Platform – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 15 Sep 2025 07:59:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Platform – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 London Stock Exchange launches blockchain platform for private funds https://earlybirdsinvest.com/london-stock-exchange-launches-blockchain-platform-for-private-funds/ https://earlybirdsinvest.com/london-stock-exchange-launches-blockchain-platform-for-private-funds/#respond Mon, 15 Sep 2025 07:59:57 +0000 https://earlybirdsinvest.com/london-stock-exchange-launches-blockchain-platform-for-private-funds/

Update Sept. 15, 7:58 a.m. UTC: This article has been updated to include another section on LSEG and Microsoft’s collaboration.

The London Stock Exchange Group (LSEG) launched a blockchain-based infrastructure platform for private funds, making it the first major global stock exchange to use such a system.

The platform, called Digital Markets Infrastructure (DMI), supports the full lifecycle of digital assets, from issuance and tokenization to post-trade settlement. It was developed with Microsoft and runs on Microsoft Azure, the exchange said on Monday.

LSEG said the system was designed to provide interoperability between distributed ledger technology and traditional financial systems as part of its goal to become the first global exchange group to support clients across the “full funding continuum.”

Related: Trump-linked WLFI’s 40% decline causes millions in losses for crypto whales: Finance Redefined

Private funds are the first asset class to go live on the DMI, with plans for additional asset classes.

As part of the initial offering, private funds on the DMI will be discoverable by Workspace’s users, enabling general partners to interact with professional investors on these platforms.

Capital management firm MembersCap and London-based Archax, a Financial Conduct Authority-regulated crypto exchange, were the first clients onboarded. MembersCap conducted the platform’s debut transaction with Archax acting as a nominee for the Cardano Foundation.

Related: RWAs: new institutional ‘trust’ layer to boost tokenized ESG investment

Microsoft, LSEG aim to unlock new opportunities for customers

Microsoft’s collaboration with LSEG on the new blockchain-based platform is a “powerful example of the innovation driving our strategic partnership,” according to Bill Borden, corporate vice president of worldwide financial services at Microsoft. He wrote:

“Together, we’re reshaping the future of global finance to empower our customers to unlock new opportunities and drive meaningful change.”

Today’s private market processes are ripe for innovation. LSEG aims to improve investor access to capital markets and enhance liquidity, according to Dr. Darko Hajdukovic, head of digital markets infrastructure at LSEG.

“We intend to do this by continually working with all stakeholders to enhance efficiencies and connectivity for both digitally-native and traditional assets,” wrote Hajdukovic in the announcement, adding that there is significant “appetite for an end-to-end, interoperable, regulated financial markets DLT infrastructure.”

Ultimately, the platform aims to provide more investor access to private market investment opportunities that were previously difficult to discover and participate in.

Similar blockchain-based incentives from traditional finance giants may accelerate the convergence of traditional and decentralized finance (DeFi), which may come sooner than most expect, according to Nelli Zaltsman, head of blockchain payments innovation at JPMorgan’s Kinexys.

“Our goal has always been to find the best way to work with the public blockchain, regulatory environment permitting,” said Zaltsman, speaking alongside Chainlink Labs co-founder Sergey Nazarov at the RWA Summit Cannes 2025.

In June 2025, the banking giant piloted synchronized settlement technology with Chainlink, allowing JPMorgan’s blockchain-based deposits to orchestrate transactions across different blockchains.

Magazine: The one thing these 6 global crypto hubs all have in common…

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XRP Futures Break $1B Open Interest Mark on CME Platform https://earlybirdsinvest.com/xrp-futures-break-1b-open-interest-mark-on-cme-platform/ https://earlybirdsinvest.com/xrp-futures-break-1b-open-interest-mark-on-cme-platform/#respond Wed, 27 Aug 2025 05:29:46 +0000 https://earlybirdsinvest.com/xrp-futures-break-1b-open-interest-mark-on-cme-platform/

Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

About Author

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Last updated: 

XRP futures on CME Group has now crossed the $1b open interest milestone, becoming the fastest crypto contract to do so, just three months after launch.

The achievement shows growing institutional appetite for regulated exposure to digital assets.

CME said its wider crypto futures suite has now surpassed $30b in notional open interest for the first time. Both Solana and XRP futures crossed $1b, but XRP hit the mark at record speed, outpacing its peers and drawing fresh attention from funds and corporate desks.

