Chelsea FC's new jersey sponsorship with USDC has raised concerns among Hong Kong fans about potential legal risks under the city's strict stablecoin regulations. Hong Kong's Stablecoin Ordinance, effective since August 2025, penalizes unauthorized stablecoin advertising with fines and possible jail time. Fans worry that wearing the jersey, which prominently features the USDC brand, could be interpreted as promoting an unlicensed stablecoin. However, legal experts suggest that simply wearing the jersey is unlikely to lead to prosecution, as the law targets active marketing rather than passive display. Retailers remain hesitant to sell the jersey until the legal implications are clarified.
Cronos blockchain suffered a $120.4 million exploit when an attacker manipulated the price of TONIC token to borrow funds from Tectonic lending markets. Validators halted the network and rolled back nearly two hours of transactions, restoring $111.2 ...
Pump.fun, a Solana-based memecoin launchpad, has reclaimed the top spot in 24-hour protocol revenue with about $1.23 million in fees, overtaking Pons, a newer competitor that had briefly led earlier in 2026. Pons gained rapid traction by leveraging R...
Boyaa Interactive purchased about 205 Bitcoin for $14.3 million between June and September 2026, increasing its total Bitcoin holdings to approximately 4,316 BTC at an average cost of $68,280 per Bitcoin. The company funded these purchases with cash ...
USDT's control depends on the owner role of its smart contract, notably on Tron where a 2-of-3 multisig wallet controls over half of all USDT tokens. This owner role can blacklist addresses, create or destroy tokens, and pause transfers, but cannot a...
McKesson, a leading pharmaceutical distributor in the US oligopoly, generates over $5 billion in free cash flow and is expanding through its oncology segment, which saw a 31% revenue increase year-over-year. The company is strategically acquiring bus...
