On May 19, MIIT and other 9 departments jointly issued the "Implementation Opinions on Accelerating the High-Quality Development of the Science and Technology Service Industry". The "Opinions" propose to promote the all-round development of the science and technology service industry and make comprehensive arrangements around key areas such as research and development, technology transfer and transformation, and business incubation. The "Opinions" make it clear that it is necessary to optimize t...
Crypto service providers are required to remove unlicensed stablecoins due to new European regulations. Kraken is developing a dollar-pegged stablecoin and plans to issue it by its Irish subsidiary. Meanwhile, Crypto.com plans to launch its own stablecoin in the third quarter of 2025 and expand to the European market.
Fidelity Digital Assets and Lightning Network payment service Voltage jointly released a research report that the development of Lightning Network will enhance the value of Bitcoin as an investment target. The data shows that the average capacity of Lightning Network has increased by 384% since 2020, and it currently holds about 5,358.50 BTC, which is about $509 million at the current price of $95,000. The data does not include private and unannounced payment channels. The report emphasizes that...
Fold Holdings (ticker: FLD), a bitcoin payment rewards service, listed on Nasdaq on February 19 through a merger with FTAC Emerald Acquisition Corp, a special purpose acquisition company (SPAC). On its first day of listing, FLD shares rose more than 30% to $13 before falling back to around $11. According to public documents, Fold currently holds 1,000 bitcoins, worth about $96 million at current prices, making it another asset-liability company after MicroStrategy, Semler Scientific, and Metapla...
On February 16th, BNB Chain announced that it has partnered with major wallet providers to launch three MEV protection solutions, dedicated to helping users protect their transactions from sandwich attacks and gain a more secure DeFi trading experience. The three solutions are: Wallets with automatic MEV protection (enabled by default) Wallets with manual MEV protection options. Customized protection for advanced users. CZ commented: "Step by step."
TikTok said in a statement that it was resuming service after reaching an agreement with the service provider, thanked Trump for providing the necessary clear information and assurances to the service provider that it would not face penalties, and said it would work with Trump to seek a long-term solution that would allow TikTok to continue operating in the United States.
Web3 liquidity provider Ordered Network announced that Solana Ecosystem DEX Raydium has officially launched the beta version of perpetual contracts supported by Ordered. 8.40 million active users of raydium can now access over 90 highly liquid perpetual markets for a seamless trading experience. This partnership will further strengthen Ordered's position as a permissionless liquidity layer for Web3 trading, while providing Solana traders with more innovative market options. Previously, OrderlyNe...
Auto trading service Cango entered the bitcoin mining space in November, paying $400 million for 50 EH/s of hashrate, instantly becoming one of the largest miners in the world. Bitcoin's hashrate is currently hovering at 823 EH/s, and once Cango's 50 EH/s is fully online, it will provide about 6% of the hashrate behind bitcoin. For reference, MARA Holdings (MARA), the world's largest listed miner, has a hashrate of just over 47 EH/s, followed by CleanSpark (CLSK) and Riot Platforms (RIOT) at 32 ...
According to Sina Technology, green energy service provider GCL Nengke and Ant Digital signed a strategic cooperation agreement, successfully completing the first domestic RWA (real world assets) based on photovoltaic physical assets, involving more than 200 million yuan. It is reported that this is the first domestic PV physical asset RWA, helping domestic green assets and overseas funds to efficiently connect, realize digital technology empowers the real industry. The cooperation aims to impro...