USD1 Stablecoin Surpasses $60B Trading Volume on Binance
Summary: The USD1 stablecoin, launched by World Liberty Financial in March 2025, has exceeded $60 billion in cumulative trading volume on Binance.
Latest News
Bank of England Mandates Four Banks for Second 2026 FX Reserve Bond
Summary: The Bank of England has appointed four joint lead managers to issue a benchmark five-year US dollar bond as its second financing operation for foreign exchange reserves in 2026.
Bank of England Secures New Leeds Office to Expand Regional Presence
Summary: The Bank of England has secured long-term premises at Capitol House in Leeds, replacing its current Yorkshire House base to support nearly 300 staff and deepen regional economic engagement.
ECB Launches Pontes for Tokenized Asset Settlement in Central Bank Money
Summary: The European Central Bank launched Pontes, a system enabling financial institutions to settle wholesale tokenized asset transactions using central bank money as an alternative to stablecoins.
Bitcoin hits eight-month high above $85K as ETF inflows surge
Summary: Bitcoin surged past $85,000 to an eight-month high, driven by significant US spot ETF inflows and regulatory policy moves despite broader market volatility.
ECB to invest own funds in tokenised securities via Pontes
Summary: The European Central Bank has begun preparatory work to invest a portion of its non-monetary policy portfolio in tokenised securities, settling transactions through the new Pontes infrastructure.
ZetaChain holders approve L1 wind-down and ZETA migration to Solana
Summary: ZetaChain governance passed proposal 68 with 99.4% support, authorizing the shutdown of its layer-1 blockchain and a 1:1 conversion of ZETA into an SPL token on Solana.
Hana Bank Issues $100M Digital Bond on Euroclear Blockchain
Summary: South Korea’s Hana Bank issued a five-year, $100 million digital bond using Euroclear’s blockchain infrastructure, marking the first such issuance in the country to directly utilize this platform.
Bitcoin Closes Above 50-Week Moving Average for First Time in Over 10 Months
Summary: Bitcoin closed the week at $81,159 on Coinbase, surpassing its 50-week moving average of $78,788 for the first time since November 2025.
North Korean WaterPlum group steals $10.7M via fake crypto recruiter malware
Summary: A joint advisory reveals that the North Korean hacking group WaterPlum infected 30,000 devices and stole $10.7 million by impersonating recruiters for legitimate AI and cryptocurrency firms.
Visa Closes Meme Coin Credit Card Rewards Loophole
Summary: Visa is closing a loophole allowing meme coin purchases to earn credit card rewards by misclassifying them as digital media, following a challenge from Chase.
Bitcoin Outperforms Altcoins by 102 Points Over Two Years
Summary: A Glassnode and Bybit report reveals Bitcoin gained 28% while the median mid-cap altcoin lost 74% over two years, reversing traditional market rotation patterns.
Coinbase Policy Chief Shirzad Details Clarity Act Failure and SEC Pivot
Summary: Coinbase Chief Policy Officer Faryar Shirzad attributes the failed cloture vote on the Clarity Act to a $200 million bank campaign and timing issues, signaling a regulatory shift toward agency action.
T. Rowe Price’s Macellari Links Bitcoin to Debasement Trade
Summary: Blue Macellari, head of T. Rowe Price’s digital assets business, argues that institutional interest in Bitcoin is increasingly driven by concerns over currency debasement and fiscal sustainability.
SALT Lending Exec Links Gen Z Housing Gap to Bitcoin Wealth Strategy
Summary: Hunter Albright of SALT Lending argues that Gen Z's minimal share of the new home market is shifting wealth-building strategies toward Bitcoin collateral.
Miller Value Partners CEO Cites Fiscal Deficits for Bitcoin Bullishness
Summary: Miller Value Partners CEO Bill Miller IV argues that worsening global fiscal deficits have widened the gap between Bitcoin's current price and its fair value.
Strategy CEO Le Targets 'JPMorgan of Bitcoin' Role
Summary: Strategy CEO Phong Le stated the company aims to become the "JPMorgan of Bitcoin" by providing liquidity and market-making for a digital asset economy.
Anthropic appoints Accenture as first embedded AI evaluator
Summary: Anthropic selected Accenture as its initial embedded evaluator to implement CEO Dario Amodei’s proposal for slowing AI development through independent oversight.
Bitcoin August Rally Driven by Short Liquidations, Not New Longs
Summary: A joint Glassnode-Bybit report reveals Bitcoin's 24.6% August surge was driven by short liquidations, with open interest falling 12.6% as bears were forced out.
Grayscale Splits Zcash ETF Shares to Lower Price
Summary: Grayscale will execute a 3-for-1 forward share split for its Zcash ETF, aiming to lower the per-share price and improve accessibility for retail investors.