Drift co founder Cindy Leow stepped down as the exchange relaunched as Velocity after its DPRK linked exploit
Bitwise launched NRR, the first spot NEAR ETP in the US, with in house staking
Jeeves raised $110M to scale its stablecoin native banking platform to 35 countries, with stablecoin volume above $1.5B annualized in 8 months
Ondo and Kakaopay Securities are partnering on global distribution of tokenized Korean equities
El Salvador is building a government backed app on Base, with Sivar by Modveon enabling US to El Salvador transfers for a flat $2
Coinbase will add support for Concrete (CT), with deposits unavailable until the issuer unlocks transfers
Earn Kit is live on Arc Mainnet, giving developers access to Morpho USDC and EURC lending, crosschain deposits via CCTP and gas sponsorship
Strategy launched a Credit Pricing Calculator comparing market prices for its preferreds with derived prices based on BTC Credit
Illinois published a draft rule launching its first digital assets tax
CEA Industries renamed itself BNB Standard Corporation after a community vote
Rep. James Comer is expanding his insider trading in prediction markets probe to Hyperliquid, Crypto[.]com and PredictIt
Coinbase Ventures and CMCC Global closed a funding round with prediction market liquidity firm Raven at a $90M pre-money valuation
MoonPay began full scale operations in South Korea, with new work alongside KakaoBank and KB Financial Group and existing partner Woori Bank
Avalanche saw +$266M in RWA market cap growth over 30 days, more than the next two chains combined
Arbitrum Foundation is subsidizing smart contract audits for teams building on Arbitrum
Morgan Stanley launched a Digital Asset Lab to test stablecoins, tokenized deposits, DeFi vaults and tokenized money market funds
Blockworks launched Blockworks Intel, an agent-based market intelligence product for underwriting and monitoring onchain assets
Monero released beta stressnet v3 ahead of the planned October 5 stressnet hard fork, testing FCMP++ and CARROT
Aave proposal seeks to deploy Aave V4 on Monad with three risk-tiered markets, USDC and USDT0 as borrowable assets
The interesting signal is how quickly crypto infrastructure is moving from asset trading to financial infrastructure stablecoin banking, tokenized equities, prediction-market liquidity, institutional digital-asset labs and on-chain credit are all developing in parallel. The ecosystem is starting to look much broader than just tokens and exchanges.