Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs
The protocol aims to give fintechs and investors a faster way to recover losses from DeFi hacks, while letting XRP, bitcoin and XLM holders earn yield by…
Ethena pushes stablecoins into everyday banking with high-yield savings, cards and payments
Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement. Source:CoinDesk
Kast launches stablecoin-powered business platform after $80M raise
Kast aims to onboard between 1,000 and 5,000 active businesses to its new platform by the end of 2026. Source:Cointelegraph
UK’s crime agency freezes Premier League $13.5 million account in crypto crime probe
Authorities targeted funds from a $140 million sponsorship deal with crypto firm Sorare, though law enforcement confirmed no wrongdoing by the Premier League.…
Live updates: Bitcoin ETFs resume buying as ether funds stretch streak to 11 days
The bitcoin funds took $217 million Monday, one session after an outflow ended their nineday run. Ether ETFs have not posted a red day since midAugust.…
Trump Jr's firm leads $1 billion Polymarket raise at $21 billion value: Report
1789 Capital is putting in about $300 million, adding to a roughly $200 million stake, as the prediction market's valuation rises from $15 billion.…
North Korean hackers are moving tens of millions on Hyperliquid as Trump pushes to onshore the crypto platform
Blockchain data reviewed by CoinDesk shows wallets tied to North Korea’s Lazarus Group sold more than $30 million in bitcoin on the platform in the last three…
Sam Altman once called ads a ‘last resort.’ Now OpenAI is on track for $1 billion in revenue from them.
The company is making it easier for businesses across the world to take out ads on ChatGPT. Source:MarketWatch
NYSE owner ICE taps tZERO for tokenized securities push, takes stake in firm
The deal adds transferagent and settlement infrastructure to ICE's plans for an NYSEaffiliated market for tokenized stocks, tZERO said. Source:CoinDesk
Ireland bars crypto from new tax-advantaged investment accounts
Eligible assets for the new accounts include listed stocks, bonds, and ETFs, with providers handling tax reporting to simplify investor compliance.…
Bitmine makes largest ether purchase since June as Tom Lee points to crypto's strong Q3
Company Chairman Lee said crypto’s recent outperformance could draw more institutional investors. Source:CoinDesk
Sberbank plans to add ether and USDT as collateral for crypto-backed loans: Report
The Bank of Russia recently included ETH and USDT in a draft list of cryptocurrencies approved for public trading on Russian exchanges. Source:CoinDesk