Day: 18 August 2025

A senior Hong Kong regulator has cautioned that the city’s newly implemented stablecoin rules may be fueling fraud risks, as firms race to align themselves with the regime. According to an August 18 report by Chinese outlet Zhitongcaijing, Ye Zhiheng, executive director of the Securities and Futures Commission’s (SFC) intermediaries ...

Metaplanet Inc. has significantly expanded its Bitcoin holdings, announcing the purchase of an additional 775 BTC at an average price of ¥17.72 million per coin, valued at ¥13.7 billion. This latest acquisition brings the company’s total reserves to 18,888 BTC, accumulated at an average cost of ¥15.04 million per Bitcoin, ...

Qubic’s community has voted to make Dogecoin its next target, just days after the group claimed majority control over the Monero blockchain. Founder Sergey Ivancheglo announced the decision on August 17, following Qubic’s controversial demonstration of a 51% attack on Monero. The group’s mining pool successfully reorganized six blocks, proving ...

Dutch cryptocurrency service provider Amdax is set to establish a Bitcoin-focused treasury company, AMBTS B.V., with plans to list on Amsterdam’s Euronext stock exchange. The move signals a growing trend among European firms following in the footsteps of U.S. companies by incorporating Bitcoin into corporate treasury strategies. According to the ...

Strategy, long regarded as a high-beta proxy for Bitcoin, is showing signs of strain as hedge funds increasingly dominate its trading and its largest shareholder scales back exposure. According to an August 18 report by 10x Research, Strategy’s shares have been confined to one of their tightest trading ranges in ...

Japan’s Financial Services Agency (FSA) is set to approve the nation’s first yen-backed stablecoin, orchestrated by Tokyo-based fintech JPYC with investment from Circle, the global stablecoin leader behind USDC. The formal regulatory green light is expected to occur this fall, positioning Japan as a major player in global digital finance ...

Solana’s validator community has opened voting on a sweeping governance proposal, dubbed SIMD-0326 (Alpenglow), that could mark one of the network’s most significant consensus overhauls. If passed, the upgrade would replace Solana’s existing TowerBFT mechanism with a faster, simpler, and more resilient system capable of cutting block finality times from ...

OpenPad AI’s native token, OPAD, made its official debut today with listings on two major exchanges—KuCoin and MEXC—coinciding with its token generation event (TGE). According to the announcement, KuCoin confirmed it will support OPAD/USDT spot trading beginning at 13:00 UTC, with withdrawals opening tomorrow at 10:00 UTC. The exchange also ...

Electric vehicle maker Faraday Future (NASDAQ: FFAI) is making a bold pivot into digital assets, outlining plans to build a crypto treasury, launch tokenized car sales, and roll out an index fund tracking major cryptocurrencies. The Los Angeles-based startup announced Sunday that it will kick off the initiative with a ...

North Korea’s Lazarus cybercrime group has been accused of carrying out a £17 million cryptocurrency theft from British-registered exchange Lykke, an attack described as one of the largest to hit a UK-based digital asset company. The claim was detailed in a recent report by The Telegraph, citing findings from the ...