Chinese Nationals Gain Access to Stablecoins in Hong Kong Via Flare, Red Date Technology Trial

“With Hong Kong on the cusp of announcing new stablecoin regulations allowing digital currencies on public blockchains, the introduction of this KYC solution trial gives Mainland Chinese residents their first opportunity to legally hold public chain wallets and transact with stablecoins, such as HKDA, a fiat-referenced Hong Kong Dollar stablecoin issued by IDA. This project signals a possible first step in aligning with China’s long-term approach to integrating blockchain technology,”

Read More

Rekt Raises $1.5 Million Seed Round Backed by Angels and Community, Following Sell-Out Success of Rekt Drinks

November 7, 2024 – Wilmington, Delaware Rekt Brands Inc. (Rekt) – the parent company behind the Rektguy NFT project, Rekt Drinks and the Rekt brand intellectual property – is excited to announce the completion of a $1.5 million seed funding round. Funded exclusively by angel investors and the community – without institutional venture capital – this achievement highlights the support Rekt received from its loyal and growing network. This funding

Read More

Gary Gensler Asked To Immediately Resign As SEC Chair

The American Securities Association (ASA) recently called for the immediate resignation of SEC Chairman Gary Gensler. ASA’s bold move came from its President and Chief Executive Officer, Chris Iacovella, who underlined the view that such change in management within the SEC would fall in line with what the voters have just said: that other directions are needed in the way the regulatory environment of the country is managed. ASA Advocates

Read More

Spirit Blockchain Buys Dogecoin Holdings To Boost DOGE

Blockchain-focused firm Spirit Blockchain Capital Inc. has acquired Dogecoin Portfolio Holdings Corp. Noteworthy, the acquired firm was founded by entrepreneurs and supporters of the dog-themed memecoin Dogecoin (DOGE). The strategic move is aimed at boosting the adoption of the pioneering digital currency. Dogecoin Transcends to Decentralized and Liquid Cryptocurrency In more than a decade since its launch, Dogecoin has transitioned from its status as a joke to a highly decentralized

Read More

Shiba Inu Price Eyes 300% Rally As SHIB Whale Activity Surges

The Shiba Inu price could rally as much as 300% as SHIB whale activity is on the rise, a bullish development for the second-largest meme coin by market cap. Other on-chain metrics also paint a bullish for SHIB and indicate that its bull run could begin anytime from now. Shiba Inu Price Eyes 300% Rally In an X post, crypto analyst Javon Marks predicted that the Shiba Inu price could

Read More

Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism

(Reuters) – Tesla’s (TSLA) market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk’s companies in return for his support for President-elect Donald Trump in his poll campaign. The electric automaker’s shares rose more than 6% to a more than two-year high of $315.56, after having gained 19.3% up to Thursday’s close. The company crossed the $1

Read More

TD Bank economists are worried about the Canadian dollar

Breadcrumb Trail Links News Impact from Trump tariffs could push loonie below 70 cents U.S. Published Nov 08, 2024  •  Last updated 3 hours ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. Donald Trump, left, with Republican vice president-elect J.D. Vance, celebrate election night at the Palm Beach Convention Center, Nov. 6, 2024, in West Palm Beach,

Read More