Author: Oscar
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BlackRock Joins Telegram’s $1.5B Bond Sale Amid Growing Institutional Interest
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Telegram, the encrypted messaging platform with a strong presence in the crypto ecosystem, is set to raise $1.5 billion through a high-profile bond issuance. The deal has attracted major institutional investors, including BlackRock, Abu Dhabi’s Mubadala, and Citadel, as Telegram seeks to bolster its financial position and pave the way for future opportunities. A High-Yield…
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Telegram Partners with Elon Musk’s xAI to Integrate Grok Chatbot
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In a significant move for the AI and messaging industries, Telegram has secured a one-year partnership with Elon Musk‘s xAI to integrate the Grok chatbot into its platform. This deal not only broadens Telegram’s monetization strategies but also positions it as a critical player in the AI chatbot ecosystem. The Deal in Detail The partnership,…
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SharpLink Gaming Secures $425M for Ethereum Acquisition
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US-based SharpLink Gaming has unveiled ambitious plans to adopt Ethereum (ETH) as its primary treasury asset. This strategic move is backed by a substantial $425 million capital raise via a private stock placement, underscoring the growing institutional interest in Ethereum. The announcement comes amid heightened attention from large investors toward Ethereum, positioning it as a…
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Dubai Selects XRP Ledger for Groundbreaking Real Estate Tokenization
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Dubai’s real estate market is embracing blockchain technology in a groundbreaking move, with the Dubai Land Department (DLD) selecting the XRP Ledger (XRPL) as the settlement layer for a pilot program that tokenizes property title deeds. This initiative, part of the Real Estate Evolution Space Initiative (REES), integrates blockchain with traditional land registry systems, aiming…
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Cambodia’s $19B Crypto-Fuelled Scam Empire Exposed
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A new report by the UK-based Humanity Research Consultancy (HRC) has exposed a sprawling $19 billion fraud ecosystem operating out of Cambodia, placing the Southeast Asian nation at the centre of a global scam economy driven by cryptocurrency. The report, published on 16 May, alleges that powerful members of Cambodia’s ruling party are deeply entwined…
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Pakistan Establishes PDAA to Advance Digital Finance and Blockchain Innovation
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Pakistan has taken a significant step towards embracing digital finance and blockchain technology by creating the Pakistan Digital Assets Authority (PDAA). This newly formed body aims to regulate and promote cryptocurrencies, blockchain applications, and digital financial systems within the country. The initiative is poised to position Pakistan as a leader in emerging financial technologies while…
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FIFA Partners with Avalanche: A Bold Step Towards Web3 Adoption
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FIFA, the world’s governing body for football, has announced a groundbreaking partnership with Avalanche (AVAX) to build its own dedicated layer-1 blockchain. This strategic collaboration signifies FIFA’s progressive shift into blockchain technology, aiming to enhance scalability and embrace Web3 innovation. With its high-performance architecture, Avalanche emerges as the ideal partner for FIFA’s ambitious blockchain initiatives.…
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Bitcoin Hits New ATH Near $110K: What’s Next for the Crypto Giant?
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Bitcoin has once again made headlines as it shattered its previous all-time high (ATH), touching $109,845 and pushing the boundaries of bullish momentum. After surpassing the earlier resistance at $109,588, the flagship cryptocurrency has entered a fresh price discovery phase, marked by growing institutional confidence and strong market fundamentals. This surge comes on the back…
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Texas House Passes Bitcoin Treasury Bill with Strong Majority
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The Texas House of Representatives has taken a pivotal step in securing the state’s digital future by passing Senate Bill 21 (SB 21), which proposes the creation of a Strategic Bitcoin Reserve. This legislation positions Texas as a trailblazer in integrating cryptocurrency into state-level financial strategies, signaling a bold embrace of digital assets. A Historic…
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Jamie Dimon Criticises Crypto and Regulation Excess, Yet Accepts Market Demand
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At JPMorgan Chase’s recent investor day, CEO Jamie Dimon delivered a sharp critique of financial regulators, arguing that in the years following the 2007–08 financial crisis, oversight had become excessively burdensome and counterproductive. Dimon claimed that regulatory bodies “went so far beyond what was reasonable that they should be embarrassed.” According to him, this regulatory…