Squads announces strategic partnership with Coinbase to accelerate USDC adoption

As the global asset tokenization wave sweeps across the world, Hong Kong is becoming a key testing ground for on-chain asset layout. According to PANews, many domestic companies holding physical assets have also heard the news and are seeking to put their assets on the chain for tokenized financing. The most common compliance solution is to confirm the ownership of domestic assets on the alliance chain, then set up a main body in Hong Kong to control domestic assets, and then issue tokens for financing. At present, Hong Kong's RWA industry is still crossing the river by feeling the stones.

DeFAI has shown remarkable relative strength against all other narratives over the past week. With improving macro and the Fed rate cuts on the horizon, the DeFAI bull case is becoming a reality.

GMX has concluded its ~$44 million compensation plan for GMX Liquidity Provider holders on Arbitrum impacted by the July V1 vulnerability. The update was shared on X by GMX (GMX) on Aug. 13, following the protocol’s final distribution round. The…