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Wyoming's Stablecoin FRNT Switches Gears: Drops LayerZero for Chainlink CCIP, Adds Reserve Verification
Blockchain

Wyoming's Stablecoin FRNT Switches Gears: Drops LayerZero for Chainlink CCIP, Adds Reserve Verification

After completing a security review last month, the Wyoming Stable Token Commission migrated FRNT's cross-chain infrastructure from LayerZero to Chainlink CCIP, while expanding its partnership to bring on-chain reserve verification into the mix.

Hyperscale Data Stock Hits All-Time Low as Michigan Mining Site Pivots to AI in Deal Worth Up to $1.2B
Blockchain

Hyperscale Data Stock Hits All-Time Low as Michigan Mining Site Pivots to AI in Deal Worth Up to $1.2B

As Hyperscale Data's stock plunges to a record low, the company has announced it's converting its Michigan Bitcoin mining site to AI use—a deal that could exceed $1.2 billion, with expansion options potentially pushing the total past $3 billion.

XRP Logo Lands on Ben Hill Griffin Stadium as Ripple Expands College Sports Footprint
Blockchain

XRP Logo Lands on Ben Hill Griffin Stadium as Ripple Expands College Sports Footprint

Ripple has struck a partnership with Florida Athletics that puts the XRP logo right on the football field turf, while also extending its presence to the school's digital platforms and live events.

FUTUREMODE 2026 Taiwan Future Festival Opens at Yuanshan, AMD and Google Cloud Join Three-Day Event
Blockchain

FUTUREMODE 2026 Taiwan Future Festival Opens at Yuanshan, AMD and Google Cloud Join Three-Day Event

Upgraded from Taipei Blockchain Week, FUTUREMODE 2026 kicks off a three-day event at the Expo Dome in Yuanshan, combining forums, hackathons, and cross-disciplinary experiences, with brands like AMD, Google Cloud, and OpenAI all in attendance.

Arbitrum DAO earned US$6.2 million in the first half of the year, and Robinhood Chain’s first-month licensing fee accounted for 35%
Blockchain

Arbitrum DAO earned US$6.2 million in the first half of the year, and Robinhood Chain’s first-month licensing fee accounted for 35%

Arbitrum DAO announced its first-half revenue report, totaling US$6.2 million; July was the first month Robinhood Chain was launched on the mainnet, and the licensing fee for that month accounted for 35% of DAO revenue.

Securitize partners with Socios to launch professional sports equity tokenization, becoming the first European regulatory sandbox project
Blockchain

Securitize partners with Socios to launch professional sports equity tokenization, becoming the first European regulatory sandbox project

Security token platform Securitize has partnered with fan token company Socios to tokenize equity in professional sports teams, marking Securitize’s first project under the fully authorized European Transaction Settlement System under the EU DLT Pilot Regime.

World open source ProveKit, a zero-knowledge identity proof tool that has been in operation since April
Blockchain

World open source ProveKit, a zero-knowledge identity proof tool that has been in operation since April

World has open sourced the zero-knowledge identity proof tool ProveKit. This tool has been used in World ID as early as April this year, and the code has only been made public now.

New Jersey asks Supreme Court to rule on who should regulate sports betting on prediction markets
Blockchain

New Jersey asks Supreme Court to rule on who should regulate sports betting on prediction markets

The state of New Jersey has formally filed a request with the U.S. Supreme Court, hoping to clarify who should regulate sports betting through prediction markets. The request focuses on the regulatory authority itself.

The stock price of a company that sells shiitake mushrooms shot up 350% and then fell back in seconds. FAMI became a meme stock.
Blockchain

The stock price of a company that sells shiitake mushrooms shot up 350% and then fell back in seconds. FAMI became a meme stock.

The share price of the Nasdaq microcap Farmmi (FAMI) once soared 350% and then quickly fell back. More than 720 million shares were traded in a single day, nearly 90 times the normal daily average. A company selling shiitake mushrooms went out of the meme stock script.

CFTC applies to dismiss CME lawsuit: calling crypto perpetual futures dispute a "big fuss"
Blockchain

CFTC applies to dismiss CME lawsuit: calling crypto perpetual futures dispute a "big fuss"

The U.S. Commodity Futures Trading Commission (CFTC) filed a motion to dismiss a lawsuit filed by the Chicago Mercantile Exchange (CME) over cryptocurrency perpetual futures, arguing that CME lacked standing to sue for competitive harm.

Same surname but not relative: Anthony Armstrong, former chief financial officer of xAI, joins Coinbase board of directors
Blockchain

Same surname but not relative: Anthony Armstrong, former chief financial officer of xAI, joins Coinbase board of directors

Anthony Armstrong, who has served as chief financial officer of xAI, X.AI Corp. and X Corp., has joined the Coinbase board of directors. He has the same surname as Coinbase CEO Brian Armstrong but is not related.

A Michigan court issued a formal injunction, and Kalshi was fined US$500,000 per day for illegally opening a sports prediction market.
Blockchain

A Michigan court issued a formal injunction, and Kalshi was fined US$500,000 per day for illegally opening a sports prediction market.

The Michigan court converted the temporary restraining order issued against Kalshi in June this year into a formal injunction, requiring the continued blocking of sports-related prediction market contracts, and violators were fined US$500,000 per day.

