Expert Claims Altcoin Metrics Are Being ‘Gamed’ to Mislead Investors

The post GD Culture to Acquire Pallas Capital Assets, Adding 7,500 Bitcoin to Treasury appeared on BitcoinEthereumNews.com. GD Culture Group has entered a share‑exchange agreement to acquire Pallas Capital’s assets, including 7,500 BTC, to accelerate its crypto‑treasury strategy. Pallas Capital Acquisition Boosts GD Culture’s Treasury Strategy GD Culture Group Limited (Nasdaq: GDC) has announced a landmark deal to acquire Pallas Capital Holding Ltd., adding 7,500 bitcoin to its balance sheet as part […] Source: https://news.bitcoin.com/gd-culture-to-acquire-pallas-capital-assets-adding-7500-bitcoin-to-treasury/

PANews reported on September 18th that, according to Decrypt, the Australian Securities and Investments Commission (ASIC) has granted a regulatory exemption to stablecoin intermediaries, allowing them to distribute cryptocurrencies issued by licensed Australian institutions without having to hold a separate financial services license. The exemption, published Thursday, states that intermediaries distributing stablecoins issued by Australian Financial Services (AFS) licensed issuers no longer need to apply for separate AFS, market, or clearing facility licenses. This measure, effective upon registration of federal legislation, is a significant step forward in addressing Australia's regulatory challenges in the stablecoin market. Blockchain APAC CEO Steve Vallas stated that this move is a temporary transition before broader reforms and is consistent with financial services law. The exemption does not change the determination of whether stablecoins are financial products, but simply "suspends the secondary licensing requirement for distributors of licensed issuers," allowing distribution through licensed channels while maintaining issuer liability and requiring intermediaries to provide product disclosure statements to ensure transparency.

Optimism has outlined its timeline for Superchain Upgrade 16a, a safety-focused upgrade designed to give chains more flexibility and developers better tools. Optimism has unveiled plans for its next major network upgrade which aims to boost safety and flexibility across…