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NFL Urges CFTC to Tighten Rules on High-Risk Sports Prediction Contracts
Psalion Launches $50M Blockchain Venture Fund
Digital asset investment firm Psalion has launched its third venture fund, a $50 million vehicle structured as a Singapore VCC and managed by MAS-licensed Conduit Asset Management. The fund will focus on seed and early-stage investments in infrastructure, middleware, trade finance, real-world assets (RWAs), stablecoins, and DeFi. Psalion also announced its first investment, leading a $4 million round in Beezie, a platform bridging physical collectibles with on-chain digital twins. The fund is open to accredited investors only.
SOLBlockchain InfrastructureReal World AssetsSingapore VCC1 hours ago
Kraken Parent Acquires Wallet Business Serving 60 Million Users
Payward, the parent company of Kraken, has signed a definitive agreement to acquire the embedded wallet business of Magic Labs. The business powers over 60 million wallets, processes over $10 billion in stablecoin transaction volume, and serves more than 200,000 developers. Payward plans to integrate Magic's technology into its B2B platform Payward Services, offering self-custodial wallet solutions for banks, fintechs, exchanges, and on-chain applications. Post-acquisition, Magic Labs will rename to Newton Labs, focusing on its on-chain transaction policy and authorization system, Newton Protocol.
ETHWallet-as-a-ServiceEmbedded WalletNon-custodial2 hours ago
Tori Brings Institutional Trades On-Chain, Fills $50M Before Launch
Tori Finance is a protocol that brings institutional-grade delta-neutral strategies on-chain, generating 12% annualized returns independent of crypto cycles by executing carry trades in global money markets (borrowing low-interest currencies, depositing in high-yield markets, and hedging FX risk). It issues a synthetic dollar trUSD on Ethereum and its staked version strUSD, an ERC-20 token composable with DeFi protocols like Morpho, Pendle, and Curve. Tori filled its $50M pre-deposit cap before launch, with RockawayX as risk curator and anchor LP, audits by Sherlock and Nethermind, and real-time on-chain balance sheet verification using zero-knowledge proofs.
ETHDelta-neutral strategyInstitutional yieldReal World Assets15 hours ago
Bitmine Nears Goal of Controlling 5% of Ethereum Supply With $11.8 Billion Treasury
BitMine Immersion Technologies has increased its Ethereum holdings to 5.79 million ETH, worth approximately $11.3 billion, representing 4.8% of the circulating supply. The company is expanding its staking operations through the MAVAN platform, expecting annual staking rewards of around $299 million. BitMine has also accelerated its share buyback program and views the rising ETH/BTC ratio as a signal of crypto price strength.
ETHinstitutional investmentEthereum treasuryShare Buyback16 hours ago
Circle Acquires IBM's Blockchain Patent Portfolio, Becoming America's Largest Holder
Circle has acquired over 680 patent families and nearly 1,000 issued blockchain patents from IBM, making it the largest holder of blockchain patents in the U.S. The portfolio covers banking, insurance, enterprise infrastructure, supply chain verification, and secure cloud operations. Circle plans to apply these patents to USDC, the Circle Payment Network, Arc blockchain, and AI-driven financial tools. The acquisition strengthens Circle's intellectual property position in building internet-based financial systems, though IBM still supports USDC's main competitor.
USDCintellectual propertyPatent Acquisitionblockchain patents16 hours ago
Circle Acquires Nearly 1,000 IBM Blockchain Patents
Circle Internet Group has acquired over 680 patent families (nearly 1,000 granted patents) from IBM, covering blockchain, payments, banking, insurance, supply chain, and cloud systems. This acquisition makes Circle a leading holder of blockchain patents in the U.S., supporting its USDC, payment network, Arc, and agentic finance products. The transaction amount was not disclosed, and Circle and IBM plan to explore further commercial collaboration.
USDCBlockchain InfrastructurePatent AcquisitionAgentic Finance18 hours ago
Bitcoin ETFs See $465M Outflow in Two Days, Led by BlackRock's IBIT
U.S. spot Bitcoin ETFs experienced net outflows of $465 million over two consecutive days, reversing a seven-day inflow streak. Analysts attribute the shift to escalating U.S.-Iran tensions, oil prices surpassing $100, and rising expectations of a Fed rate hike. BlackRock's IBIT fund accounted for the majority of the outflows. Despite the significant outflows, the week overall still saw net inflows. Market sentiment has turned cautious, with institutional investors reducing short-term Bitcoin exposure.
BTCGeopolitical TensionsBlackRock IBITMacro Jitters20 hours ago
Ethereum Volume Surges 163%: Three New Whales Accumulate 25,425 ETH
Ethereum shows signs of whale accumulation as three new wallets purchased 25,425 ETH (worth ~$50.04 million DAI) within two hours at an average entry price of $1,968. This suggests institutional or sophisticated investors are building new positions, potentially indicating a medium-term bottom. Technically, ETH has reclaimed the 20-day and 50-day EMAs and is testing the 100-day EMA resistance at $1,935–$1,970. A daily close above this level could target the 200-day EMA at $2,180. RSI at 60+ in neutral territory suggests room for upside. Overall sentiment is cautiously optimistic.
ETHInstitutional buyingWhale AccumulationTechnical Analysis21 hours ago
Stablecoin Card Program Lead Connor Fitzgerald Departs Stripe
Connor Fitzgerald, who led Stripe's stablecoin card program, has left the company after building its global stablecoin card initiative. He joined Stripe following its acquisition of Bridge, where he established sponsor bank and card network partnerships, scaling the program from scratch to over 100 markets and achieving the first stablecoin settlement process in the US. His departure comes as Stripe continues to expand its regulated stablecoin payment infrastructure through Bridge.
ETHstablecoin cardpartnershipsAcquisition2026-07-27
Forget Bitcoin? 3 Reasons Why Ethereum Is Ready to Steal the Spotlight in Summer 2026
The article analyzes that Ethereum's long-term downtrend against Bitcoin may be ending, citing three reasons: a reversal pattern on the ETH/BTC chart, Ethereum's dominance in real-world asset tokenization with $17.1 billion in tokenized value, and three consecutive weeks of net inflows into spot Ethereum ETFs, reaching $103.9 million last week. These factors suggest a shift in market sentiment, positioning Ethereum for a rally in summer 2026.
BTCinstitutional investmentTechnical Analysistokenization2026-07-26