Latest

Markets
Spot Bitcoin ETF Outflow Streak Extends to Record 13 Days, $4.4B Cumulative
US spot Bitcoin ETFs posted a 13th consecutive day of net outflows on Wednesday, extending the longest withdrawal streak in the products' history to $4.4 billion cumulative since May 15.

TradFi & Fintech
BitMine Files for $300M Preferred Stock Offering at 9.5% Yield to Expand ETH Treasury
BitMine Immersion Technologies filed a 424B5 prospectus supplement to raise up to $300 million through Series A Perpetual Preferred Stock at a 9.5% cumulative dividend — applying Strategy's STRC capital-markets playbook to a corporate Ethereum treasury sitting on $9.2 billion in unrealized losses.

CeFi
Coinbase Launches Pre-IPO Perpetual Futures, Starting with SpaceX
Coinbase International Exchange, operating through its BMA-licensed Bermuda entity, now offers USDC-settled perpetual futures on private-company valuations, with SpaceX as the first listing.

TradFi & Fintech
Western Union Deploys USDPT on Bybit's Fiat Channels in Latin America
Western Union has made its USDPT stablecoin available on Bybit's fiat channels in Latin America, making Bybit the first major crypto exchange to integrate USDPT — arriving two days after MoneyGram launched its own rival dollar token on Stellar.

DeFi
Sky Launches Fixed-Rate Yield Product Built on Pendle, Targeting $6B sUSDS Pool
Sky (formerly MakerDAO) launched Fixed Yield on Wednesday — a term-based alternative to the variable Sky Savings Rate built on Pendle Protocol v2, giving sUSDS depositors a locked rate to a named maturity date.

TradFi & Fintech
Visa and Brale Test Privacy-Enabled SBC Stablecoin Settlement on Canton Network
Visa and stablecoin issuer Brale are piloting settlement using SBC, a U.S. dollar-backed stablecoin, on Canton Network, the privacy-preserving institutional DLT, testing whether blockchain settlement can meet bank-grade compliance requirements.

TradFi & Fintech
Deel Deploys Stripe's Full Stablecoin Stack to Pay 1.5M Contractors in DLUSD
Deel is the first enterprise to combine Bridge, Privy, and Tempo in a single product, issuing a custom USD-denominated stablecoin for 1.5 million contractors across 150 countries, starting in Argentina.

DeFi
PENDLE Token Goes Live on Revolut, Reaching 20M EEA Crypto Traders
The yield-tokenization protocol's $233M-mcap token is now buyable inside Revolut's MiCA-licensed crypto app across the UK, EU, Norway, Iceland and Liechtenstein — the second on-chain yield protocol to land on the fintech's regulated rails after Maple's SYRUP in April.

TradFi & Fintech
Revolut Plans 2027 US Bank Launch With Stablecoin Services Built In From Day One
The British neobank, with 70 million customers and a $75 billion valuation, will pair FDIC-insured accounts with stablecoin access on a single platform — a tier-one fintech entering US banking with stablecoins designed in, not bolted on.

DeFi
Builder-Deployed Perp Markets Push Hyperliquid to Record Share of Global Perps Volume
Hyperliquid's HIP-3 framework — which lets anyone deploy a perpetual futures market on the protocol's settlement layer — cleared $62 billion in May volume, pushing the venue to a record 6.63% share of global perps and 14.4% against Binance.




