Ripple launches digital asset spot prime brokerage for US market

- Stream Finance's XUSD stablecoin collapsed to $0.30, freezing $160M in user funds after a $93M loss linked to an external fund manager. - The crisis followed a $100M exploit at Balancer Protocol, amplifying DeFi market anxiety and triggering rapid fund withdrawals. - Stream's high-leverage model and hidden $520M TVL vs. $160M actual deposits raised red flags about risky third-party fund usage. - XUSD's collapse exposed DeFi vulnerabilities, reigniting debates on third-party risks and urging audits for pr

- Sequans Communications sold 970 BTC to cut convertible debt by 50%, reducing total debt to $94.5M and lowering debt-to-Bitcoin NAV ratio to 39%. - Remaining 1,294 BTC collateralized outstanding debt, while the sale supported its ADS buyback program to boost Bitcoin per share metrics. - CEO Georges Karam called the move a "tactical value unlock," enabling strategic initiatives despite a $11M non-IFRS net loss in Q3 2025. - Enhanced liquidity now allows capital market initiatives like preferred share issua

- MYX Finance emerges as a key player in crypto-driven growth, leveraging energy infrastructure and DeFi trends for 2030 expansion. - Grid modernization and uranium sector advancements via ISR technology create indirect tailwinds for MYX's token valuation potential. - Strategic partnerships with energy firms and DeFi platforms could unlock cross-sector synergies through tokenized asset offerings and fee-sharing models. - Institutional confidence in DeFi and targeted capital mechanisms position MYX to capit

- ARK Invest added $12M in Bullish shares across three ETFs, boosting total holdings to $114M in the regulated crypto exchange. - Bullish secured New York licenses and expanded U.S. trading, processing $1.5T in volume since 2021 with institutional clients. - ARK's crypto ETFs now allocate 17.7%-29% to blockchain infrastructure, shifting focus from traditional tech stocks like Palantir . - The firm's strategy includes leveraging market dips, exemplified by its $172M Bullish investment post-NYSE IPO to capit