News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Share link:In this post: Xpeng posts record quarterly revenue as deliveries surge despite price war. Net loss narrows to five-year low, helped by cost cuts and new models. The carmaker expects revenue to almost double in the third quarter on strong demand.
US indexes were muted Monday as investors wait to hear from Chair Powell and President Trump
South Korea’s government requested local exchanges to stop crypto lending services that have been in place since last month. The Financial Services Commission and Financial Supervisory Service issued a press release on Tuesday. They said they sent an official letter asking local crypto exchanges to suspend new lending services until regulators finalize guidelines. Although Crypto Lending … <a href="https://beincrypto.com/korea-stops-local-exchanges-from-crypto-lending-services/">Continued</a>
- 16:25Cross-chain interoperability protocol deBridge integrates TRON networkForesight News reports that the cross-chain interoperability protocol deBridge has announced its integration with the TRON network. Users can now securely and quickly transfer TRC 20 assets between TRON and more than 30 other networks, including Ethereum and Solana, via deBridge. There is no need for cumbersome intermediaries or asset wrapping, unlocking liquidity worth tens of billions of dollars. The TRON network is the world's largest stablecoin circulation hub. Traditional cross-chain bridging solutions often face bottlenecks in speed, security, and user experience. The integration of deBridge provides users with "second-level settlement" and a Cex-like experience, unlocking new liquidity pathways for Tron DeFi.
- 16:25Plasma announces partnership with Wildcat to build a transparent private credit layerForesight News reported that the Plasma Foundation has announced a partnership with the decentralized credit market WildcatFi to build a transparent private credit layer on Plasma. This aims to support short-term credit required for real-time clearing and promote the development of a new global financial system. Wildcat is a customizable unsecured credit protocol for institutions, which has facilitated over $165 billions in credit transactions and supports short-term lending models that are not possible in traditional markets, including "overnight" markets that meet T+0/T+1 settlement. Plasma stated that payment financing is crucial for both traditional and stablecoin infrastructures and can accelerate the development of the global payments industry. Wildcat will be the launch partner when the Plasma mainnet beta goes live.
- 16:25Arbitrum multi-signature wallet deposited 13.105 million ARB to a certain exchange 45 minutes agoForesight News reported, according to Ember monitoring, a multisig wallet on Arbitrum deposited 13.105 million ARB (worth approximately $6.91 million) to a certain exchange 45 minutes ago. This wallet received 250 million ARB from the Arbitrum DAO treasury wallet 10 months ago, and began gradually transferring ARB to the exchange 3 months ago. Currently, the wallet has transferred a total of 38.434 million ARB (worth approximately $16.68 million), with an average price of $0.43.