DeepNewz

Markets
Ethereum Futures Interest Hits Record as Token Erodes Bitcoin Dominance
Ethereum is enjoying its strongest third quarter on record, rising 13% in the first 20 days of August and advancing from $1,386 in April to $4,783 last week, within sight of its 2021 peak

Regulation & Politics
China Weighs Yuan-Backed Stablecoins to Lift Currency’s Global Use
China’s cabinet, the State Council, is preparing to review a policy roadmap later this month that would authorise the issuance and use of yuan-backed stablecoins for the first time, according to people familiar with the matter

DeFi
MetaMask to Launch Stripe-Issued mUSD Stablecoin on Ethereum and Linea
Crypto wallet provider MetaMask said it will introduce MetaMask USD (mUSD), a dollar-backed stablecoin scheduled to launch later this year on the Ethereum mainnet and Linea, the layer-2 network built by parent company Consensys

TradFi & Fintech
DBS Bank Tokenizes Structured Notes on Ethereum for Institutional Investors
DBS Bank, the largest lender in Singapore and Southeast Asia, has issued tokenized structured notes on the public Ethereum blockchain

Markets
Nasdaq Delists Windtree Therapeutics Over Price Rule After BNB Pivot
Nasdaq said it will suspend and delist Windtree Therapeutics Inc

Markets
Bitcoin Whale Holding 14,837 BTC Sells $121M BTC, Opens $301M ETH Longs Across 4 Wallets at $4,300-$4,333 with 10x and 3x Leverage
A prominent Bitcoin holder, described as a Bitcoin OG with a portfolio of 14,837 BTC valued at approximately $1

Markets
Hong Kong’s Ming Shing to Buy $483 Million in Bitcoin via Notes
Hong Kong-listed Ming Shing Group Holdings Limited said it has signed a binding agreement to acquire 4,250 Bitcoin for about US$482

Hacks
U.S. Government Wallet Adds $332,000 Ether From Coinbase After DeFi Hack Seizure
An on-chain wallet identified by blockchain analysts as controlled by the U







