Samsung SDS has reportedly secured a contract to build and operate a blockchain-based token securities platform for the Korea Securities Depository ahead of South Korea’s new digital asset framework.
Bitwise chief investment officer Matt Hougan said stablecoins could scale into a multi-trillion-dollar market if major technology companies continue integrating them into payment systems.
Aave Labs has liquidated the Kelp DAO attacker’s remaining rsETH positions on Ethereum and Arbitrum in a major step towards restoring the protocol after April’s $293 million exploit.
OpenTrade has raised $17 million in a strategic funding round to expand its stablecoin yield infrastructure and real-world asset-backed lending platform.
Morgan Stanley has launched a cryptocurrency trading pilot on its E*Trade platform with fees lower than some major US crypto exchanges and brokerage rivals.
Executives from Robinhood Markets Inc., Ondo Finance and Babylon Labs said Wall Street’s migration into crypto infrastructure is underway but progressing more slowly and unevenly than the industry initially expected.
Nasdaq Inc. president Tal Cohen said the US Securities and Exchange Commission’s changing stance on crypto regulation is giving financial firms greater confidence to develop blockchain-based infrastructure and tokenised assets.
Amina Bank said it has become the first regulated bank to provide custody and trading services for Canton Coin, expanding institutional access to blockchain-based capital markets infrastructure.
BTQ Technologies said it has deployed a quantum-safe stablecoin proof-of-concept in partnership with iM Bank and Finger Inc. to support South Korea’s first bank-led KRW stablecoin pilot.
Keonne Rodriguez published a public appeal from federal prison asking Bitcoin holders to donate crypto to help his family manage mounting legal debt linked to the Samourai Wallet case.
Bridge head of money movement Ben O’Neill said the dominance of Tether and Circle Internet Group is a “net bad” for the long-term growth of stablecoins because the market lacks sufficient competition.
Coinbase has been sued in California federal court by a Puerto Rico-based plaintiff seeking the return of crypto allegedly tied to a $55 million DAI phishing theft from August 2024.
