Billionaire investor Ray Dalio has officially ended a 50-year legacy at Bridgewater Associates, the world-renowned hedge fund he founded in 1975. According to The Wall Street Journal, Dalio has sold his last remaining shares in Bridgewater and stepped off its board, closing a chapter in the history of a firm that helped shape the global…
As Ethereum celebrates its 10-year anniversary, industry leaders and innovators are envisioning a bold, transformative decade ahead. Since Vitalik Buterin launched Ethereum in 2015, the network has grown from a decentralized computer for smart contracts into the backbone of the Web3 ecosystem, powering decentralized finance (DeFi), NFTs, DAOs, and much more. Now, as the landscape…
JPMorgan Chase has taken a major step toward bridging traditional finance with the digital asset economy by partnering with leading crypto exchange Coinbase. This collaboration will allow Chase credit card customers to buy cryptocurrencies directly, redeem loyalty points for stablecoin rewards, and seamlessly link their banking to crypto services all moves that signal a deepening…
In a pivotal move for Asia’s digital asset industry, the Hong Kong Monetary Authority (HKMA) will begin enforcing its much-anticipated stablecoin regulatory framework this Friday. The regulatory rollout kicks off with a six-month transition period, ushering in temporary licenses and stricter compliance measures for stablecoin issuers. This phased approach underscores Hong Kong’s effort to balance…
In a pivotal move for the future of U.S. financial regulation and crypto oversight, the White House has requested the Senate Agriculture Committee delay its vote on Brian Quintenz’s nomination as chair of the Commodity Futures Trading Commission (CFTC). This decision comes just as Congress prepares for its August recess, raising the stakes for digital…
Twenty One Capital the crypto treasury firm backed by Cantor Fitzgerald, Tether, Bitfinex, and SoftBank has quietly emerged as a major force in institutional Bitcoin accumulation. According to Bloomberg, the company’s Bitcoin holdings now exceed 43,500 BTC, outpacing initial projections and surpassing many industry peers. This move signals an intensifying race among leading institutions to…
Pyth Network, a leading decentralized oracle solution, has made a groundbreaking move by offering live, onchain price feeds for 85 of the most prominent Hong Kong stocks. This innovation democratizes access to real-time, institutional-grade financial data removing historical barriers such as expensive terminals, regional licensing, and delayed information. As a result, traders and developers worldwide…
Tron Inc. which recently transformed from the penny stock SRM Entertainment through a reverse merger with Justin Sun’s Tron blockchain has initiated a bold move to raise $1 billion for growing its TRX cryptocurrency reserves. This significant funding push comes on the heels of an impressive 1,300% rally in the company’s shares since the June…
PayPal is revolutionizing digital payments by launching a comprehensive crypto checkout solution for U.S. merchants, enabling them to accept payments in more than 100 cryptocurrencies while addressing cross-border transaction challenges and expanding the utility of digital assets in everyday commerce. What PayPal’s New Crypto Payment Feature Offers PayPal’s latest crypto payment tool allows American businesses…
Interactive Brokers, a major player in the global trading industry, is reportedly considering a significant expansion of its cryptocurrency services, which could include the launch of its own proprietary stablecoin. This move positions the brokerage giant alongside other traditional finance titans like JPMorgan Chase, Citigroup, and Bank of America, all of whom are exploring the burgeoning…
