News Heat Trend
Project Overview
Pacific is a decentralized NFT marketplace and an integrated platform for metaverse and GameFi assets.
Antier Solutions, an enterprise blockchain infrastructure provider, has raised $3 million in funding, led by GVFL.
According to PRNewswire, enterprise blockchain infrastructure provider Antier Solutions announced the completion of a $3 million funding round, led by GVFL. The new capital will support the development of secure transactions, verifiable workflows, and institutional-grade blockchain infrastructure; expand deployments in the government and banking, financial services, and insurance (BFSI) sectors; and grow its business operations in the United States, Middle East, and Asia-Pacific markets.
Robinhood Receives In-Principle Approval to Launch Brokerage Business in Singapore
According to an official announcement, Robinhood has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to launch brokerage services in Singapore, covering securities trading, exchange-traded derivatives, custody, product financing, and collective investment schemes. Robinhood stated that Singapore will serve as its Asia-Pacific headquarters to support its international expansion. Its subsidiary, Bitstamp Asia Pte. Ltd., already holds a Major Payment Institution (MPI) license issued by the MAS. Note that in-principle approval is not equivalent to a formal license; Robinhood Singapore Pte. Ltd. must still meet relevant conditions before receiving final approval to commence operations.
Peter Schiff: Crypto Companies Offering Interest-Bearing Products Should Not Be Regulated Like Banks
Peter Schiff, Chief Economist and Global Strategist at Euro Pacific, stated that Jamie Dimon’s claim—that crypto firms offering interest-bearing products should be subject to the same capital and compliance requirements as banks—is unreasonable. He noted that banks have FDIC deposit insurance and extend high-risk loans under a fractional-reserve banking system, whereas stablecoin issuers lack these characteristics.
Jito collaborates with Solana listed company (HSDT) to provide institutional-grade infrastructure in the Asia-Pacific region
: According to official sources, the Jito Foundation is partnering with Solana Company (NASDAQ: HSDT) to provide institutional-grade Solana infrastructure in the Asia-Pacific region. The two parties will operate BAM validators using Pacific Backbone in Hong Kong, Singapore, Japan, and South Korea. This low-latency infrastructure network supports staking, validation, and trading services in the Asia-Pacific region. Additionally, they will jointly develop an institutional-grade JitoSOL staking product, delivered through Solana Company's consulting service model, to meet the compliance requirements of large capital allocators. The head of the Jito Foundation for the Asia-Pacific region stated that this collaboration aims to combine Jito's market layer technology with Solana Company's regional experience and institutional network, laying the foundation for scalable and compliant participation within the Solana ecosystem.
Bitget Wallet Launches May Day QR Code Payment Campaign with Cashback up to 1,000 RLUSD per Transaction
Bitget Wallet has launched a Labor Day QR code payment campaign, running from April 28 to May 7, further driving the adoption of stablecoin payments in everyday consumption and travel scenarios across the Asia-Pacific (APAC) region. During the campaign, users who complete offline QR code payments using USDT or USDC will receive RLUSD cashback for each transaction. From May 1 to May 7, Bitget Wallet will randomly select one paying user per day to receive an additional 1,000 RLUSD cashback. To lower the barrier to first-time usage, Bitget Wallet will also airdrop XRP to eligible participants—serving as the account reserve required to activate RLUSD withdrawals. RLUSD is a compliant U.S. dollar-pegged stablecoin issued by Ripple and regulated by the New York State Department of Financial Services (NYDFS). This campaign marks Bitget Wallet’s first real-world consumer application following its integration of the XRP Ledger (XRPL) mainnet and onboarding of the RLUSD payment ecosystem at the end of March—and represents a key milestone in advancing Bitget Wallet’s Everyday Finance strategy.
