Month: ខែ​សីហា 2025

Insiders say China plans to launch renminbi-backed stablecoins in an effort to combat the U.S. dollar. However, the launch is held back by capital outflow concerns. Summary China has reportedly begun testing renminbi-backed stablecoins.Stablecoin plans have been hindered by growing concerns over the nations financial control and fears of potential misuse. In a recent article by the Financial Times, its been revealed that Chinese officials have zeroed-in on stablecoin

Binance.US’s latest listings, Toshi and Worldcoin, sparked renewed interest in both tokens, but early price action suggests one is clearly leading the charge. How far can these rallies extend? Summary Binance.US listed WLD on Aug. 6 and is set to list TOSHI on Aug. 7 at 7 a.m. EDT.TOSHI rallied over 20% after the listing announcement.WLD price action was muted amidst fresh concerns around regulatory backlash. According to an Aug. 6 X post by Binance.US, the U.S. affi

The long-hyped altcoin season had recently gone quiet. With several major assets pulling back and sentiment fading, the crypto market’s focus drifted back to Bitcoin. But this may be shifting again, as fresh signs of activity suggest that altcoins are back in play. Summary Binance just saw its highest altcoin inflows in 18 months, with more than 45,000 transactions recorded over the past week.The total altcoin market cap has jumped 23% in the last month, pointing to ren

A network of crypto scammers is leveraging aged YouTube accounts to push trading bots that lure users into deploying malicious smart contracts capable of draining their wallets. Summary Scammers are using aged YouTube accounts to promote malicious crypto trading bots.Victims are tricked into deploying obfuscated Ethereum contracts that redirect funds to attacker-controlled addresses. Sounding the alarm on this “widespread and ongoing” threat, senior threat researcher

Aave is showing signs of stability near the $265 level after a sharp retracement, even as it becomes the first decentralized finance protocol to surpass $60 billion in net deposits. Summary Aave price consolidates at $265, up 3% daily, but down 6% in 30 days.Net deposits top $60B, while TVL and fees signal growing DeFi demand.Technical indicators remain neutral, with upside potential above $280. At $265, Aave (AAVE) is up 3% over the last day but down 4.8% for the w

Curve Finance has officially launched on Etherlink, marking a major milestone in connecting Tezos with the wider Ethereum-compatible decentralized finance ecosystem. Summary Curve Finance launched on Etherlink on Aug. 7, bringing stablecoin liquidity to Tezos Layer 2.The deployment is part of Etherlink’s $3M Apple Farm Season 2 rewards initiative.Etherlink continues growing post-mainnet with a rising TVL and deeper protocol integrations. The deployment was announced

Decentralized advertising platform Alkimi has fully integrated Sui’s blockchain and technology stack to bring ad delivery, verification, payments, and data management entirely onchain. Summary Alkimi leverages the full Sui Stack—Sui, Walrus, Nautilus, and Seal—to automate ad delivery, verification, payments, and data management onchain.Major brands like AWS, TikTok, Currys, and Polestar are already using Alkimi’s blockchain-powered ad platform.The announcement follows M

South Korean digital bank KakaoBank hopes to cement its place in the stablecoin market and is reportedly reviewing various entry strategies, including a potential won-pegged stablecoin. Summary KakaoBank is reviewing stablecoin issuance and custody services as part of its digital asset strategy.The banks initiative is being led by a group-wide Stablecoin Task Force involving KakaoPay and other affiliates. Local media outlet reports say KakaoBank’s chief financial off

Parataxis Holdings is merging with SilverBox Corp IV in a special purpose acquisition that includes the formation of a NYSE-traded Bitcoin treasury company worth $640 million. Summary Parataxis and SilverBox Corp IV are merging to form a Bitcoin Treasury targeting U.S. and South Korea markets.News of the merger boosted the stock price of SilverBox by 1.32% in the past day. In a recent press release, the two companies announced that the deal could provide up to $640 m

Babylon Labs has introduced a breakthrough in decentralized finance with the launch of trustless Bitcoin vaults. Summary Babylon launched trustless Bitcoin vaults on Aug. 6, enabling native BTC to interact with DeFi without bridges or custodians.Vaults use BitVM3 and zero-knowledge proofs to enforce smart contract logic while BTC remains on-chain.The feature expands BTCs role in DeFi and complements Babylon’s Bitcoin staking ecosystem. Announced via an Aug. 6 post on