Open USD has launched with more than 140 partners, emphasizing distribution and institutional adoption over pure scale. Stellar joined as a launch partner, while revenue sharing, zero mint and redemption fees, and consortium governance set the model apart.
The UK FCA has set a licensing timeline for crypto firms, with applications opening in September and closing on February 28, 2027. The new regime will take effect on October 25, 2027, covering exchanges, custodians, stablecoin issuers, staking firms, and other intermediaries.
Early Bitcoin investor Michael Terpin says the bottom hasn't been reached, predicting a drop to $57,000 in October and ruling out a new all-time high in 2026. Analyst Jason Fernandes agrees the bottom is yet to come but disputes the timeline, citing incomplete capitulation.
Vercel suffered a security breach allowing attackers to access API keys and backend settings; unverified forum listings claim $2M data sale. Orca and other apps rotated deployment keys. Vercel says sensitive environment variables were not compromised.
BIT co-founder and CCO Cynthia Wu said the Matrixport rebrand reflects a shift from a crypto-focused platform to a broader multi-asset financial services brand, with licensing and institutional business expansion underway.
CFTC Chair Mike Selig said the agency has launched Project Crypto with the SEC and is preparing clearer rules for DeFi, prediction markets, and crypto derivatives in the United States.
Ondo Finance filed a no-action request with the SEC to add an Ethereum-based token layer for OGM products. Custodian BitGo manages the onchain records while existing securities frameworks stay intact.
AlphaPepe announces the second CEX reveal for Saturday, featuring a mystery board with 14 exchange logos including Binance and OKX. After confirming Azbit as the first partner, the team hints at a higher-tier exchange, sparking price scenarios for ALPE.