The move is being viewed as a sign of market maturity and deepening liquidity in digital asset derivatives. Analysts say it reflects a new wave of institutional capital, as traditional finance increasingly embraces crypto markets through regulated venues.

High Volume Drop Tests Key Levels Before Quick Rebound

XRP itself has remained volatile. The token traded within a 5% range between $2.98 and $2.84 in the 24 hours ending Aug. 26. The steepest move came on Aug. 25, when the price fell from $2.96 to $2.84 on volume three times higher than its daily average.

Institutional buying quickly stepped in, lifting the token back to $2.92. Market participants described the $2.84 level as critical support, with volumes suggesting renewed corporate and fund activity. In the final hour of the session, XRP rose 0.7% from $2.90 to $2.92 on more than 5.7m traded tokens.

On the derivatives side, XRP futures recorded their heaviest daily activity since July 15 on Aug. 25. A total of 7,533 contracts changed hands, equivalent to more than $1b in volume. Since launch in May, CME’s XRP futures have seen over 251,000 contracts traded, representing $9.02b in cumulative notional volume.

Technical Indicators Point To Possible XRP Retest Of Lower Levels

The regulated nature of CME’s contracts, which settle to the CME CF XRP-Dollar Reference Rate and are supervised by the CFTC, has been a key factor in attracting demand. Analysts argue the milestone shows confidence in XRP’s long-term role in institutional portfolios.

Ryan Lee, chief analyst at Bitget, said XRP is sitting at a technical crossroads. Bollinger Bands are tightening, RSI remains neutral, and low buying volume suggests a possible retest of $2.60 to $2.00.

“A break above the $3.10 level with conviction and volume, and a run toward $3.40 could follow,” he added. “But derivative markets are skewed short, and upside stays guarded until momentum firms.”

XRP Futures Strength Sparks Renewed Talk Of Spot ETF Approval

The development also feeds into broader speculation about spot XRP ETFs. Several asset managers, including Grayscale, Bitwise and 21Shares, have filed applications with the US Securities and Exchange Commission. Market participants believe strong futures liquidity could support those cases.

The surge in XRP futures comes against a backdrop of firm crypto markets. Federal Reserve Chair Jerome Powell signaled rate cuts at Jackson Hole, fueling risk appetite across equities and digital assets. While Bitcoin has dominated headlines, XRP’s rapid derivatives growth signals its expanding role among institutions.

Elsewhere in the market, other altcoins have also seen bursts of activity. Shiba Inu briefly spiked toward $0.0000135 following a short-term technical signal, while Cardano’s development efforts continue to draw interest. Yet analysts caution that sustained momentum across smaller tokens will still depend on Bitcoin’s trajectory and broader macro conditions.


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Ripple-Backed Epic Chain To Launch XRP-Powered RWA Tokenization Platform https://earlybirdsinvest.com/ripple-backed-epic-chain-to-launch-xrp-powered-rwa-tokenization-platform/ https://earlybirdsinvest.com/ripple-backed-epic-chain-to-launch-xrp-powered-rwa-tokenization-platform/#respond Sun, 17 Aug 2025 05:30:20 +0000 https://earlybirdsinvest.com/ripple-backed-epic-chain-to-launch-xrp-powered-rwa-tokenization-platform/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Epic Chain, backed by Ripple, is taking a bold step into the future of finance with the launch of its XRP-native RWA tokenization platform. With Ripple’s support and XRP’s efficiency at its core, Epic Chain could lead the next wave of adoption, where trillions in real-world assets move seamlessly on-chain.

Ripple Backs New Real-World Assets Platform

In a release, Epic Chain is positioning itself at the center of the real-world assets (RWAs) tokenization wave, building an XRP-native platform to bring real estate, credit, commodities, and collectibles onto the blockchain. With the global RWA market estimated at over $50 trillion, Epic Chain’s positioning could be transformational.

Related Reading: From Day 1: Ripple CTO Says XRPL Was Made For Global Financial Infrastructure

Epic is currently valued at a modest $60 million FDV, and it trades on Binance, Bybit, and Kucoin, with further listings anticipated. Operating in over 150 countries, the project targets more than 100 million traders and is connected to over a million bank accounts, and has launched a $1 million adoption and liquidity program to drive global growth.

