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DIGIT – Page 251 – DIGIT INFO

UAE’s Innovation City Launches Blockchain-Based IDs, Pushing Firms to Instant Checks

Innovation City, an AI-powered free zone in Ras Al Khaimah, has launched a blockchain-based digital business identity system to replace traditional and static business licenses with “living,” cryptographically verifiable assets on the OPN chain. Key Takeaways: Innovation City launched an onchain identity system on May 4 to replace static PDF business licenses. IOPn’s OPN chain … Read more

Prediction Market Traders Push April 2026 Volume to $8.6B, Kalshi Takes the Lead

The prediction market sector posted $8.6 billion in taker volume during April 2026, with Kalshi overtaking Polymarket to claim the top spot, according to onchain data tracked by Dune Analytics. Key Takeaways: Kalshi posted $5.42B in April 2026 taker volume, surpassing Polymarket’s $1.99B for the first time. Polymarket collected $29.22M in April fees despite trailing … Read more

Haun Ventures Unveils $1 Billion Fund to Build the Next Financial System

The new fund will focus on supporting initiatives targeting innovation in three key areas: services for the new financial infrastructure, including crypto and other technologies; new assets and markets, including tokenization and on-chain digitization; and the agentic economy. Key Takeaways: Haun Ventures launched a $1 billion fund to back startups building the next-generation financial system. … Read more

Securitize Gets FINRA Approval to Broaden Tokenized Securities Operations

Securitize Markets received expanded FINRA approval to custody, settle, underwrite, and distribute tokenized securities. The decision lets the broker-dealer support on-chain settlement against stablecoins while expanding its role in digital securities offerings. Key Takeaways: Securitize Markets received expanded FINRA permissions for tokenized securities custody, settlement, underwriting, and distribution. Transactions can now settle onchain against stablecoins … Read more

Yen Carry Trade on Steroids? Strategist Flags Bitcoin-Linked STRC Yields

Wall Street may be underestimating a bitcoin-linked carry trade resembling the yen carry trade as capital shifts from Fed funds to higher-yield income products. Strategy’s STRC shows an 11.52% effective yield, underscoring the widening spread attracting institutional focus. Key Takeaways: Comparison to the yen carry trade signals potential for large-scale capital reallocation. STRC offers monthly … Read more

Ripple Shares DPRK Threat Data on Fraud Domains, Wallets, Campaigns

Ripple will share DPRK-linked threat intelligence with Crypto ISAC to help crypto firms screen applicants, contractors, and vendors. The program covers fraud domains, wallets, and compromise indicators tied to active campaigns. Key Takeaways: Ripple will provide Crypto ISAC members intelligence on DPRK-linked fraud domains, wallets, and campaigns. Security teams can use enriched identity signals to … Read more

Uphold Rejects New York Claims After $5M Customer Repayment Deal

Uphold rejected New York’s CredEarn settlement claims, saying the regulator misrepresented its role in Cred LLC’s collapse. The company agreed to more than $5 million in customer repayment while denying knowledge of alleged fraud or any intent to mislead customers. Key Takeaways: Uphold disputed New York’s claims and denied knowingly promoting Cred’s alleged misconduct. Customers … Read more

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