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Hong Kong has priced its largest-ever digital bond sale at around HK$12 billion (approximately $1.5 billion), extending the city’s push to bring traditional fixed-income markets onto blockchain-based infrastructure. The Hong Kong Mortgage Corporation (HKMC) said on June 11 that it…
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KB Kookmin Bank has completed a $100 million blockchain-based digital bond sale, becoming the first South Korean bank to use distributed ledger technology for foreign currency fundraising. According to local media reports, the bank issued the two-year U.S. dollar-denominated bond…
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Circle has unveiled new privacy capabilities for its Arc blockchain, introducing a confidential smart contract engine designed to keep sensitive financial data hidden while preserving access for compliance and audit functions. In a June 10 announcement, Circle said the new…
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Ripple has launched a new developer toolkit for building AI-powered payment applications on the XRP Ledger, adding support for x402 payments using XRP and RLUSD as interest in agentic transactions continues to grow. According to Ripple, the newly released XRPL…
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Ant International has weighed a $1 billion fundraising round at a valuation of at least $10 billion as the Singapore-based fintech unit posts eight straight quarters of profitability and expands its cross-border payments business. According to Bloomberg, Ant Group’s overseas…
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Charles Hoskinson says Cardano's four pillars can cut global trust costs, but weak ADA prices and falling TVL now test the wider vision too.
Markets
Cardano’s ADA fell below $0.20 on June 4, 2026, its lowest price in more than five years. The token is down roughly 70% over the past year and more than 93% from its 2021 all-time high of $3.09. The market-wide…
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TapTools has announced plans to wind down within the next two weeks after losing its fifth senior executive this year, adding to mounting pressure across the Cardano ecosystem following recent governance disputes and project closures. According to a statement published…
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Cardano Foundation and Brazil’s Olympic Committee start a three-year blockchain, AI and IoT plan for identity, fans and governance.
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Ripple brings RLUSD to Türkiye through BiLira, Bitexen and Bitlo as the stablecoin tops $1.7B market cap less than one year after launch.
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Citi sees tokenized securities rising to $5.5T by 2030, with Treasuries, stocks and stablecoin demand driving Wall Street on-chain adoption.
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The story was updated with a quote from Charles Cascarilla. Paxos has received approval from the U.S. Securities and Exchange Commission to operate a blockchain-based clearing agency, becoming what the company says is the first blockchain-native firm authorized to provide…
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Sui blockchain stalled on May 28, halting block production and sending the SUI token down 8%. Sui blockchain suffered a network stall on May 28, halting block production across its mainnet. The SUI token dropped about 8% as the disruption…
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SoFiUSD launches in SoFi app for 14.7M members, with Ethereum, Solana, tokenized deposits, Bullish and 24/7 transfers next for users in May.
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Evernorth says legacy banking rails lag modern tech as its XRP treasury strategy, Nasdaq plan and XRPL use keep institutions focused in 2026
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Solana privacy protocol Umbra has partnered with Streamflow to launch confidential vesting for the $97 billion token unlock market. Umbra, the Solana-native financial privacy layer built on Arcium’s encrypted execution engine, has launched confidential vesting in partnership with Streamflow, the…