Why Is Bullish Financing GPU-Backed Loans? Crypto platform Bullish is extending a $100 million debt facility to USD.AI, putting onchain capital behind loans secured by the graphics processing units that power artificial intelligence infrastructure.The financing gives USD.AI additional liquidity to originate loans against GPUs and other high-performance computing equipment. Rather than requiring borrowers to pledge
How Will Bybit’s New Perpetual Options Work? Bybit is preparing to launch options tied to stock perpetual contracts, extending the crypto derivatives model further into markets traditionally dominated by equity brokers and regulated options exchanges.Beginning Sept. 17 at 8 p.m. UTC, users will be able to trade options linked to Nvidia and SpaceX perpetuals under
Why Is SBI Investing $270 Million In Ajaib? SBI Holdings plans to acquire a $270 million stake in Indonesian online brokerage Ajaib Group before the end of August, extending the Japanese financial group’s push to build a regulated digital asset network across Southeast Asia.The investment gives SBI a foothold in one of the region’s largest
What Would California’s Memecoin Bill Ban? California lawmakers have unanimously passed legislation restricting crypto platforms from offering memecoins tied to public officials, targeting potential conflicts of interest and what lawmakers describe as “pay-to-play arrangements.”The state Senate approved Assembly Bill 2409 in a 40-0 vote on Wednesday, followed by a 78-0 Assembly vote concurring with Senate
Ethereum (ETH) has rallied to about $2,500, its highest level since January, climbing roughly 29% off its August low on a violent short squeeze and the strongest run of ETF inflows the token has seen all year, per on-chain data. The move cleared $2,000, $2,200, and $2,400 in under a week and reclaimed levels ETH
Perpetual futures tracking SanDisk shares reached a record 62.4% of the underlying stock’s U.S. spot-market turnover on August 19, highlighting the rapidly expanding role of crypto-style derivatives in trading traditional equities. Aggregate SNDK perpetual volume across 32 monitored venues reached approximately $16.291 billion during the session, according to WuBlockchain Data’s tokenized-equities dashboard.SanDisk shares simultaneously generated
Mastercard’s decision to support stablecoin settlement on the XRP Ledger has been presented as a significant institutional win for Ripple’s blockchain. But the broader announcement reveals a more complicated picture: XRPL is one of eight networks Mastercard plans to support.Mastercard announced in June that regulated stablecoins could be used for on-chain settlement across Arbitrum, Base,
U.S.-listed cryptocurrency ETFs recorded another broad session of inflows on August 27, with Bitcoin and Ether funds extending their positive streaks to nine consecutive trading days and demand for Solana rebounding sharply.Spot Bitcoin ETFs generated $242.3 million of net inflows, according to Farside Investors, slightly above the $232.2 million recorded on August 26. BlackRock’s IBIT again
Hardware wallet maker OneKey says its security researchers successfully reproduced a transaction-replacement attack against Ledger, demonstrating a vulnerability that could cause a device to sign a different Ethereum transaction from the one displayed to its owner.OneKey founder and CEO Yishi Wang disclosed the laboratory test on August 27, saying the company’s Anzen security team successfully
Ethena has moved to eliminate a major source of potential ENA selling pressure, buying remaining locked tokens from large seed investors that sold the cryptocurrency during the past nine months as part of a broader restructuring of the protocol’s token economics. The Ethena Foundation announced four changes on August 27 covering early-investor holdings, token and