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Finance

Gaming Studio Snail Explores Developing U.S. Dollar Stablecoin

The gaming publisher is evaluating the feasibility of a proprietary stablecoin and has hired external consultant.

Gaming on a computer (Sean Do/Unsplash)

Markets

Citigroup CEO Confirms the Bank Is ‘Looking at the Issuance of a Citi Stablecoin’

Jane Fraser told analysts the bank is evaluating stablecoin issuance and advancing tokenized deposit solutions as part of a broader digital finance strategy.

(Miquel Parera/Unsplash)

Markets

ProShares Launches Leveraged Solana and XRP ETFs Following NYSE Arca Approval

The new futures-based ETFs aim to deliver 2x daily returns on SOL and XRP as spot ETF proposals await SEC decisions, ProShares said.

CoinDesk

Markets

Stablecoins May Reshape U.S. Treasury Market at $750B Threshold, Standard Chartered Says

Analyst Geoff Kendrick said stablecoins could hit $750 billion by 2026, pressuring debt issuance and USD demand.

(Sean Pollock/Unsplash)

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Markets

Kraken Debuts Derivatives Trading in U.S., Plans Expansion to Commodity, Stock Futures

The initiative comes on the heels of acquiring CFTC-regulated futures trading platform NinjaTrader for $1.5 billion.

Kraken on phone (PiggyBank/ Unsplash)

Tech

Risc Zero’s 'Boundless' Incentivized Testnet Goes Live

The incentivized testnet, which the team is calling its Mainnet Beta, will let users participate in the network's decentralized marketplace for ZK computation.

RISC Zero is building a scalable blockchain using zk rollups (Andrew Haimerl/Unsplash)

Markets

USDC Holders Can Now Earn Yield on Crypto Options Exchange Deribit

The reward rate for USDC on the exchange is 4% as of July 2025, but rates are subject to change by Coinbase.

Yield sign (Shutterstock)

Finance

Function Raises $10M to Bring Yield to Bitcoin; Gets Backing From Galaxy Digital, Antalpha, and Mantle

With $1.5B in FBTC TVL, Function aims to transform bitcoin into a productive institutional asset.

(Unsplash)

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Markets

Bitcoin's Volatility Will Continue to Decline as Adoption Grows: Deutsche Bank

Regulatory clarity, wider adoption, and long-term investment behaviors are stabilizing bitcoin's performance, the report said.

Deutsche Bank logo (Shutterstock)

Markets

Bitcoin, XRP Open Interest Nears Record High as Bull Market Pullback Unfolds

BTC is down, but not out as SOL finds new resistance at $168.

XRP prone to profit taking. (shutterstock_248427865)