The U.S. Department of Justice has launched a forfeiture action to recover nearly $2.3 million worth of Bitcoin tied to a new ransomware group dubbed Chaos. Chaos is a recently identified ransomware-as-a-service operation. First spotted in early 2025 by researchers… Original
Payments platform PayPal is set to roll out a new feature for US merchants to accept payments with over 100 cryptocurrencies, targeting overseas transactions and more utility of its own stablecoin. According to a Monday announcement, businesses will be able to accept Bitcoin (BTC), Ether (ETH), Solana (SOL), USDt (USDT), USD Coin (USDC) and XRP (XRP), among others. The tool integrates with crypto wallets including Coinbase Wallet, MetaMask, OKX, Kraken, Binance, Phantom, and Exodus. Transactions paid with cryptocurrencies will be automatically converted into PayPal’s stablecoin PYUSD or fiat currency at…
Key Notes Binance Earn debuted a new product dubbed RWUSD. It will deliver a reward of up to 4.2% APR to users based on their RWUSD holdings. This product is benchmarked against Real-World Assets such as tokenized US Treasury bills. Leading cryptocurrency exchange Binance has debuted a principal-protected Earn product dubbed RWUSD. The digital asset service provider released a publication, informing its users of the product, which aims to track the performance of Real-World Assets (RWA), including tokenized US Treasury bills. Key Features of Binance’s New RWUSD Product In its…
With a market capitalization of over $80B, the meme coin market continues to attract projects looking to be the next big thing. To do this, they typically combine cute branding and influencer endorsements to sell their coins. Snaky Way ($AKE) decided to be different. Don’t let the cute branding fool you, though. There’s a method to the madness behind the latest meme coin presale. The project combines classic meme coin fun with real utility, including gaming tournaments, staking rewards in various blockchains, and AI-powered price support. There’s a lot to…
Ledn, a leading bitcoin lender, has launched its Private Wealth program aimed at high-net-worth individuals, institutional investors, and corporations looking to leverage long-term bitcoin holdings for strategic capital. This initiative responds to a growing trend among crypto investors to borrow against bitcoin, allowing them to invest in yield-bearing opportunities while maintaining exposure to potential price […] Original
Christie’s International Real Estate has debuted the first major U.S. brokerage division focused exclusively on cryptocurrency-based home sales, The New York Times (NYT) reported. U.S. Brokerage Christie’s Pioneers Crypto Home Purchases Spearheaded by Aaron Kirman in Los Angeles, the division enables homebuyers to skip banks entirely by paying with digital currency, according to a report […] Source CryptoX Portal
Institutional interest in cryptocurrencies was piqued after “Crypto Week” in the US saw the passage of the industry’s key stablecoin bill, the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act. Signed into law by US President Donald Trump on July 18, the GENIUS Act bans yield-bearing stablecoins in the world’s largest economy, which may increase the demand for Ether (ETH) and Ethereum-based yield-generating decentralized finance protocols, according to industry watchers. Signaling growing demand for the world’s second-largest cryptocurrency, a group of crypto researchers and public market experts…
Vietnam launched a national blockchain platform designed to serve as the backbone for its expanding digital ecosystem. On Friday, Vietnam announced the state-run blockchain network, which will verify digital transactions and records across different sectors. The new platform, NDAChain, was developed by the country’s National Data Association (NDA) and will be operated by the Ministry of Public Security’s Data Innovation and Exploitation Center. The government said NDAChain will address long-standing challenges of centralized data models, including cyberattack vulnerabilities, scalability and limited global integration. NDAChain’s role in the national digital ecosystem…
TLGY Acquisition Corp. will merge with SC Assets to create StablecoinX, a company focused on building an ENA treasury. Backed by $360 million in PIPE financing, the venture aims to secure a major stake in Ethena’s stablecoin ecosystem. ENA Treasury to be Powered by StablecoinX Through $360 Million Funding TLGY Acquisition Corp. has announced the […] Source CryptoX Portal
Anchorage Digital, an institutionally-focused digital asset service provider, announced the launch of a stablecoin issuance platform on Thursday, tapping synthetic dollar and stablecoin issuer Ethena as its first partner client. The company will launch Ethena’s USDtb stablecoin in the United States, according to an announcement made on Thursday. Currently, USDtb is issued offshore. Issuing USDtb in the US will make the stablecoin fully compliant under the GENIUS stablecoin regulation, signed into law by US President Donald Trump in July. Trump signs the GENIUS stablecoin bill. Source: The White House Teresa…