Bitcoin gold correlation hits six-year high, Glassnode doubts about US stock decoupling
Blockchain

Bitcoin gold correlation hits six-year high, Glassnode doubts about US stock decoupling

The prices of Bitcoin and gold have reached six-year highs in tandem, but analysis platform Glassnode reminds that this trend of decoupling from U.S. stocks has occurred in the past, and ultimately did not last long.

SoFi joins hands with Payward, bank settlement network officially connected to Kraken digital asset infrastructure
Blockchain

SoFi joins hands with Payward, bank settlement network officially connected to Kraken digital asset infrastructure

Financial technology company SoFi Technologies has reached a cooperation with Kraken's parent company Payward to connect the two parties' bank settlement networks and digital asset infrastructure online, but the specific timetable and service scope have not yet been announced.

Diameter Pay, a new stablecoin payment startup, completes US$10 million in Series A funding
Blockchain

Diameter Pay, a new stablecoin payment startup, completes US$10 million in Series A funding

Diameter Pay, a new startup focusing on stablecoin payment infrastructure, completed a $10 million Series A round of financing, co-led by crypto venture capital CMT Digital and Lightspeed Faction.

Strive’s stock price is close to the warrant execution price, and the CEO declares that it will become the second largest Bitcoin holding in 2026
Blockchain

Strive’s stock price is close to the warrant execution price, and the CEO declares that it will become the second largest Bitcoin holding in 2026

Strive's stock code ASST hit a new high of $26.84 this year on Thursday, less than 1% away from the company's warrant execution price. The CEO also predicted that the company has the opportunity to become the second largest Bitcoin holding listed company in the US stock market by the end of 2026.

Revolut says it has received conditional approval from the U.S. OCC and is one step closer to establishing a bank in the U.S.
Blockchain

Revolut says it has received conditional approval from the U.S. OCC and is one step closer to establishing a bank in the U.S.

Revolut said it has obtained preliminary approval from the OCC, a key U.S. banking regulator, describing this as an important step toward establishing a bank in the United States. The specific conditions and timetable have not been made public.

Bitcoin returns to US$80,000, Zcash leads the rally, the total market value of the crypto market reaches US$2.82 trillion
Blockchain

Bitcoin returns to US$80,000, Zcash leads the rally, the total market value of the crypto market reaches US$2.82 trillion

Bitcoin reached the US$80,000 mark, driving the total market value of cryptocurrencies to US$2.82 trillion. The privacy coin Zcash performed most prominently in this wave of gains. Related stocks such as Strategy rose simultaneously, but the market still has different views on the path of the Federal Reserve's interest rates.

Coinbase applied to the SEC to list stock perpetual contracts, aiming to provide round-the-clock trading
Blockchain

Coinbase applied to the SEC to list stock perpetual contracts, aiming to provide round-the-clock trading

Coinbase, the largest cryptocurrency exchange in the United States, seeks approval from the U.S. Securities and Exchange Commission (SEC) to list stock-based perpetual contract products that can be traded 24 hours a day.

StarkWare Completes First Quantum-Resistant Bitcoin Transaction—But Admits It's Not Enough
Blockchain

StarkWare Completes First Quantum-Resistant Bitcoin Transaction—But Admits It's Not Enough

StarkWare announced the successful execution of the first Bitcoin transaction featuring quantum-resistant properties, while stating that a protocol-level upgrade is still needed for the Bitcoin network to be truly safe from the threat of quantum computing.

Dunamu and Visa form alliance for stablecoin and AI business, OUSD included in potential cooperation options
Blockchain

Dunamu and Visa form alliance for stablecoin and AI business, OUSD included in potential cooperation options

Dunamu and Visa announced their cooperation in the fields of stable currency and artificial intelligence, and stated that they may evaluate the use of Open USD (OUSD) in the future. Details have not been further disclosed.

240 people in the UK declared crypto capital gains exceeding one million pounds, HMRC tax tracing fully upgraded
Blockchain

240 people in the UK declared crypto capital gains exceeding one million pounds, HMRC tax tracing fully upgraded

The latest data from HMRC shows that 240 people each declared more than £1 million in cryptocurrency capital gains in the 2024-25 tax year. At the same time, the number of warning letters has surged by 25% in a year, and the tax investigation network is tightening.

Circle puts USDC on the front of Chelsea’s jersey, and the stablecoin grabs the most expensive advertising space in football
Blockchain

Circle puts USDC on the front of Chelsea’s jersey, and the stablecoin grabs the most expensive advertising space in football

Circle has reached a front-of-shirt sponsorship agreement with Premier League club Chelsea. The USDC logo will appear on the men's, women's and youth team jerseys, which will take effect this season.

Fogo mainnet was hacked and called out of service: the attacker took away 400 million tokens, accounting for 10% of the circulating supply
Blockchain

Fogo mainnet was hacked and called out of service: the attacker took away 400 million tokens, accounting for 10% of the circulating supply

Layer 1 public chain Fogo urgently suspended its mainnet after an attacker obtained 400 million FOGO tokens. This batch of tokens accounted for approximately 10% of the circulating supply and 4% of the genesis supply. The market value at the time of the incident was approximately US$3 million.