Unusual Repetitive Trades Dominate Bitcoin and Ether Perpetuals on Kalshi
A limited number of recurring trade volumes formed the majority of the financial activity across Kalshi’s ether and bitcoin perpetual swap markets, according to an…
DeFi
SoFi Initiates Stablecoin Settlement on Mastercard Network for Initiative Projected to Surpass $25 Billion in Yearly Volume
SoFi has started clearing credit and debit card payments using the SoFiUSD stablecoin across Mastercard’s international payment infrastructure, as the financial institution transitions its entire…
ECB to Deploy Personal Funds Into Tokenized Assets via Pontes DLT
The European Central Bank (ECB) plans to allocate a “limited share” of its personal capital toward tokenized government-backed assets. These transactions will be cleared using…
Onchain Prediction Protocol Trueo Shifts to Ethereum Mainnet as Vitalik Buterin Praises ‘Ethical’ Approach
Decentralized prediction market framework Trueo has disclosed plans to transition its primary deployment from the Base Layer 2 network to the Ethereum mainnet, pointing to…
ECB Deploys Pontes Network to Settle Wholesale Tokenized Assets Using Central Bank Money
The European Central Bank rolled out Pontes on Monday, creating a venue that permits banks and other authorized financial entities to clear tokenized asset trades…
Perpetual Futures Tied to Bitcoin VIX Launch on Hyperliquid
Perpetual contracts tracking the Bitcoin Volmex Implied Volatility Index (BVIV) launched on Hyperliquid on Monday, providing decentralized exchange users with an instrument to wager on…
Scott Bessent Champions Dollar Dominance Across Global Markets and Stablecoins
Treasury Secretary Scott Bessent leant on stablecoin adoption and dollar-denominated trade metrics to defend the strength of the U.S. economy, seeking to counter anxiety over…
NEAR jumps nearly 80% in a week as Intents volume nears $30B
The native token of Near Protocol rallied almost 80% over the past week, outperforming the broader cryptocurrency market as the network broadened its privacy-oriented exchange…
ECB Introduces Pontes for Settling Tokenized Assets Without Stablecoins
The European Central Bank (ECB) has rolled out Pontes, a platform designed to let financial organizations clear wholesale transactions of tokenized assets using central bank…
ZetaChain Votes to Decommission Layer 1 Blockchain and Migrate ZETA to Solana
On Sunday, ZetaChain (ZETA) token participants cast their ballots to sunset the platform’s Layer 1 chain, giving the green light to transition to Solana for…