Ethereum-focused treasury firm BitMine Immersion, led by Chairman Thomas “Tom” Lee, has unveiled a $1 billion stock repurchase program aimed at strengthening shareholder value and reinforcing its long-term strategy around digital assets. Approved by the board on July 29,...
Linea, an Ethereum Layer 2 network developed by Consensys, has released the full details of its tokenomics, outlining a model designed to reinforce Ethereum’s long-term value and ecosystem. The announcement positions LINEA as an economic coordination tool aimed at...
China’s e-commerce heavyweight JD.com has taken strategic steps toward launching a stablecoin, just days before Hong Kong's new regulatory framework for stablecoin issuers comes into force. According to a Tuesday report by Hong Kong-based outlet Ming Pao, JD.com—often dubbed...
The Hong Kong Monetary Authority (HKMA) has officially rolled out its regulatory framework for stablecoin issuers, marking a major step in the city's effort to regulate digital assets. The new rules will take effect on August 1, according to...
FIS has announced a partnership with Circle to integrate USDC into its Money Movement Hub. This collaboration will enable U.S. financial institutions to provide domestic and cross-border payments in USDC, aligning traditional banking infrastructure with blockchain-based settlement in a...
MetaMask has launched a new feature aimed at stablecoin holders seeking passive income opportunities. On July 28, the platform rolled out “Stablecoin Earn,” a yield-generating service available directly through the MetaMask mobile app. According to the official announcement on...
Bitmain is preparing to launch its first manufacturing plant in the United States, marking a significant shift in the global crypto hardware supply chain. According to a Bloomberg report published Tuesday, the China-based firm aims to begin chip production...
Synagistics Limited has launched Synagistics Digital Finance Group (SDFG), a new division focused on developing interoperable multi-currency stablecoins and real-world asset tokenization solutions to accelerate Asia’s digital finance infrastructure, according to Hong Kong Business. The initiative marks Synagistics’ entry...
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the proposed Truth Social Bitcoin ETF, extending its review period until at least September 18. The delay comes as part of the agency’s standard evaluation process, allowing...
Stablecoin infrastructure startup Plasma has raised $373 million in a public token sale, emerging as a new player in the blockchain space. According to the company’s announcement on X, the sale saw 10% of its total 1 billion XPL...
