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Individual investors are participating in this game through emerging prediction markets such as Kalshi and Polymarket.
After the "Genius Act" was passed in the United States, stablecoin payment volumes surged, with August transactions exceeding 10 billion USD. Nearly two-thirds of this amount came from inter-company transfers, making it the main driving force.
In Brief BlackRock transfers $500 million to Polygon, enhancing blockchain integration in finance. The move shows increased trust in blockchain-based financial structures. It indicates a trend towards decentralization and long-term structural change in finance.
Discover the top crypto to buy in 2025 as BlockDAG outperforms Chainlink, Avalanche, and Cardano with live 15,000 TPS power and massive presale potential!1. BlockDAG: $430M Presale Raise Proves Real Demand!2. Chainlink: Oracle Power Meets Market Rebound3. Avalanche: Technical Setup with Breakout Potential4. Cardano: Consistent Development Despite Market DipWhich Is The Top Crypto to Buy Now?
Senator Tillis says crypto legislation must pass by early 2025 before election season blocks progress.Why Crypto Regulation Can’t WaitWhat’s Next for the Crypto Industry?
Brian Armstrong says crypto and stablecoins are key to upgrading the global financial system.Stablecoins as the Bridge to a New SystemThe Path Forward
- 07:35402bridge: Both the team test wallet and the main wallet were also attackedForesight News reported that 402bridge tweeted, "Due to this private key leak, more than a dozen of the team's test wallets and main wallets have also been attacked. We have promptly reported this incident to law enforcement authorities and will keep the community updated as the investigation progresses." According to a previous report by Foresight News, GoPlus tweeted that the x402 cross-chain protocol 402bridge was suspected of being hacked. The contract creator transferred ownership to an address starting with 0x2b8F, after which the new contract owner called the transferUserToken method in the contract to transfer all remaining USDC from authorized user wallets. Since users must authorize USDC to the 402bridge contract before minting, more than 200 users had their remaining USDC transferred due to over-authorizing. The address starting with 0x2b8F9 transferred a total of 17,693 USDC from users, then swapped the USDC for ETH and bridged it to Arbitrum through multiple cross-chain transactions. GoPlus advises users who have participated in this project to revoke the relevant authorization (0xed1AFc4DCfb39b9ab9d67f3f7f7d02803cEA9FC5) as soon as possible. Before authorizing, check whether the authorization address is the official address of the project you are interacting with, only authorize the required amount, and never grant unlimited authorization.
- 07:35FUN market cap is now reported at $16.84 million, with a 1-hour increase of 22.98%.Foresight News reported that according to GMGN market data, the market capitalization of FUN is currently at $16.84 million, with a 1-hour increase of 22.98%. Foresight News notes that store.fun is a decentralized commerce platform built on Solana. Anyone can open a store to sell physical or digital products.
- 07:07Hong Kong Monetary Authority: Digital Hong Kong Dollar to be promoted for personal use, preparatory work expected to be completed in the first half of next yearAccording to Jinse Finance, citing Ta Kung Wen Wei, the Hong Kong Monetary Authority (HKMA) stated in its "Digital Hong Kong Dollar" Pilot Program Phase II Report that eleven pilot groups have participated in the second phase of the project, covering three major themes: tokenized asset settlement, programmable payments, and offline payments. The report emphasizes that the "Digital Hong Kong Dollar" will gradually expand to the individual user level, with the relevant technical, legal, and commercial mechanisms expected to be ready in the first half of 2026, at which time broader application channels will be available to the public and enterprises.