News

Layer-2 · 2 months ago Arbitrum Surges 26% Amid Bitcoin and Ethereum Decline, Driven by Robinhood Chain Revenue Arbitrum's price increased by 26% as Robinhood Chain generated over $2 million in revenue in a single day, marking a significant shift in the Layer-2 landscape.

Macro · 2 months ago US Job Openings Reach 7.271 Million in July, Slightly Below Expectations The US labor market reported 7.271 million job openings in July, a modest increase from June but slightly below economists' expectations, indicating ongoing normalization.

Markets · 2 months ago Switchboard Halts Oracle Services on SUI, Aptos, IOTA, and Movement Due to Security Concerns Switchboard has suspended its oracle operations across multiple networks, including SUI and Aptos, following a potential security compromise. This precautionary measure impacts various DeFi applications reliant on its data feeds.

Derivatives · 2 months ago Aster and World Liberty Financial Launch USD1 RWA Boost Phase 1 with $125M WLFI Rewards Aster has initiated the USD1 RWA Boost: Phase 1 in collaboration with World Liberty Financial, offering $125 million in WLFI and $6.25 million in USD1 rewards until December 31, 2026.

Spot & ETFs · 2 months ago Solana Achieves Record 5.2 Billion Non-Vote Transactions in August 2026 In August 2026, Solana processed a record 5.2 billion non-vote transactions, marking its busiest month ever, driven by significant network upgrades and increased DeFi activity.

Companies · 2 months ago Alkemya Metacore Raises $50M for Nickel Technology via Tokenised Equity Alkemya Metacore has secured $50 million in a pre-launch capital raise to advance its nickel wire technology, with plans to issue ALKN tokens on Bitfinex Securities.

Compliance · 2 months ago UK Targets $86 Billion Russia-Linked Crypto Network Amid Sanctions Crackdown The UK is intensifying its sanctions against Russia by focusing on the financial networks facilitating illicit transactions, including a notable $86 billion crypto pipeline.

Funding · 2 months ago Estonia to Procure Israel’s David Sling Missile Defense System Amid Russian Threats Estonia plans to acquire Israel's David Sling missile defense system to bolster its defenses against potential Russian aggression, marking a significant shift in its military strategy.

Companies · 2 months ago Payward and London Stock Exchange Collaborate to Tokenize UK Stocks Payward and the London Stock Exchange are partnering to tokenize the top 100 UK-listed stocks, expanding access to global investors.

Macro · 2 months ago Federal Reserve's Michael Barr Links Financial Inclusion to Economic Stability In a recent speech, Federal Reserve Governor Michael Barr emphasized the importance of financial inclusion for achieving economic stability, citing data on unbanked Americans and technology adoption disparities.

Macro · 2 months ago TD Cowen Adjusts Bitcoin Year-End Target to $97,500 Amid Market Volatility TD Cowen has revised its Bitcoin price target to $97,500 for the end of 2023, indicating a 25% upside from current levels, while adjusting previous forecasts significantly downward.

Stablecoins · 2 months ago Singapore MAS Proposes Stablecoin Regulations with Public Consultation Until 2026 The Monetary Authority of Singapore has proposed amendments to the Payment Services Act to regulate stablecoins, inviting public feedback until October 2026.

Adoption · 2 months ago Anthropic Secures $35 Billion Cloud Deal with Hut 8 and Nvidia Support Anthropic has entered a $35 billion cloud-computing agreement with Lambda, leveraging Hut 8's Texas data center, backed by Nvidia's infrastructure.

Derivatives · 2 months ago Morgan Stanley Upgrades Robinhood, Sets Price Target at $150 Amid Product Expansion Morgan Stanley has upgraded Robinhood to an 'Overweight' rating, raising its price target to $150, reflecting confidence in the company's expanding product offerings.

Technology · 2 months ago Nvidia Invests $1.5 Billion in SB Energy for Ohio AI Campus Development Nvidia has announced a $1.5 billion investment in SB Energy Corp. to support the development of a major AI infrastructure project in Ohio, which aims to deliver 8 gigawatts of compute capacity.

Policy · 2 months ago Russia Implements New Cryptocurrency Regulation Amidst Incomplete Market Infrastructure Russia's new cryptocurrency regulations have officially taken effect, establishing a legal framework for digital assets while the necessary market infrastructure remains under development.

Macro · 2 months ago US Treasury Faces Yield Standoff as Bond Traders Resist Buyback Strategy The US Treasury's efforts to lower bond yields through expanded buybacks have met with limited success, as yields remain elevated amid rising national debt and inflation concerns.

Hacks & Exploits · 2 months ago McKesson Confirms Cloud Breach Exposing Patient Records Amid Ransom Demand McKesson has reported a significant cloud breach affecting patient data, with hackers demanding a ransom to prevent publication of the stolen information.

Companies · 2 months ago Bybit EU Collaborates with MEXC for Dutch Market User Transition Bybit EU has partnered with MEXC to facilitate the transition of Dutch users following MEXC's exit from the Netherlands due to regulatory compliance.

Companies · 2 months ago Institutional Investors Increase XRP Futures Exposure on CME Amid Market Pullback Institutional interest in Ripple's XRP futures on the CME is rising, even as the broader market shows reduced exposure, indicating a potential shift towards regulated trading environments.