Today’s Insider ⬇️
🤝 Tokenized Fund Issuance: South Korea's Shinhan partners with Solana Foundation, Etherfuse, Orca for tokenized fund issuance
📈 Market Expansion: Stablecoins Fund 84% of Crypto Card Transactions as Spending Tops $759M
🚀 Security Upgrade: Coldcard strengthens seed generation with firmware update
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $77,197 | +0.27% | -32.74% |
Ethereum | $2,437 | +1.16% | -48.52% |
Solana | $95.34 | +2.46% | -53.02% |
XRP | $1.52 | +3.88% | -50.36% |
S&P 500 | $7,677 | +0.47% | +20.52% |
Gold | $4,621 | +2.36% | +33.83% |
1. Shinhan Partners With Solana Foundation, Others For Tokenized Fund Issuance
Tokenized fund issuance: Shinhan Asset Management, with $96.6 billion AUM, signs an MOU with the Solana Foundation, Etherfuse, and Orca to pilot a won-denominated tokenized fund modeled after BlackRock's BUIDL.
🔎 Insider Insight: Shinhan benchmarking against BUIDL signals South Korea's largest financial institutions are adopting proven global tokenization frameworks rather than building from scratch. With STO legislation taking effect in February 2027, the timing positions Shinhan to be market-ready the moment Korean tokenized securities regulation becomes fully operative.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Stablecoins Fund 84% Of Crypto Card Transactions As Spending Tops $759M
Market expansion: Crypto card spending hit $759 million in July with USDC and USDT funding 84% of nearly 9 million transactions, as consumers increasingly use cards for groceries, food delivery, and everyday purchases.
🔎 Insider Insight: The shift to frequent small everyday purchases averaging $86 signals stablecoins are becoming a genuine spending medium rather than just a trading asset. With three platforms accounting for 77% of volume, durable mainstream adoption requires this behavior to spread well beyond a concentrated group of crypto-native providers.
What does “fork” mean in blockchain technology?
3. Coldcard Strengthens Seed Generation With Firmware Update
Security upgrade: Coinkite releases firmware requiring user-supplied entropy for new seed generation after a bug reduced key strength to 40 bits, with confirmed losses from the exploit reaching 1,778 BTC worth approximately $112 million.
🔎 Insider Insight: The Coldcard exploit becoming 2026's third-largest crypto hack challenges the assumption that cold storage is inherently safe against firmware-level vulnerabilities. The warning that existing seeds remain vulnerable even after upgrading creates urgent migration risk for all affected users.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
