‍Evernorth Holdings Amasses $1 Billion in XRP, Eyes Nasdaq Listing Digital asset firm Evernorth Holdings, backed by Ripple, has accumulated over $1 billion in XRP tokens. This milestone marks a significant step towards institutional adoption of XRP and precedes Evernorth's planned public trading debut on the Nasdaq exchange under the ticker symbol XRPN. The company, launched in October, holds 388.7 million XRP tokens, valued above $1 billion. This development has coincided with an 8.6% surge in XRP's market value. Evernorth's formation involved a merger with Armada Acquisition Corp II and secured over $1 billion in funding from investors including Ripple, SBI Group, and Rippleworks. CEO Asheesh Birla stated the company is backed by a "world-class group of investors and leaders." Evernorth's move occurs amidst speculation surrounding XRP ETFs, though official decisions remain pending. Their publicly traded treasury vehicle offers a distinct avenue for institutional XRP exposure.
‍Metaplanet Announces $500M Bitcoin-Backed Share Buyback Tokyo-listed Metaplanet Inc. has launched a $500 million (75 billion JPY) share repurchase program, backed by a Bitcoin-collateralized credit facility. This initiative aims to enhance shareholder value by addressing the company's stock trading below the intrinsic value of its Bitcoin reserves. Metaplanet plans to repurchase up to 150 million common shares on the Tokyo Stock Exchange. To fund this, a credit line of approximately $500 million has been established. The company currently holds 30,823 BTC, valued at around $3.5 billion, and aims to accumulate 210,000 BTC by 2027.
‍WEMADE Launches 'Legend of YMIR' Globally, Blending Epic MMORPG with Web3 Ownership WEMADE has officially launched its fantasy MMORPG, 'Legend of YMIR,' worldwide on PC and mobile. The game integrates Norse mythology with blockchain technology, featuring Unreal Engine 5 visuals and five distinct classes. A pioneering player-led server operation system, the Partner's Server, allows players to bid for server rights, host events, and generate revenue. This system is supported by a DAO (Partner's Society) and a Treasury for profit sharing. The game includes large-scale Server Battles leading to the YMIR Cup esports tournament in 2026. Its WEMIX PLAY blockchain integration features a Play and Earn system with WEMIX rewards for top servers. Launch events include a lottery for 1 BTC and NFT airdrops.
‍World's First Blockchain-on-Chip for Autonomous IoT Unveiled A groundbreaking collaboration between the University of Southampton, Minima, Siemens Cre8Ventures, and ARM Flexible Access will launch the first industrial-grade microchip capable of running a full blockchain node in January 2026. The innovation, initially targeting commercial drones, integrates Minima's ultra-lightweight Layer 1 blockchain protocol onto flight controllers. This enables each drone to function as an independent node, enhancing security and autonomy. Leveraging Siemens' EDA toolchains and ARM's IP, the "blockchain-on-chip" architecture aims to embed trust at the silicon level for applications like autonomous vehicles and industrial IoT.
‍Scallop's $SCA Token Lists on Kraken, Enhancing Sui DeFi Ecosystem Scallop ($SCA), a money market protocol on the Sui blockchain, has officially listed on Kraken. This move significantly boosts the accessibility and liquidity of the $SCA token for global traders and institutions, strengthening the Sui DeFi ecosystem. The listing on Kraken, a highly regulated and trusted exchange, will enhance trading volume for $SCA, which is used for governance, staking, and incentivization within the Scallop protocol. Scallop is the first Sui DeFi protocol to receive a grant from the Sui Foundation and features a unique architecture separating collateral and lending markets.
‍Redacted Group and Tenset Merge to Revolutionize Web3 RWA Market Redacted Group ($RDAC) and Tenset ($10SET) are merging to establish a dominant position in the Real-World Asset (RWA) market within Web3. The alliance aims to democratize access to high-value investments such as film financing, real estate, and structured lending. The combined entity will leverage Redacted's network and venture backing with Tenset's launchpad infrastructure and community. Their first offering, CineFi, will focus on decentralized film financing, targeting a $20 billion-plus RWA opportunity. The platform will also explore tokenized real estate and mezzanine loans, emphasizing access to exclusive opportunities and sustainable growth independent of crypto market cycles. Existing communities of both projects will receive priority access to CineFi and enhanced benefits. The $RDAC token will serve as the access layer for these real-world asset offerings.
‍HTX Select Lists 38 Assets in Q3, Driving Gains Amid Market Consolidation Despite a market consolidation phase in Q3 2025, HTX Select (formerly Crypto Gem Hunt) reported a successful quarter with 38 new listings. Many of these assets, particularly in DeFi and AI sectors, delivered significant multi-fold returns for users. Notable performers included ASTER (+525%), Avantis (AVNT) (+14x), MEMECORE (M) (+435%), and Sahara AI (SAHARA) (+135.2%). The exchange highlighted its strategy of early identification and exposure to high-potential cryptocurrencies. HTX plans further TGE listings in Q4, reinforcing its commitment to providing users with early access to promising digital assets.
‍Malgo DEX Launches Fully Anonymous Monero P2P Trading Platform Malgo DEX has introduced a new feature enabling fully anonymous Monero P2P trading. The platform bypasses KYC/AML procedures, prioritizing user privacy and financial sovereignty. The upgrade expands trading pairs to include BTC, ETH, USDT, and XMR, secured by an automated escrow mechanism. Users can also set custom slippage tolerance. Malgo DEX aims to offer a fast, secure, and private P2P trading experience without registration.
‍Elon Musk Launches Grokipedia, AI-Powered Wikipedia Competitor Elon Musk has unveiled Grokipedia, an AI-powered encyclopedia aiming to challenge Wikipedia's editorial model. The platform utilizes X's Grok AI for content moderation, with users able to request changes, but the AI makes final decisions. Musk stated the goal is to deliver "truth, the whole truth and nothing but the truth," addressing his criticisms of perceived left-leaning bias on Wikipedia. Grokipedia, which is open-source, reportedly generated around 1 million initial articles and aims to be a more objective source of information.
‍Russian Youth Used 3D Printing and Crypto in Multi-Million Ruble Counterfeit Scheme Authorities in Russia have dismantled a counterfeit operation run by 15 young individuals, some minors, who allegedly produced over 2.5 million rubles (approx. $27,000 USD) in fake currency. The group utilized 3D printing for manufacturing and cryptocurrency for anonymous transactions. The suspects operated eight clandestine printing facilities and learned forgery techniques online. They used cryptocurrency to sell counterfeit banknotes, obscuring financial tracking. The group also profited from teaching their methods to others. This case highlights the evolving landscape of financial crime, where accessible technology and digital currency anonymity present new challenges for law enforcement.