Core and Hex Trust Unlock Institutional Bitcoin Staking in APAC and MENA

Core Foundation and Hex Trust have partnered to introduce bitcoin staking for institutional clients in APAC and MENA, enabling secure yield generation through Core’s dual staking model. The move combines bitcoin and CORE token staking within Hex Trust’s licensed custody platform. Hex Trust Brings Core’s Bitcoin Staking Solution to Institutional Clients Core Foundation has expanded … Read more

Wormhole Foundation Counters Layerzero’s Stargate Acquisition Bid

On Wednesday, the Wormhole Foundation announced its intent to submit a competing bid to acquire Stargate, directly challenging a proposal from cross-chain messaging rival Layerzero. This move potentially disrupts a pending acquisition and could lead to a bidding war for the prominent bridge protocol. Rival Bid Emerges for Cross-Chain Protocol Stargate Wormhole stated that Stargate’s … Read more

Bit Mining Proposes Rebrand to SOLAI in Strategic Solana Pivot

Bit Mining Limited announced plans to rebrand as SOLAI Limited, reflecting a strategic shift from cryptocurrency mining toward building onchain intelligent financial infrastructure within the Solana landscape. Bit Mining Unveils Plan to Rebrand as SOLAI The company, currently traded on the NYSE as BTCM, will seek shareholder approval to change its name and adopt the … Read more

USDf Explained: The Synthetic Stablecoin Climbing the Ranks

With the stablecoin economy now valued at $276.8 billion, the sector has experienced striking growth—and one token has muscled its way into the top ten. In recent times, Falcon Finance’s synthetic stablecoin USDf has crossed the $1 billion mark in market capitalization, securing its place as the ninth-largest fiat-pegged token by value. USDf Unpacked: How … Read more

Stablecoins Projected to Hit $1 Trillion in Payments by 2030 With DeFi on Overdrive

Stablecoins are poised to move $1 trillion a year by 2030, disrupting global payments and unlocking trillions in capital, according to a newly released industry report. Stablecoins Set to Move $1 Trillion Annually by 2030—Legacy Rails Can’t Compete Crypto liquidity provider Keyrock released a detailed report this week in collaboration with Latin American crypto platform … Read more

DeFi Development Corp. Funds SOL Strategy With Convertible Notes

DeFi Development Corp. has priced an upsized $112.5 million private offering of convertible notes to bolster its corporate treasury, including further acquisition of solana ( SOL). Company Funds SOL Strategy With Convertible Notes Worth $112.5 Million The Nasdaq-listed company (DFDV) announced the 5.5% convertible senior notes due 2030, marketed to qualified institutional buyers under Rule … Read more

Value Locked in DeFi Reaches $154B Despite 3% Dip

The decentralized finance (DeFi) sector’s total value locked (TVL) has climbed to $154.248 billion, with liquid staking giant Lido and lending platform Aave maintaining dominant positions. Lido, Aave Take Top Spots as DeFi TVL Surpasses $150B Data from defillama.com shows TVL declined 3.23% over the past 24 hours, yet the figure remains well above the … Read more

Coinbase Targets DeFi Domination With New Stablecoin Fund to Accelerate Onchain Growth

Coinbase is igniting a fresh DeFi liquidity surge with a powerful new stablecoin fund, targeting top protocols to fuel adoption, deepen markets, and accelerate onchain finance growth. Coinbase Unveils New Stablecoin Bootstrap Fund to Amplify DeFi Liquidity Crypto exchange Coinbase (Nasdaq: COIN) announced on Aug. 12, 2025, that it is launching a second Stablecoin Bootstrap … Read more

Stablecoins Dominate Digital Asset Transactions in Sub-Saharan Africa, Surpassing Bitcoin

A study revealed that stablecoins represented 43% of cryptocurrency transactions in Sub-Saharan Africa in 2024, significantly outpacing bitcoin’s 18.1% share. Transaction Growth and Nigerian Dominance According to a study, stablecoins accounted for 43% of cryptocurrency transactions in Sub-Saharan Africa (SSA) in 2024, more than double that of bitcoin (18.1%). Nigeria and South Africa lead the … Read more

Hybrid L2 BOB Raises $9.5 Million in Latest Funding Round to Advance Bitcoin DeFi Development

Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain, has successfully raised a total of $21 million through a series of strategic funding rounds since December 2024, with recent backing from investors including Castle Island Ventures, Ledger Cathay Capital, Rockawayx, and Sats Ventures. The latest funding round raised $9.5 million, demonstrating strong confidence from … Read more