nio

According to PR Newswire, Hut 8's wholly-owned subsidiary Beacon Point DC LLC has completed the pricing of $4.25 billion in senior secured notes, with a coupon rate of 6.129%, maturing in 2042, and is expected to close on June 9, 2026.The funds raised will be used to build a data center on approximately 521 acres of land in Nueces County, Texas, which will include six data halls with a total critical IT capacity of 352 megawatts, and will be leased to a tenant with a credit rating of no less than AA-. These notes do not constitute recourse to Hut 8's parent company.

According to Bloomberg, Bank of America (BofA) has appointed its senior trading executive Adam Dixon to lead the bank's digital asset strategy. According to an internal memo, Dixon has been with the bank for over 20 years, previously serving as the head of global market financial resource management, and is now appointed as the global head of digital asset transformation, based in the London office, responsible for coordinating related initiatives across the company.In his new role, Dixon will help oversee several enterprise-level initiatives, including tokenized assets.

According to hket, Hong Kong's Acting Secretary for Financial Services and the Treasury, Chen Haolian, stated that the authorities will submit legislative proposals to the Legislative Council within the year regarding the provision of virtual asset services and management, promoting the establishment of a comprehensive regulatory system covering trading, custody, advisory, and asset management, and implementing a mandatory licensing arrangement.The new framework will be advanced according to the principle of "same business, same risk, same rules," aligning with the current regulated activities under the Securities and Futures Ordinance, and will focus on strengthening private key management and client asset security requirements in virtual asset custody.The Hong Kong Securities and Futures Commission stated that the current applications for licenses related to virtual assets continue to increase, but licensing will adhere to the principle of "quality over quantity," balancing market capacity and quality.

The approval voting rate for the preliminary agreement on wages and collective bargaining for 2026 by the largest union of Samsung Group has sharply increased. As a result, expectations for the approval of the agreement are rising. However, due to the significant bonus gap between the semiconductor sector and the equipment experience sector, as well as between the memory and non-memory sectors, discussions about fairness are expected to continue.According to the union, as of 8:29 AM local time on the 25th (7:29 AM Beijing time), out of 57,291 eligible voters, 49,363 have voted on the approval of the preliminary agreement on wages and collective bargaining, resulting in a voting rate of 86.16%. This vote is the final step in determining whether to accept the preliminary agreement reached by both labor and management regarding wages and collective bargaining. The core of the agreement is to allocate 10.5% of the operating performance of the DS department as a special management performance bonus fund, to be paid in the form of treasury stock.Industry insiders believe that members of the DS department, who account for about 80% of all union members, are likely to push the agreement through. As long as a majority of eligible voters participate and a majority of those who vote are in favor, the vote will be finalized. Voting will end at 10 AM on the 27th.

According to The Block, large trading firm IG Europe has partnered with Bitpanda to expand its digital asset business in the European Union. IG Europe has taken several measures in recent months to grow its cryptocurrency business, including acquiring the Australian cryptocurrency exchange Independent Reserve and obtaining a MiCA license, allowing it to offer cryptocurrency products and services across the EU.IG also sold its futures trading platform Small Exchange Inc, which it acquired in 2023, to Kraken. IG Europe GmbH is the European subsidiary of the large online trading company IG Group, headquartered in the UK, and is regulated by the Federal Financial Supervisory Authority (BaFin) in Germany. Bitpanda, founded in 2014, is one of the cryptocurrency exchanges in Europe, and the company is considering going public this year.

Bloomberg senior ETF analyst Eric Balchunas stated that the chairman of the U.S. Securities and Exchange Commission (SEC) is seeking public opinion on "prediction market ETFs." The regulator is clearly still weighing this new type of product and hopes to gain more time and feedback. Such products are essentially brand new (somewhat similar to crypto assets), and the regulator needs to ensure a thorough understanding of the risks and mechanisms before "opening the floodgates" to establish sufficient confidence.

