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Several Asia-Pacific countries, including Hong Kong, India, Mumbai, and Australia, are resisting corporate hoarding of cryptocurrencies.
Quick Take Summary is AI generated, newsroom reviewed. The Ethereum Fusaka upgrade has entered its final testnet phase. It introduces a gas cap per transaction to improve block efficiency. The upgrade prepares Ethereum for parallel transaction processing. Mainnet launch is planned for December 3, 2025, marking a key milestone.References UPDATE: Ethereum's Fusaka upgrade enters final testnet phase ahead of Dec. 3 mainnet rollout.
Collaboration Aims to Develop Multi-Stablecoin Liquidity-Powered Global Settlement Layer
Near Protocol Validators Require 80% Approval for Proposed Annual Inflation Reduction, with Decision Expected by October 2025
- 09:03USDC Treasury burns 55,000,000 USDC on the Ethereum chainAccording to ChainCatcher, Whale Alert monitoring shows that approximately 2 minutes ago, USDC Treasury burned 55,000,000 USDC on the Ethereum blockchain.
- 08:56An institution sold 675,000 HYPE and bought 126,900 SOL in the past 4 hours.According to Jinse Finance, on-chain analyst Yujin has monitored that investors/institutions who received an allocation of 1 million SOL have sold HYPE to purchase SOL for the third consecutive day. In the past 4 hours, this institution sold 675,000 HYPE in exchange for 23.44 million USDC, and then bridged to Solana to purchase 126,900 SOL. Currently, the institution still holds 743,000 HYPE, valued at approximately 26.12 million US dollars.
- 08:56Siemens and B2C2 Begin Using JPMorgan Blockchain FX Payment PlatformAccording to Jinse Finance, Bloomberg reported that industrial giant Siemens Group and digital asset market maker B2C2 have begun using JPMorgan's blockchain-based foreign exchange payment platform. According to the report, this service enables enterprises to conduct cross-border foreign exchange transactions in USD, GBP, and EUR around the clock, achieving near-instant settlement. In contrast, corporate foreign exchange transfers using traditional channels are mainly available on business days, and completing transactions may take several days.