8-15
Cboe BZX asks SEC to approve first U.S. 3x leveraged Bitcoin and Ethereum ETFs
Cboe BZX Exchange has filed with the U.S. Securities and Exchange Commission seeking approval to list what it says would be the first U.S. 3x leveraged Bitcoin ETF and 3x leveraged Ethereum ETF, alongside triple-leveraged gold, silver, oil and gas funds. The proposed products are designed to deliver 3x (or -3x) the daily performance of their underlying assets. If approved, the filings would broaden the range of crypto ETFs available in the U.S. market. The move would bring leveraged crypto ETFs into view for U.S. regulators, according to the filing.
BTC
BTC+0.91%
8-15
8-15
OCC grants World Liberty Trust conditional national trust bank charter to bring USD1 under federal oversight
The U.S. Office of the Comptroller of the Currency (OCC) has issued World Liberty Trust Company a preliminary conditional trust charter, allowing it to operate as a national trust bank and placing the issuance, custody and reserve management of the USD1 stablecoin under federal supervision. USD1 has a market capitalization of roughly $4 billion and ranks as the fourth-largest stablecoin by market value, according to CoinGape. The charter process has also drawn conflict-of-interest scrutiny.
USD1
USD1-0.01%
8-15
8-15
World Liberty Financial secures preliminary OCC approval for a bank charter
World Liberty Financial has received preliminary approval from the U.S. Office of the Comptroller of the Currency (OCC), clearing an early hurdle toward obtaining a bank charter. The company plans to set up a trust company to assume issuance, redemption and reserve management for the USD1 stablecoin, replacing BitGo. The move marks a step by a Trump-linked crypto project toward compliant banking services.
USD1
USD1-0.01%
8-15
8-15
Coinbase rolls out first production Solana smart contract, says 99.9% of Solana DEX tokens are now routeable
Coinbase said it has fully rolled out its first production smart contract on the Solana network. The company said the launch follows its acquisition of Vector, which brought in an experienced Solana development team focused on improving the DEX trading experience. Coinbase said it deployed a lightweight aggregator that enables routing for 99.9% of Solana DEX tokens and cut quote errors by 80%. The team said more optimizations are planned for later this year.
SOL
SOL+0.97%
8-15
8-15
World Liberty wins conditional OCC approval to issue USD1 via a national trust bank
World Liberty Financial has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to issue its dollar stablecoin USD1 directly through a national trust bank charter and to custody the reserves backing it. The approval requires the trust company to maintain at least $20 million in capital, appoint a qualified internal audit manager, and notify the regulator of major changes to its business plan. USD1 now has a market capitalization of roughly $4 billion, making it the fourth-largest stablecoin, Reuters reported. WLFI was trading at about $0.056 per token.
USD1
USD1-0.01%
8-15
8-15
XRP Ledger–tx bridge bug lets attacker mint bridged XRP from phantom deposits, draining about 200,000 in 94 payments
A bridge connecting the XRP Ledger to the tx chain was exploited through a flaw in its deposit-detection logic. The attacker crafted transactions with no real deposits, minted bridged XRP on the tx chain, then swapped it back into real XRP. About 200,000 XRP was transferred out across 94 payments, each correctly signed by 17 of 28 relayers. Ripple’s ledger was not compromised, but txEcosystem said bridged XRP on its chain is no longer fully backed.
XRP
XRP+0.13%
8-15
8-15
P2P.org partners with Arkis to let staked Solana and Avalanche assets be used as collateral
Crypto services provider P2P.org has partnered with DeFi protocol Arkis to allow users to use assets already staked on the Solana and Avalanche networks as collateral for borrowing or other financial transactions. The feature is designed to improve the capital efficiency of staked assets, enabling users to access liquidity without unstaking. The move could increase participation in staking for SOL and AVAX, raise the value locked on-chain, and support new approaches to capital use in the DeFi ecosystem.
SOL
SOL+0.97%
8-15