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Solana leans into tokenization and payments at Hong Kong’s Accelerate APAC event
Yahoo Finance· 2026-02-12 10:41
Core Perspective - Solana aims to establish itself as the execution layer for "internet capital markets" in Asia, facilitating online asset issuance, trading, borrowing, lending, and settlement without traditional financial intermediaries [1] Group 1: Event Insights - The Solana Accelerate APAC event in Hong Kong featured a focus on institutional themes, emphasizing payments, tokenization, and the necessary infrastructure for integrating traditional finance [2] - Discussions included topics such as SOL staking ETFs, digital asset trusts, stablecoin infrastructure, tokenized securities, and regulated exchange-traded products [2][3] Group 2: Industry Collaboration - Asset managers like Mirae Asset and ChinaAMC participated alongside infrastructure firms such as CME Group and Fireblocks, indicating a strong interest from traditional financial institutions in the blockchain ecosystem [3] - Payment systems were a significant focus, with sessions dedicated to compliant stablecoin infrastructure and cross-border applications, highlighting a shift towards real-world adoption rather than speculative trading [3] Group 3: Infrastructure and AI - The event showcased the intersection of blockchain settlement layers and AI applications, reinforcing Solana's emphasis on speed and scalability [4] - The overall sentiment was one of resilience and commitment to building infrastructure despite market downturns, with a focus on practical solutions [5][6] Group 4: Practical Challenges - Key discussions revolved around the scalability of stablecoins, compliance for institutional onboarding, and the metrics that matter for selling on-chain solutions to asset managers and banks [6] - The event highlighted the need for user-friendly wallets and robust tokenization infrastructure that can withstand regulatory scrutiny [6] Group 5: Market Sentiment - The prevailing attitude was that while Solana is not immune to market cycles, the builders on the platform are focused on what truly matters, regardless of market conditions [7]
AIxC and BitMart Advance Co-Branded Virtual Card Partnership
Prnewswire· 2026-02-12 10:24
Core Insights - AIxCrypto Inc. has announced a strategic partnership with BitMart to launch a co-branded virtual prepaid card aimed at enhancing everyday digital payments and online spending for users in the digital asset ecosystem [1] Company Overview - AIxCrypto is a U.S.-Nasdaq listed company focused on integrating AI and blockchain technologies while bridging Web2 and Web3 [1] - The company's core products include the BesTrade DeAI Agent and various ecosystem products [1] Partnership Details - The co-branded virtual prepaid card will be available to eligible users and is designed to integrate with major digital wallet ecosystems [1] - BitMart will be the exclusive operator of the card program, handling card issuance, user onboarding, compliance, customer support, and payment infrastructure [1] - The partnership emphasizes practical utility, scalability, and regulatory clarity while maintaining a separation between AIxC's ecosystem role and BitMart's regulated operations [1]
‘Ripple’s Existence Is About Driving XRP Success,’ Says Brad Garlinghouse, Claims There Will Be A ‘Trillion Dollar Crypto Firm’
Yahoo Finance· 2026-02-12 10:02
Core Insights - Ripple's CEO Brad Garlinghouse stated that the company's primary purpose is to drive success around XRP and its ecosystem, predicting the emergence of a trillion-dollar crypto company [1][3] - Garlinghouse emphasized that XRP is central to Ripple's strategy, linking it to the firm's product roadmap and aiming to enhance its utility for institutional use [1][3][4] Company Strategy - Ripple plans to continue developing financial infrastructure products that integrate XRP and the XRP Ledger into its services, positioning itself as a platform company for financial infrastructure [3][6] - The company aims to expand the real-world usage and liquidity of XRP among its customer base, reinforcing its commitment to the XRP ecosystem [3][4] Market Reactions - Garlinghouse's comments received mixed reactions from XRP holders and traders, with some expressing skepticism about whether Ripple's growth would lead to price increases for XRP [2][5] - Critics highlighted concerns that despite Ripple's ambitions, XRP may not benefit in value, questioning the correlation between Ripple's potential success and XRP's market performance [5][7]
Bitcoin and Crypto Markets Brace for Impact From Fresh US Inflation Data
Yahoo Finance· 2026-02-12 09:26
Core Insights - Bitcoin and the broader crypto market are preparing for potential volatility due to the delayed US inflation data, with the Consumer Price Index (CPI) report set to be released this week [1][2] - The recent stronger-than-expected jobs report has shifted expectations for Federal Reserve rate cuts, reinforcing a "higher-for-longer" interest-rate outlook [2] - The nomination of Kevin Warsh, a pro-Bitcoin advocate, as the new Federal Reserve Chair could lead to long-term changes in monetary policy affecting Bitcoin's market trajectory [3] Market Reactions - If the upcoming CPI data exceeds 2.5%, Bitcoin may break below the critical psychological support level of $60,000, where institutional buy orders are concentrated [4] - Conversely, a lower-than-expected inflation reading could push Bitcoin back towards the resistance level of $74,400 [4] - Current data indicates a nearly 95% probability that the Federal Reserve will maintain interest rates at 3.50%-3.75% in the near term [5] Economic Context - The ongoing "crypto winter" that began in January 2025 shows signs of recovery, but immediate price movements are closely tied to the forthcoming inflation data [6]
Trump-linked World Liberty Financial to launch forex remittance platform
Yahoo Finance· 2026-02-12 09:25
By Selena Li HONG KONG, Feb 12 (Reuters) - World Liberty Financial, a crypto venture backed by the family of U.S. President Donald Trump, said on Thursday it plans to roll out a new foreign exchange and remittance platform, offering simplified services with lower fees. The firm will launch the platform, World Swap, soon, Zak Folkman, co-founder of World Liberty told the audience of the Web 3 event Consensus in Hong Kong. "There's over $7 trillion of money moving around the world from currency to ...
