Business – Page 844

Asia Morning Briefing: All eyes on ton when Elon Musk pours cold water on Xai Deal Talks

Good morning, Asia. Here’s what makes news in the markets: Welcome to Asia Morning Briefing, a daily overview of top stories during the US HOURS and an overview of market movements and analysis. For a detailed overview of US markets, see Coindesk’s Crypto Doybook Americas. Telegram’s Blockbuster agreement with Xai, who would see Elon Musk’s […]

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Vietnamese woman arrested in Thailand over alleged $ 300 million. Crypto -fidus

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NGO Thi Theu, a 30-year-old Vietnamese woman who was allegedly involved in a cryptocurrency fidus that deceived 2,600 victims and resulted in a total of $ 300 million losses, has been arrested in Thailand, Asia News Network reported on Tuesday. Law enforcement authorities had issued an Interpol Red Message to track the Vietnamese woman. She

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Blackrock (BLK) EYES 10% share in the circle’s IPOs, joins sheet as potential buyer: Bloomberg

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Blackrock Inc. Considering acquiring approx. 10% of the shares offered in Circle’s upcoming original public offer (IPO) reported Bloomberg on Wednesday with reference to people who are familiar with the case. The IPO archiving, which was published on Tuesday, states plans to offer 24 million shares in Class A – 9.6 million from circle and

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NYC Mayor Eric Adams calls to the end of Nydf’s’ Bitlicense, suggests’ Bitbond ‘

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Las Vegas, Nevada – Eric Adams, the mayor of New York City, called for the end of Bitlicense in a speech on Bitcoin 2025 in Las Vegas on Wednesday. During his speech, Adam’s crypto companies called on to return to the United States and set up a store in New York and repeat comments he

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Pavel Durov confirms that Xai Deal is still ‘pending’

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A deal that would bring Xai’s Grok to Telegram is apparently not signed, despite prior reporting, which puts sales pressure on Ton’s recent rally. The deal would see Telegram get 50% of the revenue from Xai subscriptions sold via its platform, along with $ 300 million in cash and equity, as the Messaging giant seems

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Pakistan to establish a Bitcoin -Strategic Reserve, assigning 2000 megawatt energy to cryptomining

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Las Vegas, Nevada – Pakistan’s government has plans to establish a strategic Bitcoin Reserve and support Bitcoin Mining, the country’s prime minister for Blockchain and Krypto Bilal Bin Saqib announced on Bitcoin 2025 in Las Vegas on Wednesday. Bin Saqib said Pakistan’s plans for a strategic Bitcoin reserve were inspired by US President Donald Trump’s

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Nvidia reports strong results but Outlook is tempered

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Shares of Nvidia (NVDA) increased approx. 4% in post-trading time after reporting better than expected earnings and revenue Wednesday. The AI-Power Center published an increase in revenue of 69% in the first quarter compared to a year ago, when its data center business grew 73% year-over-year. Net income came at $ 18.8 billion, a 26%

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Bitcoin and Web3 -Took Company Ledger brings ‘Crypto Life’ Visa cards to US users

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Cryptocurrency Hardware-Company Ledger has launched its Crypto Life (CL) Visa card in the US offering users 1% cashback in Bitcoin (BTC) or USDC when purchasing and the opportunity to directly deposit paychecks into the on-chain card account via bank transfer. Ledgers CL Visa Card facilitates Fiat-to-Chain Card Enabler Baanx, who also delivers self-defense crypto cards

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UK’s FCA is looking for views of stableecoins, crypto -detaining to prevent fixed failure

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UK’s Financial Conduct Authority (FCA) is looking for further views on its upcoming stableecoin regime, it said Wednesday. “In support of the opportunities stablecoins present for financial services and the wider economy, FCA will investigate adding a specific focus on stableecoins to its innovation services in the coming months,” the FCA’s statement states. FCA’s proposed

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Vivopower (VVPR) traveling $ 121m for XRP Crypto Treasury Strategy with Saudi

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VivoPower International (VVPR), a NASDAQ-LEASTERED energy company, said Wednesday that it has secured $ 121 million in a private stock location to finance his pivot for digital asset box focusing on XRP The fourth largest cryptocurrency at market value. The swelling was led by the Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud, who invested

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