CryptoEconomy

ShredPay launched a blockchain finance platform to enhance DeFi adoption through transparency. It features the ShredPay DeFi Ratings Index to evaluate decentralized protocols, aiming to connect institutional investors with crypto solutions while maintaining asset custody.

Strive, co-founded by Vivek Ramaswamy, spent $50 million on STRC shares using capital from its own SATA shares. This risky move aims to promote Bitcoin in corporate finance despite share volatility, reflecting a model for future crypto treasuries.

Bitwise analysts suggest Bitcoin could reach $1 million by capturing 17% of the global store-of-value market, which may grow to $121 trillion in a decade. Currently valued around $1.4 trillion, Bitcoin's fixed supply and institutional interest bolster its long-term outlook as an alternative to gold.

Ghana's SEC has launched a 12-month regulatory sandbox for virtual asset service providers, allowing 11 companies to test their products while ensuring compliance. Firms may transition to full licensing based on their market readiness and regulatory adherence.

Federal prosecutors in Massachusetts are seeking to forfeit $3.4 million in USDT linked to a complex investment fraud and money laundering scheme. Victims were deceived through social engineering tactics, with funds being converted and moved to untraceable wallets.