Plasma, a blockchain platform focused on stablecoin infrastructure, is making waves across the crypto space for raising $500 million through its XPL token offering and securing a strategic partnership with DeFi giant Aave in the last 24 hours.
The Aave collaboration will see Plasma integrate the DeFi protocol’s lending and liquidity infrastructure to distribute USDT to institutional clients and...
After years of testing, the XRP Ledger will finally launch its Ethereum Virtual Machine-compatible sidechain in the second quarter of 2025.
Ripple Chief Technology Officer David Schwartz confirmed the timeline at the Apex 2025 event, a move that integrates Ethereum’s smart contract capabilities into the XRPL ecosystem.
The development aims to expand XRP’s utility beyond its traditional payment...
A legislative proposal to establish a regulatory framework for digital assets in the United States, the Digital Asset Market Clarity Act, has advanced through two key House committees with bipartisan support.
The bill, also known as H.R. 3633, cleared the House Financial Services Committee with a 32-19 vote and the House Agriculture Committee with a 47-6 vote, positioning it for consideration by...
FTX, the bankrupt crypto exchange, has added Payoneer to its creditors’ repayment options, according to a June 10 statement.
The new company would serve as an additional asset distribution channel, alongside BitGo and Kraken.
Payoneer operates a global payments platform across more than 190 countries and territories. Under the agreement, Payoneer will help distribute funds to retail customers in...
On-chain data shows that Bitcoin’s (BTC) brief slide to $100,000 strengthened rather than weakened market structure, Glassnode said in a June 10 report.
Bitcoin is currently trading at $109,500, after an over 4% climb on June 9 to hit a weekly high of $110,600.
The report noted that the 9% drawdown following the June 7 record high of $111,965 resulted in only $200 million in realized losses,...
The Ethereum Foundation has released the first report in its most comprehensive security initiative to date, which maps the critical risks Ethereum (ETH) must address to support trillions in global on-chain value.
The first Trillion Dollar Security (1TS) report outlines what individuals, institutions, and governments require to entrust significantly larger sums to the network. The report follows...
The US Securities and Exchange Commission (SEC) asked would-be Solana exchange-traded fund (ETF) sponsors to file amended S-1 Forms within a week, Blockworks reported on June 10, citing three people familiar with the discussions.
The sources said that the SEC has informed the issuers that it intends to respond within 30 days of the filings. Additionally, staff directed applicants to clarify...
Fortune 500 companies and global asset managers continued to expand blockchain activity and allocations during the first half of 2025, according to Coinbase’s latest State of Crypto report.
Six in ten Fortune 500 executives say their firms run on-chain initiatives, and the average number of projects per company jumped to 9.7 from 5.8 year on year, a 67% rise.
Furthermore, almost 20% of...
The Blockchain Group on June 10 won shareholder approval to raise more than €10 billion ($11 billion) for additional Bitcoin (BTC) purchases effective immediately, formalizing a proposal first aired one day earlier.
During an ordinary and extraordinary general meeting, investors holding 39% of voting rights backed every resolution with support exceeding 95%, according to a statement posted on X....
Guggenheim Partners is bringing its Treasury-backed fixed-income product to the XRP Ledger (XRPL) through a new partnership with Ripple, Bloomberg News reported on June 10.
Guggenheim Treasury Services, a subsidiary of the investment giant, will offer tokenized US commercial paper with customized maturity terms of up to 397 days on XRPL.
The product is fully backed by US Treasurys and aims to...