Crypto News
-
Iran launches ‘Hormuz Safe’ Bitcoin insurance platform for Strait of Hormuz shipping
Iran’s Hormuz Safe offers Bitcoin-settled insurance for Hormuz shipping, aiming for $10B revenue while testing US sanctions limits and spooking regulators and shippers. Summary Iran’s Ministry of Economy has launched “Hormuz Safe,” a Bitcoin-settled maritime insurance platform targeting vessels transiting the Strait of Hormuz and the Persian Gulf. The platform issues digitally verifiable insurance policies…
-
South Korea stablecoin race heats up as KB tests offline payments
KB Financial Group completed a proof of concept for a South Korean won-denominated stablecoin. Summary KB Financial tested won stablecoin issuance, offline QR payments, merchant settlement and Vietnam remittances. The Vietnam transfer finished in under three minutes and cut fees by about 87%. South Korea’s stablecoin rules remain unsettled as banks and fintech firms continue…
-
Standard Chartered turns Zodia into 2 crypto custody plays
Standard Chartered will acquire Zodia Custody’s regulated custody business and create a separate Zodia Solutions platform under SC Ventures. Summary Standard Chartered will integrate Zodia Custody’s regulated unit into its Financing and Securities Services business. Zodia Solutions will become a separate SC Ventures platform serving banks and other financial institutions. crypto.news earlier reported that the…
-
Crypto ETPs snap six-week streak with $1.07B outflow
Crypto investment products posted $1.07 billion in weekly outflows as investors cut Bitcoin and Ethereum exposure while keeping selective altcoin bets. Summary Crypto ETPs recorded $1.07 billion in outflows, ending six straight weeks of positive fund flows. Bitcoin and Ethereum led the exits, with $982 million and $249 million leaving funds. XRP and Solana bucked…
-
Web3 PR faces ‘press-release blindness’ as AI floods crypto media
Formula by Cointelegraph PR head Katerina Zemskova says AI-fueled content saturation has pushed Web3 projects to ditch rigid retainers and build founder-led, macro-aware narratives instead of generic press blitzes. Summary Formula by Cointelegraph says Web3 PR strategies are failing because AI-generated content has overwhelmed audience attention. Katerina Zemskova argues crypto firms should abandon rigid PR…
-
CoinEx’s crypto savings push in the age of falling DeFi yields
DeFi yields on blue-chip stablecoins now trail bank cash and tokenized Treasuries, forcing CoinEx to pitch Flexible Savings as a liquidity tool, not a rate stunt. Summary DeFi lending yields on blue-chip stablecoins have slipped below leading U.S. high-yield savings accounts, forcing CoinEx and other platforms to reposition crypto savings as part of a broader…
-
Ethereum treasury Bitmine adds 71,672 ETH as stash hits 5.28M
Bitmine Immersion Technologies added 71,672 Ethereum in one week, raising its holdings to 5.28 million ETH as the company moves closer to its 5% supply target. Summary Bitmine now holds 5.28 million Ethereum tokens, equal to 4.37% of total ETH supply. The company added 71,672 ETH in one week as prices traded below its cited…
-
Tether backs LemFi to push USDT remittances into Africa and Asia
Tether’s undisclosed LemFi investment wires USDT into African and Asian remittance corridors, swapping slow SWIFT transfers for near‑instant, low‑fee stablecoin settlement. Summary Tether has made a strategic, undisclosed investment in LemFi, a cross-border money transfer platform serving African and Asian diaspora users across the UK, US, Canada, and Europe. The partnership aims to integrate USDt…
-
Vitalik says AI‑assisted formal verification could be ‘final form’ of software development
Vitalik Buterin says AI‑assisted formal verification could be the “final form” of software, letting Ethereum ship ultra‑optimized code with machine‑checked proofs of correctness. Summary Vitalik Buterin argued that AI‑assisted formal verification may represent a “final form” of software development, where code is both highly efficient and mathematically verified. He highlighted applications across Ethereum’s core roadmap,…
-
AEON raises $8m to wire AI agents into 50m real-world merchants
AEON raised $8m led by YZi Labs to build an AI-native settlement layer, using its x402 protocol on BNB Chain to let agents pay 50m+ merchants via on-chain receipts. Summary AEON, an AI-native payment and settlement layer, has raised $8 million in a pre-seed round led by YZi Labs, with IDG Capital, HashKey Capital, Stanford…