Web3 Daily Digest: Key Developments in Blockchain and Crypto

{“description”:”The Web3 Daily Digest is a comprehensive morning briefing by Web3Caff, delivering critical updates, official announcements, and curated articles for Web3.0 enthusiasts and builders. Stay informed by following our official Twitter for real-time industry insights.”,”sections”:[{“title”:”Cover Story”,”items”:[{“name”:”Ondo Finance”,”details”:”Ondo Global Markets, an on-chain U.S. equities platform, is set to launch this summer.”}]},{“title”:”Regulatory and Institutional News”,”items”:[{“detail”:”Ripple has applied for a U.S. banking license, following Circle’s similar move.”},{“detail”:”New Zealand’s Financial Markets Authority (FMA) issued a public warning about cryptocurrency investment risks and scams.”},{“detail”:”A U.S. Congressional hearing on crypto market structure is scheduled for next week.”}]},{“title”:”Innovation and Partnerships”,”items”:[{“detail”:”JPMorgan’s blockchain division, Kinexys, is testing tokenized carbon credits with S&P Global.”},{“detail”:”Bitcoin DeFi project BOB has launched its BitVM Bridge testnet.”}]},{“title”:”Security and Compliance”,”items”:[{“detail”:”Blockchain investigator ZachXBT reports North Korean developers have received over $16.58 million in crypto payments this year.”}]},{“title”:”Acquisitions and Expansions”,”items”:[{“detail”:”Coinbase acquired token management firm Liquifi.”},{“detail”:”Thesis, the parent company of Keep Network, has purchased Bitcoin rewards platform Lolli.”},{“detail”:”Backpack has initiated its second season of points-based activities.”}]},{“title”:”Featured Insights”,”items”:[{“title”:”XRPL EVM Sidechain Mainnet Launch”,”detail”:”The XRP Ledger has introduced an EVM-compatible sidechain, enabling Ethereum dApp migration and cross-chain interoperability with over 80 networks. The sidechain, built on Cosmos SDK with PoA consensus, features participation from Ripple and other compliant entities.”},{“title”:”Africa’s Cross-Border Payments Revolution”,”detail”:”Valued at $329 billion in 2025, Africa’s cross-border payment market is projected to grow at 12% annually, reaching $1 trillion by 2035. Despite inefficiencies costing billions, rising trade, migration, and mobile payment adoption are driving transformation.”},{“title”:”Huaxing Capital’s Crypto Bet”,”detail”:”The ‘M&A King’ of Web2, known for orchestrating landmark mergers like Didi-Kuaidi and Meituan-Dianping, is now allocating $100 million to Web3 ventures, signaling strategic positioning in the crypto space.”},{“title”:”Tether’s Aggressive Diversification”,”detail”:”Beyond stablecoins, Tether is expanding into mining, exchanges, Layer1/Layer2 solutions, and non-crypto sectors like AI, neural interfaces, agriculture, and sports, reflecting heightened activity amid regulatory pressures.”}]}],”disclaimer”:”Content on this platform represents author perspectives only and does not constitute investment advice. Users must comply with local regulations.”}

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