Standard Chartered Bank will launch the Hong Kong Dollar Stablecoin (HKDAP) in stages in Q2 this year.
**Hong Kong Grants First Stablecoin Issuer Licenses (Valid Through 2026)**
The Hong Kong Monetary Authority (HKMA) issued the first batch of stablecoin issuer licenses on April 11, valid through April 2026. Among the licensees is Anchorpoint Financial Limited—a joint venture of Standard Chartered Bank Hong Kong (SCBHK), Hong Kong Telecom (HKT), and Animoca Brands.
Anchorpoint plans to gradually roll out HKDAP (Hong Kong Dollar Anchored Payment), a HKD-pegged stablecoin, starting in Q2 2025. Operating on a B2B2C model, the stablecoin will be available to the public via authorized distributors.
The firm focuses on settling and distributing tokenized real-world assets, as well as facilitating cross-border capital flows and payments, with the goal of upgrading financial infrastructure in Hong Kong and across Asia.
“The launch of HKDAP will reshape financial markets and advance next-generation international trade,” said Tan Tock Siong, Group CEO of Standard Chartered.
Anchorp
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Cumberland associated address acquires 26,500 ETH from CEX, worth around $59.52 million
April 11 — Per Lookonchain data, whales and institutional investors continue accumulating Ethereum (ETH). A wallet linked to Cumberland has withdrawn 26,500 ETH (valued at approximately $59.52 million) from exchanges OKX, Binance, Bybit, and Coinbase over the past 12 hours.
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Assessment: Iran Still Has Thousands of Ballistic Missiles, Can Retrieve Launchers from Underground Facilities
April 11 (WSJ) — Iran still holds thousands of ballistic missiles, capable of being launched after retrieving launchers from underground storage sites, per U.S. intelligence officials familiar with the assessments.
Some U.S. officials warn Iran could use a ceasefire to reconstitute part of its missile arsenal. U.S. intelligence notes Iran retains the ability to rebuild some missile capabilities: while over half its missile launchers are destroyed, damaged, or trapped underground, a significant number of remaining ones can be repaired or excavated from underground facilities.
U.S. and Israeli officials say Iran’s missile stockpile has shrunk by roughly half amid the conflict, but it still holds thousands of short- and medium-range ballistic missiles (retrievable from hiding spots or underground). Iran also maintains a small cruise missile stockpile — these could target Persian Gulf ships or U.S. forces attempting to seize islands if U.S.-Iran negotiations collapse, per U.S. offici
17 minutes ago
WLFI repaid a 25 million USD1 loan to Dolomite, and the deposit rate has returned to 10.43%.
April 11: Per EmberCN monitoring, WLFI repaid $25 million in USD1 on Dolomite, with available USD1 borrowing liquidity on the platform now recovering to $35 million.
The USD1 deposit rate on Dolomite has returned to its normal 10.43% (after previously surging to 34% at one point), slightly higher than USDC’s 9.07% and USDT’s 7.74%.
Currently, WLFI still holds $162 million in loans on Dolomite (comprising $152 million in USD1 and $10.31 million in USDC), backed by 4.99 billion WLFI tokens (valued at approximately $402 million).
17 minutes ago
FF Skyrockets 137% This Morning, Followed by 115 Million FF Moved from BitGo Custodial Wallet
April 11th.
Per EmberCN monitoring, FF surged 137%—climbing from $0.072 to $0.171—during the early hours of today, between 2 and 3 AM.
At 3:30 AM, 115 million FF (worth roughly $15.81 million) were transferred out of a BitGo custodial wallet. As of now, 68.51 million FF (around $8.32 million) have been sent to Binance and Bybit.
FF’s price has also retraced from $0.171 to approximately $0.1.
17 minutes ago
The Netherlands Becomes First in EU to Approve Tesla FSD Full Self-Driving Software for Road Use
April 11th — Tesla’s Full Self-Driving (FSD) technology has secured regulatory approval in the Netherlands, marking the first time the system has been cleared in the European market, per the Dutch regulatory agency.
Tesla expects other European Union (EU) countries to follow suit, with widespread FSD adoption central to the automaker’s growth strategy.
A large chunk of Tesla’s current trillion-dollar valuation hinges on Elon Musk’s bet that AI-powered autonomous driving software and robotaxis will become the company’s primary revenue driver in the future.
17 minutes ago