TokenPost reporter
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Stories by John Kim
- Bitget To Restore Withdrawals Across All Assets By Oct. 2
Bitcoin withdrawals were scheduled to reopen first, followed by Ether, Tether and other assets across multiple networks.
· Business
- RedotPay Completes Pre-IPO Audit as It Targets Valuation Above $5B
The stablecoin payments company said its IPO plans have not been delayed as it prepares for a potential U.S. listing.
· Business
- Vanguard, NXP Evaluate Second Singapore Chip Fab Amid Tight Supply
VSMC held the opening ceremony for its first 12-inch Singapore fab on Sept. 28 after about 22 months of construction beginning in December 2024.
· Business
- Huobi HTX to Open JPYC/USDT Spot Trading on Sept. 28
Deposits will open 3 a.m. ET (0700 UTC), while withdrawals are scheduled to begin Sept. 29 at 9 a.m. ET (1300 UTC).
· Business
- Strategy Sets Oct. 28 Vote on Daily Dividends for Four Preferred Securities
The proposal covers STRF, STRC, STRK and STRD and requires approval from holders of a majority of the voting power of Strategy’s outstanding common stock.
· Business
- Circle Co-Founder Leaves Board as CFO Plans Year-End Departure
P. Sean Neville’s resignation is effective immediately, while Jeremy Fox-Geen is expected to remain through Dec. 31 unless a successor is appointed sooner.
· Business
- Quant Selected for U.S. Tokenized Deposit Network as QNT Surges
The Clearing House plans to connect 25 major financial institutions through a network expected to open in the first half of 2027.
· Business
- The Smarter Web Company Raises £1.89 Million in Share Placement
The London-listed technology company placed 2,710,442 ordinary shares at approximately £0.70 each, before expenses.
· Business
- Micron Revenue Forecast Reaches $52.4 Billion as Buyback Limits End
Fiscal fourth-quarter revenue is projected to exceed guidance, with gross margin at 87.6% as memory pricing strengthens.
· Business
- Upbit Adds CASHCAT Trading Across KRW, BTC and USDT Markets
Trading is scheduled to begin Sept. 28 at 4 a.m. ET (08:00 UTC), expanding access to the token.
· Business
- Upbit Adds CASHCAT Trading Support With Three New Trading Pairs
The South Korean exchange will support CASHCAT trading against the Korean won, Bitcoin and USDT.
· Business
- Binance Will Support SPCXB and QQQB Airdrops for Token Holders
MarsCoin (MARSCOIN) and 牛来 holders will receive rewards through on-chain distributions and Binance platform rewards, with the first rewards expected in early October.
· Business
- Bithumb Plans Listings for Quark.ai’s Q Token and PYUSD
Bithumb announced the planned listings Sept. 28.
· Business
- Bithumb to Add Korean-Won Trading Pairs for Q and PYUSD
The planned additions cover Q and PayPal’s PYUSD stablecoin, expanding Bithumb’s markets quoted in South Korea’s currency.
· Business
- Circle Recruits Korea Executive to Expand Its Stablecoin Ecosystem
The South Korea-based role will oversee market-entry planning, partnerships, regulatory monitoring and potential uses for USD Coin (USDC).
· Business
- OKX Plans Doppler Finance XDP Spot Listing on Sept. 28
The listing will add XDP to OKX’s spot market, expanding access to trading for the token.
· Business
- Capital B Plans Bitcoin Accumulation Through Capital-Market Financing
The French Bitcoin treasury company held 3,525 BTC as of Sept. 14 and is using equity offerings, warrants and other capital-market tools to fund purchases.
· Business
- China’s Industrial Profit Growth Slows to 4.2% in August
Profit growth at large industrial firms eased to 15.7% through August from 17.6% through July, marking a fourth consecutive monthly slowdown.
· Business
- Northern Star Rejects Gold Fields’ $27 Billion Takeover Bid
Shares of the Australian gold miner rose more than 9% after its board rejected the proposal, calling it materially below the company’s value.
· Business
- Remittix Announces Nov. 24 RTX Launch, Outlines $18,000 Ether Scenario
The planned token debut follows contributions above $32 million, while U.S. spot Ether ETFs recorded $170.6 million in net inflows over two days.
