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Solana’s Jupiter to Develop JupUSD Stablecoin with Support from Ethena Labs

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Solana-based decentralized exchange Jupiter will roll out its own stablecoin, JupUSD, by the end of the year. The coin will be native to Solana and tightly integrated with the Jupiter ecosystem, including its perpetual platform, lending markets and trading interfaces, the DEX on X shared on Wednesday. JupUSD is developed in partnership with Ethana Labs, […]

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Shayne Coplan becomes youngest self-made billionaire after Polymarket’s $2 billion investment: BBG

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Shayne Coplan, founder and CEO of blockchain-based prediction market Polymarket, has become the world’s youngest self-made billionaire, according to the Bloomberg Billionaires Index. The milestone follows Intercontinental Exchange’s (ICE) announcement on Tuesday that it plans to invest up to $2 billion in the company, at a pre-money valuation of $8 billion. ICE owns the New

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US senators receive 250,000 letters calling for protection of stable coin yields

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In response to lobbying from Wall Street banks, crypto group Stand With Crypto said it had asked its online members to message their states’ U.S. senators more than 250,000 times, fending off bankers’ attempt to block the ability to earn stablecoin rewards in the Guiding and Establishing National Innovation for American Stablecoins (GENIUS) Act. The

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Pantera Backs TransCrypts with $15M Seed Round to Expand Blockchain Identity Platform

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TransCrypts, a blockchain startup creating tools for people to own and share verified credentials, has raised a $15 million seed round led by Pantera Capital. The round included Lightspeed Faction, Alpha Edison, Motley Fool Ventures and a mix of returning investors such as Mark Cuban and Protocol Labs. The funding follows a strong summer for

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Rebound with CIFR, BITF Leading Gains; VanEck Analyst Sees $644,000 BTC

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Bitcoin BTC$123,339.22 regained some ground on Wednesday, rising to nearly $124,000 after a flush at $120,000 the day before. It was recently trading at $123,500, up 1.5% in the last 24 hours. Altcoins followed the upward trend but did not return to the levels seen earlier in the week. Ethereum ETH$4,528.23Ripple XRP$2.9041Solana GROUND$229.20, DOGE$0.2584 And

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Achieving institutional-grade security with new risk management frameworks

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The decentralized finance (DeFi) industry has undergone a remarkable security transformation, achieving a 90% reduction in operating losses since 2020 and positioning itself as a mature financial infrastructure capable of institutional adoption. Our analysis reveals that DeFi protocols have not only survived the “experimental era” but have systematically evolved into some of the most secure

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Bitcoin (BTC) Payment Tools Coming to Block Square (XYZ)

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Square, the payment services arm of Block (XYZ), has launched a new set of tools aimed at making bitcoin BTC$123,401.13 easier to use for small businesses, allowing sellers to accept crypto payments and manage their digital assets alongside traditional finances, the company announced Wednesday. The offering, called Square Bitcoin, includes three main features: Bitcoin payments,

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Bank of North Dakota to launch digital dollar with Fiserv next year

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The US state of North Dakota is joining the stablecoin trend, with the Bank of North Dakota partnering with payments infrastructure giant Fiserv (FI) to launch a US dollar-backed token for the state’s financial institutions. The token, dubbed “Roughrider Coin,” is expected to roll out next year and will run on Fiserv’s digital asset platform

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Hyperliquid lists Monad Perpetuals ahead of airdrop with nearly $13 billion valuation

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Hyperliquid, the decentralized perpetual exchange, announced on Wednesday that it has listed MON-USD hyperps, allowing traders to buy or sell the token in a pre-market phase. MON is the native token of Monad, a layer 1 blockchain designed to be fully compatible with the Ethereum Virtual Machine (EVM) – a feature that makes it easier

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