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Ripple has closed its acquisition of non-bank prime broker Hidden Road and rebranded it as Ripple Prime, marking one of the company’s most significant deals to date and substantially expanding its operations beyond the digital assets sector.Ripple said it is now the first crypto company to own and run a multi-asset prime broker, covering everything from clearing, financing, and brokerage across digital assets, derivatives, swaps, foreign exchange, and fixed-income products for institutional clients.Ripple Prime’s business activity has already grown threefold since the $1.25 billion acquisition was announced in early April, Ripple said on Friday, adding that more growth from new…

Polymarket’s Chief Marketing Officer, Matthew Modabber, has confirmed that the platform plans to launch its own native token called POLY, alongside an airdrop for users. He shared the update during a podcast appearance, explaining that the team is focused on making sure the token offers long-term utility rather than rushing it out to chase short-term hype. The idea is to build something solid that sticks around and actually benefits users, instead of following the crowd just to keep up. Modabber made it clear they could have released the token earlier if they wanted to, but doing it right matters more…

Zelle will use stablecoins for faster cross-border money transfers. The recently passed GENIUS Act in the US gives clear rules, fueling Zelle’s global innovation push. Major US banks are backing Zelle’s blockchain-based cross-border network. Zelle, the payments processor that is widely used by millions of Americans for instant peer-to-peer (P2P) transfers, will now use stablecoins to power international transactions. Notably, the move, announced by Zelle’s parent company Early Warning Services, underscores how digital tokens backed by fiat currencies are rapidly reshaping global finance. Zelle goes global with the stablecoins integration For years, Zelle has been a staple of domestic banking…

Web3 is here to offer a decentralized future. However, the mass adoption of Web3 is significantly bottlenecked by user experience. From a DeFi swap to token approvals, all these interactions require an understanding of seed phrases, gas fees, and transaction signing. Besides, using blockchain applications can also feel challenging. This is where account abstraction in Web3 comes to the rescue.   This is a significant innovation that has simplified blockchain interactions, enabling programmable wallets and gasless transactions. In this blog, we will explore what account abstraction is in Web3, its importance, and how it works. Besides, you will also get to…

We don’t promote every ICO that pops up — most are hype with no staying power. But when something looks very hot or has the potential to be a good short-term cook, we write a guide so our community knows how to get in if they choose to. Our last two ICO guides were for Plasma and Pump.fun, and anyone who followed along managed to secure solid entries.Of course, that doesn’t guarantee the same outcome here. There is always risk. But after reviewing the project, the launch setup, and the current excitement in the market, we believe MegaETH has a…

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XRP has gone up by 3.3% in the past 24 hours after inflation in September in the United States came in below the market’s consensus estimate, favoring a bullish XRP price prediction in the near term. Economists expected that inflation would spike to 3.1% last month. However, they missed their forecast by 10 basis points. It would have been catastrophic if inflation actually accelerated, as it could have forced the Federal Reserve to postpone its interest rate cut planned for this month. However, market participants could now be assured that the Fed will follow through with its dot plot. Lower…

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Polymarket has surpassed $20 billion in total trading volume and has confirmed plans to launch its native POLY token. The team also confirmed plans to airdrop tokens for its investor base. Polymarket Confirms POLY Token Launch and Airdrop Matthew Modabber, Polymarket’s Chief Marketing Officer, revealed during a podcast appearance that the team is preparing to roll out the POLY token. They also announced a retroactive airdrop for loyal users.  According to Modabber, the project’s goal is to create a token with real, long-term utility rather than a short-term hype-driven launch. “We could have released it earlier, but doing it right…

Spot Ethereum exchange-traded funds (ETFs) have logged two straight weeks of outflows amid cooling investor sentiment after months of strong inflows. According to data from SoSoValue, Ether (ETH) products collectively posted $243.9 million in net redemptions for the week ending on Friday, following the previous week’s $311 million outflow.The latest data brings cumulative inflows across all Ether spot ETFs to $14.35 billion, with total net assets standing at $26.39 billion, representing about 5.55% of Ethereum’s market cap. On Friday, the funds also $93.6 million in outflows. BlackRock’s ETHA ETF led withdrawals with $100.99 million in outflows, while Grayscale’s ETHE and…