Crypto expected to handle a tenth of post-trade market by 2030: Citi survey
A survey of over 500 finance executives found that 10% of the post-trade market turnover was expected to use tokens and digital assets, such as stablecoins, by 2030....
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Ethereum Buys Surge As Jack Ma-Linked Yunfeng Financial Invests $44 Million
Ethereum (ETH) adoption shows no signs of slowing down, as the second-largest cryptocurrency by market cap continues to attract firms looking to diversify their corporate treasury strategies. Yunfeng Financial Buys $44 Million In Ethereum According to an announcement earlier today, Hong Kong-listed Yunfeng Financial Group is the latest entity...
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Is Binance Safu? North Korea Just Stole $13.5M in XVS Crypto Heist
In a shocking phishing attack, North Korean-connected cybercriminals hit a BNB crypto whale to steal $13.5M in Binance coins, and now the XVS price could be in question – here’s why. A major Venus Protocol user lost about $13.5M on Sept. 1 after a phishing attack targeted their positions....
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Ethena Fee Switch Plan Explained: Will It Pump ENA Price in Q4?
The stablecoin market has hit an all-time high of $284 billion. New legislation in the United States supports this increase, and the USDe at Ethena is becoming one of the primary beneficiaries of this trend. As per Dune Analytics data, the dollar-pegged stablecoin, USDe, issued by Ethena, grew significantly...
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Strategy’s Bitcoin Holdings Now Worth $69 Billion After Latest Buy
Strategy, previously known as MicroStrategy, has expanded its already massive Bitcoin holdings. According to a recent SEC filing, the company acquired an additional 4,048 bitcoins for $449 million. That takes its total to 636,505 BTC, each bought at an average price of $73,765. At today’s prices, that pile is...
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BunniXYZ Halts Contracts After $8.4 Million DeFi Exploit
BunniXYZ, a decentralized exchange built on top of Uniswap v4, has hit pause across all its smart contracts following a serious exploit that drained around $8.4 million in user funds. The project had been gaining early momentum, with nearly $50 million in Total Value Locked before the attack hit....
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Asia Morning Briefing: Are Stablecoins an ‘Engine of Global Dollar Demand’ or a 2008-Style ‘Liquidity Crunch’?
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. While traders fixated on Jerome...
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Coinbase To Launch Futures Offering Combined Exposure To ‘Mag 7’ Stocks, Bitcoin And Ethereum ETFs
Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), announced on Tuesday the upcoming launch of a first-of-its-kind futures offering that provides exposure to top U.S. tech stocks and cryptocurrency simultaneously. COIN stock is staying put for now. Track the latest developments here. Coinbase’s All-In-One Futures Armstrong took to X on Tuesday to share the news. The...
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BlackRock Holds Back on XRP as ETF Rumors Heat Up for Cardano, Polkadot, and Chainlink
BlackRock, the world’s largest asset manager, has opted not to file for a U.S. spot XRP ETF in 2025 despite the SEC reclassifying XRP as a digital commodity and settling its lawsuit with Ripple. The decision comes as competitors such as Grayscale, Bitwise, and 21Shares aggressively pursue XRP ETF...
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Japan Post Bank To Issue Digital Yen In 2026—$1.3 Trillion Deposits Go Blockchain
Japan Post Bank is moving toward a blockchain-based yen currency for depositors, with a launch planned by the end of fiscal year 2026. Japan Post Bank Taps Into Blockchain For Digital Yen As reported by Reuters, Japan Post Bank is planning to launch a digital yen in the coming...
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