TON Foundation Teams Up With HashKey to Drive Crypto On-Ramping in Telegram
HashKey and the Foundation are focussing their partnership on Hong Kong in the first phase.Source
Bitcoin Meme Coin PUPS Fuelled by Hype Ahead of Runes Release
Ordinals and Runes are both projects by long-time Bitcoin developer Casey Rodarmor, which has created trust and lent an idea of authenticity among users.Source
Ether.Fi Inks $500M Restaking Deal With RedStone Oracles
Under its deal with RedStone, Ether.Fi will dedicate $500 million to help secure RedStone’s data oracles, which are used to pass information between blockchains and the outside world.Source
Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says
Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.Source
Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up
The Thursday total ETF flow was negative, with GBTC leading the packSource
Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl
The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who’ve pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.Source
Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock’s Tokenized Fund to USDC
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock’s BUIDL fund for USDC stablecoins.Source
Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO
Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year.Source
Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event
Nearly 25 million of locked-up APT tokens will be released Friday including to early investors, TokenUnlocks data shows.Source
Avi Eisenberg May Testify in $110M Crypto Fraud Trial, Defense Says
The crypto trader is facing up to 20 years in jail if convicted on all counts.Source