Hong Kong passed a stablecoin bill that will enable the region to establish a licensing regime for fiat-backed stablecoin issuers. “Hong Kong’s stablecoins are backed by fiat currency as underlying assets, and we welcome global enterprises and institutions interested in issuing stablecoins
Sam Altman’s blockchain project World Network has raised $135 million in a private token sale of its WLD token. The sale was to venture capital giants a16z and Bain Capital Crypto and will be used to fund network expansion, the team shared.
Bitcoin BTC became the world’s fifth-largest asset after hitting a new all-time high on Wednesday, which pushed its market cap to $2.16 trillion. Though the crypto’s price consolidated lower after hitting a high of $109,400, its market cap passed Amazon (AMZN), which
Chainlink’s price action demonstrates remarkable resilience amid mixed global economic conditions. The token has established a well-defined rising channel pattern, with technical indicators supporting continued bullish momentum. After successfully breaking above the 200-day moving average, LINK has maintained its upward trajectory despite
Bitcoin BTC clinched a fresh record price of $109,400, surpassing the peak in January around Donald Trump’s inauguration. According to the CoinDesk Bitcoin Index, the largest and oldest cryptocurrency hit $109,486 on Wednesday during the early U.S. session. BTC surged more than
The digital assets market has transformed from a niche experiment into a global force reshaping finance, commerce, and technology. In May 2025, the global crypto market is valued at $3.05 trillion, growing at a pace on par with the internet boom in
The tokenization of real world assets (RWAs) is gaining recognition from institutions seeking collateral mobility, issuers making private, alternative assets more accessible to retail investors and crypto enthusiasts engaging in more serious conversations as compared to the NFT and memecoin craze of
Solana Labs’ mobile team shared Wednesday that it plans to ship its Seeker phone starting Aug. 4, in addition to sharing new information about some of its infrastructure framework as well as a new token for its mobile users. The news comes
Tron founder Justin Sun said he’s the top holder of the TRUMP memecoin, entitling him to attend a private dinner and a VIP reception with U.S. President Donald Trump this week. A Solana address apparently associated with Sun holds roughly $21.9 million
Crypto exchange Crypto.com said it bought AN Allnew Investments to gain a license allowing it to offer derivatives across the European Economic Area (EEA). The Markets in Financial Instruments Directive (MiFID) license was issued to Allnew by the Cyprus Securities and Exchange