Bitget and Foresight Ventures Invest $30 Million in TON Blockchain
SUMMARY Bitget and Foresight Ventures have invested $30 million in The Open Network (TON) blockchain to support its
Australia to Focus on Wholesale CBDC Development Over Retail
SUMMARY Australia’s central bank announced its focus on developing a wholesale central bank digital currency (CBDC). Assistant Governor
Bitcoin Stays Below $60K Amid Trader Concerns of Sell-Off Following 50 Basis Point Fed Rate Cut
SUMMARY Traders are pricing in a 65% chance of a Fed rate cut to the 4.5-5% range, with
BlackRock’s IBIT Sees First Daily Net Inflows in Three Weeks as Spot Bitcoin ETFs Draw $12.8 Million
SUMMARY BlackRock’s IBIT experienced its first positive flows in three weeks on Monday, as spot Bitcoin ETFs saw
Hong Kong Drafts AI Guidelines for the Financial Industry
SUMMARY Hong Kong plans to issue AI policies for the finance sector by the end of October. The
Bhutan, a Small Nation With a $3B Economy, Owns Over $780M in Bitcoin
SUMMARY Bhutan’s state-owned Druk Holdings has accumulated over $780 million in Bitcoin, representing nearly a third of the
Bernstein Predicts DeFi Yields to Rebound with Expected U.S. Rate Cuts
SUMMARY Bernstein analysts suggest DeFi lending markets are gaining momentum as the rate cycle turns dovish and a
Bitcoin, Ether Drop 5% in Anticipation of Fed Rate Cuts
SUMMARY Bitcoin dropped 3% early in the week, falling below $58,400, driven by expectations of potential Federal Reserve
Kraken Pursues Jury Trial to Challenge SEC Allegations of Running Unregistered Securities Exchange
SUMMARY Kraken has denied the SEC’s allegations of operating an unregistered securities exchange and is demanding a jury
ZKsync Launches Decentralized Governance System with On-Chain Contracts
SUMMARY ZKsync has launched its decentralized governance model, allowing the community to participate in key decisions, with power