Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Crypto World

LayerZero Goes Live on Institution-Focused Canton as Its First Interop Protocol

Published

on

LayerZero Goes Live on Institution-Focused Canton as Its First Interop Protocol

The LayerZero integration gives assets tokenized on Canton access to over 165 public blockchains.

LayerZero has integrated with the institution-focused blockchain Canton (CC), becoming the first interoperability protocol to go live on the network, per a press release shared with The Defiant.

The integration, announced today, March 26, lets traditional financial institutions on Canton route tokenized assets, including securities, digital bonds, and equities, across the more than 165 public blockchains supported by LayerZero, while maintaining their compliance and confidentiality requirements, according to the release.

Also part of the integration, investors can now use stablecoins on external public chains to fund primary purchases of Canton-based tokenized real-world assets (RWAs), while Canton-native tokenized instruments can move into other ecosystems for secondary market trading.

Advertisement

“Canton has already built the rails for traditional finance, processing more than $350B in daily U.S. Treasury repo volume,” LayerZero CEO Bryan Pellegrino said in the release. “LayerZero’s job is to make sure those assets are available in every global market, across blockchains.”

The deal extends LayerZero’s already notable institutional push. In February, LayerZero unveiled its own Layer 1 blockchain, Zero, backed by strategic investments from Citadel Securities and Tether.

The Depository Trust & Clearing Corporation (DTCC) and the New York Stock Exchange’s parent Intercontinental Exchange both said they are evaluating the network for tokenized securities and settlement workflows.

More recently, LayerZero partnered with Centrifuge to expand multichain access for tokenized funds including nearly $861 million in tokenized U.S. Treasuries, as The Defiant reported last week.

Advertisement

For its part, Canton positions itself as the L1 blockchain network for TradFi institutions, with configurable privacy features. Per data from RWAxyz, Canton currently has $342.7 billion in represented asset value from tokenized RWAs, all of which is attributed to Broadridge’s Distributed Ledger Repo (DLR) platform.

Canton’s native CC token now carries a market cap of roughly $5.2 billion, ranking it #21 on CoinGecko. Last June, Digital Asset, the firm behind Canton, raised $135 million in a round that included Goldman Sachs, Citadel Securities, BNP Paribas, the DTCC, and Paxos, with CEO Yuval Rooz saying the capital would accelerate adoption for tokenized bonds, money-market funds, and commodities, as The Defiant reported at the time.

Just yesterday, Visa announced that it has become a Super Validator on the Canton network, becoming the first global payments company to do so, and is set to introduce privacy-preserving payments to the network.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

Advertisement

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Will ETH Price Decline More in 2026?

Published

on

Will ETH Price Decline More in 2026?

Ethereum’s native token, Ether (ETH), has fallen more than 35% against Bitcoin (BTC) over the past year, and the downtrend may still have further to go.

Key takeaways:

  • ETH may plunge another 40% as it mirrors the 2025 bear trend setup.
  • Rising Ether reserves on Binance, even as Bitcoin reserves decline, add to the case for further ETH downside.

ETH risks 40% decline after topping near multi-year trend line

ETH/BTC remains stuck below a multi-year descending trend line that has capped every breakout attempt since 2022, including one that preceded the nearly 70% decline between 2024 and 2025.

ETH/BTC monthly chart. Source: TradingView

A similar setup now appears to be taking shape again.

After retesting the same trend line in August 2025, ETH/BTC was rejected near a confluence of resistance that included the 0.382 Fibonacci retracement level and the 50-month exponential moving average (50-month EMA, red).

Advertisement

The pair has since turned lower and slipped back below its 20-month EMA (green) support near 0.034 BTC, a sign that sellers continue to dominate the trend.

The next major downside target for 2026 comes in around 0.0176 BTC if the weakness persists. This level, down about 40% from current rates, aligns with the 2020 cycle bottom.

Exchange reserves highlight ETH-BTC divergence

Exchange data points to persistent sell-side risk for Ether.

As of May, ETH reserves on Binance, the world’s largest crypto exchange by volume, had climbed to 3.62 million ETH, accounting for roughly 24.6% of all Ether held across exchanges, according to data resource CryptoQuant.

Advertisement

Ethereum reserves on Binance. Source: CryptoQuant

In comparison, Bitcoin reserves on Binance have fallen.

Bitcoin reserves on Binance. Source: CryptoQuant

Rising exchange balances usually signal that more tokens are available for sale, which can weigh on price when demand is not strong enough to absorb the added supply.

Falling reserves, on the other hand, often suggest coins are being moved off exchanges for longer-term holding.

In that sense, Binance reserve trends reinforce the broader market picture: Ether is facing relatively higher available supply, while Bitcoin is showing signs of tighter exchange-side liquidity.

Advertisement

Related: Four signs that show Ethereum’s rally is exhausted at $2.4K

Ethereum’s weakness reflects a broader shift in fundamentals. For years, Ether has lagged behind Bitcoin in part because Ethereum’s “ultrasound money” narrative has lost momentum.

BTC, on the other hand, continues to draw strength from corporate accumulation led by firms like Strategy and its growing integration into Wall Street portfolios.

Source link

Advertisement
Continue Reading

Crypto World

Bitcoin Holds $80K Into Weekly Close; Traders Expect Further Dip

Published

on

Crypto Breaking News

Bitcoin extended its sideways drift around the $80,000 level as traders weighed a possible retest lower ahead of the week’s end. After a midweek push toward the $83,000 mark that failed to hold, market participants are watching whether BTC can sustain above $80,000 or slip toward established support as momentum remains broadly constructive for a continuation higher.

Key takeaways:

  • Bitcoin has held above $80,000 through the weekend, but a sub-$80,000 retest remains on the radar for a test of nearby support.
  • The prevailing bullish narrative hinges on a confluence of support levels just under $80,000—the so-called bull market support band formed by two moving averages—and a broader high-timeframe blue zone around $75,000.
  • Inflation data in the U.S. next week is viewed as a potential catalyst, with traders saying the CPI release is largely priced in for the near term.
  • Key levels to monitor include the $74,000 area as a critical fallback and liquidity sweeps that could signal the next move.