According to Route 2 FI, initially launched as an ERC-20 token on Ethereum, Epic is now migrating to an EVM-compatible XRP Ledger sidechain, unlocking native liquidity and tighter integration with XRP infrastructure. This pivot strengthens settlement speed, scalability, and ensures Epic Chain remains aligned with Ripple’s long-term vision of enterprise-grade blockchain adoption.    

One of the rare small-cap token survivors of multiple crypto market cycles, EPIC has transformed from a collectibles marketplace into a layer-2 RWA solution. Its integration with Ripple USD (RLUSD) allows native USD settlement, which is a critical feature for institutional yields, treasury management, and cross-border payments.

The Epic Chain pushes adoption through its “Epic One” VISA crypto card, offering up to 8% XRP cashback with no daily limits, spendable in over 180 countries. Meanwhile, its collectibles platform Fanable continues to attract thousands of users through licensed IP deals. 

Epic Chain’s positioning at the intersection of RWA tokenization and XRP integration gives it strong potential despite the risk from its history of pivots and XRP’s slower corporate pace. For both retail adopters and institutional markets, Epic could serve as a gateway into the XRP economy.

XRP Ledger As Backbone For Next-Gen Real Estate Finance

Amid this bold move, the XRP Ledger is set to enable the tokenization of $228 trillion in institutional real estate to be brought on-chain through the XRP Ledger Asset Program on August 18th. According to the RealFI post on X, this breakthrough allows assets traditionally managed off-chain to be brought on-chain via the REAL Token, which signals a transformative shift in the global real estate market toward blockchain adoption.

Related Reading: Chainlink Tipped To Outshine XRP In Global Banking Links: Analyst

Furthermore, RealFi’s solution empowers organizations of all sizes to issue Real Estate Tokens directly on the XRP Ledger. By leveraging blockchain technology, RealFi ensures ultra-low transaction fees, fast settlement, and seamless integration with the XRP ecosystem.

Ripple
XRP trading at $3.12 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Unilabs Finance ICO Exceeds $12.6M as ETH Whales Join Viral AI Platform https://earlybirdsinvest.com/unilabs-finance-ico-exceeds-12-6m-as-eth-whales-join-viral-ai-platform/ https://earlybirdsinvest.com/unilabs-finance-ico-exceeds-12-6m-as-eth-whales-join-viral-ai-platform/#respond Sat, 16 Aug 2025 07:42:17 +0000 https://earlybirdsinvest.com/unilabs-finance-ico-exceeds-12-6m-as-eth-whales-join-viral-ai-platform/

Last updated: 


Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

The Ethereum price is in the spotlight as ETH whales join Unilabs Finance, drawn by its presale growth and $12.6 million raised in its ICO.

More interestingly, large inflows into the ETH ETF are driving more traffic to the scene, increasing confidence among investors.

With whale backing, rapid funding success, and growing buzz around its technology, the big question now is, can UNIL outpace crypto giant ETH? Let’s find out.

Ethereum Price Targets 58% as ETH ETF Inflows Point to Rally

The Ethereum price has been displaying continuous growth and is currently trading at $4,739, almost reaching its all-time high of $4,891 in 2021. This influx is fueled by factors such as massive inflows into ETH ETFs and robust on-chain demand.

This has also led to an increase in the Ethereum price by over 59% over the past month.

What’s more, analysts are optimistic about the Ethereum price with forecasts ranging between $6,000 and $7,500 by the end of 2025.

Recently, Standard Chartered predicted that the Ethereum price would touch $7,500, which would imply a 58% jump from its current value.

Meanwhile, Unilabs Finance is seeing ETH whales join its momentum, drawn by ICO growth and game-changing investment tools.

Though Ethereum’s rise is impressive and ETH ETFs continue to enjoy large inflows, that same investor enthusiasm is now driving capital toward Unilabs’ fast-growing platform.

Unilabs Finance Soars to $12.6M as ETH Whales Get Onboard

Unilabs Finance’s ICO has raised over $12.6 million, thanks to its standout features that extend the momentum behind Ethereum price trends and the growing interest in ETH ETF products.

One of the most instrumental tools is the AI Market Pulse Tool. This smart feature can scan real-time data, spotting on-chain activity and new market movers.

It would give investors insights similar to tracking an ETH ETF inflow and rising Ethereum price, helping them act early.

There’s also the Early Access Scoring System (EASS) that can evaluate projects on use case, team strength, tokenomics, and sentiment.

