News – Archive

Binance Finalizes $1 Billion SAFU Fund Conversion to Bitcoin
Binance completes final tranche of 4,545 BTC, wrapping up $1B SAFU conversion.
SAFU fund now holds 15,000 BTC valued at approximately $1.005 billion.
Exchange commits to rebalancing if value falls below $800 million.
Binance, the world’s leading cryptocurrency exchange, has successfully finalized the conversion of its $1 billion Secure Asset Fund for Users (SAFU) reserves into Bitcoin. The process concluded with the purchase…
Solana spot ETFs see $8.4 million in net inflows, strongest session in weeks
U.S.-listed spot Solana exchange-traded funds (ETFs) broke a two-day outflow streak on Tuesday, securing $8.43 million in net inflows. According to data from SoSoValue, this represents the highest single-day volume for the asset class since January 15, when the funds drew in $8.94 million. The positive momentum suggests that institutional buyers are increasingly viewing recent price dips as an attractive entry point for the layer-1 ecosystem.
Th…
LayerZero Labs Unveils ‘Zero,’ a Heterogeneous Layer-1 Targeting 2 Million TPS
LayerZero Labs has officially announced Zero, a new Layer-1 blockchain network scheduled for a fall 2026 launch.
The network utilizes a heterogeneous architecture and the Jolt zkVM to decouple transaction execution from verification, aiming for 2 million transactions per second per zone.
Heavyweight institutional partners including Citadel Securities, ARK Invest, and the Intercontinental Exchange (ICE) are collaborating on the project.
The ZRO…
CFTC clears path for national trust banks to issue payment stablecoins as collateral
The CFTC reissued Staff Letter 26-05 to include national trust banks as eligible issuers of payment stablecoins.
The guidance allows Futures Commission Merchants (FCMs) to accept these tokens as margin collateral for customer accounts.
The update aligns with the GENIUS Act of 2025, providing federal clarity for dollar-pegged digital assets.
Industry leaders like Circle and Ripple, which recently secured national trust charters, stand to benefi…

White House Stablecoin Yield Talks End in Impasse as Banks Demand Broader Ban
U.S. crypto and banking executives met at the White House on February 10, but failed to reach an agreement on stablecoin yields.
Banks circulated a principles document calling for a total ban on yields, exceeding the bill’s draft text.
Crypto representatives expressed optimism for future progress, while the issue may return to the Senate Banking Committee.
A closed-door White House meeting aimed at resolving a key sticking po…
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