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Hong Kong Warns Against ‘Stablecoins Craze’ As Two Arrested In $146.5M Laundering Bust

The Hong Kong Monetary Authority (HKMA) has warned against excessive hype around stablecoins and expressed concerns about stablecoin speculation in the market. The concerns have emerged just days before Hong Kong’s stablecoin ordinance, which will come into effect from 1 August 2025.  Calling the ‘stablecoin craze’ an over-conceptualization, HKMA CEO Eddie Yue said, “We need … Read more

The Demise of China’s Hottest Online Shopping Craze

During the height of the pandemic, a unique kind of online shopping became one of the hottest trends in China’s tech industry. Called “community group buying,” it allowed consumers to save money on everything from apples to iPhones by placing bulk orders together with their friends and family. The model, which was kind of like … Read more

Amazon’s AWS has joined the AI agent craze. Now the real work of showing Fortune 500 companies how to actually use them begins

Amazon Web Services joined the agentic AI frenzy in a big way this week, revealing at a New York City event Wednesday a host of services and tools dubbed Agentcore that let technologists build and deploy so-called AI agents capable of automating internal tasks while potentially overhauling the way consumers interact with online businesses too. … Read more

Will this altcoin ignite crypto’s next craze?

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin stabilizes and Ethereum matures, early-stage protocols like Neo Pepe are emerging as crypto’s next breakout bets. Bitcoin set the stage. Ethereum expanded the horizons. Now, the market eagerly anticipates what’s next. While … Read more

Sui rises 11% in a day, as memecoin craze gains momentum

Sui has experienced rising momentum, leading to a strong technical outlook, largely thanks to the memecoin craze on the network. SUI (SUI) is gaining significant momentum, both in terms of its price and network activity. On April 22, SUI surged by 11.86% to reach $2.43. The price rally followed a key technical breakout and was … Read more

Torpedo bats craze gets thumbs up from MLB commissioner

MLB Commissioner Rob Manfred lent his support to the so-called torpedo bats, which have captured the attention of baseball fans and pundits since the start of the 2025 season. The bats were first highlighted during the New York Yankees’ opening day game against the Milwaukee Brewers. Eyebrows were raised further when New York mashed nine … Read more

Scammers deployed 6,800 fake tokens amid TRUMP meme coin craze: Blockaid

Following the TRUMP meme coin’s $72 billion debut, the crypto market was hit with a flood of scams, as 6,800 fraudulent tokens and 91 fake dApps rapidly appeared, analysts say. What starts with a surge of excitement can quickly turn into chaos. The launch of the Official Trump (TRUMP) meme coin in January not only … Read more

Baby boomers and ‘Ozempic face’ drive injectables craze

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Baby boomers and users of weight loss drugs suffering from “facial sagging” are flocking to injectable aesthetic treatments and boosting sales, according to dermatology group Galderma.  The Swiss company, which was spun out from Nestlé … Read more

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