New Stablecoin Backed by BlackRock and Visa to Launch on Ethereum
Open USD (OUSD), a new institutional-focused stablecoin backed by a consortium of more than 140 companies, is set to launch on Ethereum from day one.
Market narrative
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Open USD (OUSD), a new institutional-focused stablecoin backed by a consortium of more than 140 companies, is set to launch on Ethereum from day one.
Crypto
South Korea's biggest crypto exchange just moved a lot of tokens.
Bitcoin traded near $64,869, up 1.54% over the past 24 hours, while Ethereum climbed to $1,921, up 1.21% on the day and XRP held near $1.08. Total crypto market capitalization stood at $2.21 trillion, up 1.35% over the past day.
The team behind Cake Wallet has launched Radar Chat, a new messaging app forked from Signal, enabling users to instantly send and receive bitcoin via encrypted messages.
RIZE's transparency filing highlights a governance-focused approach, but the absence of value accrual mechanisms may deter long-term investors. RIZE files B2 Token Transparency Filing, discloses governance structure and one notable gap.
The on-chain tracker Whale Alert recorded the transfer of 500,000,000 USDT from Binance's hot wallet to Tether's treasury. The movement coincided with a local recovery in Bitcoin's price, reaching a level of $64,964 on the Bitstamp platform.
Aave says the changes are designed to reduce exposure to inactive markets while giving users time to exit positions safely.
The two sales have reduced Quantum's ETH treasury holdings by 28.6% since mid-June and the firm has ceded the top Japanese ETH treasury spot.
SecondFi has renewed its bounty offer to the attacker responsible for stealing 16.1 million ADA, encouraging the full return of the assets while continuing to work with blockchain security researchers. Investigators identified behavioral patterns that resemble techniques previously linked to North Korea's Lazarus Group, although the attribution has not been officially confirmed.
XRP price rebounded toward $1.10 on July 30 as fresh ETF inflows and Aviva Investors' move onto the XRP Ledger supported demand, although the charts show that sellers remain active near current levels.
Uniswap's deflationary mechanics enhance UNI's scarcity, potentially boosting its value, but remain vulnerable to market volatility. Uniswap posts third highest UNI burn day with 106,000 tokens destroyed.
Fortitude agreed to buy 9,000 Antminer Z15 Pro machines for $31.5 million, with shipments scheduled for October and November across seven U.S. mining sites. The order should add 7.56 GSol/s and raise disclosed Zcash mining capacity by 145%, potentially giving Fortitude more than half of current network hashrate.
Bitcoin (BTC) trades near $64,000, roughly 49% below its October 2025 record of $126,000. Seasonal patterns from three past cycles now point to one Bitcoin final bear leg before a cycle bottom.
XRP hits record Binance outflows as US spot ETFs attract $1.5B, tightening supply and reinforcing the cryptocurrency's bullish outlook.
Strategy's pause in Bitcoin purchases raises concerns about its financial strategy, potentially impacting investor confidence and market dynamics. Strategy investors question future plans after five-week Bitcoin pause.
Flowra just embedded compliance directly into Solana block building.
Seoul police have arrested three suspects behind a fake XRP staking platform that defrauded 71 investors of roughly 3.4 million XRP, worth approximately 12.3 billion won ($19 million), by promising guaranteed monthly returns on virtual asset deposits.
Uniswap Labs introduced Launches in beta on July 30, adding a new tab to the Uniswap Web App that aggregates token launches using Uniswap infrastructure. The feature gives projects a shared distribution surface while making launchpad discovery part of the existing trading interface.
Shareholders approved liquidation and delisting, but the record time fixes participation, not payment or court approval.
The advance reflects IBM's continued progress toward machines powerful enough to challenge today's cryptography.