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 grants....
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 is...
Quick Breakdown: OSL and MetaComp partnered to build compliant cross-border digital asset infrastructure between Hong Kong and Singapore. Focus on stablecoin payments, tokenized real-world assets, and institutional-grade liquidity solutions. $300M equity raise positions OSL for global expansion and leadership...
Quick Breakdown: HashKey to launch Asia’s largest multi-currency Digital Asset Treasury (DAT) fund with a $500M goal. The fund bridges traditional finance with crypto, focusing on BTC and ETH ecosystem projects. Initiative strengthens institutional access to compliant, long-term digital...
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 capital...
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. Monex...
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 strategy...
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 $9M...
Quick breakdown: Thumzup Media, linked to Donald Trump Jr., is shifting from adtech to crypto mining by acquiring Dogehash Technologies. The company plans to operate 3,500 Dogecoin miners and expects substantial revenue growth tied to Dogecoin's price. The merger...
Quick Breakdown: DeFi Development Corp has doubled its Solana treasury to over 2 million SOL tokens, valued at $412 million, through recent purchases aimed at staking yield generation. Despite a 7.59% dip in shares, the company shows strong revenue...
