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Pump.fun's PUMP Buybacks Top $400M as Token Stays Flat
DeFi

Pump.fun's PUMP Buybacks Top $400M as Token Stays Flat

The Solana launchpad's repurchases since July now exceed $400M, yet PUMP trades roughly 83% below its record and is little changed on the day
CFTC Expands Polymarket Probe to Staged Trades and Fake Wins
Regulation & Politics

CFTC Expands Polymarket Probe to Staged Trades and Fake Wins

The Commodity Futures Trading Commission is conducting a broad investigation into Polymarket covering staged trades and fake winning bets, Bloomberg reported Friday, advancing the agency’s scrutiny beyond the platform’s prior influencer scheme.
DraftKings Launches Proprietary Prediction Markets Exchange With $3.4B Annualized Consumer Volume
Markets

DraftKings Launches Proprietary Prediction Markets Exchange With $3.4B Annualized Consumer Volume

DraftKings has launched DKeX, a proprietary prediction markets exchange, reporting $3.4 billion in annualized consumer volume as it enters a field increasingly crowded by Kalshi, Polymarket, Meta Arena, and Robinhood.
OKX and Coinbase Race to Sign Up Binance's Displaced EU Users Before MiCA Deadline
CeFi

OKX and Coinbase Race to Sign Up Binance's Displaced EU Users Before MiCA Deadline

OKX is offering EEA users deposit bonuses of up to 8% and Coinbase has launched a parallel transfer bonus for subscribers in eight European markets, as both licensed exchanges compete to capture users displaced by Binance's July 1 MiCA wind-down.
BNY Adds USDC to Institutional Custody Platform in Expanded Circle Partnership
TradFi & Fintech

BNY Adds USDC to Institutional Custody Platform in Expanded Circle Partnership

BNY, the world's largest custodian bank with $59.4 trillion in assets under custody, has made USDC the first stablecoin on its Digital Asset Custody platform, enabling institutional clients to store, transfer, mint, and redeem Circle's dollar-pegged token alongside traditional assets.
BlackRock Adds Ethena's Synthetic Dollar to Its $20T Aladdin Risk Management Platform
DeFi

BlackRock Adds Ethena's Synthetic Dollar to Its $20T Aladdin Risk Management Platform

The world's largest asset manager will list the USDe synthetic dollar as an approved asset on its institutional risk platform, while its BUIDL fund becomes the primary backing for Ethena's whitelabel stablecoins.
Strategy Authorizes up to $1.25B of Bitcoin Sales as Saylor Formalizes Capital Pivot
CeFi

Strategy Authorizes up to $1.25B of Bitcoin Sales as Saylor Formalizes Capital Pivot

The largest corporate Bitcoin holder will lift its STRC preferred dividend to 12% and can now sell BTC to fund payouts and buybacks, marking a formal break from Saylor's never-sell posture
AMLBot Puts Polymarket Phishing Toll at $3.1M Across 11 Wallets, Funds Traced to Ethereum
Hacks

AMLBot Puts Polymarket Phishing Toll at $3.1M Across 11 Wallets, Funds Traced to Ethereum

Blockchain intelligence firm AMLBot has confirmed the Polymarket supply-chain attack total at approximately $3.1 million in PUSD across 11 user wallets, with funds bridged from Polygon to Ethereum and converted to ETH. Polymarket has pledged full refunds but has not named the compromised vendor.
Aave Confirms Aavenomics 3.0 Is Live With Buybacks and DAO Spending Cut
DeFi

Aave Confirms Aavenomics 3.0 Is Live With Buybacks and DAO Spending Cut

Aave confirmed Saturday that Aavenomics 3.0 is now active, with automated AAVE token buybacks running and DAO operational spending reduced, completing a governance roadmap the protocol has built toward since mid-2024.
Strategy's Enterprise mNAV Drops Below 1 for the First Time
Markets

Strategy's Enterprise mNAV Drops Below 1 for the First Time

Strategy's enterprise market-to-NAV ratio crossed below 1 on Thursday for the first time, putting the combined weight of its debt, preferred stock, and equity above the value of its 847,363-bitcoin treasury and closing the equity-accretion channel that powered its buying spree.