Key Takeaways BlackRock’s BUIDL fund gained $600 million in AUM in just two weeks, primarily on Ethereum. The BUIDL fund is now issued natively on seven major blockchains, including Ethereum, Aptos, Arbitrum, Avalanche, Optimism, Polygon, and Solana. BlackRock’s BUIDL fund has gained $600 million in assets under management over the past two weeks on Ethereum,
The European Central Bank (ECB), as part of its preparation phase for a potential digital euro launch, announced framework agreements with technology providers responsible for components of the central bank digital currency (CBDC). In a Thursday notice, the ECB said it had reached agreements with seven entities — and at least one more expected to
The perpetuals race has a new entrant in open beta. Lighter has opened its public mainnet after roughly eight months in private testing, positioning itself as an Ethereum-settled alternative to the current leaders. Under the hood, Lighter is a zk-rollup purpose-built for perps. A centralized sequencer batches orders, but state transitions — price-time-priority matching, liquidations,
Coinbase is piloting $12,000 USDC transfers in New York, testing whether stablecoins can deliver aid to low-income households more efficiently. Summary Coinbase and GiveDirectly launched Future First in New York, where 160 low-income residents are set to get $12,000 in USDC over five months. Payments are structured as an $8,000 initial transfer followed by five
Citadel Wallet has unveiled Suiball, the first hardware wallet designed specifically for the Sui blockchain. Summary Suiball uses clear signing to display all transaction details in a human-readable format, reducing the risks of blind signing. The wallet supports native Sui assets such as WAL, DEEP, NS, and NFTs, and integrates with DeFi platforms including Suilend,
Cryptocurrency analyst Joao Wedson has warned investors to be cautious following the recent uptrend. He claimed that current levels are unattractive, particularly for XRP, Solana (SOL), and Binance Coin (BNB). “These coins have already risen too much, the risk/reward ratio is no longer in favor of investors,” Wedson said, arguing that the same point has
At the X Layer offline, the CEO of the OKX Star Xu has stated that the strategic priority of the corporation is the establishment of an open blockchain network. He confirmed that the Ethereum Layer 2 rollup, X Layer, will be the basic infrastructure of the OKX Wallet and exchange. Three Phases of X Layer
Key Takeaways Bitcoin surged past $120K, its highest since August, driving $400M in liquidations led by BTC and ETH. Seasonal trends show October averaging 21% gains, boosting bullish positioning. Bitcoin climbed above $120,000 today, its highest level since early August, sparking nearly $400 million in liquidations over the past 24 hours. Data shows about $282
Key Takeaways NVIDIA surpassed $190 per share for the first time, indicating strong investor confidence. The company’s market capitalization now exceeds $4.6 trillion, underlining its dominant position in the semiconductor and AI industry. NVIDIA, a leading developer of AI chips, topped $190 per share for the first time today, marking a new milestone for the
Russia is creating a cryptocurrency infrastructure of its own, with the country’s crypto sector pushing the government to finalize it faster. According to a top representative of the Russian finance ministry, its elements should serve not just the recently regulated mining industry, but other crypto-related activities as well. Moscow to underpin Russian crypto market with