Near-term path: bulls test the 2D bull market band

Price action on the hourly to short-term charts shows BTC padding gains after a quiet weekend, avoiding a drop back below the $80,000 threshold. The decline from the midweek high near $83,000 failed to establish a sustained breakout, prompting traders to re-emphasize a retest of support as a prerequisite for a renewed upside move. Analysts point to the “bull market support band”—a duo of moving averages just below the $80,000 level—as a critical zone where buyers have previously stepped in during pullbacks.

“On the low-timeframes, after rejecting at the high-timeframe resistance range, I believe the most likely outcome is a short-term pullback toward the 2D Bull Market Support Band, which has been a strong reversal zone over the last couple of months,” Cryptic Trades wrote in a recent post.

In the view of Cryptic Trades, as long as BTC holds above the band and the adjacent blue-highlighted high-timeframe support around $75,000—which aligns with a notable bottoming formation observed in April 2025—the door remains open to higher prices. The note underscores how these zones have repeatedly proven to be meaningful turning points during the current rally phase.

Support levels and what traders want to see

Market participants highlighted a preference for a clean break above the stubborn area in the low $80,000s to confirm a more durable move higher. Daan Crypto Trades noted that the initial advance above the band was not a decisive breakout, signaling the need for a sustained hold in the upper $80,000s to validate continued upside. “Would want to see a move to at least clear that sticky area around the low $80Ks and hold there for a week or two,” they advised on social media.

Advertisement

From a broader perspective, the $74,000 region remains in view as a potential liquidity pivot should selling pressure intensify. Traders caution that a sweep of liquidity around key pivots could signal the next directional shift, making the area around the $74k–$75k zone particularly consequential for the near-term trajectory.

Inflation data as a potential catalyst

The upcoming release of the U.S. Consumer Price Index (CPI) for April looms as a defining factor for the near-term path of BTC, with traders arguing that the data is largely priced in by the market. The CPI print is expected to reflect continuing macro pressures stemming from oil prices and broader geopolitical developments, with some observers suggesting the outcome could influence how large players adjust their risk profiles around this event.

“It’s priced in,” wrote Killa, a consistently watched figure on X, noting that BTC has tended to rally after the last two CPI releases. However, following 2025 CPI price action, he warned, there could be a shift as big players de-risk into the event counter-narrative.

Cryptocurrency traders point to the CPI milestone as a potential catalyst that may either reinforce Bitcoin’s upside or reintroduce volatility as participants reassess inflation trajectories and macro risk. While a hotter-than-expected print could inject risk-off sentiment, a cooler outcome could keep the bulls in control as liquidity conditions remain supportive in the longer horizon. The immediate question remains whether price action can maintain its footing above the core support bands while traders await fresh cues from the inflation data.

In addition to the CPI narrative, traders continue to monitor the response around the bull market support band and the broader blue-support region near $75,000. Should price manage to stabilize and then clear the upper resistance area, the odds of a renewed ascent improve, according to multiple analysts who weighed in on the weekend chatter.

Advertisement

Overall, the market appears to be trading with a structured plan: hold above the key support zones to preserve the upside thesis, while waiting for a clearer signal from price action and the CPI release. The outcome this week may hinge on whether buyers can demonstrate resilience in the face of a potential near-term pullback or whether selling pressure intensifies, prompting a deeper test of the lower support band.

As the week unfolds, traders will be paying close attention to whether Bitcoin sustains above the 2D bull market band and the blue higher-timeframe support near $75,000, and how the CPI reading translates into shifts in risk appetite. If the price remains anchored above these levels, the case for further upside remains plausible; if not, a test of the $74,000 area could reframe the near-term outlook and set the stage for a more measured consolidation before the next leg higher.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Source link

Advertisement
Continue Reading

Crypto World

Binance Reports 77% Emerging Market User Share as 1.4 Billion Adults Remain Unbanked Globally

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Binance’s emerging market user share rose sharply from 49% in 2020 to 77% in 2026, per platform data.
  • Around 83% of Binance’s multi-product users are based in emerging markets, showing deep regional engagement.
  • Stablecoin savers on Binance grew from 4% in 2020 to 28% in 2026, with 73% based in emerging markets.
  • Crypto platforms like Binance operate 24/7 with no minimum balance, lowering barriers for unbanked users globally.

Binance is addressing global financial exclusion by offering a full spectrum of products within one account. The platform aims to serve users across income levels, from basic savings to advanced trading tools.

With 1.4 billion adults still unbanked worldwide, according to the World Bank, crypto infrastructure is emerging as a practical alternative.

Binance’s data shows growing adoption in emerging markets, where its user share climbed from 49% in 2020 to 77% in 2026.

Crypto Infrastructure Reshaping the Economics of Financial Access

Traditional finance has long placed high barriers on participation. Geography, account minimums, and eligibility standards have historically shut out hundreds of millions of people.

Crypto platforms operate differently — they run 24/7, require no minimum balance, and function across borders through a single mobile interface.

Advertisement

Digital-asset platforms allow users to hold assets, earn yield, make payments, and access global markets. This changes who gets to participate and on what terms.

A person with limited access to traditional investment products can still engage with financial markets through one digital account.

Binance has built its platform around this premise. The company offers tools for capital preservation, passive yield, on-chain utility, and advanced trading — all within one account.

As Binance noted, “one account, access to a full spectrum of products so users can start where they are and grow on their own terms.” Users can start at any level and expand their participation over time as their needs evolve.

Advertisement

This range of options makes access more practical and durable. When diverse products exist on one platform, users are not forced to move between services as their financial goals change. That continuity matters, especially in markets where financial infrastructure is still developing.

Advertisement

Emerging Markets Drive Multi-Product Engagement on Binance

Binance’s growth in emerging markets reflects real demand for broader financial services. Users in these regions are not just trading — they are saving, sending money across borders, and generating yield.

Platform data shows that 83% of multi-product users are based in emerging markets. Binance has described its role as building “a platform where more of those financial functions can come together in a usable way.”

