Iran’s central bank signals the imminent launch of the digital rial, a central bank digital currency (CBDC), to streamline payments and bolster international financial integration despite sanctions. Iran’s Central Bank Sends Clear Signals on the Digital Rial Breakthrough Central Bank of Iran (CBI) Governor Mohammad Reza Farzin discussed the digital rial, Iran’s central bank digital […]
$113B Asset Manager Files to Launch XRP ETF in US Amid Shifting Crypto Policies
Global asset manager Wisdomtree has filed for an XRP ETF in Delaware, marking a potential breakthrough amid regulatory shifts. Regulatory Shifts Loom as XRP ETF Eyes Breakthrough Moment Global investment management firm Wisdomtree, renowned for its extensive range of exchange-traded funds (ETFs), has filed with the state of Delaware to establish an XRP ETF. Fox […]
Final Countdown for Crypto All-Stars as $5M+ Presale Enters Last Month Before Exchange Launch
Crypto All-Stars (STARS) has become one of the biggest presale events of 2024. Investors are buzzing about the project’s take on meme coin staking, which has helped it raise over $ 5 million in early funding. With just four weeks until the STARS token presale ends, could this be the last chance to get …
Mog Coin Price Pumps 22% as New Meme Coin CatSlap Explodes Following DEX Launch
Mog Coin (MOG) is one of the market’s top performers right now. The coin has gained 22% in the past 24 hours, now just below last week’s all-time high. Meanwhile, newer cat coins like CatSlap (SLAP) are also impressing – with many traders believing SLAP could be about to take the market by storm. Mog […]
Record-Breaking Pepe Unchained Presale Surges Past $40M With Just 23 Days Left Before Exchange Launch
Crypto investors are buzzing as Pepe Unchained (PEPU) prepares to launch what might be the most talked-about meme coin of 2024. With its presale having passed the $ 40 million mark, Pepe Unchained has entered the final countdown before its long-awaited debut on a top exchange. FOMO Ramps Up as Pepe Unchained’s Presale Smashes …
FanDuel Co-founders Launch Crypto Casino and Sportsbook Company, BetHog, and Secure $6M Seed Round
PRESS RELEASE. NEW YORK, NY (November 12, 2024) – BetHog, a new cryptocurrency casino and sportsbook, announces its public launch with $ 6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors including Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC …
Withanage Foundation Bets Big on African AI With Launch of Research, Investment Program
The Withanage Foundation is launching a research and development program and $ 500 million investment vehicle to support AI development in African agriculture, finance, and governance. AI for Data-Driven Innovation The Swiss-based Withanage Foundation has launched a research and development program to support Africa-focused artificial intelligence (AI) platforms. The launch precedes the expected announcement …
JPMorgan Set to Launch Instant Settlement for Euro-Dollar Conversions
The bank’s token, JPM Coin, which already processes $ 2 billion in transactions every day, will be used for the settlement processes. JPMorgan Leveraging Blockchain for Cross-Border Settlement JPMorgan, the largest bank in the U.S. has set out plans to provide quick settlement for currency exchanges between the dollar and the euro. Over time, …
Coinbase Derivatives to Launch Silver and Stellar Futures
Coinbase Derivatives is expanding its portfolio of CFTC-regulated products with the introduction of futures contracts for silver (SLR) and stellar (XLM) in retail sizes on November 11. More Options for Retail Traders With Silver (SLR) and Stellar (XLM) Futures The latest addition to Coinbase Derivatives which already includes bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), […]
Abu Dhabi Firms Launch Investment Fund to Tokenize U.S. Treasury Bill ETFs
Two Abu Dhabi firms, Realize and Neovision Wealth Management, have launched a fund that tokenizes U.S. Treasury bill exchange-traded funds. The fund aims to attract investors from the Gulf, Europe, and Southeast Asia. Southeast Asia Investors to Dominate Fund Abu Dhabi firms Realize and Neovision Wealth Management have unveiled an investment fund that acquires units […]
Major Hong Kong Exchange Group to Launch Virtual Asset Index Series
HKEX, a major global exchange group, is launching a new index series for Bitcoin and Ethereum to provide a transparent and reliable benchmark for pricing these cryptocurrencies in the Asian time zone. The index series adheres to EU regulations and aims to foster a dynamic virtual asset ecosystem in Hong Kong. Transparent Benchmark Hong Kong […]
Will Banks Survive? Bank of England Prepares to Launch CBDC if Innovation Stalls
The Bank of England cautions it could deploy a digital currency if commercial banks falter, signaling a potential upheaval in the future of money. Digital Payments Showdown: BOE Set to Roll Out CBDC if Banks Slip Behind Bank of England (BOE) Governor Andrew Bailey shared his outlook on the evolution of digital payments in a […]
Bitget Partners With Solayer to Launch CEX-based Solana (SOL) Liquid Staking Services
Victoria, Seychelles, 22nd October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of its Solana (SOL) liquid staking service, in partnership with Solayer, a leading restaking network on Solana. This service introduces BGSOL, a token that users receive in exchange for staking their SOL assets, providing them with increased […]
Russia Vows to Launch Domestic Payment System to Render Western Sanctions Obsolete
Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to achieve a principles-based system instead of the current one managed by Western institutions. Prime Minister States Russia Will […]
Network State Praxis Secures $525M Financing to Launch New City Meant to Attract Crypto Entrepreneurs and Promote ‘Western Civilization’
Praxis has announced a significant milestone, securing $ 525 million in financing to establish a new city designed to draw in crypto entrepreneurs and champion the ideals of Western Civilization. With a robust community of over 14,000 members across 84 countries and a collective valuation of more than $ 400 billion, the network …