Quick Breakdown Hyperliquid’s validators will decide the USDH stablecoin issuer in a governance vote on September 14. Four contenders, Paxos, Frax, Agora, and Native Markets, have submitted competing proposals. The announcement pushed HYPE token up 12%, near its all-time...
Quick Breakdown Over 77 firms have shown interest in Hong Kong’s stablecoin licenses, including ICBC, Standard Chartered, and PetroChina. Lawmakers stress that approvals will be scarce, with possibly only one license issued in the first round. Regulators are tightening...
Quick Breakdown Backpack EU, operating as Trek Labs Europe, has launched a perpetual futures platform in Europe. The company refunded all former FTX EU customers before relaunching. CySEC reinstated its MiFID II license after a €200,000 settlement for past...
Quick Breakdown: Smarter Web Company raises £2.6M via share placement, strengthening capital base. The company doubled down on its Bitcoin treasury strategy, holding reserves in BTC since 2023. Introduces BTC Yield metric to track shareholder value linked to Bitcoin...
Quick Breakdown: Bitcoin trades near $110,669, with AI models projecting slight short-term declines. TFT model shows Bitcoin staying in the $108K–$120K range through September. Volatility risk climbs sharply by month-end, with potential breakout catalysts looming. Bitcoin is expected to...
Quick Breakdown Sonic will issue 633.9M new S tokens to fund U.S. expansion, ETF plans, and a NASDAQ PIPE. Supply expands by 14%, but new burn mechanics are introduced to counteract dilution. The governance proposal passed with 99.98% approval,...
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: Metaplanet increased Bitcoin holdings to 20,136 BTC, worth $2.05 billion. The move strengthens its position as Asia’s largest corporate Bitcoin holder. The latest purchase highlights the ongoing strategy of aggressive BTC accumulation. Metaplanet (TSE: 3350) has increased...
