Animoca Brands is actively pursuing a stablecoin issuance license through a newly established joint venture with Standard Chartered Bank and Hong Kong Telecom as Hong Kong prepares to roll out its Stablecoin Ordinance. This strategic collaboration positions the company...
Alchemy Pay is accelerating its expansion into the stablecoin economy with the upcoming launch of its proprietary blockchain, Alchemy Chain, alongside the introduction of a native stablecoin. This development positions the firm as a foundational infrastructure provider at a...
In a move that deepens institutional involvement in Bitcoin-native DeFi, Kraken has introduced a new staking service allowing users to earn a yield on their Bitcoin without moving it off the Bitcoin blockchain. Announced in a June 19 blog...
In a recent statement, Treasury Secretary Bessent emphasized the potential of stablecoins to reinforce the dominance of the U.S. dollar in the global financial system. He argued that stablecoins, digital assets pegged to fiat currencies like the dollar, could...
Investor sentiment in the crypto market is beginning to shift from Bitcoin (BTC) to Ethereum (ETH), according to top analysts, despite lingering caution fueled by past market downturns. In a recent market update, Michaël van de Poppe, founder of...
London-listed tech firm The Smarter Web Company has significantly expanded its Bitcoin holdings following a highly successful fundraising round that nearly doubled its initial target. On June 19, the company announced the acquisition of 104.28 BTC at an average...
A recent report from Fidelity Digital Assets reveals a pivotal development in Bitcoin’s supply dynamics: for the first time in the cryptocurrency’s history, the volume of BTC untouched for 10 years or more—known as “ancient supply”—is now expanding faster...
Hong Kong-based e-commerce giant JD.com is preparing to launch its own stablecoin, backed by the Hong Kong dollar, by the end of 2025. In addition to this, the company is also exploring the possibility of supporting other fiat-backed stablecoins....
Taiwan-based Web3 gaming platform Lootex has officially launched its cyberpunk-themed runner game Xynth88 today on the LINE MINI App, signalling a strategic push to make blockchain-integrated gaming more accessible to mainstream audiences. Blending high-speed, swipe-based mobile gameplay with Web3...
The Blockchain Group has announced the acquisition of 182 additional bitcoins for approximately €17 million. This strategic move increases the company’s total bitcoin treasury to 1,653 BTC, now valued at around €148.9 million. The average acquisition cost stands at...
