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Hong Kong Monetary Authority Warns Against Unregulated Stablecoin Issuance
The warning comes after AnchorX, a Hong Kong-based firm, announced a stablecoin called AxCNH, pegged to the offshore Chinese yuan.
Stablecoin Startup RedotPay Attains Unicorn Status With $47M Raise for Regulatory Push
The Hong Kong company is scaling stablecoin-powered cards, wallets and payout services with backing from Coinbase Ventures, Galaxy and Vertex.
M2 Capital Invests $20M in Ethena to Expand Digital Assets in Middle East
Ethena’s synthetic dollar protocol draws backing from UAE-based M2 Holdings affiliate
Gate Unveils Layer 2 Network and Tokenomics Overhaul for GT Token
The exchange introduces Gate Layer, a high-performance rollup built on OP Stack, while expanding GT’s role as a gas token and deflationary asset.
Crypto Millionaires Surge 40%, Led by Bitcoin's Rise, as Market Hits $3.3 Trillion
The number of individuals with $1M+ in crypto wealth has jumped to 241,700 over a year, a new report shows.
Melee Raises $3.5M to Launch ‘Viral Prediction Markets’ Without Gatekeepers
The platform lets creators and traders build markets on anything from politics to pop culture.
Ether Treasuries Are Going Mainstream: Crypto Investment Firm Bitwise
Digital asset treasuries are now allocating to ether at scale, creating structural demand that exceeds new supply, the report said.
Bitcoin Miner IREN Has 80% Potential Upside Thanks to Big Bet on AI Cloud: Bernstein
The broker hiked its IREN price target to $75 from $20 while reiterating its outperform rating on the stock.
Coinbase, Sony and Samsung Back $14.6M Round for Stablecoin Startup Bastion
The firm white-label stablecoin systems, enabling companies to issue digital dollars without coding or their own regulatory licenses.
Chainlink Chosen by Privacy-Focused Blockchain Canton to Push Institutional Adoption
Partnership brings Chainlink’s oracle and cross-chain tools to Canton’s growing enterprise network
