UBS Asset Management Launches Ethereum-Based Money Market Fund Token “uMINT”
UBS taps into rising demand for tokenized assets, offering institutional-grade cash management through blockchain.
Tether Sets New Financial Records in Q3 2024, Reaches $120 Billion in Stablecoin Circulation
Record-breaking quarter boosts Tether’s consolidated assets to $134.4 billion and reserve holdings in U.S. Treasuries to $102.5 billion, with the company reinforcing its market leadership through strategic investments and a strengthened reserve buffer.
Visa Partners with Coinbase to Enable Real-Time Fund Transfers for Crypto Traders
New integration with Visa Direct lets Coinbase users instantly add funds, purchase crypto, and cash out to bank accounts.
FTX sues KuCoin to recover over $50 million in withheld assets
Legal action follows claims of blocked access to funds linked to Alameda Research amid rising cryptocurrency prices.
Consensys to Cut Over 160 Jobs as SEC Legal Battles and Economic Pressures Mount
MetaMask developer scales back workforce as CEO Joe Lubin calls out SEC’s regulatory impact on crypto industry.
U.S. Government Investigates Tether Over Alleged Ties to Sanctioned Entities and Illicit Activities
Tether downplays claims, but scrutiny from Justice and Treasury Departments rattles crypto markets.
Microsoft Shareholders to Vote on Bitcoin Investment Proposal Despite Board Opposition
Proposal from ‘Project 2025’ member challenges Microsoft’s traditional investment strategy, with board advising against direct Bitcoin involvement ahead of December vote.
Bitcoin Price Could Hit $200K by 2025 as Institutional Investment Grows: Bernstein
A new Bernstein report highlights industry consolidation, rise of Bitcoin ETFs, and AI-powered opportunities for miners amid geopolitical tensions.
Tether CEO Ardoino expects U.S. will catch up in crypto regulation soon
He believes stablecoin rules will protect users and expand global financial access.
Russia and BitRiver Plan to Build Crypto Mining Data Centers in BRICS Nations
Partnership aims to expand Russia’s mining capacity and boost global computing power, with focus on energy-intensive data centers and AI projects.
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