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Hong Kong-Listed Bitcoin ETFs Could Unlock Upto $25B in Demand, Crypto Firm Says

Hong Kong-Listed Bitcoin ETFs Could Unlock Upto $25B in Demand, Crypto Firm Says

Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.

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EigenLayer introduces six actively validated services including restaked rollups and Ethereum-native oracle

EigenLayer has introduced six new actively validated services with the mainnet rollout earlier this week, advancing its development.

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Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up

The Thursday total ETF flow was negative, with GBTC leading the pack

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Anza releases proposed congestion fixes on Solana devnet, asks validators to upgrade on testnet

Anza, Solana’s development and client team, deployed a congestion fix (via version 1.18.11) to the devnet.

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Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra

“A lot of things can go wrong,” in Ethena’s yield-generation strategy, said Folkvang CEO Mike van Rossum.

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FBI probed bitcoin core developer event linked to Luke Dashjr’s BTC hack: Mike Schmidt

Mike Schmidt said the FBI demanded that he hand over personal information of attendees at a Bitcoin core developer event in 2022.

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Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who’ve pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.

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Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock’s Tokenized Fund to USDC

Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock’s BUIDL fund for USDC stablecoins.

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JPMorgan says ‘subdued’ crypto VC funding poses a downside risk

JPMorgan analysts warn of potential downside risk as crypto venture capital funding remains “subdued” this year despite market rebound.

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Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO

Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year.

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