Crypto Lender Abra Secretly Pauses Withdrawals, Customers Fear $700M Platform Collapse

Crypto lender Abra has quietly paused withdrawals for international customers without public announcement, sparking fears of another major platform collapse similar to Celsius and BlockFi as desperate users flood social media demanding access to their frozen funds.
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Hong Kong Monetary Authority Releases Stablecoin Licensing Framework – CBDCs Coming Soon?

Hong Kong has formalized oversight of stablecoins, issuing licensing and AML guidelines effective Aug 1. Issuers must seek HKMA feedback by Aug 31 and file full applications by Sept 30, while existing operators have a transition period to meet new governance standards.
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SharpLink Secures 438K ETH, Spending $290M in Weeklong Buying Spree

SharpLink Gaming has continued its aggressive Ethereum treasury program, buying 77,209 ETH to reach 438,190 ETH held. Net ATM proceeds of $279.2 M funded the latest purchases, while staking rewards have grown to 722 ETH. Former BlackRock strategist Joseph Chalom has taken the Co-CEO role.
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