Robinhood Receives In-Principle Approval to Launch Brokerage Business in Singapore
According to an official announcement, Robinhood has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to launch brokerage services in Singapore, covering securities trading, exchange-traded derivatives, custody, product financing, and collective investment schemes. Robinhood stated that Singapore will serve as its Asia-Pacific headquarters to support its international expansion. Its subsidiary, Bitstamp Asia Pte. Ltd., already holds a Major Payment Institution (MPI) license issued by the MAS. Note that in-principle approval is not equivalent to a formal license; Robinhood Singapore Pte. Ltd. must still meet relevant conditions before receiving final approval to commence operations.
U.S. Military Acknowledges Running Bitcoin Nodes, Exploring Blockchain Applications for Cybersecurity
According to Decrypt, Admiral Samuel Paparo, Commander of the U.S. Indo-Pacific Command, stated during a hearing before the U.S. House Armed Services Committee that the U.S. government is currently operating a Bitcoin node for cybersecurity-related testing—but is not engaged in mining. Paparo said the U.S. military’s interest in Bitcoin centers primarily on its value as a computer science tool—including cryptography, blockchain, and reusable proof-of-work mechanisms—with the aim of leveraging the Bitcoin protocol to strengthen cybersecurity and enhance military capabilities. This effort remains in the “experimental phase.” He also noted that maintaining the U.S. dollar’s global dominance aligns with U.S. military interests and offered positive remarks about the stablecoin legalization bill—the GENIUS Act—signed by former President Trump last summer, stating that the legislation helps reinforce the dollar’s global standing.
HashKey Exchange has been awarded the Best Digital Asset Solutions award by The Asian Banker for two consecutive years.
Today, Asian Private Banker announced the winners of its 11th Annual Technology Awards for 2025. HashKey Exchange—the largest* licensed digital asset exchange in Hong Kong—has once again been awarded the “Best Digital Assets Solution” award. Asian Private Banker is a leading authority in Asia-Pacific wealth management. Its “Best Digital Assets Solution” award recognizes outstanding platforms that deliver optimal digital asset trading and investment solutions to private banks, wealth management institutions, and ultra-high- or high-net-worth individuals (U/HNWIs). HashKey Exchange’s repeat win underscores not only its comprehensive institutional service capabilities but also its deep resilience—its ability to maintain stable operations and navigate market cycles with enduring strength. Michelle Cheng, Director of HashKey Exchange, said: “We are honored to receive this prestigious award once again. It affirms our long-term commitment to regulatory compliance, institutional service excellence, and digital asset infrastructure development. Moving forward, we will remain firmly anchored in global regulatory frameworks, prioritize compliance-driven innovation, continuously empower institutional clients, and collaborate across the industry to build a robust and sustainable digital asset ecosystem.” HashKey Exchange has now established an integrated suite of services encompassing trading, custody, and clearing—
Sui Official Releases Post-Mortem of Mainnet Outage: Three Major Failures Caused by Upgrades, No Confirmed Transactions Reverted
Sui Chinese Official released a post-mortem of the mainnet outage, stating that on May 28 (Thursday) and May 29 (Friday), 2026, Pacific Time (UTC-7), the Sui mainnet experienced three network failures. The first two failures stemmed from a crash vulnerability caused by the interaction between the Gas charging logic and the recently released version 1.72 (which introduced the Address Balances feature). The fix for Thursday's incident was a temporary measure aimed at restoring network operations as quickly as possible while the Sui core team developed a long-term solution. The team was aware that this temporary fix had an extremely low probability of causing network failure but accepted this risk to expedite mainnet recovery. On Friday morning, another variant of this known issue was triggered, leading to another failure.The third failure occurred during the routine Epoch transition on Friday afternoon. When validators restarted nodes to deploy Friday morning's fix, a long-dormant defect in the Randomness State preservation was triggered, causing another network failure.Failure timeline: First: Started Thursday around 7:00 PT, recovered at 13:30 PT; Second: Started Friday around 5:00 PT, recovered at 8:30 PT; Third: Started Friday around 13:30 PT, recovered at 19:20 PT;Throughout the entire incident, user funds remained secure, and no confirmed transactions were reverted after network recovery.Currently, validators have fully fixed the original Gas Charging and Randomness State vulnerabilities, and network activity has returned to normal.
