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Crypto exchange Kraken and tokenization platform Backed have announced a new partnership with BNB Chain to expand the reach of xStocks — tokenized versions of U.S. equities. xStocks are coming to @BNBCHAIN. Tokenized equities, now multichain https://t.co/mMmSItIPNq — Kraken Exchange (@krakenfx) July 9, 2025 In a blog post, Kraken explains this latest move allows on-chain…

Aave ($AAVE) climbed 5.8% in 24 hours, testing $300 as DeFi’s top protocol with $26.47 billion locked. Now, a bullish pennant formation signals a potential push toward $325, if buyers hold key support. With institutional interest growing and liquidity at record highs, Aave’s momentum could breach $300 resistance. Traders watch for the next confirmation. A…

Ripple has appointed the Bank of New York Mellon Corporation (BNY Mellon) as the primary custodian for its enterprise-grade stablecoin, Ripple USD (RLUSD). Ripple has selected @BNYglobal as the primary reserves custodian for $RLUSD, an enterprise-grade stablecoin built for real-world utility, supported by one of the largest and most trusted financial services companies in the…

Emirates Airlines has partnered with Crypto.com to explore cryptocurrency payment solutions across Dubai’s travel ecosystem. Dubai Duty Free has signed a Memorandum of Understanding with the global crypto exchange to enable digital asset payments in both physical stores and online platforms, targeting millions of international travelers passing through Dubai International Airport. With this agreement, Dubai…

For decades, the multi-trillion-dollar U.S. Treasury market has been the anchor of the global financial system, its ebbs and flows dictated by central banks, sovereign wealth funds, and traditional money market giants. But a recent paper from the Bank for International Settlements reveals a new hand on the tiller: dollar-backed stablecoins, which have quietly become…

OpenSea has acquired Rally, a mobile-first Web3 platform, in a move aimed at expanding digital asset trading to mobile devices. Key Takeaways: OpenSea has acquired Rally to build a mobile-native platform for NFT and token trading. The company aims to create an “onchain everything app” with cross-chain and AI features. Its upgraded OS2 platform now…

The crypto market is up today. The majority of the top 100 coins per market cap have appreciated over the past 24 hours. At the same time, the cryptocurrency market capitalization has fallen 2.5% to $3.44 trillion. The total crypto trading volume is at $82.5 billion, one of the lowest levels we’ve seen over the…

New Zealand has unveiled a sweeping set of reforms aimed at tightening its grip on financial crime, including a nationwide ban on cryptocurrency ATMs and a $5,000 cap on international cash transfers. Key Takeaways: New Zealand has banned crypto ATMs and capped international transfers at $5,000. Police say crypto ATMs are being used to launder…

Coinbase launched a $5 million bug bounty program on Cantina targeting its on-chain products and Base network smart contracts, marking one of the largest Web3 security initiatives to date. The program comes as Base gains mainstream adoption with JPMorgan launching its JPMD digital deposit token and Shopify integrating USDC payments across 34 countries. Base has…

Polymarket’s closely watched prediction market on whether Ukrainian President Volodymyr Zelenskyy would appear in a suit before July has ended in controversy, closing with a final resolution of “No” despite widespread media coverage suggesting otherwise. Key Takeaways: Polymarket ruled “No” on whether Zelenskyy wore a suit, sparking backlash. Traders criticized the decision despite media and…