Key Takeaways In the increasingly digitalized world of financial infrastructure, MetaComp launched StableX, an intelligent foreign exchange payment platform specifically designed for the needs of cross-border enterprises. Regulated by Singapore’s Monetary Authority, StableX was conceptualized by MetaComp with the aim of solving long-standing inefficiencies of the $7-trillion-a-day FX market. Unlike fragmented systems stuck in the […]
World
GDC to Invest $300 million in Bitcoin and TRUMP Tokens
Key Takeaways: Nasdaq-listed GD Culture Group Limited (GDC), in collaboration with its subsidiary AI Catalysis Corp., has finalized a significant financing arrangement aimed at repositioning its treasury structure. The company has signed a common stock purchase agreement with an accredited investor registered in the British Virgin Islands, paving the way for up to $300 million […]
Amber Premium Launches $100M Reserve for Crypto Growth
Key Takeaways: Amber International Holding Limited, operating under the Amber Premium brand, has formally announced the launch of a groundbreaking $100 million Crypto Ecosystem Reserve. This initiative is not simply a traditional investment fund; it is a strategically designed reserve, enhanced by artificial intelligence, with the objective of dynamically investing in and supporting high-potential blockchain […]
Trump Targets 20 Nations in New Tariff Deal Talks
Key Takeaways: The Trump administration has initiated trade talks with an unconventional blend of major exporters and smaller economies, aiming to create a set of agreements that could serve as models for future negotiations. The early-phase trade strategy includes approximately 20 countries, ranging from economic heavyweights like Japan and South Korea to smaller players such […]
New CEO Nathan Chow Leads BitMart Toward Secure Crypto Exchange Evolution
Key Takeaways: BitMart’s latest chapter opens with the appointment of Nathan (Nenter) Chow as CEO, a seasoned executive whose 17-year journey through traditional finance at JP Morgan and Mitsubishi UFJ is now guiding a transition into the frontier of blockchain technology. Chow bases his philosophy on applying decentralization in an attempt to address inefficiencies that […]
KuCoin’s Bitcoin Reserves Plunge 77%—Is a Liquidity Crisis Next?
Since June 2023, KuCoin’s Bitcoin reserves have dramatically declined by 77%. KuCoin implemented KYC requirements, after which its Bitcoin reserve experienced a significant downward shift. Users withdrew more than 14,000 BTC from the platform as privacy concerns grew intensely during that period. KuCoin Sees Record Bitcoin Withdrawals According to the Onchain School data released on […]
Gemini Lists Ripple’s RLUSD Stablecoin Amid Ripple’s Massive $25M Donation to U.S Education
Gemini, a top crypto exchange, has listed Ripple’s RLUSD stablecoin for trading transactions, deposits, and withdrawals. This represents an important step in the firm’s effort to expand the stablecoin adoption across the world. Gemini is the 15th crypto exchange to list RLUSD on its platform after a list of other platforms. The RLUSD stablecoin has […]
DeFi Dev Corp. Acquires Solana Validator with $3.5M to Boost $SOL Exposure and Strategy
DeFi Development Corp. (Nasdaq: DFDV), a leading entity in the Solana (SOL) accumulation public market, has agreed to acquire a Solana validator business. The deal, valued at $3.5 million, will be completed through a mix of $3 million in restricted stock and $500,000 in cash. The acquired business, which holds approximately 500,000 SOL tokens and […]
Binance Brings Crypto Payments to Kyrgyzstan Through New Deal
Binance has partnered with the government of Kyrgyzstan to introduce crypto payment systems and launch blockchain education initiatives within the country. The partnership focuses on building crypto payment systems and starting programs to teach people about blockchain. Through this collaboration, Kyrgyzstan is placing its foot forward and embracing blockchain technology while also building a more […]
KuCoin Plans Return to South Korea After Regulatory Compliance Success
Cryptocurrency exchange KuCoin has revealed that it is considering returning to South Korea after its previous exit due to regulations ordered by local regulators. The return is announced as the company focuses on compliance with key jurisdictions such as the United States, the European Union, China, and India. KuCoin’s Chief Executive Officer, BC Wong, said […]