Metaplanet buys another $170 million of bitcoin expanding treasury to 43,000 BTC

SummaryMetaplanet purchased an additional 2,823 BTC, increasing its total holdings to 43,000 BTC.The companys Bitcoin Income Generation business reported approximately US$10.85 million (JPY 1.747 billion) in Q2 revenue and US$29.30 million (JPY 4.717 billion) for the first half of FY2026.  (3350) announced the purchase of an additional 2,823 BTC ($170.7 million), bringing its total treasury to 43,000 BTC ($2.6 billion).  The acquisition cements the Tokyo listed firm as the third largest publicly traded company holding bitcoin, trailing only Strategy MSTR) and Twenty One Capital (XXI), according to data tracked by Bitcoin Treasuries.  Alongside the bitcoin purchase, the company released its second quarter FY2026 results for its . The division generated approximately 1.75 billion yen ($10.85 million) in operating revenue during the quarter, taking first half revenue to approximately 4.72 billion yen.  Metaplanet uses bitcoin options to generate recurring income while expanding the companys bitcoin holdings. On a trailing 12-month basis, revenue reached approximately 11.4 billion yen.  The latest results reinforce Metaplanets dual strategy of aggressively accumulating bitcoin while generating recurring cash flow from its Bitcoin Income Generation business.

07-02Industry

Taiko fully restores cross-chain bridge just 10 days after a $1.7 million hack

SummaryTaiko has reopened its Ethereum layer-2 cross-chain bridge just 10 days after a $1.7 million exploit.The protocol completed a multi-stage recovery that included an independent security review.All affected users have been made whole, the protocol said.  Ethereum layer-2 scaling network Taikos cross-chain bridge is back online, just 10 days after the June 22 hack.  The protocol halted operations after the attack, which stemmed from a compromised SGX signing key mistakenly exposed on GitHub. The flaw enabled an attacker to forge withdrawal proofs, draining roughly $1.7 million from the bridge and ERC20 Vault contracts.  Bridge exploits involving exposed keys remain a persistent challenge in crypto, with hundreds of millions lost industry-wide in 2026. However, Taikos quick recovery stands out, with every user made whole in less than two weeks.  “The bridge is open,” Taiko announced on X on Thursday. “You can move funds to and from Taiko again. Our response is complete: the network is fully restored and every user is whole. Any limits in place wont affect normal use. A reminder: well never DM you first, and theres no claim site. Only trust this account,” it added, promising to publish a full post-mortem of the incident soon.  Taikos restoration of the bridge is the result

07-02Industry

JPMorgan says Strategy's bitcoin sales policy adds 'two-way risk' to crypto markets

Strategy has become one of the largest corporate holders and buyers of bitcoin, with 847,363 BTC on its balance sheet. Its aggressive accumulation strategy has made the company a major source of demand for the cryptocurrency, meaning any shift toward selling the digital asset, even occasionally, could influence market liquidity, price dynamics and investor sentiment by introducing a new source of supply.  Demand for U.S. spot bitcoin exchange-traded funds (ETFs), the largest source of institutional crypto buying since their 2024 debut, has weakened sharply in recent months. The funds saw a record $4 billion in net outflows in June after a 13-day redemption streak pushed year-to-date flows into negative territory for the first time.  The bank said bitcoin came under pressure in late May and early June after Strategy disclosed in a June 1 regulatory filing that it sold 32 BTC between May 26 and May 31 to fund dividend payments. The sales compounded pressure from a broader repricing of Federal Reserve interest-rate expectations that had already weighed on bitcoin and gold.  JPMorgan noted that Michael Saylors Strategy has become one of bitcoins largest buyers, purchasing roughly $13.7 billion worth of the cryptocurrency year to date, about 70% of the banks estimate for

