Category: Peer to Peer

Dubai’s DMCC has signed a strategic memorandum of understanding with Tether, the issuer of the USDT stablecoin, to expand collaboration in blockchain infrastructure, digital assets and tokenised finance, placing one of the world’s largest stablecoin operators deeper inside the emirate’s fast-growing digital trade ecosystem.The agreement, announced on 16 June, sets out a framework for Tether to work with DMCC on blockchain-based communication and payment infrastructure, advisory support for tokenisation, crypto payments and digital asset settlements. It also creates a pathway

Securitize has expanded its tokenised AAA CLO fund to Solana, adding a major blockchain venue to a product built with BNY for institutional structured-credit exposure.The Securitize Tokenized AAA CLO Fund, known as STAC, will now be available to eligible investors through Solana, with Ethena Labs planning a $250 million allocation. The commitment ranks among the largest planned deployments into tokenised structured credit on the Solana ecosystem and signals a broader shift by crypto-native finance platforms toward regulated, income-generating real-world assets.STAC

Ripple has joined Mastercard’s Agent Pay for Machines programme, placing its XRP Ledger and RLUSD stablecoin within a new effort to build payment rails for AI agents and other autonomous software systems that can transact without manual intervention.The move links one of the best-known blockchain payments companies with a global card network seeking to define how machine-to-machine commerce should work as artificial intelligence systems begin buying data, computing power, logistics services and digital tools on behalf of businesses. Mastercard launched

Morpho has secured $175 million from a group of heavyweight financial and crypto investors, strengthening its bid to turn decentralised lending into core infrastructure for global credit markets.The funding round was co-led by Paradigm, a16z crypto and Ribbit Capital, with participation from Apollo Funds, Circle Ventures, VanEck, Ledger Cathay, Variant, Wintermute Ventures, Prelude, IOSG, HashKey, Mirana, NJJ Capital, SBI Group and Bpifrance. The raise ranks among the largest private financings in decentralised finance and reflects a renewed institutional appetite for

Japan’s three largest banking groups are moving to jointly issue stablecoins by the end of the fiscal year to March 2027, setting up a coordinated push that could place regulated bank-backed digital money at the centre of corporate payments and cross-border settlement.MUFG Bank, Sumitomo Mitsui Banking Corporation and Mizuho Bank will establish a council to examine operating rules, governance, issuance procedures and systems needed for the launch. The initiative brings together the banking arms of Mitsubishi UFJ Financial Group, Sumitomo

Trad. Fi and W3 are preparing a $650 million private-credit programme aimed at moving equipment-financing loans for businesses onto public blockchain infrastructure, marking a fresh push to connect real-economy lending with automated capital workflows and tokenised settlement.The initiative targets a 48-month pipeline of lending assets tied to equipment purchases, with Trad. Fi originating credit and W3 providing artificial-intelligence agents to support risk assessment, due diligence and pricing. The programme is expected to focus on sectors including manufacturing systems, industrial electrical

Humanity Protocol suffered a sharp market collapse after a private-key compromise hit wallets linked to the Web3 identity project, draining more than $30 million and sending its H token down by nearly 90 per cent during Tuesday trading.The breach exposed a critical weakness in one of the fastest-rising digital identity ventures in the crypto market, where projects promise privacy-preserving proof of personhood but still depend on secure operational controls around bridges, liquidity pools and treasury-linked wallets. H fell from around

United States lawmakers have set out a package of digital asset tax measures aimed at reducing compliance burdens for crypto users while giving tax authorities clearer rules for staking, mining, stablecoins, trading losses and charitable donations.The House Ways and Means Committee has placed six numbered bills and a related discussion draft before a full committee hearing on digital asset taxation scheduled for June 9 at 2pm ET in the Longworth House Office Building. The hearing brings together senior tax and

Sahara AI’s SAHARA token suffered a steep sell-off on Tuesday after large on-chain transfers from wallets linked to the project triggered concern among traders, cutting the token’s value by as much as 60 per cent before a partial recovery.SAHARA fell from about $0.038 to an intraday low near $0.0129, then recovered to around $0.016 as heavy trading continued across major venues, including Binance. Turnover exceeded $250 million, a level far above the token’s market capitalisation at points during the session,

Michael Saylor’s attempt to frame bitcoin’s sharp fall as a rotation of capital into artificial intelligence has drawn a blunt challenge from Arca, which argues that the more immediate trigger was Strategy’s sale of 32 bitcoin to meet preferred stock dividend obligations.The dispute has turned a small transaction into a larger test of confidence in one of the market’s most influential bitcoin treasury companies. Strategy sold 32 bitcoin between May 26 and May 31 for about $2.5 million, at an

Coinbase and Cardless have moved to widen access to crypto-linked consumer credit by adding a stablecoin-secured version of the Coinbase One Card for applicants who cannot be approved on an unsecured basis.The product allows eligible Coinbase One members in the United States to pledge USDC held in, or purchased through, their Coinbase wallet as security for a credit card issued by First Electronic Bank and offered through Cardless. The card runs on the American Express network and is designed to

MetaMask has launched Agent Wallet, a self-custodial product designed to let AI agents trade and manage crypto activity while keeping users in control of funds, approvals and risk limits.The Consensys-owned wallet provider introduced the service on 8 June through a limited early-access programme, initially aimed at traders and developers testing autonomous finance tools. A wider rollout is planned over the coming months as crypto firms race to build infrastructure for software agents that can execute transactions, rebalance portfolios and interact