Much like following the Ethereum price momentum, it can flag high-potential opportunities before they boom.

Unilabs also offers four investment funds, which helped it raise over $12.6 million in its ICO, attracting the kind of attention as with the rising Ethereum price and growing ETH ETF market.

The AI Fund uses advanced technology to find high-potential crypto projects, giving investors smart exposure to opportunities beyond just watching the Ethereum price move.

The BTC Fund focuses on Bitcoin-based assets, balancing portfolios much like adding diversity alongside ETH ETF investments.

The RWA Fund invests in real-world assets such as property or commodities, bringing stability similar to how an ETH ETF spreads risk while benefiting from Ethereum’s growth.

Finally, the Mining Fund supports blockchain mining ventures, generating rewards when the Ethereum price and the broader crypto market rise.

Together, these funds give investors varied ways to grow wealth, making Unilabs a serious player alongside Ethereum and its ETF-driven momentum.

Unilabs holders also get to enjoy Revenue-Sharing and Staking Rewards, with 30% of platform fees redistributed to UNIL token holders, and tiered bonuses for presale participants.

This model is designed to reward commitment. It can mirror how Ethereum price surges enrich long-term holders of ETH and ETF-based investments.

All these tools can create a user-friendly suite that drives Unilabs Finance’s ICO performance. Its success draws attention just like the Ethereum price rally and ETH ETF inflows do, but with whales now shifting some of their focus toward Unilabs’ notable growth and promising platform.

Unilabs Finance Gains Speed as CMC Listing Nears

Unilabs Finance is now in Stage 6 of its presale at $0.0097, up 14% from the previous stage’s $0.0085 price. With $30 million Assets Under Management (AUM) and CoinMarketCap listing coming soon, excitement is building fast.

The project’s momentum is attracting attention similar to the surge in Ethereum price and growing interest in ETH ETF products.

Early buyers can also use a limited-time CMC50 code for a 50% bonus, adding more value. With significant growth, investor interest, and an attractive bonus, now is the time to join Unilabs before its listing and ride the next wave alongside Ethereum’s rally.

Learn more about the Unilabs ($UNIL) presale: Presale, Telegram, and Twitter.


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BAY Miner Launches Next-Generation Cloud Mining Platform, Providing Daily BTC and XRP Earnings to Global Users https://earlybirdsinvest.com/bay-miner-launches-next-generation-cloud-mining-platform-providing-daily-btc-and-xrp-earnings-to-global-users/ https://earlybirdsinvest.com/bay-miner-launches-next-generation-cloud-mining-platform-providing-daily-btc-and-xrp-earnings-to-global-users/#respond Wed, 13 Aug 2025 14:10:00 +0000 https://earlybirdsinvest.com/bay-miner-launches-next-generation-cloud-mining-platform-providing-daily-btc-and-xrp-earnings-to-global-users/

Last updated: 


Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

BAY Miner has officially launched its next-generation cloud mining platform, allowing users worldwide to easily earn daily Bitcoin (BTC) and XRP (XRP) profits anytime, anywhere.

This platform requires no mining equipment, hardware investment, or technical expertise. Simply register an account and select the appropriate hash rate contract to instantly start cloud mining via your smartphone. Profits are automatically settled and credited to your account in real time, with flexible withdrawal and reinvestment support in multiple currencies, enabling “mining at your fingertips, daily profits.”

This upgrade utilizes AI-powered intelligent scheduling and a green energy data center to maximize energy efficiency and reduce carbon emissions, providing users with a secure, transparent, and efficient digital asset value-added solution. Whether you’re a digital currency novice or a seasoned investor, BAY Miner is committed to ensuring everyone enjoys stable cloud mining returns, pocketing passive income, and ushering in a new era of the digital economy.

How BAY Miner Provides the Stability and Security of Daily Returns

BAY Miner takes several measures to ensure that users’ daily returns are stable and secure:

1. Stable Returns

  • USD Settlement with a Locked Exchange Rate

Mining contracts are denominated in US dollars, with a fixed settlement rate, reducing uncertainty caused by price fluctuations. Even with volatile crypto markets, returns remain unaffected, ensuring investors receive stable returns.

  • AI Intelligent Computing Power Scheduling

The platform uses AI algorithms to automatically adjust mining machine resource allocation based on real-time global computing power distribution, difficulty dynamics, and network status, maximizing revenue efficiency and minimizing volatility.

