Key Notes WebBank becomes first regulated US bank to settle conventional card payments via stablecoin on public blockchain infrastructure. RLUSD stablecoin reaches $1 billion circulation milestone under New York financial regulator oversight since late 2024 launch. Ripple secures $500 million funding at $40 billion valuation while expanding institutional services through Prime brokerage platform. Mastercard, Ripple, Gemini, and WebBank announced a collaboration to explore using Ripple’s RLUSD stablecoin for settling fiat credit card transactions. The partnership was revealed on Nov. 5 at the Ripple Swell 2025 conference in New York. The…
Category: Reviews
Solana ETFs Beat Bitcoin, Ethereum Funds in Daily Net Flow
Key Notes Bitwise’s BSOL dominated Solana ETF inflows with $13.2 million while Bitcoin ETFs lost $566.4 million in the same trading session. SOL price dropped to $146 before recovering above the critical $155 support level despite experiencing double-digit percentage losses. Total net flows for Solana ETFs remain modest at $284 million compared to Bitcoin’s $60.4 billion and Ethereum’s $14 billion accumulated inflows. Bitwise recently launched its spot Solana ETF, BSOL, which is attracting significant demand, surpassing spot Bitcoin and Ethereum ETFs in daily net flow on November 4. This came…
Wyoming Senator Lummis Opposes Reopening GENIUS Act Amid Banking Industry Criticism
Key Notes Wyoming Senator maintains her stance against reopening GENIUS Act legislation despite community banks’ concerns about competitive disadvantages in stablecoin markets. Three states have authorized community banks for digital asset custody, with Lummis urging traditional institutions to adapt or risk obsolescence. The senator actively promotes crypto policy including US-UK fintech collaboration, defending Circle’s firearm purchase policy, and advocating for strategic Bitcoin reserves. Senator Cynthia Lummis expressed opposition on Nov. 5 to revising the GENIUS Act despite complaints from the banking industry over stablecoin regulations. The Wyoming Republican stated it…
Cardano Price Prediction: Blood in the Streets as ADA Slides – But This One Signal Could Flip the Trend
The token currently trades near $0.53 after touching a low of $0.48, while the broader crypto market has also crashed. Trading volume, on the other hand, surged by 13% to $1.8 billion, a sign that volatility is drawing traders back into the market. With total market capitalization falling to $3.39 trillion and $1.73 billion in liquidations over the past day, according to CoinGlass, the start of this November has been hard on crypto enthusiasts. However, even as the bloodbath unfolded, the Cardano Foundation marked founder Charles Hoskinson’s birthday, a reminder…
Bitget Becomes First Exchange to Fully Integrate Ethereum Layer-2 Morph Chain
Key Notes Morph becomes the first network with complete Bitget Onchain integration, establishing BGB as its native gas and governance token. The partnership includes 220 million BGB tokens locked with 2% monthly releases to fund liquidity and ecosystem expansion initiatives. Bitget’s recent service expansions include zero-interest institutional loans up to 2M USDT and multi-chain trading support for major networks. Bitget, a Seychelles-based fintech firm dubbed a “universal exchange” due to its cryptocurrency and traditional financial services offerings, has announced its full integration with the Morph Chain layer-2 blockchain. Users on…
Ripple Secures $500M Funding at $40B Valuation from Fortress Investment Group
Key Notes Fortress Investment Group led a major funding round alongside Brevan Howard and Marshall Wace for the blockchain payments firm. The company’s dollar-pegged stablecoin achieved remarkable growth, becoming the tenth largest in its category within a year. Ripple Prime now offers institutional brokerage services following the Hidden Road acquisition and humanitarian groups test its technology. Blockchain payments firm Ripple Labs Inc has secured $500 million from Fortress Investment Group and a few other investors. The funding raised its valuation to a whopping $40 billion, according to an X post…
WisdomTree Activates Chainlink NAV Feed for CRDT Tokenized Credit Fund
Key Notes The CRDT fund tracks 35 alternative assets with a $25 minimum investment across Ethereum and Stellar networks. Chainlink’s oracle network delivers cryptographically-verifiable NAV data through independent node operators like Blockdaemon. OpenTrade and Nest will create yield vaults using WisdomTree funds, enabling stablecoin returns through ERC-4626 standards. WisdomTree and Chainlink launched a live net asset value feed for the CRDT tokenized private credit fund on Ethereum on Nov. 5. The integration delivers decentralized pricing data through 16 independent oracle operators using Chainlink’s DataLink Services. The feed reports a NAV of…
Tether Signs Partnership with Vietnam’s Da Nang
Key Notes Da Nang approved a 36-month pilot allowing USDT-to-VND conversions through Basal Pay under its International Financial Center sandbox authority. Vietnam’s Resolution 05/2025/NQ-CP bans fiat-backed stablecoins nationally, while Resolution 222/2025/QH15 grants Da Nang exemptions for pilot programs. The partnership will implement Tether’s Plan ₿ model, previously deployed in Lugano for municipal cryptocurrency payments and merchant integration. Tether and the People’s Committee of Da Nang City signed a Memorandum of Understanding on Nov. 5 to advance blockchain technology and digital infrastructure in the Vietnamese municipality. The agreement focuses on policy…
Zama Acquires Buterin-Backed ZK Firm Kakarot to Boost Privacy
Key Notes Zama has inked a strategic partnership with KKRT to accelerate scalability efforts across the Zama Protocol. KKRT Labs will bring its deep expertise in designing high-performance proving architectures and modular rollup systems to the deal. Vitalik Buterin has been speaking about agentic models, citing that they threaten human systems. Zama, the cryptography company behind the Zama Confidential Blockchain Protocol, has officially announced its acquisition of Kakarot or KKRT Labs. Together, these firms plan to accelerate scalability efforts across the Zama Protocol, aiming to achieve more than 10,000 confidential…
Metaplanet Takes $100M Loan Backed by Bitcoin Holdings
Key Notes The undisclosed lender provided flexible terms with daily renewal and the ability to repay at any time. Metaplanet’s Bitcoin holdings are valued at approximately $3.5 billion. The company plans additional Bitcoin purchases. . Metaplanet Inc. executed a $100 million loan secured by its Bitcoin holdings, the Tokyo-listed company disclosed Nov. 4. The loan was finalized on Oct. 31 under a credit facility agreement established Oct. 28. The company holds 30,823 BTC BTC $102 665 24h volatility: 1.2% Market cap: $2.05 T Vol. 24h: $112.57 B as collateral for…