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German asset manager DWS joins Galaxy to issue euro stablecoin

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AllUnity, a new joint venture by DWS, Galaxy and Flow Traders, plans to issue the euro stablecoin on all major public permissionless L1s and L2s, DeFi use cases.

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WLFI drops 14% as controversial token unlock goes to vote

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The proposal to unlock more than 62 billion WLFI tokens over four to five years has 99.95% approval but is still facing backlash on X. 

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Twenty One Capital rises on proposed merger with Strike and Elektron

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Tether proposed that Elektron founder and CEO Raphael Zagury serve as president of the proposed merged company, while Strike’s Jack Mallers would also serve in an executive role.

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US, UAE and China joint effort dismantles 9 crypto scam centers

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In another police action, European police arrested ten people and took down three scam centers, estimated to have stolen over $58 million from victims around the world.

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