Crypto.com plans to file Cronos ETF, launch stablecoin in 2025
The cryptocurrency exchange recently secured a MiCA license, allowing it to provide services throughout the European Economic Area.
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Rising Wedge Breakdown Threatens $7K Bitcoin Price Target
On Wednesday Bitcoin (BTC) price surged higher alongside traditional markets which were likely propelled by the Senate’s approval of the $2 trillion economic stimulus bill aimed at providing relief to businesses and workers impacted by the coronavirus pandemic. The price rejected at $6,959, just a stretch away from $7,000 before pulling back to $6,491. Crypto market…

Gov’t says crypto miners consume 2% of total electricity in Russia
Crypto mining falls under the “gray zone” in Russia, which means even though it's not banned, it doesn’t fall under the purview of law which could pose risks for those involved. 480 Total views 8 Total shares Crypto miners account for two percent of the total electricity consumption in Russia, according to the latest government…

Debt ceiling crisis: Best practices to navigate this market
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SEC acknowledges filing for Grayscale’s spot Cardano ETF
NYSE Arca has filed a proposal with the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange.

UK Bank Standard Chartered Uses Blockchain for Supply Chain Finance
London-based bank and financial services firm Standard Chartered has completed its first joint blockchain-based supply chain financing transaction.Standard Chartered announced on Aug. 5 that the institution successfully ran their first joint deep-tier supply chain financing transaction in partnership with China-based supply chain financing service provider Linklogis.The news follows a memorandum of understanding signed by Standard…

Scammer returns $9.3M DAI to victim 10 months after phishing them
In a strange turn of events, a phishing scammer has returned a large portion of funds it stole from a victim last September.

US Bitcoin ETFs lose $1.14B in two weeks amid US-China trade tensions
US Bitcoin ETFs saw $1.14 billion in outflows over two weeks, the largest since their launch, as trade tensions and monetary policy concerns weighed on investor sentiment.

Hong Kong invests $125M in AI, expands Cyberport’s supercomputing power
Hong Kong’s Cyberport, a government-backed business hub focused on Web3, blockchain and artificial intelligence, is ramping up its investment in emerging technologies to position the city as a global tech leader. On Feb. 27, Cyberport hosted the “AI Safety, Trust, and Responsibility” forum with international AI academic institutions to discuss AI governance, safety and responsible