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BingX, a major cryptocurrency exchange, is celebrating its seventh anniversary with a massive investment in artificial intelligence. They’re pouring $300 million over the next three years into integrating AI across their entire platform. AI: Your New Crypto Trading Buddy This isn’t just about adding some AI features; BingX is fundamentally changing how it operates. They’re…
Imrat Group and Bybit Partner Up Toronto-based hedge fund, Imrat Group, announced a major partnership with cryptocurrency platform Bybit. This partnership gives Imrat Group early access to Bybit’s new service: direct stock trading using Tether (USDT) stablecoin. This means Imrat can now trade major stocks like Apple, Tesla, Nvidia, and Amazon, as well as participate…
Indonesian fintech company DigiAsia Corp made a splash when it announced plans to go big on Bitcoin. The news sent its stock price soaring, but the celebration was short-lived. Let’s break it down. A Wild Ride for DigiAsia’s Stock DigiAsia’s stock (FAAS on Nasdaq) shot up over 90% in a single day after revealing its…
Brad Garlinghouse, CEO of Ripple Labs, publicly criticized Senator Cynthia Lummis after she canceled a meeting with him. This unexpected public spat played out on X (formerly Twitter). Garlinghouse’s Public Accusation Garlinghouse was in Washington D.C. to lobby for crypto legislation, including the GENIUS Act on stablecoins. He used X to express his frustration at…
Pi Network’s launch in February 2025 was a big deal, sending the price soaring to $2.98. But the party didn’t last. Three months later, the price has plummeted over 75% from its all-time high. Let’s dive into why. Post-Launch Problems The initial excitement quickly faded as several issues surfaced: KYC Woes: Many users couldn’t claim…
MicroStrategy just bought a boatload more Bitcoin – another 7,390 BTC to be exact! This latest purchase cost them roughly $764 million. Another Bitcoin Acquisition This is MicroStrategy’s third Bitcoin buy this May alone! While smaller than their $1.34 billion purchase earlier this month, it’s still a significant investment, far exceeding their first May purchase…
President Trump’s upcoming dinner with top holders of his $TRUMP meme coin is causing a stir in the crypto world. This event, expected to take place at either the White House or his golf club, is bringing together some major players, highlighting the growing influence of meme coins in culture, politics, and finance. But the…
BounceBit, a financial infrastructure company, is using BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) to create a new investment tool. This tool aims to give investors higher returns by combining traditional finance with cryptocurrency trading. Mixing Traditional Finance and Crypto The new strategy uses BUIDL as collateral to trade Bitcoin and stablecoins. BounceBit claims this…
A New Zealand man is facing serious charges for his alleged role in a massive cryptocurrency theft. Authorities say he was part of an international ring that swindled $265 million from seven victims. The Scheme The alleged scheme, which ran from March to August 2024, involved manipulating victims to fraudulently obtain their crypto. The Wellington…
A class-action lawsuit has been filed against MicroStrategy (now Strategy) and its founder, Michael Saylor. The suit alleges that the company misled investors about its financial health and profitability. The Allegations The lawsuit, filed by Pomerantz LLP, claims that Strategy made false and misleading statements about its Bitcoin-focused investment strategy between April 30, 2024, and…
