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SoFi Launches SoFiUSD Stablecoin to Its Bank App Users

37 minutes ago

On May 27, SoFi Technologies announced that its U.S. dollar-pegged stablecoin, SoFiUSD, is now accessible to all of its 14.7 million members. Users can directly purchase, sell, hold, and trade the stablecoin within the SoFi app. This marks the first stablecoin offering issued by a U.S. national bank and integrated into a retail banking platform’s interface. SoFiUSD currently runs on both Ethereum and Solana blockchains. The company plans to add additional features to the stablecoin in upcoming updates, including FDIC-insured tokenized deposits, cross-border transfer functionality, and connectivity with the Bullish exchange.
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BlackRock Deposits 2,538 BTC to Coinbase, Worth Approximately $193 Million

On May 27, on-chain analytics platform Onchain Lens reported that BlackRock deposited 2,538 BTC into Coinbase, valued at approximately $193 million.

4 minutes ago

Iran Media: Initial Informal Document of Iran-US Understanding Memorandum Revealed

May 27 (Xinhua) — Iran’s Ministry of Justice-affiliated Eqtesad news agency reported that the preliminary informal framework for an Iran-U.S. Memorandum of Understanding (MOU) was disclosed on the same day. Under the framework, U.S. military forces will withdraw from areas surrounding Iran, and the maritime blockade on Iran will be lifted.

4 minutes ago

ChangXin's IPO is approaching, with "China's Micron" boasting top-notch profitability, although its revenue scale still lags behind.

May 27: Today’s Update: ChangXin Technology’s STAR Market IPO Gets Listing Committee Approval As the world’s fourth-largest DRAM producer by shipment volume, ChangXin Technology now ranks among the top global earners in the space, trailing only the three leading international manufacturers—though the scale gap between it and the giants remains stark. BlockBeats compared ChangXin Technology’s financial metrics with global DRAM powerhouses Micron, SK Hynix, and Samsung Electronics, with results as follows: · For the most recent quarter, when revenue is converted to Chinese yuan: Micron’s revenue is roughly 3.2 times ChangXin’s, SK Hynix’s is around 4.7 times, and Samsung’s memory division revenue is about 6.7 times ChangXin’s. ChangXin Technology still lags behind the top players by total revenue. · On the profitability front: ChangXin’s Q1 2026 operating profit margin hit 69.7%, higher than Micron’s GAAP-aligned 67.6% and slightly below SK Hynix’s 71.5%. Fueled by the current i

4 minutes ago

Iranian Revolutionary Guard: Vessels from Hostile Countries Still Prohibited from Passing Through the Strait of Hormuz

May 27: The Iranian Revolutionary Guard Navy announced that vessels from hostile countries remain prohibited from transiting the Strait of Hormuz. So far, 23 vessels have passed through the waterway, with the remaining ones expected to continue transiting in the coming hours.

4 minutes ago

Ethereum's MVRV Ratio Set to Hit Historical Bottom, $1868 Key Support

On May 27, analyst @alicharts notes that Ethereum’s MVRV (Market Value to Realized Value ratio) is currently approaching the 0.8 level. Historical data indicates this range represents a high-probability macro accumulation window. The chart from the analyst places Ethereum’s MVRV 0.8 line at $1868.

4 minutes ago

US Stock Market Surges, Attracting Capital into the Chainlink Ecosystem: HIP-3 Holdings Reach All-Time High, with Trade.xyz Accounting for 94.2%

On May 27, Hyperinsight monitoring data indicates that driven by a sharp rally in the U.S. stock market, open interest in the HIP-3 ecosystem surged past $2.71 billion, hitting a new all-time high. Trade.xyz accounted for a massive 94.2% of this total (roughly $2.56 billion), also reaching a record peak, with a 24-hour trading volume of $1.775 billion. Meanwhile, Hyperliquid’s overall open interest jumped to $9.647 billion, marking the highest level since last November, with a trading volume of $7 billion during the same period.

4 minutes ago