OKX exchange raises fresh capital at $25B valuation
OKX raised an undisclosed amount at a $25 billion valuation as an extension to March’s investment round led by the parent company of the New York Stock…
US crypto rules need to survive the next election
US crypto rules could be vulnerable to political change after the midterms. Former New York Gov. Andrew Cuomo argues Congress needs to pass durable, bipartisan…
Paxos’ $3B USDG stablecoin launches on Arbitrum
Paxos’ USDG stablecoin is now live on Arbitrum as the network proposes 100 million ARB in incentives to support adoption and liquidity. Source：Cointelegraph
Polymarket overhauls smart contracts with new Protocol V2 rollout
Polymarket begins its Protocol V2 rollout ahead of a planned November transition for new prediction markets, while existing positions remain on the current…
Hong Kong officials double down on end-2026 deadline for crypto licensing bill
Hong Kong regulators plan to establish a licensing regime for four categories, including digital asset trading, custody, advisory and management services.…
Ondo opens private markets with tokenized pre-IPO AI exposure
Ondo’s tokenized notes will give eligible investors exposure to private companies, with the first tied to an unnamed preIPO AI company. Source：Cointelegraph
Solana Foundation targets settlement in seconds with DvP launch
Solana DvP offers financial institutions an opensource settlement program designed to complete asset transfers and payments in seconds. Source：Cointelegraph
Better Markets says CFTC is ‘wrong agency’ to regulate retail crypto
Better Markets said the CFTC’s proposed framework to bring certain cryptocurrency transactions and exchanges under its oversight will leave investors less…
Rain seeks US trust bank charter days after OCC sued over crypto charters
Rain joins a growing queue of crypto firms seeking federal trust charters, while community banks have just asked a court to overturn the OCC rules underpinning…
OKX eyes emerging markets with yield-offering stablecoin savings and payments app
OKX Money lets users hold, send and spend dollarbacked stablecoins, with qualifying USDG balances earning up to 10% APY. Source：Cointelegraph
Chinese crime network laundered over $1B for Lazarus: ZachXBT
ZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack.…
Crypto PAC announces support for 32 House candidates in US midterms
Fairshake said it would financially back 32 House candidates who all voted in favor of the CLARITY market structure bill in 2025, as the bill remains in limbo…