Author: NBTC

HKDAP could move the Hong Kong dollar beyond payments and into cross-border settlement, corporate treasury management and tokenized finance as regulated stablecoins gain a role in Hong Kong’s on-chain financial system, according to a HashKey researcher. HashKey senior researcher Tim Sun told crypto.news that the future role of Hong Kong dollar stablecoins, including HKDAP, could extend well beyond payments as financial assets increasingly move onto blockchain networks. “From our perspective, the role of HKD stablecoins (including HKDAP) in the future will be more than just a new payment tool; more importantly, they will serve as a digital vehicle for the…

Canary Capital’s $XRP exchange traded fund ended the first half of 2026 with $81.6 million fewer net assets even after positive capital share activity added $82.4 million. An Aug. 7 SEC filing shows that falling $XRP valuations more than offset the increase in shares during the six months through June 30. The unaudited Form 10 Q puts XRPC’s net assets at $241.17 million on June 30, down from $322.82 million at the end of 2025. Meanwhile, outstanding shares increased from 16.49 million to 21.77 million as the fund created 5.65 million shares and redeemed 370,000. $XRP itself fell 43.27% from…

“The master securityholder file used to be paper in a filing cabinet,” said Joris Delanoue, CEO of SEC-registered onchain transfer agent Fairmint. “Today it is a database. The proposal recognizes that blockchain can be that database, not merely a copy of it.” Why it matters Today, many tokenized securities effectively run on two records: the onchain token ledger and the official shareholder register. If the proposal is passed, blockchain can serve as the authoritative register, issuers and transfer agents may no longer need to maintain duplicate records and reconcile them after every transfer. That could reduce operational friction and the…

Hong Kong-based digital asset firm OSL Group has reported a substantial increase in its first-half financial results, with revenue climbing 65.8% year-over-year to HK$7.1 billion. The company’s adjusted net profit also rose by 75.5% to HK$42.2 million, according to a report from The Block. This performance underscores a broader recovery and growing institutional interest in digital assets within the region. Financial Highlights and Growth Drivers The significant uptick in revenue can be attributed to a combination of factors, including increased trading volumes on OSL’s platform and a favorable regulatory environment in Hong Kong. The city’s Securities and Futures Commission (SFC)…

Bitcoin returned above $65,000 on Tuesday as a rebound in Asian technology stocks restored some risk appetite after last week’s semiconductor selloff. At the time of writing, crypto.news price data showed $BTC trading around $65,245, up 1.23% over 24 hours and 5.02% over seven days. Trading volume stood near $32.18 billion. The broader crypto market also moved higher. Crypto.news showed Ethereum near $1,901, XRP around $1.11, Solana at $77.73, BNB near $571 and Hyperliquid around $62.49. Dogecoin traded near $0.073. The gains followed a sharp reversal across Asian equity markets, where South Korea’s Kospi rose 4.7%, Japan’s Nikkei gained 2.8%…

The NYSE-listed closed-end fund C1 Fund (NYSE: CFND) has added decentralized prediction market platform Polymarket to its investment portfolio, bringing its total number of cryptocurrency-related holdings to 11 as of the second quarter. The fund, which focuses on private and public digital asset companies, disclosed the addition in its latest regulatory filing, expanding from seven crypto-related positions at the end of last year. Expanded Crypto Portfolio C1 Fund’s cryptocurrency-related portfolio now includes Alchemy, BitGo, Blockchain.com, Chainalysis, ConsenSys, Figment, Fireblocks, Kraken, Polymarket, Ripple Labs, and Uphold. The fund’s move reflects a continued institutional appetite for digital asset infrastructure, analytics, and trading…

Eightco Holdings carried a $207.6 million cumulative unrealized loss on its position in Worldcoin’s $WLD token at June 30 as the customer responsible for about 99% of its operating revenue deteriorated, creating two distinct pressure points for Eightco’s $WLD treasury and operations. The company held 283.45 million $WLD with a $322.7 million cost basis and a $115.1 million fair value, according to its Aug. 7 quarterly filing. $WLD accounted for 50.5% of Eightco’s $228.0 million digital-asset portfolio. The company reported no operating revenue from the portfolio during the period. Those numbers are a June 30 accounting snapshot, not a current…

The UK House of Lords backed an amendment requiring the government to develop a digital asset strategy, in a 194–138 vote on Wednesday, despite the Labour government’s opposition to the measure. The amendment was added to the Financial Services and Markets Bill during its Report Stage on Wednesday. The bill is progressing through Parliament and would make broader changes to the UK’s financial services regulatory framework. Amendment 88, introduced by Conservative peer Baroness Neville-Rolfe, would require the Treasury to prepare, publish and consult on a digital asset strategy within 12 months of the Financial Services and Markets Bill becoming law.…

Binance is enhancing user engagement by promoting BNSOL and WBETH for flexible staking rewards. This development allows users to earn without relinquishing liquidity, making it a significant offering in the competitive crypto landscape. The implications for user retention and engagement are noteworthy as more traders seek adaptable investment strategies. For further details, check the official tweet here. Inside the Move The broader crypto market is currently showing mixed signals, with varying momentum across major assets. Binance’s focus on BNSOL and WBETH reflects a strategic response to user demand for flexibility in staking options. This initiative aligns with a growing trend…

Bitcoin, the leading cryptocurrency, has been in the spotlight for investors in recent days, exhibiting a strong recovery. While some analysts in the market suggest the uptrend may continue, others predict further declines. In this context, expert analyst Peter Brandt, with over 50 years of market experience, made a noteworthy prediction, stating that the current bear market in Bitcoin is not yet over and that the bottom has not been reached. In a recent interview, Brandt predicted that the $BTC bear market would bottom out on October 4th. According to the experienced analyst, $BTC could continue its current downtrend, falling…