Xapo Bank teams up with trading firm Hilbert Group to launch $200m Bitcoin fund

Hilbert Group partners with Xapo Bank to launch a Bitcoin-denominated hedge fund with over $200 million in expected capital. Quantitative investment company Hilbert Group has announced a strategic partnership with crypto-friendly Xapo Bank to manage a new Bitcoin-denominated hedge fund. In an Aug. 27 press release, the Stockholm-headquartered company said that the fund, set to launch in September, is expected to attract over $200 million in initial capital from Xapo Bank and other investors throughout 2024. The idea behind the initiative is to provide corporates, businesses, and professional investors with…

Russia To Launch New Cryptocurrency Trial for Cross-Border Payments To Overcome Sanctions: Report

Russia is reportedly gearing up to launch a new crypto-based cross-border payments system in an effort to overcome economic sanctions. Bloomberg reports that the Russian government wants to use digital tokens for cross-border transactions to help ease payment difficulties for its companies that have been affected by international sanctions placed on the country. According to people “with knowledge of the matter who asked not to be named discussing private information,” Russia will attempt to use the National Payment Card System (NSPK) to trade rubles and crypto assets when testing payments…

Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025

Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance of adopting this “dollar-dependent” stablecoin to stabilize the market and bring debt onshore. A Faster and Cheaper Way […] Source CryptoX Portal

Russia Makes Plans To Launch Crypto Exchanges and Stablecoin: Report

Russia is reportedly making plans to launch its very own crypto exchange platforms and stablecoins. According to a new article by local news publication Kommersant, Russia is planning on creating at least two crypto exchanges – one based in Moscow and another in St. Petersburg – as well as stablecoins pegged to the Chinese yuan and BRICS currencies. Russia is part of an economic alliance with Brazil, India, China, and South Africa known as BRICS. The report goes on to say that the exchanges – which will be mainly reserved for wealthy…

Cardano Rises 8% As Hoskinson Reveals Launch Date For Highly Anticipated Chang Fork

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

SuperRare Rockets 222% In 7 Day Investors Load Up For Launch In New 1000X Cryptocurrency

Only a few tokens have captured attention as quickly and dramatically as SuperRare (RARE). Over the past week, SuperRare (RARE) has skyrocketed by 222%, a surge that has investors eagerly eyeing the next big opportunity in the market. With SuperRare’s price now standing at $0.260561, up 24.16% in just the last 24 hours, the momentum is undeniable. But as SuperRare continues to break new ground, another cryptocurrency is quietly gaining traction and preparing for what could be an explosive launch—Mpeppe (MPEPE). The Meteoric Rise of SuperRare (RARE) SuperRare (RARE) is…

We launch new tool to generate privacy notices

We have launched a new, quick and easy-to-use tool to help small organisations and sole traders create a bespoke privacy notice and protect people’s information rights. Under data protection law, every organisation that holds people’s information needs to explain why it holds it and what it does with it. This is so their customers, suppliers, staff and volunteers know what will happen to their personal information. Organisations can provide this information through a privacy notice, which is displayed on its website or included in other communications, to ensure they’re compliant.…

Tether (USD₮) Set to Launch on Aptos Blockchain

James Ding Aug 19, 2024 09:56 Tether announces the launch of its USD₮ tokens on the Aptos Blockchain, enhancing accessibility and utility with advanced technology. Tether Operations Limited (Tether), the leading company in the digital assets industry, has revealed plans to launch its USD-pegged Tether tokens (USD₮) on the Aptos Network. According to tether.io, this move is part of Tether’s broader strategy to enhance the accessibility and utility of digital currency by leveraging Aptos’ cutting-edge blockchain technology. Aptos Network’s Capabilities Aptos is…

Trump Organization to Launch a Cryptocurrency Initiative, Eric Trump Says: Report

Eric Trump, the son of former President Trump and executive vice president of the Trump Organization, teased the coming project in an interview with the Post, but declined to share any specific details, saying only that the “moment everything is final and ready to go” the crypto project will be publicly announced. He hinted that the project could involve “digital real estate,” suggesting that people may be able to lend or borrow funds through it. Source