Naija Profit Zone

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🧩 Pendle eyes $3T–$10T tokenized RWA opportunity by 2030 Pendle, the DeFi yield-trading protocol, has highlighted the expanding potential of tokenized real-world assets (RWAs), citing projections that the market could reach between $3 trillion and $10 trillion by 2030. The protocol's commentary points to tokenized RWAs — which include assets such as bonds, real estate, and commodities brought on-chain — as a major growth frontier for DeFi. Pendle's yield-splitting mechanics position it to capture activity from this segment as institutional and retail participation in on-chain RWAs grows. No specific product launch or partnership was announced alongside the projection. Source

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💵 Circle kept 7 cents per dollar as USDC generated $1.4B in H1 2026 Circle has published a breakdown of its USDC revenue for the first half of 2026, revealing $1.4 billion in total revenue. Of that, $819 million — roughly 59 cents per dollar — went to distribution partners and transaction costs, while $473 million was reinvested into operations including licenses, banking, and infrastructure. Circle said it retained just 7 cents of net profit per revenue dollar. The disclosure came via a public post responding to unnamed new stablecoin issuers, positioning Circle's cost structure as context for how USDC's revenue is distributed across its ecosystem rather than concentrated at the issuer level. Source

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🏦 €800bn institutions ask: what do crypto tokens actually earn? Private bankers and wealth managers overseeing roughly €800 billion in assets have been pressing crypto founders on a core question: why doesn't ecosystem growth translate into token value? Brendan Ma, head of investment strategy at the Arbitrum Foundation, shared the finding after 48 hours of closed-door meetings with institutional representatives. The recurring concern was that business and ecosystem traction has been "divorced from any fundamental" — meaning protocols can show real usage while token holders see no corresponding return. The feedback signals a growing demand from large institutional allocators for clearer value-accrual mechanisms before committing capital to crypto assets. Source

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💳 Mastercard and BVNK launch unified fiat and stablecoin payments API Mastercard has launched its Global Money Platform in partnership with BVNK, enabling banks, fintechs and businesses to manage fiat currencies and stablecoins through a single API. The platform combines Mastercard's global payments network with BVNK's stablecoin infrastructure, giving institutions a unified interface for cross-border transactions in both traditional and digital currencies. The joint announcement positions the service as a way to streamline settlement and reduce the complexity of operating across multiple payment rails simultaneously. The launch reflects growing institutional interest in integrating stablecoins into mainstream financial infrastructure, with major payment networks increasingly building

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🔐 Ledger Confirms Physical Implant Attack via Reseller CryptoBilis Ledger has confirmed a hardware supply chain attack in which physical implants were installed inside devices sold through reseller CryptoBilis. The implants read recovery phrases off the screen during wallet setup and transmitted them externally — without any software modification. Up to $93M was drained from more than 300 affected wallets. Because the attack was hardware-level, standard software security checks would not have detected it. The incident highlights a critical risk in hardware wallet supply chains: devices purchased through unofficial or third-party resellers may be tampered with before reaching users. Ledger has not yet publicly detailed its full response or remediation steps based on available infor

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🔷 Aztec plans full post-quantum security migration by 2030 Aztec, the privacy-focused Ethereum Layer 2, has set a target to complete a full post-quantum cryptography migration by the end of 2030. The roadmap includes hardened developer libraries planned for early 2027. Aztec has noted that its full migration is also contingent on corresponding changes to Ethereum itself, linking its timeline to broader Ethereum protocol development. Post-quantum cryptography aims to secure blockchain systems against future threats from quantum computers capable of breaking current encryption standards. Source

Naija Profit Zone980,815 members

🔐 Hex Founder Richard Heart Arrested in Istanbul Richard Heart, founder of the HEX token and PulseChain, has reportedly been arrested by Turkish police in Istanbul, according to Turkish media reports. Authorities raided his Istanbul residence and seized approximately $4 million in cash and 64 luxury watches during the operation. No further details on the charges or the timeline of any extradition proceedings were included in the reports. Heart has been a prominent and controversial figure in the crypto space. The U.S. SEC filed charges against him in 2023, alleging he raised over $1 billion through unregistered securities offerings via HEX, PulseChain, and PulseX. Source

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💵 EBA designates USDC as EU's first 'significant' e-money token The European Banking Authority has classified Circle's USDC as the first stablecoin to receive "significant" e-money token status under the EU's MiCA framework. Financial supervision of USDC transfers to the EBA on November 12, while France's banking regulator ACPR retains responsibility for governance and other corporate matters. The split-authority arrangement reflects MiCA's tiered oversight model for large-scale stablecoins operating across the bloc. The designation marks a milestone in MiCA implementation, signalling that EU regulators are moving from rulemaking into active enforcement of stablecoin supervision. Source