A big pockets rocked the Hyperliquid market when it deposited 16 million USDC and opened thousands and thousands of XPL lengthy positions in only a few minutes. This transfer immediately “swept clear” the order guide, liquidating all quick positions and driving XPL’s worth to soar over 200% from the $0.58 vary to a peak of…
The Trump Media & Expertise Group (TMTG) announced on Tuesday that it has partnered with the digital asset platform Crypto.com and the special-purpose acquisition firm Yorkville to create the primary Cronos (CRO) treasury. New CRO Treasury Undertaking The announcement particulars a definitive settlement between these entities to kind Trump Media Group CRO Technique, Inc., a…
Japanese brokerage group Monex is contemplating launching a yen-pegged stablecoin and accelerating plans for abroad acquisitions within the crypto sector, signaling its ambition to strengthen its position in international digital finance. Monex Chairman Oki Matsumoto instructed TV Tokyo that issuing a stablecoin requires important infrastructure and capital. Yen-Pegged Stablecoin Underneath Consideration Matsumoto emphasised that such…
Hut 8 (HUT), a bitcoin mining and digital infrastructure firm, surged Tuesday after unveiling plans to double its energy capability with 4 new US websites. The tasks, supported by a $2.4 billion liquidity framework, will strengthen the corporate’s position in bitcoin mining and digital infrastructure. Shares rose 10.49% to shut at $25.91, the very best…
On August 7, 2025, the US Division of Justice convicted Twister Money co-founder Roman Storm for working an unlicensed cash transmission enterprise. The case, seen as a crackdown on crypto mixing infrastructure, straight impacts hacker teams’ laundering networks. Weeks later, on August 26, the FBI confirmed that the Lazarus Group was behind the $1.5 billion…
Hong Kong is shifting quick to construct its digital finance market via real-world asset (RWA) tokenization, exchange-traded funds (ETFs), and new stablecoin guidelines. But steep prices and compliance calls for proceed to carry again smaller issuers. On August 26, buying and selling volumes within the metropolis’s six digital asset ETFs reached HK$56.4 million ($7.2 million)….
World Liberty Financial, a decentralized finance (DeFi) platform backed by US President Donald Trump, has activated the token unlocking function for its native cryptocurrency, WLFI. According to the project’s website, other utilities, including trading, lending, and app functionality, are expected to launch soon, expanding the ecosystem. First WLFI Unlock Brings The Token Closer to Full…
On Bloomberg’s “ETF IQ” on Monday, REX Financial chief executive Greg King made his most forceful public case yet for Solana’s role in real-world finance—especially for stablecoins—and explained why his firm built a 1940 Act, staking-enabled ETF around SOL rather than waiting for a traditional ’33 Act spot product. Solana Vs. Ethereum King did not…
Bitcoin faces a potential correction. It must quickly reclaim $110,800. Failure to do so could trigger a further downturn. Glassnode identified a key metric. $110,800 is the average cost for new investors, based on May through July buyers. During this period, Bitcoin hit new all-time highs. Bitcoin Should Defend $110,800 Glassnode explains that the average…
South Korea is racing against time to regulate stablecoins. The regulators are finalizing stablecoin legislation while industry players urge faster regulatory clarity to compete globally. A seminar held on Monday at the National Assembly in Seoul gave a glimpse of the state of the industry. Regulators Push Legislation Since RedoPay, a Hong Kong company’s crypto…