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Forbes: Reshaping Wall Street's Financial Infrastructure—Is Ethereum the Best Choice?
Forbes: Reshaping Wall Street's Financial Infrastructure—Is Ethereum the Best Choice?

Ethereum is not perfect, but it is the optimal solution.

BlockBeats·2025/09/29 15:23
Hong Kong stablecoins see the first batch of players exiting
Hong Kong stablecoins see the first batch of players exiting

At least four Chinese-funded financial institutions and their branches, including Guotai Junan International, have withdrawn from applying for a Hong Kong stablecoin license or have suspended related attempts in the RWA sector.

BlockBeats·2025/09/29 15:23
Flying Tulip completes $200 million financing, $FT token public offering with on-chain redemption rights
Flying Tulip completes $200 million financing, $FT token public offering with on-chain redemption rights

All primary market participants will have on-chain redemption rights, allowing them to burn $FT at any time and redeem up to the equivalent value of their original principal.

BlockBeats·2025/09/29 15:21
Flying Tulip has completed a $200 million financing round, with the $FT token being publicly offered and providing on-chain redemption rights.
Flying Tulip has completed a $200 million financing round, with the $FT token being publicly offered and providing on-chain redemption rights.

All primary market participants will have on-chain redemption rights, allowing them to burn $FT at any time and redeem up to the equivalent of the original principal.

BlockBeats·2025/09/29 15:00
A Review of New Projects by DeFi Veterans: Curve Founder Launches BTC Pool, AC Plans to Build an All-in-One Exchange
A Review of New Projects by DeFi Veterans: Curve Founder Launches BTC Pool, AC Plans to Build an All-in-One Exchange

Aiming to address the challenges of on-chain liquidity.

深潮·2025/09/29 14:18
Flash
  • 23:39
    Overview of Major Overnight Developments on December 3
    21:00-7:00 Keywords: Strategy, Kalshi, Backed Finance 1. Strategy will consider lending bitcoin in the future; 2. Trump reiterates that the Federal Reserve Chairman should cut interest rates; 3. Kalshi completes $1 billion financing at a $11 billion valuation; 4. An exchange announces the acquisition of the tokenized asset platform Backed Finance; 5. JPMorgan: Bitcoin has become the leading indicator for the entire US market; 6. US lawmakers urge regulators to implement stablecoin regulations before the July 2026 deadline; 7. Strategy CEO: Strategy sets up a $1.4 billion reserve fund through stock sales to ease bitcoin selling pressure.
  • 23:39
    Celestia-based shared sequencer project Astria Network shuts down operations
    Jinse Finance reported that Astria Network, a Layer 2 shared sequencer project based on Celestia, has officially ceased operations. After running its mainnet for about a year, the development team proactively halted the network at block height 15,360,577 on Monday, marking the end of what they defined as an "experimental infrastructure project." Astria was launched in 2023 with the aim of providing decentralized shared sequencer services for Layer 2 networks. It previously completed a $5.5 million seed round led by Maven 11 and secured $12.5 million in strategic financing in 2024 led by dba and Placeholder VC. Earlier this year, the project successively discontinued development of its EVM Rollup product Flame, shut down its Celestia validator nodes, and ultimately decided to fully shut down. The team did not publicly disclose specific reasons.
  • 23:17
    Several European banks advance euro stablecoin, targeting launch in the second half of 2026
    According to ChainCatcher, ten European banks, including BNP Paribas, ING, and UniCredit, have formed a new company called Qivalis, planning to launch a euro-pegged stablecoin in the second half of 2026 to counter the US dollar-dominated digital payments. Qivalis is headquartered in Amsterdam, with former CEO of a German exchange's operations, Jan-Oliver Sell, serving as CEO, and former NatWest chairman Howard Davies as chairman of the board.
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