Thursday saw a mixed performance in Asian markets as investors navigated a landscape shaped by economic uncertainty, policy anticipation, and evolving trade dynamics. Chinese equities underperformed across the region, while markets in Japan and Australia made gains. The day’s developments highlighted the growing tension between optimism for stimulus measures and lingering trade concerns. Markets in…
The United States is poised for a significant shift in its approach to cryptocurrency regulation under the incoming administration of President-elect Donald Trump. Reports indicate that the Commodity Futures Trading Commission (CFTC) may be tasked with overseeing the rapidly growing cryptocurrency industry, a role currently dominated by the Securities and Exchange Commission (SEC). This development…
The Trailblazer AI Grant Program aims to attract innovative AI builders to Arbitrum by providing eligible projects with up to $10,000 in funding.
In a significant development for the cryptocurrency industry, Tether, the issuer of the world’s largest stablecoin USDT, has announced the discontinuation of its Euro-pegged stablecoin, EUR₮. The decision, revealed in a blog post on November 27, reflects Tether’s response to evolving regulatory requirements in the European Union (EU) and its focus on compliance with the…
China-based SOS Limited, a publicly traded technology and blockchain solutions provider, has announced a bold step toward incorporating Bitcoin into its investment strategy.
Kraken, one of the leading cryptocurrency exchanges, has officially announced the shutdown of its NFT marketplace, signaling a shift in its business strategy. The platform, which launched in beta in November 2022, will transition into “withdrawal-only” mode starting November 27, 2024, and will fully cease operations by February 27, 2025. This decision marks a pivotal…
Central Bank of Nigeria (CBN) has announced an increase in the Monetary Policy Rate (MPR) to 27.50%, up from 27.25%, as part of ongoing efforts to curb rising inflation in the country.
The new feature allows OKX customers in Singapore to deposit and withdraw funds seamlessly without incurring fees, enhancing accessibility to cryptocurrency trading.
Binance, one of the world’s leading cryptocurrency exchanges, disclosed plans to delist five tokens following its periodic digital asset review
Nexo, a leading name in the crypto-financial services space, has unveiled its latest innovation: Personal USD Accounts. This service allows clients in over 150 countries to manage U.S. dollar transfers seamlessly through accounts registered in their names, eliminating the need for intermediary accounts. The move marks a significant step in integrating traditional finance with the…