Coinbase launches AI agent wallets for autonomous blockchain transactions
Invezz· 2026-02-12 09:20
Coinbase has introduced Agentic Wallets, a new type of crypto wallet built specifically for artificial intelligence agents. The announcement was published on the company's Developer Platform blog this... ...
A Crypto Lender Has Halted Withdrawals: Is This Another FTX Moment?
Yahoo Finance· 2026-02-12 09:04
Core Viewpoint - BlockFills, a Chicago-based crypto lender and liquidity provider, has temporarily halted client deposits and withdrawals due to notable volatility in the crypto market, with asset prices trending lower [1][3]. Company Summary - BlockFills operates as a cryptocurrency solutions firm and digital asset liquidity provider, serving approximately 2,000 institutional clients, including crypto-focused hedge funds and asset managers. In 2025, the firm handled $60 billion in trading volume [2]. - The suspension of deposits and withdrawals was implemented last week and remains in effect, aimed at protecting both clients and the firm amid recent market and financial conditions [3][4]. - Despite the suspension, clients can still trade on the platform, opening and closing positions in spot and derivatives markets [3]. Industry Context - Withdrawal freezes in the crypto industry often raise concerns, as seen during the last severe downturn in 2022 when several high-profile lenders halted withdrawals before filing for bankruptcy [5]. - A table detailing the withdrawal pauses and subsequent bankruptcy filings of various crypto firms illustrates the interconnectedness of these events, leading to market destabilization [6]. - Temporary suspensions can serve as defensive measures during intense market stress, and there is currently no evidence suggesting that BlockFills is insolvent. The suspension coincides with warnings of a renewed "crypto winter," as the total cryptocurrency market capitalization has declined by over 22% since the start of the year [7].
X @BSCN
BSCN· 2026-02-12 08:40
🚨BREAKING: BRIAN ARMSTRONG DUMPS $550M IN COINBASE STOCK@vaneck_us research head, @matthew_sigel, reports @Coinbase CEO @brian_armstrong sold over 1.5M shares between April 2025 and January 2026.The largest transaction came on June 25, 2025.He sold 336,265 shares at $355.37 per share.Total estimated value of sales stands near $550 million. ...
Bitcoin’s ‘True Value’ Is $0, Says Under Fire Financial Times Columnist, Claims Altcoins Destroy Its Scarcity
Yahoo Finance· 2026-02-12 08:09
Key Takeaways Bitcoin’s “zero dollar theory” debate has intensified. Industry has pushed the AI adoption thesis. Institutional exposure continues to rise. Financial Times columnist Jemima Kelly has come under fire after arguing that Bitcoin (BTC) has no inherent value, joining a growing chorus of analysts advancing the so-called “zero dollar theory.” Kelly’s remarks, expanded on in a recent CNBC appearance, have prompted intense pushback from Bitcoin advocates and market commentators. The dispu ...
OKX Ventures backs STBL in partnership with Hamilton Lane and Securitize
Yahoo Finance· 2026-02-12 07:45
Core Insights - OKX Ventures has made a strategic investment in STBL, a next-generation stablecoin and yield infrastructure provider, co-founded by Reeve Collins and Avtar Sehra [1] - STBL has announced a partnership with Hamilton Lane and Securitize to develop a stablecoin backed by real-world assets on OKX's Ethereum-compatible layer-2 blockchain X Layer [2] Group 1: Investment and Partnerships - The investment by OKX Ventures aims to enhance the development of a stablecoin that utilizes real-world assets [1] - STBL's partnership with Hamilton Lane involves a feeder fund to Hamilton Lane's Senior Credit Opportunities Fund, which will be tokenized via Securitize [2] Group 2: Tokenization and Utility - Avtar Sehra emphasized that RWA markets are evolving, and tokenization must provide real utility rather than mere representation [3] - The collaboration between STBL and Securitize highlights how tokenization can enhance asset utility when combined with regulated issuance and programmable settlement [3] Group 3: Functional Applications - Securitize CEO Carlos Domingo stated that embedding institutional private credit into on-chain money flows transforms tokenized assets into functional building blocks for various financial applications [4]