UK's FCA Proposes Exemption for Some Cryptocurrency Firms from Traditional Financial Rules

The whale who previously spent $2M to buy $SUNDOG in a single transaction just spent 290,094 $TRX($99K) to buy 4.36M $USDWON.

September 17th, Hyperscale Data, a subsidiary of the NYSE (New York Stock Exchange), which is listed on the NYSE American, announced that it will carry out its previously announced $100 million Bitcoin treasury strategy. The company will acquire $5 million worth of Bitcoin on the open market through its wholly-owned subsidiary Sentinum to expand its balance sheet. At that moment, it will disclose the relevant holding information. After the transaction is finished, the company's Bitcoin holdings may rise to $7 million.

On September 17th, according to HTX market information, W witnessed a short-term surge of more than 5% and is currently trading at $0.0917. Previously, Wormhole announced the Token 2.0 upgrade. In this upgrade, the on-chain and off-chain protocol revenue and value generated by Wormhole, Wormhole Portal, and ecosystem applications will be linked to W, and the proceeds will be contributed to the Wormhole Reserve.

On September 17th, Wormhole made an announcement regarding the Token 2.0 upgrade. It was stated that Wormhole would incorporate on-chain and off-chain protocol revenue as well as the value generated by Wormhole, Wormhole Portals, and ecosystem applications into W. The proceeds would be contributed to the Wormhole reserves. Moreover, Wormhole 2.0 redefined the rewards. W holders who continued to participate in governance would soon start to receive more stable rewards. While staking rewards were variable, holders could earn higher rewards by actively using ecosystem applications. The rewards would come from a combination of the existing token supply and protocol revenue. W would not introduce inflation, and the total supply cap would remain at 10 billion. Regarding unlocking, starting from October 3, 2025, the unlocking frequency of W would change from a significant one-yearly fluctuation to a bi-weekly pattern, making it more stable and predictable. This led to enhanced market resili

On September 17th, the Nasdaq-listed company Hoth Therapeutics announced that the board has given the green light to an update of the company's cryptocurrency treasury strategy. This update permits the purchase of Ethereum and Solana in addition to Bitcoin. Hoth Therapeutics had previously declared a $1 million investment to acquire Bitcoin. Now, this fund will be utilized to buy BTC, ETH, and SOL with the aim of diversifying its balance sheet.

September 17th (Beijing Time), at 03:00 on September 18th, during the press conference of Federal Reserve Chairman Powell, President Trump of the United States will be interviewed by Fox News in the UK and may offer comments on the Fed's actions. (Forex)