Bitget Wallet QR Code Payment Expands to Three Latin American Countries, Including Argentina, Colombia, and Bolivia
Bitget Wallet has announced the expansion of its QR code payment service to Latin American markets, including Argentina, Colombia, and Bolivia. As a result, Bitget Wallet's QR code payment capability now covers key markets in both the Asia-Pacific and Latin America, accelerating the global expansion of its Everyday Finance strategy.This expansion follows Bitget Wallet's integration route with Brazil's Pix, and now connects to three local payment networks: Transferencias 3.0 (Argentina), Bre-B (Colombia), and QR Simple (Bolivia). Users can directly use USDC or USDT for QR code payments within the wallet without needing to exchange currencies in advance.
Antier Solutions, an enterprise blockchain infrastructure provider, has raised $3 million in funding, led by GVFL.
According to PRNewswire, enterprise blockchain infrastructure provider Antier Solutions announced the completion of a $3 million funding round, led by GVFL. The new capital will support the development of secure transactions, verifiable workflows, and institutional-grade blockchain infrastructure; expand deployments in the government and banking, financial services, and insurance (BFSI) sectors; and grow its business operations in the United States, Middle East, and Asia-Pacific markets.
Jito collaborates with Solana listed company (HSDT) to provide institutional-grade infrastructure in the Asia-Pacific region
: According to official sources, the Jito Foundation is partnering with Solana Company (NASDAQ: HSDT) to provide institutional-grade Solana infrastructure in the Asia-Pacific region. The two parties will operate BAM validators using Pacific Backbone in Hong Kong, Singapore, Japan, and South Korea. This low-latency infrastructure network supports staking, validation, and trading services in the Asia-Pacific region. Additionally, they will jointly develop an institutional-grade JitoSOL staking product, delivered through Solana Company's consulting service model, to meet the compliance requirements of large capital allocators. The head of the Jito Foundation for the Asia-Pacific region stated that this collaboration aims to combine Jito's market layer technology with Solana Company's regional experience and institutional network, laying the foundation for scalable and compliant participation within the Solana ecosystem.
Bitget Wallet Launches May Day QR Code Payment Campaign with Cashback up to 1,000 RLUSD per Transaction
Bitget Wallet has launched a Labor Day QR code payment campaign, running from April 28 to May 7, further driving the adoption of stablecoin payments in everyday consumption and travel scenarios across the Asia-Pacific (APAC) region. During the campaign, users who complete offline QR code payments using USDT or USDC will receive RLUSD cashback for each transaction. From May 1 to May 7, Bitget Wallet will randomly select one paying user per day to receive an additional 1,000 RLUSD cashback. To lower the barrier to first-time usage, Bitget Wallet will also airdrop XRP to eligible participants—serving as the account reserve required to activate RLUSD withdrawals. RLUSD is a compliant U.S. dollar-pegged stablecoin issued by Ripple and regulated by the New York State Department of Financial Services (NYDFS). This campaign marks Bitget Wallet’s first real-world consumer application following its integration of the XRP Ledger (XRPL) mainnet and onboarding of the RLUSD payment ecosystem at the end of March—and represents a key milestone in advancing Bitget Wallet’s Everyday Finance strategy.
Coinbase to List VIRTUAL Spot Trading
Odaily reports, according to an official announcement, Coinbase will list Virtuals Protocol (VIRTUAL) for spot trading on April 29. If liquidity conditions are met and trading is supported, the VIRTUAL trading pair will open at or after 9:00 AM Pacific Time.
Related news
New Zealand’s fraud losses over the past year totaled approximately USD 160 million, with cryptocurrency scams increasingly targeting Pacific communities.
Data shows that New Zealand lost approximately USD 160 million to various fraud activities over the past year, with scams exploiting personal relationships accounting for about USD 19 million of those losses. Local media reports indicate that Pacific communities are becoming prime targets for cryptocurrency scammers.