Citrini Research has placed Hyperliquid among its more compelling crypto ideas, arguing that the decentralised exchange stands apart from much of the digital asset market because it generates meaningful cash flow and channels a large share of trading fees into token buybacks.The research firm’s attention carries unusual weight after its February essay on artificial intelligence and market risk helped trigger a sharp sell-off across technology and consumer-facing stocks. Its new focus on Hyperliquid has drawn fresh scrutiny to a protocol

Citrini Research has placed Hyperliquid among its more compelling crypto ideas, arguing that the decentralised exchange stands apart from much of the digital asset market because it generates meaningful cash flow and channels a large share of trading fees into token buybacks.The research firm’s attention carries unusual weight after its February essay on artificial intelligence and market risk helped trigger a sharp sell-off across technology and consumer-facing stocks. Its new focus on Hyperliquid has drawn fresh scrutiny to a protocol

GenZVerse has completed a full burn of its liquidity provider tokens and moved core ecosystem contracts into a multisignature governance structure, positioning the Polygon-based Web3 project as it pushes ahead with plans for a broader “super app” model.The project said 100% of its LP tokens had been permanently burned, securing more than $170,000 in on-chain liquidity. LP tokens typically represent control over liquidity deposited into a decentralised exchange pool. Burning them removes the project’s ability to withdraw that liquidity, a

GenZVerse has completed a full burn of its liquidity provider tokens and moved core ecosystem contracts into a multisignature governance structure, positioning the Polygon-based Web3 project as it pushes ahead with plans for a broader “super app” model.The project said 100% of its LP tokens had been permanently burned, securing more than $170,000 in on-chain liquidity. LP tokens typically represent control over liquidity deposited into a decentralised exchange pool. Burning them removes the project’s ability to withdraw that liquidity, a

Bitcoin slipped below $60,000, extending a sharp retreat that has weakened confidence among bulls and underscored a broader shift in speculative capital towards artificial intelligence-linked equities, large technology listings and parts of the gold trade.The world’s largest cryptocurrency touched its weakest level since October 2024 after failing to hold support around $65,000, a level traders had treated as critical following last month’s attempted recovery. The latest slide left Bitcoin down by more than 30 per cent for the year and

Mastercard is moving deeper into blockchain-based settlement by adding regulated stablecoins and the XRP Ledger to a wider upgrade of its global payments infrastructure, marking a significant step in the effort to make card settlement operate beyond conventional banking hours.The payments group has outlined plans to expand settlement options for issuers and acquirers, including intraday, weekend and holiday processing in fiat currencies and on-chain card settlement using regulated stablecoins. The move is designed to give banks, financial technology companies and

Crypto markets were hit by a sharp wave of forced selling as about $155 million in leveraged long positions were liquidated within 60 minutes, deepening a broader sell-off that pushed Bitcoin and major tokens lower and exposed the risk built up across perpetual futures and margin trading platforms.The liquidation burst reflected a rapid unwinding of bullish bets after prices broke through key support levels, leaving heavily leveraged traders unable to meet margin requirements. Long positions are liquidated when exchanges automatically

Bitget has added 15 tokenised stocks and exchange-traded funds as eligible margin assets for futures trading, extending the role of equity-linked digital assets from spot exposure into collateral management inside its unified trading system.The change took effect on June 4, UTC+8, and applies to the exchange’s Unified Trading Account and Multi-Asset Mode for USDT-M Futures. It allows users to deploy selected tokenised equities and ETFs as collateral while maintaining futures positions, potentially reducing the need to convert those holdings into

Microsoft’s unveiling of its Majorana 2 quantum chip has intensified debate over how quickly Bitcoin and other digital assets must prepare for a post-quantum security era.The chip, presented at the company’s Build conference in San Francisco, marks the next stage of Microsoft’s long-running push to develop a fault-tolerant quantum computer based on topological qubits. Microsoft says the new processor delivers a sharp improvement over Majorana 1, with qubits that are far more stable and an average lifetime of about 20

ChangeNOW has been named Best Digital Assets Fintech at the BeInCrypto x Proof of Talk Institutional 100 Awards 2026, giving the non-custodial crypto platform fresh visibility as financial institutions deepen their involvement in blockchain-based services, tokenised payments and regulated digital asset infrastructure.The award was presented at a live ceremony at the Louvre Palace in Paris during Proof of Talk 2026, a two-day Web3 and digital finance gathering held on June 2 and 3. The event brought together senior figures from

Premu has launched user-created leveraged prediction markets ahead of the 2026 FIFA World Cup, positioning the tournament as a major test for decentralised event-trading platforms seeking to turn fan forecasts into liquid, tradable markets.The Stockholm-linked platform is allowing participants to create markets tied to World Cup outcomes, make them available for trading and receive a share of fees generated by activity in those markets. The model shifts part of the market-building role away from platform operators and towards users, giving

Goldman Sachs has joined Apex Group and Archax in launching a blockchain-native real estate fund, marking a fresh institutional test of whether tokenised structures can bring greater efficiency, transparency and transferability to a traditionally illiquid asset class without moving outside regulated fund frameworks.The Luxembourg-domiciled fund has been developed with LRC Group and Ownera, combining established alternative investment fund structures with on-chain issuance of fund units. The shares are being tokenised on GS DAP, Goldman Sachs’ distributed ledger platform, while LRC