Category: Business
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Binance nears return to South Korea as regulators revisit Gopax stake review
[ad_1] Binance holds a 67% stake in Gopax, acquired in February 2023. A $4.3 billion US settlement eased regulatory concerns in South Korea. Gopax faced a $47 million liquidity shortfall linked to Genesis Global Capital. South Korea is moving closer to allowing Binance back into its crypto market after nearly two years of uncertainty. The…
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MegaETH repurchases 4.75% equity from pre-seed investors ahead of token sale
[ad_1] Key Takeaways MegaETH has repurchased 4.75% of its equity and token warrants from pre-seed investors. The move marks a strategic shift toward community-driven funding, away from traditional venture capital models. Share this article MegaETH, a blockchain layer-2 project focused on real-time DeFi infrastructure, today repurchased 4.75% equity and token warrants from its pre-seed investors.…
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Fed Governor: Guardrails Essential for Stablecoins to Modernize Finance
[ad_1] Stablecoins are surging into the financial spotlight as regulators push forward with frameworks that could unlock their full potential to revolutionize cross-border payments and reshape global finance—if executed with precision and consistency. Fed Official: Stablecoins Could Transform Payments if Regulators Get It Right The rapid evolution of payment technologies continues to reshape the financial…
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Fundstrat’s Tom Lee Dismisses Market Collapse, Calls Pullback a ‘Buying Opportunity’
[ad_1] Tom Lee, CIO of Fundstrat Capital, dismissed the recent pullback in U.S. financial markets as a structural issue unlikely to end the current record‑setting bull run. Lee said the drivers of market growth are not affected by the current rare‑earth tensions with China, though the issue will remain relevant. Fundstrat’s Tom Lee Predicts Markets…
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Shareholder Sues Semler Scientific to Block Strive Merger
[ad_1] A shareholder of healthcare technology company Semler Scientific filed a lawsuit seeking to block the company’s proposed merger with Strive, the asset manager turned Bitcoin treasury company led by former US presidential candidate Vivek Ramaswamy. According to a complaint filed in the US District Court for the Northern District of Illinois, plaintiff Terry Tran…
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Eric Trump confirms real estate tokenization plans for World Liberty Financial: CoinDesk
[ad_1] Key Takeaways Eric Trump confirms plans to tokenize luxury properties through blockchain. World Liberty Financial aims to open global real estate investment to retail users via fractional ownership. Share this article Eric Trump confirmed to CoinDesk that World Liberty Financial, a decentralized finance platform backed by the Trump family, plans to tokenize real estate…
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Institutional Capital Is Breaking Crypto Cycles
[ad_1] At TOKEN2049 Singapore 2025, CoinEx’s Head of Research, Jeff Ko, shares his perspective on the forces reshaping digital assets—from DAT tokens and tokenized stocks to stablecoins and real-world assets—arguing that institutional capital is breaking crypto’s four-year cycle and paving the way for true mass adoption. This year, the morning queue for Token2049 Singapore stretched…
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California Governor Signs Laws Establishing Safeguards over AI Chatbots
[ad_1] California Governor Gavin Newsom announced that the US state would establish regulatory safeguards for social media platforms and AI companion chatbots in an effort to protect children. In a Monday notice, the governor’s office said Newsom had signed several bills into law that will require platforms to add age verification features, protocols to address…
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Dubai cracks down on unlicensed crypto firms as UAE reinforces global crypto hub status
[ad_1] Dubai’s VARA fines 19 crypto firms for operating without proper licenses. Penalties range from AED 100,000 to AED 600,000 with immediate cease orders. VARA and SCA’s partnership ensures unified rules across the country’s digital asset market. The United Arab Emirates is reinforcing its position as a global crypto hub—but not…
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Binance distributes $283M to affected users following market turmoil
[ad_1] Key Takeaways Binance distributed $283 million in compensation to users affected by technical glitches and market volatility on October 10. Compensation addressed de-pegged assets like USDE, BNSOL, and WBETH caused by extreme price movements and platform issues. Share this article Binance announced Sunday that it had allocated about $283 million in compensation to users…