Trend Digest – Your Reliable Guide to Cryptocurrency News
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Circle has acquired Hashnote, a leading issuer of tokenized RWAs, including the $1.3 billion USYC. Circle plans to integrate USYC into USDC, enabling convertibility between cash and yield-bearing assets. The company has also teamed up with Cumberland to boost liquidity and streamline settlements for USDC and USYC. Circle announced today the acquisition of Hashnote and…
Abstract, a consumer blockchain by Igloo Inc., went live on January 27. The protocol is built to simplify blockchain interactions for mainstream users. It already supports over 100 applications, with 400 more in development. It is designed to everage ZK Stack by ZKsync and Celestia for scalability and security. On Monday, January 27, the crypto…
Trump’s social media post triggered a brief surge in the FAFO Barron token, which later lost 91% of its value. The FAFO Barron token’s market cap dropped to $10,000, raising concerns about potential rug-pull schemes on Pump.fun. Hackers used Visa’s Facebook account to promote a fraudulent Solana token, $VISA, which quickly collapsed after exposure. A…
Senator Cynthia Lummis has filed an Amicus Brief for Coinbase in SEC Lawsuit. The Senator accused the SEC of overstepping its regulatory authorities. She wants the court to side with Coinbase and define the SEC’s powers. The Case Against Coinbase: Lummis Steps In Shifting SEC Stance Under a New Administration
Onyxcoin (XCN) has soared a monumental 300% in the past seven days, claiming a yearly high of $0.018 last week on Friday. XCN is predicted to print 10x gains this cycle, trading between $0.10 and $0.18 in the near future. Onyxcoin (XCN) is the native token of the Onyx Protocol, allowing holders to participate in…
Italians can offset electricity bills by owning tokenized solar panels on the Algorand blockchain. Real world asset tokenization is taking over industries, from energy to real estate worldwide. Italian green energy company Enel Group has tapped crypto wallet provider Conio in a bid to hasten its tokenization plans. Enel is hoping that this partnership will…
Trump’s executive order establishes a crypto task force and digital asset reserve, potentially bringing trillion-dollar institutional investments. Growing corporate borrowing for Bitcoin purchases and new lending programs indicate strengthening market fundamentals and demand. Traditional crash expectations may be outdated as institutional adoption and regulatory clarity reshape market dynamics and stability. For years, Bitcoin has followed…
Binance Labs has changed its identity to YZi Labs. The new entity will focus on non-blockchain native innovations spanning AI and biotech. Binance Founder Changpeng ‘CZ’ Zhao will play a top role in the new entity. Binance Labs, the venture capital arm of the cryptocurrency exchange , has changed its name to YZi Labs. According…
Jump Trading has sued Liam Heeger, its Firedancer engineer. The market maker said Heeger violated his non-compete when he created Unto Labs. Liam Heeger has denied any violation as his project has no overlap with Jump. Jump Trading, a proprietary trading firm established in 1999, has sued Liam Heeger, the founder of Unto Labs. As…
Investigation reveals systematic misrepresentation of financial stability, with DCG concealing a potential $1B loss exposure through GGC subsidiary. The settlement includes both monetary penalties and a cease-and-desist order, highlighting SEC’s broader crackdown on crypto misconduct. Case draws parallels to other major financial enforcement actions, demonstrating regulators’ commitment to market transparency. The United States Securities and…