HKMA warns investors about stablecoin hype, noting stock boosts for companies *just* announcing plans. Regulator urges caution & will limit initial licenses. #stablecoins #crypto #HongKong #blockchain #news
Ethereum yields are now beating US Treasury bonds! 🤯 Nansen data shows sUSDE ~10% APR, Kamino 6-10%, Resolv USR 12.4%, and Ether.fi Liquid Katana ETH a whopping ~18%. Even standard ETH staking yields 6.8%. DeFi is heating up! 🔥 #crypto #blockchain #news
New US legislation, the CLARITY Act, aims to clarify rules for digital asset issuance & boost innovation in decentralized tech. It moves away from the SEC’s subjective decentralization test to objective standards – but currently covers *only* digital commodities. More info in the full report! #crypto #blockchain #news
Over $9M PENGU tokens (~226.6M) moved to centralized exchanges in the last 24h, per 余烬 (Yu Jin). Total CEX inflows since July 12th reach $54.61M (1.81B PENGU). #crypto #PENGU #blockchain #news
Hut 8 secures a commercial license from Dubai’s DIFC for its investment subsidiary. This enables deploying Bitcoin holdings into derivatives strategies, aiming for lower costs & reduced friction. #Bitcoin #DIFC #Hut8 #crypto #blockchain #news #BTC
South Korea is limiting crypto exposure for local firms. Regulators are blocking investments in companies like Coinbase & MicroStrategy within ETFs, citing 2017 rules. Crypto-linked stocks now represent >10% of some Korean ETFs, raising concerns. #crypto #blockchain #news
WLFI-linked addresses bought 6.1K ETH ($23M USDC) in 20 mins – per @ai_9684xtpa. Total accumulation over 6 days: 10K ETH ($35.98M), avg price $3,593. #crypto #blockchain #news
Binance CEO Richard Teng joins The Digital Chamber’s advisory board! 🚀 He’ll leverage his regulatory & financial expertise to foster innovation & investor protection in the blockchain/digital asset space. Advisors also from WisdomTree, Chainlink & Anchorage Digital. #crypto #blockchain #news
BitMine raised $182M from ARK Invest (4.77M BMNR shares) to buy Ethereum, aiming for 5% of total ETH supply ($177M allocation). Cathie Wood’s ARK Invest previously invested in Circle. #ETH #BitMine #ARKInvest #crypto #blockchain #news
Ethereum’s price is up 160% YTD, sparking a wave of validator exits. ~$1.92B in ETH is queued for withdrawal (9+ day wait!), as early stakers cash in. But demand to *join* staking remains strong – 357k ETH are waiting to enter (6+ day wait). #Ethereum #staking #ETH #crypto #blockchain #news