Offshore RMB Plunges Over 100 Points Against USD, Shaking Markets
Offshore RMB fell sharply over 100 points against the USD after the central bank adjusted the foreign exchange risk reserve ratio for forward FX sales to zero.
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Blockchain Industry Updates & Privacy News
Insider Reveals: PayPal Not Currently in Sale Talks with Stripe
PayPal is not in sale talks with Stripe or other companies, insiders reveal. The company has prepared for possible shareholder actions due to falling stock prices.
Read MoreLinkedIn Founder Holds $6.1M in Ethereum, Crypto Investments Draw Attention
LinkedIn co-founder Reid Hoffman holds $6.1M in Ethereum and owns a Cryptopunk NFT bought for 150 ETH last year, drawing market attention.
Read MoreMagic Eden to Shut Down Bitcoin and EVM Markets Along with Multi-Chain Wallet
Magic Eden plans to shut down its Bitcoin and EVM markets and discontinue its multi-chain wallet. The move focuses efforts on Solana, with closures expected by early March and wallet services ending in April.
Read MoreWhale's Massive ETH Transaction Revealed: The Story Behind $47.47 Million Asset Transfer
On February 27, an OTC whale transferred 23,500 ETH worth around $47.47 million to an exchange for selling and loan repayment. The whale holds various crypto assets.
Read MoreStarknet Launches strkBTC: A New Era in Privacy with Zcash-Level Features
Starknet introduces strkBTC, a privacy-focused asset with Zcash-like features, enhancing confidentiality while supporting compliance.
Read MoreGoogle and Meta Forge Billion-Dollar AI Chip Deal That Could Reshape the Industry
Google and Meta have reportedly signed a multibillion-dollar deal for AI chips, which could accelerate AI innovation and shift competitive dynamics in the tech industry.
Read MoreWill AI Embrace Crypto Payments? This Could Shape the Future of the Crypto Industry
SBF explores whether AI will adopt crypto payments for computational power, analyzing its compatibility and agent-based models, which could deeply impact the crypto industry's future.
Read MoreU.S. Lawmakers Debate Stablecoin Yields: Worries Over Bank Deposit Drain
At a Senate Banking Committee hearing, lawmakers raised concerns over stablecoin yield mechanisms, fearing potential deposit outflows from banks. While a law bans direct interest payments, third-party rewards remain unregulated.
Read MoreBitcoin Miner Partners with Starwood to Launch AI Data Center Initiative
Bitcoin mining firm partners with Starwood to develop AI-powered data centers, sparking a 17% rise in stock price after-hours.
Read MoreBlockchain Highlights | Key Developments: Finance Meets Innovation
From Ethereum's quantum-resistant roadmap to Morgan Stanley's Bitcoin moves, this update covers blockchain policy, finance, and tech advancements.
Read MoreIn-Depth Analysis: Why Did the Market React Coldly to Nvidia's Strong Earnings?
Despite Nvidia's strong earnings report, its stock fell due to market caution toward AI's long-term outlook.
Read MoreUK's New Tax Year Policy: Crypto ETNs Excluded from Mainstream ISA Tax-Free Accounts
As of April 6, UK investors can no longer add crypto ETNs to stock and shares ISA accounts. Existing holders are unaffected.
Read MoreReal Estate Tycoon Plans to Tokenize $5 Billion Portfolio, Pioneering Blockchain Strategy
Cardone Capital plans to tokenize around $5 billion in real estate assets using blockchain, aiming to offer collateral and liquidity. The firm has already invested in Bitcoin and is expanding its crypto strategy.
Read MoreNasdaq Files to List VanEck JitoSOL ETF, Focused on Solana-Based Liquidity Staking
Nasdaq has applied to the SEC to list the VanEck JitoSOL ETF, which will invest directly in Solana-based JitoSOL tokens, with staking rewards added to the fund’s net asset value.
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