‍Bridge: Revolutionizing Institutional Crypto Communications with Compliance The Tie introduces Bridge, a new communication platform designed for secure, compliant crypto interactions among traditional financial institutions. Addressing the shortcomings of current channels like Telegram and X, Bridge implements KYC/KYB protocols, email domain verification, and immutable audit logs to meet stringent regulatory standards. "Every regulated institution operates under clear obligations," notes Melvin Deng, CEO of QCP. "In crypto, those basics have long been missing." Bridge integrates with compliance systems like Global Relay, offers centralized team management, and provides AI-powered access to institutional data. Launching in early 2026 at $5/user/month, Bridge aims to foster safer institutional participation in digital assets.
‍WeFi Appoints Ex-Visa Executive Michael Batuev as Global Head of Payments WeFi, a decentralized finance platform, has appointed Michael Batuev, former Visa digital solutions lead, as its new Global Head of Payments. Batuev's extensive fintech experience, including his roles at Visa and Tangem, will drive WeFi's expansion into Europe and Asia-Pacific. "The payments industry is now at a turning point," stated Batuev. "WeFi’s model combines the trust of banking with the freedom of Web3. It creates the foundation for what modern payments should be: instant, transparent, and truly global." WeFi aims to merge traditional finance with DeFi, offering services like virtual cards and on-chain payments within transparent frameworks.
‍MEXC Foundation and TRIV Launch F.I.R.E Scholarship for Indonesian Web3 Leaders The MEXC Foundation and TRIV have launched the F.I.R.E Scholarship Program to cultivate Web3 innovators in Indonesia. The program offers full tuition support for one semester to up to 20 students from six leading universities. Recipients gain access to mentorship and industry exposure. Applications are open until November 30th.
‍Bybit Launches Social Referral Program for Real Farmer on Solana Bybit's Byreal platform has introduced a new Referral Feature to its social DeFi product, Real Farmer. This update aims to enhance user engagement and collaboration in copyfarming. The feature allows existing users to invite new participants, earning rewards based on their referees' activities, such as copied strategies and liquidity added. This can potentially boost Liquidity Position rewards by over 10%. Built on the Solana blockchain, the initiative was unveiled at the CCCC event and is supported by seven Solana partners. Emily Bao, Founder of Byreal, stated that the program transforms yield farming into a social, copy-and-earn experience.
‍Ontology Community Approves Major ONG Tokenomics Shift The Ontology blockchain community has overwhelmingly approved a proposal to reduce the total supply of ONG tokens from 1 billion to 800 million. This significant change, supported by a unanimous on-chain vote, also introduces a permanent liquidity lock. Jun Li, Founder of Ontology, stated the adjustment sets ONG on a "clear, sustainable path," aiming to simplify planning for developers and encourage on-chain usage as the network prepares for its MainNet v3.0.0 upgrade.
‍Zaiffer Unveils Confidential Tokens (cTokens) for Compliant DeFi Zaiffer, a new venture backed by Zama and PyratzLabs with a €2 million investment, is introducing confidential tokens (cTokens) to enhance privacy and compliance in DeFi. Leveraging Zama's Fully Homomorphic Encryption (FHE), cTokens will conceal transaction values while preserving audit trails and enabling selective disclosure, making them compatible with existing EVM tokens and DeFi applications without requiring new infrastructure or wallets. "FHE is ready for mainstream applications," states Rand Hindi, CEO at Zama. "With Zaiffer, we demonstrate FHE’s ability to power real-world financial infrastructure, combining confidentiality with regulatory compatibility." Zaiffer aims to provide a "VPN for on-chain finance," addressing a key barrier to institutional adoption of DeFi.
‍Arthur Hayes Advises Zcash Holders to Prioritize Self-Custody BitMEX co-founder Arthur Hayes has urged Zcash (ZEC) holders to move their assets from centralized exchanges (CEXs) to self-custodial wallets. He emphasized the importance of Zcash's "shielding" feature, which utilizes zk-SNARKs to enhance transaction anonymity. Hayes noted that CEXs often only support transparent ZEC addresses, negating privacy benefits and exposing users to risks like withdrawal freezes and delistings. This advice follows recent significant price volatility for Zcash, which experienced sharp fluctuations despite a 5% gain over the past week. While Zcash and Monero show resilience, other privacy coins have seen notable declines.
‍DMZ Finance, Mantle, Bybit Launch DFSA-Approved Tokenized MMF On-Chain DMZ Finance, Mantle, and Bybit have launched QCDT, the first Dubai Financial Services Authority (DFSA)-approved tokenized money market fund (MMF) on Mantle Network. This initiative bridges traditional finance (TradFi) with decentralized markets (DeFi). QCDT, co-launched by Qatar National Bank, DMZ Finance, and Standard Chartered, offers institutional exposure to on-chain finance. Bybit will accept QCDT as collateral, unlocking USD 1 billion in borrowing capacity for qualified institutions. This deployment aligns with Mantle's strategic focus on Real-World Assets (RWAs), positioning it as a key Layer-2 solution for institutional integration. Nathan Ma, Co-founder of DMZ Finance, stated, "Our mission is to make real-world assets accessible in digital form." The launch signifies a major step in RWA tokenization and TradFi-DeFi integration.