Author: Charlotte

KuCoin Pay, the merchant payment solution of the KuCoin exchange, has collaborated with RaveDAO, the biggest Web3-based live entertainment project. The partnership aims to broaden cryptocurrency’s real-world use cases within the live entertainment market. As KuCoin mentioned in its official social media announcement, the move takes into account the integration of $RAVE, the native token of RaveDAO, into the KuCoin Pay network. Hence, the initiative permits consumers to spend their $RAVE holdings across the widening range of offline and online payment scenarios linked to music festivals, community experiences, and cultural events. 🚀 Huge news! KuCoin Pay is joining forces with…

South Korea’s commercial real estate sector contracted in the second quarter due to a high base effect from mega office deals in Seoul a year earlier, even as the broader Asia-Pacific market continued its recovery, a report by MSCI Inc. showed. Jongwoo Cheon edited this article. Source link

Add ThinkChina as a preferred sourceChinese Premier Zhu Rongji responds to a journalist’s question during a press conference after the closing session of the National People’s Congress, on 15 March 2000, in Beijing. (Stephen Shaver/AFP)(Edited and refined by Grace Chong, with the assistance of AI translation.)Former Chinese Premier Zhu Rongji died from illness in Beijing on 12 August. As the principal architect of China’s transition from a planned economy to a socialist market economy in the 1990s, Zhu was known for his forceful style, outspokenness and ability to get things done. Economic reform became the defining political legacy of his…

Recently, the earliest Ethereum wallets have begun to move again after years of inactivity. In July and August 2026, several Genesis wallets moved millions of dollars worth of ETH▲$1,761.17. Onchain activity by a dormant Ethereum Genesis era wallet, which had not been active for more than 11 years and now contained 2,680 ETH worth about $5.03 million, was reported to onchain observers on August 11. In current-day dollars, the value of those same assets in that wallet is about $830, yielding a more than 605,000% return. Genesis ETH refers to coins held by the earliest users of Ethereum, that is,…

Ether’s recent crash below $2,000 leaves $686 million gaping hole in trading firm’s book coindesk.com Source link

India’s individual mutual fund investors, comprising both retail investors and high net-worth individuals (HNIs), continue to display an overwhelming preference for equities, although their investment behavior differs sharply once wealth levels rise. An analysis by Cafemutual of AMFI data for June 2026 shows that retail investors and HNIs together account for Rs. 51.08 lakh crore, or 60.68% of the mutual fund industry’s Rs. 84.18 lakh crore assets under management. Of this, nearly Rs. 40.30 lakh crore, or 78.9%, is invested in equity schemes, reaffirming equities as the preferred wealth creation vehicle for Indian individual investors. However, beneath this broad individual…

– Getty Images Hyperscalers are breaking capex records and committing hundreds of billions of dollars to the data center rollout – largely in service of training AI models and preparing for a wave of AI inference that they hope will provide a massive return on investment.This wave of investment dominates news cycles. Breathless stories about GPU farms and the race to build gigawatt campuses in regions severely lacking in the infrastructure needed to support them. The sheer magnitude of money being moved around is both awe-inspiring and concerning, as the potential for a record-breaking return in investment collides with ever-present…

A Bitcoin wallet paid 1.60 BTC in network fees, worth roughly $102,778, and delivered exactly zero coins to anyone. The transaction was confirmed on August 12 inside block 962,142.Chain records show a single input of 160,343,885 satoshis. Miners took every one of those satoshis, while the lone output carried no value at all.How the Bitcoin Fee Spiraled Out of ControlThe sender ran an automated script that leaned on Replace-by-Fee, or RBF. That feature lets a user resubmit an unconfirmed Bitcoin transaction with a higher fee to jump the mempool queue.RBF exists for good reason. Fee estimates go stale within minutes,…

A housing market crash happens when home values plummet due to a lack of demand for or an oversupply of homes. The factors leading to a housing market crash are varied, ranging from economic recessions to high mortgage rates that make it less affordable to buy a home. A housing crash can have upsides (low home prices) and downsides (losing built-up equity and tighter finances).So, what’s ahead for the housing market in 2026? Read more: Want to buy a house in 2026? Here’s what you need to know. Is the housing market going to crash soon? Generally, experts don’t foresee…

Anchorpoint Financial has appointed HashKey Exchange as an authorized distributor for its Hong Kong dollar-backed stablecoin HKDAP, giving eligible institutions and professional investors access to minting, redemption, and fiat conversion during the token’s beta rollout. Summary HashKey has joined HKDAP Beta Access as an authorized distribution partner. Eligible institutions and professional investors can access HKDAP through HashKey and supported channels. HashKey has completed its first HKDAP minting and redemption transaction with eligible clients. Anchorpoint plans to test HKDAP in payments, settlement, and tokenized finance. HashKey opens HKDAP access to eligible investors According to an Aug. 12 announcement from HashKey Exchange…