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Tokyo-listed game company Gumi has invested $17 million in XRP, aligning with SBI Holdings’ blockchain and cross-border payments strategy. Its dual focus on Bitcoin and XRP reflects a growing corporate adoption of crypto assets.
The fact is, creating a meaningful product doesn't require millions of dollars in funding, months of work, or even a team.
Several altcoins entered September with imbalances on their liquidation maps, highlighting a clear gap between bullish and bearish sentiment. These conditions create a favorable setup for large-scale liquidations. The following are three altcoins at risk of liquidations in the first week of September, based on liquidation data and the latest news likely to influence their … <a href="https://beincrypto.com/altcoins-at-major-liquidations-risk-first-week-september/">Continued</a>
This round of funding will focus on core system development, compliance construction, and market expansion, accelerating the layout of a global stablecoin cross-border payment network.
The market generally expects that a Federal Reserve rate cut will lower short-term interest rates, while long-term yields will face upward pressure due to inflation concerns.
Ethereum dominated August with $3.95B in inflows, outpacing Bitcoin’s losses, as crypto investment products saw $2.48B in weekly inflows.
- 08:54UXLINK hacker sold 1,620 ETH for 6.73 million DAI two hours agoForesight News reported, according to monitoring by Lookonchain, the hacker of UXLINK sold 1,620 ETH two hours ago in exchange for 6.73 million DAI.
- 08:53MetaMask hints at 100% likelihood of launching a token, probability of token launch this year rises to 59% on PolymarketForesight News reported that MetaMask posted an image strongly hinting at a 100% chance of launching a token. On Polymarket, the probability of MetaMask launching a token this year has risen to 59%, with the current trading volume on this prediction market exceeding $220,000.
- 08:22Elliptic receives strategic investment from HSBC, becoming the first company to gain support from four major global banks.ChainCatcher reported that blockchain analytics firm Elliptic has announced a strategic investment from HSBC, making it the first industry company to receive support from four Global Systemically Important Banks (G-SIBs), with the other three being JPMorgan, Santander, and Wells Fargo. Richard May, Head of Financial Crime at HSBC Group, will join Elliptic's board of directors. Elliptic stated that this investment will be used to expand the team and broaden its financial services coverage to meet the growing demand from financial institutions for blockchain transaction monitoring tools. The company's key focus areas include stablecoin regulation, AI-driven compliance tools, and expanding blockchain network coverage.