Stablecoin adoption further supports this pattern. Approximately 28% of Binance users holding at least $10 keep more than half their portfolio in stablecoins.

That figure was just 4% in 2020. Around 73% of all stablecoin savers on the platform are based in emerging markets.

Advertisement

This behavior points to Binance functioning as an integrated financial account for many users. Rather than a trading venue alone, the platform is serving savings and payments needs alongside crypto investing.

Binance stated that “the next era of finance will not be defined only by whether markets are open, but by whether more people can actually navigate them.” That is a meaningful shift in how users in lower-income environments are engaging with digital finance.

The data also shows that users with access to more products stay more engaged. Those using three or more products account for 14% of total active users. Broader product access, therefore, directly connects to deeper financial participation.

Advertisement

Source link

Continue Reading

Crypto World

Hyperliquid, EdgeX, Pump.fun Return $96M to Token Holders in 30 Days

Published

on

Hyperliquid, EdgeX, Pump.fun Return $96M to Token Holders in 30 Days

Three of DeFi’s relatively young applications, including Hyperliquid, EdgeX and Pump.fun, have distributed a combined $96.3 million to token holders over the past 30 days, as the sector’s focus shifts to actual earnings.

Hyperliquid led the pack, generating $50.95 million in revenue over the period, all of which went directly to token holders with zero spent on incentives, according to data from DefiLlama. Pump.fun came in second with $22.09 million returned to holders out of $38.81 million in total revenue. EdgeX followed with $23.26 million distributed to holders from $8.26 million in protocol revenue, suggesting that the platform is drawing on reserves or alternative income streams to reward holders.

On an annualized basis, Hyperliquid has generated $945.87 million in revenue over the past year, all returned to holders, while Pump.fun sits at $481.15 million and EdgeX at $236.42 million.

Among other major protocols, Chainlink returned $4.63 million to holders, Aerodrome $3.53 million and Uniswap $3.29 million across 44 chains. PancakeSwap generated $3.94 million in revenue but returned $2.48 million to holders while spending $905,260 on incentives.

Advertisement

Related: DeFi can freeze stolen funds, but not everyone agrees it should

Crypto community now focuses on revenue

The data comes as revenue is becoming the metric that matters most in crypto, with token holders pushing protocols to justify their valuations through actual earnings rather than transaction volumes or network growth figures.

“Nobody cares that your chain does 10x the TPS anymore,” wrote Robbie Klages, co-founder of The Rollup, referring to a blockchain’s measure of transactions per second. “The market is ‘show me the money right now.’ Treat it like a business not a network growth thesis,” he added.

Top DeFi protocols by Holders Revenue. Source: DefiLlama

Another X user wrote that the shift from narrative to earnings is “permanent now,” warning that protocols unable to show real revenue will be valued like pre-revenue startups in a rate hike environment, a reference to the kind of sharp devaluations that hit speculative assets when capital gets expensive.

Advertisement

Related: Aave-Linked DeFi United Details rsETH Recovery Plan

DeFi is becoming backend for onchain economy

Andre Cronje, founder of the popular DeFi protocol Yearn.Finance, said that DeFi in 2026 looks less like a speculative playground and more like functioning financial infrastructure. He noted that stablecoins have grown into a $320 billion market led by Tether and Circle, decentralized exchanges are processing over $160 billion in monthly spot volume and perpetual DEXs are handling $540 billion monthly.

Cronje added that lending protocols, including Aave, Morpho and Maple Finance, are sitting on $28 billion in active loans, while real-world assets are increasingly being used as onchain collateral. “DeFi is no longer just competing for APY. It is becoming the backend for the onchain economy,” he wrote on X.

Magazine: Guide to the top and emerging global crypto hubs — Mid-2026

Advertisement

Source link

Continue Reading

Crypto World

BeInCrypto Institutional Research: 15 Digital Asset Custody Providers Behind Crypto Adoption

Published

on

BeInCrypto Institutional Research: 15 Digital Asset Custody Providers Behind Crypto Adoption

Digital asset custody is one of the core trust layers behind institutional crypto adoption. Best Custody Provider is an award category within The BeInCrypto Institutional 100, an annual research-driven program recognising institutional digital asset excellence across 26 categories and six pillars. 

This category sits in Pillar 2: Capital Markets & Infrastructure. The 15 firms below are its longlist. A shortlist will be named in May 2026, with the winner announced at Proof of Talk in Paris on June 2–3, 2026. 

