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Iran Launches Bitcoin-Settled Insurance Platform for Hormuz Strait Shipping
Markets

Iran Launches Bitcoin-Settled Insurance Platform for Hormuz Strait Shipping

Iran has unveiled Hormuz Safe, a Bitcoin-backed insurance service enabling shipping companies to obtain coverage for transiting the Strait of Hormuz.
$11.58M Drained in Ongoing Exploit on Verus-Ethereum Bridge
Hacks

$11.58M Drained in Ongoing Exploit on Verus-Ethereum Bridge

An active exploit on the Verus-Ethereum Bridge has resulted in $11.58 million in losses, according to security firm Blockaid.
Bitcoin Extends Decline Below $78,500 as Bearish Pressure Intensifies
Markets

Bitcoin Extends Decline Below $78,500 as Bearish Pressure Intensifies

Bitcoin has fallen below $78,500 and is consolidating near the $76,500 support level, with a bearish trend line forming resistance at $77,700 on the hourly chart.
VanEck and Grayscale Push Forward With Spot BNB ETF Filings
TradFi & Fintech

VanEck and Grayscale Push Forward With Spot BNB ETF Filings

VanEck and Grayscale have submitted fresh amendments to their spot BNB ETF applications, signaling active engagement with the SEC as competition intensifies for the next altcoin ETF.
Circle's USYC Becomes Largest T-Bill Fund on BNB Chain at $2.9 Billion
CeFi

Circle's USYC Becomes Largest T-Bill Fund on BNB Chain at $2.9 Billion

Circle's USYC tokenized Treasury bill fund has reached $2.9 billion in market cap, becoming the largest T-Bill fund deployment across blockchain networks.
Hyperliquid's HYPE Token Rallies 7% as Trade.xyz Launches First Pre-IPO Perpetual Market for SpaceX
Markets

Hyperliquid's HYPE Token Rallies 7% as Trade.xyz Launches First Pre-IPO Perpetual Market for SpaceX

HYPE token gained 7% over 24 hours following the launch of a synthetic SpaceX pre-IPO perpetual contract on Hyperliquid, valuing the private aerospace company at $1.78 trillion.
Aave Restores WETH LTV Ratios Across Multiple Networks as Part of rsETH Recovery Plan
DeFi

Aave Restores WETH LTV Ratios Across Multiple Networks as Part of rsETH Recovery Plan

Aave has restored WETH loan-to-value ratios on Ethereum, Arbitrum, Base, Mantle, and Linea, re-enabling borrowing against the asset following a technical incident.
CME and NYSE Owner Push U.S. Regulators to Crack Down on Hyperliquid
DeFi

CME and NYSE Owner Push U.S. Regulators to Crack Down on Hyperliquid

The Hyperliquid Policy Center disputed the framing.
Tokenized ETFs Surpass $430 Million in Onchain Market Cap, Led by Ondo Finance's IVVon
Markets

Tokenized ETFs Surpass $430 Million in Onchain Market Cap, Led by Ondo Finance's IVVon

Tokenized ETFs have crossed $430 million in total onchain market cap, with Ondo Finance's IVVon token surging 150% in the past month on Ethereum.
THORChain Reports $10.7M Loss From Compromised Asgard Vault
Security

THORChain Reports $10.7M Loss From Compromised Asgard Vault

THORChain developers announced that one of six Asgard vaults was compromised, resulting in approximately $7.4M in unauthorized outbound transactions before the network halted signing activity.