07-02Industry

Solana launches onchain governance and sets entry fee at 100,000 SOL staked

A separate, older track called a Solana Improvement Document, or SIMD, handles the follow-up: “Okay, how exactly do we do it?” – the technical details reviewed by the networks core developers.  A yes on an SGP is a clear signal to proceed, with the engineering work that follows written up as one or more SIMDs.  The vote does not open automatically, however. A proposal has to first clear a support threshold of 15% of active stake before it moves to a ballot, a gate meant to keep the network from voting on matters few actually care about while letting core developers keep shipping routine changes without a referendum on each one.  Once that threshold is met, the process runs on a fixed schedule measured in epochs, the roughly two-day periods Solana uses to organize its operations.  To pass, a proposal needs a supermajority, at least two-thirds of the stake voting for or against it, with abstentions left out of the math. There is no minimum turnout requirement.  What really stands out is that the system gives more power directly to delegators – the everyday users who stake their SOL with validators rather than running nodes themselves and collect staking rewards.

07-02Industry

XRP edges higher as whale activity rises while retail traders stay cautious

• The main breakout came at 03:27 UTC, when XRP pushed through $1.0560 on volume of 5.34 million, a 1,433% jump from the preceding hourly average.  • Buying continued through the 03:27-03:53 UTC window, with total volume of 11.31 million as price reached a session high near $1.0665.  Technical Analysis  • The key development is that XRP continues to build higher lows above the $1.00 support area, with $1.0318 and $1.0410 forming the base of the latest recovery attempt.  • The breakout above $1.0560 improved the short-term structure, but the move still needs follow-through above $1.0665 to avoid turning into another range-bound bounce.  • Volume was strong during the breakout window, but 24-hour activity was only 5.95% above the seven-day average, which keeps the broader move from looking like a full trend shift.  • XRP remains below major moving averages, with the 20-day EMA near $1.11, the 50-day near $1.20, the 100-day near $1.31 and the 200-day near $1.52.  • Momentum has improved from oversold levels, but RSI near 33 and negative Chaikin Money Flow show that buyers still have not fully regained control.  What traders should watch  • $1.0560-$1.0590 is the immediate breakout zone bulls need to defend.  • $1.0665 is the first resistance level after capping the latest

07-02Industry

UK payments blueprint outlines tokenized payments for ‘multi-money ecosystem’

UK regulators are calling for tokenization and “new forms of digital money” to be part of the core infrastructure of the countrys future retail payment ecosystem.  In a Thursday update to the governments roadmap for modernizing retail payment systems, HM Treasury on behalf of the Payments Vision Delivery Committee said that including tokenization and digital money would advance its efforts to create a “diverse multi-money ecosystem.”  “Programmable payments, including those that rely on tokenization,” were named as potential “product-level arrangements” that may support payment innovation in the country, the agency update said.  The update of Novembers National Payments Vision document calls for infrastructure that enables emerging forms of digital money to interact with traditional payment systems.  The UKs Financial Conduct Authority (FCA) earlier this week published its landmark crypto regulatory framework and said that the licensing window for crypto companies will open from September until Feb. 28, 2027, before the regime goes live on Oct. 25, 2027.  Under that framework, cryptocurrency firms, including trading platforms, custodians, stablecoin issuers, staking companies and other intermediaries, must obtain FCA authorization to operate in the UK under the new framework.  Illustrative diagram of roles and responsibilities outlined in Payments Vision Delivery Committee update. Source: HM TreasuryUK plans payments overhaul to

07-02Industry

Standard Chartered, Circle bring USDC minting onto banking rails

Standard Chartered and USDC issuer Circle have developed a system that lets institutional clients mint and redeem the USDC stablecoin through a bank-led onboarding process.  Standard Chartered said Thursday it is the first Global Systemically Important Bank (G-SIB) to offer such services for USDC, bringing stablecoin access into the same risk, compliance and governance frameworks used in traditional banking. Clients will be able to mint and redeem the US dollar-backed stablecoin directly through StanCharts platform instead of opening separate accounts with Circle.  “By embedding USDC access directly within Standard Chartereds institutional offering, Standard Chartered will bring together banking, custody, and digital asset services within one integrated offering,” the announcement said. The initial rollout will be through the Dubai International Financial Centre (DIFC).  The collaboration comes as stablecoin infrastructure is increasingly integrated into traditional banking systems, as issuers and financial institutions compete to control how digital assets such as USDC are distributed and accessed.Source: Circle on X.com  The capability supports institutional use cases such as onchain settlement, treasury, and liquidity management, while also providing the infrastructure to support payment-related use cases in the future.  Initial rollout via Dubai International Financial Centre  While the service is initially rolling out through Standard Chartereds operations in the DIFC, the bank

