The concept of a Russian ruble stablecoin received special attention at a major local crypto event, the Blockchain Forum in Moscow, with key industry executives reflecting on some of the core features a ruble-backed stablecoin might require. Sergey Mendeleev, founder of the digital settlement exchange Exved and inactive founder of the sanctioned Garantex exchange, put … Read more
FTX Trading Ltd. and the FTX Recovery Trust have filed lawsuits against NFT Stars Limited and KUROSEMI INC., the company behind the gaming platform Delysium, for failing to deliver tokens owed to the FTX estate. The action was announced in an Apr. 28 press release. The complaints, filed in a Delaware bankruptcy court, accuse the … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the recently approved XRP ETF might be the starting point for a larger participation of Ripple in Latin America. Latam Insights Encore: XRP ETF Gives Ripple the First Regulated Product … Read more
Key Points: Twenty One Capital’s acquisition of 42,000 BTC highlights growing institutional interest. The Bitcoin ETF market sees a significant net inflow, tightening the supply. Bitcoin’s correlation with other markets may evolve, impacting future asset valuation. Twenty One Capital announces the acquisition of 42,000 Bitcoin, valued at $4 billion. Growing institutional interest in Bitcoin indicates … Read more
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin. Abu Dhabi’s sovereign wealth fund ADQ, the United Arab Emirates’ largest bank, First Abu Dhabi Bank (FAB), and the massive conglomerate the International Holding Company, have partnered to launch the stablecoin, pending regulatory … Read more
Kamino Finance officially integrated Chainlink Data Streams to improve real-time market data quality and reduce latency. Chainlink continues expanding its influence with new integrations, supporting over 1,500 dApps across DeFi, NFTs, and real-world asset tokenization. Kamino Finance has officially announced the integration of Chainlink Data Streams into its infrastructure. This is not just a casual … Read more
Key Points: Yua Mikami launches a meme coin on Solana, leveraging her celebrity status. Excitement grows, potential for market volatility. Minimal liquidity, indicates early-stage development. Yua Mikami announced on April 29 that she will launch the “Mikami” meme coin on the Solana network tomorrow. Yua Mikami, a well-known Japanese celebrity, confirmed via her X platform … Read more
After a two-year break, crypto lender Nexo is gearing up for a U.S. comeback. The announcement came at a flashy business event in Sofia, Bulgaria, with Donald Trump Jr. making a surprise appearance to lend some extra spotlight. The Nexo US return isn’t just about crypto lending anymore; they’re rolling out AI tools and aiming … Read more
In a first for the United States, the Arizona legislature has officially approved plans to create a strategic Bitcoin reserve. Thanks to the passage of Senate Bills 1025 and 1373, Arizona can now invest up to 10 percent of its massive $31.5 billion in public funds into digital assets, with Bitcoin taking the lead. The … Read more
The renowned PolitiFi token TRUMP coin has recently seen a surge in price and investor activity, emerging as a hot buzz within the crypto market amid Donald Trump’s dinner invitation to its holders. However, a peculiar dumping spree taken on by the meme token’s team has sparked concerns market-wide lately. On-chain statistics indicated that the … Read more