and EVM networks into their dApps.
Builders no longer need custom wallet adapters or separate chain-specific infrastructure. This launch opens a more direct path for multichain development.
What the Integration Offers Developers Through the Reown SDK, developers can now connect wallets to TRON and authenticate users. They can also send transactions and enable payments across networks within a single session.
This removes a common barrier in building for multiple blockchain ecosystems simultaneously. Builders gain a consistent user experience across both EVM and TRON networks from day one.
The SDK includes wallet authentication on TRON alongside social and email login options. Developers can also enable TRX and TRC-20 token transfers within their applications.
TRON announced the launch of TRON Network support on @reown_ SDK, an open-source all-in-one SDK for building seamless onchain apps. The integration provides developers with a unified solution to easily incorporate TRON and EVM networks into their decentralized applications (… pic.twitter.com/KDdFY93BWV
— TRON DAO (@trondao) March 17, 2026
On-platform swaps, fiat on/off-ramps, and built-in analytics dashboards are part of the toolkit as well. These tools give development teams a more complete platform for building TRON-based dApps.
Justin Sun, Founder of TRON, commented on the launch. “TRON was built to give developers the performance and scale needed to power the next generation of onchain applications,” Sun said. He noted that lower friction for builders leads directly to faster innovation.
The SDK also supports both modern and legacy TRON transaction formats for full wallet interoperability. Developers can test on TRON testnets, including Shasta and Nile. Travel Rule compliance tools are available for teams building financial applications on the platform.
TRON’s Growing Role in Global Blockchain Infrastructure TRON Network currently supports more than 369 million accounts across the globe. The ecosystem has strong adoption in stablecoin transfers, payments, and decentralized finance.
This large user base makes TRON an attractive network for developers building multichain applications. The Reown SDK integration now gives builders direct access to this audience through a simple configuration.
Jess Houlgrave, CEO of WalletConnect, spoke to the reasoning behind the partnership. “Developers shouldn’t have to choose between ecosystems or build bespoke infrastructure for every chain they want to support,” she said. She added that teams can reach TRON’s users through the same workflow already used for EVM chains.
Since its 2022 launch, the Reown SDK has been adopted by platforms such as Morpho, Ethena, Marinade Finance, and Coinbase.
Adding TRON further broadens its network coverage and developer reach. Teams can now manage EVM and TRON support without separate technical setups, saving time and resources.
Through this integration, TRON continues to strengthen its position in global blockchain infrastructure. Developers can now build multichain applications with fewer technical barriers.
The combination of TRON’s user base and Reown SDK’s capabilities provides a strong foundation. Both ecosystems stand to benefit as more builders adopt this unified multichain approach.
LayerZero a Centrifuge propojují tokenizované fondy napříč více než 165 blockchainy. Mezi prvními je JTRSY s téměř 861 miliony USD v tokenizovaných amerických státních dluhopisech.
Centrifuge's largest tokenized fund, JTRSY, is among the first of its products to adopt LayerZero.
LayerZero and Centrifuge are partnering to integrate Centrifuge's institutional tokenization infrastructure into the interoperability protocol’s ecosystem, according to a press release shared exclusively with The Defiant. The companies said that the deal aims to make access and distribution of tokenized real world asset (RWA) products broader with multichain reach from launch.
The partnership addresses the issue of blockchain fragmentation for institutional tokenization. Via LayerZero's OApp standard, issuers can extend products across over 165 blockchain networks, while retaining a unified supply, according to the release.
The first Centrifuge products to adopt LayerZero includes three of its tokenized funds, JTRSY — its largest by total value, with nearly $861 million in tokenized U.S. Treasuries — as well as JAAA, and SPXA, which launched in September as the first licensed tokenized S&P 500 index fund.
The three tokenized funds will expand across Ethereum, Solana, Avalanche, BNB Chain, Base, Optimism, and HyperEVM, per the release. Data from RWAxyz shows that JTRSY is currently mostly on Ethereum, while SPXA is exclusively on Coinbase’s Base.
The partnership also sets the stage for Centrifuge assets to be deployed on Zero, LayerZero's recently announced Layer 1 blockchain. The L1 is slated for launch this fall, per the company’s original announcement, and is backed by Citadel Securities, The Depository Trust & Clearing Corporation, Intercontinental Exchange, and Google Cloud, and designed as core infrastructure for financial markets.
Bryan Pellegrino, CEO of LayerZero Labs, told The Defiant:
"We want partners building on LayerZero to extend into Zero, and Centrifuge, with its institutional client base and tokenization suite, is exactly the kind of asset we're designing the network for."For its part, Centrifuge framed its plans for deploying on LayerZero’s Zero as a wait and see situation, provided the L1 gains traction after launch.