  • Flexible Multi-Currency Switching and Contract Adjustment

Users can adjust their mining currency (BTC, XRP, ETH, etc.) and computing power contracts based on market conditions, mitigating the risk of single-currency returns and improving overall revenue stability.

  • Distributed Green Energy Data Centers

Utilizing distributed data centers across Europe, America, and Asia, and powered by 100% renewable energy, we ensure a stable computing power supply without single points of failure, ensuring continuous and efficient mining (i.e., stable system operation and uninterrupted returns).

2. Compliance Assurance

  • EU and International Regulations

Operating in accordance with the EU’s Markets in Crypto-Assets (MiCA) Regulation and the principles of the International Organization of Securities Commissions (IOSCO), the platform adheres to regulatory and transparency requirements, ensuring user rights are protected by internationally recognized regulations.

  • Top-tier Security Technology

Utilizing cutting-edge encryption and security technologies such as McAfee and Cloudflare, the platform provides real-time security monitoring and protection for data, accounts, and assets to prevent hacking, data leaks, and theft.

  • Zero Fees, Transparent Operations

The entire process is free of service and handling fees, and all profits are credited to your account. Operational data and profit settlements are fully transparent and accessible to users for real-time verification.

  • Daily Automatic Settlement and Multiple Withdrawal Verification

All profits are automatically settled and deposited daily. The withdrawal process incorporates multiple authentication methods and secure operations to ensure the safety and security of funds.

These measures ensure that the BAY Miner platform offers both stable returns and asset security in the cloud mining industry, making it suitable for long-term participation by all types of investors.

How Users Operate the Platform to Achieve Automated Asset Management

The BAY Miner platform offers a highly streamlined and intelligent workflow for users who want to automate asset management. The steps are as follows:

1. Register an account

Sign up in seconds using your email address—no ID verification required.

2. Select your mining plan

Choose from a variety of contracts based on your budget and goals. BAY Miner offers flexible mining plans to suit different investment levels. You can find available options here.

3. Activate with cryptocurrency

Fund your wallet with BTC, ETH, XRP, or USDT.

4. Start mining immediately

Start mining instantly, with no installation or maintenance required.

The Difference Between BAY Miner and Traditional Mining

BAY Miner eliminates the reliance on specialized equipment and technology for crypto mining. There’s no longer a need to deal with hardware maintenance, energy consumption calculations, or heat dissipation, allowing more users, including those in areas lacking mining facilities, to easily participate.

The Impact of Stablecoin Legalization On the Crypto Market

In recent years, major markets such as the United States, the European Union, and Hong Kong have intensively introduced stablecoin regulatory frameworks to promote legalization and compliant operations. In 2025, the US GENIUS Act and STABLE Act, as well as Europe’s MiCA regulations, became a global focus, laying the foundation for compliant and secure crypto investments.

BAY Miner embraces this trend, providing low-barrier, transparent cloud mining services to help global users participate in the digital asset market in a compliant environment.

Finally: Your Cryptocurrency Future Starts Now

If you’ve been waiting for a mining opportunity, now’s it. BAY Miner removes all obstacles and turns your phone into a cryptocurrency machine.

Whether you’re holding BTC, hoarding XRP, or investing in Ethereum, BAY Miner can help.

Start mining anytime with your smartphone, earn daily rewards, and enjoy additional benefits for signing up and referring others.

Download the app here.


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S&P Global Assigns First-Ever B- Credit Rating to DeFi Platform Sky Protocol https://earlybirdsinvest.com/sp-global-assigns-first-ever-b-credit-rating-to-defi-platform-sky-protocol/ https://earlybirdsinvest.com/sp-global-assigns-first-ever-b-credit-rating-to-defi-platform-sky-protocol/#respond Mon, 11 Aug 2025 09:50:47 +0000 https://earlybirdsinvest.com/sp-global-assigns-first-ever-b-credit-rating-to-defi-platform-sky-protocol/

Crypto Journalist

Amin Ayan

Crypto Journalist

Amin Ayan

About Author

Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has…

Last updated: 


Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

S&P Global Ratings has issued a B- issuer credit rating to Sky Protocol, formerly known as Maker Protocol, in the first-ever rating by a major credit agency for a decentralized finance (DeFi) platform.

