Sky has reported $30.8 million in September gross revenue and its first 2.86 million SKY token burn, alongside Galaxy’s $100 million sUSDS treasury allocation. Summary Sky’s September gross revenue reached $30.8 million, up 49.7% from a year earlier. Galaxy allocated $100 million to sUSDS and approved the token as institutional loan collateral. Sky completed its

Franklin Templeton has registered two Bitcoin dividend reinvestment ETFs for Nasdaq trading, bringing the $1.8 trillion asset manager closer to launching funds that automatically convert stock dividends into Bitcoin exposure. Summary Franklin Templeton has registered two Bitcoin DRIP ETFs for Nasdaq trading under the proposed tickers FBEQ and FIBT, although a launch date has not

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SHR Miner (SHR FINANCE LIMITED) was established on October 24, 2018, and is headquartered in the United Kingdom. This month, we are honored to celebrate our 8th anniversary alongside all our users—both new and

Singapore has brought Malaysia and Thailand into its BLOOM initiative, bringing three Southeast Asian central banks together to develop common approaches for cross-border transactions involving regulated stablecoins and tokenized bank deposits. Summary Malaysia and Thailand’s central banks have joined Singapore’s BLOOM initiative to coordinate cross-border digital money settlement. Ripple, Mastercard, Maybank and other major payment

Solana’s staking network has shown significant geographic concentration, with 72.8% of delegated SOL assigned to validators operating in Europe, according to new research from Bitwise. Summary Bitwise found that European validators account for 72.8% of Solana’s staked SOL, highlighting geographic concentration. North America holds 16.2% of delegated SOL, followed by Asia at 10.6% and South

The UK’s Financial Conduct Authority has opened two consultations to clarify how decentralized finance businesses will be regulated and which crypto activities could qualify for exemptions when the country’s new framework takes effect in October 2027. Summary The UK FCA has opened two consultations covering DeFi compliance requirements and exemptions from its upcoming crypto regulatory

Casa chief security officer Jameson Lopp has urged Bitcoin holders not to abandon self custody in favor of ETFs and third party custodians following a series of cryptocurrency wallet security incidents. Summary Jameson Lopp has urged Bitcoin holders not to abandon self custody despite. Lopp warned that Bitcoin ETFs and third party custodians do not

Zcash Foundation has released Zebra 7.0.0 with NU7 mainnet support, telling node operators to upgrade before block 3,543,405, expected around Nov. 5. Summary Mainnet operators must upgrade before activation to remain on the consensus chain. Zebra 6.4.x releases are scheduled to stop operating days before the upgrade. NU7 introduces 25-second blocks while preserving the scheduled

J.P. Morgan Asset Management has brought two tokenized money market funds, MONY and JLTXX, to Solana for qualified U.S. investors through its Morgan Money platform. Summary MONY and JLTXX give qualified U.S. investors access to tokenized fund shares on Solana. MONY’s existing FAQ lists a $1 million initial investment minimum and offchain shareholder records. JLTXX’s

Reflect has launched Create on Solana, offering users a way to issue a branded yield-bearing stablecoin in one transaction and choose how interest is divided among holders. Summary Create lets users launch branded tokens and choose how interest is shared. Reflect names Offside Labs and Adevar Labs as auditors of its program infrastructure. Collateral eligibility