South Korea relaxes ban on institutional crypto trading, FSC introduces new rules to reshape market order
South Korea's Financial Services Commission (FSC) announced that it will officially allow non-profit organizations and virtual asset exchanges to sell their cryptocurrency holdings on a limited basis starting in June this year.
Brave Launches “.brave” On-Chain Domain Name, Ushering in a New Era of Web3 Browsing
The browser Brave has partnered with Web3 domain name service provider Unstoppable Domains to launch a new ".brave" on-chain domain name system (TLD) to create a more decentralized, secure and sustainable Internet infrastructure.
The second reading of the Hong Kong Legislative Council's "Stablecoin Bill" has started, which is expected to inject a strong shot in the arm for Web3 and financial innovation
On May 21, 2025, the Hong Kong Legislative Council officially launched the second reading debate on the Stablecoin Issuers Bill 2024, marking an important step for Hong Kong to move towards a new era of stablecoin regulation.
The Hong Kong Legislative Council will review the Stablecoin Bill at 13:30
The proposer of the amendment is the Secretary for Financial Services and the Treasury, Paul Chan, and the amendment is contained in the Legislative Council document CB(2)912/2025(01) issued on May 14, 2025.
The Great Recession and Bitcoin
At the time, banks made billions of dollars by bundling together risky mortgages and passing them on to investors in the form of collateralized debt products. These products were extremely popular, in part because prominent ratings agencies
Strive plans to acquire Mt. Gox claims and acquire 75,000 Bitcoins at a discount to strengthen reserves
US asset management company Strive is actively seeking to acquire 75,000 bitcoin claims related to the bankrupt exchange Mt. Gox at a discount price, a move aimed at increasing its bitcoin reserves and preparing for an upcoming reverse merg
Alibaba invested US$250 million in Meitu in the form of convertible bonds to explore new opportunities in AI e-commerce
On May 20, Meitu Inc. (stock code: 1357) announced that it had reached a strategic cooperation with Alibaba Network China Co., Ltd. (an indirect wholly-owned subsidiary of Alibaba Group), and issued convertible bonds with a total principal
CertiK founder Gu Ronghui: AI and human collaboration are the future answer to protecting Web3 security
CertiK co-founder Ronghui Gu discussed topics such as formal verification, the application of AI in blockchain security, and the risks brought by emerging technologies, and shared his insights on the future of Web3.0 security.
Microsoft introduces Elon Musk's xAI's Grok model into Azure AI to expand the platform ecosystem
Microsoft announced that its Azure AI platform officially launched the core products of xAI, an artificial intelligence company founded by Elon Musk - Grok 3 and Grok 3 Mini models. This is the first deep integration of xAI and Microsoft.
Huobi HTX announces the top 12 list of "Mars Project Special Edition", and one user will go to space with Justin Sun
Huobi HTX announces the top 12 list of the "Mars Project Special Edition". One user will go to space with Justin Sun. The final selected user will be announced in June and will embark on the space journey in July.
Head to GenAI Week SV 2025 to explore the future of AI with industry leaders and well-known brands
27 Apr 2025
After Trump, US Vice President JD Vance to Appear at Bitcoin Conference
10 May 2025
X Platform enters financial services: XMoney service is about to be launched to create a multifunctional digital ecosystem
10 May 2025
Bitcoin surpasses Amazon to become the world's fifth most valuable asset
10 May 2025
Bitcoin and Ethereum spot ETFs continue to attract funds, with net inflows of 173 million and 18.4008 million US dollars respectively yesterday.
30 Apr 2025
Tether spends $459 million to increase its Bitcoin holdings, helping Twenty One Capital become the third largest BTC holder among companies
14 May 2025