Month: ខែ​សីហា 2025

The Hong Kong stablecoin bill officially takes effect. Financial authorities say they will start granting stablecoin issuer licenses early next year. Heres everything we know about the bill. Summary Hong Kongs stablecoin bill comees into effect on August 1, marking its historic debut.Stablecoin issuer licenses are expected to be granted by the HKMA starting early 2026. The license allows companies to issue stablecoins pegged to the HKD and USD as well as offer stablecoi

PLUME crypto could be headed toward a 40% rally as smart money accumulation intensifies, as its dominance in the RWA sector is on the rise. Summary Smart money wallets increased PLUME holdings by 56% in the past 30 days.A falling wedge pattern has formed on PLUME’s daily chart, with price nearing a breakout at the 50-day moving average. According to on-chain data from Nansen, wallets tagged as “smart money”, including high-performing funds, early adopters, and active

Crypto hacks and security threats are escalating again, with hackers stealing over $140 million across multiple platforms in July alone.  Summary Crypto platforms lost over $142M in July across 17 confirmed hacks.Attackers are laundering funds faster, often within minutes.CoinDCX and GMX were among the month’s largest exploit targets. According to data shared by blockchain security firm PeckShield on Aug. 1, total losses hit $142 million last month, up 27% from $111.

At least seven asset managers have filed amended registration statements for their proposed spot Solana ETFs with the U.S. Securities and Exchange Commission as potential approval draws closer.As of August 1, firms including Bitwise, Canary Capital, Fidelity, CoinShares, Grayscale, Franklin Templeton, and VanEck have submitted updates to their S-1 registration statements.What is an amended S-1 registration?For those unaware, an S-1 is a document filed with the SEC that companies use to register

U.K fintech company Valereum Plc is raising funds to establish its Bitcoin treasury reserve, following many other companies that have jumped on the BTC band wagon. Summary Valereum Plc plans to raise £500,000 to purchase BTC for its reserve strategy.Its stock price dipped 4.35% following news of the BTC treasury, unlike past corporate BTC treasury adoption news on the market. On August 1, the fintech company announced that it will be aiming to raise £500,000 by issui

IMX price faces the risk of dropping to the key $0.35 support level as the upcoming token unlock adds pressure to an already bearish technical setup. Summary IMX price has pulled back 25% from its July high, breaching the 20-day EMA and nearing the 50-day SMA support.A descending triangle pattern with $0.35 support increases the risk of further bearish breakdown, especially with the August 8 token unlock releasing 24.52 million IMX tokens.Holding $0.35 and breaking abov

Arizona lawmakers have voted to revive a bill that would expand the state’s forfeiture laws to include digital assets and establish a new Bitcoin reserve fund.Following a June 19 motion in the Senate, House Bill 2324 is headed back to the Arizona House of Representatives for reconsideration. The measure, which had previously failed to pass the House on May 7, was brought back after a narrow 16-14 Senate vote. Republican Senator Janae Shamp, one of the lawmakers who initially voted against the bi