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Jason Zhao, co-founder of intellectual property blockchain project Story Protocol, is stepping away from his full-time role after more than three years of building the platform.Zhao announced via a social media post that he will remain as a strategic adviser while turning his focus to a new AI initiative, Poseidon,
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Rick Rieder, BlackRock’s chief investment officer of global fixed income, said earlier this week the current backdrop represents the “best investment environment ever,” citing unusually favorable dynamics in both equity and bond markets.Speaking on CNBC, Rieder described “extraordinary” technical conditions in equities, with trillions of dollars still parked in money
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Wellgistics Health Inc. is deploying an XRP Ledger-based payment system for thousands of pharmacies across the United States, deepening its bet on blockchain as it looks to overhaul healthcare finance.The Nasdaq-listed distributor (WGRX) has announced that its new platform enables independent pharmacies to pay for drug inventory and move funds
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The Federal Reserve continued its relaxation of crypto oversight on Friday with a move to shut down a two-year-old supervisory program intended to keep a special eye on banks' crypto ties, instead folding that task back to its day-to-day oversight work.The central bank established its short-lived Novel Activities Supervision Program
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Digital asset treasury (DAT) firms, seen as high-beta plays on crypto prices, sold off sharply on Friday as the August crypto rally showed signs of exhaustion.Strategy (MSTR) fell another 3% on Friday, extending its decline to 20% since July’s high and 33% from the November 2024 all-time high. The MSTR/IBIT
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Stellar lumens (XLM) traded in a tight range over the past 24 hours, holding between $0.42 and $0.43 from Aug. 14 at 15:00 UTC through Aug. 15 at 14:00 UTC. The token saw measured gains before late-session profit-taking pushed prices 1% lower to $0.43 in the final hour of trade.
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Czech police have detained convicted drug trafficker Tomáš Jiřikovský, the man behind a multi-billion-dollar bitcoin donation to the country’s Ministry of Justice, escalating a scandal that has already claimed a cabinet minister.The Supreme Public Prosecutor’s Office said Thursday that the National Centre for the Fight Against Organised Crime (NCOZ) intervened
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HBAR posted sharp price swings over the 24 hours between Aug. 14 at 15:00 and Aug. 15 at 14:00, moving within a $0.015 range, a 6% gap between the day’s high of $0.259 and low of $0.244. The token faced heavy selling pressure early in the session, bottoming at $0.244
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Ether's (ETH) recent rally to $4,780 has delivered a wealth of profits to several high-profile hackers, who have capitalized on the surge by offloading their ill-gotten gains.In three separate case, on-chain data, revealed by X account EmberCN, shows hackers strategically liquidated their ETH holdings for tens of millions in profit.The
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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 4261.62, up 1.0% (+40.35) since 4 p.m. ET on Thursday.Twelve of 20 assets are trading higher.Leaders: AVAX (+3.4%) and ADA (+3.4%).Laggards: ICP (-1.0%) and LINK
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