Crypto Miners

We feel like most people still see #Binance as just a crypto exchange… but that take already feels kinda outdated.

Like, in just 90 days, it went from basically zero to doing around $7.6B daily in gold and $6.4B in silver. That’s not normal growth, that’s the kind of shift where you start asking where price discovery is actually happening now.

And the crazy part is, those numbers aren’t small in a “crypto” sense, they’re big even compared to traditional exchanges. It’s already doing multiples of places like MCX, DGCX, TOCOM, and even touching a noticeable share of SHFE. At that point, it’s not experimenting with TradFi… it’s operating at that level.

But what really clicked for us is the 24/7 angle.

News breaks at random times. Weekends, late nights, whenever. Traditional markets just… wait. But here, people are already trading, already reacting, already setting expectations before those markets even open. That kind of changes how everything gets priced globally.

And then you realize it’s not just about one asset anymore.

You’ve got crypto, gold, silver, oil, even equities, all sitting in the same place. No jumping between platforms, no fragmented setups. Just one continuous market where you can actually think in terms of a full portfolio instead of isolated trades.

Plus there’s this whole CeFi + DeFi overlap happening in the background. Liquid markets on one side, on-chain RWAs growing fast on the other. That combo of liquidity + programmability is kinda new if you think about how TradFi usually works.

Feels like the line between crypto and traditional finance isn’t something that’s coming later… it’s already getting blurry.

Anyway, worth paying attention to.

Trade the world, 24/7.

Forbes estimates Binance founder CZ’s net worth at $108.9B, placing him ahead of Bill Gates and making him the richest entrepreneur in the crypto industry.

According to Forbes, CZ owns around 90% of Binance, with the exchange generating an estimated $16B in annual revenue through trading fees and platform operations.

The ranking also reflects a roughly $47B increase in his net worth over the past year, underscoring the scale of Binance’s business as exchange activity continues to drive revenue.

Binance bStocks has crossed $100M in assets under management just 15 days after launch

holdings grew 18x from day one, while cumulative trading volume reached $458M over the same period

the early data suggests tokenized stocks are finding an audience much faster than many expected

nearly half of all trading happened outside U.S. market hours, highlighting how users are taking advantage of 24/7 access instead of waiting for Wall Street to open

adoption has also been driven by emerging markets, with 58% of trading volume coming from users outside developed markets

that accessibility is showing up in how people trade too, with more than 80% of all bStock trades being fractional

it’s another sign that tokenized equities are making global market access more flexible, combining traditional assets with the speed and accessibility of crypto infrastructure

Sharplink buys 5,000 ETH in first purchase in eight months

@Sharplink has reportedly acquired 5,000 ETH worth approximately $7.85 million, marking its first ether purchase since October 2025, according to onchain analyst EmberCN.

The reported acquisition reinforces Sharplink’s Ethereum treasury strategy, with the company remaining the world’s second-largest public holder of ETH.

Binance has announced an update to its MiCA licensing plans in Europe.

The company will withdraw its MiCA licence application in Greece and instead pursue authorisation through another EU member state.

The move doesn’t change Binance’s commitment to Europe or its intention to operate under the MiCA framework. It’s a change in the licensing route, not the destination.

Binance will make the necessary changes where required and will contact any affected users directly with clear guidance on the next steps.

If you’re a Binance user in Europe, there’s no action to take unless you receive a notification. Binance also says user funds remain safe and secure, and that it remains committed to securing MiCA authorisation through the new path.

Binance has announced an update to its MiCA licensing plans in Europe.

The company will withdraw its MiCA licence application in Greece and instead pursue authorisation through another EU member state.

The move doesn’t change Binance’s commitment to Europe or its intention to operate under the MiCA framework. It’s a change in the licensing route, not the destination.

Binance will make the necessary changes where required and will contact any affected users directly with clear guidance on the next steps.

If you’re a Binance user in Europe, there’s no action to take unless you receive a notification. Binance also says user funds remain safe and secure, and that it remains committed to securing MiCA authorisation through the new path.

Binance has rolled out an update to its Chat feature, introducing several usability improvements across the platform.

New additions include the ability to pin Chat to the home tab bar, enhanced sharing tools, easier ways to connect with others, and improved spam controls.

The update continues the expansion of Binance Chat as part of the app’s integrated social experience.

fomo raises $75M Series B led by Index Ventures

@fomo announced a $75 million Series B round led by Index Ventures, with participation from USV and continued backing from Benchmark. The raise values the social trading app at $550 million.

