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HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin


Xiao Geng states that the creation of a CNY-pegged stablecoin could expand the offshore Chinese yuan market and elevate Hong Kong’s status in the global financial sector. The post HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin appeared first on Cryptonews

Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana


In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from African Crops Limited and Oldenburg Vineyards. Agridex...

BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace


BAXUS secures $5 million led by Multicoin Capital to scale its web3-enabled platform for trading collectible spirits, increasing accessibility and transparency for global liquor collectors. The post BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace appeared first on Cryptonews

Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing


Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens. The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews

Alchemy Pay invests in LaPay and gets global Web3 API license to expand


Alchemy Pay invests in LaPay UK Ltd in order to initiate the global expansion of corporations operating in diverse industries. LaPay UK Ltd operates as a fintech company in the United Kingdom, whereas Alchemy Pay is a globally recognized Web3 payment service provider. LaPay possesses an Authorized...

Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms


Crypto mining firm Bitdeer Technologies is reportedly in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity. The post Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms appeared first on Cryptonews

Bitcoin may expand for 18 months after halving, says Benchmark Senior Analyst


As it approaches its fourth halving, Bitcoin, the largest cryptocurrency since its inception in 2009, has been in the news, causing price fluctuations in the cryptocurrency trading industry. The price experienced a 6.86% decline to 62,974.30 USD on March 19, representing a reduction of 6.86% from...

Grayscale Urges SEC for Spot Bitcoin ETF Options Approval


Grayscale is calling on the US Securities and Exchange Commission to approve options on its spot Bitcoin exchange-traded fund, aiming to expand access to a broader range of investors. The post Grayscale Urges SEC for Spot Bitcoin ETF Options Approval appeared first on Cryptonews

Mocaverse partners with Korean players to expand its presence


Animoca Brands seed company, Mocaverse, announced collaborating with numerous patterns. The objective is to strengthen its presence in the Korean market through immersive experiences and increased engagement with users. The list includes the likes of GOMBLE, IPX, Cube Entertainment, Nine Chronicles...

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