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Former Andreessen Horowitz execs launch Bastion after $25M funding round

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The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies.

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Coin Market

Australia draft payments vision eyes stablecoin interoperability

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A draft vision for Australia’s domestic payments system says stablecoins and tokenized fiat currency could reshape how money moves across future rails.

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South Korea’s Shinhan Card taps Solana to test real-world stablecoin payments

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Shinhan Card signed a deal with Solana Foundation to expand stablecoin payment tests and explore non-custodial wallets and DeFi-based services.

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US seized $500M in Iranian crypto assets, Treasury secretary says

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Treasury Secretary Scott Bessent said the US has seized nearly $500 million in Iranian crypto assets, surpassing the previously reported $344 million freeze.

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