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HSBC names RedCoin as its planned Hong Kong dollar stablecoin
HSBC has named its planned Hong Kong dollar stablecoin RedCoin. The bank plans a launch in Hong Kong, with payments in focus.
- HSBC named RedCoin as the official name of its planned Hong Kong dollar stablecoin.
- 74% of surveyed customers recognized at least one stablecoin use case.
- 60% correctly identified stablecoins as fiat-backed digital assets, 26% said they were government-issued.
Abracadabra proposes winding down MIM at about four cents per token
Binance moves crypto out of Funding Accounts into Spot Accounts
Evernorth XRP treasury merger heads toward Nasdaq listing under XRPN
Google, OpenAI and Anthropic pursue AI safety standards
Google, OpenAI and Anthropic are involved in efforts to set AI safety standards.
Alleged North Korean hackers moved Bitget breach funds into Zcash pool
Alleged North Korean hackers moved part of the $387.5 million Bitget breach into Zcash's Ironwood shielded pool. About 2,700 ZEC entered the pool. The wallets are linked to the exchange hack.
Michael Saylor says Strategy and Strive can grow together
Michael Saylor said Strategy and Strive can compete for investor capital while helping expand Bitcoin-backed preferred securities.
Cardano Foundation expands blockchain partnerships with UCLA and Petrobras
The Cardano Foundation announced a multi-year partnership with the Venture Accelerator at UCLA Anderson School of Management, covering blockchain coursework, five startup fellowships and sponsorship of the 2027 Draper Innovation Showcase.
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