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FxWirePro- Key Crypto Updates

OPN

Opinion Labs announces its $20M funding along with the Boost NFT Incentive Program.

 

Tether

Tether has reportedly scaled back its $15-20B stake after investor pushback.

 

Bitwise

Bitwise Asset Management is acquiring institutional staking services provider Chorus One.

 

BNB Chain

BNB Chain has deployed the ERC-8004 infrastructure, the standard for Bitcoin L2.

 

Binance

Binance’s SAFU fund purchased an additional 1,311 BTC of MicroStrategy worth approximately $100M.

 

Coinbase

Coinbase has launched its prediction market platform, dubbed Coinbase Predict.

 

XRP (Ripple)

Ripple enabled institutions to access onchain derivatives liquidity via their XRPL.

 

Morph

Morph to roll out unified cross-chain standard for Bitget Token and Chainlink CCIP integration.

 

Fidelity Digital Assets

Fidelity Digital Assets rolls out its stablecoin, which will be pegged 1:1 to the US dollar.

 

WARD (Warden Protocol)

Warden $WARD goes live on Hyperliquid, Alpha, and other exchanges.

 

Y Combinator

Y Combinator will allow its startups can choose to receive their funding in stablecoins.

 

AAVE

Aave Labs has announced its plans to wind down its Avara brand.

 

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