Restaking loses steam as Ether.fi abandons EigenLayer and pivots to crypto neobanking
Ether.fi will detach from EigenLayer this quarter, ending its restaking activities after profits fell sharply and a major bridge hack exposed systemic risks.
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Coinbase Enables Citi’s Institutional Clients to Accept and Convert Stablecoins
Coinbase now powers Citi’s Spring platform, letting firms receive stablecoin payments and automatically turn fiat deposits into digital assets.
Goldman Sachs routes $100 bn Treasury fund through Lynq for crypto institutions
Goldman Sachs’ $100 billion Treasury fund, FTIXX, is now available to digital-asset firms via the Lynq settlement network.
Quant chosen to power tokenized deposit network for US clearing house
The Clearing House has selected Quant to provide the software layer for a future tokenized-deposit system, but the need for its QNT token remains unclear.
Bybit Enables Institutional Use of Franklin Templeton Tokenized Money-Market Shares as Collateral
Bybit now lets eligible clients pledge tokenized Franklin Templeton fund shares for USDT or USDC-denominated credit lines, keeping the assets off-exchange.
Bitget Restores Bitcoin Withdrawals After $387 Million Hack, Ethereum and USDT Still Delayed
Bitget has reopened Bitcoin withdrawals following a massive security breach, while Ethereum and USDT withdrawals remain on hold.
Citi and Coinbase Join Forces to Streamline Stablecoin Payments for Enterprises
Citi and Coinbase are creating a joint platform that lets corporate clients move between fiat and stablecoins without separate systems.
Anthropic launches Claude Sonnet 5.5 with faster speed and half-price coding performance
5 model offers a 30% speed boost and lower token usage, outpacing competitors on coding tests while staying at the same price point.
NEAR Intents Stops $50 Million of Bitget Hack Funds, Signals New Stance on Illicit Transfers
NEAR Intents halted more than $50 million linked to the Bitget breach and rejected a bounty to return the assets.
Blockchain.com targets up to $6 billion valuation in $500 million IPO amid crypto market rebound
Blockchain.com aims to raise about $500 million through an IPO that would value the firm at $4-$6 billion as crypto capital markets warm.
Citi and Coinbase Enable Seamless Stablecoin Payments for Institutional Clients
Citi’s institutional customers can now accept stablecoin payments through Coinbase, which handles conversion to fiat and settlement.
Bitget Withdrawals Resume as Thousands of Bitcoin Leave Reserves Amid Laundering Probe
Bitget’s withdrawals restarted after a major hack, with thousands of Bitcoin leaving its reserves as investigators trace the stolen funds across chains.
RedotPay completes audits and reaffirms U.S. IPO ambitions
Hong Kong-based stablecoin payments firm RedotPay finished required financial and compliance audits while insisting its U.S. IPO remains on schedule.
BIX aims to bring its crypto-linked Visa card to nearly all U.S. states within the year
BIX plans to extend its stablecoin-backed Visa card from 29 to 49 states in the next six to eight months, pending regulatory clearances.
Riot Platforms Clears $200 Million Credit Line, Unlocks Collateral and Expands AI-Focused Data Centers
Riot Platforms has fully repaid its $200 million Coinbase Credit loan, freeing pledged assets and continuing to grow its Texas data-center operations.
Prediction Platforms Turn Fan Passion into Tradeable Stakes
New celebrity deals and sports tie-ins are pushing prediction markets into mainstream entertainment while reshaping their revenue model.
Visa’s stable-coin metrics shift after address-label overhaul
A Visa data refresh re-classified millions of addresses, slashing adjusted stablecoin volume while transaction counts barely moved.
Bitget suspends XRP withdrawals amid ongoing investigation of stolen tokens
Bitget has kept XRP withdrawals blocked while tracking the movement of roughly 103 million stolen tokens toward cross-chain swaps.
ARK and Securitize launch Ethereum-based token shares of ARK Venture Fund
ARK Invest and Securitize have issued tokenized interests in the ARK Venture Fund on Ethereum, but investors still face limited liquidity options.
X sues Bitcoin content network over creator-payment abuse, seeks £207,000 in damages
X has filed a lawsuit to recover more than £207,000 from a group accused of coordinating Bitcoin posts to exploit its creator-payment scheme.