Naver Financial will roll out a stablecoin wallet called Silk Pocket in December 2025, developed in partnership with blockchain investor Hashed. The move signals a major Korean internet firm moving deeper into crypto payments and custody.
An address that had lain dormant since 2016 moved roughly 600 BTC on Thursday — its first activity in more than nine years — as bitcoin dipped under $100,000. The move pulled attention from traders and on-chain analysts amid renewed price pressure.
Phantom CEO Brandon Millman told the Empire podcast the company has no plans to launch a new blockchain or pursue an IPO, instead doubling down on Solana integration and user-facing product improvements. The statement clarifies Phantom’s roadmap and priorities for the near term.
A BitGo-controlled wallet generated a large number of failed payment transactions on the XRP Ledger, sharply increasing on-chain activity and drawing attention from blockchain watchers.
Phantom CEO Brandon Millman told the Empire Podcast the company has no plans for an IPO or to launch its own blockchain and will instead keep building on Solana to simplify crypto for everyday users.