The global crypto market continues to evolve with major developments across protocols and platforms. South Korean game developer Wemade has been ordered to pay a substantial sum in a legal ruling, marking a significant event in the crypto-gaming sector. Meanwhile, Foundry USA has successfully mined multiple Bitcoin blocks, reinforcing its position as a top U.S.-based Bitcoin mining pool.
In corporate news, SharpLink Gaming revealed plans for a stock buyback using Ethereum (ETH), showcasing increasing institutional integration of crypto assets into traditional financial operations. Additionally, Ensemble has partnered with XMTP to enhance secure blockchain-based communication, underlining the growth of decentralized messaging protocols.
On the Layer 2 front, Mantle Network reached a new milestone with its stablecoin supply hitting all-time highs, reflecting user trust and adoption. Ripple announced that its RLUSD stablecoin is expected to launch in Japan by Q1 2026, further expanding its global footprint.
Uniswap’s Unichain recorded an impressive $51 billion trading volume, emphasizing DeFi’s rising dominance. Meanwhile, Ethena’s ENA token is currently testing a key support level. Notably, SWIFT is exploring the use of XRP and HBAR for cross-border payments, signaling increased interest in blockchain-based financial infrastructure.
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