Hong Kong’s stablecoin rules are now live! πŸ‡­πŸ‡° Existing issuers have 6 months to transition & need temporary licenses from the HKMA. Non-compliance within 3 months = 4-month wind-down. Unable to get a license? 1 month to cease operations. Rules began July 26, 2025. #stablecoins #crypto #HongKong #blockchain #news
Algeria has banned all crypto activities – trading, holding, mining, & more – under new Law No. 25-10. Violators face 2-12 months in prison + fines ($1.5k-$7.7k). Reported by Cryptobriefing & Wu Blockchain. #crypto #blockchain #news
eToro to offer 24/5 trading for 100 US stocks/ETFs & plans to tokenize US equities on Ethereum (as ERC20 tokens)! πŸš€ They’ve also partnered with CME Group & secured $250M in credit for expansion. #etoro #crypto #stocks #blockchain #news
LBank is halting LBK trading & withdrawals July 21st due to compliance. They'll liquidate & buyback LBK from users at 1.2x their average purchase price, process expected within 6 months. (via Wu Blockchain) #crypto #LBank #blockchain #news
Decentralized exchange Hyperliquid is reportedly experiencing an outage, according to Wu Blockchain. #crypto #blockchain #news
Nasdaq-listed 180 Life Sciences (ATNF) will raise $425M to buy ETH & rebrand as ETHZilla! πŸš€ Electric Capital, Polychain & GSR are participating. Funds will also be used for on-chain yield strategies. Closing Aug 1st. #ETH #DeFi #crypto #blockchain #news
Ethena Labs has launched its Liquid Leverage feature on Aave, allowing users to deposit funds in a 50% sUSDe and 50% USDe ratio to participate in leveraged cycles and earn rewards. These rewards include USDe promotional incentives, native sUSDe yields, and standard borrowing rates. #crypto #blockchain #news
Twenty One Capital, backed by Tether & SoftBank, aims to become the 3rd-largest corporate Bitcoin treasury with >43,500 BTC. They'll acquire 5,800 BTC from Tether pre-merger, bringing their average cost basis to $87,280.37. #Bitcoin #crypto #blockchain #news #BTC
JPMorgan: Coinbase made ~$300M in Q1 from USDC via its Circle partnership – more than Circle’s entire net income! $125M from holding 13B USDC & $170M from reserve yields. Coinbase also holds ~$1.6B in Circle shares & JPMorgan estimates a potential $55-60B value for shareholders. (CoinDesk) #crypto #blockchain #news
Degen Foundation proposes burning a portion of the $DEGEN token supply (currently holds 32.5%) to reduce inflation & benefit long-term holders. Future large airdrops may be limited. πŸ”₯ #crypto #blockchain #news