"As part of our broader multichain distribution strategy, we see Zero as an important ecosystem over time," Anil Sood, chief strategy and growth officer at Centrifuge Labs, told The Defiant, continuing:
"Our objective is to make key products such as JTRSY, JAAA, and SPXA accessible across the networks where liquidity, users, and onchain utility are forming."LayerZero Labs’ told The Defiant that the interoperability protocol currently has over $90 billion in assets secured, and more than 700 projects building in its ecosystem, though The Defiant was unable to independently verify this data. As of last May, the company said it handles over 70% of all cross-chain messaging traffic in web3.
Bhaji Illuminati, CEO of Centrifuge Labs said in a statement, “For institutions, tokenization becomes strategic when products are built to move beyond a single venue or chain and enter markets with real distribution from day one.”
Centrifuge, whose CFG token rallied 60% this week on a Binance listing announcement, currently has a total of $1.33 billion in distributed asset value across its tokenized RWA products, per RWAxyz.
Today’s move comes as tokenized RWAs on chain reached $18.4 billion at end of 2025, with RWA holders growing from 84,000 to 564,000 over the course of the year, per a report from Centrifuge — a trend The Defiant documented in depth as RWAs became Wall Street's gateway to crypto last year.
Disclaimer: This story has been updated to clarify that LayerZero’s Zero chain has yet to launch.
This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Cardano (ADA) is eyeing new crypto exchange listings, as per a proposal targeting this expansion of the coin. According to the post, the foundation has voted "yes" to a proposal that will get ADA listed on more global exchanges.
Cardano expansion proposalNotably, Cardano Foundation supports that a repayable ₳5,000,000 loan — which is approximately $2 to $3 million — be withdrawn from the treasury to fund the proposal. The initiative led by the Snek Foundation is meant to support an expansion of Cardano listings, and the funds will cover listing fees and other costs.
The goal is to ensure more visibility of Cardano on centralized exchanges, with the hopes of increasing adoption for ADA on the crypto marketplace.
It is worth mentioning that there had been previous concerns about this move. Interestingly, Cardano Founder Charles Hoskinson had publicly opposed the idea of using treasury funds for Snek or related listings. Hoskinson had insisted that it was a noncore use of the funds.
However, recent developments indicate that all concerns have now been resolved. Perhaps the shift from "grant" to repayable loan helped to convince the governance team to vote in support of the proposal.
There were four constitutional "yes" votes, and none voted against it. Only one individual chose to abstain from voting. Although the details have not been finalized, once it is done, the community can expect to see an expansion in listings.
"Some minor inconsistencies remain between the budget details and the withdrawal amount, but these can and will be clarified in the final agreement," the foundation stated.
Performance pressure mounts on Cardano In the broader crypto space, critics have continued to take a swipe at the Cardano blockchain over its performance. Recently, Nansen CEO Alex Svanenik claimed that by 2026, Cardano would have dropped out of the top 20 crypto assets by market capitalization ranking.
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Svanenik predicted that Hyperliquid, Monad and Zcash could displace ADA, as the asset has failed to find stability and growth. He even referred to Cardano as a "ghost chain" with low utility in the real world.
As reported by U.Today, there is increased pressure on Cardano as Bitcoin Cash (BCH) has been closing in on ADA. As of press time, Bitcoin Cash’s market capitalization stands at $11 billion against Cardano’s $14.65 billion.
Given the poor performance of ADA on the crypto market, there are concerns that BCH could flip it if bearish sentiment lingers for Cardano.
Ben Chow přiznal, že udělal chybu, když podporoval Haydena Davise a Kelsier Ventures, a oznámil, že z funkce odstoupí. Meteora kvůli tomu začne hledat nové vedení.
Amidst the chaos and uncertainty of $LIBRA and the revelation of Kelsier’s serial scam launches, DefiTuna’s Moty Povolotsky reached out to Meteora’s Ben Chow to discuss the harmful allegations made against the protocol.
After blowing the whistle on a series of extractive memecoin launches orchestrated by Kelsier Ventures via Meteora’s M3M3 launchpad, Povolotsky has made this conversation public.
Chow Denies Involvement One of the conversation’s recurring themes surrounds how much, or how little, Meteora co-founder Ben Chow knew about Kelsier Ventures’ series of extractive launches.
According to Povolotsky, Ben Chow frequently gave Kelsier Ventures’ Hayden David “a lot of the instructions” ahead of both M3M3 launches and higher profile launches, like $MELANIA.