07-02Industry

Aave brings V3 lending and GHO stablecoin to Monad

Decentralized finance (DeFi) platform Aave has deployed its V3 lending protocol on Monad, expanding the layer-1 blockchains lending ecosystem with support for 12 assets at launch.  On Thursday, Aave announced that the initial market supports USDT0, USDC, Aaves GHO stablecoin, USDe, mUSD, AUSD, WETH, cbBTC, wstETH, weETH, syrupUSDC and sUSDe. It is also Aaves first deployment with Chainlink Smart Value Recapture enabled from day one, allowing part of the value generated from liquidations to be redirected back to the protocol.  The deployment expands Aave‘s multichain lending network while giving Monad users and developers access to an established borrowing market, Aave’s GHO stablecoin and liquidity incentives intended to support early adoption.  Monad is compatible with Ethereum‘s application environment, allowing existing Solidity contracts and Ethereum tooling to be used with minimal changes, according to Aave’s governance proposal.Monads total value locked as of Thursday. Source: DefiLlama  Aave deployment tests Monads liquidity ambitions  Aaves governance documents show that the Monad Foundation committed $15 million in incentives during the first 12 months after activation. The foundation also agreed to acquire and retain 10 million GHO for over six months, while Aave DAO committed another 500,000 GHO in incentives to support adoption on Monad.  These incentives could help establish initial liquidity. However,

07-02Industry

Is OpenUSD the answer to bank push back on CLARITY? Hints stablecoin yield concessions will fail

Open Standards Open USD is trying to make the stablecoin yield fight about distribution before the token is live.  The company announced Open USD on June 30 as a stablecoin for global money movement. Its headline feature is a reserve-sharing model: businesses can mint and redeem at no cost, without artificial volume caps, while partners receive reserve earnings minus a small management fee.  Open Standard also says Open USD will be operated by an independent company with partner-led governance. Founding CEO Zach Abrams framed the product as a stablecoin built by and for the businesses that will use it.  Open USD has yet to show live supply, redemption history, reserve attestations, or a visible place in stablecoin market tables. It is expected to launch later in 2026.  Even so, its stated design points directly at the most contested part of the stablecoin business: reserve economics.  If U.S. rules limit passive yield to stablecoin holders, Open USDs bet is that the fight moves elsewhere. Instead of paying users to sit on tokens, the economic value can flow to merchants, payment processors, wallets, exchanges, marketplaces, DeFi venues, and other companies that drive transaction volume.  Open USD puts distribution at the center  Open Standards pitch is simple in public but

07-02Exchange

Standard Chartered Offer Direct USDC Minting and Redemption Service for Institutional Clients

In briefStandard Chartered has become the first Global Systemically Important Bank (G-SIB) to offer institutional clients direct access to mint and redeem USDC.The service, launching first through the banks Dubai (DIFC) operations, targets uses like on-chain settlement, treasury, and liquidity management, with payment features planned later.The launch is the first phase of a broader global stablecoin strategy, with Standard Chartered planning to expand to other markets pending regulatory approval.  Standard Chartered announced Wednesday that it has launched a service allowing institutional clients to mint and redeem USDC, the stablecoin issued by Circle Internet Group, directly through the bank rather than opening separate accounts with the crypto firm.  The bank said the launch makes it the first Global Systemically Important Bank licensed to offer institutional clients integrated access to USDC minting and redemption through a single onboarding and service experience, without requiring clients to hold direct accounts with Circle.  The designation places Standard Chartered, one of roughly 30 banks worldwide deemed critical enough to the global financial system to face heightened regulatory scrutiny, at the forefront of banks moving to fold stablecoins into mainstream institutional finance.  The service, developed with Circle, is designed to let institutions move value across traditional and digital financial ecosystems with

07-02Industry
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