News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
These ETFs were not strictly approved one by one by the SEC, but instead utilized a brand-new "universal listing standard" and a little-known "8(a) clause" fast-track, becoming effective almost automatically with the tacit consent of the regulatory authority.
Dunamu and Naver Financial just announced their merger plans yesterday, and today Upbit's assets were stolen. This incident, especially during the sensitive period when they are considering a Nasdaq IPO, undoubtedly poses a challenge to their expansion plans.
With Lutnick entering politics, his son Brandon Lutnick has taken over as chairman, leading this Wall Street firm, which has been aggressively expanding in the crypto sector and maintains close ties with stablecoin giant Tether.
The stablecoin boom, the financialization of bitcoin, and cross-border capital flows are rapidly accelerating the restructuring of the industry.
The cryptocurrency sector must adapt to life "after the party."
Texas has officially taken the first step and is poised to become the first state in the United States to list bitcoin as a strategic reserve asset.
- 09:42Nansen: Base transaction volume exceeded 100 million in the past week, BNB Chain active addresses reached 11.6 millionForesight News reported, according to Nansen data, in the past week, the EVM chains ranked by number of active addresses are: BNB Chain (11.6 million), up 4% week-on-week; Polygon (5 million), up 26% week-on-week; and Base (2.5 million), down 4.6% week-on-week. In terms of transaction volume, Base leads with 100 million transactions, followed closely by BNB Chain with 98.9 million transactions.
- 09:42Animoca Brands plans to push for a US IPO next yearForesight News reported, according to The Block, that Animoca Brands plans to go public on Nasdaq next year through a reverse acquisition with Singapore-based fintech AI solutions company Currenc Group. Earlier today, it was reported that Animoca Brands Chief Strategy Officer Keyvan Peymani stated in an interview with CNBC that the company plans to expand its portfolio of approximately 600 companies next year, with a focus on areas beyond gaming. The targets include artificial intelligence, DePIN, DeFi, gaming, and stablecoins. Currently, gaming remains the largest category in Animoca Brands’ portfolio, with 230 out of the 628 invested companies related to gaming.
- 09:42Aave founder: UK financial promotion regulatory framework hinders stablecoin business developmentForesight News reported that Aave founder Stani Kulechov tweeted that the UK's current "Financial Promotions" regulatory framework is making it difficult to conduct stablecoin business locally. The system was originally intended to restrict misleading crypto advertising, but in practice treats all crypto assets equally, placing stablecoins on the same level as highly volatile tokens. As a result, UK users face lengthy questionnaires and mandatory 24-hour cooling-off periods when using stablecoin products, making basic operations such as deposits difficult. He pointed out that this regulatory approach leads to a slow and cumbersome user experience, increases the difficulty and cost for UK teams to build compliant stablecoins and embedded DeFi products, and drives users to overseas products, while teams are hesitant to build businesses in the UK. He believes the system needs a complete overhaul or replacement, and calls on the industry to jointly promote a more reasonable and innovation-supportive regulatory approach.