South Korea crypto remittances jump 380% in three years, surpassing banks as overseas money transfers and financial markets face growing pressure, with stocks dropping more than 10% in a sharp tech-led selloff that has raised concerns about wider...
The Hong Kong Securities and Futures Commission (SFC) has warned investors about Aurum/Aurum Foundation, saying the platform may be operating without the required licence. The SFC said Aurum Foundation claims on its website that it is registered in...
Pharos has added five new partners to its RealFi Alliance, bringing together firms focused on stablecoins, Bitcoin finance, fixed-income products, compliance infrastructure, and institutional capital. The new members are Circle, Avalon Finance, TermMax, Primus Labs, and Tulipa Capital....
Deutsche Bank has cut its gold price forecasts by up to 22%, as weaker investor demand and changing US interest rate expectations put pressure on the metal. The bank now sees gold averaging around US$4,300 an ounce in...
The Bank of England has softened parts of its proposed stablecoin regulations in its final policy and draft rules, showing a change as the UK tries to balance innovation with financial stability. The updated framework removes earlier plans...
STRC is showing what its supporters describe as a built-in adjustment process when it trades below its $100 reference level, according to a breakdown shared by Samson Mow. The instrument, issued by Strategy, continues to pay a fixed...
SK Hynix has overtaken Samsung Electronics to become South Korea’s most valuable listed company, a big change in the country's technology sector as demand for AI hardware continues to surge. Shares of SK Hynix rose 5.6% on...
JustLend DAO has added support for the U stablecoin, allowing users to supply and borrow the asset on its lending platform from June 20. The launch follows community approval through the protocol's governance process. Under the new market,...
XDC Network has added IXS to its validator set, giving the regulated real-world asset platform a direct role in securing the network that supports its own issuance and settlement systems. IXS now operates a masternode on XDC, helping...
Tokyo police have arrested Hu Shi, also known as Hu Xiaowei, a 44-year-old Cypriot national alleged to be a senior figure in the Cambodia-based Prince Group, over suspected falsification of official residence records. Hu was detained on June...
