Crypto Markets & On-Chain Ecosystem Developments

Rep. Bryan Steil publicly endorsed the need for clear regulations governing digital assets in a recent tweet. He expressed gratitude to Chairman Selig, emphasizing that regulatory clarity is vital for protecting consumers and establishing the U.S. as a leader in the digital asset space. Steil's endo

According to ChainCatcher, Kalshi launched perpetual US 500 futures today (October 6) with no expiration date and a daily funding fee mechanism. The platform uses futures account assets as collateral. According to The Defiant, the maximum leverage available on the contract reached 15.3x on launch da

NEAR Protocol has launched Jev 1.13 on its NEAR AI Cloud platform, introducing new routing and classification tools for users. The update is priced at $0.042 per input with free output, targeting developers and businesses in the agent economy. NEAR AI Cloud integrates artificial intelligence with

According to The Kobeissi Letter, crypto card payment volume reached a record high of $12.5 billion this year, up 140% year-over-year and 247% compared to October 2025 levels, per data from paymentscan.xyz. The Kobeissi Letter attributed the growth to increased use of stablecoins as a payment

Chainlink declared that hundreds of trillions in assets are transitioning onchain, positioning itself as the crucial infrastructure for this shift. The announcement, made via the company's official Twitter account, highlights increasing confidence in blockchain technology from banks and financial in

According to The Defiant, Onyx treasury transferred 620 million XCN tokens today (October 6), executing a previously announced migration proposal. After the transfer, the Ethereum treasury contract held approximately 1.89 million XCN

According to ChainCatcher, St. Cloud Financial Credit Union in Minnesota has become the first credit union to include Bitcoin in its core ledger, according to CEO Jed Meyer. The institution custodies over 20 BTC for members using a proprietary hybrid custody model that grants each member

AbstractChain, an Ethereum Layer 2 solution, is winding down operations, according to Twitter commentator @SolanaFloor. Founder Luca Netz indicated a shift in focus towards Pudgy Penguins and related NFTs. The closure follows another Layer 2 shutdown, Blast, within a week, highlighting ongoing

BitGo launched a prime brokerage service designed for hedge funds, family offices, and ETF issuers. The service emphasizes customized operational solutions rather than a standardized model, addressing the distinct requirements of each institutional client type. Adam Sporn, BitGo's Head of Prime

According to Token Terminal, the tokenized stock market reached a market cap of $3.8 billion, growing 8.7 times over the past year. More than 20 issuers are now competing in the space, with Solana, Robinhood Chain, and BNB Chain emerging as leading platforms. The expansion reflects increasing

According to ChainCatcher, Bitcoin early contributor and cypherpunk Amir Taaki was expelled from Singapore after being questioned by local police for six hours regarding his work. The British-Iranian programmer shared on X that over the past year alone, he has been expelled from Argentina and

QUICK cryptocurrency reached $0.01215 after an 11.06% price increase within a 60-minute period. The altcoin recorded a 14.95% gain over 24 hours with trading volume of approximately $199,924.31. The price fluctuated between $0.01077 and $0.01215 during the 24-hour trading period. QUICK

Circle Mint has integrated Aave support into its Digital Asset-Backed Borrowing product, enabling eligible Circle Mint LLC customers to use cirBTC as collateral to borrow USDC directly from Aave on Arc or Ethereum. The integration expands access to decentralized finance borrowing solutions by

GDN announced a partnership with Arbitrum to enhance the programmable economy and advance digital asset innovation. The collaboration aims to foster development in blockchain applications and technological solutions for improved user experience. Arbitrum, a layer-2 scaling solution for Ethereum, and

Ferrari's $RACE token is now available across various applications in the Solana ecosystem. The integration, announced by the official Solana account, brings the token to platforms including Fomo, Dflow, and Raydium. This move aims to expand the utility of the Solana blockchain and attract more

According to official announcement, Aave is now supported in Circle Mint's Digital Asset-Backed Borrowing product. Eligible Circle Mint customers can use cirBTC as collateral to borrow USDC directly from Aave on either Arc or

Open interest for real-world asset (RWA) perpetual contracts reached $5.68 billion today, according to data reported by @DefiLlama. This represents a surge from nearly zero a year ago. The growth reflects increasing trader interest in tokenized real-world assets as RWA projects gain traction in