Hong Kong’s newest regulated stablecoin is already being put to work. HashKey Exchange, Hong Kong’s largest cryptocurrency exchange, is set to settle cross-border trade transactions with the UAE and the wider Middle East region using HKDAP following the stablecoin’s debut six days ago. The total cross-border trade transactions between Hong Kong and the UAE were
U.S. President Donald Trump has provided an update on the U.S.-Iran war, stating that there are no ongoing talks with Iran. He also claimed that the Strait of Hormuz is open and operating despite Iran’s counterclaim. Bitcoin is up today even as uncertainty remains over the Hormuz Strait, with oil prices edging higher.
Crypto companies raised $1.36B across 41 VC rounds in July. Investment fell only 6.8% from June, but round count dropped 28%, and one $400M strategic round supplied almost a third of the total. Key Takeaways $1.36B was invested across 41 VC rounds. Investment slipped 6.8% from June, while round count fell 28.1% to a 12-month
Etched is already eyeing a fresh funding round that will more than double the AI inference chips startup’s valuation at around $21 billion, barely one month after its late July Sequoia-led $300 million Series C round that valued the firm at $10.3 billion. The new numbers cited in the Wall Street Journal’s August 18 report
Bitcoin is facing selling pressure from several major sources at the same time. Miners have sold $BTC, spot Bitcoin ETFs have seen large outflows, and Strategy has stopped adding to its Bitcoin holdings. Meanwhile, Crypto analyst Ali Martinez notes that if selling continues to rise, the next major downside target is near $54,276. Bitcoin Miners
Early Bitcoin developer and self-proclaimed “Bitcoin thought leader,” Peter Todd, has revived debate over Bitcoin’s 21 million-coin limit and whether Bitcoin tail emission could help fund proof-of-work security as block subsidies shrink. The dispute turns on whether transaction fees alone can eventually fund adequate security. The clip posted Aug. 16 framed Todd as saying Bitcoin
$BNB Chain has unveiled a significant update to its on-chain AI agent deployment platform, $BNB Agent Studio, with the integration of Altana Network’s Smart Agentic Wallet as a new wallet option. This version two upgrade, reported by Crypto Briefing, marks a strategic move to enhance the security and control of AI agents operating on the
The third-largest corporate holder of $BTC has revealed additional details about its planned US expansion, which will see it invest 2,100 $BTC and $2.5 million in cash into Super League Enterprise. The transaction will transform the Nasdaq-listed entity into Superplanet and will become a US Bitcoin treasury platform operating under the ticker SUPA. Superplannet Is
Crypto’s accelerating wave of shutdowns is less a mystery than the delayed consequence of how the industry funded itself during the boom years, according to Ryan Kirkley, CEO of Global Settlement Network. More than 100 crypto projects have shut down, filed for bankruptcy or effectively disappeared in 2026, according to RootData figures cited by CoinDesk,