  • Long list: 15 custody providers across federal charters, NYDFS trust companies, MPC platforms, bank-backed JVs, APAC custodians, and off-exchange settlement networks
  • Initial pool: More than 30 qualified custodians and digital asset custody platforms screened; 15 advanced to the long list
  • Scoring: 50% quantitative data · 50% Expert Council
  • Criteria assessed: Qualified custodian status, assets under custody, institutional client base, audit posture, product depth, jurisdictional reach, settlement innovation, reputation
  • Data sources: OCC, NYDFS, FCA, FINMA, BaFin, MAS, MiCA-CASP registers, Jersey FSC, audited filings, company disclosures, PitchBook, Tracxn, and Crunchbase
# Firm Custody Sub-Segment HQ Reach Top Licensure / Charter Representative Work
1 Anchorage Digital Federal-chartered crypto custody SF / NY / Sioux Falls / Singapore / Porto $4.2B valuation
Backed by a16z, GIC, Goldman Sachs, KKR, Visa, Tether
First federally chartered US crypto bank
Atlas Settlement Network is live with institutional integrations
OCC National Trust Bank Charter
MiCA via BaFin, VARA, Singapore, Korea
2 Coinbase Custody US ETF custody provider Wilmington / SF, USA Custodian for 8 of 11 spot Bitcoin ETFs
80%+ of US Bitcoin ETF assets routed via Coinbase
NYDFS Limited Purpose Trust Charter
Coinbase Custody Trust Company
Primary custodian for IBIT
Co-custodian for Morgan Stanley Bitcoin Trust
3 BitGo Federally chartered public custody Sioux Falls / Palo Alto, USA $104B+ AUC
Thousands of institutional clients
Custody tech used by TradFi banks
Coverage across the US, EU, Switzerland, UAE, Singapore, Australia, Hong Kong
NYSE IPO completed in Jan 2026
First public federally chartered digital asset infrastructure firm
4 Fidelity Digital Assets, NA Asset manager-operated federal trust Boston, USA Custody for FBTC and FETH
Backed by Fidelity’s ~$15T+ AUA platform
Acquired TRES Finance and Dynamic
Building a custody, wallet, and accounting operating system
OCC charter approved Dec 2025
Plans include stablecoin issuance and staking services
5 BNY Global custodian with crypto surface New York, USA ~$55.8T AUC/A
Live BTC and ETH custody since 2022
OCC-regulated bank
Institutional custody operations
Co-custodian for Morgan Stanley MSBT
IBIT cash custodian and administrator
6 Fireblocks MPC-native institutional platform New York / Tel Aviv 2,400+ institutional clients
$4T+ annual digital asset transfers in 2025
NYDFS BitLicense
SOC 2 Type II + ISO 27001
OCC conditional national trust bank charter
Conversion from the New York State trust
7 Ripple Custody (Metaco) Bank custody technology stack Lausanne / SF Acquired Tungsten Custody in the UAE
Standard Chartered reportedly weighing full takeover
OCC conditional charter
FINMA-regulated custody stack
Ripple rebranded Metaco as Ripple Custody
Ripple National Trust Bank’s charter was conditionally approved
8 Sygnum Swiss-licensed crypto bank Zurich, Switzerland 2,000+ institutional clients
$5B+ AUM; unicorn valuation
FINMA banking licence
MAS, Liechtenstein, ADGM permissions
Reached unicorn status in Jan 2025
Sygnum Connect and Sygnum Protect live
9 Komainu TradFi-backed custody JV St Helier, Jersey Operations across Jersey, UK, Italy, Singapore, UAE, Japan
~120 staff target
Jersey FSC, UK FCA, UAE VARA
Italy OAM and Singapore MAS via Propine
$75M Series B funded in Bitcoin
Propine acquisition expanded Singapore custody hub
10 Zodia Custody Standard Chartered-backed custody London, UK ~150 staff across 7 offices
75+ digital assets supported
UK FCA, Ireland MiCA-CASP, Lux, ADGM
Hong Kong and Japan FSA coverage
Sub-custodian for Clearstream Crypto offering
AnchorNote off-exchange settlement launched
11 Crypto Finance Group Exchange-parent regulated custody Zurich, Switzerland Deutsche Börse majority-owned
Clearstream institutional distribution
FINMA Switzerland
BaFin licences + MiCA-CASP
Aura private wealth platform launched
Qualified custodian in the Fireblocks network
12 Hex Trust APAC custody anchor Hong Kong $104M raised
APAC and MENA institutional coverage
HK SFC, MAS CMS, ADGM, VARA, DFSA
Multiple licence categories
ClearLoop settlement network expanded
Komainu was integrated into ClearLoop in 2025
13 Copper Off-exchange settlement custody London, UK 200+ institutional clients
Multi-billion-dollar assets under custody
Switzerland SO-FIT affiliation
Abu Dhabi ADGM licence
~$2B valuation
9+ exchanges on the ClearLoop network
14 Ceffu Institutional MPC and OES Lithuania 200+ institutional clients
Multi-billion assets under custody
Lithuania MiCA-CASP
Multi-jurisdiction sub-custody arrangements
MirrorX off-exchange settlement integrated with KuCoin
EU institutional custody status expanded
15 Bakkt Trust NYDFS-regulated US custody New York, USA ICE-origin institutional custody
Multi-asset custody platform
NYDFS Limited Purpose Trust Charter
BitLicense + 50-state MTLs
Bakkt Warehouse supports institutional custody
$125M+ insurance across cold and warm wallets

About This List

The BeInCrypto Institutional 100 — Digital Asset Custody (2026 Long List) identifies custody providers supporting institutional digital asset adoption. The category covers federally chartered crypto banks, NYDFS trust-company custodians, MPC-native platforms, bank-backed custody ventures, APAC-regulated custodians, exchange-parent custody platforms, and off-exchange settlement networks.

Firms primarily focused on stablecoin issuance are evaluated separately under stablecoin infrastructure categories. Parent firms may appear in other categories when their custody product line meets that category’s threshold independently.

Methodology

This category is evaluated under Track A of the BeInCrypto Institutional 100 methodology: 50% based on quantitative metrics and 50% on Expert Council scoring.

Advertisement

Assessment spans seven weighted criteria: regulator-recognized qualified custodian status, assets under custody and institutional client base, regulatory and audit posture, product depth, multi-jurisdiction reach, settlement and capital-efficiency innovation, and reputation.

Data was verified using OCC national trust bank charter approvals, NYDFS BitLicense and trust-company registers, FCA, FINMA, BaFin, MAS, MiCA-CASP authorizations, Jersey FSC records, audited filings, company disclosures, partnership announcements, and private-market sources, including PitchBook, Tracxn, and Crunchbase. Figures reflect the most recent available data at the time of publication.

The post BeInCrypto Institutional Research: 15 Digital Asset Custody Providers Behind Crypto Adoption appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

Hyperliquid Burns 45 Million HYPE Tokens While Recording $1.5 Billion in Net Inflows

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Hyperliquid burned over 45 million HYPE tokens worth more than $2 billion using collected platform fees.
  • The exchange generates close to $1 billion annually and directs 100% of revenue toward HYPE buybacks and burns.
  • Burned tokens represent roughly 14.5% of the 310 million HYPE distributed in the first trader airdrop.
  • Hyperliquid recorded $1.5 billion in net inflows over three months as Arbitrum lost the same amount in outflows.

Hyperliquid has burned more than 45 million HYPE tokens as its fee-driven buyback model gains attention across the crypto market. The decentralized exchange recorded approximately $824,688 in fees within a single 24-hour period.

All collected fees went directly toward purchasing and burning HYPE tokens. The platform now reports close to $1 billion in annual revenue. Net flow data further shows $1.5 billion in inflows over the past three months.

