ASTER token dropped nearly 10% following unverified claims that Binance founder Changpeng Zhao sold over 34 million tokens worth approximately $30 million. Zhao publicly denied the allegations on X, calling them fake news, according to his social media post. Despite the denial and blockchain analytics confirming the wallet had no connection to CZ, the token fell below $1.00 to trade around $0.93.

A federal judge in New York has directed Circle to maintain a freeze on $63 million in USDC held in three Ethereum wallets linked to collapsed crypto bridge Multichain. The ruling supports Singapore-appointed liquidators seeking US recognition of cross-border liquidation proceedings. The order prevents potential asset loss while legal processes advance in both jurisdictions.

JPMorgan Chase plans to allow institutional clients to pledge Bitcoin and Ethereum directly as loan collateral by the end of 2025, according to people familiar with the matter. The program will use third-party custodians to hold the assets separate from the bank's balance sheet. The move expands on JPMorgan's earlier acceptance of crypto-linked ETFs as collateral in 2025.