James Wynn's 40x leveraged short position in BTC has been liquidated, resulting in a loss of over $100,000.

- EMCD launched a free crypto payment card enabling USDT spending via Mastercard , Apple Pay, and Google Pay, bridging digital assets to daily transactions. - Competitors like Exodus and Jour Cards introduced similar tools, targeting unbanked populations and expanding crypto utility for iTunes, gift cards, and global remittances. - Stablecoin transaction volumes hit $46 trillion in 2025, with 19% of crypto owners projected to use digital assets for payments by 2026, per eMarketer. - Traditional banks like

- Lighter secured $68M in a new round led by Founders Fund and Ribbit Capital, valuing it at $1.5B to boost DeFi trading infrastructure. - The funding aligns with a broader crypto VC surge, including Ripple's $500M and Lava's $200M, highlighting institutional interest in blockchain finance. - CEO Vladimir Novakovski emphasized scaling infrastructure with both equity and token subscriptions to enhance institutional-grade trading solutions. - Despite market caution, DeFi protocols like Lighter attract invest

- JPMorgan and DBS develop blockchain framework for cross-chain tokenized deposit transfers, aiming to set institutional payment standards. - The framework links DBS Token Services with JPMorgan’s Kinexys, enabling 24/7 real-time settlements across public and permissioned blockchains. - It addresses cross-border transaction demands, reducing fragmentation as global banks adopt tokenization. - Overcoming interoperability challenges could redefine institutional liquidity access and market reach.