Odaily News Abstract announced on X that it will integrate Circle’s Bridged USDC standard on the first day of its mainnet launch. This new contract standard introduces a significant composability upgrade that enhances user security and eliminates liquidity fragmentation issues for USDC on Abstract.

Odaily News REX Shares has submitted a series of cryptocurrency ETF applications to the US SEC, including the recently launched TRUMP first fund, as well as BONK and DOGE ETFs. The filing also seeks to create funds for BTC, ETH, SOL and XRP. The company offers a range of exchange-traded products, including a variety of crypto services through its sister company Osprey Funds. These crypto products include BTC, ETH and MicroStrategys leveraged funds. REX claims to manage more than $8 billion in assets. It is understood that this is the companys first Meme coin ETF application. If approved, it will become the first Meme coin ETF in the United States. (Decrypt)

Odaily News Bitget market data shows that PLUME briefly touched 0.2 USDT and is currently trading at 0.19211 USDT, up more than 30% in 1H.

Odaily News South Korean crypto exchanges Upbit and Bithumb have decided to compensate investors for losses caused by a network outage on December 3 last year (the South Korean martial law incident). It is reported that this incident is the largest number of users affected and the largest amount of compensation in the history of system failures in South Korean cryptocurrency exchanges. Upbit will pay 3.1 billion won (about 2.2 million US dollars) to compensate for 596 system failure incidents, while Bithumb will pay 377.5 million won (about 264,000 US dollars) to compensate for 124 incidents. However, since the compensation is carried out in accordance with the internal regulations of each exchange, it is difficult to judge whether investor protection has been properly implemented. Financial regulatory authorities are conducting on-site inspections to check the implementation of the exchanges rectification plan and the handling of civil complaints. Upbit and Bithumb are finalizing compensation negotiations with investors, and the compensation amount may increase slightly once the negotiations are completed. Coinone, Korbit, Gopax, etc. are not affected. (Yonhap News Agency)

Odaily News According to on-chain analyst Embers monitoring, so far, the Trump familys crypto project WLFI has spent a total of $222.9 million to buy 7 tokens, and now has a floating loss of $2.67 million.

Odaily News Wingbits, a DePIN startup focused on the aviation industry, announced the completion of a $5.6 million round of financing, led by Borderless Capital and Bullish Capital, which brings Wingbits total financing to $9.2 million. Wingbits aims to provide reward-based flight tracking using cryptographically protected Automatic Dependent Surveillance-Broadcast (ADS-B) receivers. (CoinDesk)

Odaily News Paul Grewal, chief legal officer of Coinbase, said in a post on X: Last month, we rejected a false request for a court order requiring us to continue listing tokens that no longer meet our listing standards. Today, Coinbase has decided to completely dismiss BiT Globals false lawsuit. There is no law that forces Coinbase to custody assets with unacceptable risks. We have every right and responsibility to enforce our regulations to ensure a safe and reliable trading environment for users. We thank the court for its serious consideration. In December last year, a California court ruled that Coinbase could delist wBTC on the first court date of BiT Globals lawsuit against the exchange. Coinbase announced last month that it would delist wBTC on December 19.

Odaily News Robinhood Crypto announced on Tuesday that Spanish users can now use the platforms trading, staking and investment services. This is the companys latest expansion in Europe after the European Union implemented crypto asset market regulations. Last year, the trading platform unveiled a plan to expand its services to the European Union, the United Kingdom and Asia. In terms of total potential market, the EU is as big as the United States, Johann Kerbrat, general manager of Robinhoods crypto department, said at the time, Its definitely an interesting market for us. It is worth noting that in October last year, Robinhood Crypto launched a cryptocurrency transfer service for European customers, enabling them to deposit and withdraw about two dozen tokens, which became one of the most popular features in the region. For a limited time, Robinhood incentivized user growth by offering a reward of 1% of the value of crypto deposits. (The Block)

Odaily News Donald Trump Jr., the eldest son of Trump, commented on Trump signed a pardon order for Ross Ulbricht, the founder of the dark web Silk Road: Promises were made... and more promises were finally fulfilled! Ross is free!

Odaily News According to Spot On Chain, in the past three days, the Trump family crypto project WLFI has spent $168.4 million to buy 6 tokens, including: • $99.95 million on ETH; • $47 million on WBTC; • $7.35 million on TRX; • $4.7 million each on AAVE, ENA and LINK. It is worth noting that WLFI has expanded all of its existing positions, except ONDO.