Author: John Smith

World Liberty Financial’s stablecoin, USD1, has been used to facilitate Abu Dhabi’s AI investment firm MGX’s landmark $2 billion investment into Binance. At Token2049 on May 1, World Liberty Financial co-founder Zach Witkoff confirmed that the project’s USD-pegged stablecoin, USD1, has been selected as the official stablecoin for MGX’s investment into Binance. “We are excited to announce today that USD1 has been selected as the official stablecoin to close MGX’s $2 billion investment in Binance. We thank MGX and Binance for their trust in us and I think it’s only the beginning,” said Witkoff during the conference. The investment marks…

VIRTUAL rallied as much as 38% today following renewed investor interest after the Virtuals’ team rolled out a big Genesis update aimed at boosting transparency across the ecosystem. According to data from crypto.news, Virtuals Protocol (VIRTUAL) surged to an intraday high of $1.67 on the morning of May 1, extending its gains to nearly 300% from last month’s low.  As of press time, its market cap has crossed the $1 billion mark, with daily trading volume reaching nearly $600 million, a 60% increase from the previous day. Today’s surge adds fuel to a rally that kicked off back on April…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Dubai isn’t just adopting web3—it’s engineering the environment where it will thrive. Through a unique convergence of regulatory clarity, public-private collaboration, and a relentless drive for innovation, the Emirate is rapidly positioning itself as one of the most forward-thinking jurisdictions for digital assets and tokenized finance. Through innovation-friendly regulatory standards and the government’s bold policy strategies, such a pro-enterprise ecosystem ensures economic sustainability, financial security, investor protection, cross-border trades, robust risk mitigation mechanisms, and industry-leading collaborations. As…

Galaxy Digital has confirmed its plans to debut on Nasdaq in May, pending shareholder and final listing approval. According to an April 30 announcement, the crypto investment firm aims to begin trading on the Nasdaq Global Select Market under the ticker symbol GLXY on May 16, 2025. The move marks a major step in Galaxy’s long-anticipated transition to U.S. markets, which CEO Mike Novogratz described as a “transformative milestone” that supports the firm’s mission of building a gateway to digital assets and AI. Novogratz added that the Nasdaq listing would enhance shareholder value and attract a broader base of U.S.…

Finding a decent tool or service that helps you stay on top of your tax requirements is one of the most crucial things you can do if you’re investing in cryptocurrencies. Without one, you run the risk of paying more than you should or failing to file at all. Both the widely used cryptocurrency tax calculators Koinly and Cointracking offer comparable functionality and cost. Thus, to make things simpler, this article will get you through CoinTracking vs Koinly, comparing all of the features and fees of both crypto tax software.  Summary FeatureCoinTrackingKoinlyPlatforms SupportedSaaS / Web, iPhone, AndroidSaaS / WebAPIAvailableAvailablePricingFree version…

In today’s era, lawyers thrive in the professional and technologically advanced arena of legal ai tools. These tools are AI for lawyers that help them by streamlining legal research, contract analysis, and governance and compliance monitoring, among other responsibilities. These instruments are essential to contemporary legal practice since they increase accuracy and efficiency simultaneously. In this article, we are going to explore the best legal AI tools out there. What are legal AI tools? Legal AI tools are software programs that help legal practitioners with a variety of activities by leveraging artificial intelligence techniques, including machine learning and natural language…

Key Takeaways: The Central Bank of the United Arab Emirates (UAE) and the Reserve Bank of India (RBI) have decided to work together on cross-border central bank digital currency (CBDC) transactions for commerce and remittances. The CBUAE and RBI will work together to perform proof-of-concept (PoC) and pilot(s) of the bilateral CBDC bridge. A deal to improve collaboration in a number of areas, including looking into the interoperability of central bank digital currencies, was signed by the RBI and the central bank of the UAE on Wednesday (CBDC). The Reserve Bank of India (RBI) and the Central Bank of the…

Sam Altman-backed World project officially launches in six U.S. states, allowing users to claim WLD tokens by scanning their irises. It also plans to launch a card in partnership with Visa. According to the project’s official announcement on April 30, the Sam Altman-backed project is finally making its debut in the United States. However, it is only available in six key cities for the time being, namely Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco. Users living in the six cities will be able to claim the project’s native token, WLD (WLD), by downloading the World App, verifying their…

This article would be talking about the top 5 live online bitcoin casino gaming platforms. There are a lot of platforms that you can choose from, however, it can be weary for you to go through all of them individually. The following free live bitcoin casino games are more interesting for bettors than most of their competitors out there. Summary SummaryA lot of people ask about the top online bitcoin casino gaming platforms that can offer free games. At first glance, it may look easy to choose but there are some options that are better than others.CrybetoIt is highly concerned…

Despite the news that Binance will delist the token on May 2, Alpaca Finance shocked the cryptocurrency market with a 1,100% price increase in the last week. Binance announced on Apr. 24 that it would remove ALPACA and three other tokens from its platform following a routine evaluation. The exchange cited factors such as low trading volume and developer inactivity. ALPACA spot trading pairs will be disabled on May 2, while deposits and withdrawals were phased out in the days after the announcement. Normally, tokens drop in value after delisting news, but ALPACA did the opposite. After briefly declining in…