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The decentralized finance (DeFi) oracle provider RedStone has publicly refuted claims of a partnership with Web3Port, a Web3 acceleration platform, and Whisper, a market-making entity. According to an official statement released by RedStone, the rumors were false and originated without their knowledge or consent. The company clarified that neither Web3Port nor Whisper was involved with…
The government of Dubai, the United Arab Emirates’ city with the most luxurious, ultramodern architecture, has begun the pilot phase of its novel project that tokenizes real estate. Tokenization is a process that represents real estate properties (or their cash flows) as tokens on the blockchain. This helps boost liquidity and streamline processes. Finally, it…
Global institutional prime brokerage firm LTP has announced its acquisition of Turing Capital Brokerage (TCB), a Spanish brokerage firm regulated by the Bank of Spain under the Markets in Crypto-Assets (MiCA) framework. The move expands LTP’s compliant digital asset brokerage services in the European market, the firm said in a Thursday press release. TCB, founded…
Coinbase has emerged as the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether (ETH), according to a recent performance report by the crypto exchange. The report states that as of March 3, Coinbase had 3.84 million ETH staked to its validators, valued at approximately $6.8 billion. Crypto analyst Anthony…
Bitcoin (BTC) is gaining momentum following a major legal win for Ripple, as the SEC officially dropped its appeal, confirming XRP’s non-security status. This decision, stemming from a 2023 ruling by Judge Analisa Torres, provides much-needed regulatory clarity for digital assets, easing concerns among institutional investors. With legal uncertainty removed, the broader crypto market—including Bitcoin—stands…
Bakkt, the struggling U.S.-based crypto trading and custody platform, has appointed Akshay Naheta as its new co-CEO, a move aimed at revitalizing its business. Naheta, a former SoftBank executive, will lead alongside Andy Main, the company’s current CEO, according to a March 19 press release. Naheta brings extensive experience in finance and technology, having founded…
Gotbit founder Aleksei Andriunin, currently facing crypto market manipulation and wire fraud, has reached a plea deal with the US federal prosecutors, agreeing to forfeit about $23 million in crypto. Prosecutors had initially stated that Andriunin could face a maximum sentence of 20 years in prison for wire fraud charges and up to five years…
Executives from Trump Media & Technology Group are leading a $179 million special-purpose acquisition company (SPAC) that may seek to acquire a U.S.-based crypto or blockchain firm. The initiative aligns with what they describe as the Trump administration’s push to integrate digital assets into national financial strategy. According to a March 14 regulatory filing, the…
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of Netflix ticker symbol: NFLX. We presented to members at the elliottwave-forecast. In which, the rally from May 2022 low is unfolding as an impulse structure. Showing a higher high sequence favored more upside extension to take place. Therefore, we…
Pakistan is moving to create a clear regulatory framework for cryptocurrency trading, aiming to attract international investment and boost economic growth. In a bold shift from previous caution, the country is working to formalize digital-asset activities. Bilal bin Saqib, CEO of the Pakistan Crypto Council and the newly appointed chief advisor to the finance minister…