Macro
Saudi Arabia has launched an ambitious initiative to tokenize significant portions of its multi-trillion dollar economy as part of a broader strategy to insulate its wealth from global economic volatility. The kingdom is implementing blockchain-based tokenization across various sectors including real estate, commodities, and government assets, according to reports from
Regulation
Major U.S. derivatives exchanges CME Group and Intercontinental Exchange (ICE) have reportedly urged American regulators to investigate decentralized derivatives platform Hyperliquid over concerns about potential market manipulation risks. The traditional exchanges have raised questions about the oversight and regulatory compliance of the fast-growing DeFi platform, according to Bloomberg reporting.
Exchange
Cryptocurrency exchange Kraken's parent company Payward has laid off approximately 150 employees as part of a strategic restructuring initiative ahead of its planned initial public offering. The workforce reduction represents roughly 15% of the company's total staff and affects multiple departments across the organization, according to
Regulation
Polish lawmakers adopted MiCA as prosecutors probe $96 million in losses from collapsed exchange Zondacrypto.
Regulation
A Myanmar bill proposes the death penalty for scam coercion and life imprisonment for crypto-related offenses.
Security
Thorchain, a decentralized cross-chain liquidity protocol, has suspended all trading operations following a security exploit that drained approximately $10 million from the platform. The attack targeted the protocol's cross-chain bridge infrastructure, prompting developers to immediately halt network activity to prevent further losses. RUNE, Thorchain's native token,
Regulation
U.S. terrorism judgment creditors seek a court order forcing Tether to turn over $344 million in frozen IRGC-linked USDT.
Exchange
If approved, OKX would become the second global exchange to own a majority stake in a South Korean crypto platform, following Binance.
Regulation
The license allows B2C2 to extend OTC spot trading services across all EU member states and three EEA countries.
Regulation
Major cryptocurrencies posted significant gains Thursday as the Senate Banking Committee approved the Digital Asset Market Structure and Investor Protection Act, commonly known as the CLARITY Act. XRP and Dogecoin each surged approximately 5%, while Bitcoin climbed above $81,000 for the first time since March. The broader crypto market
Exchange
The acquisition of 2.28 million shares will give Hana Bank a 6.55% stake in Dunamu, making it the fourth-largest shareholder.
Macro
The unversity’s endowment disclosed holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF.