BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
The decision targets what the index provider classifies as crypto treasury firms, a category that has grown sharply since Strategy, formerly known as MicroStrategy, began accumulating Bitcoin as its core corporate strategy.
The EBA's decision marks a first for MiCA, the EU's sweeping crypto regulatory framework. No other stablecoin had previously earned the "significant" designation, making USDC the benchmark against which future e-money token classifications will be measured.
Blockchain security firm PeckShield flagged an on-chain incident in which a phisher allegedly drained $2 million in DAI from a wallet described as linked to Bofur Capital. The alert, posted to PeckShield's X account, adds to a growing tally of phishing-related losses hitting crypto addresses in 2026.
The appointment lands at a pivotal moment for Evernorth. The company completed its SPAC merger and brought a $473 million XRP position to Nasdaq , and has been building out its leadership team to match its institutional ambitions.
Ripple-backed Evernorth has completed its SPAC merger, landing on Nasdaq with a reported $473 million in XRP on its balance sheet. The deal marks one of the first times a publicly listed company has used a SPAC vehicle to bring a large XRP treasury to a major U.
Larsen co-founded Ripple and serves as its executive chairman, a role that has kept him at the center of some of the most consequential regulatory battles in crypto. His political giving puts real money behind what the industry has long claimed: that it intends to shape federal policy, not just react to it.
The five companies span a striking range of sectors. Strategy is the largest corporate holder of Bitcoin, making its inclusion a direct signal of crypto-adjacent exposure.
Standard Chartered plans to offer digital-asset custody services in Singapore, according to the bank's own announcement. The proposal is explicitly subject to regulatory approval, a condition also highlighted in CoinGape's report on the plan.
Paxos is expanding its digital asset infrastructure to include XRP, rolling out the offering to its network of partners and giving those platforms the rails they need to bring XRP products to their own users.
Circle, the company behind the USDC stablecoin, is facing public criticism after hiring a man who was charged by regulators with promoting an initial coin offering that authorities described as a scam.
Kraken's parent company Payward is integrating SGB-Net, a settlement network built on the Songbird blockchain, to enable instant finality for digital-asset trades, a move that puts pressure on crypto infrastructure to close the gap with traditional finance's clearing rails.
Nearly every dollar Circle earned in Q2 came from one source: the interest generated by the assets backing USDC. Reserve income supplied 95.