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Bitcoin L2 Builders Showcase BTCFi as the Next Institutional Unlock

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Hong Kong — Layer 2 Bitcoin builders argued Thursday that the next phase of crypto’s evolution will not be about replacing bitcoin with “digital gold” but about making it productive. Speaking at Consensus Hong Kong 2026, executives from Citrea, Rootstock Labs and investment firm BlockSpaceForce argued that Bitcoin’s scaling layers are less about raw throughput […]

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Michael Terpin, CEO of Transform Ventures, says Bitcoin could see ‘an additional pain point’

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The current state of the crypto market is playing out almost exactly as historical trends suggest, according to Michael Terpin, CEO of Transform Ventures. That’s why he was skeptical of recent overly optimistic fundraising appeals. “When people thought the bottom would be at $80,000 and it would just be a six-week bear market, that seems

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Espresso Network Launches ESP Token With 10% Airdrop Amid Ethereum Layer 2 Debate

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The Espresso Network has officially moved to a permissionless proof-of-stake blockchain with the launch of its ESP token, opening up participation in securing the network and distributing a community airdrop representing 10% of the total supply. The transition coincides with the deployment of the ESP token, which is used for staking, thereby securing participation in

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Hundreds of developers participated in the Consensus Hong Kong 2026 hackathon

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As the curtain falls on Hong Kong Consensus 2026, the focus has shifted from corporate boardrooms to the living room. While institutional debates dominated the main stages, nearly 1,000 developers spent the week in the trenches at the EasyA x Consensus Hackathon, signaling a definitive turning point in the industry: “the year of the application

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Solana Delves into Tokenization and Payments at Accelerate APAC Event in Hong Kong

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Solana aims to position itself as the execution layer of “internet capital markets” in Asia, or a place where users can issue, trade, borrow, lend and settle assets online, 24/7, without the need for a traditional exchange, bank or clearing house. At least, that was the stance of attendees and panelists at Solana’s Accelerate APAC

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zkME Technology Wins $20,000 PitchFest Prize at Consensus Hong Kong

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A DePin company that has 3.5 million users and is currently raising Series A funding has won this year’s PitchFest at Consensus Hong Kong. Hong Kong-based zkME Technology won the $20,000 prize after a grueling two-day event in which competitors positioned their solutions as the key to various problems in the crypto industry. “If DeFi

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Binance CEO Richard Teng Breaks Down the “10/10” Nightmare That Rocked Crypto

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Binance did not cause the crypto market liquidation event on Oct. 10, but every exchange — centralized or decentralized — experienced massive liquidations that day after China imposed controls on rare earth metals and the United States announced new tariffs, said Richard Teng, co-CEO of Binance. About 75% of the liquidations occurred around 9 p.m.

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OKX Ventures supports STBL in partnership with Hamilton Lane and Securitize

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OKX Ventures, the venture capital arm of the global cryptocurrency exchange, has made a strategic investment in STBL, a provider of next-generation stablecoin and yield infrastructure. STBL, co-founded by Reeve Collins, who also co-founded Tether, and tokenization pioneer Avtar Sehra, also announced a partnership with Hamilton Lane (HLNE), an alternative investment management firm, and Securitize,

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Charles Hoskinson confirms agreement to integrate LayerZero on Cardano

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Input Output CEO and founder Charles Hoskinson announced a deal to port LayerZero to the Cardano blockchain during a keynote speech at Consensus Hong Kong on Thursday. LayerZero is a blockchain intended to power institutional-grade markets that received an investment from Citadel Securities on Wednesday. This announcement comes alongside Midnight’s mainnet rollout, which was also

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