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FxWirePro- Key Crypto Updates 

Major Exchange and Platform Updates

ENA (Ethena)

  • Ethena's USDe goes live on Binance while the firm proposes changes to the USDE fund mechanism

SWITCH (Switchboard)

  • Switchboard has been listed on Bitget, Binance Alpha, and other exchanges

Binance

  • Binance has partnered with Singapore Gulf Bank to launch a USD direct custody product

XRP

  • BBVA unveils plans to use Ripple tech for retail digital asset custody under EU MiCA regulations

New Listings and Token Launches

Gemini

  • Winklevoss-founded exchange Gemini has secured $50M in investment from Nasdaq

PINGPONG

  • PingPong will be launched on the Binance Alpha platform on September 11th

AVNT (Avantis)

  • Avantis has been listed on Binance Alpha, Bitget, KuCoin, and other exchanges

W (Wormhole)

  • Wormhole will power Quai Network, enabling cross-chain expansion for SQUAI's SOL

DeFi and Security Updates

SOL (Solana)

  • Forward Industries secures $1.85B led by Galaxy, Jump, and Multicoin for the SSOL treasury

BORG (SwissBorg)

  • SwissBorg lost ~$41M in bonuses due to a security breach involving a staking partner

SEA (OpenSea)

  • OpenSea rolls out $1M NFT reserve for digital art, hints at OSEA token update

BitMine

  • BitMine increased its holdings by 202% SETH, now totaling 2.06M worth $8.94B
  • Market Data
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