Uganda to Pilot CBDC Backed by Treasury Bonds and Mobile Access
Global Settlement Network (GSN) has partnered with Diacente Group to launch a $5.5 billion tokenized economy in Uganda’s Karamoja region. The initiative includes piloting Uganda’s first central bank digital currency (CBDC), backed by treasury bonds and accessible via mobile devices. Built on GSN’s blockchain, the project will digitize key sectors like agriculture, mining, and energy, […] Powered by...
Report: Tokenization Firm Securitize Weighs $1B SPAC Deal With Cantor Fitzgerald
Tokenization firm Securitize is said to be exploring a potential merger with a blank-check company backed by Cantor Fitzgerald LP, according to a Bloomberg report by Crystal Tse, Olga Kharif, and David Pan, citing unnamed “people with knowledge of the matter.” According to the report, discussions reportedly involve Cantor Equity Partners II Inc., a special […] Powered by...
Crypto Trader Dead: Police Probe Kyiv Shooting Amid $19B Market Bloodbath
Amid a brutal crypto market crash and soaring financial stress, the sudden death of a prominent Ukrainian trader has rattled investors and sparked an active police investigation. Police Investigate Crypto Trader’s Death in Ukraine During Market Turbulence A Ukrainian crypto trader was found dead, triggering a formal police investigation as market uncertainty persists. On Oct. […] Powered by...
Libra Class-Action Revelations: Milei Token Was in the Works
A new confidential informant linked to actors who orchestrated the launch of Libra revealed that there was, at one point, an intention to launch a token directly tied to Argentine President Javier Milei. The revelation appears to confirm a higher level of organization behind the launch of Libra. Libra Probe Continues: A Milei Token Was […] Powered by...
Fundstrat’s Tom Lee Dismisses Market Collapse, Calls Pullback a ‘Buying Opportunity’
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 Will […] Powered by...
Stablecoin Market Jumps to $304.6B, Adding $2B in One Week
The global stablecoin market has added $2.035 billion in just seven days, pushing its total capitalization to $304.57 billion, according to data from Defillama. That’s a 0.67% increase in a week — but the furious growth behind the numbers stretches much further. The Quiet Rise of Stablecoins: A $304 Billion Digital Backbone Once a niche […] Powered by...