Crypto News
Standard Chartered, Animoca Brands Form Venture to Seek Hong Kong Stablecoin License
The "Anchorpoint" joint venture aims to capitalize on Hong Kong's newly launched stablecoin licensing regime.Source link
Dogwifhat Knitted Hat Sells for $800,000 to Founder of Meme Coin Launchpad
Bags Wif Hat? The founder of a rising token launchpad bought a meme coin-linked knitted hat for nearly $800,000—here’s why.Source link
BitcoinFi Booms: $7.39B in BTC Locked as Staking Takes Center Stage
Staking has become a central component of BitcoinFi, with over 68,500 bitcoins locked, amounting to a total value locked (TVL) of $7.39 billion. Three protocols—Babylon, Solv, and Lombard—dominate the market, controlling about 85% of the TVL. Staking Dominance and Market Concentration Staking has emerged as the “core engine of BitcoinFi,” locking up more than 68,500Source link
XRP Leads Double Digit Altcoin Rally as Cardano, Chainlink and SUI Surge
XRP spikes 10%, XLM and LINK follow with double-digit rallies as Ripple’s multi-year battle with the SEC ends.Source link
UAE Establishes Unified Regulatory Framework for Virtual Assets Through SCA and VARA Agreement
In a significant development for the local crypto sector, the United Arab Emirates has established a unified regulatory framework through an agreement between the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA). According to local media, this partnership aims to streamline licensing and oversight for Virtual Asset Service Providers (VASPs) acrossSource link