In its first year, fomo surpassed 625,000 users, generated more than $4 billion in trading volume, and onboarded 68,000 first-time crypto buyers through Apple Pay.

Toss Bank partners with Solana on cross-border payments

@solana announced that South Korea’s @toss__official has signed an MOU with the @SolanaFndn to explore global remittances and settlement services using stablecoins and blockchain infrastructure.

The partnership marks the first direct collaboration between a Korean internet-only bank and the Solana Foundation, with plans to potentially expand into broader payment, digital asset, and tokenization use cases.

Andre Cronje and two others step down from Sonic Labs board

@Sonic Labs has announced the departure of board members Andre Cronje, Michael Kong, and David Richardson as part of a leadership restructuring, appointing Matt Visser as CEO and Kosta Kourkoumelis as COO.

The company said the trio remains invested in Sonic’s future but will no longer be involved in business decisions, as the network works to rebuild with its S token trading roughly 97% below its all-time high.

Fidelity launches stablecoin reserve fund

#Fidelity introduced a dedicated money market fund designed for stablecoin issuers and institutional clients, investing in short-term Treasuries and cash-equivalent assets.

The launch comes as Wall Street firms increasingly build infrastructure around stablecoin reserves following the regulatory framework established under the GENIUS Act.

Lista DAO adds support for tokenized stocks

@lista_dao became the first lending protocol on BNB Chain to support bStocks, allowing users to borrow against tokenized U.S. equities issued through Binance.

Assets including NVIDIA, Tesla, Circle, Micron, SanDisk, and SpaceX can now be used onchain around the clock while continuing to generate yield opportunities.

Binance reports higher BTC and ETH balances in latest PoR

@binance’s June Proof of Reserves report showed user BTC balances rising to more than 630,000 BTC, while ETH balances climbed above 4.14 million ETH.

The update reflects growing user holdings on the exchange as Binance continues publishing reserve data through its transparency program.

Tether to discontinue aUSDT and wind down Alloy platform

@tether has announced plans to shut down Alloy by Tether and discontinue support for aUSDT, its gold-backed, over-collateralized stablecoin.

The platform will stop allowing new positions and aUSDT minting immediately as Tether shifts resources toward products with stronger demand, including XAUT and other core offerings.

MiCA was supposed to make Europe simpler for digital asset companies

one framework, one set of rules, and a clearer path to operating across the region

which is why the recent situation around @binance’s MiCA application has raised important questions about how the framework is being implemented in practice

Binance says it has spent the last 18 months working through the MiCA process and engaging with regulators, yet uncertainty around the outcome remains

that matters because regulatory clarity affects more than just companies. it impacts liquidity, competition, product availability, and ultimately user choice

Binance has stated that users can continue to access, withdraw, and manage their accounts as normal, while remaining committed to its European users and ongoing compliance efforts

Europe has a real opportunity to become a leader in digital assets, but that depends on MiCA being applied consistently and predictably across member states

the discussion may involve Binance today, but the outcome matters for the future of Europe’s digital asset market as a whole

Tether partners with Dubai’s DMCC on tokenization initiatives

@Tether USDT signed an MOU with Dubai’s @DMCCAuthority free zone to collaborate on blockchain education, tokenization projects, and digital asset development.

The partnership aims to support practical blockchain adoption through workshops, pilot programs, and industry initiatives across the region.

Mirae Asset partners with Ondo for tokenized ETFs

South Korea’s @miraeasset is working with @OndoFinance to bring its Global X ETF lineup onchain through Ondo Global Markets.

The partnership will cover thematic ETFs focused on areas such as AI, blockchain, robotics, and defense.

Strategy buys another 1,587 BTC for $100M

Michael Saylor’s @Strategy has acquired an additional 1,587 BTC for approximately $100 million, increasing its total bitcoin holdings to 846,842 BTC.

The purchase was funded through MSTR stock sales and follows Saylor’s latest “Still adding dots” signal, pushing Strategy’s treasury to more than 4% of Bitcoin’s total supply.

World Liberty Financial to fund UFC bonuses with USD1 stablecoin

@worldlibertyfi will contribute $250,000 in USD1 stablecoin to the Performance of the Night bonus pool at UFC Freedom 250, bringing its stablecoin directly into one of the UFC’s highest-profile events.

The White House-hosted event will feature USD1 payouts as part of a record-breaking fight-night bonus package, marking another step in the stablecoin’s growing real-world presence.