Quick Breakdown Kinto Network shutting down after fundraising collapse and a $1.6M hack. Investors face steep losses, with Kinto token down over 80% since the news. Recovery plan in place, lenders to recover 76% while hack victims receive...
Quick Breakdown Standard Chartered expects the Fed to cut rates by 50 bps in September, citing weak U.S. labour data. Bank of America forecasts two smaller rate cuts, while markets await Powell’s speech on September 17. Bullish sentiment...
Quick Breakdown South Korea’s FSC capped crypto lending interest at 20% and banned leveraged loans. Only top 20 tokens or those listed on three or more local exchanges qualify for lending. Exchanges must fund lending with their own...
Quick Breakdown Monex raises its ownership in 3iQ Digital Holdings to 97.8% with a CAD 45.84M purchase. 3iQ’s assets under management climbed 39% to CAD 1.51B by June 2025. Monex is considering issuing yen-backed stablecoins for payments integration....
Quick Breakdown Kraken has acquired Breakout, a proprietary trading firm that funds traders based on performance. Breakout allows qualified traders to manage up to $200,000 and keep up to 90% of profits. The deal aligns with Kraken’s broader...
Quick Breakdown Justin Sun’s WLFI tokens were blacklisted after a $9M flagged transfer. Sun denies selling, calling the freeze a violation of blockchain principles. Analysts remain divided, with some alleging dumping and others defending him. Wallet Blacklisted After...
Quick Breakdown $1B Goal: Sora Ventures plans to acquire $1 billion worth of Bitcoin within six months. Regional Expansion: The firm is backing corporate Bitcoin strategies across Japan, Hong Kong, Thailand, and South Korea. Metaplanet’s Growth: The Japanese...
Quick Breakdown FalconX integration: USDe now supported for trading, custody, and derivatives on FalconX. Capital efficiency: Institutional clients can use USDe as collateral for select transactions. Ecosystem growth: Move expected to expand USDe adoption and strengthen Ethena’s DeFi...
Quick Breakdown ECB is pushing ahead with plans for a digital euro despite lawmakers’ concerns. Critics warn of privacy risks and potential harm to commercial banks. Legislation could pass in 2026, with a full rollout expected by 2029....
Quick Breakdown Etherealize raised $40M to advance Ethereum adoption among Wall Street institutions. Public firms bought $1.26B in ETH this week, led by The Ether Machine and BitMine. Analysts see a 44% chance of ETH hitting $6K this...
