Key Takeaways Sedona partnered with Fhenix on July 15 to integrate default cryptographic encryption into its system. The FHE shift removes 100% of reliance on trusted hardware, setting a new standard for private DeFi apps. Next, Sedona will deploy the Fhenix infrastructure on Arbitrum after completing its multi-step migration. Cryptographic Security Upgrade Sedona, a self-custodial…
Key Takeaways SBI acquired control of Coinhako on July 16 after MAS approval, expanding its Singapore footprint. Coinhako gives SBI a regulated Singapore base, tightening competition across Asia’s crypto market. SBI plans stablecoins and tokenization, building on Bitbank’s $289M deal and JPYSC. SBI Holdings Pairs Coinhako With Solana and Ondo Deals, Broadening Tokenized Finance SBI…
Key Takeaways Mir cards captured 85% of Russia’s market as sanctions rendered Visa and Mastercard effectively useless. Remaining foreign cards will soon fail due to physical wear and the expiration of security certificates. Russia’s central bank announced a gradual phase-out for international cards without strict timeframes. Mastercard and Visa ‘Absent’ from Russia as Cards Reach…
Key Takeaways Ripple committed $250,000 to 25 veteran- and military spouse-owned businesses selected by Hire Heroes USA. Each recipient receives training and access to more than 20,000 military-connected candidates seeking civilian employment. Future hiring, retention, and business-growth data will help determine whether the program delivers measurable workforce results. Ripple Backs Veteran Entrepreneurs With $250,000 in…
Key Takeaways T. Rowe Price, which manages $1.89 trillion in client assets, combines multiple spot crypto assets in an actively managed portfolio. BTC represented 41.13% of holdings, while ETH, BNB, SOL and XRP formed the next-largest positions, according to latest data. The fund allows managers to adjust allocations based on market trends, momentum shifts and…
Key Takeaways UDX self-certified seven sports contract templates with the CFTC on July 15. Filings target first contract listings no later than July 17. Underdog bought Aristotle’s exchange and clearing entities in March. Underdog moves from distributor to exchange operator Underdog’s newly acquired exchange self-certified seven sports event-contract templates with the Commodity Futures Trading Commission…
Key Takeaways Venezuelan Binance P2P volumes hit $1.4B in a month, proving crypto is a primary currency exchange channel. This massive USDT volume equaled 88% of central bank forex sales, exposing traditional market limitations. Easing US sanctions will boost traditional forex sales, expected to lower future Binance trading volumes. USDT Trading Hits Record Levels In…
Key Takeaways Bitcoin fell 1.4% below $63,600 on July 17, hitting a session low of $62,732 as post-CPI sentiment faded. Middle East tensions and an AI stock sell-off dragged global tech indices and the crypto market down 1.8%. Nansen’s analyst expects a brief flush before accumulation resumes, noting smart money long ratios at 1.58. Tech…
Key Takeaways Paolo Ardoino says USDT adds over 30 million wallets a quarter, with its user base above 550 million. USDT’s market cap climbed to about $190 billion in 2026, briefly flipping ether as the no. 2 crypto. Tether posted $1.04 billion in Q1 2026 profit and holds 97,141 BTC in its bitcoin reserve. Growth…
Key Takeaways Lookonchain tracked 437,000 HYPE ($28.38M) from an a16z-linked whale to OKX, Bybit and Gate in 2 days. HYPE traded near $60 on July 17, down about 10% in 24 hours amid $1.35 billion in crypto liquidations. A16z-linked wallets built a 3.9 million HYPE stake worth $192.6 million earlier in 2026. HYPE Faces Increasing…
