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Dunamu and Visa Launch Exploratory Stablecoin and AI Partnership
Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit, has entered a strategic partnership with Visa to investigate stablecoin payments, cross-border remittances, and AI-driven financial services. The agreement, signed by Visa’s Asia-Pacific entity, sets a research framework but stops short of a firm product launch or technical commitment.
Stephen Tapley Joins Mediolanum to Lead High Yield Expansion
With nearly two decades of experience in sub-investment grade credit markets, Stephen Tapley has been named deputy head of high yield at Mediolanum International Funds Limited. He joins the firm’s 72-member investment team in Dublin to bolster the group’s internal management of high-yield strategies and long-term performance.
FGA Trust Targets Japanese Wealth with New Tokyo Hub
With Japanese household financial assets swelling to a record $15 trillion, Hong Kong-based FGA Trust is planting a flag in Tokyo. The firm, a licensed trust and corporate services provider, is opening a representative office to capture the growing demand from high-net-worth families and local business owners.
SEC Targets 38 Entities Over Fraudulent Investment Adviser Filings
The U.S. Securities and Exchange Commission has launched a massive enforcement action against 38 entities, accusing them of filing falsified documents to masquerade as legitimate investment advisers. The regulator alleges these firms exploited public filing systems to gain credibility and target retail investors across the United States.
Evernorth sets September 30 vote for Nasdaq-listed XRP treasury merger
Shareholders of Armada Acquisition Corp. II will decide the fate of a proposed merger with Evernorth Holdings on September 30. The U.S. Securities and Exchange Commission recently cleared the path for this vote by declaring the company’s registration statement effective, moving the firm closer to a potential Nasdaq debut under the ticker XRPN.
BitGo Absorbs NYDIG Trading Unit to Expand Institutional Reach
BitGo finalized its acquisition of NYDIG’s institutional trading business on August 27, absorbing approximately 30 employees and a suite of capital market services. The deal allows the company to integrate derivatives, structured products, and financing into its existing custody and settlement platform, marking a pivot for both firms.
Ledger disputes OneKey hack claim over patched Ethereum app flaw
Hardware wallet manufacturer Ledger has rejected claims of a successful hack after security researchers from OneKey reproduced a transaction replacement bug in an outdated version of its Ethereum application. Ledger maintains the vulnerability was already addressed through software updates before the researchers publicly demonstrated the exploit in a laboratory setting.
US Nears Loss of Measles Elimination Status Amid Vaccine Policy Shift
Public health officials have signaled that the United States is on the brink of losing its measles elimination status, a regression experts attribute to the influence of Health and Human Services Secretary Robert F. Kennedy Jr. and a broader surge in vaccine-averse policies across the country.
Calls for Criminal Probe Mount Against RFK Jr. Over Samoa Testimony
U.S. Health and Human Services Secretary Robert F. Kennedy Jr. faces demands for a criminal investigation following evidence that contradicts his Senate testimony regarding a 2019 trip to Samoa. Newly surfaced documents link the visit to vaccine-related activities, despite his repeated claims under oath that the trip involved no such work.
Fossil Fuels Are Supercharging 'Godzilla' El Niños
Human-driven global heating is fundamentally altering the Pacific Ocean’s El Niño-Southern Oscillation, transforming naturally occurring climate cycles into intensified, destructive events. New research published in the journal Science indicates that the current 'Godzilla' El Niño is part of a trend of increasingly extreme weather patterns linked to industrial warming.
New Jersey AI Data Center Faces Scrutiny Over Unpermitted Generators
A thermal drone survey has captured the Microsoft-backed DataOne facility in Vineland, New Jersey, running 45 gas-powered generators simultaneously. The investigation by Floodlight and The Guardian suggests these units are operating without required permits, potentially violating federal law while venting pollutants near two local schools.
Genius Group Targets $1.6B Treasury Expansion via Preferred Securities
Genius Group is looking to raise capital through perpetual preferred securities to bankroll an ambitious $1.6 billion expansion into Bitcoin and artificial intelligence. The NYSE American-listed firm aims to build an $827 million Bitcoin treasury alongside an $800 million AI portfolio by fiscal 2031, utilizing a new financing model.
Aave V4 Deposits Surge to $806 Million
Aave V4 deposits climbed 30% over the past week, hitting a record $806 million as the protocol’s new hub-and-spoke architecture gains traction. The rapid growth, which saw capital supply double in under four weeks, underscores a shift in how users deploy assets across the platform’s specialized lending markets.
Mirae Asset Bets $109 Billion on Digital Asset Expansion
South Korean financial giant Mirae Asset is pivoting toward a massive $109 billion digital asset strategy, aiming to bridge traditional finance with tokenized commodities and securities. Chairman Park Hyeon-joo outlined the ambitious roadmap this week, positioning the newly rebranded exchange, Digital X, as the engine for this transition.
Trump-linked crypto ventures leave investors with $4.7 billion in losses
Investors in crypto projects tied to President Donald Trump’s family have seen their holdings plummet, resulting in at least $4.7 billion in combined losses. While retail buyers absorbed the brunt of the market decline, Trump himself generated approximately $1.4 billion in income from these ventures throughout 2025.
