Hong Kong’s RedotPay Eyes $1 Billion IPO in New York
RedotPay, a Hong Kong-based company specializing in stablecoin payments, is reportedly preparing for an initial public offering (IPO) in the United States that could raise...
Author : coindesk com
Jane Street Faces Lawsuit Over Alleged Insider Trading Linked to Terraform Labs Collapse
High-frequency trading firm Jane Street is embroiled in a lawsuit alleging insider trading that contributed to the collapse of Terraform Labs in 2022, resulting in...
NEAR Launches User-Friendly Crypto Wallet Integrating AI Capabilities
San Francisco, CA – NEAR has unveiled Near.com, a new cryptocurrency wallet and consumer application designed to simplify blockchain technology for everyday users. The platform...
IoTeX Offers 10% Bounty for Return of Stolen Funds Following Bridge Exploit
IoTeX has announced a 10% bounty for the return of approximately $4.4 million stolen from its cross-chain bridge, ioTube, during a recent security breach. The...
Solana Company Launches Infrastructure Initiative to Enhance Crypto Adoption in Asia-Pacific
Solana Company has announced a new initiative aimed at bolstering its infrastructure across the Asia-Pacific region. This project, termed the “Pacific Backbone,” seeks to establish...
Standard Chartered Projects $1 Trillion Demand for Treasury Bills from Stablecoins by 2028
Standard Chartered has released a report indicating that the stablecoin market could generate up to $1 trillion in demand for U.S. Treasury bills by 2028....
Institutional Outflows from Bitcoin ETFs Reach $3.8 Billion Amid Market Volatility
Recent data indicates that U.S.-listed spot bitcoin exchange-traded funds (ETFs) have experienced significant outflows, totaling nearly $3.8 billion over the past five weeks. This trend...
Bitcoin Struggles Amid Selling Pressure from Large Holders
Bitcoin has begun the trading week in Asia at approximately $65,000, reflecting a 4.4% decrease as reported by CoinDesk. This decline follows a drop from...
The Rise of Decentralized AI: A Shift in the Technological Landscape
As investments in artificial intelligence (AI) infrastructure approach $300 billion by 2025, a notable shift is occurring within the sector. This change is characterized by...
Quantum Computing Poses Potential Threat to Bitcoin’s Security
As advancements in quantum computing progress, the security of Bitcoin, particularly the holdings attributed to its creator, Satoshi Nakamoto, is increasingly scrutinized. Approximately 7 million...