Fasset and Ajman Bank signed an MoU to launch integrated digital asset services that conform to Shariah principles. The rollout targets both retail and institutional clients in the UAE and abroad, anchoring on tokenized real-world assets, a regulated stablecoin framework, and secure trading access through the bank. Products and rails Under the agreement, Ajman Bank
Vlad Tenev walked through Stanford’s campus like a man revisiting the scene of his own revolution. The Robinhood co-founder, class of 2008, stopped by a coffee stand run by an old fraternity friend. Around him, students scrolled, texted, and walked past, unaware that the guy in line once blew up Wall Street’s playbook. “We try
The embattled cryptocurrency fell to $103K early Friday before clawing its way back to $106K in the afternoon. Jamie Dimon’s ‘Cockroach’ Remark Deepens Bitcoin Sell-Off An offhanded quip by Jamie Dimon, CEO of JPMorgan Chase (JPM) on Tuesday, may have tanked stocks as fears of a bank credit crunch triggered a multi-day sell-off. But while
The cryptocurrency market weakened again towards the end of the week, with the largest cryptocurrency, Bitcoin, briefly falling below $104,000, its lowest level since July. The Fear and Greed Index, which measures market sentiment, fell into the “extreme fear” zone. The index, which measures market sentiment, fell to 22 out of 100, signaling “extreme fear.”
US President Donald Trump said the high tariffs he threatened against China were “unsustainable.” At a time when tensions between the US and China are escalating again, Trump’s statements came ahead of the anticipated face-to-face meeting between the leaders of the two countries. In an interview with Fox Business, Trump acknowledged that the planned higher
LayerZero, an omnichain interoperability protocol, has collaborated with Gate Layer, a high-performance Web3-ready L2. The partnership is aimed at offering streamlined cross-chain trading to benefit developers and consumers with Gate’s exclusive Perp DEX. As Gate Layer mentioned in its official social media announcement, the new decentralized perpetual exchange will offer unparalleled withdrawals and deposits across
Net Asset Values (NAVs) in digital asset treasuries (DATs) have collapsed, but this is not as bad as it sounds and can be viewed as an opportunity for savvy investors, according to 10x Research. “The age of financial magic is ending for Bitcoin treasury companies,” stated 10x Research analysts in a report shared with Cointelegraph
DePHY Network, a decentralized infrastructure platform serving as a foundational bridge between AI, DePIN, and DeFi, announced a strategic collaboration with Hyra Network, a decentralized AI and DePIN ecosystem. DePHY’s multi-layered architecture is designed to address major challenges in the DePIN landscape. Using this partnership, it’s equipped to play a crucial role in revamping Hyra’s
Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin (BTC) is correctly pricing in an impending liquidity crisis, opining that the Federal
Orochi Network, a Verifiable Data Layer for real-world assets (RWAs), has announced that Orochi has raised an additional $8 million, bringing the total funding to $20 million. Basically, it will create and strengthen the backbone of Verifiable Data Infrastructure to drive institutional trust, open tokenization of RWA, and allow a secure, auditable enterprise system. We’re