12h ago
KASTxyz rolls out crypto payment card letting users spend BNB, with points that may convert into company equity
KASTxyz has launched a crypto payment card that supports everyday spending, including payments made with BNB, and is expanding across Asia, Saudi Arabia and Dubai. The company says points earned through card usage could later be mapped into real equity in KAST. The announcement did not provide quantitative details such as token support beyond BNB, fundraising size, an equity conversion ratio, or a timeline, and it did not mention regulatory approvals or exchange listings.
BNB
BNB+1.94%
12h ago
12h ago
Bitcoin rises 2.5% and Ethereum jumps 9.51% as total crypto market cap rebounds to $2.14T
Bitcoin gained 2.5% in a single day, while Ethereum rose 9.51%, lifting the total crypto market capitalization back to $2.14T. A new stablecoin, OUSD, has officially launched with backing from more than 140 traditional finance and crypto institutions. The update did not cite any regulatory shift or technical breakthrough, but it was framed as a sign of recent market stabilization and returning confidence. As the two largest assets by market value, BTC and ETH helped set the tone for the strength of the rebound.
BTC
BTC+1.13%
12h ago
13h ago
Illicit stablecoin flows estimated at $141B put wallet-level KYC back on regulators’ agenda
An estimated $141 billion in illicit stablecoin flows—based on aggregated methodologies used by firms such as Chainalysis and TRM Labs—is intensifying regulatory momentum toward wallet-level KYC. The focus is shifting to fiat on- and off-ramps, stablecoin issuers and virtual asset service providers, while Tether and Circle have already made freezing sanctioned or crime-linked addresses routine and are expected to expand real-time screening and blacklist coordination. Tron has drawn added scrutiny because of high-frequency USDT transfers, even as the push does not directly ban self-custody but raises the compliance and operational burden of moving between stablecoins and fiat.
USDC
USDC+0.00%
13h ago
13h ago
BlackRock, Fidelity and other asset managers expand Bitcoin exposure via spot ETFs after January 2024 launch
The article examines how major asset managers including BlackRock and Fidelity have used spot bitcoin ETFs to gain exposure to BTC, with the trend accelerating after the products began trading in January 2024. It says participation now spans multiple types of regulated institutions, including asset managers, hedge funds, pension funds and insurers. The piece adds that activity goes beyond buying bitcoin spot, extending to services such as custody, clearing and derivatives that embed bitcoin into mainstream financial infrastructure. It argues that the ETF structure is driving sustained, measurable inflows rather than a one-off event.
BTC
BTC+1.13%
13h ago
13h ago
Binance and WLFI roll out USD1 promo offering 8.5% APY on the first $2,000 until July 27
Binance and World Liberty Financial (WLFI) have launched a limited-time yield promotion for the USD1 stablecoin, running through July 27, 2026. The offer pays an 8.5% annualized yield on the first $2,000 equivalent in USD1, while any amount above that earns 0.5%. The product is principal-protected and allows withdrawals at any time. The campaign has no overall participation cap and is positioned as an incentive to encourage USD1 deposits, holding, and everyday use.
USD1
USD1+0.04%
13h ago
13h ago
Hindustan Zinc shares rise over 3% as silver prices climb and FY27 Q1 update boosts sentiment
Hindustan Zinc shares rose more than 3% in a single session, hitting a one-week high and adding about Rs 6,815 crore to the company’s market value. The move came as the dollar index fell 0.6% for the week, its biggest weekly drop since early April, helping lift MCX silver futures for September by over 2% to Rs 2.38 lakh per kg. The company also issued an FY27 Q1 business update, with refined zinc output up 6% year-on-year to 213 kt while silver output slipped 0.4%. Hindustan Zinc is India’s largest zinc producer, accounting for nearly 80% of the country’s primary zinc output, and is among the world’s top 10 silver producers.
13h ago