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Yuan hits 17-year low as China touts digital currency amid trade war

Chinese yuan has fallen to a 17-year low of 7.3498 CNY per USD amid escalating trade tensions with the US.China claims its digital yuan...

Ripple and SEC File to Pause Appeals as Settlement Talks Progress

Ripple Labs and the SEC have filed a joint request to suspend their appeals as they work toward a negotiated resolution.The parties have reached...

US Dollar Plunges Below 100 for First Time Since 2022 Amid Trade War

The U.S. Dollar Index (DXY) has fallen below 100 for the first time since April 2022, dropping over 10% from its recent high.China has...

Grayscale, Osprey Settle Lawsuit Over Bitcoin ETF Advertising Claims

Osprey Funds and Grayscale Investments have agreed to settle their legal dispute over alleged advertising violations regarding Grayscale's Bitcoin ETF.The lawsuit, filed in January...

SEC and Ripple Reach Potential Settlement in Long-Running XRP Case

Ripple and SEC have filed a joint motion to pause appeals while they finalize a settlement agreement.The potential settlement could end a legal battle...

Web3 Gaming Investment Falls 71% in Q1 2025, Despite More Deals

Web3 gaming projects saw a 71% drop in investment to $91 million in Q1 2025 compared to Q4 2024.Despite lower investment amounts, the number...

SEC Clarifies Crypto Securities Disclosure Guidelines For Issuers

SEC's Division of Corporation Finance has released guidance on how securities laws apply to crypto asset markets.The guidance helps companies that are developing blockchains,...

SEC Dismisses Helium Lawsuit, Rules Tokens & Hotspots Aren’t Securities

The SEC has dismissed its lawsuit against Nova Labs, ruling that Helium Network's tokens and hotspot devices are not securities.The decision creates a precedent...

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AWS to Offer OpenAI Models, Unveils AI Hiring Agents

Amazon Web Services will begin offering OpenAI's powerful GPT models to its customers, ending Microsoft Azure's exclusivity.Amazon unveiled new...

Illinois Tech Joins Theta EdgeCloud for AI Research

Illinois Institute of Technology joins Theta EdgeCloud's academic network as its 33rd member institution, following schools like Stanford and...

Lightspark Launches Grid Global Accounts for Firms

Lightspark, a Bitcoin infrastructure company, has launched Grid Global Accounts, an enterprise banking product for platforms to offer branded...

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