OKX and HashKey invest in new Vietnam exchange ahead of crypto licensing push

OKX Ventures and HashKey Capital are backing a new Vietnam-based crypto exchange as Hanoi accelerates efforts to bring one of the world’s most active retail crypto markets under formal regulation. Vietnam Prosperity Crypto Asset Exchange (CAEX) said Friday that the two firms have agreed to invest and become strategic partners alongside founding shareholders VPBank Securities…

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Stablecoins could surge toward $719 trillion as crypto adoption accelerates

Stablecoins are on track to become a foundational layer of global finance, with adjusted transaction volumes projected to reach $719 trillion by 2035, according to a new report by blockchain research firm Chainalysis on Wednesday. The growth, driven by organic adoption alone, signals a structural shift in how value moves across borders and through everyday…

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U.S. Treasury to loop in crypto sector on hacker warnings shared with traditional firms

The U.S. Department of the Treasury is opening its cybersecurity information sharing to crypto businesses to help them ward off attacks as the industry becomes an increasingly important arm of the financial system, according to a Thursday statement. Eligible crypto firms and organizations — a status not yet clearly defined in the announcement — can…

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Nakamoto (NAKA), Sharplink Gaming (SBET), and Stive (ASST) viewed positively at Cowen

After declines of 90% or more in digital asset treasury companies Nakamoto (NAKA), Sharplink Gaming (SBET) and Strive (ASST), TD Cowen’s Lance Vitanza is spotting value. He argued that each could outperform spot crypto exchange-traded products if crypto prices recover and the firms keep expanding token holdings on a per-share basis. Nakamoto Holdings Vitanza initiated…

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