Kraken launches crypto options with simpler USD-settled contracts

By Will Canny from CoinDesk Kraken has launched cash-settled bitcoin and ether options, positioning the product as the first step in a broader push to grow, rather than simply compete for, the crypto options market. The exchange on Thursday introduced European-style, USD-settled options on bitcoin and ether through Kraken Pro, initially via request-for-quote (RFQ). The

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Japan logistics giant plans JPYC payments for 2,300 partners

By Olivia Stephanie from crypto.news Japanese logistics group AZ-COM Maruwa Holdings plans to introduce the yen-backed JPYC stablecoin for payments to about 2,300 partner carriers and independent drivers, according to a Nikkei report. AZ-COM Maruwa brings JPYC into logistics payments AZ-COM Maruwa Holdings operates third-party logistics, transportation, warehousing and delivery services in Japan. Its planned

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OKX Europe opens USDT-to-USDC conversion route as MiCA rules tighten

By Lawrence Mondal from crypto.news OKX Europe has opened a one-way conversion route across 30 EU and EEA countries, allowing customers to deposit USDT and exchange it for MiCA-compliant USDC. According to an OKX announcement, eligible customers can send Tether’s USDT to their OKX Europe accounts before converting the tokens into Circle-issued USDC. OKX also

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Citadel Securities invests 00M in Crypto.com at 0B valuation

By Olivia Stephanie from crypto.news Citadel Securities has invested $400 million in Crypto.com, valuing the digital asset platform at $20 billion in its first institutional funding round. The deal brings together a leading U.S. market maker and one of the world’s best-known crypto exchanges. Crypto.com announced the investment on July 16. The company said it

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Eric Trump’s American Bitcoin sinks 95% as stake loses 00M

By Olivia Stephanie from crypto.news American Bitcoin shares have fallen more than 95% from their peak, according to Bloomberg, cutting over $600 million from the value of Eric Trump’s roughly 6% stake. The Bitcoin miner and treasury company reached a record low on Wednesday after months of selling pressure. ABTC closed at $6.13 on July

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EU prepares MiCA overhaul after US GENIUS Act

By Lawrence Mondal from Crypto.news The European Union has begun preparing changes to its Markets in Crypto-Assets (MiCA) framework after the United States enacted the GENIUS Act, with regulators expected to review stablecoin rules and other digital-asset provisions from 2027. According to a report published by Euronews on Wednesday, European Commission officials are preparing to

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Robinhood Chain challenges Base as daily transactions hit 7.6M

By Lawrence Mondal from Crypto.news Robinhood Chain has processed 7.6 million daily transactions just 11 days after its mainnet launch, narrowing the gap with Coinbase’s Base and intensifying competition among Ethereum layer-2 networks. According to on-chain data shared by MSBIntel and verified by Token Terminal, Robinhood Chain recorded 7.6 million transactions in a single day

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Robinhood Chain shocks DeFi as Uniswap volume hits 00M in 8 days

By Lawrence Mondal from crypto.news Robinhood Chain has recorded $500 million in daily Uniswap trading volume within just eight days of launch, lifting total value locked above $106 million and pushing the Arbitrum-powered network into the top ranks of decentralized finance activity. DeFiLlama data shows the network’s total value locked climbed to more than $106

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