Binance will extend the monitoring tag to include more tokens
#Binance will add monitoring tags to #AnchoredEUR $AEUR , #VulcanForged PYR $PYR , #Secret $SCRT , and #Vanar $VANRY today, on July 3rd. Tokens labeled with the monitoring tag tend to show significantly higher volatility and risk than other listed tokens. They are subject to close oversight and regular evaluations. Users must complete a quiz every 90 days on Binance Spot and/or Binance Margin to trade tokens marked with the Monitoring Tag.
Extended raises $12.5M in a Strategic funding round
#Extended secures $12.5M in a Strategic funding round led by eToro, with participation from Jump Crypto and Alber Blanc. This funding round brings Extended's total funds raised to $19M. The funding round also marks the start of a partnership between Extended and #Zengo , a self-custody wallet recently acquired by eToro.
Extended is a perpetuals #DEX offering trading across 100+ markets including crypto, equities, FX, commodities, and indices, with up to 100x leverage.
#dYdX has rebranded as #Arcus , a new decentralized exchange built on #RobinhoodChain . Arcus offers 95 tokenized U.S. stocks for spot trading and waitlisted perpetuals, with zero web trading fees and planned pre-IPO access. The new project operates as an independent infrastructure layer and does not impact the existing #dYdXChain . The $DYDX token’s governance and staking framework remain unchanged, with staking rewards still paid in USDC.
#ArkInvest added $17.8M worth of #Circle shares to its portfolio as the USDC stablecoin issuer's stock slipped further. This acquisition follows a classic "buy the dip" strategy as Ark Invest continues to capitalize on market pullbacks to increase exposure to key crypto and fintech players. The firm's latest trading disclosure shows Ark acquired 287,609 Circle shares across its three exchange-traded funds: ARKK, ARKW, and ARKF.
Circle unveils a partnership with Standard Chartered
#Circle partners with #StandardChartered to launch an integrated access service for institutional clients to mint and redeem USDC, allowing eligible institutions to use USDC through a single onboarding and service process without opening a separate account with Circle. The launch makes Standard Chartered the first Global Systemically Important Bank (G-SIB) to offer institutional clients USDC minting and redemption through a single onboarding process, without requiring a direct Circle account.
The service connects fiat banking, digital asset infrastructure, and public blockchains in a bank-led solution, enabling faster value transfers and supporting institutional use cases such as on-chain settlement, treasury, and liquidity management, with future payment capabilities planned.
Binance unveils a partnership with Anchorage Digital
#Binance has partnered with #AnchorageDigital to bring Banking Triparty to institutional crypto trading. Through the partnership with Anchorage Digital, Binance's institutional clients can trade on the exchange while keeping assets in qualified custody, reducing idle collateral. The integration adds another banking partner for collateral management and marks the first crypto exchange integration with Anchorage Digital's Atlas settlement platform, expanding Binance's Triparty Banking network.
#Venice secures $65M in a Series A funding round, achieving a post-money valuation of $1B. The round was led by Dragonfly, with participation from Coinbase Ventures, North Island Ventures, and others. The new funding will be used to acquire GPUs and build proprietary data centers, reducing reliance on leased hardware and improving gross margins.
Venice is a privacy-focused, decentralized generative #AI platform that provides unrestricted access to advanced AI models for generating text, images, code, and documents.