Morpho Sees Record 5.59M Token Exodus From Exchanges
Key Highlights 5.59M MORPHO tokens left exchanges on August 13, marking the largest daily outflow since November 2024. MORPHO also recorded a 4.35 million-token outflow in July, marking another significant…
Tether Completes First Full Audit as KPMG Reviews 2025 Financials
Key Highlights KPMG U.S. completed Tether’s first full financial statement audit. The auditor issued an unqualified opinion on Tether’s 2025 financial statements. Tether reported $6.814 billion in excess reserves over…
SEC Crypto Task Force Meets WisdomTree on Tokenized Fund Rules
Key Highlights SEC Crypto Task Force staff met with WisdomTree and Thorn Run Partners on August 12 to discuss crypto asset regulation. Discussions covered tokenized fund markets, wallet onboarding for…
Derive Opens XRP Derivatives Trading Through Flare’s FXRP
Key Highlights XRP holders can now use FXRP as collateral to trade XRP options and perpetual futures on Derive. FXRP brings XRP into DeFi, allowing holders to use their XRP…
Franklin Templeton Gets SEC Relief for Blockchain Fund Custody
AI Summary Show Franklin Templeton’s blockchain-based custody plan gets SEC staff backing, paving the way for future digital asset growth and investment opportunities The SEC’s conditional relief sets a precedent…
Press Groups Sue Trump Over $100K Truth API and Crypto Prediction Bets
Key Highlights The Intercept and Freedom of the Press Foundation sued Donald Trump and White House officials over Truth Social’s paid Truth API. Truth API charges up to $100,000 a…
Crypto Council Urges OCC to Rethink Stablecoin Reporting Rules
Key Highlights CCI wants the OCC to make stablecoin reporting rules more targeted and practical. The group wants the OCC to focus on 1:1 reserve backing and use consistent reporting…
NEAR Token Jumps 5.89% to $1.65 as Trading Volume Increases
Key Highlights NEAR traded at $1.65, up 5.89% over 24 hours, while its market capitalization reached approximately $2.15 billion. Trading volume increased roughly 24% to nearly $187 million, indicating higher…
Fidelity Seeks SEC Approval to Add Staking to Ethereum ETF
Key Highlights Fidelity has asked the SEC to allow its FETH Ethereum ETF to stake up to 100% of its ETH holdings under normal conditions. The fund plans to keep…
MoneyGram Expands Solana Integration With Fiat Ramps API
Key Highlights MoneyGram Ramps is now available on Solana through the Solana Developer Platform. Developers can add fiat-to-crypto and crypto-to-fiat functionality through a single API. Cash deposits are supported in…