Grvt Preview: Major Announcement on February 26

Polygon-Incubated Katana Blockchain Acquires IDEX and Launches New Perpetual Futures Product

Polygon Labs and GSR-incubated decentralized finance network Katana acquired decentralized exchange IDEX to support its new product Katana Perps. IDEX will become a core component of Katana Perps, providing a high-performance matching engine and on-chain settlement functionality.

Taiwan VASP Association Renamed to "Virtual Asset Service Providers Industry Association," Establishes Three Major Committees to Strengthen "Listing Review and Anti-Fraud"

Taiwan's virtual asset regulation has reached a new milestone, with the Virtual Currency Association rebranding as the Virtual Asset Service Industry Association and establishing three specialized committees to strengthen compliance and governance. The association urges the government to set reasonable transition periods and compliance guidance in the legislative process of the "Virtual Asset Service Law" to promote industry development and international alignment.

Wall Street's Crypto Ties Deepen as NYSE Taps Securitize for Tokenized Securities

In brief The New York Stock Exchange said that it’s working with Securitize on developing systems that will allow tokenized securities to trade round-the-clock. The companies are collaborating on standards that will shape tokenized securities on a platform affiliated with the largest stock e

Fira launches fixed-rate DeFi lending market with $450M in deposits

Ethereum-based decentralized finance (DeFi) lending protocol Fira said on Tuesday it was launching with about $450 million in deposits, highlighting demand for fixed-rate onchain credit. Fira said the protocol’s fixed-rate credit market allows users to lock borrowing costs and lending returns for d

Hacked for $110 Million as the Final Straw! DeFi Protocol Balancer's Development Company to Cease Operations

Trading Protocol Balancer Faces Major Turning Point, Founder Announces Balancer Labs Will Cease Operations, Protocol to Continue in Streamlined Form. This decision stems from security vulnerabilities and legal risks, with the current operational model becoming unsustainable. Despite significant TVL decline, Balancer still generates over $1 million in annualized fee revenue. The team has proposed an aggressive restructuring plan that includes token buybacks, revenue structure reforms, and focuses on five core product lines. Following the transformation, the team will concentrate on enhancing the protocol's competitiveness.

Tether announces commissioning of the Big Four accounting firms to conduct its first full audit, further enhancing transparency of its $184 billion USDT market value

Tether announced that it has commissioned the Big Four accounting firms to conduct its first comprehensive independent audit, aiming to enhance company transparency and compliance standards. This audit covers digital assets and reserves, and is expected to have demonstrative significance for the entire stablecoin market. USDT has a market capitalization exceeding $184 billion, with over 550 million global users.