The launchpad that fueled Robinhood Chain's memecoin boom just gave away all its revenue
Noxa, the launchpad behind CASHCAT's rise, racked up nearly $12 million in fees before going dark, giving away its revenue, and leaving Robinhood Chain's…
Japan passes crypto overhaul to bring digital assets under financial rules
Japan’s revised Financial Instruments and Exchange Act introduces crypto insider trading rules, tougher penalties and new oversight requirements for crypto…
Stripe mounts blockbuster $53 billion bid to buy PayPal
The bid, made together with Advent, follows an earlier expression of interest. PayPal has been reluctant to engage with the offer thus far. Source：CoinDesk
UK plans first G7 digital sovereign bond by early 2027
The security will launch on HSBC’s Orion platform within the BoE and FCA’s Digital Securities Sandbox to test reduced settlement times and costs.…
优衣库再失一枚棋子
上周的Lemaire大秀选在巴士底歌剧院一座尚未完工的音乐厅里举行，而在秀场之外，一桩足以改写另一家时尚公司设计版图的变动正在酝酿。 资深时尚记者Lauren Sherman近日在行业媒体PUCK披露，Christophe Lemaire与SarahLinh Tran计划退出优衣库Uniqlo…
What IBM’s profit warning means: Hardware is ‘eating everyone’s lunch’
The company said the shortfall in its software and infrastructure business was tied to clients spending on memory ahead of price hikes. Source：MarketWatch
Velocity raises $38M to build stablecoin treasury infrastructure for enterprises
Backed by Dragonfly, FirstMark and Coinbase Ventures, the startup is expanding software that helps businesses integrate stablecoins into treasury and payment…
Binance bets on becoming a crypto 'super app' as stablecoins reshape growth
Shunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services than on trading alone as it…
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
The Japanese investment bank said Open USD's yield passthrough model could pressure Circle's margins by shifting more reserve income to distributors.…
JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollarpegged stablecoin. Source：CoinDesk
Hut 8 price target hiked to $165 at Benchmark as AI pivot reshapes valuation
Mark Palmer said Hut 8's Beacon Point project transforms the company into an AI infrastructure platform with a long growth runway. Source：CoinDesk
ECB picks firms including Deutsche Bank, Revolut for digital euro pilot
The pilot will test a beta version of the digital euro for online, offline, instore, and ecommerce payments with ECB and central bank staff as users.…