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Ripple Payments Expands Reach in Brazil Through Partnership with Mercado Bitcoin

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 Ripple, widely known as the cross-border payment giant has officially expanded into Brazil with its new Mercado Bitcoin partnership.  This strategic partnership is effective for several reasons, including its Ripple Payments solution is set to broaden its reach to the South American nation. Fuelled by the zeal to expand its footprint globally, Ripple has recently …

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HBO’s “Money Electric” Documentary Fuels Speculation on Bitcoin’s Creator

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HBO’s upcoming documentary, Money Electric: The Bitcoin Mystery, directed by Emmy-nominated filmmaker Cullen Hoback, has sent shockwaves through the cryptocurrency community ahead of its October 8, 2024, release. The film aims to explore the elusive identity of Satoshi Nakamoto, the mysterious creator of Bitcoin. However, despite the hype, skepticism remains high regarding whether it will …

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Credbull Plume

Credbull Launches $500M Private Credit Fund with Fixed High Yield on Plume Network

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Decentralized private credit platform Credbull has introduced LiquidStone, a fixed-yield credit facility with up to $500 million in capacity, exclusively on Plume Network, a blockchain focused on real-world assets (RWA). In its first phase, the facility offers a 10% annualized yield over 30 days, with daily redemption options and an asset cap of $100 million. …

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Aptos Franklin Templeton

Franklin Templeton Expands Tokenized Money Market Fund to Aptos Blockchain

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Franklin Templeton, one of the world’s largest asset managers, has expanded its tokenized U.S. Government Money Market Fund (FOBXX) to the Aptos blockchain. This fund, valued at $435 million, is already available on multiple blockchains including Avalanche, Arbitrum, Stellar, and Polygon. The Franklin OnChain U.S. Government Money Fund (FOBXX) is the first U.S.-registered fund to …

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PayPal Completes First Business Transaction Using PYUSD Stablecoin

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In a groundbreaking move, PayPal Holdings Inc. has successfully executed its first business transaction using its proprietary stablecoin, PYUSD. The transaction, which took place on September 23, involved settling an invoice with Ernst & Young LLP via SAP’s digital currency hub, marking a significant milestone in integrating digital currencies into mainstream financial operations. Key Highlights …

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South Korea Tightens Regulations on Illegal Crypto Activities

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South Korea has significantly increased its regulatory efforts in the cryptocurrency space, particularly following the implementation of the Virtual Asset User Protection Act in July 2024. This new act was designed to protect investors and enforce operational transparency among crypto exchanges. The Financial Supervisory Service (FSS) has been conducting thorough inspections of cryptocurrency platforms to …

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Athena Introduces AI Tools to Increase Profitability In Financial Markets

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Athena makes moves to become an essential companion in finance by empowering users with the knowledge and tools they need to navigate complex markets confidently and precisely. AI is rapidly revolutionizing the world, shaping how we live, work, and interact. On the other hand, its importance in today’s fast-paced financial markets, cannot be overemphasized. It …

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SolarTrip Introduces Kaspa ($KAS) for Payments, Driving Crypto Adoption in Travel

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SolarTrip, a leader in luxury and eco-friendly travel experiences, has taken a bold step by integrating Kaspa ($KAS) as a payment method. This move signals the growing adoption of cryptocurrencies in the travel industry, offering travelers a faster, more secure alternative to traditional payment systems. Key Features of the Integration: Enhancing the Travel Experience with …

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Trump Ross Ulbricht

Trump re-vows to “save” Ross Ulbricht

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Former President Donald Trump reaffirmed his commitment to commuting Ross Ulbricht’s sentence, the man behind the Silk Road darknet marketplace. In a Truth Social post on Wednesday, Trump responded to Ulbricht’s remarks about starting his 12th year in prison, stating, “I will save Ross Ulbricht.” At the convention, Trump made his stance clear, saying, “And …

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