Hyperliquid’s Buyback and Burn Model Sets a New Standard

Hyperliquid’s tokenomics structure differs from most crypto projects in circulation today. Rather than selling tokens to cover operational costs, the platform channels all revenue into buybacks. This approach has resulted in the permanent removal of 45,116,933 HYPE tokens from supply.

According to data shared by Hyperliquid Hub on X, the burned tokens carry a market value of over $2 billion. That figure equals roughly 14.5% of the entire first trader airdrop, which totaled 310,000,000 HYPE tokens. The scale of this burn reflects a consistent and structured approach to reducing supply.

The daily burn has remained steady, which sets it apart from one-time or irregular token removal events seen elsewhere.

Each fee cycle feeds directly into the Auto-Fill mechanism, which executes the buyback and burn automatically. Users who sell their HYPE to the AF effectively contribute to the permanent reduction of circulating supply.

With close to $1 billion in annual revenue, the platform sustains this model without relying on external funding or token sales.

Advertisement

This positions Hyperliquid as a revenue-generating protocol that returns value to its token holders through supply reduction rather than direct distributions.

Hyperliquid Records $1.5 Billion in Net Inflows Over Three Months

Capital movement data shows a strong preference for Hyperliquid among traders shifting funds between platforms.

The exchange recorded $1.5 billion in net inflows over the last three months alone. This trend points to growing user confidence in the platform’s structure and reliability.

By contrast, Hyperliquid Hub on X noted that Arbitrum recorded $1.5 billion in net outflows during the same period.

Advertisement

The contrast between the two figures shows a clear directional shift in where traders are choosing to deploy capital. Hyperliquid appears to be the primary destination for those exiting Arbitrum.

Net flow figures are a common measure of capital movement across blockchain platforms. Consistent inflows typically reflect user acquisition and growing liquidity. For Hyperliquid, the $1.5 billion figure adds to an already active period of protocol growth.

Together, the burn data and the net flow numbers paint a picture of a platform gaining both liquidity and long-term token value. The combination of revenue-backed buybacks and rising inflows continues to draw attention from traders watching on-chain activity closely.

Advertisement

Source link

Continue Reading

Crypto World

Bitcoin Due One More Dip Before BTC Price Uptrend Continues, Traders Agree

Published

on

Bitcoin Due One More Dip Before BTC Price Uptrend Continues, Traders Agree

Bitcoin (BTC) eyed $81,000 into Sunday’s weekly close as traders saw a fresh support retest next.

Key points:

  • Bitcoin preserves $80,000 over the weekend, but traders are waiting for a dip to retest a familiar chart feature.
  • Continuation higher remains the overall consensus for what happens afterward.
  • US CPI data is due out, with Bitcoin already “pricing in” the result.

Bitcoin traders: Sub-$80,000 retest next

Data from TradingView showed BTC price action trending higher after a mostly flat weekend, avoiding a return below $80,000.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

After a midweek trip to near $83,000 failed to hold, however, traders saw the need for BTC/USD to retest support — something that they now reiterated.

Of particular interest was the bull market support band — two moving averages just below the $80,000 mark.

Advertisement

“On the low-timeframes, after rejecting at the high-timeframe resistance range marked in purple, I believe the most likely outcome is a short-term pullback toward the 2D Bull Market Support Band, which has been a strong reversal zone over the last couple of months,” analytics account Cryptic Trades wrote alongside a chart in its latest post on X.

“As long as price continues to hold above the support band and the broader high-timeframe support range marked in blue around $75K, which aligns with the April 2025 bottoming formation, I believe the most likely outcome remains further upside.”

BTC/USD one-day chart. Source: Cryptic Trades/X

Trader Daan Crypto Trades agreed, calling the initial move above the support band “not a clean break.”

“Would want to see a move to at least clear that sticky area around the low $80Ks and hold there for a week or two,” he told X followers.

BTC/USD one-week chart. Source: Daan Crypto Trades/X

CPI already “priced in” to BTC

Ahead of fresh US inflation data next week, trader Killa warned of headwinds returning for BTC price strength.

Advertisement

Related: Bitcoin Bollinger Bands push key breakout as creator acts on positive signal

The Consumer Price Index (CPI) for April, due out on Tuesday, was set to show the ongoing impact of the US-Iran war and oil-price rises on the economy.

“Its priced in,” Killa wrote on X.

“BTC has rallied after the last two CPI releases. However,  if we follow 2025 CPI price action, we may see bigger players start de-risking into the event counter narrative.”

BTC/USD chart with CPI releases. Source: Killa/X

Support levels to watch also included the area around the bull market support band, with $74,000 on the radar, should it fail.

Advertisement

“I would watch for liquidity sweeps around this pivot to signal the next move,” Killa added.

Source link

Continue Reading

Crypto World

BeInCrypto Institutional Research: 15 Fintechs Bridging Fiat and Digital Assets

Published

on

BeInCrypto Institutional Research: 15 Fintechs Bridging Fiat and Digital Assets

Consumer fintechs and payment platforms are becoming one of the main distribution layers for crypto access. Best Digital Assets Fintech is an award category within The BeInCrypto Institutional 100, an annual research-driven program recognising institutional digital asset excellence across 26 categories and six pillars. 

This category sits in Pillar 1: Retail to Crypto Bridge. The 15 firms below are its longlist. A shortlist will be named in May 2026, with the winner announced at Proof of Talk in Paris on June 2–3, 2026. 

