Dubai Fund Acquires 15% Stake in TikTok
Dubai’s MGX fund acquires a 15% stake in TikTok’s U.S. business, partnering with Oracle for a 45% total ownership, amid regulatory scrutiny; ByteDance retains 19.9%. #Update #Crypto $USD1
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Dubai’s MGX fund acquires a 15% stake in TikTok’s U.S. business, partnering with Oracle for a 45% total ownership, amid regulatory scrutiny; ByteDance retains 19.9%. #Update #Crypto $USD1
@SoftBank and @ArkInvest are in talks to invest in Tether, which aims to raise up to $20 billion, valuing the firm at $500 billion amid a booming stablecoin market. #Update #Crypto $USDT
@RiotPlatforms received upgrades from JPMorgan and Citigroup, raising targets to $19 and $24 amid a shift to AI and cloud services, while $CIFR target doubled to $12. #Update #Crypto $RIOT
$LINK has dropped to $20.65, its lowest since early August, declining 4% in 24 hours despite $4M purchase by @Caliber and continued buying interest. Support at $19.95 holds strong. #Update #Crypto $LINK
@Kraken closed a $500M funding round, valuing the exchange at $15B, paving the way for a 2026 IPO amid executive turnover. #Update #Crypto $BTC $ETH
@CurveFinance founder Michael Egorov launched Yield Basis, a decentralized protocol aiming for sustainable $BTC yields without impermanent loss, securing $5M in funding and introducing governance via locked tokens. #Update #Crypto $BTC
China’s People’s Bank of China (PBOC) launched an international operations center for the digital yuan (e-CNY) in Shanghai, aiming to enhance cross-border payment efficiency amid a pause on tokenization efforts. #Update #Crypto $USDT
An ETH$29.1M liquidation on Hyperliquid led a $1.19B wipeout as 90% of liquidations hit longs, with $448M in ETH and $278M in BTC affected. #Update #Crypto $ETH
@Cloudflare is launching a U.S. dollar stablecoin, NET Dollar, to facilitate transactions for AI agents, aiming to modernize online payments and move away from ad-driven models. #Update #Crypto $USDC
@Keyrock reports onchain asset management AUM surged 118% in 2025 to $35B, with predictions of $64B by 2026; discretionary strategies rose 738%. Yield vaults lead at $18B. #Update #Crypto $BTC $ETH
@KuCoin is appealing a $19M penalty from Canada’s FINTRAC for failing to register as a money-services business and not reporting suspicious transactions. The case involves serious violations from 2021-2024. #Breaking #Legal $USDT
The stablecoin market is projected to reach $4 trillion by 2030, with issuance rising to $280 billion, driven by blockchain adoption in commerce and corporate demand for bank tokens. #Update #Crypto $USDT
Centrifuge has launched the first licensed S&P 500 index fund on blockchain, the Janus Henderson Anemoy S&P 500 Fund (SPXA), on Coinbase’s Base network, enabling around-the-clock trading. #Update #Crypto $SPXA
@SharpLinkGaming plans to tokenize its equity on the Ethereum blockchain via @Superstate, aiming for compliance and potential trading on decentralized exchanges. $ETH drops below $4,000. #Update #Crypto $SBET