Peter Schiff: Crypto Companies Offering Interest-Bearing Products Should Not Be Regulated Like Banks
Peter Schiff, Chief Economist and Global Strategist at Euro Pacific, stated that Jamie Dimon’s claim—that crypto firms offering interest-bearing products should be subject to the same capital and compliance requirements as banks—is unreasonable. He noted that banks have FDIC deposit insurance and extend high-risk loans under a fractional-reserve banking system, whereas stablecoin issuers lack these characteristics.
Sui Official Releases Post-Mortem of Mainnet Outage: Three Major Failures Caused by Upgrades, No Confirmed Transactions Reverted
Sui Chinese Official released a post-mortem of the mainnet outage, stating that on May 28 (Thursday) and May 29 (Friday), 2026, Pacific Time (UTC-7), the Sui mainnet experienced three network failures. The first two failures stemmed from a crash vulnerability caused by the interaction between the Gas charging logic and the recently released version 1.72 (which introduced the Address Balances feature). The fix for Thursday's incident was a temporary measure aimed at restoring network operations as quickly as possible while the Sui core team developed a long-term solution. The team was aware that this temporary fix had an extremely low probability of causing network failure but accepted this risk to expedite mainnet recovery. On Friday morning, another variant of this known issue was triggered, leading to another failure.The third failure occurred during the routine Epoch transition on Friday afternoon. When validators restarted nodes to deploy Friday morning's fix, a long-dormant defect in the Randomness State preservation was triggered, causing another network failure.Failure timeline: First: Started Thursday around 7:00 PT, recovered at 13:30 PT; Second: Started Friday around 5:00 PT, recovered at 8:30 PT; Third: Started Friday around 13:30 PT, recovered at 19:20 PT;Throughout the entire incident, user funds remained secure, and no confirmed transactions were reverted after network recovery.Currently, validators have fully fixed the original Gas Charging and Randomness State vulnerabilities, and network activity has returned to normal.
Bitget Wallet QR Code Payment Expands to Three Latin American Countries, Including Argentina, Colombia, and Bolivia
Bitget Wallet has announced the expansion of its QR code payment service to Latin American markets, including Argentina, Colombia, and Bolivia. As a result, Bitget Wallet's QR code payment capability now covers key markets in both the Asia-Pacific and Latin America, accelerating the global expansion of its Everyday Finance strategy.This expansion follows Bitget Wallet's integration route with Brazil's Pix, and now connects to three local payment networks: Transferencias 3.0 (Argentina), Bre-B (Colombia), and QR Simple (Bolivia). Users can directly use USDC or USDT for QR code payments within the wallet without needing to exchange currencies in advance.
IREN Completes $3 Billion Convertible Note Offering for AI Cloud Infrastructure Expansion
IREN Limited (NASDAQ: IREN) announced the completion of a $3.0 billion issuance of 1.00% convertible senior notes due 2033. The offering comprises a $2.6 billion primary issuance and a $400 million over-allotment option, which has been fully exercised. Net proceeds from the offering are approximately $2.96 billion. The notes carry a conversion premium of 32.5%, and investors have no redemption rights. Concurrently, IREN entered into capped call transactions with an initial cap price of $110.30 per share (a 100% premium to the reference price) to hedge against equity dilution arising from note conversions; related costs amount to approximately $201.3 million. Remaining proceeds will be used for general corporate purposes and working capital. IREN is a vertically integrated AI cloud service provider focused on delivering large-scale data centers and GPU cluster services for AI training and inference, with operations spanning North America, Europe, and the Asia-Pacific region.
Antier Solutions, an enterprise blockchain infrastructure provider, has raised $3 million in funding, led by GVFL.
According to PRNewswire, enterprise blockchain infrastructure provider Antier Solutions announced the completion of a $3 million funding round, led by GVFL. The new capital will support the development of secure transactions, verifiable workflows, and institutional-grade blockchain infrastructure; expand deployments in the government and banking, financial services, and insurance (BFSI) sectors; and grow its business operations in the United States, Middle East, and Asia-Pacific markets.