24/7 Blockchain industry dynamics and breaking crypto news
The miMATIC stablecoin on Polygon, issued by QiDao Protocol, has deviated significantly from its $1 peg, currently trading around $0.86—a roughly 14% discount. Blockaid reports the depegging event is ongoing, raising concerns about DeFi stability mechanisms.
Read MoreGalaxy Digital has allocated $100 million from its balance sheet to acquire sUSDS for its treasury and approved its use as collateral for institutional trading. This move signals growing institutional adoption of tokenized assets in DeFi lending.
Read MoreAave founder Stani clarified the V4 design, which has attracted ~$1.2B in deposits. He explained its Hub-Spoke architecture balances risk isolation with shared liquidity to improve capital efficiency, avoiding fragmentation from fully isolated markets.
Read MoreOn September 23, precious metals faced heavy selling pressure. Spot silver plunged 3% to $65.02/oz, while spot gold fell 1.20% to $4306.11/oz. The simultaneous decline may reflect market reactions to macro data, rate expectations, or a stronger dollar, raising questions about the near-term outlook for these traditional safe havens.
Read MoreChengdu has launched a public computing power service platform. Built with China Telecom, it integrates city-wide computing and digital resources, enabling flexible scheduling and on-demand billing. Using Token as a core metric, it streamlines the entire resource lifecycle, connects with local policy incentives, and lowers barriers for AI industry development.
Read MoreBinance Wallet has launched a three-month promotion in collaboration with TRON DAO, offering zero gas fees for USDT and other TRC-20 token transfers to the TRON network. After the campaign, a flat fee of 1 USDT per transaction will apply.
Read MoreAnalysts suggest Japan's stock market may see a catch-up rally, fueled by the global AI surge and a weak yen. While futures indicate optimism, risks remain from potential FX intervention and uncertain central bank policy, keeping traders cautious.
Read MoreHong Kong Financial Secretary Paul Chan reaffirms the stability of the Hong Kong dollar's peg to the US dollar, stating the system operates effectively and will be maintained to ensure financial stability and market confidence.
Read MoreOpenAI CEO Sam Altman is set to address the United Nations, advocating for the establishment of global artificial intelligence standards. This move signals a pivotal shift toward international coordination in AI governance, potentially shaping future development and regulation worldwide.
Read MoreAnt Group's Bailing AI has open-sourced the Ming-Image-0.1-Design series. These 6B-parameter models can generate complete visual designs like UI, infographics, and posters from text prompts, and decompose designs into editable transparent layers.
Read MoreCiti Group has significantly raised its price target for Micron Technology from $115 to $130, reflecting strong confidence in the memory chip leader's prospects. The upgrade is based on an improved industry supply-demand outlook and the company's competitive edge, potentially marking a new growth phase.
Read MoreBinance Alpha's third CYS airdrop is live. Users with 250+ Alpha points can claim 180 CYS tokens on a first-come basis. The points threshold drops every 5 minutes if rewards remain. Claiming costs 15 points.
Read MoreExchange Kalshi has filed with the SEC to list perpetual single-stock futures without expiration dates. The product uses a daily funding rate to track spot prices, with stringent listing criteria including a $100B market cap. A 15.5% margin requirement is proposed, pending regulatory approval for a November 2026 launch.
Read MoreTrump's latest financial disclosure reveals purchases of MSTR stock in late July, near its 2024 low. The stock has since surged approximately 83%. The White House states a third-party manages the trades. The filing also shows recent selling activity in the same stock.
Read MoreHong Kong's Securities and Futures Commission CEO, Julia Leung, announced that the HKEX will consult the market on extending stock trading hours. The move aims to boost the international competitiveness and liquidity of Hong Kong's financial market, with implications for both institutional and retail investors.
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