Across Protocol plans to convert into a C-corporation. This change, aimed at addressing institutional demand, will allow ACX holders to either exchange their tokens for equity or redeem them for USDC.
The existing DAO structure managed by Risk Labs has facilitated over 35 billion USD in volume. The team believes the new structure will support better partnerships and sustainable growth.
Indian authorities have arrested the co-founder of Darwin Labs as part of an investigation into the GainBitcoin fraud scheme. Investigators report the case involves approximately 8,000 investors with estimated losses around 6,606 crore rupees, equivalent to roughly $790 million.
Gold prices dropped $44 per ounce while silver fell $2.80 per ounce in recent trading. The declines occurred despite ongoing global uncertainties that typically support demand for precious metals as safe-haven assets. Analysts continue to monitor macroeconomic conditions and central bank policies that influence commodity valuations.
Bitcoin is currently trading at $70,173.91 USD, showing continued movement in the BTC/USD pair. The digital asset remains a key benchmark for the broader cryptocurrency market.
England’s Prudential Regulation Authority, which oversees lenders, is expected to grant Revolut a banking licence as soon as this week, according to Financial Times. The approval would mark a significant milestone for the fintech company’s expansion into regulated banking services in the UK market.
Circle’s USDC stablecoin and cross-chain transfer protocol (CCTP) are now integrated with Morph, enabling developers and traders to access the regulated digital dollar for payments, DeFi trading, and lending with 24/7 settlement. Users can move USDC seamlessly between Morph and other supported blockchains through CCTP. The integration expands USDC’s native support to 32 blockchains total, with cross-chain functionality across 21 networks. Early adopters on Morph include Bitget, BulbaSwap, and Stargate Finance.
Strive, a publicly traded company, has purchased an additional 179 BTC, bringing its total bitcoin holdings to 13,311 coins. The acquisition reflects ongoing institutional interest in accumulating Bitcoin as part of corporate treasury strategies. At current market prices around $70,173, Strive’s holdings represent a significant Bitcoin position among public companies.
EdgeX, a perpetual futures DEX processing billions in daily trading volume, has adopted Chainlink as its canonical cross-chain infrastructure. The EDGE token is now a Chainlink Cross-Chain Token (CCT), enabling Chainlink CCIP to power asset transfers across the EdgeX ecosystem. This integration covers all assets bridged for spot listings on the platform.
Mastercard has launched a Crypto Partner Program aimed at developing cross-border payment solutions, B2B payments, and global payouts with 85 cryptocurrency companies. The initiative brings together major players in the crypto and payments space to create infrastructure for institutional and enterprise use cases. The program reflects continued efforts by traditional payment networks to integrate blockchain technology into their existing financial services.