Key Highlights: TRM Labs has announced launching of Beacon Network and it will be responsible for fighting crypto crimes. Binance has joined in as the founding member of the network.…
Launch
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Crypto Currency
Standard Chartered Partners with Amonica Brands and HKT to Launch Anchorpoint Financial
Key Takeaways: Standard Chartered, Animoca Brands, and HKT have launched Anchorpoint Financial to apply for a license to issue a Hong Kong dollar-backed stablecoin. Filing comes days after Hong Kong’s…
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Key Takeaways Coinbase is launching nano XRP and SOL perpetual futures for US traders on August 18. Both futures contracts will be cash-settled, track spot prices, and have position limits…
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Crypto Currency
Pump.fun rumored to launch incentive campaign with $PUMP rewards to claw back market share from LetsBONK
Key Takeaways Pump.fun is planning a 30-day trading volume incentive program with $PUMP token rewards. The initiative aims to boost trading volumes and regain market share from competitors like LetsBONK.…
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GameSquare has unveiled plans for a $100 million Ethereum treasury targeting a 14% yield through a decentralized finance (DeFi) strategy. Following the news, its shares surged by nearly 60%. GameSquare’s…
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ETF provider REX Shares has addressed feedback from the US Securities and Exchange Commission and is expected to soon launch the first-ever Solana staking exchange-traded fund, analysts say. “Rex also…
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Key Takeaways: Texas becomes the first U.S. state to establish a publicly funded Bitcoin reserve. Senate Bill 21 authorizes the state to hold BTC as a strategic financial asset outside…
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The launch of the EV maker’s robotaxi service caps a decade of promises about autonomous vehicles by Tesla CEO Elon Musk.
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Crypto Currency
Invesco, Galaxy Digital file to launch Solana ETF in Delaware amid SEC approval buzz
Key Takeaways Invesco and Galaxy Digital filed for a Solana ETF in Delaware amid expectations of SEC approval. The SEC may approve spot Solana ETFs within an expedited timeline of…
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Key Takeaways Société Générale-Forge plans to launch USD CoinVertible, a US dollar stablecoin, on Ethereum and Solana. BNY Mellon will act as the reserve custodian for USDCV, and trades will…