· Business
- OpenAI Renames ChatGPT Pro’s 5x and 20x Plans on Pricing Page
The existing plans are now called Pro Standard and Pro More, while detailed usage descriptions were removed from the pricing page.
· Business
- MARA Pays $100 Million Deposit for Texas Data Center Project
The planned Matagorda County site spans more than 1,200 acres and is designed for high-performance computing and Bitcoin mining, with up to 2 gigawatts of power capacity.
· Business
- Monochrome Exchange Raises More Than 5.5M USDT in MCR IEO
The exchange was founded by Jeff Yew, the former CEO of Binance Australia. The fundraising total was recorded as of Sept. 27.
· Business
- Mastercard Completes BVNK Acquisition to Expand Stablecoin Rails
The deal adds infrastructure for fiat and digital currencies as Mastercard expands machine-payment systems alongside its card network.
· Business
- Binance Delistings Put Low FDV and Open Interest Under the Lens
The exchange removed 42 spot tokens and 28 U.S.-dollar-margined perpetual contracts through Aug. 11, 2026, with low FDV and open interest linked to higher removal rates.
· Business
- BIX Targets 49-State U.S. Crypto Card Expansion Within Six to Eight Months
The card is available to eligible residents in 29 states and supports USDC and USDT spending through a self-custody wallet.
· Business
- Huobi HTX Sets PAID/USDT Spot and Grid Trading for Sept. 27
Deposits are available now, while PAID withdrawals are scheduled to open Sept. 28 at 6 a.m. ET (10:00 UTC).
· Business
- Broadcom Lifts 2026 AI Semiconductor Revenue Forecast to $58 Billion
The company also projected approximately $115 billion in AI semiconductor revenue for fiscal 2027 and $230 billion for fiscal 2028.
· Business
- U.S. Military Assists Energy Shipments Through Hormuz Strait
Nearly 13 million barrels of oil pass through the strategic waterway each day, alongside natural gas and fertilizer shipments.
· Business
- India’s State Refiners Raise LPG Output as Gulf Supply Risks Persist
September production was estimated at about 44,000 tons per day, nearly 20% above August, as India seeks alternative cargoes and prepares for seasonal demand.
· Business
- CleanSpark Completes $2.276 Billion Senior Secured Note Offering
The notes carry a 7.875% annual interest rate and mature in 2031.
· Business
- Up to 77% of Institutions Expect Tokenized Collateral Use in 2026
Tokenized cash, money-market funds and government bonds are moving toward broader institutional use as collateral managers seek faster, more flexible settlement.
· Business
- Socure Adds Identity Checks to Circle’s Arc Onramp for USD Coin (USDC)
RiskOS is being used to verify users and prevent fraud as applications on Arc connect fiat payments to USD Coin (USDC).
· Business
- Strategy and Strive Add 2,305 Bitcoin in Latest Weekly Disclosures
Strategy’s holdings reached 846,000 Bitcoin, while Strive’s treasury rose to 26,355 BTC.
· Business
- CleanSpark Closes $2.276 Billion Debt Offering for Data-Center Expansion
The Bitcoin miner’s subsidiary issued 7.875% senior secured notes due 2031 to fund its Sandersville Facility, reimburse equity contributions and build debt-service reserves.
· Business
- Syria Begins Gasoline Shipments to Iraq Through Baniyas Amid Hormuz Closure
The first cargo totaled about 32,800 metric tons, with 77 tanker trucks heading toward Iraq under a transit contract with UCC Holding.
· Business
- Morpho Blames AI Tool for Deleted Post Questioning Curator Model
The post said most curator businesses cannot sustain themselves through vault fees and depend on private distribution agreements.
· Business
- Riot Platforms Repays $200 Million Coinbase Loan, Frees 5,821 BTC
The Sept. 21 repayment ended a secured credit facility with a fixed 6.15% annual interest rate that was due in April 2027.
· Business
- Riot Platforms Repays $200 Million Bitcoin-Backed Facility Early
The facility carried a fixed 6.15% annual interest rate and was scheduled to mature in April 2027.
· Business
- Aave’s Stani Says Protocol Could Eventually Add Energy as Collateral
Potential future categories include solar energy, batteries, graphics processing units, robots and space infrastructure, with the transition envisioned through 2050.
· Business