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Forbes: Reshaping Wall Street's Financial Infrastructure—Is Ethereum the Best Choice?
Forbes: Reshaping Wall Street's Financial Infrastructure—Is Ethereum the Best Choice?

Ethereum is not perfect, but it is the optimal solution.

BlockBeats·2025/09/29 15:23
Hong Kong stablecoins see the first batch of players exiting
Hong Kong stablecoins see the first batch of players exiting

At least four Chinese-funded financial institutions and their branches, including Guotai Junan International, have withdrawn from applying for a Hong Kong stablecoin license or have suspended related attempts in the RWA sector.

BlockBeats·2025/09/29 15:23
Flying Tulip completes $200 million financing, $FT token public offering with on-chain redemption rights
Flying Tulip completes $200 million financing, $FT token public offering with on-chain redemption rights

All primary market participants will have on-chain redemption rights, allowing them to burn $FT at any time and redeem up to the equivalent value of their original principal.

BlockBeats·2025/09/29 15:21
Flying Tulip has completed a $200 million financing round, with the $FT token being publicly offered and providing on-chain redemption rights.
Flying Tulip has completed a $200 million financing round, with the $FT token being publicly offered and providing on-chain redemption rights.

All primary market participants will have on-chain redemption rights, allowing them to burn $FT at any time and redeem up to the equivalent of the original principal.

BlockBeats·2025/09/29 15:00
Flash
  • 16:02
    Must Read Odaily Airdrop Hunter 24-hour Newsflash Featured Topics Event Articles Hot List Selected Opinions ODAILY Selected In-depth Content
    According to Odaily, the lower house of the Polish parliament has passed a new version of the "Crypto Asset Market Act," with 230 votes in favor and 196 against. The act stipulates that all crypto asset service providers (CASP) must apply for a license from the Polish Financial Supervision Authority (KNF). Violators will face fines of up to 10 million zlotys (approximately $2.8 million) and up to two years in prison. After the act is implemented, there will be a six-month transition period. Critics have called this act "the strictest cryptocurrency regulation in the EU," sparking strong opposition from the industry, which believes it could harm the interests of Poland's 3 million cryptocurrency holders. The act has now been submitted to the Senate for review. (Cointelegraph) According to Odaily, ApeX Protocol announced on X that ApeX Omni will undergo a service optimization upgrade at 02:15 UTC on September 30. Trading functions may be temporarily unavailable, and deposits/withdrawals may experience delays. Users are advised to manage their assets accordingly before the upgrade window. According to Odaily, the Hong Kong Securities and Futures Commission (SFC) released its Securities Industry Financial Review Report today, which pointed out that the total commission income from virtual asset trading reported for the first half of 2025 was HKD 127.9 million, an increase of HKD 500,000 compared to the second half of 2024. The total net commission income and interest income from securities trading, futures and options trading, leveraged foreign exchange trading, and virtual asset trading increased by 4% from HKD 34 billion in the second half of 2024 to HKD 35.4 billion. (apps.sfc.hk) According to Odaily, OpenSea data shows that the total transaction volume of the NFT series project Hypurr, deployed by the Hyper Foundation on HyperEVM, has reached 1 million HYPE, with the current floor price hitting 1,444 HYPE. The Hypurr series mainly targets participants who chose to claim NFTs during the Hyperliquid Genesis event last November. A total of 4,600 NFTs were issued, of which 4,313 were allocated to event participants, 144 to the Hyper Foundation, and 143 to core contributors, including Hyperliquid Labs, NFT artists, and other contributors. According to Odaily, Aster announced that the final round of the second phase of Genesis has increased the holding duration points to 10 times. The longer the user's holding period and the higher the open interest (OI) of trades, the more Rh points they will receive.
  • 16:02
    A certain whale spent 3.4 million USDT to purchase 1.76 million ASTER and added liquidity.
    According to Jinse Finance, monitored by Lookonchain, whale 0x9137 spent 3.4 million USDT to purchase 1.76 million ASTER at a price of $1.93, and then added 1.76 million ASTER and 3.43 million USDT to the liquidity pool.
  • 16:02
    Citi connects its blockchain platform to US dollar clearing, offering instant interbank cross-border payments
    Jinse Finance reported, according to Solid Intel, that an exchange plans to integrate its blockchain platform Citi Token Services with USD Clearing to provide 24/7 instant interbank cross-border payments for institutional clients in the United States and the United Kingdom.
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