Day: 28 August 2025

US Sanctions Russian, North Korean Nationals and Firms Over Crypto Theft Funding Weapons Program

Quick Breakdown  Sanctioned Individuals & Firms: Vitaliy Andreyev, Kim Ung Sun, Shenyang Geumpungri Network Technology, and Korea Sinjin Trading. Illegal Activities: Laundered stolen crypto, embedded North Korean IT operatives in foreign firms, and generated millions for Pyongyang. Impact: Part of North Korea’s broader cyber-financing network fueling weapons programs and bypassing ...

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Aave Labs Launches Horizon, Bringing Real-World Assets to DeFi

Quick Breakdown:  Aave Labs launched Horizon, a new Ethereum-based lending market that lets institutions borrow stablecoins against tokenized real-world assets (RWAs). Launch partners include Circle, Superstate, Centrifuge, Chainlink, Ripple, VanEck, and WisdomTree, with collateral options like U.S. Treasuries and CLOs, and stablecoin lending in GHO, RLUSD, and USDC. Horizon bridges ...

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AMINA Bank Partners with Metalpha to Expand Crypto Wealth Management in Hong Kong

Quick Breakdown:  AMINA Bank and Metalpha have partnered to launch Principal Fund I, giving Hong Kong’s professional investors regulated exposure to crypto-linked equities. The fund, managed by SFC-licensed LSQ Capital, has outperformed benchmarks by 20% since August 2024 and requires a USD 1 million minimum investment. The alliance combines AMINA’s ...

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HashKey Capital Launches New Fund Targeting Web3 and Digital Assets

Quick Breakdown: HashKey Capital has launched a new investment fund focused on Web3 and digital assets, targeting infrastructure, decentralized applications, and emerging blockchain technologies. The fund will leverage Hong Kong’s regulatory framework to attract institutional investors seeking compliant access to crypto markets. HashKey Capital reaffirms its role as a leading ...

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