  • Long list: 15 fintechs across crypto-native payment infrastructure, stablecoin wallets, Lightning-based consumer rails, retail brokers, enterprise acquirers, and cross-border fintech platforms.
  • Initial pool: More than 30 consumer and B2B fintechs screened; 15 advanced to the long list.
  • Scoring: 30% quantitative data · 50% Expert Council · 20% disclosed company data.
  • Criteria assessed: Crypto product depth, distribution scale, regulatory standing, innovation, capital maturity, geographic reach, and reputation.
  • Data sources: NYDFS, FinCEN, FCA, MiCA-CASP, OCC, MAS, CySEC, AUSTRAC, FINTRAC, audited filings, company disclosures, PitchBook, Tracxn, and Crunchbase.
# Firm Fintech Sub-Segment HQ Reach Top Crypto Licensure / Product Representative Work
1 Stripe Crypto-native payment infrastructure South San Francisco / Dublin 100+ country stablecoin accounts
100M+ businesses on Stripe
Bridge OCC charter conditionally approved Acquired Bridge and Privy
Open Issuance powers Phantom CASH and MetaMask mUSD
2 PayPal / Venmo Consumer wallet + stablecoin issuer San Jose, USA 436M active accounts
PYUSD across 4 chains
PYUSD issued by Paxos Trust Expanded PYUSD into 70 markets
Launched PYUSDx framework with MoonPay and M0
3 Block (Cash App) BTC-native consumer fintech San Francisco, USA 57M Cash App monthly actives
$2.4B+ Bitcoin revenue Q4 2024
FinCEN MSB + state MTLs Expanded Lightning integration globally
Spiral continued Bitcoin core funding
4 Robinhood Retail broker with crypto stack Menlo Park, USA 26M funded customers
Bitstamp adds 5M+ users
MiCAR access in EU
Bitstamp FCA + NYDFS licences
Closed Bitstamp acquisition in 2025
Expanded into Canada through WonderFi
5 Circle Stablecoin issuer + banking distribution Boston / NYC USDC $73B market cap
Embedded into core banking platforms
OCC conditional charter approval NYSE IPO completed in 2025
Circle Payments Network expanded to 200+ banks
6 Revolut Multi-product fintech with crypto London, UK 65M customers globally
Revolut X across the UK and the EEA
FCA crypto registration + MiCAR-CASP Expanded Revolut X across Europe
Launched self-custody Revolut Wallet
7 SoFi Technologies US fintech with crypto relaunch San Francisco, USA 10.9M members
Galileo powers 100M+ accounts
FinCEN MSB + state MTLs Relaunched crypto trading in 2025
Stablecoin payments roadmap disclosed
8 KAST Stablecoin-native cross-border fintech Singapore 1M+ users
190+ countries
Operates through licensed partners Closed $80M Series A in 2026
Stablecoin spending integrated with Visa
9 Nubank LatAm fintech crypto distribution São Paulo, Brazil 65M customers globally
Revolut X across UK and the EEA
Paxos institutional trust framework Expanded token support during 2025
Cross-border crypto custody rollout planned
10 eToro Social trading + crypto platform Tel Aviv / Bnei Brak 30M users globally
100+ countries
FCA crypto registration + AUSTRAC + FinCEN Nasdaq IPO completed in May 2025
Unified crypto, stocks, and ETF trading
11 Strike Bitcoin and Lightning fintech Chicago, USA 100+ countries
50-state US coverage achieved
NY BitLicense + FinCEN MSB Approved for NY operations in 2026
Launched Bitcoin-backed lending products
12 ChangeNOW Non-custodial fintech ecosystem Saint Vincent and the Grenadines 8M+ users
$1B+ monthly volume
SOC 2 Type II + ISO 27001 Expanded NOW ecosystem across wallets, custody, APIs, and payments
Integrated across major wallet providers
13 Adyen Enterprise payment processor Amsterdam, Netherlands MiCAR access in the EU
Bitstamp FCA + NYDFS licences
DNB + ECB supervised Crypto acceptance expanded for Web3 merchants
Stablecoin payout rails under development
14 Checkout.com Enterprise merchant acquirer London, UK 2,000+ employees globally FCA-authorized + DIFC regulated Stablecoin settlement pilot announced in 2025
Expanded infrastructure for exchanges and onramps
15 BitPay Crypto payments processor Atlanta, USA Active since 2011
Supports BTC + 12 other assets
FinCEN MSB + multi-state MTLs Expanded BitPay Card nationally
Maintained merchant partnerships across retail and payments

About This List

The BeInCrypto Institutional 100 — Digital Assets Fintech (2026 Long List) identifies fintech firms connecting fiat payment systems with digital assets through consumer apps, enterprise infrastructure, stablecoins, Lightning rails, wallets, and embedded crypto services.

The category includes crypto-native payment processors, retail fintech platforms, enterprise acquirers, stablecoin-driven fintechs, and non-custodial ecosystems. Firms whose primary role is fiat onramp infrastructure are evaluated separately under the Onramp/Offramp category.

Methodology

This category is evaluated under Track B of the BeInCrypto Institutional 100 methodology: 30% quantitative metrics, 50% Expert Council scoring, and 20% disclosed data.

Advertisement

Assessment spans seven weighted criteria: crypto product depth, distribution scale, regulatory standing, innovation, capital maturity, geographic reach, reputation, and contribution across fintech sub-segments.

Data was verified against NYDFS, FinCEN, FCA, MiCA-CASP, OCC, MAS, CySEC, AUSTRAC, and FINTRAC registers, as well as audited filings, company disclosures, partnership announcements, and private-market sources such as PitchBook, Tracxn, and Crunchbase.

The post BeInCrypto Institutional Research: 15 Fintechs Bridging Fiat and Digital Assets appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

Sui Network Turns Three: CME Futures, Staking ETFs, and $2.6B DeFi TVL Mark a New Era

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • CME Group listed SUI futures, making Sui only the fourth L1 alongside BTC, ETH, and SOL in regulated derivatives.
  • Sui processed 65.8 million transactions in a single day within two months of its May 2023 mainnet launch.
  • Three US staking ETFs from Grayscale, Canary Capital, and 21Shares listed in early 2026 on major exchanges.
  • Hashi enables native Bitcoin collateral on Sui without wrapping or custody, with 20-plus institutions committing on day one.

Sui Network has completed three years since its May 2023 mainnet launch, marking the milestone with a string of institutional developments.

CME Group listed SUI futures contracts, making Sui only the fourth Layer-1 blockchain to enter CME’s regulated derivatives market.

The others before it were Bitcoin, Ethereum, and Solana. Three staking ETFs have listed in the US, cumulative active addresses passed 228 million, and DeFi total value locked peaked at $2.6 billion.

