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Swift rolls out new blockchain ledger to bring 24/7 banking to 17 global giants

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A list of 17 banks is preparing to begin testing live transactions on Swift’s blockchain-based ledger, a move toward round-the-clock cross-border payments using tokenized deposits. Swift said the ledger is ready for initial use by banks across six continents in an announcement Thursday. The purpose is to give banks the opportunity to move money to […]

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Crypto lender giant Aave is rolling out vaults for yield-hungry fintech investors

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Aave Labs, the organization behind the largest decentralized lending platform Aave AAVE$90.59is rolling out vaults to help fintech companies offer returns on stablecoins without requiring users to interact directly with cryptos. The new Stable Vaults let wallets, exchanges and payment providers integrate stablecoin earnings through a single connection. Behind the scenes, the boxes allocate deposits

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Over $7.2 billion has migrated from LayerZero to Chainlink CCIP as Mantle joins the exodus

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More than $7.2 billion in cross-chain and wrapped assets have migrated from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) since May, with Mantle becoming the latest project to replace LayerZero for high-value token transfers. Mantle said it is migrating its Super Portal, which it co-developed with Bybit, from LayerZero’s Omnichain Fungible Token (OFT) standard to

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Bitcoin (BTC) House Pricing Reveals Dollar’s Deterioration: Crypto Daily

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The price of a family home in the US tells two very different stories depending on how it is measured. Comparing the stories underlines bitcoins BTC$62,606.92 appeal as a long-term hedge against dollar depreciation, the erosion of value in the fiat currency. According to Fidelity Digital Assets, a typical American house has gained more than

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Brazil’s B3 exchange introduces options on BTC, ETH, SOL futures

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Brazil’s B3 exchange has revealed options on bitcoin BTC$62,727.04ether (ETH) and solana (SOL) futures, expanding its regulated crypto derivatives. The contracts became available for trading on July 6, according to a B3 circular. They include call and put options on bitcoin futures denominated in Brazilian reals, while ether and solana futures are denominated in US

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A DEX trader holds a $1 million EUR/USD bullish bet for 400 days

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The term “HODLing”, crypto slang for buying and holding an asset for a long time, has historically been almost exclusively associated with bitcoin BTC$62,910.27 and ether (ETH). A trader has now applied the same long-term approach to perpetual futures linked to the euro-dollar pair (EUR/USD) listed on the decentralized exchange (DEX) Ostium, which is powered

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SK Hynix and CXMT IPO boom could draw capital away from crypto

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The US-blocked company plans to use the profits to upgrade production lines and technology after experiencing explosive growth, including first-quarter revenue of 50.8 billion yuan, up 700% year-on-year. Reuters estimates that CXMT held about 7.7% of the global DRAM market last year. These deals follow SpaceX (SPCX) and Cerebras (CBRS), two AI-related listings that have

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