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Solana, a prominent name in the blockchain sector, has taken a step further towards integrating Web3 with hardware. Over the weekend, Solana and Swiss watchmaker Franck Muller announced the launch of a limited-edition Web3 enabled luxury watch, priced at CHF 20,000 (roughly Rs. 20.7 lakh). The launch marks the second time Solana has linked its…
Dubai investors can now purchase tokenised shares of “ready to own” properties, following the launch of the city’s first real estate tokenisation initiative this week. The project is being overseen by the Dubai Land Department (DLD) and the Central Bank of the United Arab Emirates. According to an official announcement issued on May 25, the…
X Money is expected to launch later this year, bringing support for digital payments to X, the microblogging platform previously known as Twitter. Tesla CEO Elon Musk has been teasing the X Money payments service for the past three years. While the billionaire has yet to announce a launch date for the service, Musk recently…
Trump Media and Technology Group will raise about $2.5 billion (roughly Rs. 21,417 crore) to invest in Bitcoin, US President Donald Trump’s social media company said on Tuesday, as it looks to diversify its revenue. The company is raising the funds by selling $1.5 billion (roughly Rs. 12,852 crore) in stock at its last closing price and…
Circle Internet said on Tuesday it was targeting a valuation of up to $6.71 billion (roughly Rs. 57,404 crore) on a fully diluted basis in its US initial public offering, as the stablecoin giant looks to tap into growing optimism around cryptocurrency. New York-based Circle and some existing investors are looking to raise up to $624…
The crypto market reflected more gains than losses on Wednesday, May 28. Bitcoin price rose by under two percent in the last 24 hours on international exchanges. At the time of writing, BTC was trading at $108,898 (roughly Rs. 93.2 lakh) on global platforms. The most expensive crypto asset exceeded the mark of $111,500 (roughly…
Luxembourg has raised a red flag against the misuse of cryptocurrency firms. In its 2025 National Risk Assessment (NRA) report, the country said that crypto companies were at a high risk of being exploited by money launderers. The report comes at a time when the crypto sector is showing gradual signs of expansion in the…
BlackRock plans to acquire about 10 percent of the shares offered in Circle Internet Group’s initial public offering, according to people familiar with the matter, as the worlds of traditional finance and cryptocurrency continue to deepen their ties. The stablecoin issuer and some of its shareholders including co-founder and Chief Executive Officer Jeremy Allaire are seeking to…
The US is gearing up to make Bitcoin an integral part of its economy under President Donald Trump. This week, the annual Bitcoin Conference kicked off in Las Vegas, attracting industry leaders from around the globe. On May 28, JD Vance took centre stage at the event to outline the country’s stance on cryptocurrencies. The…
Airtel Founder and Chairman Sunil Mittal has expressed support for regulation of crypto and artificial intelligence (AI) in India. Speaking at an event on Thursday, Mittal urged the government to set clear regulations to oversee the sector. The topic of regulating the digital assets sector was previously broached by the Supreme Court earlier this month….