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Global cloud leader Cloudflare ($NET) has stepped into the stablecoin market with a bold new release: NET Dollar, a U.S. dollar-backed digital asset designed to fuel the next generation of AI-driven, agentic Internet. Unlike traditional stablecoins aimed at trading and DeFi, NET Dollar is built for the web’s infrastructure layer, enabling instant, secure, and programmable … Read more
Ripple has taken another step into mainstream markets. The company’s USD-pegged stablecoin, RLUSD, is now live on Bybit, one of the world’s top crypto exchanges. The listing expands RLUSD’s reach beyond its early launches on Bullish and Bitstamp. For traders, it adds a new liquidity option on Bybit’s high-leverage platform, where stablecoins serve as a … Read more
SWIFT, the backbone of global banking communications, is moving closer to blockchain. The network is now working with Linea, an Ethereum Layer 2 developed by Consensys, to test migrating its payment messaging system on-chain. The project, revealed by The Big Whale, involves more than a dozen of the world’s largest financial institutions, including BNP Paribas … Read more
HSBC says quantum computing just clocked a real trading win, reporting empirical gains in algorithmic bond pricing with IBM’s hardware and know-how. IBM Heron Takes Flight: HSBC Flags Quantum Gains in Algorithmic Bond Trading Announced Sept. 25, the joint trial touts the world’s first-known real-world evidence that today’s quantum machines can add value in live … Read more
Griffin AI (GAIN), a Web3 AI project that launched on Binance Alpha yesterday, is facing its first major crisis. Within 24 hours of its debut, $GAIN briefly plunged more than 90% after a wave of abnormal minting and heavy on-chain dumping shook investor confidence. On-chain data shows the exploit originated from a suspicious cross-chain setup … Read more
Crypto exchange Gate has officially launched Gate Layer, a Layer 2 network built on the OP Stack and secured by GateChain. Alongside the rollout, the team revealed an upgrade to GT tokenomics, transforming the exchange’s native token into the exclusive gas and utility asset of the ecosystem. This move places Gate in direct competition with … Read more
Seedify’s $SFUND token suffered a major exploit earlier today, triggering one of the sharpest crashes in its history. A bridge powered by LayerZero was compromised, allowing an attacker to mint millions of tokens that were quickly dumped on-chain. The Exploit Unfolds The attacker created a custom token on Polygon and abused bridge functions to mint … Read more
LayerZero just made one of its boldest moves yet. Yesterday, @LayerZero_Core confirmed a massive buyback of 50 million ZRO tokens, equal to 5% of the total supply. The tokens were repurchased directly from early investors, a rare step in today’s market and one that highlights confidence in $ZRO’s long-term vision. On CoinMarketCap, ZRO trades at … Read more
On-chain perps are heating up. Aster (@Aster_DEX) just pulled off a milestone that puts it in direct competition with the largest decentralized exchanges. Over the last 24 hours, Aster’s perpetual futures volume hit $11.8 billion, flipping Hyperliquid and cementing itself as one of the biggest players in the sector. The 24-hour perp volume on Aster(@Aster_DEX) … Read more
Ripple is moving fast into the next stage of institutional DeFi on the XRP Ledger (XRPL). The company reports more than $1 billion in stablecoin volume over the past month, introduces live compliance tools, and lays out a roadmap that includes a native lending protocol and zero-knowledge proofs (ZKPs). The push is part of Ripple’s … Read more