Solana wants to position itself as the execution layer for “internet capital markets” in Asia, or venues where users can issue, trade, borrow, lend, and settle assets online, 24/7, without needing a traditional exchange, bank or clearing house. At least, that was the position attendees and panelists at Solana’s Accelerate APAC event in Hong Kong
Ark Invest bought $11.6 million worth of shares in cryptocurrency exchange Bullish (BLSH) on Wednesday, the ninth consecutive day the investment manager has added to its BLSH holdings. The St. Petersburg, Florida-based company bought 364,134 shares in Bullish, which is also the parent company of CoinDesk, across three of its exchange-traded funds (ETFs). BLSH closed
A DePin company that has 3.5 million users and is currently raising for a Series A won this year’s PitchFest at Consensus Hong Kong. Hong Kong-based zkME Technology won the $20,000 prize after a grueling two-day event where competitors positioned their solutions as key for various problems in the crypto sector. “If DeFi really wants
Stablecoin issuer Agant won registration as a cryptoasset business with the U.K.’s Financial Conduct Authority (FCA), marking a regulatory milestone as it prepares to introduce a pound-denominated stablecoin, the company said in a press release Wednesday. The registration, granted under the country’s money laundering regulations, positions the firm to issue GBPA, a fully backed sterling
Global crypto exchange Binance has completed the conversion of its $1 billion Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin. The fund spent over $305 million acquiring 4,545 $BTC on Thursday, bringing the total stash to 15,000 $BTC worth over $1 billion, according to Arkham Intelligence data. #Binance SAFU Fund Asset Conversion –
Bitwise CEO Hunter Horsley said that the recent pullback in the cryptocurrency market is being seen as an “opportunity” by some institutional and wealthy investors. According to information shared by Horsley, a wealth management client the company contacted about two years ago, despite never having invested in crypto assets before, made their first Bitcoin purchase
OKX Ventures, the venture capital arm of the global cryptocurrency exchange, has made a strategic investment in STBL, a next-generation stablecoin and yield infrastructure provider. STBL, co-founded by Reeve Collins, who also co-founded Tether, and tokenization pioneer Avtar Sehra, also announced a partnership with Hamilton Lane (HLNE), an alternative-investment management firm, and Securitize, a regulated
Val Vavilov, an early figure in the cryptocurrency sector, stated that they view the recent sharp drop in Bitcoin as a buying opportunity. The Latvian billionaire, who founded Bitfury 15 years ago and made it one of the largest companies in the sector, stated that they bought Bitcoin at low levels in order to rebalance
Circle’s stablecoin $USDC just powered what organizers call the world’s first hackathon run entirely by autonomous artificial intelligence (AI) agents — no human judges, no human voters, just code evaluating code. Circle’s $USDC Anchors Experimental AI Agent Hackathon The weeklong event was conducted on Moltbook and Openclaw, with agents handling everything from submissions to evaluation
Humanity Protocol, a blockchain identity infrastructure firm, has integrated with Fireblocks, an institutional digital asset infrastructure entity. The partnership marks a key effort to unveil institutional-level treasury and custody access to Humanity Protocol’s Mainnet. As Humanity Protocol revealed in its official press release, the development permits over 2,400 firms leveraging the infrastructure of Fireblocks to