Everything web3, crypto, defi, degen
Western Union will release a stablecoin via the Solana blockchain in 2026, the company said Tuesday.The international payments firm said in a joint announcement with the Solana Foundation that the new digital token will be called USDPT and issued by Anchorage Digital Bank.”Western Union will provide users with access to digital assets, and we look…
In brief Approximately 1,000 Bitcoin mining machines stolen in Grant County, Indiana were recovered in the Chicago area. Authorities also thwarted a $75,000 frozen turkey theft during the same investigation. It comes as crypto mining continues to expand in the Midwest. Police in Indiana have recovered 1,000 Bitcoin mining machines stolen from a hijacked shipment…
In brief BlackRock CEO Larry Fink described crypto and gold as “assets of fear” at the Future Investment Initiative in Riyadh, citing investor concerns over currency debasement and financial security. IMF forecasts show the U.S. debt-to-GDP ratio will reach 143.4% by 2030, exceeding Italy and Greece for the first time this century, with deficits above…
In brief Securitize is eyeing a Nasdaq debut through an SPAC deal. The proposed merger would value Securitize at $1.25 billion. The firm is behind BlackRock’s $2.8 billion BUIDL fund. Securitize plans to go public by combining with Cantor Equity Partners II, in an SPAC deal valuing the BlackRock-backed tokenization firm at $1.25 billion, according…
October 28, 2025 | Asset Listings We’re thrilled to announce that SYND is available for trading on Kraken! Funding and trading SYND trading is live as of October 28, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
In brief Circle launched the public testnet for Arc, its Layer-1 blockchain network, with participation from over 100 companies including BlackRock, Visa, Goldman Sachs, AWS, and major crypto exchanges like Coinbase and Kraken. The blockchain is designed as an “Economic Operating System” featuring dollar-based fees, sub-second transaction finality, and optional privacy for financial applications like…
In brief In a report Monday, the Bank of Korea challenged the notion that technology alone can ensure currency stability. The central bank cited depegging risks, noting that major stablecoins like USDC fell to $0.88 during Silicon Valley Bank’s 2023 collapse. Meanwhile, South Korean companies are advancing won-pegged stablecoin pilots, including BDACS’s successful KRW1 test…
In brief Crypto exchange Gate is adopting an “All in Web3” strategy to position itself as a “full Web3 operating system,” CEO Dr. Han told Decrypt. The platform has launched a suite of products designed to form a “cohesive, secure, and high-performance Web3 stack.” Gate has added a Perp DEX, tokenized stocks, on-chain token launchpad…
In brief China’s central bank will continue cracking down on domestic crypto operations while monitoring overseas stablecoin developments. PBOC Governor Pan warned stablecoins “can’t meet the basic requirements like customer identification and anti-money laundering.” Meanwhile, Japan rolled out JPYC, the first yen-backed stablecoin, and South Korea launched KRW1, its first regulated won-backed token. China will…
In brief Yuga Labs is launching the Koda Nexus, a social and interactive hub in its Otherside metaverse, on November 12. The firm is also teaming with Amazon Gaming to launch a co-branded NFT avatar that can explore the metaverse. The Otherside has been in development since 2022 after Yuga Labs sold tokenized plots of…
