Core Insights - Coinbase has partnered with Chainlink to utilize its Cross-Chain Interoperability Protocol (CCIP) for bridging Coinbase Wrapped Assets, facilitating cross-chain transfers and expansion [2][3] - The aggregate market cap of the assets involved, including cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and cbXRP, is approximately $7 billion [2] - Chainlink's infrastructure secures over 70% of decentralized finance (DeFi) globally and has enabled more than $27 trillion in transaction volume, providing a robust foundation for Coinbase's asset connectivity [3] Company Developments - Coinbase's senior director for product management emphasized Chainlink's leadership in cross-chain connectivity as a reason for the partnership, highlighting the reliability of their infrastructure [4] - Chainlink's head of strategic initiatives expressed enthusiasm for accelerating the growth of Coinbase's wrapped assets and enhancing global finance integration [4] - Coinbase's CEO mentioned ongoing collaborations with major U.S. banks to pilot stablecoins, crypto custody, and trading, indicating a strategic move towards traditional finance integration [5] Industry Trends - There is a growing interest among banks in blockchain technology, which could lead to reduced manual reconciliations, shorter settlement times, and programmable money [6] - The potential benefits for treasury and operations leaders include improved liquidity management and engagement with underbanked regions, while risk and compliance teams could gain enhanced traceability [7]

biggest western bank on earth using solana for important transactionsso what happened to all the derplets saying institutions would never use the manlet chain?trillions https://t.co/hkPsZBypTm ...

General Observation - The document mentions "Faster" and includes a URL, suggesting a focus on speed or acceleration, potentially in a technological or performance context [1] Potential Implications - The industry may be emphasizing efficiency improvements or technological advancements [1]

Strategic Expansion - Avalanche Foundation establishes a DLT Foundation in Abu Dhabi Global Market (ADGM) to support its growing presence in the Middle East [1] - The initiative aims to foster closer collaboration on regional partnerships, programs, and ecosystem development [1] Regulatory Compliance - ADGM's DLT Foundations Regulations provide a clear and secure regulatory framework [2] - This aligns with Avalanche's commitment to clarity, transparency, and strong governance in supporting global innovation [2] Regional Engagement - Avalanche anticipates deepening its engagement across the Middle East [3] - The focus is on supporting builders, institutions, and partners throughout the region [3]

Blockchain technology company BTSE has launched the first staking interest campaign for Stable (STABLE), now open for subscription. Users can participate by depositing or purchasing STABLE. The campaign includes 3 prize pools, with the subscription deadline set for December 18, 10:00 (UTC+8). Stable is a L1 blockchain focused on stablecoin payments, based on USDT.This post is sponsored by BTSE. https://t.co/ctGS1b8vxH ...

Core Insights - OBOOK Holdings Inc. (OwlTing) is launching OwlPay Cash, a mobile-first remittance app developed in collaboration with Visa, aimed at facilitating payments abroad in local currencies to eligible bank accounts in 26 key regions worldwide [2][3][5] - The app leverages Visa Direct, connecting to over 11 billion endpoints globally, which helps reduce hidden fees and provides greater transparency on foreign exchange rates [3][4] - OwlPay Cash is designed to significantly lower costs, offering transfers up to 70% cheaper than traditional SWIFT options, with no monthly fees [5][8] Company Overview - OBOOK Holdings Inc. operates as the OwlTing Group, a blockchain technology company headquartered in Taiwan, with subsidiaries in multiple countries including the U.S., Japan, and Singapore [6] - The company focuses on a diversified ecosystem across payments, hospitality, and e-commerce, and was ranked among the top 2 global players in the "Enterprise & B2B" category for stablecoins in 2025 [6] - The mission of the company is to utilize blockchain technology for reliable data management and to transform global fund flows for businesses and consumers [6] Market Context - Global remittances are projected to reach $905 billion in 2024, with $230 billion expected to flow from the U.S. alone, highlighting the significant demand for cost-effective remittance solutions [4][11] - The U.S. has nearly 48 million immigrants, many of whom rely on remittances for essential expenses such as housing and education [4][11] - Current cross-border transfer fees average around 6.6%, which is above the UN's target of 3% set in the Sustainable Development Goals [4][12]

WAYNE, Pa., Dec. 08, 2025 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, short for Blockchain Technology Consensus Solutions, today announced that it will host a virtual fireside chat on Tuesday, December 16, 2025, at 11:00 a.m. ET. Charles Allen, CEO of BTCS, will provide an update on the Company’s recent progress following the release of its Q3 2025 earnings. Mr. Allen plans to highlight BTCS’s Ethereum-first growth strategy, including the ...

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Core Insights - Cango Inc. reported a decrease in Bitcoin production for November 2025 compared to October 2025, producing 546.7 BTC down from 602.6 BTC [2] - The company holds a total of 6,959.3 BTC as of the end of November, an increase from 6,412.6 BTC in October [2] - Cango's deployed hashrate remained stable at 50 EH/s, while the average operating hashrate decreased to 44.38 EH/s from 46.09 EH/s [2] Production Metrics - Number of Bitcoin produced in November 2025: 546.7 BTC, down from 602.6 BTC in October 2025 [2] - Average number of Bitcoin produced per day in November 2025: 18.22 BTC, compared to 19.44 BTC in October 2025 [2] - Total number of Bitcoin held at the end of November 2025: 6,959.3 BTC, up from 6,412.6 BTC at the end of October 2025 [2] Operational Highlights - Deployed hashrate for November 2025: 50 EH/s, unchanged from October 2025 [2] - Average operating hashrate for November 2025: 44.38 EH/s, down from 46.09 EH/s in October 2025 [2] - The company has optimized operations to achieve average operating hashrate levels of around 90% [4] Strategic Developments - November 2025 marked the one-year milestone of Cango's strategic transformation, highlighting progress and direction [4] - The company completed its transition to the New York Stock Exchange, enhancing visibility and alignment in the U.S. market [4] - Cango aims to evolve from a leading Bitcoin miner into a global, distributed AI compute network powered by green energy [4] Company Overview - Cango Inc. is primarily engaged in Bitcoin mining, with operations across North America, the Middle East, South America, and East Africa [5] - The company entered the crypto asset space in November 2024, driven by advancements in blockchain technology and the growing adoption of digital assets [5] - Cango also operates an online international used car export business through AutoCango.com [5]