According to The Block, the European Union has officially launched a public assessment and consultation on the Markets in Crypto-Assets Regulation (MiCA), evaluating the framework's applicability in the context of the rapid evolution of digital assets, and is open for industry and public feedback until August 31.This assessment covers the core regulatory framework of MiCA, including key regulatory areas such as crypto asset issuance, asset-referenced tokens (ART), electronic money tokens (EMT), and crypto asset service providers (CASP). The EU's consultation is divided into two paths: an open call for public opinions and a technical consultation aimed at financial institutions, regulators, and industry organizations.The European Commission stated that this move is driven by the ongoing evolution of the global digital asset market and the competitive pressure brought about by the rapid advancement of crypto regulation in the U.S. and Asia. Meanwhile, the transitional period for MiCA will end in July 2026, at which point crypto companies will need to obtain full compliance authorization.Recently, Zerohash has become the first company to simultaneously obtain both the MiCA CASP license and the Dutch electronic money institution license, and Poland has just passed its local MiCA implementation bill. The head of Coinbase's European policy stated that MiCA has established early global standards but should undergo "targeted optimization" to balance regulatory safety and international competitiveness.The European Commission also supports centralizing the regulatory authority over large cross-border crypto institutions to ESMA to strengthen the unified regulatory framework.

Minnesota Governor Tim Walz has officially signed HF 3709, a bill that allows banks and credit unions in the state to offer cryptocurrency custody services. The bill will take effect on August 1, 2026. According to the bill's requirements, financial institutions must develop written policies covering risk management, internal controls, and security measures, and submit written notice to the state commissioner of commerce at least 60 days before providing custody services. The bill specifically emphasizes that customer assets must be strictly segregated from the institution's own assets.One of the main authors of the bill, Representative Bernie Perryman, stated that this move aims to allow local financial institutions to "grow alongside their customers," preventing residents from being forced to rely on unregulated out-of-state or offshore providers. The Minnesota Credit Union Network stated that this legislation provides residents with a "safer way to manage crypto assets" and strengthens protections against risks such as fraud and hacking through regulation. With this, Minnesota becomes another state, following New York, Wyoming, and Virginia, that allows banks to offer crypto custody services.Meanwhile, earlier this month, the state also enacted another bill (SF 3868) that bans cryptocurrency ATMs. Starting August 1, the state cannot install new cryptocurrency ATMs, and existing machines must be removed by December 31. As a result, Bitcoin ATM operator Bitcoin Depot has filed for Chapter 11 bankruptcy protection and initiated business liquidation this Monday.

According to the Korea Herald, a South Korean court partially approved Samsung Electronics' request for an injunction against the union's planned strike. Samsung turned from a decline to an increase, and the South Korean KOSPI index turned positive, reversing a previous decline of 4.68%.

According to an official announcement, the National Credit Union Administration (NCUA) has released a proposed rule outlining the operational and risk management standards for stablecoin issuers permitted under the GENIUS Act. NCUA Chairman Kyle Hauptman stated that the proposed rule aims to ensure that credit unions are not at a disadvantage in terms of standards and aligns with the proposed standards for bank subsidiaries. The proposed rule has been published in the Federal Register, and the comment period will close on July 17, 2026.

B.AI announced full access to China's mainstream payment systems, with WeChat Pay, Alipay, and UnionPay now open to users. Starting today, users can complete the entire process of account recharge, subscribing to AI services, and accessing top AI models and Agent services in a familiar payment environment. This payment upgrade lowers the usage threshold, allowing individual developers and enterprise clients to more conveniently experience cutting-edge AI capabilities, making the entire usage process smoother, more natural, and localized. B.AI will continue to optimize the product experience in the future, committed to integrating smarter and more efficient artificial intelligence services into everyone's daily work and life.

According to GlobeNewsWire, Bitcoin mining company IREN Limited announced the completion of a $3 billion convertible senior notes offering, with a coupon rate of 1% and maturing in 2033. This offering includes $2.6 billion in initial issuance and $400 million in overallotment options. The net proceeds are approximately $2.96 billion, of which about $201.3 million will be used to pay for capped call option transaction costs, with the remainder used for general corporate purposes and working capital.

