Crypto, Forex & Blockchain News

Gemini, the cryptocurrency exchange, has enlisted Nasdaq as a strategic investor for its upcoming IPO. Nasdaq intends to purchase $50 million in shares during the private placement phase. The collaboration will allow Nasdaq’s clients to utilize Gemini’s staking and custody services, while Gemini’s clients can leverage Nasdaq’s Calypso platform. Gemini proposes to launch on Nasdaq under the ticker ‘GEMI,’ becoming the third publicly traded crypto exchange in the U.S.

Nebius Group’s shares see a 47% surge in pre-market trading after signing a $17.4 billion deal to supply Microsoft with GPUs over a five-year period. The contract value may rise to $19.4 billion as Microsoft looks to acquire additional services capacity. Other AI computing companies also see growth amidst speculation of more partnerships.

Ant Group’s unit, Ant Digital Technologies, is tokenizing over $8 billion worth of energy infrastructure on its AntChain blockchain. This process includes monitoring energy output from numerous devices across China and raising funds for clean energy projects. The firm also plans to issue tokens linked to these assets, potentially creating additional liquidity. This move exemplifies the potential of asset tokenization to provide benefits such as reduced costs and faster funding access.

US lawmakers propose a bill for the US Treasury to explore the feasibility of the Strategic Bitcoin Reserve and US digital asset stockpile ordered by President Donald Trump. If enacted, the legislation would require the Treasury Department to provide a report covering its plans for digital asset management, highlighting practical, security and legal challenges. This move is seen as a critical step in the US strategy to create a Bitcoin reserve, following a similar trend in Central Asia and the Philippines.

Pi Network price faces a bearish market outlook despite major catalysts. The article evaluates the performance of Pi Coin, which remains in a tight range despite high-profile activities such as the launch of the Valour Pi Fund and upgrades aligned with Stellar Protocol 23. The article also includes a technical analysis on the possible price risk for Pi Network.

XRP price is likely to witness a strong rebound, following a 22% drop from its peak this year. This comes as a result of its promising technicals and the forthcoming ETF deadlines. The daily chart indicates a falling wedge pattern and the application of the Murrey Math Lines tool predicts a surge to $4.2. The eventual approval of XRP ETFs is anticipated to be a significant catalyst. The article offers an in-depth analysis of these factors and their potential impact on the XRP price.

A new cyberattack targeting AI coding assistants poses a risk to developers and companies like Coinbase. The exploit, known as CopyPasta License Attack, manipulates licensing files to inject harmful codes. The threat, which bypasses traditional malware detection, can propagate across an entire codebase undetected. Security experts recommend rigorous file scanning and manual review of AI-generated changes to mitigate risk.

World Liberty Financial defends freezing hundreds of wallets including Tron’s Justin Sun, in an effort to shield users from phishing attacks. The move blacklisted 272 wallets, with around 215 linked to a phishing breach and 150 compromised via support channels. Despite speculations, onchain data show Sun’s transfers didn’t cause WLFI’s token decline, pointing instead to shorting and dumping of WLFI across various exchanges.

This article discusses the underrated importance of embracing and learning from mistakes in the world of web3 startups. Rather than focusing on cases of extreme success or failure, it emphasizes on the value of resilience, leadership, and transparency in navigating failures and leveraging them for sustainable growth. The piece also challenges traditional investment perspectives, suggesting a shift towards assessing founders’ ability to handle and rebound from setbacks in the constantly evolving blockchain environment.