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Tether partners with the Georgian government to launch GEL₮, an official stablecoin pegged to the national currency Lari. This initiative aims to establish a dedicated regulatory framework, leveraging blockchain to cut transaction costs, enable instant settlement, and boost cross-border payment efficiency for the local digital economy.
Read MoreOn May 25, the combined turnover of the Shanghai and Shenzhen stock markets surged past 3.2 trillion yuan, marking a significant increase of over 300 billion yuan from the previous session. SMIC led the trading volume with 37.254 billion yuan, followed by other active tech stocks, reflecting robust market sentiment.
Read MoreOn-chain data indicates Trend Research, linked to LD Capital, moved over $11.5M worth of COMP and UNI tokens to an exchange deposit address, signaling a potential sell-off. If sold at current prices, the firm could face nearly $20M in unrealized losses.
Read MoreIran's Foreign Ministry spokesperson clarified that no tolls will be imposed on vessels passing through the Strait of Hormuz. While noting that specific services might incur reasonable fees, the statement distinguished this from passage charges, reaffirming Iran's commitment to navigational freedom in the vital waterway.
Read MoreIran's Foreign Ministry spokesperson confirmed a general negotiation framework has been reached with the U.S., but a swift agreement is unlikely. Notably, the current potential memorandum lacks specific details regarding the management of the strategic Strait of Hormuz.
Read MoreSoftBank's stock hit a record high, fueled by expectations that key AI companies in its portfolio are nearing IPOs. Analysts believe these listings could deliver massive returns and bring much-needed valuation clarity to the booming AI sector, boosting investor confidence.
Read MoreAn Iranian diplomat revealed the preliminary US-Iran draft agreement includes no commitments on nuclear issues or highly enriched uranium. If the US honors a potential memorandum, 60-day talks on nuclear matters would follow in exchange for sanctions relief. Iran's current focus is ending conflict, not nuclear discussions.
Read MoreSolstice (SLX) tokens launched on Binance Alpha on May 25 at 20:00 Beijing Time. Users with a minimum of 215 Alpha points can claim a 250 SLX airdrop on a first-come, first-served basis. The point requirement automatically drops by 5 points every 5 minutes if rewards remain. Claiming costs 15 points and must be confirmed on the activity page within 24 hours.
Read MoreElon Musk announced the completion of the Grok V9-Medium model with 1.5 trillion parameters. Enhanced by extensive AI programming data, it shows major improvements in complex coding tasks and is set for public release within 2-3 weeks.
Read MoreAI agents processed 176 million transactions worth $73 million over the past year, establishing stablecoins as the default settlement layer for machine-to-machine commerce. Over 98% used USDC, highlighting both adoption dominance and ecosystem concentration risks.
Read MoreOn May 25, SMIC's stock price surged over 18%, hitting a record high and pushing its total market capitalization past 1.24 trillion yuan, marking a significant milestone for the company.
Read MoreChina's Foreign Ministry spokesperson Mao Ning reiterated Beijing's consistent stance on the Middle East conflict, responding to reports of potential US-Iran negotiations. She emphasized that the war should never have occurred and urged an early resolution beneficial to all parties involved.
Read MoreOn May 25th, U.S. Treasury futures surged, with the 10-year contract rising 21 ticks and the 30-year contract gaining 1 full point, signaling a shift in market sentiment towards long-term interest rates.
Read MoreA crypto whale sold over 150,000 HYPE tokens and 130 BTC within 24 hours, cashing out nearly $20 million. Large pending sell orders for HYPE remain active, raising concerns about sustained market pressure.
Read MoreA core XRPL developer has issued a security warning about a surge in phishing attacks targeting XRP holders. Scammers are using fake wallet apps and fraudulent airdrops to steal funds. This article provides key identification tips and protective measures to safeguard assets.
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