According to the official announcement, Bitget's stock contracts are now online for DRAM (Roundhill Memory ETF), AXTI (AXT Inc), LWLG (Lightwave Logic), KOPN (Kopin Corporation), NIO (NIO), and USAR (USA Rare Earth), covering popular sectors such as storage, optical communication, and rare earth resources. The above contracts support a maximum leverage of 20 times; for more details, please refer to the Bitget official platform.

According to GlobeNewswire, IREN announced plans to issue $2 billion of convertible senior notes due in 2033, and grant initial purchasers an additional option to purchase up to $300 million. The notes are unsecured senior debt, expected to mature in December 2033, with proceeds partially used for capped call hedging transactions and the remainder for general corporate purposes and working capital.At the same time, IREN also plans to simultaneously unwind part of the capped call hedging positions related to the convertible bonds maturing in 2029 and 2030. The company stated that hedging institutions may engage in derivative and spot trading around IREN stock, which could affect the stock price and the initial conversion price of the new notes.Previously, IREN has become one of the most aggressive companies in the U.S. stock market in expanding AI data center and Bitcoin mining infrastructure, and this large-scale financing may further enhance its capital expenditure and expansion capabilities.

According to CriptoNoticias, after Western Union launched the official stablecoin U.S. Dollar Payment Token (USDPT) on Solana, at least 24 counterfeit USDPT tokens have appeared on the Solana network.DEXTools data shows that some of these counterfeit tokens were created on platforms like Pump.fun and Raydium, with some created just an hour ago, while others were generated as early as 6 months ago. DEXTools data indicates that one of the counterfeit tokens has seen its price increase by about 100% in the past 24 hours. Such counterfeit tokens carry the risk of a "Rug Pull," leading to a rapid drop in token prices, putting investors at risk of losing their entire principal.

According to GlobeNewswire, Bitcoin mining hosting and cloud services company Applied Digital announced that it has secured a $300 million senior secured bridge loan led by Goldman Sachs to advance its AI data center project construction.This financing is secured by project assets, can be repaid early without penalty, and will seek additional long-term financing in the future to support the development and construction of the AI data center.

According to businesswire, cross-border remittance giant Western Union announced the launch of the USD stablecoin USDPT on the Solana blockchain. USDPT is issued by Anchorage Digital Bank and is fully backed 1:1 by the US dollar, while being built on top of Solana.It is reported that USDPT will be directly integrated into its global payment system to create a more efficient settlement layer, serving agents, partners, and future consumer application scenarios, aiming to provide on-chain settlement layer capabilities for cross-border payments, combining blockchain settlement efficiency with Western Union's global compliance and distribution network.

According to Jinshi reports, U.S. stocks of Chinese concept stocks rose broadly before the market opened, with NIO (NIO.N) up 3%, Alibaba (BABA.N) up 2%, and Li Auto (LI.O) up 1%.

According to FinanceFeeds, Alex Thorn, the research director of Galaxy Digital, stated that as advancements in quantum computing hardware accelerate, the Bitcoin community is shifting from decentralized debates to forming a preliminary consensus on quantum threats. The core direction is to gradually introduce post-quantum cryptography (PQC) through soft forks, achieving an upgrade of the address system and long-term security assurance.The report points out that the current Bitcoin signature mechanism, which uses the Elliptic Curve Digital Signature Algorithm, can theoretically be cracked by Shor's algorithm. Approximately 2 million BTC from early p2pkh addresses are at risk because their public keys have been exposed, facing the potential risk of "collecting first and decrypting later." The community tends to promote a "migration window" mechanism to guide users in transferring their assets to new quantum-resistant addresses, and after a multi-year grace period, to implement freezing or destruction of untransferred assets to prevent large-scale market impacts in extreme situations. Additionally, the consensus includes enhancing "cryptographic agility," which allows protocols to switch signature algorithms without interrupting the network.The current proposal leans towards a dual-signature mechanism that uses ECDSA and PQC (such as Dilithium) in parallel, ensuring security redundancy while facilitating a smooth transition. Analysts believe that this approach transforms the quantum threat from a "black swan event" into a manageable technological upgrade, helping to solidify Bitcoin's security foundation as a long-term store of value asset.