Key Takeaways:

  • S&P Global gave Sky Protocol a first-ever B- credit rating for a DeFi platform.
  • The agency flagged risks including high depositor concentration, centralized governance, and weak capitalization.
  • S&P said the protocol can meet obligations but is vulnerable in adverse conditions.

The rating forms part of S&P’s ongoing stablecoin issuer assessments, launched in 2023 to evaluate their ability to maintain a peg to fiat currencies.

The review covered the creditworthiness of Sky’s USDS and DAI stablecoins, along with its sUSDS and sDAI savings tokens.

S&P Rates USDS ‘Constrained’ With Score of 4 in First Evaluation

In its first evaluation, S&P gave USDS a “4” on its stability scale — labeled “constrained” — for maintaining its dollar peg.

Sky Protocol, a decentralized lending platform, facilitates crypto-backed loans and uses USDS to support lending and borrowing activity.

USDS ranks as the fourth-largest stablecoin by market cap, with $5.36 billion in circulation, according to CoinMarketCap.

S&P defines a default in this context as a “haircut imposed on token holders.”

The agency highlighted potential triggers, such as mass withdrawals exceeding available liquidity or credit losses outpacing capital reserves.

Weaknesses flagged include high depositor concentration, centralized governance, reliance on founder Rune Christensen, regulatory uncertainty, and limited capitalization, its risk-adjusted capital ratio was just 0.4% as of July 27.

Andrew O’Neil, S&P’s digital assets analytical lead, told Cointelegraph that a B- rating indicates the protocol “can meet its financial obligations” but remains “vulnerable in adverse business, financial and economic conditions.”

The governance issue was underscored by S&P’s observation that decision-making remains highly centralized, partly due to low voter participation, despite Christensen holding nearly 9% of governance tokens.

Sky’s Asset-Liability Committee said the review allowed it to re-examine traditional counterparty risk models and assess DeFi-specific risks such as smart contract vulnerabilities, oracle dependencies, bridge security, and governance issues.

These were identified as areas requiring ongoing monitoring and mitigation.

The rating also lowered Sky’s anchor score to “bb,” four notches below the U.S. banking anchor of “bbb+,” citing the broader regulatory uncertainty facing DeFi.

S&P Ranks USDC Strong, Puts USDT and USDS in ‘Constrained’ Category

S&P’s stablecoin assessment ranked Circle’s USDC at 2 (strong), Tether’s USDT at 4 (constrained), and USDS also at 4, with O’Neil noting that Tether’s main issue is transparency while USDS faces complexity in its asset base and weaker capital reserves.

S&P launched its stablecoin stability framework in December 2023, and in June, awarded its first blockchain-based mortgage securitization, by Figure Technology Solutions, an AAA rating for a $355 million pool of mortgage assets.

Globally, stablecoin regulation is accelerating. In the US, President Donald Trump signed the first federal stablecoin bill on July 18, calling it a “giant step” toward securing American dominance in global finance and crypto technology.

As reproted, Western Union is positioning itself for a new phase of digital transformation, signaling strong interest in using stablecoins to modernize its global remittance operations.


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Pendle’s TVL records $8.3 billion since the debut of the platform trading yield https://earlybirdsinvest.com/pendles-tvl-records-8-3-billion-since-the-debut-of-the-platform-trading-yield/ https://earlybirdsinvest.com/pendles-tvl-records-8-3-billion-since-the-debut-of-the-platform-trading-yield/#respond Sat, 09 Aug 2025 19:28:34 +0000 https://earlybirdsinvest.com/pendles-tvl-records-8-3-billion-since-the-debut-of-the-platform-trading-yield/

The total value of the pendle is locked (TVL) Its native token pendle surged to a record $8.27 billion, but its native token pendle went to $5.6 last week, at 45%.

According to Dune Data, Bitcoin’s funding rate averages around 10% this week, about $80 billion in public interest, changing hands by over $8 billion a year between years and shorts.

Boros packages these yields into tradable on-chain assets called yield units (Only)causing the trader to run out of rates themselves.

Boros can be used for many pre-tactics, such as including hedge floating financing payments in a fixed interest rate or locking at high yields during volatile periods.

In the first two days, Boros attracted more than 283 Wes deposits (Approximately $1.1 million) 6.4 WBTC (Approximately $750,000) The safe shows the data.

