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SoftBank Group company PayPay, one of Japan’s largest digital payment apps, has acquired a 40% equity stake in Binance Japan as part of a new strategic partnership aimed at blending cashless payments with access to cryptocurrencies.The move brings together PayPay’s 70 million users and its widespread merchant network with Binance’s blockchain infrastructure, integrating PayPay Money, a smartphone-based digital wallet, into Binance Japan to allow users to buy crypto and withdraw funds through the wallet.The companies, plan to co-develop products that will allow users to seamlessly buy, sell, and store digital assets, according to an announcement.”This strategic alliance represents a significant…
The new token will eventually replace $750 million worth of stablecoins in Jupiter’s liquidity pool.Ethena Labs has partnered with Jupiter – the top decentralized exchange (DEX) aggregator on the Solana blockchain with a total value locked (TVL) of $3.58 billion – to launch JupUSD, a new stablecoin built on Solana, the company said Wednesday.According to Ethena, JupUSD was developed using its “Stablecoin-as-a-Service” platform and will be used across all major parts of the Jupiter ecosystem. That includes Jupiter Perps, where about $750 million in stablecoins in the platform’s JLP pool will gradually be replaced by JupUSD, and Jupiter Lend, where…
YZi Labs, a leading global investment management firm, announced the launch of a $1 billion Builder Fund. This substantial commitment provides extensive funding and support, specifically targeting Web3 founders developing within the BNB ecosystem. The firm uses the BNB Chain’s advanced infrastructure as a core platform for digital innovation.YZi Labs Launches $1 Billion Builder Fund to Accelerate BNB Ecosystem.Strategy for Ecosystem GrowthThe fund identifies and backs long-term founders building high-utility projects across key sectors. These critical areas include DeFi, RWA, AI, DeSci, Payments, and Wallets.By injecting capital on this unprecedented scale, YZi Labs offers a powerful resource for developers. Founders…
Hayes says traders misread past Bitcoin cycles by not taking into consideration macro drivers like USD and yuan credit shifts. Arthur Hayes, one of the founders of BitMEX, says that Bitcoin’s usual four-year price cycle is no longer useful. According to him, the current bull market could last much longer because of loose monetary policy. His opinion goes against long-held beliefs in crypto markets and changes the story from mechanical timing to macro-driven momentum. Hayes Fires the Four-Year Cycle Myth: Liquid Money Is King In a new essay titled “Long Live the King!” published recently on his Substack, Hayes…
Bitcoin BTC$121,873.52 is unlikely to enter a bear market in the coming months as supportive monetary conditions are expected to prevail, effectively rendering the traditional four-year halving cycle obsolete, according to Arthur Hayes, chief investment officer and co-founder of Maelstrom.In an essay titled “Long Live the King!” published Thursday, Arthur Hayes argued that the primary catalyst behind previous bitcoin bear markets in 2014, 2018, and 2022 was monetary tightening in major economies, not the four-year halving cycle. On each of these occasions, bitcoin’s price plunged by 70% to 80% from its bull market peak.CoinDesk made a similar point in 2023,…
Uganda has launched a central bank digital currency (CBDC) pilot as part of a broader tokenization effort across the African nation, while its neighbor Kenya is on the verge of enacting a crypto regulation bill. Blockchain financial infrastructure company the Global Settlement Network (GSN) has partnered with Ugandan developer Diacente Group in an initiative to tokenize $5.5 billion of real-world assets, which also includes a CBDC pilot, the companies announced on Wednesday. It comes as Kenya’s virtual asset service providers (VASP) bill passed through the country’s parliament on Tuesday and now awaits President William Ruto’s signature to become law. Kenya’s VASP bill passed…
Whales sold 440M XRP in 30 days as price drops near $2.80. Analysts say this support level is critical for short-term market direction. Recent data shows a sharp reduction in large XRP holdings. Over the past month, wallets holding between 1 million and 10 million XRP offloaded 440 million tokens. This drop is gaining attention as XRP hovers near a key price level. Large Holders Reduce Exposure In the last 30 days, whales holding between 1 million and 10 million XRP reduced their collective balance from around 6.95 billion to 6.51 billion XRP. This change was shared by analyst…
The Ethereum Foundation is making privacy a formal pillar of its roadmap, expanding research efforts into a dedicated cluster that now covers private payments, proofs, identity, and enterprise use cases.Ethereum has supported privacy research through its Privacy and Scaling Explorations (PSE) team since 2018, with experiments like Semaphore for anonymous signaling, MACI for private voting, zkEmail and zkTLS, and the Anon Aadhaar project.These have become reference points for developers across the ecosystem, spawning hundreds of forks and integrations.The new “privacy cluster,” coordinated by Igor Barinov, brings these experiments under a single umbrella alongside new initiatives, per a Wednesday blog post.Those…
Key takeaways:XRP eliminates pre-funding and speeds up cross-border remittances, making it useful in emerging markets.Loyalty and travel programs are bringing XRP into daily life, turning it from an investment asset into a practical payment option.Institutions like SBI and Santander add credibility by holding XRP reserves and exploring settlement use cases.With the SEC case resolved and global clarity growing, XRP now has the legal certainty and network reach to expand adoption.XRP (XRP), the native digital asset of the XRP Ledger (XRPL), has often been discussed in terms of speculative gains or losses. But its significance goes deeper once you factor in…
CleanCore currently holds 710M DOGE worth about $174M after recent purchases. The company targets 1B DOGE using a disciplined treasury strategy. Partnership with Bitstamp by Robinhood ensures transparency and security. CleanCore Solutions, Inc. (NYSE American: ZONE) has revealed that it has added over 710 million Dogecoin to its official corporate treasury. The company’s growing digital asset reserve marks a significant step toward its ambitious target of holding 1 billion Dogecoin. With this latest accumulation, CleanCore’s holdings are valued at approximately $173.9 million, based on Dogecoin’s current price of around $0.2455. According to the company’s statement, the accumulation has been supported…