Dubai’s Virtual Assets Regulatory Authority (VARA) and BlackRock-backed tokenization platform Securitize signed a Memorandum of Understanding (MoU) to advance tokenization and digital asset infrastructure across the United Arab Emirates and Dubai.The MoU will establish a collaborative framework to support regulated…

When a client named Rusty contacted crypto recovery specialist Chris Brooks in 2021, he said he and two others had won 5,000 Bitcoin in a court case, worth around $53 million at the time.They immediately set up a Zoom call…

Student loan real-world asset (RWA) protocol Pencil Finance completed a $1 million onchain student loan cycle, offering financing to thousands of students in Southeast Asia who were underserved by traditional lenders.Pencil said it completed its first fully onchain student loan…

Prediction market operator Kalshi will reportedly seek regulatory approval for a West Texas Intermediate (WTI) crude oil perpetual futures contract that never expires.The contract could be filed with the Commodity Futures Trading Commission (CFTC) as soon as next week, a…

Dangote Cement Plc will hold a high-level engagement with investors and other capital market players in London next month to bring the foreign investing community up to speed with key corporate goals and direction in the lead-up to its secondary…

US-listed spot Ether and XRP exchange-traded fund (ETF) inflow streaks ended on Wednesday, marking a reversal after sustained demand.Spot Ether ETFs recorded $48 million in net outflows on Wednesday, ending 12 consecutive trading days of inflows, according to SoSoValue data.…

Hyperscale Data has ended all Bitcoin mining operations at its Michigan facility as it prepares the site for an artificial intelligence data center customer. On Wednesday, the company said that all Bitcoin miners at the facility were switched off following an…

Federal law enforcement officials, working with cybersecurity technology company CrowdStrike, announced action against entities behind malware that enabled the theft of $150,000 in cryptocurrency.In a Tuesday notice, the US Justice Department said it had disrupted the Sality botnet and malware…

Coinbase has launched crypto derivatives trading in Canada, giving eligible users access to perpetual and dated futures tied to Bitcoin (BTC), Ether (ETH), Solana (SOL) and other assets.The products are offered through Coinbase Financial Markets, a futures commission merchant registered…

The US state of Wyoming is adding near-real-time onchain reserve verification to its state-issued Frontier Stable Token through an expanded integration with blockchain oracle network Chainlink.The Wyoming Stable Token Commission said Wednesday it adopted Chainlink Proof of Reserve to publish…

New Jersey’s Attorney General and the state’s interim director for the Division of Gaming Enforcement have officially petitioned the US Supreme Court to hear a case aimed at resolving whether state authorities or federal agencies have jurisdiction over prediction market…

Bitcoin (BTC) sold off into the early European trading hours on Wednesday to hit local lows of $76,400, per data from CoinGecko.Key points: Bitcoin’s apparent demand indicator turns negative again, with BTC price dropping to a local low of $76,400 before…

Royal Exchange Plc has appointed Geoffrey Ohen as its Non-Executive Director, effective 23 July. The insurance company disclosed the appointment in a regulatory filing signed by Lovelyn Aniekwe, the company secretary, on Wednesday. The Royal Exchange stated that Mr Ohen…

Ondo Finance is urging US regulators to bring perpetual futures tied to individual stocks onshore, arguing that the products can already operate under the country’s existing security futures framework without new rules.In three Aug. 24 comment letters to the Securities…

Ride-hailing company Uber has announced plans to discontinue its operations in Nigeria and Uganda effective 2 September, citing a review of its evolving business priorities and investment focus across Africa. Uber disclosed its decision to exit Nigeria and Uganda in…