Brazilian securitization firm VERT has rolled out a blockchain-powered private credit platform on the XRP Ledger, debuting with a R$700 million ($130 million) issuance of an Agribusiness Receivables Certificate (CRA). Key Takeaways: VERT launched a blockchain-based credit platform on the XRP Ledger with a $130M tokenized certificate. The system enables real-time, on-chain tracking of loan…
Bithumb, South Korea’s second-largest cryptocurrency exchange, announced the listing of two new altcoins today. The new supported tokens include Lista DAO (LISTA) and Merlin Chain (MERL). The listing announcement triggered double-digit price increases for both crypto assets, pushing them to 6-month highs. Bithumb Announces LISTA and MERL Listing According to Bithumb’s official announcement, the tokens…
Bankrupt crypto exchange FTX has announced that it will begin its next round of cash distributions to creditors on or around September 30, 2025. The record date for eligible claimants is set for August 15. Key Takeaways: FTX will begin its next round of cash payouts to approved creditors on September 30. A $1.9 billion…
PUMP, the native token of Pump.Fun, dropped over 14% in 24 hours after founder Alon Cohen confirmed that there is no immediate token airdrop. During a live with Michael “ThreadGuy” Jerome, Alon noted that the PUMP airdrop “is not going to be taking place in the immediate future.” He added that the team will inform…
World Liberty Financial, a crypto venture linked to US President Donald Trump, has made another big move into Ethereum. The group converted $13 million worth of USDC into 3,473 ETH, adding to its already large stash of the second-largest cryptocurrency by market cap. The move pushes the platform’s total Ethereum holdings to 73,616 ETH—worth about…
Ondo Finance is back in the spotlight after a major development in the institutional investment landscape. 21Shares, a prominent issuer of crypto exchange-traded products (ETPs), has submitted a preliminary application to the US Securities and Exchange Commission (SEC) for a spot ETF that would track the performance of ONDO, the native token of the decentralized…
Park Gyuri, a founding member of the K-pop girl group Kara, is facing fresh crypto allegations, days after telling a court she did not participate in her ex-lover’s alleged altcoin fraud operations. The case revolves around a low-cap art-themed altcoin named Pica Coin and its alleged mastermind Song Ja-ho, Park’s ex-boyfriend. At the time of…
Tether has announced a partnership with INHOPE, the global network focused on fighting Child Sexual Abuse Material (CSAM) online, to stop the illicit use of digital transactions in child exploitation networks. Key Takeaways: Tether has expanded its partnership with INHOPE to combat the use of crypto in child exploitation. The company has frozen $225 million…
Recent market dynamics suggest investors may be shifting their focus from Bitcoin to Ethereum and broader exposure of altcoins, according to the latest CryptoQuant report. First time in over a year: ETH spot volume > BTC Last week, ETH spot trading hit $25.7B vs. BTC’s $24.4B, pushing the ETH/BTC spot volume ratio above 1 for…
Bitcoin dominance has declined through mid-2025, and traders are again turning toward high-volatility altcoins amid an emerging altseason. Capital is flowing into tokens with low entry points and strong social visibility. While networks like Ethereum remain structurally relevant, current market appetite may favor altcoins such as PEPE, Fartcoin, and HYPE. These tokens represent different facets…