Tag: Crypto
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Sam Bankman-Fried Calls Handing Over FTX His “Biggest Mistake”
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Sam Bankman-Fried, the jailed founder of the collapsed cryptocurrency exchange FTX, has claimed that his “single biggest mistake” during the company’s dramatic downfall was handing control of the firm to its new management. The decision, he said, destroyed his last chance to save the company before it declared bankruptcy. The Decision That Changed Everything In…
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Kazakhstan Balances Digital Tenge and Evo Stablecoin in Push to Lead Central Asia’s Crypto Market
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Kazakhstan is advancing a dual-track approach to digital assets by piloting its central bank digital currency (CBDC), the digital tenge, alongside a state-backed stablecoin called Evo. The move underlines the country’s ambition to become Central Asia’s leading hub for cryptocurrency and blockchain innovation. Evo Stablecoin Joins Digital Tenge Pilot In September, the National Bank of…
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Bitcoin Futures Turn Aggressively Long as $110K Gap Remains Unfilled
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Bitcoin futures traders are showing renewed bullishness this October as whales return to the market. Fresh data highlights a sharp rise in buy volume, even as the unfilled $110,000 gap on the Chicago Mercantile Exchange (CME) continues to attract traders’ attention. Futures Buyers Drive Market Momentum October has brought a surge in futures buy volume,…
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Crypto Round-Up: Visa Trials Stablecoins, SEC Offers Clarity on DePIN Tokens, Kazakhstan Launches State-Backed Fund
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The cryptocurrency sector witnessed a series of major developments today. Visa introduced a pilot using stablecoins to speed up cross-border payments, the US Securities and Exchange Commission (SEC) clarified its position on Decentralised Physical Infrastructure Network (DePIN) tokens, and Kazakhstan unveiled its first state-backed crypto fund in partnership with Binance. Visa Pilots Stablecoin Payments for…
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IoTeX Launches Real-World AI Foundry to Challenge Centralised Systems
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Blockchain Meets Artificial Intelligence IoTeX has unveiled the Real-World AI Foundry, a global initiative that combines blockchain and artificial intelligence to create open and decentralised systems. Announced at the R3al World AI Summit during the Singapore Token2049 conference, the project brings together leading partners including Vodafone, the Blockchain Association, Filecoin, Theta Network and Aethir. The…
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Swift partners with Consensys to launch blockchain settlement system
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Swift has announced a major collaboration with Ethereum ecosystem developer Consensys and more than 30 financial institutions to build a blockchain-based settlement platform. The new system is designed to enable real-time 24/7 cross-border payments and expand the role of the Swift network into the digital asset economy. Building a new digital backbone for global finance…
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UK Finance Launches Tokenised Deposit Pilot as BlackRock and Hashdex Expand Crypto Offerings
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The cryptocurrency market witnessed several key developments today, with major moves from UK Finance, BlackRock and Hashdex that highlight the growing integration of digital assets into mainstream finance. UK Finance Begins Tokenised Sterling Deposit Pilot UK Finance, a trade association representing more than 300 financial services firms, has initiated a pilot for tokenised sterling deposits…
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Eric Trump Says Stablecoins Could “Save the US Dollar”
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Eric Trump, son of US President Donald Trump, has defended his family’s involvement in cryptocurrency, claiming that stablecoins could preserve the strength of the US dollar. In an interview with the New York Post, he highlighted his confidence that stablecoins would “save the US dollar” and pointed to his family’s own crypto project, World Liberty…
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Turning Hype into Signals: How Grok 4 is Changing Crypto Research
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The cryptocurrency market moves at breakneck speed, shaped as much by online chatter as by hard fundamentals. For investors, the problem is rarely a lack of information but rather an overwhelming flood of it. Social media feeds, news updates and onchain dashboards deliver a relentless stream that is nearly impossible to track manually. XAI’s Grok…
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MiCA Faces Early Challenges as National Regulators Diverge on Passporting
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The European Union’s flagship Markets in Crypto-Assets (MiCA) regulation was introduced with the promise of creating a unified crypto market. Less than a year after its rollout, however, diverging national approaches are raising questions about whether the law can deliver on its ambitious goals. A Unified Market Under Strain MiCA was designed to simplify operations…