HSBC Names Hong Kong Stablecoin RedCoin, Targets P2P and P2M Payments
The bank plans a phased rollout, starting with person-to-person and person-to-merchant payments before expanding to business finance and corporate users.
UK energy bills to surge 16% in January, biggest rise in four years: BBC

The surge in UK energy bills could intensify inflation, influencing the Bank of England’s interest rate decisions and economic policy direction. The post UK energy bills to surge 16% in January, biggest rise in four years: BBC appeared first on Crypto Briefing.
Two Whales Exchange $4.26M in WBTC for AAVE, An Emerging Trend
In a significant move today, two major wallets exchanged 50.95 WBTC, valued at $4.26 million, for 25,502 AAVE tokens. This news, surfaced by crypto commentator @lookonchain, reflects a notable uptick in whale activity within the AAVE ecosystem. The implications of this transaction could suggest an increasing interest in DeFi as market dynamics shift. Breaking It […]
Bitget Attackers Reached Wallet Systems Via Third-Party Security Products
Investigators found no evidence that Bitget private keys were exposed, while cold wallets were not affected.
Earliest Bitget Attack Activity Traced to Aug. 31
The interim investigation found suspected intrusions across third-party security systems and wallet infrastructure before verified asset transfers began Sept. 25.
Philippines tightens digital bank rules as payments evolve
The Philippines’ central bank tightens digital banking rules as IBM advances tokenized deposits with SWIFT and BNY expands cross-border payments. The post Philippines tightens digital bank rules as payments evolve appeared first on CoinGeek.
Chinese technology hardware shares set for worst quarterly performance as AI selloff deepens

The downturn in Chinese tech stocks highlights vulnerabilities in AI investment strategies and raises questions about sustainable growth models. The post Chinese technology hardware shares set for worst quarterly performance as AI selloff deepens appeared first on Crypto Briefing.
Ripple Removed From BIS Cross-Border Payments Task Force List
Ripple appeared on the July 8, 2024 roster through payment operations director Rene Huijsen, but neither appears on the task force’s current composition.
Bitwise’s NEAR ETF Comes With a 2030 Price Target. The Max Case Is Eye-Watering
Bitwise has opened the first US spot exchange-traded fund (ETF) for NEAR Protocol (NEAR). The fund began trading on NYSE Arca on Tuesday under the ticker NRR. The product’s debut comes amid a time when NEAR nearly tripled in value. The Rally Ran Ahead of the Opening Bell NEAR trades at $5.04, according to BeInCrypto […]
DeepSeek and Huawei Expand Ascend Support Across AI Software Stack
New open-source tools cover operator development, matrix computation, cross-chip communication, Attention and data selection as the companies reduce reliance on Nvidia’s CUDA ecosystem.