Nasdaq-listed Mercurity Fintech to raise 0M for Bitcoin treasury

Nasdaq-listed Mercurity Fintech to raise $800M for Bitcoin treasury

Mercurity’s $800 million Bitcoin treasury financing plan would make the firm the 11th-largest corporate Bitcoin holder after Galaxy Digital. Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, plans to raise $800 million to establish a Bitcoin treasury reserve as more companies adopt the cryptocurrency for strategic purposes. Mercurity plans to raise…

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Jack Ma’s Ant International eyes stablecoin licenses in Singapore, Hong Kong

Jack Ma’s Ant International eyes stablecoin licenses in Singapore, Hong Kong

Ant International plans to apply for stablecoin licenses in Hong Kong and Singapore, signaling growing fintech interest in regulated crypto payment systems, Bloomberg reported. Ant International reportedly plans to apply for stablecoin issuer licenses in Singapore and Hong Kong, signaling growing institutional cryptocurrency adoption among fintech firms. Ant International, a Singapore-based unit of the Jack…

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How to set up and use AI-powered crypto trading bots

How to set up and use AI-powered crypto trading bots

A practical guide to setting up, using and optimizing AI crypto trading bots, plus a glimpse into where intelligent trading is headed next. AI-powered crypto trading bots use machine learning to make smarter, faster trading decisions — without emotions. Setting up a bot involves choosing a platform, connecting your exchange, configuring strategies and running backtests….

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Sandeep Nailwal takes charge of Polygon Foundation as first CEO

Sandeep Nailwal takes charge of Polygon Foundation as first CEO

Polygon co-founder Sandeep Nailwal assumed full executive control, marking a move away from decentralized governance. Polygon co-founder Sandeep Nailwal has taken full control of the Polygon Foundation as its first-ever CEO. The move marks a shift away from the decentralized governance model the organization had embraced. The foundation, which oversees Polygon Labs and other arms…

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Investment giant Guggenheim taps Ripple to expand digital debt offering

Investment giant Guggenheim taps Ripple to expand digital debt offering

Guggenheim’s Treasury-backed fixed-income product will be available on the XRP Ledger. US investment manager Guggenheim is expanding its digital commercial paper offering through a partnership with Ripple, underscoring the growing convergence between traditional finance and crypto-native enterprises. Under the partnership, Guggenheim’s subsidiary, Guggenheim Treasury Services, will make its US Treasury-backed fixed-income asset available on the…

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SEC eyes exemption framework to boost crypto innovation

SEC eyes exemption framework to boost crypto innovation

Securities and Exchange Commission chair Paul Atkins also bashed the previous administration under former SEC Chair Gary Gensler and its approach to crypto. The US securities regulator is working on an “innovation exemption” to stoke the creation of more onchain products and services, according to Securities and Exchange Commission chair Paul Atkins. Atkins, a former…

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How to earn passive income with peer-to-peer lending

How to earn passive income with peer-to-peer lending

In peer-to-peer crypto lending, knowing how to exit safely when rates fall or platforms falter is just as important as getting started. P2P crypto lending lets you earn interest by lending digital assets directly to borrowers via CeFi or DeFi platforms. Smart contracts automate lending processes in DeFi, ensuring transparency, efficiency and algorithmic interest rates….

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Crypto users fail ‘basic situational awareness’ at events, says Kraken

Crypto users fail ‘basic situational awareness’ at events, says Kraken

Kraken’s security team says that at crypto conferences, it’s seen unlocked laptops, phones left unattended and public discussions about personal wealth. Crypto conference attendees fail at “basic situational awareness” and security measures, opening themselves up to exploitation by bad actors hiding in the crowd at events, says crypto exchange Kraken. Kraken’s security team noted a…

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