HSBC rolls out its first stablecoin to over 3 million everyday app users

HSBC and Standard Chartered-led Anchorpoint received Hong Kong’s first stablecoin issuer licenses in April. Anchorpoint began rolling out HKDAP in August. Source

Sweden’s central bank revives e-krona debate as stablecoins and digital euro loom

The Riksbank sees an e-krona as critical to securing national payments and monetary control. Source

India’s largest exchange denies hack after sleuths pointed to $16 million in suspicious outflows

CoinDCX denies its active wallets were hacked after sleuths flagged $16 million in outflows from addresses linked to the India-based exchange. Source

Polymarket has reportedly fired its marketing chief, also a close friend of the CEO

Matthew Modabber was reportedly ousted after an internal probe of several instances of misconduct, according to the New York Post. Source

Ethereum delays Glamsterdam test after security devs flag risk to existing contracts

Developers canceled Monday’s Hoodi activation after researchers showed how new gas rules could let smart contracts permanently record failed operations. Source

Cardano holders are being asked to bet $5 million on copper hitting a new record

Toto Finance wants 22 million ADA from Cardano’s treasury to buy tokenized copper, and the metal would have to trade well above its all-time high for holders to get their money back. Source

Bitcoin, gold trim early losses as yen gives up gains. Oil stays near $100

Bitcoin and gold pared early losses as the yen gave up gains and Asian stocks rebounded, though oil near $100 keeps inflation risks in focus. Source

Senate’s top Democratic investigator looking into Tether payments to Bo Hines’ firm

Senator Richard Blumenthal, the ranking Democrat on the investigations subcommittee, added a probe of the ex-White House crypto adviser to his list of crypto interests. Source

A16z is the latest VC giant to widen bets beyond crypto and into AI and emerging tech

The venture investor behind early bets on Coinbase, Solana and Uniswap said is broadening its focus, joining other crypto investment firms looking beyond blockchain to artificial intelligence and tech themes. Source

Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures

When Silvergate was on the verge of collapse in 2023, Coinbase instructed 30 customers to deposit funds into an alternate account held by Coinbase at another U.S. bank. Source