News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
The world of traditional finance (TradFi) is on the cusp of a profound transformation, driven by the relentless innovation of blockchain technology. While the introduction of Bitcoin ETFs marked a significant milestone, it was merely the first step. The real convergence, where TradFi’s vast capital meets the efficiency and transparency of decentralized finance (DeFi) is … <a href="https://beincrypto.com/tradfi-on-chain-finance-convergence/">Continued</a>
Hong Kong’s new Stablecoin Ordinance mandates HKMA licensing, 1:1 backing, KYC, and bans DeFi involvement.KYC, Compliance, and the DeFi BanDivided Reactions from the Crypto Community
Mike Novogratz says the crypto treasury boom is over, and future growth will come from established players and long-term use.Long-Term Integration is the FutureWhat This Means for Investors
- 02:41Frax founder: The competition for USDH issuance rights is not for potential profits, but to seize a massive distribution scenario.ChainCatcher reported that Frax founder Sam Kazemian posted on X, stating that for stablecoin issuers and infrastructure companies, the key point of competing to submit Hyperliquid stablecoin USDH issuance proposals is not about profit sharing. The real value lies in achieving interoperability and deep 1:1 integration with Hyperliquid, which is a massive distribution scenario. In fact, all shortlisted proposers (Frax, Paxos, Agora) have already stated their willingness to return 100% of the profits.
- 02:31Chinese fintech companies engage with Venom on blockchain integrationAccording to ChainCatcher, as reported by BeInCrypto, a Chinese fintech company is in preliminary talks with Abu Dhabi's Venom Foundation regarding the introduction of the Venom blockchain, which is intended for use in cross-border settlements, green finance, and other scenarios. The transaction structure and timeline have not yet been disclosed. According to TheStreet, these negotiations are interpreted as a signal that China is exploring high-performance blockchain infrastructure within a specific compliance framework, possibly focusing on "acquisition/adoption of technical solutions" rather than equity mergers and acquisitions. Further details are subject to future official disclosures.
- 02:29A certain whale address 0x8C4 holds 73 million WLFI tokens, with an average entry price of approximately $0.23.According to Jinse Finance, monitored by TheDataNerd, three hours ago, a certain whale address 0x8C4 withdrew another 10.25 million WLFI tokens (worth approximately $2.35 million) from an exchange. As of now, this address holds 73 million WLFI tokens, with an average entry price of about $0.23.