Hong Kong’s stablecoin rules are live (Aug 1st) with a 6-month transition. Licenses expected in early 2026! πŸ‡­πŸ‡° Expect more mainstream investment & innovation, says Huaxing Capital, who are expanding their SFC licenses & boosting Web3/RWA investment. They’ve backed Circle & launched a $100M fund. πŸš€ #crypto #blockchain #news
Billions, a digital identity verification platform, raised $30M led by Polychain (Coinbase Ventures & Polygon participated). They're building a network for human & AI interaction using zero-knowledge proof tech for secure, scalable identity verification. #crypto #blockchain #news
HK stablecoin rules prioritize AML over easy issuance, analyst Xiao Feng (via TechFlow) says. Limited initial approvals expected, focus on transactions. Feng predicts a potential China path: stablecoins β†’ RWAs β†’ Bitcoin on public blockchains. #crypto #HK #AML #blockchain #news #BTC #Bitcoin
ChainOpera AI connects ChatGPT apps to real-world demand in DePIN! πŸš€ 300K+ users, 600K+ daily transactions. Earn rewards with AI agents & a prompt-to-earn system! πŸ€–πŸ’° Developers welcome! #crypto #blockchain #news
Stable, a new Layer 1 blockchain for stablecoin transactions, raised $28M in seed funding led by Bitfinex & Hack VC! πŸš€ Franklin Templeton, KuCoin Ventures & Tether CEO Paolo Ardoino also invested. Stable aims for low-cost, fast global payments using USDT as gas. #blockchain #stablecoins #crypto #news
Japanese hotel operator Metaplanet transformed into a Bitcoin treasury after a COVID-19 crisis, inspired by MicroStrategy. They’ve been consistently accumulating BTC through financing, with no plans to sell. More in the full report. #crypto #blockchain #news #BTC #Bitcoin
Early SPX token holders moved 4.45M SPX ($7.52M) to Kraken today. Analysis shows the wallet (0x4a…2296) bought 6.4M SPX in Aug '24 at $0.019, now realizing a >$7M profit. #SPX #crypto #blockchain #news
Large BONK holder (Au6TfP…tpWhNh) deposited $4.56M in BONK as collateral on MarginFi, borrowed 1M USDC, & swapped for JitoSOL. Funds then moved to Drift Protocol. πŸ‘€ #BONK #DeFi #Solana #crypto #blockchain #news
New address amassed 62.97k ETH (~$240M) in 48h, including 23.3k ETH from Galaxy Digital. Bought at ~$3,820, currently down ~$10.02M. – @ai_9684xtpa via Wu Blockchain #crypto #blockchain #news
14.5yr dormant Bitcoin address moved 180 BTC ($21.25M) after years of inactivity! 330 BTC (~$39M total) sold this week, sent to institutions like B2C2, Galaxy & Coinbase. Original cost basis: ~$0.37/BTC. β‚Ώ #Bitcoin #crypto #blockchain #news #BTC