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@Stripe faces opposition in its attempt to issue Hyperliquid’s USDH stablecoin as @MoonPay, Agora, and Rain propose alternatives. The competition highlights tensions in the stablecoin sector. #Update #Crypto $USDH
@MicroStrategy acquired 1,955 Bitcoin ($BTC) for $217.4 million last week, raising total holdings to 638,460 BTC. The purchase was made at an average price of $111,196 per coin. #Update #Crypto $BTC
@HSBC and @ICBC plan to apply for stablecoin licenses in Hong Kong, with @StandardChartered expected to receive first-round approvals under the new regulatory regime. #Update #Crypto
@BackpackEU, owner of FTX EU, launches a regulated perpetual futures platform in Europe after settling with the Cyprus Securities and Exchange Commission, fulfilling customer refunds. #Update #Crypto $BTC
A Bitcoin Ordinals developer threatens to fund an open-source fork of Bitcoin Core if censorship of non-financial transactions occurs, citing over $500M in fees from Ordinals and Runes. #Update #Crypto $BTC
Bitcoin whales sold approximately 115,000 BTC worth $12.7 billion last month, indicating heightened risk aversion among large investors and exerting downward pressure on prices. #Update #Crypto $BTC
@KuCoin is launching KuMining to capture 10% of the Dogecoin network’s mining capacity, offering access to $BTC and $DOGE hashrate; platform starts Sept. 16. #Update #Crypto $DOGE
The Bitcoin network’s mining difficulty has reached a new all-time high of 134.7 trillion, continuing its long-term upward trend. #Update #Crypto $BTC
Phishing scams cost crypto users over $12 million in August, a 72% increase from July, with 15,230 victims; $163 million lost overall due to cyberattacks. #Update #Crypto
@SoraVC announced a $1 billion Bitcoin treasury fund, aiming to acquire the full amount in six months, backed by $200 million from institutional partners. #Update #Crypto $BTC
The CFTC’s advisory on offshore exchanges won’t enable their return to the US, as regulatory requirements are unfeasible for crypto, says Eli Cohen of Centrifuge. #Update #Crypto
@WLFI’s onchain blacklisting measures have successfully prevented theft attempts linked to compromised end-users, enhancing security in the DeFi space. #Update #DeFi
Tokenizing car reservations could unlock a $50 billion market, addressing inefficiencies and markups in the auto industry by enabling tradable queue positions on blockchain. #Update #Crypto $ETH
In 2025, blockchain growth is driven by real user engagement, with top networks like $SOL and $NEAR seeing millions of active users due to DeFi and NFT ecosystems. #Update #Crypto $SOL $NEAR
