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China’s Digital Yuan Scores Taiwan First with Bond Offering


China’s digital yuan has completed another historic CBDC first, with a Taiwan-based firm “successfully” issuing e-CNY bonds. The offering, an ultra-short-term financing bond, was launched by Xiamen Xiangyu Group (XMXYG), a Mainland Chinese financial firm based in Xiamen that also...

Another Court Finds SEC Acted ‘Arbitrarily and Capriciously’


The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule. “Another day and another court finds that the SEC again acted...

Crypto VC Investments Continue to Take a Hit, Drop Another 10% MoM


There has been a significant decline in publicly disclosed investment projects by crypto venture capitalists (VCs) during the month of October. Data from RootData indicate a 10% month-on-month decrease, with only 75 investment projects recorded compared to 83 projects in September 2023, as reported...

Biggest Movers: XRP 8% Higher, Hitting 10-Week High


XRP was one of the biggest gainers on Tuesday, as price rose by as much as 8% in today’s session. The surge pushed the token to its strongest level since the middle of August, and closer to a key resistance zone. Toncoin was another notable gainer, climbing by over 6% today. XRP...

Lucky Solo Miner With 11 PH/s Bags Bitcoin Block Reward Amid Giant Pools 


Recent insights reveal that a solo miner successfully mined block 814,308 employing a mere 11 petahash per second (PH/s) of mining power. This feat was achieved through Solo Ckpool, a service for solo miners endowed with lower hashrates or older, less efficient hardware. Solo Miner Finds Another...

Proof-of-Value Meme Coin Sensei Inu Explodes Past $300K in Stage 1 Presale


The Sensei Inu ($SINU) presale has surged past $300K after a highly successful launch with significant ecosystem developments in the pipeline. What’s next for this trending meme coin? It would be easy to write Sensei Inu off as another Shiba Inu copycat looking to capitalize on meme coin...

Big Xbox Shakeup Might Avoid Another Redfall Debacle


Today Microsoft announced a re-organization within its Xbox division that will see ZeniMax and Bethesda Game Studios report more directly to head of game services, Matt Booty. The shift comes after vampire shooter Redfall was so poorly recieved that Microsoft Gaming CEO Phil Spencer went on a...

Biggest Movers: LINK, SOL Race to Highest Levels Since 2022


Chainlink extended recent gains on Wednesday, as the cryptocurrency rose to its highest point since last year. Prices rose by as much as 9% today, taking the total gain to 50% over the last seven days. Solana was another notable gainer, surging over the $33.00 mark. Chainlink (LINK) Chainlink...

Binance Executives in UK and France Leave Crypto Exchange


Another two executive departures, in the United Kingdom and France, have extended a string of managerial exits at Binance this year. They come as the leading cryptocurrency exchange faces continued regulatory pressure in a number of jurisdictions in Europe and beyond. Binance U.K., Bifinity...

Egypt Becomes First MENA Country to Issue Chinese Yuan-Denominated Bonds


Eygpt has reportedly become the first Middle East North Africa (MENA) region country to issue so-called “panda bonds” after it issued Chinese yuan denominated bonds worth $479 million. Issuing panda bonds marks another step in Egypt’s attempts to move away from costly dollar...

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