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XRP Surges After Ripple CEO Brad Garlinghouse Says SEC is Dropping its Lawsuit Against the Company

Source: CNBC XRP surged after Ripple CEO Brad Garlinghouse said the U.S. Securities and Exchange Commission is no longer pursuing its appeal in the case against the payments company. The price of XRP was last higher by 10% at $2.49. “It’s been almost four years and about three months since the SEC originally sued us,… Continue reading XRP Surges After Ripple CEO Brad Garlinghouse Says SEC is Dropping its Lawsuit Against the Company

Hong Kong Fintech Sector Sees 250% Blockchain Growth Since 2022

Source: Cointelegraph Hong Kong’s fintech market is projected to hit $606 billion by 2032, driven by blockchain, digital assets, AI and a proactive Web3 licensing regime. Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping its future.… Continue reading Hong Kong Fintech Sector Sees 250% Blockchain Growth Since 2022

Sony’s Aibo Robot Dog Is Back—In Ethereum NFT Form

Source: Decrypt Nearly 10 million free Aibo NFTs have been minted on Soneium, Sony’s Ethereum layer-2 network, granting them tokens that can’t be traded. Tech giant Sony is commemorating 25 years since the launch of Aibo, its companion robot dog, with an officially licensed soulbound NFT collection called “Entertainment Robot Aibo” on the Soneium blockchain.… Continue reading Sony’s Aibo Robot Dog Is Back—In Ethereum NFT Form

Unlock the Future with Web3! Explore iSHANG’s Newly Revamped Website!

We are excited to announce that the website of iSHANG has been completely revamped! 🎉✨ As a leading Web3 service provider, we focus on EMPOWERING BRANDS in the exciting world of decentralization and help you succeed in the Web3 arena. Check out our website’s updated design, featuring a User-centric Interface with intuitive navigation and an… Continue reading Unlock the Future with Web3! Explore iSHANG’s Newly Revamped Website!

SEC acknowledges Filing for Grayscale’s Spot Cardano ETF

Source: Cointelegraph NYSE Arca has filed a proposal with the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange. The US Securities and Exchange Commission has acknowledged NYSE Arca’s proposal on behalf of crypto asset manager Grayscale to list and trade a spot Cardano exchange-traded fund (ETF). Although it’s… Continue reading SEC acknowledges Filing for Grayscale’s Spot Cardano ETF

Tokenisation a ‘Defining Trend’ for Web3 in Hong Kong as City Hosts Major Consensus Event

Source: SCMP Tokenisation will be ‘profoundly transformative’, Secretary for Financial Services Christopher Hui said, as companies pile into the burgeoning business. Hong Kong is intensifying its focus on tokenisation and stablecoins to bolster its Web3 industry, the financial services secretary said ahead of a major international blockchain conference, as the city’s virtual asset push faces… Continue reading Tokenisation a ‘Defining Trend’ for Web3 in Hong Kong as City Hosts Major Consensus Event

Standard Chartered, Animoca Brands, and HKT Partner To Launch Hong Kong Dollar-Backed Stablecoin as Regulatory Framework Advances

Source: CoinMarketCap Standard Chartered, Animoca Brands, and HKT have partnered to launch a Hong Kong dollar-backed stablecoin. Standard Chartered, Animoca Brands, and HKT have partnered to launch a Hong Kong dollar-backed stablecoin. The joint venture aims to apply for a license from the Hong Kong Monetary Authority (HKMA) under the city’s upcoming stablecoin regulatory framework.… Continue reading Standard Chartered, Animoca Brands, and HKT Partner To Launch Hong Kong Dollar-Backed Stablecoin as Regulatory Framework Advances

Dubai Recognizes USDC, EURC as First Stablecoins Under Token Regime

Source: Cointelegraph The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC. The Dubai Financial Services Authority (DFSA) has officially approved Circle’s stablecoins USD Coin and EURC (EURC) as recognized tokens under the authority’s crypto regime — the first stablecoins approved under the regime. Due to this… Continue reading Dubai Recognizes USDC, EURC as First Stablecoins Under Token Regime

SEC Closes Investigation Into OpenSea, Declining To Pursue Charges Over NFT Marketplace Operations

Source: CoinMarketCap The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into OpenSea, the leading NFT marketplace. The inquiry, which began in August 2024, was part of the SEC’s broader efforts to regulate digital platforms that could be considered unregistered securities marketplaces. OpenSea was initially issued a Wells notice, signaling potential enforcement actions.… Continue reading SEC Closes Investigation Into OpenSea, Declining To Pursue Charges Over NFT Marketplace Operations

DeepSeek’s AI Models Drive Surging Orders for Nvidia H20 Chips in China, Sources Say

Source: SCMP Tencent, Alibaba and ByteDance are said to have significantly increased orders of the H20 since DeepSeek gained global attention. Chinese companies were ramping up orders for Nvidia’s H20 artificial intelligence (AI) chip due to booming demand for DeepSeek’s low-cost AI models, six people familiar with the matter said. The surge in orders, which… Continue reading DeepSeek’s AI Models Drive Surging Orders for Nvidia H20 Chips in China, Sources Say