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Crypto

Circle\'s institutional bitcoin collateral cirBTC back in focus, supply stuck at 40 BTC

Circle\'s bitcoin tokenisation product cirBTC is already operating on Ethereum, but its circulating supply remains at about 40 BTC. Circle highlighted the token again as a neutral collateral tool for institutions, though it has been running since June 8. Etherscan data show about 11 holder addresses, and CoinGecko lists it as preview-only and not tradable on tracked exchanges. Circle said issuance and redemption are supported via Circle Mint.

Crypto

Cardano joins RWA tokenisation race, ranks fifth in growth among major chains

Cardano ranked fifth among major blockchains for 30-day growth in tokenised real-world assets (RWA), with value rising 23.1 percent to $55.3 million, The Crypto Basic reported. The ranking, compiled by the RWA Foundation using Token Terminal data, compared monthly RWA value growth across ecosystems. Cardano is smaller in absolute size than top chains but outpaced some large networks in growth. Its ecosystem is also expanding RWA infrastructure and partnerships.

Crypto

MegaETH to end Megamafia accelerator after two years

Ethereum layer2 project MegaETH will end its flagship accelerator program, Megamafia, after two years and two cohorts. Core team member Shuyao Kong said the program was successful in many ways, but assumptions made when it was designed are no longer valid. About 20 teams were supported and raised about $80 million from pre-seed to Series A, MegaETH said. Kong said much of the value did not flow back to MegaETH and most successful projects no longer develop with it.