Pudgy Penguins Teams Up with Visa to Launch Crypto Payment Card Pengu Card, Targeting Global Payment Market

On February 12, Uniswap Labs announced a partnership with Securitize, with BUIDL—Belridge’s subsidiary—now tradable via UniswapX. This marks Belridge’s first direct foray into decentralized finance (DeFi), enabling eligible institutional investors (whitelisted, with at least $5 million in assets) to trade using stablecoins. Additionally, Belridge noted it will purchase Uniswap’s UNI token, though it did not disclose the specific amount. In reaction to the news, UNI’s price briefly spiked over 30% (jumping from roughly $3.3 to $4.5) before settling back to $3.5. The crypto community is hailing this as a milestone in the deep integration of traditional finance (TradFi) and DeFi. With over $14 trillion in assets under management (AUM), Belridge’s choice of Uniswap signals a strong endorsement of DeFi infrastructure—with UNI as a key beneficiary. Uniswap founder Hayden Adams said: “DeFi is having an important day. This collaboration leverages Uniswap’s market structure to enable on

February 12 — Bitwise CEO Hunter Horsley tweeted today: “A Bitwise wealth management client who had never allocated to crypto when first partnering with us two years ago invested $11 million in Bitcoin today amid the market pullback. For many investors yet to enter crypto, market pullbacks present opportunities.”

On February 12, analyst Brian Reynolds noted that Bitcoin’s recent decline has been relatively stable—not a panic sell-off—suggesting the price may test lower levels further before a strong buying opportunity emerges. While volatility has picked up, it remains below 2022–2023 levels. Given high market leverage, additional downside could trigger liquidations. Reynolds believes a better entry point will emerge if Bitcoin breaks below its trend line. Currently, Bitcoin trades at around $66,590, a sharp drop from its October 2023 high of $126,223.

Feb 12 — Decentralized exchange Lighter has added support for Korean stock futures trading, covering Hyundai, Samsung, SK Hynix, and the Korea Composite Stock Price Index (KRCOMP), with up to 10x leverage.

Feb. 12: LookOnChain monitoring data shows trader 0x4321—who previously lost $3.2 million shorting BTC—has re-entered the market after over two months of inactivity. He just placed a leveraged short position of 99 BTC (valued at $6.7 million), with a liquidation price of $76,202.53.