Latest

Hacks
Ostium Recovery Plan Repays 3,321 Wallets In Full, Leaves 345 To Choose
Wallets that lost $1,000 or less get everything back when the portal opens Wednesday. The 345 wallets carrying at least 86% of the $23.8 million loss choose between a $1,000 payment and a pro-rata claim on funds Ostium has not yet recovered.

CeFi
Gate: Same-Name Error Triggers Liquidations in Perp Market
Two self-identified Gate managers said a same-name asset error affected 200 accounts and that balance displays were being restored.

TradFi & Fintech
Stable Announces Visa Direct Integration for Bank and Mobile Wallet Payouts
Visa previously announced stablecoin funding and payout pilots; Stable has not specified when its connection will be available or which markets it will cover.

TradFi & Fintech
HSBC Names Hong Kong Stablecoin 'RedCoin' Ahead of Retail Rollout
The Hong Kong dollar token is planned for the second half of 2026, with initial distribution limited to PayMe and the HSBC HK Mobile App.

DeFi
Standard Chartered Initiates ENA Coverage With $2 Target
Standard Chartered forecasts a 7x gain by end-2028 on the strength of Ethena's buyback program. The buyback switches on when USDe supply reaches $7.5 billion; USDe sits at $4.9 billion.

CeFi
Kalshi Files to End Volume Incentive Program
The reward pools exclude members with market-maker agreements; Kalshi cited separate liquidity payments to explain clustered ether perpetual trades.
DeFi
Lighter Token Drops After Robinhood Perps Plan
Robinhood's in-app perpetual futures will be offered by its own futures commission merchant through Bitstamp. LIT is down 22% over seven days.

TradFi & Fintech
Morgan Stanley Sets Up Lab to Test Stablecoins and DeFi
The internal testing program uses the bank’s innovation-lab network, while E*Trade already offers eligible clients spot crypto trading through zerohash.

CeFi
Robinhood Unveils In-App AI Agents for Crypto and Stock Trading
Trade approvals will default to on, while a planned Loops feature will let users run recurring strategies around the clock.

CeFi
Kalshi in Advanced Talks for $1B Raise at $40B Valuation: Reuters
Sequoia and Wellington are in talks to lead the financing, which would lift Kalshi's valuation about 82% above its confirmed May round.