Activities in Pendle’s Arbitrum deployment have skyrocketed alongside launches, with active addresses well above the average each month, with both buyers and sellers increasing as they follow the data in TheTie, riding on distributed exchanges.

Boros currently supports BTC and ETH funding rates, but the plan is to expand to other floating yields, such as compensation and tokenized Treasury bills.

Pendle performance and locked totals were also behind the high lipid ecosystem. The company was integrated with high lipids later last month. Since then, Khype from Kinetiq, the largest liquid staking token in HypereVM, has raised $221 million at a total locked price.

Pendle Token has significantly outperformed the broader cryptocurrency market, measured by the Coindesk 20 (CD20) index over the past week, up 13.15% over that period.

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Ripple To Gobble Up Payments Platform Rail for $200,000,000 To Support Transactions via XRP and RLUSD Stablecoin https://earlybirdsinvest.com/ripple-to-gobble-up-payments-platform-rail-for-200000000-to-support-transactions-via-xrp-and-rlusd-stablecoin/ https://earlybirdsinvest.com/ripple-to-gobble-up-payments-platform-rail-for-200000000-to-support-transactions-via-xrp-and-rlusd-stablecoin/#respond Fri, 08 Aug 2025 12:51:16 +0000 https://earlybirdsinvest.com/ripple-to-gobble-up-payments-platform-rail-for-200000000-to-support-transactions-via-xrp-and-rlusd-stablecoin/

The blockchain payments firm Ripple says it has agreed to acquire the stablecoin-powered payment infrastructure platform Rail for $200 million.

In a statement, Ripple says it is acquiring the Toronto-based Rail amid rising demand for transactions involving stablecoins – cryptocurrencies pegged to another asset such as the US dollar.

Ripple says the deal will allow the two companies to deliver the most comprehensive stablecoin payments solution available in the market.

Ripple says the acquisition will enable customers to adapt to the rising popularity of stablecoins by offering comprehensive stablecoin pay-ins and pay-outs across key corridors, sans the need to hold crypto on balance sheets.

The integration will also support payments across a range of digital assets, which include XRP and Ripple USD (RLUSD), the US dollar-backed cryptocurrency that the San Francisco-based firm launched in December 2024.

Says Ripple President Monica Long,

“Stablecoins are quickly becoming a cornerstone of modern finance, and with Rail, we are uniquely positioned to drive the next phase of innovation and adoption of stablecoins and blockchain in global payments.”

Announcing the development in a post on the social media platform X, Ripple CEO Brad Garlinghouse says the team-up will create a powerhouse in the stablecoin market.

“Ripple + Rail together will be THE go-to provider of stablecoin payments infrastructure for global financial institutions around the world.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Online Insurance Platform Handing $19,000,000 To Americans To Settle Allegations of Text Message Harassment https://earlybirdsinvest.com/online-insurance-platform-handing-19000000-to-americans-to-settle-allegations-of-text-message-harassment/ https://earlybirdsinvest.com/online-insurance-platform-handing-19000000-to-americans-to-settle-allegations-of-text-message-harassment/#respond Sun, 03 Aug 2025 06:24:11 +0000 https://earlybirdsinvest.com/online-insurance-platform-handing-19000000-to-americans-to-settle-allegations-of-text-message-harassment/

A firm that specializes in allowing people to compare insurance quotes is preparing to hand $19 million to Americans in a new settlement.

QuoteWizard is accused of violating the Telephone Consumer Protection Act (TCPA) by sending text message solicitations to people on the National Do Not Call Registry.

According to the settlement, QuoteWizard is preparing to pay the $19 million without admitting guilt, and the deadline for people to exclude and object to their share is August 5th.

The case was filed by lead plaintiff Joseph Mantha back in 2019, and the final settlement approval hearing is set for September 29th.

No claim form is required for payments, and class members will automatically be paid as long as they don’t exclude themselves.

Class members are expected to receive a minimum of $76 per person, and a dedicated website and toll-free number will be launched with additional details.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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BurjX Secures FSRA License, Launches ADGM-Regulated Trading Platform with 100+ Digital Assets https://earlybirdsinvest.com/burjx-secures-fsra-license-launches-adgm-regulated-trading-platform-with-100-digital-assets/ https://earlybirdsinvest.com/burjx-secures-fsra-license-launches-adgm-regulated-trading-platform-with-100-digital-assets/#respond Mon, 21 Jul 2025 08:58:18 +0000 https://earlybirdsinvest.com/burjx-secures-fsra-license-launches-adgm-regulated-trading-platform-with-100-digital-assets/

July 21st, 2025 – Abu Dhabi, United Arab Emirates


BurjX, the UAE-born digital asset trading platform, has officially secured its Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, for brokerage and custody activities.

