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Join the 7,470 $WCT Launchpool Today!
Launchpool is back and this round, we're connecting you to 7,470 $WCT in airdrops! Join from August 5 to August 12, 2025 and earn your share of the prize pool by locking USDT and/or ETH. How to Join: * Lock at least 1 USDT or 0.00025 ETH on Launchpool. Click here. * The earlier and longer you lock, the more $WCT you receive * Rewards are distributed hourly! Airdrop Allocation: * 5,229 $WCT airdrop for users who lock USDT * 2,241 $WCT airdrop for users who lock ETH Claim up to 10% of the total project airdrop! Lock your tokens early and maximize your rewards from the 7,470 $WCT prize pool. Terms and Conditions 1. The program is designed to reward Coins.ph users with airdrops based on the amount of token/s locked, the duration of the lock period and accumulated total value of the pool. 2. The promotion is open to individuals who are at least 18 years old and have an Identity Verified Coins.ph account. 3. The program begins on August 5, 2025, 1PM (Manila Time). Coins.ph reserves the right to extend or shorten the program period at its discretion. 4. Airdrop tokens will be distributed on an hourly basis. When a user locks tokens at hour H, the locked volume is calculated at hour H+1, and the corresponding airdrop is distributed at hour H+2. 5. Users can receive a maximum of 10% of the project. 6. Airdrops are non-transferable and must be accepted as awarded. 7. Coins.ph reserves the right to cancel or amend the mechanics at its sole discretion including which tokens will be eligible for the program and the amount of airdrops to be received. 8. Personal information collected from participants will be used in accordance with Coins.ph’s privacy policy. 9. Any disputes concerning the conduct of this Program will be resolved by Coins.ph at its sole discretion. 10. By participating in this Program, participants agree to these Terms and Conditions.
$WCT Learn & Earn Wave 2: Winners Announced!
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HK Stablecoin Race, Tether Hits $4.9B and PayPal Crypto Checkout
Hong Kong Opens Stablecoin Licensing as Banks and Brokers Lead the Charge Hong Kong’s Stablecoin Ordinance took effect on August 1, with the HKMA unveiling strict licensing guidelines around reserves, custody, and governance. Major banks like BOCHK and Standard Chartered are expected to apply early, leveraging their institutional edge, while over 40 securities brokers—led by firms like Guotai Junan and Eastmoney—have already upgraded licenses to enter the crypto space. With applications due by September 30 and non-compliant issuers facing shutdown by November, competition is intense. The HKMA will prioritize applicants with real-world use cases like asset tokenization and cross-border payments. Meanwhile, regulators caution against hype and warn investors to scrutinize stablecoin backing and project viability, as CNH-backed innovations begin to emerge. (Be in Crypto) Tether Reports $4.9B Q2 Profit as Stablecoin Industry Surges Tether posted a $4.9 billion profit in Q2 2025, marking a 277% year-over-year increase as stablecoins gain broader acceptance amid clearer U.S. regulation. The company now holds $127 billion in U.S. Treasurys, surpassing South Korea as the 18th-largest holder, with USDt maintaining a 61.7% market share. Tether’s total H1 2025 profit reached $5.7 billion, up 9.6% from the same period in 2024. Competitors like Circle, PayPal, and Trump's World Liberty Financial are also expanding in the stablecoin space following the passage of the GENIUS Act. (Cointelegraph) PayPal Launches 'Pay with Crypto' to Boost Global Commerce and Slash Fees PayPal has introduced 'Pay with Crypto,' a new service allowing US merchants to accept over 100 cryptocurrencies—including BTC, ETH, XRP, and USDT—with instant conversion to fiat or stablecoins. The service promises to cut cross-border transaction fees by up to 90% and supports integration with top wallets like Coinbase, MetaMask, and Binance. Merchants will benefit from a low 0.99% transaction fee until July 2026 and can earn 4% rewards by holding PayPal USD (PYUSD). With access to over 650 million crypto users globally, PayPal aims to unlock a $3 trillion digital payment market. (Crypto Briefing) Bank of Korea Launches Virtual Asset Division as KRW Stablecoin Momentum Builds The Bank of Korea (BOK) has established a dedicated virtual asset division to monitor the crypto market and drive internal discussions on won-based stablecoins, signaling a stronger institutional focus on digital assets. The division, under the financial payment systems bureau, coincides with the renaming of the bank’s Digital Currency Research Team to the more action-oriented “Digital Currency Team.” This shift comes amid growing national interest in Korean stablecoins, spurred by political support from President Lee Jae Myung and private sector efforts from banks and payment firms. While the BOK has paused its CBDC project, it acknowledges the rising relevance of KRW-backed stablecoins, though it cautions against letting non-banks dominate issuance. (The Block) Visa Expands Stablecoin Reach with Support for PYUSD, EURC, and USDG on Stellar and Avalanche Visa has expanded its stablecoin capabilities by adding support for PayPal USD (PYUSD), Euro Coin (EURC), and Global Dollar (USDG) on the Stellar and Avalanche blockchains. This move enables users to send and receive stablecoins or convert them to fiat through Visa's growing network. The expansion also signals increasing institutional adoption, as traditional finance giants like JPMorgan and Bank of America explore stablecoin applications. With competition from Mastercard intensifying, Visa's latest integration positions it at the forefront of blockchain-based payment innovation. (Watcher Guru) CryptoPunks Trading Volume Hits $24.6M After GameSquare’s $5M Punk Purchase CryptoPunks NFTs saw a massive resurgence last week, with trading volume soaring to over $24.6 million—their highest since March 2024 and a 416% jump from the previous week. The floor price rose from 40 ETH to 47.5 ETH, while average sale prices climbed from $140,000 to $182,000. The spike in interest was largely driven by GameSquare’s $5.15 million equity-financed acquisition of Punk #5577, a rare “Ape Punk.” As the first corporate NFT purchase backed by preferred shares, the move positioned CryptoPunks as potential yield-bearing assets for treasuries and institutional buyers, triggering renewed confidence and bidding across the collection. (The Block)
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