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Deal basics: Who’s involved, and what’s being built? Evernorth is a newly formed “digital asset treasury” whose core idea is simple: Raise a large pool of cash and use most of it to buy and manage XRP.Rather than requiring companies to hold the token directly, Evernorth aims to offer a publicly traded stock that provides XRP (XRP) exposure through a corporate balance sheet.To fast-track its public debut, Evernorth is merging with Armada Acquisition Corp. II, a special purpose acquisition company (SPAC) — a listed shell that helps private firms go public. If shareholders and regulators approve, the combined company aims…

Employees at the Los Angeles County Museum of Art have formed a union in association with the AFSCME Cultural Workers United District Council 36. The workers leading the effort, which they have called LACMA United, said they were being paid wages that haven’t kept up with rising cost of living and that employees needed greater long-term stability. They also called for “fairer compensation, expanded benefits and increased transparency in institutional protocols and resources,” according to a release. The letter, dated October 29, was addressed to “Our Fellow Coworkers, Executive Team, and Board of Trustees.” In the letter, LACMA United said…

Blockchain data suggests more people are transacting on the Tron network than ever before amid strong retail adoption and the rising popularity of the high-speed, low-cost chain.The number of daily Tron daily active addresses rose to a record 5.7 million on Tuesday — beating the previous record of 5.4 million set the day before — while the more than 12.6 million transactions clocked on Tuesday were the highest daily tally since June 12, 2023, TRONSCAN data shows.“No headlines. No hype. Just raw throughput. That’s top-tier activity with zero fanfare,” blockchain analytics platform Nansen said in a post to X on…

Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.The Korean won and the Taiwan dollar can’t really leave their shores, bound by local rules born in the aftermath of the 1997 financial crisis that keep them home.Japan’s yen, by contrast, flows freely. That convertibility makes it the perfect candidate for a stablecoin that brings Japan’s low-rate liquidity into DeFi, where traders can chase higher yields in…

Opinion by: Brian Huang, co-founder of GliderCrypto markets run 24/7. Today’s wallets leave users exposed to constant risk, highlighting the urgent need for automated protections that operate around the clock. While the US stock market closes every weekday at 4:00 p.m. ET, cryptocurrency markets never sleep. As more assets, including stocks, move onchain over the next few years, it won’t be long before most assets will trade 24/7. While permissionless access to assets around the world is great, no consumer tool today, whether TradFi or DeFi, is built to protect users around the clock. We’re quickly moving into a new era of…

Ethereum (ETH) is struggling to reclaim higher levels as the broader crypto market consolidates following the recent crash. Despite short-term weakness, several analysts suggest that ETH may be entering a bullish accumulation phase, with price action stabilizing around the key $4,000 level—a zone that has historically served as both strong resistance and support. The asset’s resilience amid market uncertainty reflects growing confidence in Ethereum’s long-term fundamentals and network activity. Related Reading Adding to the intrigue, on-chain data from Lookonchain revealed that an Ethereum ICO participant has re-emerged after nearly eight years of dormancy, transferring 1,500 ETH—worth approximately $6 million—to Kraken…

Revolutionizing Cryptocurrency MiningAs the cryptocurrency landscape evolves, SJMine is at the forefront with its cutting-edge cloud mining platform. Designed for efficiency, sustainability, and ease of use, SJMine’s high-speed Bitcoin (BTC) and Dogecoin (DOGE) mining system empowers users worldwide to earn crypto effortlessly. By leveraging advanced technology, SJMine simplifies mining, making it accessible to everyone from beginners to seasoned investors.What Sets SJMine Apart?SJMine redefines cloud mining by eliminating the complexities of traditional setups. Users no longer need to invest in expensive hardware, manage energy costs, or navigate technical challenges. Instead, SJMine offers a seamless, cloud-based solution that delivers consistent profits through…

Real-world asset tokenization platform Ondo Global Markets has expanded its tokenized product offerings to BNB Chain, enabling access to more than 100 Wall Street stocks and exchange-traded funds to BNB Chain’s user base.“The integration provides BNB Chain — with its 3.4 million daily active users and expansive DeFi ecosystem — access to over 100 tokenized US stocks and ETFs, supported by leading ecosystem projects such as PancakeSwap,” Ondo said in a statement on Wednesday.PancakeSwap is BNB Chain’s largest decentralized exchange and will be the primary platform for trading tokenized versions of US stocks and ETFs.Today, Ondo Global Markets expands to…

Every investor knows that entry price determines the outcome. Whether you’re chasing 10x, 100x, or 1000x returns, your cost basis is the most powerful variable in the equation. That’s why the presale for Milk Mocha $HUGS token is drawing increasing attention from early-movers and serious ROI-focused buyers. The numbers are simple: whitelist entry locks in a token price of $0.0005 or lower, while public-stage entries could cost over four times that.This article cuts through the fluff. No hype, no vague promises, just math. If you’re looking for the big presale crypto to buy now, one that rewards early access with…

Securitize, a real-world asset tokenization platform, has unveiled a tokenized fund designed to give investors access to AAA-rated collateralized loan obligations onchain.The fund is being developed in partnership with global investment bank BNY Mellon. According to Wednesday’s announcement, BNY will safeguard the fund’s underlying assets, while a subsidiary of the bank will manage the fund’s portfolio. With global collateralized loan obligation issuance topping $1.3 trillion, Securitize and BNY aim to bring AAA-rated floating-rate credit onchain, the company said.Pending governance approval within the Sky Ecosystem, Grove, an institutional-grade credit protocol, plans to anchor the fund with a $100 million allocation.Tokenization is…