Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans
Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPUbacked loans for artificial intelligence infrastructure.…
ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA…
BitGo buys NYDIG trading arm to deepen institutional crypto push
BitGo completed its acquisition of NYDIG’s institutional trading business, adding about 30 employees and expanding its derivatives and financing capabilities.…
OneKey reproduces transaction replacement attack on outdated Ledger Ethereum app
OneKey said it reproduced an exploit against an older version of the Ledger app in its lab environment, which Ledger fixed in its Ethereum app 1.22.2, with no…
Visa works with Upbit parent on stablecoin payments, AI commerce
Visa and Dunamu will explore stablecoin payments and remittances, with Open Standard’s proposed OUSD among several projects under review. Source：Cointelegraph
The Sandbox pledges 1:1 repayment after $700K bridge exploit
Eligible holders on Base and BNB Chain will receive Ethereumbased SAND from the project’s treasury, with claims expected to open within two weeks.…
Abu Dhabi royal backs 49% stake in Trump-linked crypto bank venture: WSJ
Sheikh Tahnoon’s group reportedly backs a 49% stake in the holding company behind World Liberty’s conditionally approved US trust bank. Source：Cointelegraph
Virtu, Tradeweb complete onchain repo using Marshall Islands digital bond
The transaction used the Marshall Islandsissued USDM1 bond as collateral and completed the full repo cycle on the Canton Network in under 10 minutes.…
Trump cost investors $4.7B through crypto ‘schemes’: Public Citizen
While investors in World Liberty Financial‘s USD1 stablecoin “haven’t suffered major losses,” many lost billions of dollars in other Trump ventures, according…
Mirae Asset lays out crypto, stablecoin, tokenization plans for Digital X
The South Korean financial group plans to build a $109 billion digital asset business spanning crypto, stablecoins and tokenized assets, according to The Korea…
Grayscale says Zcash can challenge Bitcoin’s network effects as privacy demand grows
ZEC has climbed roughly 19fold in a year, yet Grayscale says its sub1% share of Bitcoin’s market cap leaves room for further upside. Source：Cointelegraph
Bitcoin eyes $81K as Nvidia earnings beat boosts risk assets
Bitcoin and crypto joined US stock markets in fresh gains after Nvidia Q2 earnings beat expectations by around $4 billion. Source：Cointelegraph