“I believe, Ben, you knew this, because you actually gave a lot of the instructions. From Hayden's point of view, he many times would get on a call with you, or text you, and he'd say, ‘oh, Ben said this, Ben said that, Ben said it's launching this, Ben said he's gonna tweak.’ So this is a little bit foreign, like, this is a bit weird on my side, that you sound surprised.” - Moty Povolotsky, DefiTuna Co-Founder
Chow has confirmed on 𝕏 that he worked closely with his ‘friend’ Davis and Kelsier Ventures on the M3M3 launchpad. The platform’s first launch, $M3M3, was plagued by snipers and manipulation, leading to widespread controversy and claims of manipulation.
Despite these concerns, Chow asserted that he has continually referred memecoin project teams to Hayden Davis and Kelsier Ventures. These referrals ultimately resulted in hundreds of millions of dollars being extracted through $AIAI, $MATES, $ENRON, $MELANIA, and $LIBRA launches.
Responding to Povolotsky’s concern, Chow acknowledged that he “was involved in the $MELANIA one” but only on a technical level.
“Well, look, I don't know what happens underneath Hayden. I was involved in the Melania one. I'm not involved in everything, to all degrees, right, but Melania was… people tend to not know what they're doing, and then that one was so high profile and sort of rushed… I didn't want them to f*ck it up, you know, so I was trying to help them because there were issues on things… Actually, I wasn't aware of any of this stuff.” - Ben Chow, Meteora Co-Founder
While it has been made public that Chow was aware of token addresses, like $LIBRA and $MELANIA, pre-launch, the Meteora co-founder claims that no other Meteora or Jupiter team members were involved in any sniping. This claim is consistent with Jupiter’s statement yesterday, wherein the DeFi powerhouse assured users “We have conducted our own investigation and cannot find any evidence of sniping by team members.“
The conversation also includes allegations of market manipulation and mass token sniping among key players throughout the Solana ecosystem. According to Povolotsky, extended Kelsier Ventures team members like Gideon and Dr. Tom also sniped the launch with impunity.
It is theorized that KOLs and influencers across Solana were also given token addresses pre-launch. Feigning sarcasm, influencers like Frank have potentially put themselves into a legal gray area. In a now-deleted X post, Frank remarked: “if you’ve been in crypto for more than 4 years and you’re not somewhat of an insider you need to rethink your strategy.”
“If there's a rug, this was a rug. Like 101,and everyone was in it from the insiders to what's-his-name DeGods, to Jakey. I'm sure everyone and their mother, everybody knew about it and everybody sniped it and some people were early, other people were late and a lot of people lost money and the worst thing of all is it's the President that gets a bad image.” - Moty Povolotsky, DefiTuna Co-Founder
Despite Chow’s shocked reaction to the allegations, the Meteora co-founder admits there were “red flags”. Chow was aware that snipers were targeting Meteora launches, but “always thought they were external snipers”, rather than his trusted friends at Kelsier Ventures.
Povolotsky claims that Davis made a threatening comment regarding Chow’s involvement, with the Kelsier Ventures CEO stating “if Ben ever turns against us we have enough to pin on him”.
Jupiter Cat Herder (Head of Communications) Kash Dhanda issued a statement in support of Chow. Dhanda asserts that Chow may have made a “strategic mistake”, but assures the Solana community that Chow is “not responsible for the insider trading or the failures of tokens launched on Meteora.”
Meanwhile, protocols from across the Solana ecosystem have come out to defend Ben Chow and the wider Meteora/Jupiter organization. Representatives from long-standing Solana projects like Save Finance, Helium, and Squads Labs have vouched for Jupiter and its associated apps.
Chow to Step Down Towards the end of the conversation, Chow acknowledges that he is in a precarious position. Whether guilty of the accusations made against him or not, Chow stated that he will step down from his current position.
“I f*cked up because I enabled a guy I should not have enabled. I'm gonna have to step down. I'm gonna have to quit”
While no communication has come from Ben Chow’s account, Jupiter and Meteora co-founder Meow has issued a statement on the matter.
Meow supports Chow and stands by his statement, assuring the Solana community that no one at either Jupiter or Meteora was involved in market manipulation, or received tokens related to the Kelsier launches.
However, Meow acknowledges that Chow made an unacceptable error judgment by continually referring project leads to Hayden Davis and the Kelsier team. Chow has chosen to officially step down from his position, and Meteora will begin its search for new leadership.
Read More on SolanaFloor: Meteora faces backlash over extractive M3M3 launches
Meteora Under Fire For Ties to Kelsier Pump-and-Dumps