In a landmark achievement, BurjX becomes a fully regulated digital asset brokerage platform to offer and support trading of over 100 digital assets, setting a new standard for market access, regulatory depth, and product breadth in the region.

The UAE’s cryptocurrency market is projected to generate US$395.9 million in revenue in 2025, with the user base expected to reach 3.88 million by 2026.

With nearly one-third of the population set to own crypto within the next year, the UAE ranks among the highest adoption rates globally. BurjX is setting the benchmark for what a regulated, homegrown platform can be.

A Mission Born in the UAE, Led by Its Founders

“We came to the UAE to build something that reflects the future of this region: regulated, trusted, and globally competitive,” said Omar Abbas, Co-Founder and CEO of BurjX, who previously co-founded NDAX, Canada’s leading crypto exchange. “Securing our FSRA license and launching with 100+ assets is proof of what’s possible when you build with conviction from the ground up. We’re not another imported platform entering the UAE. We’re a homegrown one, built here to lead globally.”“It’s rare to see a startup go live with this level of regulatory and technical execution,” said Adam Ferris, Co-Founder and Chairman, a Harvard JD/MBA graduate who previously held key roles at Goldman Sachs. “This launch validates the strength of our infrastructure, the caliber of our team, and our ambition to position BurjX as a global player from day one.”

As part of its governance framework, BurjX has appointed Dr. Ryan Lemand to its Board. A former Binance board member and ex-Head of Risk at UAE’s Securities and Commodities Authority (SCA), he brings deep expertise in regulation, digital assets, and institutional finance.

Trading 100+ Tokens with Instant AED On-Ramps Powered by Zand

BurjX makes it easy to go from dirhams to digital assets in seconds. Integrated with UAE banking rails through Zand Bank, users can instantly fund their accounts in AED and trade over 100 tokens within seconds, all under the oversight of ADGM’s world-leading virtual asset framework. As one of the region’s first true fiat-to-crypto bridges, BurjX offers frictionless access to digital markets that is secure, seamless, and proudly UAE native.

Regulated, Institutional-Grade Custody

As one of the few platforms in the region licensed for both brokerage and custody, BurjX combines the strength of ADGM’s virtual asset regime with the speed of institutional-grade infrastructure. Built on NASDAQ-grade systems that process over 1 million transactions per second and secured by Fireblocks’ MPC wallet technology, BurjX offers fast execution, deep liquidity, and secure custody on a single, unified platform. From first-time traders to institutions, every transaction is backed by multi-layer governance, comprehensive insurance across hot and cold wallets, and robust regulatory oversight.

A New Standard in Private Wealth

For family offices, institutions, and high-net-worth clients seeking a more bespoke experience, BurjX has launched its Private Client Division – delivering white-glove OTC services, tailored execution, dedicated relationship coverage, and access to one of the most extensive digital asset offerings in the region. Designed for sophisticated investors, it empowers them to build high-conviction, diversified portfolios with clarity, control, and confidence.

What’s Next for BurjX

With its launch now official, BurjX is entering a new phase of growth; focused on scaling across the UAE and the broader MENA region, while doubling down on its core pillars: security, simplicity, and regulatory strength. With rising adoption from retail users, growing demand from private wealth clients, and deep liquidity across 100+ assets, BurjX is positioned to be the Middle East’s homegrown on-ramp to the global crypto economy.

About BurjX

BurjX is a UAE-born digital asset brokerage and custodian, fully licensed by the Financial Services Regulatory Authority of ADGM, the international financial centre of Abu Dhabi. Founded by Omar Abbas, co-founder of NDAX, and Adam Ferris, a Harvard JD/MBA and ex-Goldman Sachs, BurjX offers institutional-grade trading and custody, seamless AED on and off ramps, and multi-layer security infrastructure. Built for trust and performance, BurjX is redefining how the region engages with digital assets and setting a new benchmark for regulated, homegrown innovation.

Contact

Global Head of Marketing
Janis D’souza
janis@burjx.com

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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