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Hang Feng Capital Shines at Hong Kong FinTech Week 2025 with Stablecoin Payments and Digital Asset Management Innovations
Prnewswire· 2025-11-04 09:37
Core Insights - The "Hong Kong FinTech Week 2025" showcased over 700 exhibitors and 37,000 attendees, highlighting the growing interest in financial technology [1] - Fopay and Hang Feng Technology Innovation presented their strategic expansion in digital finance, focusing on cross-border payments and on-chain asset management [1][8] Group 1: Fopay's Cross-Border Payment Solutions - Fopay attracted significant attention with its stablecoin custodial services and immersive cross-border remittance experience zone, leading to long queues at its booth [3][5] - The platform launched a high-speed cross-border remittance feature, allowing attendees to experience instant fund transfers [3] - Fopay's localized stablecoin QR payment functionality was piloted in Brazil, enhancing the payment experience for users [4] Group 2: Hang Feng Technology Innovation's Asset Management Solutions - Hang Feng Technology Innovation focused on "Real Assets, Reimagined Wealth," targeting institutional investors with its on-chain asset management solutions [6][7] - The CEO emphasized the integration of traditional asset allocation models with blockchain technology, aiming for compliant and transparent fund solutions [7] - Plans for a next-generation digital asset infrastructure were revealed, which will be AI-enhanced and interconnected [7] Group 3: Synergy Between Fopay and Hang Feng Technology - The collaboration between Fopay and Hang Feng Technology Innovation represents a "Payments + Asset Management" dual-engine model [8] - This synergy aims to create a compliant, low-friction stablecoin payment network alongside efficient on-chain asset management solutions [8][9] - The initiative serves as a reference for integrating Web3 technologies with traditional economic systems, showcasing the commitment to digital finance innovation [9]
Here's Michael Saylor's Year End Bitcoin Price Target
Yahoo Finance· 2025-11-03 15:16
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin would reach $150,000 by year end, according to Strategy (NASDAQ:MSTR) Chair Michael Saylor. “Our expectation right now is end of the year, it [Bitcoin] should be about $150,000,” Saylor told CNBC on Monday on the sidelines of the Money 20/20 conference in Las Vegas. He added that he expected the leading digital asset to “grind up” to $1 million in the next four to eight years and eventually $20 mil ...
Tharimmune, Inc. Announces Private Placement of Approximately $540 Million Led by DRW and Liberty City Ventures to Establish Canton Coin Treasury Strategy
Prnewswire· 2025-11-03 14:04
Core Viewpoint - Tharimmune, Inc. has announced a private placement offering to raise approximately $540 million through the sale of common stock at a price of $3.075 per share, aimed at acquiring Canton Coin and supporting its digital asset treasury strategy [1][3][4]. Group 1: Offering Details - The private placement is expected to close around November 6, 2025, pending customary closing conditions [3]. - The offering involves participation from notable investors including ARK Invest, Bitwave, and the Canton Foundation, which oversees the Canton Network [2][6]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to acquire Canton Coin, a utility token for the Canton Network, and for general corporate purposes [3][4]. - Tharimmune plans to operate as a Super Validator on the Canton Network to generate additional CC tokens [3][4]. Group 3: Strategic Vision - Tharimmune believes that the Canton Network's blockchain technology is transforming financial infrastructure by enhancing programmability, privacy, and interoperability [4][5]. - The company aims to implement a diverse strategy that includes CC acquisition and the development of applications on the Canton Network to drive institutional utility and scalability [4][5]. Group 4: Management and Leadership - Mark Wendland has been appointed as CEO to oversee the digital asset treasury strategy, while Mark Toomey will serve as President [8]. - Both leaders bring extensive experience in operational leadership and global financial markets [8][9]. Group 5: Market Context - The Canton Network is noted for its ability to connect trusted institutions on a secure blockchain, with significant assets and support from major financial players [5]. - As of September 30, 2025, the Canton Network recorded over 500,000 daily transactions, showcasing its scalability [9].
BTCS to Participate in Upcoming November Conferences
Globenewswire· 2025-11-03 13:30
Core Insights - BTCS Inc. is a blockchain technology-focused company that will participate in several investor conferences in November 2025 [1][2][3] - The company employs a strategy called the DeFi/TradFi Accretion Flywheel, which integrates decentralized finance and traditional finance mechanisms to drive revenue and Ethereum (ETH) accumulation [4] Conference Participation - Blockchain Futurist: November 5-6, 2025, Miami, FL [2] - Cantor Crypto Conference: November 10-12, 2025, Miami, FL [2] - The Premier On-Chain Yield & Staking Conference: November 15-16, 2025, Buenos Aires, Argentina [2] - EthStaker's Staking Gathering: November 18, 2025, Buenos Aires, Argentina [2] - Clear Street Disruptive Technology Conference: November 19-20, 2025, Palm Beach, FL [3] - Devconnect ARG: November 17-22, 2025, Buenos Aires, Argentina [3] Company Overview - BTCS is an Ethereum-first blockchain technology company focused on scalable revenue generation and ETH accumulation [4] - The company combines NodeOps (staking) and Builder+ (block building) within its blockchain infrastructure operations [4] - BTCS aims to provide leveraged exposure to Ethereum through public markets, emphasizing a yield-focused ETH accumulation strategy [4]
X @Wu Blockchain
Wu Blockchain· 2025-11-03 12:04
October Blockchain Technology Update: BIP-444 Controversy, Fusaka Testnet Completed, BNB Chain Scalable DB Launch, Ethereum Privacy Cluster Expansion, ZKSync “Atlas” Upgrade, Solana Efficient Token Program, and Kadena Ceases Operations https://t.co/8B5NqE5MQp https://t.co/PuwuzsB4y3 ...
Cango Inc. Announces October 2025 Bitcoin Production and Mining Operations Update
Prnewswire· 2025-11-03 10:00
Core Insights - Cango Inc. reported a decrease in Bitcoin production for October 2025, producing 602.6 Bitcoin compared to 616.6 Bitcoin in September 2025, with an average daily production of 19.44 Bitcoin down from 20.55 Bitcoin [2] - The company’s total Bitcoin holdings increased to 6,412.6 Bitcoin by the end of October, up from 5,810.0 Bitcoin in September [2] - Cango maintained a deployed hashrate of 50 EH/s and improved its average operating hashrate to 46.09 EH/s from 44.85 EH/s in the previous month [2] Company Operations - Cango Inc. is focused on Bitcoin mining, with operations across North America, the Middle East, South America, and East Africa, having entered the crypto asset space in November 2024 [5] - The company is also involved in an online international used car export business through AutoCango.com, enhancing access to high-quality vehicle inventory from China [5] Strategic Developments - The CEO of Cango highlighted the operational maturity achieved, with Bitcoin holdings surpassing 6,400 BTC and an average operating hashrate exceeding 90% [4] - Cango announced the termination of its ADR program and plans for a direct listing of its ordinary shares on the NYSE, expected to be completed in November [4]
X @BNB Chain
BNB Chain· 2025-11-03 00:00
Which sector on BNB Chain would you like to learn more about?Comment for others 👇 ...