From Parallel Execution to Protocol Maturity

Sui launched with a clear architectural thesis: parallel execution should be built into a blockchain’s foundation, not added as an afterthought.

Within two months of launch, the network processed 65.8 million transactions in a single day. That figure was the highest recorded across all blockchains at the time, and gas fees remained nearly flat throughout.

Advertisement

Two infrastructure additions in 2023 shaped the chain’s long-term trajectory. In July, the Sui Foundation launched DeepBook, a native central limit order book embedded directly into the protocol.

Every DeFi application on Sui draws liquidity from the same shared pool, which is an uncommon design choice among Layer-1 networks.

In September 2023, zkLogin went live, allowing users to authenticate Web3 apps using Google or Facebook credentials.

Zero-knowledge proofs handle identity on-chain, removing the need for seed phrases or separate wallet setup. This lowered the entry barrier for mainstream users considerably.

Advertisement

By 2024, the focus shifted to consensus performance. In August, Mysticeti launched as a DAG-based consensus engine, cutting latency by 80% and bringing finality to 640 milliseconds.

Traditional financial players responded: Franklin Templeton announced a strategic partnership, and Grayscale launched the Grayscale Sui Trust.

Stablecoins, Bitcoin Collateral, and Regulated Products

Heading into 2025 and 2026, the infrastructure stack filled in steadily. Walrus Protocol added decentralized storage in March 2025, completing the native stack from execution to data storage. Mysticeti V2 followed in November, delivering sub-second finality and horizontal validator scaling.

In December 2025, 21Shares listed the first-ever SUI ETF on Nasdaq, a 2x leveraged product. By February 2026, three staking ETFs from Grayscale, Canary Capital, and 21Shares had listed in the US.

Advertisement

That same period saw USDsui launch through Stripe’s subsidiary Bridge, and cumulative stablecoin transfers on Sui crossed $1 trillion in March 2026.

Perhaps the most consequential development came with Hashi, developed by Mysten Labs. Hashi is a native Bitcoin collateralization primitive that allows BTC to be used directly as on-chain collateral, without wrapping or centralized custody.

The system is secured through MPC and Move’s ownership model. Over 20 institutions committed on day one, as noted in a post from the official Sui Network account.

Zero-fee stablecoin transfers were also announced at Sui Live Miami as coming soon, extending the chain’s payments utility further.

Advertisement

Source link

Continue Reading

Crypto World

Caesars Brought Las Vegas Online. DraftKings Brought Fantasy Sports Online. ZunaBet Brought The Future Online.

Published

on

Meet Zuno: The Zunabet mascot

Every platform’s identity is shaped by where it came from. Caesars brought the weight of Las Vegas online — decades of land-based casino heritage, a loyalty program connecting digital play to physical properties, and a brand that carried implied quality into the online space before the product had to prove it independently. DraftKings brought daily fantasy sports online — an existing engaged audience, American sports cultural fluency, and the operational readiness to capture the US sports betting market when regulation opened it.

Both identities produced genuine platforms for genuine players. The Caesars player who trusts the name from their Las Vegas visits. The DraftKings player who was already using the platform for fantasy leagues before real-money betting was legal. Both platforms continued to serve those players after the transition to licensed gambling.

ZunaBet brought something different online in 2026. Not a land-based heritage. Not a fantasy sports audience. The future — a platform built from scratch in the current year for the player who exists in the current year. The crypto-native player. The esports bettor. The player who wants sixty-three providers worth of game variety and a loyalty program that states its return before the first deposit. This article examines all three and explains what each identity produced.


Caesars: The Las Vegas Identity Online

The Caesars identity online is built on the transfer of trust from physical to digital. A player who has stayed at a Caesars hotel, played at a Caesars casino floor, or earned tier status through land-based activity finds the online product a continuation of a relationship that already existed. The brand’s implied quality arrived before the product had to earn it independently.

Advertisement

The casino product reflects genuine casino heritage. A substantial library from established providers, live dealer content informed by physical table game expertise, and a product that benefits from decades of understanding how casino players engage with their favourite games. The Caesars online casino is built by people who have been operating casinos long enough to understand the category deeply.

The sportsbook covers major US and global sports with in-play betting. The product serves the player who wants sports alongside casino from a trusted name.

Caesars Rewards is the identity’s most distinctive product feature. The cross-platform connection between online activity and land-based tier status — hotel rooms, dining, entertainment, physical casino status — has genuine value for the player who uses Caesars properties. Online gambling becomes part of a broader relationship with the brand rather than a standalone product.

The identity has clear limits for the player outside its profile. The cross-platform loyalty feature that makes Caesars distinctive is irrelevant to the exclusively online player who never visits a physical property — the program reduces to a standard points system for that player. Payment infrastructure is fiat-based with business-day withdrawal timelines. Crypto support is minimal. Geographic operation is bounded by US state licensing.

Advertisement

DraftKings: The Fantasy Sports Identity Online

The DraftKings identity online is built on audience conversion. The daily fantasy sports player who spent years managing lineups and tracking statistical outcomes found the transition to real-money sports betting natural when the legal framework allowed it. The brand they trusted for fantasy became the brand they trusted for betting without requiring them to learn a new platform or extend trust to a new name.

The sportsbook is the product that audience conversion produced. American sports coverage built for the fantasy-origin bettor — NFL with the market depth and statistical orientation that reflects genuine understanding of how this player engages with football, NBA, MLB, NHL, and college sports with comparable investment. The app is refined through years of this specific player’s feedback. In-play coverage is reliable. The product serves its converted audience consistently.

Meet Zuno: The ZunaBet mascot
Meet Zuno: The ZunaBet mascot

The casino has grown in proportion. A reasonable library, live dealer content, standard table game variants. The product serves the sports-first player’s secondary casino interest.

Dynasty Rewards is the identity’s loyalty expression. Points accumulate through play, tiers reflect volume, and benefits are redeemed through a structure that most experienced players find delivers less actual cash value than the tier descriptions initially implied when the conversion mathematics are properly applied. The gap between promise and delivery is consistent enough that it forms a regular part of how players describe their loyalty experience on review platforms.

