A whale's BTC and ETH leveraged long positions have risen to $156 million.

Source: YZi Labs Translation: Shan Ouba, Golden Finance Key Points YZi Labs led a $50 million funding round for Better Payment Network (BPN) to accelerate the development of multi-stablecoin payment infrastructure – a move that aligns with the organization’s focus on supporting scalable, real-world blockchain applications that connect traditional finance with on-chain systems. BPN builds an integrated layer for stablecoin minting, exchange, and settlement on the BNB Chain, connecting centralized finance and decentralized finance, and providing the global market with faster, lower-cost, and regulatory-compliant cross-border payment services. YZi Labs has led a $50 million funding round in Better Payment Network (BPN). BPN is a programmable payment network built for the multi-stablecoin era. This investment aligns with YZi Labs' commitment to supporting the next generation of global financial infrastructure—one built on high-performance blockchains, centered around stablecoins, and employing a hybrid architecture that balances efficiency, programmability, and compliance. Traditional fintech platforms rely on a capital-intensive pre-funding model, leaving trillions of dollars idle in local accounts to maintain payment liquidity. BPN's dual-track system addresses this issue by enabling real-time stablecoin minting, redemption, and destruction across jurisdictions, freeing up locked-up funds. Built natively on the BNB Chain, BPN is committed to enabling instant, low-cost, and compliant cross-border settlements: settlement times are shortened from the traditional 1-2 days to 3-4 hours, with an average cost of just 30 basis points, significantly lower than the approximately 2% fees charged by traditional foreign exchange channels. BPN's centralized finance model targets businesses and licensed payment institutions, providing regulatory-compliant, client- and company-authenticated funds transfer services through fiat currency channels. Currently, it supports real-time exchange for major non-USD currencies, including the Brazilian Real, Nigerian Naira, Mexican Peso, and Euro stablecoins. International customers are already experiencing faster and cheaper transfers through BPN. At the same time, its decentralized finance model will create a permissionless on-chain foreign exchange market, allowing users to participate in liquidity mining, stablecoin exchange, and earn returns without undergoing customer identity verification. Scheduled to launch by the end of the year, this model will support 20 regional stablecoins across Latin America, Africa, and Asia, enabling truly borderless and programmable capital flows. The funds raised will be used primarily in two areas: first, to build an initial on-chain liquidity pool for stablecoin-to-stablecoin trading channels; and second, to foster an early market-making ecosystem. Through active rebalancing and arbitrage strategies, this infrastructure will help maintain fair and efficient on-chain foreign exchange rates, ensuring stable pricing and reliable trade execution for corporate users in emerging markets. Rica Fu, founder of Better Payment Network, stated, "This multi-stablecoin liquidity model offers a more inclusive and efficient alternative to the dollar-centric payment system, enabling seamless cross-border settlement services for global businesses and institutions. BPN is built on a simple principle: the future of cross-border payments should be truly borderless. Our mission is to connect stablecoin issuers, merchants, and financial institutions on a single programmable network, making stablecoins the universal standard for trust and settlement." Dana H., Venture Partner at YZi Labs, said, "As an investor, I believe the Better Payment Network (BPN) is a true game-changer in cross-border payments—it enables instant settlement, significantly reduces costs, and accelerates processing speeds. Built natively on the BNB Chain, BPN creates a seamless, scalable, and efficient payment ecosystem, with the potential to outperform traditional Web2 enterprises and decentralized Web3 solutions. The BPN founding team not only possesses deep payment industry experience but also possesses comprehensive expertise in both Web2 and Web3, a robust customer base, and a savvy marketing strategy for both centralized and decentralized finance. We are excited to see cryptocurrency and blockchain technology create real-world value, and BPN is leading this future. Supporting visionary teams that dare to dream and execute is what motivates us as investors."

The post Foreigner’s Lou Gramm Revisits The Band’s Classic ‘4’ Album, Now Reissued appeared on BitcoinEthereumNews.com. American-based rock band Foreigner performs onstage at the Rosemont Horizon, Rosemont, Illinois, November 8, 1981. Pictured are, from left, Mick Jones, on guitar, and vocalist Lou Gramm. (Photo by Paul Natkin/Getty Images) Getty Images Singer Lou Gramm has a vivid memory of recording the ballad “Waiting for a Girl Like You” at New York City’s Electric Lady Studio for his band Foreigner more than 40 years ago. Gramm was adding his vocals for the track in the control room on the other side of the glass when he noticed a beautiful woman walking through the door. “She sits on the sofa in front of the board,” he says. “She looked at me while I was singing. And every now and then, she had a little smile on her face. I’m not sure what that was, but it was driving me crazy. “And at the end of the song, when I’m singing the ad-libs and stuff like that, she gets up,” he continues. “She gives me a little smile and walks out of the room. And when the song ended, I would look up every now and then to see where Mick [Jones] and Mutt [Lange] were, and they were pushing buttons and turning knobs. They were not aware that she was even in the room. So when the song ended, I said, ‘Guys, who was that woman who walked in? She was beautiful.’ And they looked at each other, and they went, ‘What are you talking about? We didn’t see anything.’ But you know what? I think they put her up to it. Doesn’t that sound more like them?” “Waiting for a Girl Like You” became a massive hit in 1981 for Foreigner off their album 4, which peaked at number one on the Billboard chart for 10 weeks and…