2h ago
Brazil orders Nubank to remove "bank" from local branding under new November rule
In November, Brazil's central bank began enforcing a rule that bars Nubank from using the "bank" label in its domestic branding because the country's largest fintech does not hold a banking license. Nubank, which serves 110 million customers and is valued at more than $80 billion, is now considering buying a smaller licensed institution such as Banco Digimais SA to avoid the lengthy licensing process. Regulators have tightened rules as they move to close loopholes and address rising fraud risks in Brazil's fast-growing fintech sector.
2h ago
2h ago
J.P. Morgan issues $50 million tokenized U.S. commercial paper on Solana, settled in USDC
J.P. Morgan has executed one of the first U.S. commercial paper issuances on a public blockchain, using the Solana network for the transaction. The bank structured the deal for Galaxy Digital Holdings LP, with both issuance and redemption settled in USDC. Coinbase and Franklin Templeton participated as buyers of the tokenized security on-chain, according to the bank.
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SOL
SOL-2.36%
2h ago
3h ago
Cardano Drops 10% as ADA Breaks Below $0.45, Midnight’s NIGHT Token Sinks Over 80% After Airdrop
On 11 December 2025, Cardano’s ADA fell around 10%, breaking below $0.45 and testing support near $0.43 amid broad crypto market weakness following the Federal Reserve’s rate cut, according to the article. Within the ecosystem, the Midnight network’s NIGHT token slid more than 80% from a speculative peak near $150 to about $0.05 as airdrop recipients rushed to sell. Derivatives data shows that roughly 54% of active ADA positions are now short, pointing to increasingly bearish sentiment. Analysts say buyers would likely need to reclaim the $0.438–$0.440 band to signal that the current sell-off is easing.
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ADA
ADA-9.14%
3h ago
3h ago
Dogecoin trades in $0.131–$0.156 band as ETF volume hits $3.23M and exchanges see $20–$60M outflows
Dogecoin has slipped back into volatile trade, dropping below $0.145 after failing to hold above $0.150 and briefly testing support near $0.131. Daily Dogecoin ETF volume has reached $3.23 million while exchanges have recorded $20–$60 million in outflows, according to NewsBTC. The price is compressing between $0.131 and $0.156, with nearby resistance in the $0.142–$0.145 zone. These flows point to potential accumulation as the range tightens.
DOGE
DOGE-5.34%
3h ago