The US spot Ethereum ETF saw a net outflow of $183.86 million yesterday.

- Trump's $TRUMP meme coin raises $148M via exclusive dinner, sparking political backlash and regulatory scrutiny over elected officials' crypto profits. - Canary Funds files first MOG Coin ETF, mirroring Bitcoin/Ethereum models, signaling institutional interest in meme coins despite speculative risks. - ZKP's $100M healthcare/finance infrastructure project leverages privacy-focused AI and hardware, contrasting with short-term volatility of XRP/Hyperliquid. - Hyperliquid's $4.9M stress test loss and unprov

- Japan's FSA mandates crypto exchanges to use registered custodians post-2024 DMM Bitcoin hack, requiring third-party providers to pre-register with regulators. - The rule addresses regulatory gaps exposing cold wallet vulnerabilities, as Tokyo-based Ginco's breach revealed unregulated external firms handling critical operations. - Parallel initiatives include JPYC stablecoin approval and a 2025 bank-led stablecoin payment pilot under the FSA's Payment Innovation Project. - The FSA plans 2026 legal reform

- Valdora Finance, a ZIGChain liquid staking protocol, reached $10M TVL days post-launch, now tracked by DefiLlama. - Its non-custodial model enables ZIG token staking with liquidity retention via stZIG derivatives, aligning with DeFi sovereignty trends. - ZIGChain's strategic partnership with Valdora highlights its cross-chain ambitions and growing institutional confidence in its infrastructure. - Despite regulatory risks, the protocol's composability and scalability position ZIGChain as a rising DeFi hub

- XRP's limited adoption by banks stems from BIS's 1250% risk weight on unbacked crypto, not technical flaws. - Ripple tests RLUSD stablecoin with Mastercard/WebBank to enable blockchain-based credit card settlements. - Policy shift in crypto risk weighting is critical for XRP to replace USD as cross-border liquidity bridge. - RLUSD's $1B+ circulation and BNY Mellon backing demonstrate regulated stablecoin viability in payments. - Regulatory barriers persist despite industry progress, keeping XRP confined