Binance co-founders CZ and Yi He adopted Simpsons cartoon aliases ‘Homer’ and ‘Marge’ in company meetings
Yi, who is now the coCEO of Binance alongside its other chief Richard Teng, still uses the name Marge in meetings and chats. Source:CoinDesk
Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea
Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AIpowered payment models.…
Students want crypto classes but learn on social media: OKX survey
A separate review found only about 28% of accredited US business schools offered blockchain courses, despite strong demand in the OKX poll. Source:Cointelegraph
Dallas Fed warns tokenized deposits could strip $700 billion from U.S. banks' lending capacity
Programmable deposits and AI agents may enable instantaneous, automated bank switching for higher yields, driving up bank funding costs. Source:CoinDesk
Euro stablecoins get a mainstream push as Revolut begins rolling out EURR in Europe
Revolut said the stablecoin’s rollout will start with a select group of customers within Denmark, Poland, and Portugal. Source:CoinDesk
Japan targets early 2030s launch for blockchain-based stock and bond settlement system
Japan's regulators are racing to modernize national settlement systems to prevent institutional investors and foreign capital from fleeing to overseas markets.…
Live updates: Zcash pulls back 8% as its Grayscale ETF goes live, capping a 60% rally
The privacy coin's spot ETF began NYSE trading Tuesday, which was one of the catalysts behind its surge to an eightyear high. Now traders are selling the news,…
South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move
The $22 billion trading company worked with Olea and Intain on the transaction, following an Injective pilot with LG CNS last month. Source:CoinDesk
LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges
The trading infrastructure runs on LayerZero's Zero blockchain, backed by Citadel Securities with DTCC and ICE exploring institutional market applications.…
Bitwise turns Coinbase's tokenized stocks into automated AI, robotics and tech portfolios
The crypto ETF issuer is pushing deeper into onchain asset management as tokenization create new ways to build and manage investments. Source:CoinDesk
Crypto custody firm Copper has potential buyers. But offers are way below its $500 million asking price
Once valued at $2.5 billion, Copper was being marketed by investment bank Cantor Fitzgerald at around $500 million in May this year. Source:CoinDesk
Las Vegas businessman convicted in $24 million 'AI supercomputer' crypto Ponzi scheme
Brent Kovar has been found guilty of running a crypto Ponzi scheme, defrauding at least 400 investors out of $24 million. Source:CoinDesk