Decentralized finance (DeFi) platform Aave said it will release its V4 update, a major protocol upgrade, sometime in the fourth quarter of 2025, introducing modular lending markets and additional risk controls among new features. The update introduces a “hub and spoke” modular design to Aave to allow for crypto borrowing and lending markets with more custom parameters,…

Hong Kong-Shanghai Banking Corporation (HSBC), an international banking giant, announced the first successful test of quantum computing in a trading application on Thursday. Researchers at HSBC used a quantum computer processor as part of their algorithmic trading process, a method of trading that uses pre-defined rules to execute transactions, to find the likelihood of filling over-the-counter (OTC) bond orders…

A group of major European banks has joined forces to launch a euro-pegged stablecoin in compliance with Europe’s Markets in Crypto-Assets (MiCA) framework. Dutch lender ING and Italy’s UniCredit are among nine banks participating in the development of a euro-denominated stablecoin, according to a joint statement published by ING on Thursday. Built in compliance with Europe’s MiCA regulation, the…