Animoca Brands, Standard Chartered Bank, and HKT have created a joint venture, Anchorpoint, to apply for a stablecoin issuer license in Hong Kong. They aim to bridge traditional finance with digital assets while adhering to regulatory standards.

The Dow Jones Industrial Average rose 200 points, fueled by Trump's chip tariff exemptions for U.S. companies, boosting tech stocks. Bitcoin climbed to over $116,000, while major indices approached record highs amid positive market sentiment.

Large XRP holders are selling off, causing negative trends in whale inflows and raising concerns about a potential price drop, similar to earlier this year. Analysts warn that without a return to previous inflow levels, XRP may struggle to regain bullish momentum.

President Trump plans to sign an executive order allowing private equity, real estate, and crypto in 401(k) accounts, potentially unlocking access to $12.5 trillion in retirement funds. This move seeks to clarify fiduciary duties and ease inclusion of alternative assets.

MANTRA has secured $20m from Inveniam to expand its RWA blockchain in the UAE and U.S., as its native OM token shows early signs of recovery after April’s 90%+ crash.
Summary
Inveniam’s $20m investment aims to scale MANTRA’s regulated RWA blockchain infra using AI-powered data tools.
MANTRA’s

Aave is showing signs of stability near the $265 level after a sharp retracement, even as it becomes the first decentralized finance protocol to surpass $60 billion in net deposits
Summary
Aave price consolidates at $265, up 3% daily, but down 6% in 30 days.
Net deposits top $60B, while TVL

A network of crypto scammers is leveraging aged YouTube accounts to push trading bots that lure users into deploying malicious smart contracts capable of draining their wallets.
Summary
Scammers are using aged YouTube accounts to promote malicious crypto trading bots.
Victims are tricked into de

Insiders say China plans to launch renminbi-backed stablecoins in an effort to combat the U.S. dollar. However, the launch is held back by capital outflow concerns.
Summary
China has reportedly begun testing renminbi-backed stablecoins.
Stablecoin plans have been hindered by growing concerns

Decentralized advertising platform Alkimi has fully integrated Sui’s blockchain and technology stack to bring ad delivery, verification, payments, and data management entirely onchain.
Summary
Alkimi leverages the full Sui Stack—Sui, Walrus, Nautilus, and Seal—to automate ad delivery, verificatio

South Korean digital bank KakaoBank hopes to cement its place in the stablecoin market and is reportedly reviewing various entry strategies, including a potential won-pegged stablecoin.
Summary
KakaoBank is reviewing stablecoin issuance and custody services as part of its digital asset

Marex is the first to utilize JPMorgan's Kinexys blockchain for instant, 24/7 settlements, reducing risk and enhancing efficiency in payment processes. This partnership reflects JPMorgan's ongoing commitment to blockchain innovation, despite skepticism about digital assets.

U.S. stocks rose as Wall Street celebrated positive corporate earnings while Bitcoin held steady around $114,000. Market focus remains on upcoming earnings reports and looming trade tariffs, with major companies like Disney and Airbnb in the spotlight.

The establishment of a US crypto strategic reserve has started a global trend of nations interested in holding crypto assets like Bitcoin. Here are the countries expressing interest in holding crypto.
Summary
The US crypto strategic reserve started a global trend, with many countries

In July, the stablecoin market hit a record $261 billion, with non-USD stablecoins quietly surpassing $1B in total market cap. However, CBDC developments showed a mixed picture, with some countries advancing pilots while others pushing back.
Summary
Stablecoins hit a new ATH market cap in July th

Multiple countries, including Indonesia and Brazil, are now exploring the creation of strategic Bitcoin reserves to strengthen economic resilience and modernize financial infrastructure.
Summary
Bitcoin Indonesia met with the Vice President’s office to present proposals outlining a Bitcoin reserv