U.S. stocks slipped Monday, ending a historic rally as investors grew cautious over renewed trade tensions and awaited signals from the Federal Reserve. The S&P 500 dropped 0.64% to 5,650.38, breaking a nine-day winning streak — its longest since 2004. The Nasdaq Composite fell 0.74% to 17,844.24, and the Dow Jones Industrial Average dipped 0.24%…
Ripple Labs has expanded its business reach into the Middle East and African corridors. With a high adoption rate for crypto innovations, the firm is convinced its business will thrive in the region. Blockchain payments firm Ripple Labs Inc. has announced its expansion into the Middle East and Africa. This move will see Ripple providing…
Last month, the new season of the dystopian sci-fi series Black Mirror was released on Netflix to critical acclaim. However, while most viewers enjoyed Season 7, a few social media posts went viral wondering what a show with an optimistic view on tech would look like. This Tweet is currently unavailable. It might be loading…
Main Takeaways:- Ethereum’s on-chain support and climbing mood indicated a potential upward momentum. Leverage and resistance at $1,867 sparked price swings during breakout efforts. New Wallet Expansion Signals Ethereum’s Ongoing Network Strength Ethereum’s network key indicators indicate a resurgence of on-chain engagement. New addresses saw significant growth of 70.09% in the past seven days, while…
A $8.8 billion international blockchain and crypto innovation center is in the works in the heart of the capital of the Maldives – Malé. The Maldives government has partnered with Dubai-based MBS Global Investments for this ambitious project, which aims to transform the country’s economic landscape. “Due to be completed by 2030, it will be…
Crypto asset manager CoinShares says institutional digital asset investors have poured $5.5 billion into crypto over the past three weeks. According to its latest Digital Asset Flows Weekly report, CoinShares says that crypto products enjoyed inflows of $2 billion last week alone. “Digital asset investment products recorded a third consecutive week of inflows, totaling US$2bn…
A U.S. appellate court temporarily paused the long-running legal battle between the SEC and Ripple, granting a 60-day hold on the SEC’s appeal. Amid this backdrop, Stuart Alderoty, Chief Legal Officer at Ripple, addressed the implications in a 60 second video. In a brief video titled “Crypto in a minute,” Ripple’s Chief Legal Officer, Stuart…
The newly proposed structure keeps the nonprofit in control, though Monday’s blog post didn’t go into detail about what exactly that will look like. The company specified that its current for-profit subsidiary will become a public benefit corporation (PBC), which is how its competitors Anthropic and xAI are set up. PBCs are legally allowed to…
DeFi Development Corp. (Nasdaq: DFDV), a real-estate software firm and Solana-focused treasury company, announced Monday it has agreed to acquire a Solana validator business with an average delegated stake of 500,000 SOL ($75.5 million) for $3.5 million. $3.5M Deal: DeFi Development Corp. Bolsters Solana Treasury Strategy The deal, according to the release published on Monday,…
[PRESS RELEASE – Dubai, Emirates, May 5th, 2025] Pepeto, a project often referred to as the “God of Frogs,” is positioning itself as more than just another meme coin. While many meme tokens rely solely on hype and short-term trading, Pepeto is focused on building a long-term ecosystem that delivers real utility. While many meme…
