Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized…
OpenAI trails Anthropic as losses deepen and Altman pauses frontier AI training
Widening losses and intensifying competition coincide with a pause in frontier reinforcementlearning training as openai strengthens its safety controls.…
The stock market is driving the economy in one major way
The wealth effect of higher equity prices has enabled U.S. consumers to continue spending even when changes in disposable income suggested recessions might be…
Bitpanda fined in Austria’s first published MiCA penalty
The FMA said Bitpanda breached MiCA rules on crypto white papers and marketing communications, with the decision now final. Source：Cointelegraph
Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city
The Energy Ministry enacted the yearround restriction to mitigate power capacity shortages, as energyintensive mining facilities continue to strain regional…
Galaxy lowers CLARITY Act odds to 10%
Galaxy cited unresolved ethics, stablecoin yield and developer protection issues, along with a narrow Senate window when lawmakers return in September.…
SEC cancels key crypto regulatory meeting
The SEC canceled a meeting on proposed crypto offering rules after the Senate left for recess without voting on the CLARITY Act. Source：Cointelegraph
Standard Chartered-led Anchorpoint launches Hong Kong dollar stablecoin
HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.…
Itaú joins Brazil tokenization pilot with OpenAssets
The bank will test tokenized fixedincome securities and investment funds as part of an ANBIMAled industry pilot. Source：Cointelegraph
Following Senate delay, crypto bill has a narrow window to become law
After an August recess, lawmakers in the Senate will have just 36 days in session before the end of the year to pass the CLARITY Act. Source：Cointelegraph
Brazil's largest lender Itaú is stepping deeper into the tokenization
Itaú Unibanco said it teamed up with tokenization specialist OpenAssets to test tokenized bonds and funds in a pilot run by Brazil's financial watchdog ANBIMA.…
‘I’m dreaming of cocktails at Château Marmont’: I found $100 in my Airbnb’s communal washer. What should I do?
“The landlord has not been here in months, so I assume it was a previous tenant.” Source：MarketWatch