Cross-border payment, can Cross-border Payment Pass really change the cross-border payment landscape in Hong Kong? Golden Finance, the in-depth game between efficiency and supervision in the field of cross-border payment?

According to PANews, Whale Alert has reported that 300 million XRP tokens, valued at approximately $659.82 million, were locked in Ripple's escrow account 17 minutes ago. This move is part of Ripple's ongoing strategy to manage the supply of XRP in the market.

According to BlockBeats, London-listed digital asset management firm Vaultz Capital has successfully raised £1 million (approximately $1.16 million) through an oversubscribed placing and WRAP retail offering. The funds will be used to increase the company's Bitcoin holdings.

According to the announcement from Binance, the platform has introduced a USD Buy/Sell Crypto Promotion aimed at corporate users with VIP levels ranging from 1 to 9. During the promotion period, which spans from 2025-07-02 10:00 (UTC) to 2025-08-14 23:59 (UTC), eligible participants can receive exclusive rewards. New corporate users completing their first USD Buy/Sell Crypto transaction will be awarded a Binance VIP Swag Pack, which includes items such as a VIP polo shirt, banker bag, picnic mat, insulated tumbler, and foldable umbrella. If shipping is not possible, Binance may provide token vouchers of equivalent value. The promotion also offers an opportunity for users to win up to $5,000 in Trading Fee Rebate Vouchers. Participants must register on the campaign landing page and increase their USD Buy/Sell Crypto Amount to meet specific thresholds. The rebate vouchers are distributed on a first-come, first-served basis, with rewards varying based on the increase in trading amounts. For instance, a minimum increase between $5,000 and $10,000 qualifies for a $250 rebate, while increases over $1,000,000 can earn a $5,000 rebate. Binance emphasizes that the rewards are limited and subject to terms outlined in the promotion. Binance's USD ramp solutions facilitate seamless access to stablecoins like XUSD, USDC, and USDT, with XUSD and USDC offering a guaranteed 1:1 conversion ratio. These solutions provide fast T+0 settlement on deposits and withdrawals, enhancing liquidity and operational efficiency. The platform supports transactions across major offshore jurisdictions, ensuring robust compliance and verification procedures for secure onboarding. Scalable transaction limits cater to both individual and institutional needs, offering flexible payment and settlement options via SWIFT Bank Transfer.

According to BlockBeats, Bitcoin asset management firm K33 has acquired an additional 10 bitcoins for approximately 10 million Swedish kronor, bringing its total holdings to 35 bitcoins. Recently, K33 introduced a Bitcoin financial strategy and announced the successful completion of a share issuance aimed at raising funds to purchase up to 1,000 bitcoins.

According to PANews, Italian banking group Banca Sella Holding SpA is conducting an internal pilot project to test custody services for digital assets, including stablecoins. Sources familiar with the matter revealed that Sella is collaborating with technology provider Fireblocks for this initiative. Currently, the bank allows only a limited number of professional employees to hold digital assets internally, with potential plans to extend this service to clients in the future.

Odaily Planet Daily News: Investment company Linqto pioneered a private stock trading channel for ordinary investors, but now faces federal investigations for its business operations and may even file for bankruptcy. Ripple CEO Brad Garlinghouse said: "It is understandable that investors have doubts about the Ripple shares purchased by Linqto. It should be noted that the 4.7 million Ripple shares held by Linqto were purchased from other shareholders in the secondary market and have never been traded directly with Ripple. In addition to being a shareholder, Linqto has no business dealings with Ripple. In view of the increase in doubts, we have stopped approving further stock purchases by Linqto at the end of 2024." (Wall Street Journal)

According to PANews, Zodia Custody, a subsidiary of Standard Chartered Bank, has completed the acquisition of Tungsten Custody Solutions, a licensed digital asset custody company in the United Arab Emirates. This acquisition grants Zodia a financial license from the Abu Dhabi Global Market (ADGM) and preliminary approval from the Dubai Virtual Assets Regulatory Authority (VARA), facilitating its expansion of institutional services in the Middle East. Tungsten was initially incubated by Further Ventures, a digital asset investment firm based in Abu Dhabi. Following the acquisition, Further Ventures will become a shareholder in Zodia and continue to provide local resource support. Zodia has already secured regulatory approvals in the United Kingdom, Ireland, Luxembourg, and Hong Kong, with shareholders including Standard Chartered Ventures and the National Bank of the UAE.

According to Odaily, the number of job cuts announced by U.S. companies in June reached 47,999, marking the lowest level since December 2024. This figure represents a significant decrease from the previous count of 93,816.

According to BlockBeats, HyperInsight has reported that a whale address beginning with 0x1f25 has recently increased its Bitcoin holdings by 115.34 BTC for its 20x long position. This addition has raised the position's value by $12,432,305. The current position details are as follows: - Position size: $69,572,043 - Entry price: $107,377 - Liquidation price: $95,212 - Profit and loss: Floating profit of $60,919

According to BlockBeats, Coindesk analyst Omkar Godbole has highlighted that Bitcoin bulls are anticipating a weakening dollar to provide upward momentum for the cryptocurrency market. However, technical charts indicate caution due to potential reversal signals rooted in historical patterns. The U.S. Dollar Index is nearing a 'death cross' on the weekly chart, a traditional bearish indicator that has repeatedly marked the dollar's temporary bottom since 2009. Godbole notes that despite the ominous name, this pattern is often a 'bear trap.' Since 2009, the death cross has appeared four times, each marking a dollar bottom and trend reversal. The most recent occurrence was in January 2021, when the dollar index bottomed near 90 and subsequently rose, reaching a peak above 114 in September 2022. It is important to recognize that price patterns do not always unfold as expected, and the impending death cross may not necessarily trap bears again. Understanding this historical trend can aid traders in managing their positions more effectively.

Recommended readings tonight: 1. The Great Beauty Act: What are the key contents and why Musk strongly criticizes it; 2. Everything you need to know about stocks on the blockchain; 3. Grayscale: Stablecoin Summer;

This month, the price of BTC has shown a complex situation of cross-influence of multiple factors such as "reciprocal tariff conflicts, geopolitical conflicts, economic and employment data, and expectations of Federal Reserve rate cuts."

As Singapore tightens its regulatory stance on crypto firms operating without proper licenses, Binance is reportedly set to retain a significant portion of its workforce in the city-state—undeterred by new restrictions targeting offshore digital-asset activity.

The new wave of tokenized securities is backed by a more friendly policy environment and more mature technical solutions, and has a more solid foundation than the previous cycle.

A U.S. judge has allowed Celsius to sue Tether over the forced sale of 39,545 Bitcoin during its 2022 collapse, which Celsius says caused over $4 billion in losses. The court rejected Tether’s argument about being outside U.S. jurisdiction, meaning key claims like fraud and breach of contract will go ahead.

In the future, when stablecoins enter the regulatory compliance framework, the various costs that traditional cross-border payments should pay will also be imposed on stablecoins. Only practice can verify the cost advantage of stablecoin cross-border payments.

The SEC has approved Grayscale’s plan to turn its Digital Large-Cap Fund into an ETF, giving investors easier access to a basket of major cryptocurrencies. This move could lead to more crypto ETFs being approved in the US, including ones for altcoins like Solana, XRP, and Cardano.

Crypto billionaires are leveraging their wealth to pioneer a new paradigm in science, called "decentralised biotech".

Dissecting DYDX token economics, market listings, and exchange dynamics.