Dubai’s balancing act, supporting innovation while mandating robust compliance, could serve as a blueprint for emerging economies seeking to unlock the value of Web3 without exposing their financial systems to undue risk. Ripple has officially launched its blockchain-based cross-border payments platform in the United Arab Emirates, marking a key milestone for crypto adoption in the … Read more
Binance, the world’s largest crypto exchange, has moved to dismiss a $1.76 billion clawback lawsuit filed by the estate of the now-defunct FTX exchange. In court documents filed on Friday (May 16), Binance argues that the claim lacks merit and states that the court has zero jurisdiction over the case. 🚨 BREAKING: Binance moves to … Read more
XRP Futures ETF has a pretty impressive launch day, clocking $5.8 million in trading volumes, while beating the likes of Ethereum futures ETF, which saw $1.92 million in combined trading volume during the launch day. This clearly shows the demand for XRP institutional products and could be a stepping stone for the approval of spot … Read more
Crypto.com has partnered with Canary Capital Group LLC to establish the Canary CRO Trust, a private investment vehicle designed for U.S. investors seeking exposure to CRO, the native token of the Cronos network. This trust aims to track CRO’s market price, providing a straightforward and transparent method for U.S. investors to engage with the Cronos … Read more
Galaxy Digital has finally debuted on Nasdaq, starting the trading of its GLXY shares on Friday. The event of the financial services company also in digital assets by Mike Novogratz arrived in a general week of bull crypto, along with other important events from other industry companies: eToro and Coinbase. Galaxy Digital and the debut … Read more
Binance has filed a motion to dismiss a $1.76 billion lawsuit brought by the FTX estate, accusing the defunct crypto exchange of trying to deflect blame for its own failure. Filed on May 16 in the Delaware Bankruptcy Court, Binance’s legal team called the suit “legally deficient,” stating that FTX’s collapse was not triggered by … Read more
Key Notes DigiAsia aims to retain Bitcoin as a long-term digital reserve asset while pursuing yield-generating strategies like institutional lending or staking. DigiAsia joins a growing list of companies expanding their Bitcoin holdings, alongside players like Strategy and Metaplanet. Co-CEO Prashant Gokarn emphasized that the move solidifies DigiAsia’s leadership in institutional crypto adoption and fintech … Read more
This content is provided by a sponsor. PRESS RELEASE. AEON, the next-generation crypto payment framework, has announced support for KuCoin Pay, a Web3-native crypto payment channel designed to bridge traditional retail and the crypto economy. This support enables AEON users to seamlessly spend their crypto to purchase goods and services both online and in physical … Read more
Ben Allen has been named the third recipient of the Maelstrom Bitcoin Developer Grant, the family office of Arthur Hayes announced in a recent press release sent to Bitcoin Magazine. Over the next year, Allen will focus on enhancing the Payjoin Dev Kit project, a privacy-focused Bitcoin transaction tool designed to improve user anonymity and … Read more
“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend … Read more