Industry News

Mars Daily | Pakistan Signs MoU with Binance to Explore Tokenization of Up to $2 Billion in Assets

Pakistan has signed a Memorandum of Understanding (MoU) with Binance to explore tokenizing up to $2 billion in sovereign bonds, treasury bills, and commodity reserves. The initiative aims to enhance liquidity and attract international investment. Additionally, Pakistani regulators have granted preliminary approval to Binance and HTX to begin local registration and prepare for full exchange licensing. In other news, an on-chain analyst reported that a major Bitcoin whale has increased its leveraged long positions to $540 million in ETH, with total long positions in BTC, ETH, and SOL exceeding $620 million. The whale is currently facing significant unrealized losses. Meanwhile, the Crypto Fear & Greed Index has dropped to 23, re-entering the "Extreme Fear" zone. In corporate developments, Coinbase is reportedly preparing to launch an internal prediction market, initially operated exclusively by Kalshi, and has added Lighter (LIGHTER) to its listing roadmap. Tether has made a binding all-cash offer to acquire a 65.4% stake in Juventus Football Club and plans to invest €1 billion in the club if the deal proceeds. Separately, Nasdaq has received expanded authority to reject IPO applications deemed at risk of market manipulation. Oracle shares fell after announcing a delay in its data center construction timeline, attributed to labor and material shortages.

marsbit12/13 01:33

Stablecoin giant Tether makes $1B bid to buy Juventus FC

Stablecoin issuer Tether has made a binding all-cash offer to acquire a controlling 65.4% stake in Italian soccer club Juventus FC from the Agnelli family's holding company, Exor. The bid, which would value the publicly traded club at approximately $1.1 billion, has reportedly been rejected, with a source stating "Juventus is not for sale." Tether CEO Paolo Ardoino, a lifelong fan, expressed the company's commitment to investing 1 billion euros into the club's development. Tether, which already owns over 10% of Juventus and recently secured a board seat, has been expanding its investments beyond crypto into AI, robotics, and health.

cointelegraph12/13 01:13

Did Amazon Strike A 5 Billion XRP Deal With Ripple? Expert Answers

Crypto expert Crypto Sensei addressed rumors of a $5 billion XRP deal between Amazon and Ripple, clarifying there is no public evidence or official announcement to support this claim. The speculation emerged from discussions about Ripple's broader goal to use XRP for the global derivatives market, beyond cross-border payments. While Amazon's AWS did partner with Ripple in 2020 for its rewards program, no new deal has been confirmed. Ripple's CTO also denied Amazon holds significant XRP. In other news, Hex Trust partnered with LayerZero to launch wrapped XRP (wXRP) on multiple networks, starting with Solana, to enhance liquidity and DeFi utility. XRP is currently trading around $2.03.

bitcoinist12/13 00:32

Crypto Biz: How Ripple quietly convinced Wall Street

cointelegraph12/12 21:02

Crypto buys football! Tether makes historic bid to acquire Juventus Football Club

Stablecoin issuer Tether has made a binding, all-cash offer to acquire a 65.4% stake in Juventus Football Club from Exor. The proposal includes a commitment to invest an additional €1 billion in the club's long-term development. This marks the most ambitious crossover between the crypto industry and global sports to date, moving beyond sponsorships to full ownership. Tether's financial capacity is supported by its massive reserves, including an estimated $135 billion in U.S. Treasuries and other assets, which generated over $10 billion in profit in 2025. CEO Paolo Ardoino cited deep admiration for the club's values as a driving factor. The acquisition would require regulatory approval from Italian and European authorities. If successful, it would position Tether as a major player in mainstream industries and signal a new era of crypto firms operating legacy institutions.

