PayPal CEO Alex Chriss stated that stablecoins still face adoption barriers in the U.S., consumer incentives are limited, and there are few early use cases.
Big brother, can you learn from Didi Kuaidi about subsidies...
The official website information of Xeggex, a popular cryptocurrency exchange during the boom period of POW coins, shows that Xeggex is about to shut down and file for bankruptcy due to a hacker attack in February and other recent issues. Previously, Xeggex suffered a hacker attack in February of this year, and users were unable to log into their personal accounts.
The Japanese listed company Metaplanet increased its holdings by 1,234 bitcoins at an average price of $107,557, with a total value of approximately $132.7 million. As of June 25, 2025, Metaplanet holds a total of 12,345 bitcoins, with an average bitcoin price of $97,036, valued at $1.332 billion.
In a landmark shift in the U.S. housing finance system, the Federal Housing Finance Agency (FHFA) has issued a directive requiring Fannie Mae and Freddie Mac to officially recognize cryptocurrency as an asset in the risk assessment of single-family mortgages.
According to Bloomberg, a former Blackstone executive is collaborating with the co-founder of Tether to raise $1 billion through a special purpose acquisition company (SPAC) called M3-Brigade Acquisition V Corp., intending to establish a publicly traded cryptocurrency asset reserve institution that will hold a diversified token portfolio including Bitcoin, Ethereum, and Solana. The fundraising is still ongoing, and relevant details have not yet been finalized.
Having been engaged in offline currency exchange for a long time, I have been to most of the language areas. Almost everyone who doesn't trade cryptocurrencies but uses USDT is basically on the TRON chain; they don't dare to use other chains and don't recognize them.
Slow fog reminder: The Coin app will read the photo album to steal user mnemonic phrases, please disable photo album permissions on iOS. Users in China should report to the police.
People's Bank of China and six other departments: Establishing a re-lending service for consumption and elderly care, with a quota of 500 billion yuan. Loans for key areas of service consumption issued to 21 national financial institutions and 5 city commercial banks that are considered systemically important can apply for re-lending at 100% of the loan principal.
Come on, come on, the country is pouring money, lending to you to trade cryptocurrencies...
Anthony Pompliano's Bitcoin vault company ProCap announced that it will go public through a SPAC merger, with a transaction valuation of up to 1 billion USD, expected to be completed by the end of 2025. ProCap has previously raised 550 million USD in preferred stock and 225 million USD in convertible bonds, and plans to operate its BTC reserves through a yield strategy, rather than just holding them.
Wall Street old-timers, not a peep yesterday, and today they're releasing good news left and right.
Former Coral Capital Holdings executives Patrick Horsman, Joshua Kruger, and Johnathan Pasch are in talks to raise $100 million to invest in BNB through a Nasdaq-listed company they control. The plan aims to emulate Michael Saylor's Bitcoin treasury strategy. After the fundraising is completed, the company intends to change its name to Build & Build Corporation.
According to Bloomberg, former Coral Capital Holdings executives Patrick Horsman, Joshua Kruger, and Johnathan Pasch are in talks to raise $100 million to invest in BNB (Binance platform token) through a Nasdaq-listed company they control. The plan aims to emulate Michael Saylor's Bitcoin treasury strategy, and once the fundraising is complete, the company plans to rename itself to Build & Build Corporation.