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Mastercard Opens Card-Settlement Network on Eight Blockchains, Adding Weekend and Holiday Cycles
TradFi & Fintech

Mastercard Opens Card-Settlement Network on Eight Blockchains, Adding Weekend and Holiday Cycles

Issuers and acquirers can now clear card transactions in regulated stablecoins on Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo and XRPL, with ARQ, CBW Bank, Cross River, Lead Bank and Nuvei lined up as the first adopters in the US and Latin America.
Binance Closes Its Centralized NFT Marketplace, Joining Coinbase, Kraken in CEX-Backed NFT Retreat
NFTs & Web3

Binance Closes Its Centralized NFT Marketplace, Joining Coinbase, Kraken in CEX-Backed NFT Retreat

The world's largest crypto exchange is folding its in-house NFT service into Binance Wallet by July 3, ending the centralized-marketplace bet a year after Coinbase NFT shut down and four months after X2Y2's sunset — a near-complete unwinding of the CEX-backed NFT marketplace category.
DOJ and CFTC Open Insider-Trading Probes of George Santos Over Kalshi Bets on His Own State of the Union Appearance
Regulation & Politics

DOJ and CFTC Open Insider-Trading Probes of George Santos Over Kalshi Bets on His Own State of the Union Appearance

Kalshi flagged the trades, froze the account, and referred the case to federal authorities — the first known criminal-and-civil enforcement track against a named individual on a CFTC-regulated US prediction market.
160 Officials Tell Senate to Pass CLARITY Act as Floor Talks Resume
Regulation & Politics

160 Officials Tell Senate to Pass CLARITY Act as Floor Talks Resume

A Blockchain Association letter signed by ex-CIA, DOJ, Treasury, FBI, IRS-CI, Secret Service and military officials lands on Thune and Schumer the same day the Senate restarts crypto market-structure negotiations.
Franklin Templeton Wires BENJI Money-Market Fund Into MoonPay Trade for Onchain Stablecoin Swaps
TradFi & Fintech

Franklin Templeton Wires BENJI Money-Market Fund Into MoonPay Trade for Onchain Stablecoin Swaps

The $1.74 trillion asset manager is letting institutions move directly between stablecoins and shares of its tokenized US government money fund through MoonPay's new institutional rails, marking one of the first listings of a US-registered tokenized MMF on a third-party onchain trading venue.
Sui Blames Triple Mainnet Halt on Gas-Charging Bug and a Known-Risk Patch That Backfired
Blockchains

Sui Blames Triple Mainnet Halt on Gas-Charging Bug and a Known-Risk Patch That Backfired

The Sui Foundation's post-mortem ties two of three outages to an edge case in the v1.72 address-balances feature, and the third to a randomness-state bug exposed by an interim fix the team shipped knowing it carried halt risk.
US Treasury Adds Nobitex and Three Other Iranian Exchanges to OFAC SDN List Under 'Economic Fury'
Regulation & Politics

US Treasury Adds Nobitex and Three Other Iranian Exchanges to OFAC SDN List Under 'Economic Fury'

The Office of Foreign Assets Control designated Nobitex, Wallex, Bitpin and Ramzinex, along with their leadership, naming the exchanges as the digital-asset rails for Iran's central bank and the Islamic Revolutionary Guard Corps.
Polymarket Books First On-Chain Institutional Block Trade
TradFi & Fintech

Polymarket Books First On-Chain Institutional Block Trade

A six-figure trade settled against the Ornn Compute Price Index pushes the world's largest prediction market into TradFi-style risk transfer, with FalconX signing on as a dedicated market maker for future blocks.
 Bad Sentiment, Strong Fundamentals: the Institutional Turn | Chris Perkins, Franklin Crypto
Podcast

Bad Sentiment, Strong Fundamentals: the Institutional Turn | Chris Perkins, Franklin Crypto

Crypto is entering a new phase — and institutions, not retail, are driving it. As regulatory clarity arrives, the largest institutions in the world are moving from the sidelines into the market. The thesis from our guest: sentiment is poor, but fundamentals are improving; a coiled spring.
Coinbase Ventures Buys ENA on the Open Market as Coinbase and Ethena Strike Distribution Deal
DeFi

Coinbase Ventures Buys ENA on the Open Market as Coinbase and Ethena Strike Distribution Deal

The exchange's venture arm bought ENA tokens directly on the open market rather than through a private round, the first such disclosed purchase, alongside a partnership to push Ethena's onchain dollar and savings products into Coinbase's userbase.