Civil Rights Groups Challenge Trump Administration Over Mail-In Voting
A coalition of civil rights organizations filed fresh claims in federal court on Thursday, escalating their legal battle against the Trump administration’s efforts to restrict mail-in voting. The lawsuit targets the alleged weaponization of the U.S. Postal Service under the guise of combating voter fraud.
Polish Olympic Chief Arrested in Zondacrypto Fraud Probe
Radosław Piesiewicz, head of the Polish Olympic Committee, faces criminal charges linked to the collapse of the Zondacrypto exchange. Prosecutors allege the official leveraged insider information to secure his personal assets while thousands of platform users saw their funds frozen, leaving estimated total losses exceeding 350 million zlotys.
Stellar’s $3B Tokenized Asset Market Struggles to Ignite DeFi
While Stellar has successfully attracted over $3 billion in tokenized real-world assets, the network’s decentralized finance protocols have yet to mirror this growth. With only $2 million currently utilized in lending pools capable of accepting these assets, the gap underscores a persistent friction between traditional finance and onchain utility.
Senate Democrats Push for Accountability on West Bank Settler Violence
A group of Senate Democrats announced a privileged resolution Thursday demanding the Trump administration disclose details regarding the deaths of nine US citizens in the Israeli-occupied West Bank, citing a persistent lack of justice for victims and increasing instability caused by extremist settler violence.
Trump’s 'Lake America' Rebranding Draws Widespread Ridicule
As the U.S. economy falters and trade tensions with Canada escalate, President Donald Trump has prioritized an executive order to rename Lake Ontario to "Lake America." The move, finalized in the Oval Office on Thursday, has sparked sharp backlash from political opponents and officials who labeled the rebranding an absurd distraction.
Bitcoin’s 22% Rally Faces Critical Test of Sustained Demand
Bitcoin’s recent 22% surge, sparked by a U.S. Treasury announcement regarding long-term bond buybacks, now faces a structural turning point. As the initial macro-driven momentum cools, market analysts are scrutinizing whether spot demand and ETF inflows can maintain the price floor before the program officially begins on September 9.
Ethena Proposes Aggressive Buyback Plan to Revive ENA Value
Ethena is pivoting its economic model, proposing that 95% of net revenue be funneled into ENA buybacks once the USDe stablecoin supply hits a $7.5 billion threshold. The protocol is also moving to eliminate monthly investor token unlocks, aiming to stabilize the asset as it seeks to decouple from Ethena Labs equity.
Trump’s Portfolio Swells as Iran Conflict Drives Energy Profits
President Donald Trump executed over 1,000 stock transactions during June, a period marked by the volatile escalation of his military engagement with Iran. New financial disclosures reveal the president holds significant stakes in energy giants that have seen their market valuations surge alongside rising global oil prices.
Mantle Network Accumulates $880 Million in Stablecoins and Tokenized Assets
Mantle has reached an $880 million milestone in total value, driven by a diversified expansion into tokenized equities, U.S. Treasuries, and yield-bearing assets. The network’s growth highlights a strategic pivot toward integrating real-world financial instruments directly onto its blockchain infrastructure, moving beyond simple transactional use cases.
US Households Face $3,800 Surge in Living Costs Under Trump
The average American household has been forced to absorb an additional $3,800 in expenses for housing, groceries, and utilities during President Donald Trump’s second term. According to a new analysis from the congressional Joint Economic Committee, this financial strain stems from a combination of tariffs, energy price hikes, and policy shifts.
FIFA President Faces Criminal Probe Over Failed Kushner-Linked Deal
Attorneys for the Union of European Football Associations have initiated legal action in U.S. courts, signaling a potential Swiss criminal investigation into FIFA president Gianni Infantino regarding a controversial proposal to sell off a significant portion of the organization’s commercial rights to private investors.
FIFA Faces Backlash Over Inaugural Peace Prize Awarded to Trump
After failing to secure the Nobel Peace Prize, Donald Trump accepted the first-ever FIFA Peace Prize on Friday, sparking immediate condemnation from human rights groups and critics who view the accolade as a hollow gesture from an organization long plagued by its own corruption and bribery scandals.
Jamie Raskin Launches Probe into 1789 Capital Over Trump Jr. Ties
Representative Jamie Raskin, the top Democrat on the House Judiciary Committee, has launched a formal investigation into 1789 Capital, the venture firm where Donald Trump Jr. serves as a partner. Raskin alleges the firm’s rapid ascent from $150 million to $3 billion in assets signals potential corruption and improper insider influence.
Texas Spent $221 Million on Migrant Busing Program
Texas Governor Greg Abbott has directed over $221 million in taxpayer funds toward transporting nearly 120,000 migrants to Democratic-led cities since April 2022. While state officials framed the program as a logistical necessity, critics characterize the effort as an expensive political maneuver that prioritized spectacle over cost-effective solutions.
Los Angeles Mayor Rebukes Texas Governor Over Migrant Bus Arrival
Texas Governor Greg Abbott dispatched a busload of 42 asylum-seekers to Los Angeles on Wednesday, marking the first time the state has redirected migrants to the California city. Mayor Karen Bass condemned the maneuver as a callous political stunt, accusing the Republican governor of treating vulnerable people as pawns.