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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Category: Cryptocurrencies
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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RedStone Launches ‘First Oracle with Native Liquidation Intelligence’
RedStone has launched its Atom oracle, which captures “value at the source, inside the oracle layer itself” and sends the recaptured MEV directly to the protocol.
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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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Bitcoin ETFs Log Third Day of Gains as Ethereum Inflows Hit 17-Day Streak
Spot Bitcoin ETFs saw $157M in net inflows on July 28, led by BlackRock’s $147M IBIT haul, pushing total AUM to $153.19B across all products.
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Nasdaq-Listed Mill City Ventures Raises $450M to Pivot Into Crypto with Sui Treasury
Mill City Ventures III has raised $450 million in a private placement to overhaul its business model and establish a cryptocurrency treasury centered on Sui.
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CryptoPunks NFTs Roar Back With $24.6M in Weekly Trades
CryptoPunks roared back with $24.6M in weekly volume, topping NFT charts with a 416% surge and leading daily sales at $8.9M on July 29.
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Chinese BTC Mining Firm Bitmain Mulls Building First US Facility
Bitmain is considering a phased strategy to establish its first US factory, officially setting up a new headquarters in either Texas or Florida.
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Tron Inc. Registers $1B in Securities to Pivot Into TRX-Focused Crypto Treasury
Tron Inc. has filed to register up to $1 billion in securities as it shifts its core strategy toward building a crypto treasury centered on TRX.
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ChatGPT’s 35-Indicator SOL Analysis Shows $188 Resistance Test as Volume Rises 103% on ARK Interest
ChatGPT’s SOL Analysis has synthesized 35 indicators, institutional staking trends, and social data, finding Solana at $187.75 just below the 20-day EMA yet above longer averages, a crossroads where volume could lift price toward $220 or, if rejected, send it back to $179.
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