Author: Robertson

China announces a national data infrastructure initiative, leveraging blockchain technology to enhance transparency and trustworthiness in data management. The plan includes 5G-A upgrades, future 6G research, and aims to attract over $54.5 billion in annual investments, reinforcing its global digital economy role.
The post China to Adopt Blockchain Technology for National Data Infrastructure by 2029 appeared first on Cryptonews. …

Movement Labs, a blockchain developer founded in 2022, is reportedly closing a $100M funding round led by CoinFund and Brevan Howard Digital, boosting its valuation to $3B. The funds aim to support global scaling and growth in the Asia-Pacific region.
The post Movement Labs Close to Raising $100M Reaching $3B Valuation: Report appeared first on Cryptonews. …

Bonk has dived by 14% in the past 24 hours, falling to $0.00002959 as the crypto market drops by 8% in response to positive US economic data.
The post Why Is BONK Crashing? Major Losses Hit Meme Coins as Bitcoin Drops Below $100K appeared first on Cryptonews. …

Worldcoin co-founder Sam Altman’s rumours of a nearing AGI Breakthrough, claiming capabilities to create AI comparable to human intelligence, sparked a Worldocin rally during Monday trading.
The post Worldcoin Skyrockets as Sam Altman’s AGI Rumors Spark AI Frenzy – Could This Be 2025’s Biggest Trend? appeared first on Cryptonews. …

One large whale holding millions of PEPE tokens dumped a significant portion of its holdings earlier this week, possibly to lock in some of the profits that this meme coin produced throughout most of 2024. According to data from SpotOnChain, this wallet got rid of 217 billion $PEPE tokens that were worth $4.54 million at […]
The post PEPE Whale Dumps $4.54M – Is This the Start of a Meme Coin Sell-Off? appeared first on Cryptonews. …

SoSoValue announced $15M in Series A funding to support the development of its SSI protocol, designed to offer tokenized indices for diversified crypto investments. The round was co-led by HSG and SmallSpark, with additional backing from Mirana Ventures and SafePal.
The post SoSoValue Secures $15M Series A Funding for Spot Index Protocol Development appeared first on Cryptonews. …

Bitfinex Derivatives, the derivatives arm of crypto exchange Bitfinex, has obtained a Digital Asset Service Providers (DASP) license to operate in El Salvador.
The post Bitfinex Derivatives Secures DASP License to Operate in El Salvador appeared first on Cryptonews. …

Coinbase has achieved a partial win in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).
The post Coinbase Secures Appeal in Legal Battle with SEC, Halting Lawsuit Progress appeared first on Cryptonews. …

Portugal’s Banco de Investimentos Globais (BiG) has suspended fiat transfers to crypto platforms, citing European Central Bank guidance and anti-money laundering regulations, a move criticized for potentially pushing users toward decentralized solutions.
The post Portugal’s BiG Bank Reportedly Halts Transfers to Crypto Platforms appeared first on Cryptonews. …