MoneyGram Joins XDC Network as Institutional Validator
Global remittance company MoneyGram has joined the XDC Network as an institutional validator. The firm will stake native tokens and vote on chain governance.
Crypto Vault Deposits Exceed $10 Billion as Regulators Examine Lending Risks
Crypto vault deposits have officially surpassed $10 billion, driven by institutional capital entering curator-managed strategies. Depositors face collateral, liquidity, and smart-contract risks as regulators examine the sector.
European Stock ETFs Return to Inflows as Earnings Lift Markets
European stock ETFs recorded positive net flows in July, ending months of outflows. Strong earnings and record index levels supported renewed investor allocations.
PEPE Exchange Outflows Reach 2-Year High as Whale Holdings Grow
PEPE recorded its largest exchange outflow since November 2024, with 4.54 trillion tokens withdrawn. Large holders increased their positions over the same period.
Intesa Sanpaolo Cuts IBIT Stake and Raises Ethereum ETF Exposure
Intesa Sanpaolo reduced its BlackRock iShares Bitcoin Trust holding by 93.7% in the second quarter while tripling its stake in the iShares Staked Ethereum Trust ETF.
OFAC Sanctions Firms Over Iran Strait Insurance Scheme
The US Treasury sanctioned two firms over an alleged IRGC-backed insurance scheme in the Strait of Hormuz. Authorities cited Bitcoin payments and designated eight tankers as blocked property.
Open USD Expands Stablecoin Competition With Consortium Model
Open USD launches with more than 140 partners and a reserve revenue-sharing model. The move intensifies competition in a stablecoin market exceeding 300 billion USD in supply.
Circle Receives US Bank Charter as CEO Signals Stablecoin Shift
Circle has received final OCC approval for a US bank charter. CEO Jeremy Allaire says stablecoins are evolving from trading tools into regulated digital cash.
SWIFT launches blockchain ledger with 17-bank pilot
SWIFT has moved its blockchain-based shared ledger into live deployment with 17 banks preparing tokenized deposit pilots. Final settlement still runs through traditional correspondent banking rails.
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US Judge Approves $1.5M SEC Settlement With Elon Musk
A federal judge approved Elon Musk’s $1.5 million settlement with the SEC over delayed disclosure of his Twitter stake. The case is now formally closed.