Daily Bits

The crypto market suffered a record $19 billion liquidation in 24 hours after President Trump announced it is thinking of enacting new 100% tariffs on China in November 2025, sparking a global sell-off.

Bybit became the first crypto exchange to receive the UAE’s full Virtual Asset Platform Operator License from the Securities and Commodities Authority, enabling it to offer regulated trading, brokerage, custody, and fiat services.

Ethena Labs announced JupUSD, the native stablecoin of Jupiter Exchange, built using its Stablecoin as a Service stack.

Plume has registered a transfer agent with the SEC, advancing its goal of bringing the US securities market onchain.

Mantle’s MNT token hit a record $7.5 billion market cap, doubling in the past month.

Plasma, a Layer 1 blockchain built for global stablecoin payments, has joined Chainlink SCALE and integrated Chainlink as its official oracle provider to power real-time payments, stablecoin liquidity, and cross-chain connectivity across 60+ networks.

Bitcoin’s seasonal “Uptober” rally is fueling a broad crypto surge, with Litecoin jumping 10% on ETF optimism and Stellar rising 9%.

Alpaca has launched its Instant Tokenization Network (ITN), a new infrastructure designed to enable instant minting and redemption of tokenized US stocks in-kind, available 24/7.

At Token2049 Singapore, Superteam Singapore hosted its fourth Ignition Demo Day, selecting six finalists from 223 Solana projects.

Swift announced at Sibos 2025 that it is developing a blockchain-based shared ledger with Consensys and over 30 global banks to enable real-time, 24/7 cross-border payments.