Archives: Fast News

  • Hedera drops 1.8%, weighing on CoinDesk 20 index

    Hedera (HBAR) declined 1.8% in the latest trading session, emerging as the weakest performer in the CoinDesk 20 index. The pullback reflects broader consolidation pressure across the tracked asset basket.

  • Bitcoin trades at $70,173

    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.

  • UK regulator expected to approve Revolut banking licence this week

    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.

  • USDC and cross-chain transfer protocol now live on Morph network

    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.

  • Public company Strive acquires 179 more BTC, total holdings reach 13,311 bitcoin

    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 exchange integrates Chainlink for cross-chain infrastructure

    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 launches crypto partner program with 85 companies

    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.

  • Bipartisan Senate deal on stablecoin yield could break CLARITY Act deadlock

    A bipartisan Senate proposal on stablecoin yield regulations has emerged as a potential path forward in breaking the legislative deadlock surrounding the CLARITY Act. The deal addresses how stablecoin issuers can offer yield on their products while maintaining regulatory compliance. The proposed framework could reshape how digital asset protocols operate in the United States, with particular implications for tokens used in payment and settlement functions.

  • Ledger reveals vulnerability in MediaTek chips that can quickly steal mnemonic phrases from Android hot wallets

    Ledger announced a serious vulnerability in the MediaTek Dimensity 7300 chip.

    This flaw allows attackers who physically access the affected Android devices to quickly steal hot wallet seed phrases.

    The risk is applicable to Android smartphones that use the vulnerable MediaTek chip.

  • RWA transfers on XRP Ledger surge by 1,282% in one month

    In the last month, XRP Ledger recorded a remarkable 139.85 million USD in RWA transfers, reflecting a 1,282% increase. This surge showcases the growing recognition of XRP Ledger for handling tokenized assets within the financial sector.

    The majority of RWA activity comes from a small group of 22 large holders, predominantly institutional players. Concerns arise regarding potential impacts on the network should these major holders alter their actions, emphasizing the need for vigilance.