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Pi community sentiment has been shaken by resurfaced allegations against its founders, putting bullish PI coin price predictions under pressure. 2020 court filings allege that PI’s married co-founders allowed personal disputes to derail the project, raising questions about leadership, transparency, and internal governance of the altcoin. The plaintiff, former executive McPhilip, argued that these conflicts…
Tether may become the world’s most profitable company if the stablecoin issuer continues its explosive growth trajectory, according to Bitwise Chief Investment Officer Matt Hougan. In a September 29 investor memo, Hougan suggests that Tether could surpass even Saudi Aramco’s record-breaking $120 billion profit from 2024, which is the most lucrative year in corporate history….
From Curiosity to Consistent Income A few months ago, I found myself overwhelmed by financial pressures. Traditional jobs demanded my time but barely covered expenses. Then, I came across a trusted platform called CryptoMiningFirm. At first, I hesitated. Could a simple mining platform really generate profits each day? My curiosity pushed me forward, and I…
Chainlink has unveiled a new technical framework allowing financial institutions to manage digital asset workflows using Swift’s global messaging system, eliminating the need for infrastructure upgrades or overhauls to legacy processes. Key Takeaways: Chainlink and Swift have enabled banks to trigger blockchain transactions using ISO 20022 messages without changing existing systems. UBS successfully piloted the…
Societe Generale’s digital asset unit, SG-FORGE, has taken its euro- and dollar-denominated stablecoins deeper into decentralized finance (DeFi), deploying them on Ethereum-based protocols Morpho and Uniswap. Key Takeaways: SG-FORGE has launched its euro and dollar stablecoins on Ethereum via Morpho and Uniswap. Users can now borrow, lend, and trade EURCV and USDCV against major crypto…
The U.S. Securities and Exchange Commission (SEC) has issued a No-Action Letter to DoubleZero, confirming that programmatic transfers of its 2Z token will not be treated as securities transactions. The letter, dated September 29, represents the first public acknowledgment by the SEC that a token tied to blockchain-based Decentralized Physical Infrastructure Networks (DePIN) can be…
A woman who played a leading role in a crypto scam that defrauded 128,000 Chinese investors has pleaded guilty to money laundering — but the saga is far from over. Yadi Zhang, also known as Zhimin Qian, ran fraudulent wealth schemes between 2014 and 2017, with most of the ill-gotten gains held in Bitcoin. Victims…
Bitcoin trades at $113,117, up 0.86% in 24 hours, with daily volumes of nearly $64 billion. The rebound comes after a sharp correction last week, and analysts say the setup now favors further gains as October, historically one of Bitcoin’s strongest months, kicks off. Leverage Reset Sparks Healthier Rally Bitcoin’s dip from $115,600 to $109,500…
A government shutdown is looking increasingly inevitable in the U.S. — with federal agencies now hours away from running out of money. Republicans and Democrats have been unable to reach a temporary spending deal, and have until 11.59pm on Tuesday to set aside their differences. Talks were held at the White House late into the…
A new report, Real World Assets: A Practitioner’s Guide, co-authored by Libeara, a Standard Chartered Ventures–backed tokenization platform, highlights how tokenized assets are rapidly gaining traction in global markets. The report states that tokenization is more than digitization: it involves creating programmable, composable assets that can settle instantly on global blockchain rails. Tokenisation is no…