Wall Street's $9 Trillion Asset Management Giant Suddenly Acts! HBAR Skyrockets Nearly 125%—What Happened?
BlackRock tokenizes money market funds on Hedera, stimulating a surge in HBAR that nearly reached 125%.

The renowned financial website Forbes recently published an article titled "‘A Very Big Opportunity’—Cryptocurrencies Suddenly Prepared for a Huge Chinese 'Earthquake' Following Bitcoin, Ethereum, and Ripple Price Surge." Cryptocurrency investor Brock Pierce stated that it is only a matter of time before China reopens its digital door to cryptocurrencies after the crackdown in 2021 that led to a significant drop in Bitcoin prices.
Which publicly listed companies hold the largest Bitcoin reserves in the world?
The decentralized social platform Friend.tech's token FRIEND has been continuously falling since its launch in May this year. In the past month alone, it has plummeted more than 56%. This has resulted in substantial losses for the well-known artist Machi Big Brother Huang Licheng, who repeatedly bought in, anticipating FRIEND to reach $10. Currently, his FRIEND holdings have an unrealized loss of $7.7 million.
DeFi researcher Chris Powers explores the new trend of "modular lending" in the lending sector, illustrating its potential in addressing market challenges and providing better services. This article, based on an article by Chris Powers, is compiled, translated, and written by BlockBeats.
Animoca Brands Chairman Yat Siu mentioned in an interview yesterday (7th) that Ethereum spot ETF issuers in Hong Kong are currently working to incorporate staking features into the Ethereum spot ETFs. The approval chance is expected to be very high. Can this change the sluggish state of Hong Kong's ETF market?
A crypto veteran recently fell victim to a scam, losing over 40 million MANEKI tokens (over SGD500K). Sharing the thievery process, he lamented his lapse in judgment but thanked the community for the support.
South Korea's tightening regulations on NFTs and ongoing debates over crypto taxes reflect its cautious approach to nurturing the crypto industry while mitigating risks. However, its lag in spot crypto ETFs may hinder growth, though signs of progress, like the FSC's initiatives, offer hope for navigating this complex landscape.
Binance founder Changpeng Zhao CZ started serving a 4-month prison sentence at the beginning of this month, becoming the wealthiest incarcerated individual in the U.S. His wealth surged dramatically due to the Binance Coin (BNB) reaching an all-time high in the past week.
Sam Altman has proposed that "computing power will become the new currency in the future." In the current AI hardware and software boom, it's crucial to understand this concept ahead of others to grasp the potential advancements in human technology and society.
Bitcoin leads investment activity, attracting over $1.97 billion in inflows, while Ethereum experiences its best performance since March, with nearly $70 million in inflows.