Bitcoin-gold correlation tops 50% as debt fears return, Grayscale says
Bitcoin’s 90-day correlation with gold has topped 50% as its Nasdaq link weakens, according to Grayscale’s debasement trade research.
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The Sandbox to reimburse SAND holders after 14.7M token bridge exploit
The Sandbox has pledged to reimburse eligible SAND holders 1:1 after an Aug. 21 bridge exploit drained about 14.7 million tokens worth roughly $700,000 from an Ethereum vault. According to The Sandbox’s Aug. 27 post-mortem, users who legitimately held bridged…
Virtu completes sovereign bond repo in 10 minutes
Virtu, M1X and Tradeweb completed an onchain repo using Marshall Islands bond USDM1, settling the full cycle within 10 minutes.
Sheikh Tahnoon reportedly controls 49% stake in World Liberty bank holding firm
World Liberty Financial’s proposed US trust bank has drawn a major Abu Dhabi backer, with Sheikh Tahnoon bin Zayed Al Nahyan and co-investors reportedly controlling 49% of the holding company behind the federally chartered venture. The Wall Street Journal reported…
OCC overhauls bank supervision and enforcement rules
The OCC revised bank supervision manuals and proposed dividing legal breaches into substantive and technical violations under a risk-based model.
Galaxy adds 24/7 emergency services at Helios
Galaxy partnered with Total Safety to provide continuous fire, rescue and medical coverage at its expanding Helios data center in Texas.
Dunamu, Visa explore stablecoin payments and AI
Dunamu and Visa will explore stablecoin payments, global remittances, OUSD business models and AI-driven commerce under a new partnership.
Evernorth sets Sept. 30 vote for XRP treasury merger
Evernorth’s S-4 is effective, clearing Armada shareholders to vote Sept. 30 on its proposed XRP treasury merger and Nasdaq listing.
SEC sues 38 entities over fake adviser filings
The SEC sued 38 entities accused of using false adviser filings, nonexistent auditors and fake certificates to appear legitimate to investors.
BitGo acquires NYDIG institutional trading business
BitGo acquired NYDIG’s institutional trading business, adding 30 employees and capabilities across derivatives, financing and execution.
Ledger rejects hack claim after OneKey recreates bug
Ledger rejected OneKey’s hack claim after researchers reproduced a patched flaw that could display one transaction while signing another.
Genius Group plans $827M Bitcoin, $800M AI treasuries
Genius Group has proposed raising capital through perpetual preferred securities to build an $827 million Bitcoin treasury and an $800 million AI portfolio within a $2 billion total-asset target for fiscal 2031. Genius Group turns to preferred capital Genius Group…
Aave V4 deposits hit record $806M after 30% weekly rise
Aave V4 deposits have reached a record $806 million after climbing 30% over seven days, while active loans have increased to $206 million. Aave V4 deposits accelerate past $800 million Aave’s on-chain dashboard shows that V4 deposits reached $806 million…
Mirae Asset targets $109B digital asset business
Mirae Asset has set a 150 trillion won or about $109 billion target for a digital asset business spanning cryptocurrency, stablecoins, real-world assets and tokenized securities. Digital X will anchor Mirae Asset’s $109B plan The Korea Times reported the target…
Trump crypto ventures left investors $4.7B underwater: report
US President Donald Trump’s family-linked crypto ventures have left investors at least an estimated $4.7 billion underwater while generating about $1.4 billion for the president in 2025, according to Public Citizen. Trump crypto losses reached an estimated $4.7 billion Public…
Polish Olympic chief arrested in Zondacrypto probe
Radosław Piesiewicz, president of the Polish Olympic Committee, has been arrested and charged with two offenses as prosecutors investigate payments and financial ties connected to the collapsed crypto exchange Zondacrypto. Poland’s Justice Minister and Prosecutor General Waldemar Żurek confirmed the…
Stellar’s $3B RWA market faces a $2M DeFi gap
Stellar’s tokenized real-world asset market has climbed from about $785 million in January to more than $3 billion in July, while only just over $2 million has entered Blend pools that accept RWAs. Stellar’s RWA market has crossed $3 billion…
Bitcoin’s 22% rally now needs real demand to outlast Treasury liquidity boost
Bitcoin’s latest breakout may have started with a shift in U.S. Treasury-market liquidity, but analysts say its staying power will depend on whether ETF inflows and spot demand can replace the initial macro boost. Bitcoin surged roughly 22% during its…
Ethena proposes 95% revenue allocation to ENA buybacks
Ethena has proposed directing 95% of net revenue from its branded businesses toward ENA buybacks once USDe supply reaches $7.5 billion, as the protocol also moves to end monthly investor unlocks and separate ecosystem economics from Ethena Labs equity. According…
XRP faces a major imbalance as price stalls despite 72% ETF inflows; how its holders are earning $9,000 a day
EX DeFi offers XRP holders a cloud mining alternative as ETF inflows sustain institutional interest amid market volatility. Cumulative net inflows into XRP ETF have hit a record high of $1.566 billion; however, the price of XRP has not surged…