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Pi Coin’s price continues to slide as questions arise over the real number of active nodes on Pi Network, with concerns of speculative risks echoing past token collapses.
Long-Termism of Next-Gen Mining Hardware Brands
Despite growing chatter around a $5K target, Ethereum’s on-chain signals, from dev activity to Smart Money volume; suggest the price may not be ready just yet.
Hong Kong will introduce its new Stablecoin Ordinance in August, limiting full licenses for fiat-referenced stablecoin issuers to fewer than 10. Over 40 companies, including major Chinese financial groups and tech giants, are competing for these exclusive positions. The upcoming regulations follow the recent passage of key legislation. This change gives the Hong Kong Monetary … <a href="https://beincrypto.com/hong-kong-stablecoin-license-limit/">Continued</a>
- 06:02Privy now supports Base sub-accounts, allowing users to create app-specific wallets and streamline transaction processesAccording to Jinse Finance, privacy wallet infrastructure platform Privy has announced that Base sub-accounts can now be accessed through its embedded wallet. This means users can create application-specific wallets under their Base account, eliminating the need to enter a password for each signature. Each application will have a separate transaction history, optional spending permissions, and the ability to use funds from the main wallet.
- 05:52Bitget On-Chain Trading Launches Tokens Such as ZEUS, BONKPUTER, and BSTRAccording to official reports cited by ChainCatcher, Bitget Onchain has listed the MEME tokens ZEUS, BONKPUTER, BSTR, Bubble, JUGS, COMET, and AiMau from the Solana and BNB Smart Chain ecosystems. Users can start trading directly in the Onchain trading section.
- 04:56ATA Creativity Global Acquired by Baby BTC Strategic Capital for $100 Million, Transforming into a BTCFi Listing PlatformAccording to ChainCatcher, Nasdaq-listed company ATA Creativity Global (Nasdaq: AACG) has announced, as per official reports, that it has signed an agreement with Baby BTC Strategic Capital, led by the Babylon Foundation as LP. Under this agreement, Baby BTC Strategic Capital will acquire a controlling stake in ATA for a total of $100 million, including $30 million in new shares and $70 million in warrants, and will restructure the board of directors. It is reported that ATA will transform into the world’s first listed platform focused on the BTCFi ecosystem, engaging in deep collaboration with the Babylon project (which currently has 45,000 BTC staked). The company will also make large-scale acquisitions of Baby tokens, benchmarking against Baby’s circulating market cap of over $100 million, and will establish a dual-track model of “BTCFi infrastructure + Baby token reserves” to bridge the compliance gap between crypto and traditional finance.