24/7 Blockchain industry dynamics and breaking crypto news
Stablecoin infrastructure provider HIFI has raised $37 million in a Series A round led by Left Lane Capital. The funds will expand its stablecoin payment products and tokenized capital market infrastructure, including USD cash settlement for assets like U.S. Treasuries.
Read MoreOracle's stock fell over 5% in pre-market trading on September 24. The sharp decline followed the company's issuance of a force majeure notice for its New Mexico data center, raising concerns about service stability and near-term operational impact.
Read MoreSEC Commissioner Hester Peirce advocates a shift in financial regulation, leveraging blockchain's transparent ledger and zero-knowledge proofs for precise verification over mass data collection. This approach aims to enhance illicit activity tracking while protecting user privacy, signaling a potential paradigm change.
Read MoreU.S. initial jobless claims fell to 197,000 last week, below forecasts of 200,000. The lower-than-expected figure suggests ongoing strength in the labor market, which remains a key factor for the Federal Reserve's policy assessments.
Read MoreRockawayX launches a $150M Catapult program to tokenize private credit assets like trade finance and ABS. The initiative provides venture funding, structuring, and liquidity solutions, addressing exit challenges for illiquid assets and expanding the firm's crypto investment ecosystem.
Read MoreThe European Banking Authority proposes extending MiCA regulations to crypto lending activities, including DeFi protocol access services. New rules may introduce suitability tests, leverage limits, and certification systems for DeFi lending protocols.
Read MoreLi Bei, founder of Banxia Investment, argues that new real estate policies are triggering a profound industry reshuffle. While causing short-term market pressure, they elevate the sector's opportunity to a "once-in-two-decades" level. Leading developers with strong products and financing may see a prolonged bull run, with potential multi-fold stock gains. She also reiterates warnings about AI bubble risks.
Read MoreOn-chain data reveals Hyperliquid Strategies significantly increased its HYPE holdings, purchasing 1.44 million tokens worth $135 million in a week. Its total portfolio now stands at 35.1 million HYPE valued at $3.2 billion, generating substantial unrealized gains, sparking market speculation.
Read MoreThe U.S. 30-year Treasury yield has recently surged to its highest level since 2004, marking a significant shift in long-term interest rates. This article explores the driving forces behind this move, its implications for financial markets, and actionable insights for investors navigating this new environment.
Read MoreMoore Threads' MTT S5000 AI card now fully supports the open-source biomolecular prediction model Protenix-v2. Benchmarks show a 26% average inference speed boost over mainstream GPUs with matching accuracy, offering a powerful domestic option for AI-driven scientific research.
Read MoreUNI, the governance token of Uniswap, has experienced a sharp decline, falling below the key $9 level to trade around $8.93. With a 24-hour drop exceeding 12%, market volatility is pronounced. This article examines the current price action and offers practical strategies for investors to manage risk during periods of high market turbulence.
Read MoreThe central bank's latest meeting emphasized using monetary policy tools flexibly to maintain ample liquidity, ensuring financing growth aligns with economic targets. It also highlighted enhancing policy foresight, reforming operational frameworks, lowering financing costs, and stabilizing exchange rates.
Read MoreIBM has upgraded its digital banking infrastructure by integrating SWIFT network connectivity and offering on-premises digital asset management solutions. This enhancement aims to improve cross-border transaction efficiency and provide financial institutions with greater control over asset governance, addressing rising security and compliance demands in the financial sector.
Read MoreSpot gold prices have retreated from recent highs, falling below the key psychological level of $4,250 per ounce with a daily decline of 0.86%. This pullback reflects profit-taking pressure and prompts a reassessment of short-term support levels.
Read MoreNY Fed President John Williams warns the inflation fight isn't finished. Persistent energy costs and surging demand from AI investments continue to exert pressure. He stresses significant work remains to bring inflation down, acknowledging market expectations for another rate hike this year as reasonable.
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