Flutterwave Selects Polygon as Primary Blockchain Partner for Cross‑border Payments
                    Flutterwave Selects Polygon as Primary Blockchain Partner for Cross‑border Payments
                
                Flutterwave partners with Polygon PoS to power instant, low‑cost cross‑border payments across 30+ African countries. Polygon Labs and Flutterwave announced a multi‑year partnership making Polygon PoS the default blockchain for Flutterwave’s new cross‑border payments product, with a pilot for select Flutterwave for Business customers in 2025 and full availability to business and Send App users […]
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                    Binance Denies Political Payback Tied To Trump’s Pardon Of Founder CZ
                
                
                    Following President Donald Trump’s pardon of Changpeng Zhao (CZ), the co-founder and former CEO of Binance, criticism has surged among Democratic lawmakers. Allegations of political paybacks have emerged, particularly in light of Binance.US’s recent listing of USD1, a stablecoin linked to Trump’s family and part of the DeFi platform World Liberty Financial (WLFI). Binance’s Alleged […]
                
            
        
                
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                    dYdX Eyes US Market Entry: Decentralized Crypto Exchange Plans Year-End Debut, Reuters
                
                
                    dYdX (DYDX), one of the leading decentralized cryptocurrency trading platforms in the industry, is reportedly preparing to enter the US market by the end of the year, following the recent shift in crypto policies by the Trump administration. dYdX Expands Amid Supportive Legislation In an interview with Reuters, Eddie Zhang, the president of dYdX, emphasized the importance of this move, stating that having a presence in the United States aligns with the platform’s future direction. Unlike centralized exchanges such as Coinbase (COIN) and Kraken, which act as intermediaries between buyers and sellers, dYdX aims to eliminate the middleman, allowing users to transact directly on a blockchain network that underpins cryptocurrencies. Related Reading: Bitcoin Price Path Ahead: 10 Indicators Converge For Market Surge, End-Of-2025 Projections The platform specializes in perpetual contracts, a form of derivative that enables traders to speculate on asset prices without ownership and without an expiration date, distinguishing it from traditional futures contracts. Since its inception, dYdX has surpassed $1.5 trillion in total trading volume. As part of its expansion strategy, dYdX plans to introduce spot trading for Solana (SOL) and other linked cryptocurrencies, potentially including XRP and Cardano (ADA), to US users by the end of the year. This move comes in the wake of President Donald Trump’s increased support for the cryptocurrency sector, which has led to the dismissal of numerous lawsuits against major crypto platforms and prompted financial regulators to develop specialized rules for digital assets. These new measures include Congress’s passage of the GENIUS Act earlier this year and the potential passage of the Market Structure Bill. Together, these measures address the industry’s call for a new framework that could boost adoption and growth of the broader digital asset ecosystem in the US. Trading Fees Slashed, Prospective Offerings Awaiting Guidance Upon its entry into the US market, Reuters reports that dYdX intends to reduce its trading fees significantly, with plans to cut them by as much as half, bringing them down to between 50 and 65 basis points. However, while perpetual contracts will not be available to US users immediately, Zhang expressed hope that regulators will eventually provide the necessary guidance for decentralized platforms to offer these products. Related Reading: Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto? The US Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) recently issued a joint statement indicating their willingness to consider allowing crypto perpetual contracts to trade across regulated platforms in the US, which could pave the way for dYdX’s future offerings. As of this writing, the platform’s native token, DYDX, is trading at approximately $0.30. However, the token has experienced a significant decline of nearly 68% over the past year, shedding about $1.43 billion in market cap value. Featured image from DALL-E, chart from TradingView.com
                
            
        
                
                    Bitcoin Hyper $25M Presale Brings Scalability to Bitcoin: Here’s Why It’s the Best Crypto to Buy
                
                
                    Quick Facts: 1️⃣ Bitcoin’s network is handling just 7 TPS with one-hour finality in real time, leaving it far behind scalable chains like Solana that can produce 65K TPS. 2️⃣ Bitcoin Hyper introduces the first true execution Layer 2 for Bitcoin, powered by SVM for sub-second, low-fee transactions. 3️⃣ Hyper can unlock fast payments, DeFi, […]
                
            
        
                
                    Bybit’s bbSOL Secures Institutional Custody via Anchorage Digital
                
                
                    Bybit’s staked solana token, bbSOL, has gained institutional custody support from Anchorage Digital, expanding secure access to Solana’s liquid staking ecosystem. Anchorage Digital and Bybit Bring Institutional Access to Solana Staking Bybit has strengthened its institutional foothold in the Solana ecosystem with Anchorage Digital now offering custody support for its staked SOL token, bbSOL. The […]
                
            
        
                
                    Crypto Crime In Thailand: Chinese Man Held Over $14M Ponzi Scheme
                
                
                    A Chinese national was arrested in Bangkok on Thursday, after police moved on a search warrant tied to an alleged crypto Ponzi scheme that took in more than 100 million yuan — roughly $14 million. Related Reading: IBM Unveils Digital Asset Haven For Banks And Governments – Details The man, named Liang Ai-Bing, was found […]
                
            
         
                 
                
                
             
                
                
             
                
                
             
                
                
             
                
                
             
                
                
             
                
                
            