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Chinese President Xi Jinping underscored BRICS’ New Development Bank (NDB) as a crucial emerging force in the global financial system during discussions with NDB President Dilma Rousseff. He emphasized that the NDB, spearheaded by BRICS nations, embodies the growing leadership of developing economies and stands as a golden symbol of Global South cooperation. Xi advocated … Read more
Nike is facing a class action lawsuit after abruptly shutting down its crypto-focused subsidiary, RTFKT, leaving investors with significant losses tied to Nike-themed NFTs and digital assets. Plaintiffs, led by Australian investor Jagdeep Cheema, allege they were misled into buying what they now claim were unregistered securities, only to see their value collapse after Nike … Read more
Earlier this month, cryptocurrency wallet Exodus announced it will end support for the privacy coin monero ( XMR) on August 10, 2025. After this date, users will no longer be able to send, receive, or view their XMR balances within the Exodus wallet. However, Exodus reminds users that as a self-custody wallet, they retain control … Read more
Decentralized exchange (DEX) aggregator 1inch has announced the expansion of its services to the rapidly growing Solana blockchain, solidifying its position as a leading swap marketplace in the decentralized finance (DeFi) ecosystem. With the integration of Solana, 1inch users can now enjoy secure token swaps at optimal rates, leveraging the blockchain’s impressive metrics, which include … Read more
A new private membership club in Washington, D.C., called Executive Branch, co-founded by Donald Trump Jr., is making headlines with its $500,000 membership fee and an existing waiting list. The club, which held a launch party over the weekend, attracted prominent figures including crypto czar David Sacks, Gemini exchange founders Tyler and Cameron Winklevoss, and … Read more
Following a cryptic Sunday post on X alluding to fresh bitcoin ambitions, Michael Saylor’s enterprise revealed Monday it had expanded its digital treasury by procuring 15,355 BTC. The tech magnate broadcasted the transaction on the social media platform, declaring: “MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC … Read more
A recent Deloitte report forecasts that the global tokenized real estate market will grow from $0.3 trillion in 2024 to $4 trillion by 2035, with a 27% Compound Annual Growth Rate (CAGR), driven by blockchain-enabled fractional ownership and enhanced operational efficiency. The report projects growth in tokenized private real estate funds ($1 trillion), tokenized loans … Read more
The price of Monero, a privacy-focused cryptocurrency, has risen by over 50% overnight on several exchanges, leaving crypto enthusiasts in search of an answer to this sudden increase. Onchain sleuth ZachXBT alleged that this move had been caused by the swap of a high amount of bitcoin to XMR, propping up the price gains. In … Read more
In its April 2025 Global Perspectives and Solutions report, Citi Institute underscores the growing adoption of blockchain technology by banks and the public sector, spotlighting stablecoins and system modernization. The report forecasts the stablecoin market could reach $1.6 trillion by 2030 in its base case, driven by regulatory clarity and US dollar demand, potentially spurring … Read more
Binance has announced the launch of Fund Accounts, a solution designed for fund managers to pool investor assets based on trading strategies. This offering allows fund managers to consolidate externally-raised investor assets into one or multiple omnibus accounts, streamlining operations and enhancing trading efficiency. Fund Accounts enable simplified portfolio management, flexibility in strategy execution, and … Read more