Bitcoin Slides Under $64,000 Again as $100 Million Liquidated in an Hour
Bitcoin fell back under $64,000 on July 28 as roughly $100 million in leveraged positions were wiped out across the crypto market inside 60 minutes, marking the third time this week traders have been flushed out around that level. Bitcoin’s Third Break Below $64,000 This Week The $64,000 level has become a battleground of sorts […] Powered by...
South Korea Giants LG CNS and POSCO International Deploy Live Trade Data on Injective Blockchain
POSCO International and LG CNS have launched a pilot on the Injective blockchain to tokenize real trade accounts receivable using live data from overseas subsidiaries. Overcoming Legacy Trade Bottlenecks POSCO International and LG CNS have launched a pilot to tokenize live trade receivables on the Injective blockchain, marking one of South Korea’s most advanced real‑world […] Powered by...
Ratio CEO Says Multi-Currency Stablecoins Could Eliminate Costly FX Conversions Across Asia
Global trade still relies on outdated correspondent banking networks, pre-funded Nostro/Vostro accounts, and time-zone mismatches that cause multiday delays. Industry leader John Cho advocates for a multi-currency stablecoin ecosystem where local currency stablecoins complement USD stablecoins to prevent double foreign exchange conversions. The Friction of Foreign-Exchange Overhead For decades, the global financial plumbing that...
SUI Slips to Support Near $0.72 as Traders Eye a Gaussian Channel Bounce
SUI dropped back to the lower band of its Gaussian Channel indicator this week, trading near $0.72 as chart watchers debate whether the token can climb back toward the midpoint. The pullback landed as Abu Dhabi’s Mubadala Capital tokenized a $75 million private markets fund partly on the blockchain. A Familiar Support Zone Crypto trader […] Powered by...
Lummis: CLARITY Act Closes Gaps North Korea’s Lazarus Group Used to Steal $6.75 Billion
Senator Cynthia Lummis (R-WY) said the CLARITY Act closes illicit-finance gaps that groups like North Korea’s Lazarus Group have exploited, arguing the bill hands the U.S. Treasury Department and crypto exchanges new authority to freeze suspicious transactions before funds move overseas. Section 303 and 305 Target Illicit Funds Cynthia Lummis, one of the CLARITY Act’s […] Powered by...
