HSBC has officially named its forthcoming Hong Kong stablecoin HSBC RedCoin. It is one of the most significant moves by a traditional bank into the digital asset space in Asia. The name reflects the bank’s Hong Kong heritage. The launch strategy is deliberately phased. It starts with person-to-person and person-to-merchant
3 hours ago 2 mins read
Kalshi is in advanced talks to raise approximately $1 billion in fresh capital at a valuation of around $40 billion, an 82% jump from the $22 billion valuation it commanded just three months ago in its May financing round. The deal is expected to close in the coming weeks, with
8 hours ago 2 mins read
Kakao Pay Securities has signed MOUs with both Ondo Finance and Dinari Global to explore the tokenisation and international distribution of South Korean-listed stocks. The partnership marks one of the most concrete moves yet to open Korean public markets to global investors through blockchain infrastructure, rather than the traditional and
1 day ago 2 mins read
The Commodity Futures Trading Commission (CFTC) has approved the registration of Coinbase Clearing LLC as a Derivatives Clearing Organisation. This makes it the first USDC-native clearinghouse in the United States. The approval completes what Coinbase has been building toward for years: a full-stack, CFTC-regulated derivatives platform under one roof. Coinbase
September 29, 2026 2 mins read
Bitget has begun the phased resumption of withdrawals following the security incident identified on September 24. The first of its kind in the eight years of operation of the exchange. BTC withdrawals on the Bitcoin and BSC networks went live at 08:00 UTC on September 28, with 9,585 orders. 4,098.036
September 28, 2026 2 mins read
China’s Ministry of State Security (MSS) issued a pointed warning on Monday: cryptocurrencies are not beyond the reach of the law, and anyone who believes otherwise is working from a false premise. The statement targets a growing misconception: that using crypto instead of traditional banking severs the connection between transactions
September 28, 2026 2 mins read
Onchain analyst Wazz has uncovered what appears to be the largest coordinated rug-pull operation traced on Robinhood Chain to date. Across roughly two months, 53 token launches were linked to a single extraction operation that pulled at least $18.43 million from retail buyers, with Wazz noting the real figure is
September 28, 2026 2 mins read
Ondo Finance’s ONDO is currently trading around the $0.5626 mark, posting a steady surge of over 32.5%. Also, the volume is at $1.378 billion, and the 24-hour session ranged between $0.4181 and $0.5789. The price chart shows that the token is now pressing against new yearly highs. The catalyst is
September 25, 2026 3 mins read
Bitget CEO Gracy Chen announced that at 18:31 UTC on September 24, 2026, Bitget’s security systems detected unauthorised transfers from a number of its hot wallets. The emergency response team was activated within minutes. By the time the initial assessment was complete, the damage had been confirmed at approximately $351.6
September 25, 2026 2 mins read
Zcash co-founder Eli Ben-Sasson is putting numbers on the table. A few days back, he called ZEC above $1,200 by September 25, and it hit. Now he has set his end-of-year target at $5,000. His reasoning is that ZEC is like a second type of Bitcoin, and a large portion
September 24, 2026 2 mins read