ambcrypto12/12 20:26

Bitcoin swings above $94K as crypto faces ‘Netscape’ moment: Finance Redefined

Cryptocurrency markets experienced a week of overall decline despite Bitcoin briefly surpassing $94,330, driven by a major corporate acquisition. The Federal Reserve’s anticipated 25-basis-point rate cut provided only temporary support, as it was already priced in. Analysts suggest the crypto industry is nearing a “Netscape moment,” with growing institutional adoption through ETFs and improved onchain usability. In other developments, Bubblemaps alleged that 30% of PEPE’s genesis supply was controlled by one entity, contradicting its “fair launch” narrative. Prediction markets like Polymarket show only 16.7% of users profit, with professionals capitalizing on retail traders. Coinbase expanded Solana DEX integration, enabling trading without formal listings. Meanwhile, Mantra’s CEO urged users to withdraw OM tokens from OKX due to migration plan inaccuracies, later resolved. Most top-100 cryptocurrencies ended the week down, with Kaspa and Story tokens falling over 13%.

cointelegraph12/12 19:02

Banking Giant JPMorgan Takes On Solana In Grand Style – Here’s What They Did

JPMorgan has issued a commercial debt instrument on the Solana blockchain, marking one of the first U.S. commercial paper offerings on a public blockchain. The transaction involved Galaxy Digital Holdings, with JPMorgan as the arranger, Coinbase and Franklin Templeton as purchasers, and USDC stablecoins for settlement. Executives highlighted the move as a significant step toward institutional adoption of blockchain, emphasizing enhanced efficiency, openness, and the growing demand for digital asset exposure in traditional finance.

bitcoinist12/12 18:02

Figure Technology files ‘second IPO’ to bring native equity issuance to Solana

Figure Technology, a blockchain-based financial services firm, has filed for a second public offering with the SEC to issue native equity directly on the Solana blockchain. This initiative, announced at the Solana Breakpoint conference, aims to expand DeFi use cases by enabling on-chain trading through Figure’s alternative trading system rather than traditional exchanges. The tokenized equity would allow investors to use the asset in DeFi protocols for lending or borrowing. Beyond its own shares, Figure plans to facilitate native equity issuance for other companies within the Solana ecosystem. The announcement highlights Solana’s growing role in tokenized assets, with industry experts noting its competitive advantages in speed and throughput for real-world asset tokenization.

cointelegraph12/12 16:58

Trump in Web3 Games: Temporary Hype or Trend?

The article "Trump in Web3 Games: Temporary Hype or Trend?" discusses the growing integration of political brands, particularly Donald Trump’s, into the crypto industry—especially within Web3 gaming. It highlights the recent launch of the 3D game *Trump Billionaires Club*, which features an in-game economy tied to the $TRUMP memecoin and user engagement mechanics. The piece argues that while political and media-driven narratives can generate initial user interest, they often fail to retain players without clear, sustainable incentives. Many gaming tokenomics rely on short-term emotional appeal rather than long-term engagement. In response, projects like PEPENODE are emerging with simplified, routine-based reward systems—such as virtual "mining" nodes—that require no technical knowledge or hardware. PEPENODE, promoted as the "first memecoin mine-to-earn" platform, allows users to buy and upgrade virtual mining nodes to earn rewards, including memecoins like PEPE and Fartcoin. Early data shows significant pre-sale interest, with $2.3 million raised and a token price of $0.001192. The project aims to combine meme-driven engagement with predictable, recurring action—a trend gaining traction as Web3 games seek broader, more consistent user bases beyond one-time hype. The article concludes that while politically themed games attract attention, their long-term success depends on transitioning from viral momentum to habitual use through clear mechanics and recurring value.

bitcoinist12/12 15:07

YouTube Goes Crypto: PYUSD Stablecoin Payout Option Now Live For US Creators

YouTube has introduced a new payout option allowing U.S.-based creators to receive earnings in PayPal’s PYUSD stablecoin. The feature, now active, uses PayPal’s existing payment infrastructure rather than direct crypto handling by YouTube. Earnings are calculated in dollars by YouTube and converted to PYUSD by PayPal, which then distributes the tokens. Currently available only to U.S. creators, the option applies to monetized revenue like ads and memberships. It offers flexibility to hold, spend via PayPal-supported platforms, or convert to fiat, though tax and custody implications differ from traditional bank transfers. PYUSD’s circulation has grown to nearly $4 billion since its 2023 launch.

bitcoinist12/12 14:16