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  • 00:24
    Cathie Wood's Ark Invest increases holdings of BMNR worth $4.46 million
    According to ChainCatcher, monitored by Ark Invest Tracker, Cathie Wood’s Ark Invest increased its holdings of 101,950 shares of Bitmine Immersion (BMNR) stock through its three funds this Wednesday, with a total value of 4.46 million US dollars. Specifically, ARKK increased by 67,700 shares, ARKW by 21,890 shares, and ARKF by 12,360 shares.
  • 00:23
    Tether executives meet with major South Korean financial institutions to discuss stablecoin cooperation
    According to ChainCatcher, citing Cryptonews and Korean media MoneyS, on September 8, several Tether executives met with Jin Ok-dong, Chairman of Shinhan Financial Group in Seoul, to discuss stablecoin cooperation. In addition, KB Kookmin Bank Vice President Cho Young-seo is expected to meet with Tether representatives on September 10; KEB Hana and Woori had already made initial contact on August 26, and Tether also plans to communicate with the neobank Toss during this visit. Previously, Shinhan had already held talks last month with Circle's Head of USDC, Heath Tarbert.
  • 00:18
    Sky joins the competition for the issuance rights of Hyperliquid's USDH stablecoin
    Jinse Finance reported that Sky (formerly MakerDAO) has joined the competition for the issuance rights of the USDH stablecoin under Hyperliquid. Sky co-founder Rune posted on X, stating: "Sky offers Hyperliquid the main advantages for USDH: · USDH will have instant liquidity of $2.2 billions in USDC for off-chain redemption; · Sky can deploy its balance sheet of over $8 billions to Hyperliquid; · All USDH on Hyperliquid can earn a yield of 4.85%, higher than the yield on government bonds, and the entire 4.85% yield generated by USDH will be used for the HYPE buyback fund; · Sky can provide $25 millions in funding to create an independent Hyperliquid Star project to independently develop Hyperliquid DeFi; · Sky can transfer its buyback system to Hyperliquid, leveraging annual profits of over $250 millions to build USDH liquidity."
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