Ripple Strengthens Crypto Custody—What This Means for Banks

Key Takeaways Ripple is rapidly positioning itself as a dominant player in institutional crypto services through strategic acquisitions and new service launches. The company recently acquired crypto custody firm Palisade and launched a digital asset spot prime brokerage in the United States, signaling a strong push to serve banks, fintechs, and corporate clients. Ripple Acquires…

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Toncoin Purchase Sparks Nasdaq Reprimand for TON Strategy Over $272M Transaction

Key Takeaways: Nasdaq has formally reprimanded TON Strategy for its $272.7 million purchase of Toncoin, citing breaches of shareholder approval requirements. The warning, disclosed in an 8-K filing with the US Securities and Exchange Commission, follows the company’s private investment in public equity (PIPE) financing. Nasdaq emphasized that issuing common stock representing at least 20%…

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Trump’s 90-Day Tariff Pause Triggers Cryptocurrency and Stock Market Surge

In a dramatic move, former President Donald Trump announced a 90-day pause on tariffs for most countries, excluding China. This unexpected shift in trade policy ignited a surge in both the cryptocurrency and stock markets, signaling a wave of optimism among investors. The tariff relief, shared via Truth Social, immediately impacted financial markets, with stocks…

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TRON Founder Justin Sun Alleges FDUSD Issuer is ‘Effectively Insolvent’—First Digital Trust Fires Back

The cryptocurrency space was rocked this week by bold accusations from TRON founder Justin Sun, who claimed that First Digital Trust (FDT), the issuer of the FDUSD stablecoin, is “effectively insolvent.” Sun warned users to secure their assets from any projects linked to FDT, citing serious concerns about the company’s ability to fulfill redemption requests….

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