The payment identity is fiat banking for the daily fantasy convert. Business-day withdrawal timelines. Bitcoin in select states as a response to demand rather than a native infrastructure commitment. Geographic operation is bounded by licensed US states.

Advertisement

ZunaBet: The Future Identity Online

ZunaBet launched in 2026 under Strathvale Group Ltd, operating under an Anjouan gaming license and registered in Belize. The team carries over 20 years of combined industry experience. It is not a US licensed operator and it does not hold state-level certification. Its identity is not built on transferring trust from a physical brand or converting a pre-existing digital audience. Its identity is built on being built in 2026 for the player who exists in 2026.

Playtech At ZunaBet
Playtech At ZunaBet

The game library is what a future-built casino identity looks like. ZunaBet carries 11,294 titles from 63 providers. The Caesars casino identity reflects land-based heritage. The DraftKings casino identity reflects sports-first priorities. ZunaBet’s casino identity reflects a player who needs genuine variety from multiple creative sources to stay engaged over the long term — sixty-three different approaches producing content with different mechanics, different volatility profiles, and different visual identities. Evolution for the full live dealer catalogue. Pragmatic Play across multiple categories. Hacksaw Gaming for the high-volatility mechanics experienced players seek. Yggdrasil for its distinctive design philosophy. BGaming for the crypto-native aesthetic. The identity sustains long-term engagement because it was built for the player who cycles through limited libraries quickly.

The sportsbook is what a future-built sportsbook identity covers. Football, basketball, tennis, NHL, and other major global sports alongside CS2, Dota 2, League of Legends, and Valorant as genuine primary markets. The future identity includes esports as a foundational sportsbook category because the player it was built for follows competitive gaming as seriously as traditional sports. Virtual sports and combat sports complete the coverage.

ZunaBet Sports
ZunaBet Sports

The payment identity is what a future-built crypto infrastructure looks like. More than 20 cryptocurrencies supported natively — BTC, ETH, USDT across multiple chains, SOL, DOGE, ADA, XRP, and others. No platform processing fees. Withdrawals settling in minutes. Apps across iOS, Android, Windows, and MacOS with 24-hour live chat support. The future identity was built for the player who holds cryptocurrency and expects platforms to handle it natively rather than approximately.


Payments: Three Identities, Three Outcomes

The payment comparison is a direct illustration of what three different identity origins produce.

Caesars’ land-based identity produces fiat banking payments — the infrastructure that casino hotels and physical gaming operations have always used. Business-day withdrawal timelines. Minimal crypto. The outcome reflects the identity’s origin.

Advertisement
ZunaBet Payments
ZunaBet Payments

DraftKings’ daily fantasy identity produces fiat banking payments — the infrastructure the fantasy sports platform was built on and the online sportsbook inherited. Similar timelines. Bitcoin in select states as a concession rather than a commitment. The outcome equally reflects the identity’s origin.

ZunaBet’s 2026 identity produces native crypto payments — the infrastructure built for the player who arrived in 2026 with cryptocurrency as their primary financial instrument. Twenty-plus coins natively supported. Minutes rather than days. No fees beyond network costs. The outcome reflects an identity built for the current moment rather than transferred from a previous one.


Loyalty Programs: Three Identities, Three Outcomes

The loyalty comparison is equally a comparison between identity outcomes.

Caesars’ identity produces Caesars Rewards — a cross-platform program with genuine value for the player who uses physical Caesars properties and a standard points system for the player who does not. The outcome serves one player type distinctively and another adequately.

DraftKings’ identity produces Dynasty Rewards — a points system that accumulates toward redemption options delivering less actual value than the tier descriptions implied for most players who calculate it. The outcome reflects an identity that inherited the points-loyalty standard of its era.

Advertisement
ZunaBet VIP
ZunaBet VIP

ZunaBet’s identity produces the dragon evolution loyalty system — six tiers, Squire through Ultimate, with a gamified mascot called Zuno and direct rakeback rates of 1%, 2%, 4%, 5%, 10%, and 20%. All tiers open. All rates applying to all activity. No conversion. No invitation. The outcome reflects an identity built for the player whose loyalty expectation is transparency rather than implied value.

Twenty percent at the Ultimate tier. The identity produces a loyalty outcome that the player can calculate before joining and verify throughout membership. Additional tier benefits — up to 1,000 free spins, VIP club access, double wheel spins — extend the identity’s loyalty outcome beyond the core rakeback.


The Welcome Bonus

ZunaBet new players receive a bonus across three deposits totalling up to $5,000 plus 75 free spins. First deposit matched 100% up to $2,000 with 25 free spins. Second deposit matched 50% up to $1,500 with 25 spins. Third deposit matched 100% up to $1,500 with 25 spins.

ZunaBet Welcome Bonus
ZunaBet Welcome Bonus

Caesars and DraftKings offer welcome promotions within their respective regulated US markets. Current terms vary by state and should be confirmed directly on each platform.


Three Identities, One Direction

Caesars brought Las Vegas online and its identity continues to serve the player who values that heritage and the cross-platform loyalty connection it enables. The identity is genuine and the outcome it produces continues to attract its intended player.

DraftKings brought daily fantasy sports online and its identity continues to serve the player who made that conversion. The identity is equally genuine and the outcome it produces continues to attract its intended player.

Advertisement

ZunaBet brought the future online in 2026 and its identity serves the player neither established identity was built for — the crypto-native, esports-betting, rakeback-expecting, large-library-needing player whose profile was not part of either established identity’s origin.

ZunaBet launched in 2026 and its identity is still being proven over time. Both established identities were tested and confirmed across years of consistent operation. ZunaBet’s identity is early in that testing and players should weigh that honestly.

But the identity built for the player who exists now — rather than the player who existed when Caesars built its land-based brand or when DraftKings built its fantasy sports audience — launched in 2026. That identity is ZunaBet’s and in 2026 the player it was built for is finding it.


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Advertisement

Source link

Continue Reading

Trending

Copyright © 2025