On February 24th, according to TheBlock, the investment of cryptocurrency companies in the field of sports sponsorship has increased significantly in 2025. According to SportQuake data, 22 sports sponsorship deals have been reached this year, with an average value of 4.30 million US dollars, compared with 18 deals and an average value of 2.60 million US dollars in the same period last year. Among them, Tether acquired a minority stake in Juventus for about 50 million US dollars, Coinbase reached...
On February 22nd, according to Bloomberg, OpenSea said that the Securities Exchange Commission has concluded its investigation into the NFT market. Recently, the SEC has postponed the litigation related to a number of crypto companies, and said that the newly established cryptocurrency working group may resolve a series of lawsuits to save judicial resources. Yesterday, the SEC has agreed to drop the lawsuit against Coinbase.
The two oil prices fell by $0.5 in the short term and are now reported at $71.5/barrel and $75.85/barrel, respectively.
According to Coindesk, Standard & Poor's Global Ratings said in a report on Wednesday that the lack of regulation of stablecoins in the United States is one of the main obstacles to the adoption of the currency. Analysts led by Mohamed Damak pointed out that the lack of regulation is one of the main obstacles to the adoption of stablecoins in the United States and hinders the wider institutional adoption of stablecoins. Stablecoins will play an increasingly important role in on-chain transaction...
On February 20, according to Businesswire, digital asset investment firm Canary Capital announced the launch of Canary AXL Trust, providing AXL investment channels for institutional and accredited investors. At this stage, it is only for accredited investors seeking to directly invest in AXL. AXL currently provides support for decentralized security through a scalable blockchain interoperability network.
According to ledgerinsights, Thai Finance Minister Pichai Chunhavajira said that the government plans to issue 5 billion baht ($148 million) government bonds directly to the public before the end of the fiscal year (September 30). The initial issuance will be considered a sandbox project and can be traded on a digital bond platform. The minister said: "We will involve retail investors, regardless of their financial situation. They can invest any amount, buy and sell directly on the platform, aro...
According to BlockBorks, packaging asset startup Universal completed a $9 million financing, with a16z leading the investment. Other specific information has not been disclosed yet.
According to FinanceFeeds, eToro announced that the Cyprus Securities and Exchange Commission (CySEC) has granted its European Union subsidiary eToro (Europe) Ltd a license to provide crypto services to all European Union member states under the framework of the Crypto Asset Regulated Market (MiCA). The company said this license allows it to operate in a unified European crypto regulatory environment, subject to the filing of relevant notices to each member state.
Barron's reports that the Federal Reserve has signaled that it is in no hurry to cut interest rates further as inflation continues to rise. Investors will look to the Fed's meeting notes for clues as to how long interest rates can remain at current levels. President Trump's new fiscal policies, namely deregulation, tax cuts, and potential stimulus measures, could boost economic growth, further reducing the need for continued rate cuts. In addition, tariffs and immigration policies could both exa...
According to NOW Financial reports, the Hong Kong Securities Supervision Commission will announce the virtual asset development roadmap this afternoon. Ye Zhiheng, executive director of the intermediary department of the Securities Supervision Commission, said at the Consensus Forum that it is not difficult to formulate the roadmap, and the focus is on how to implement the roadmap. He revealed that it is not just one road, but includes 12 initiatives. Ye Zhiheng pointed out that on the route...
According to Cointelegraph, Coinbase shareholder Wenduo Guo filed a lawsuit in New Jersey federal court on February 18, accusing the cryptocurrency exchange and its executives of violating securities laws by allegedly withholding information related to bankruptcy risks from investors. The lawsuit alleges that Coinbase and its management did not disclose the risk that user assets could be treated as bankruptcy property, which would make retail users unsecured creditors. The indictment also states...
The latest report released by Perryman Group shows that the bitcoin mining industry generates more than $4.10 billion in total output value and 31,000 jobs for the US economy every year. The report states that Texas is the largest beneficiary of bitcoin mining activities, with an annual economic contribution of $1.70 billion and more than 12,200 jobs. Georgia and New York contribute $316.80 million and $225.90 million in annual output, respectively. It is reported that the United States currentl...
As reported by VNEconomy last month, Vietnam's Ministry of Planning and Investment is seeking comments on the National Assembly's draft resolution on building a regional and international financial center in the country. The draft proposes that cryptoassets and cryptocurrency trading within the financial center will be officially implemented as of July 1, 2026. According to the draft, the regional financial center will be located in Da Nang City, while the international financial center will be ...
According to the official report of the two-layer network Abstract, its ecosystem application Cardex suffered a security bugs attack. The cause of the incident was that the Cardex team accidentally exposed the private key of the session signer on the front end of its website after completing a preliminary security audit. The vulnerability allowed the attacker to initiate transactions on any wallet that had authorized the session key, causing about $400,000 in token losses. Abstract said that the...