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Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

Ripple Leverages Chainlink Price Feeds for Enhanced RLUSD Utility

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Ripple has integrated Chainlink Price Feeds to enhance the functionality and security of its stablecoin, RLUSD. By utilizing Chainlink’s decentralized oracle network, RLUSD users can now access real-time, reliable asset pricing data directly on-chain. Key Benefits: Enhanced DeFi Integration: Enables seamless integration of RLUSD into DeFi applications such as lending and trading platforms. Improved Security: Provides … Read more

Coinbase Wins Interlocutory Appeal in SEC Lawsuit

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Coinbase has secured a significant victory in its ongoing legal battle with the Securities and Exchange Commission (SEC). On January 7, U.S. District Judge Katherine Polk Failla granted Coinbase’s request for an interlocutory appeal to the Second Circuit Court of Appeals.    The SEC sued Coinbase in June 2023, alleging the cryptocurrency exchange operated as … Read more

Lotte Group Partners with Arbitrum to Power Caliverse Metaverse Platform

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South Korea’s Lotte Group, a leading conglomerate, has entered a strategic partnership with Arbitrum to enhance its Caliverse metaverse gaming platform. This collaboration aims to integrate cryptocurrency payments into the platform, offering users seamless gaming experiences within the rapidly evolving Web3 ecosystem. Caliverse, Lotte’s dedicated app, will leverage Arbitrum’s high-performance Layer-2 blockchain infrastructure. This includes … Read more

El Salvador Bolsters Bitcoin Reserves with New Acquisition

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El Salvador has continued to expand its Bitcoin holdings, adding to its reserves since September 2021, when it became the first country globally to adopt Bitcoin as legal tender. This recent acquisition underscores the nation’s unwavering commitment to leveraging cryptocurrency for financial inclusion, economic growth, and a reduced reliance on traditional banking systems. While the … Read more

Zoo: Telegram’s Latest Hit, Even if it’s Not Much of a Game

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Last year’s wave of Telegram tap-to-earn games may have subsided, but a new contender has emerged: Zoo. This FarmVille-inspired game, where users build and manage a virtual zoo, has captivated millions of Telegram users with its promise of token rewards. Building Your Animal Kingdom Zoo, unlike many of its predecessors, focuses on passive income generation. … Read more

Pierre Poilievre’s Bitcoin Move Boosts His Pro-Crypto Appeal

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Known for his progressive stance on cryptocurrency, Pierre Poilievre, Leader of Canada’s Conservative Party, recently made a bold move by using Bitcoin for everyday purchases. His decision to pay for a shawarma with Bitcoin may seem symbolic, but it carries significant weight in showing his commitment to the adoption of digital currencies. Poilievre’s action is … Read more

HashKey Expands into Europe with Irish VASP License

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Hong Kong-based cryptocurrency exchange HashKey has secured a significant milestone by obtaining a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland. This development, announced on January 7, 2025, through HashKey Europe Limited, marks the company’s entry into the European market.    The Irish license authorizes HashKey to engage in a wide … Read more

Czech Central Bank Considers Bitcoin for Reserves, Following US Trend

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The governor of the Czech National Bank (CNB), Aleš Michl, recently discussed the possibility of Bitcoin being considered as a diversification strategy for the country’s foreign exchange reserves, signaling increasing government interest in cryptocurrencies as a potential savings technology. In an interview with CNN Prima News, Michl stated that he had considered acquiring “a few … Read more

Andrew Tate Launches “BRUV Party” with Bitcoin as a Cornerstone

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Controversial figure Andrew Tate has launched a new political party in the UK, dubbed the “BRUV Party” (short for “Britain’s Resurgence Union”). With his sights set on becoming the next Prime Minister, Tate’s platform centers on Bitcoin, advocating for the creation of a national Bitcoin reserve. Tate argues that the UK is falling behind in … Read more

Sending Money Abroad with Cryptocurrency: A Guide

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In 2010, Laszlo Hanyecz famously used Bitcoin to buy two pizzas, a landmark moment in cryptocurrency history. Today, Bitcoin and other cryptocurrencies have emerged as potential solutions for international money transfers.    Why Traditional Transfers are Expensive Traditional methods like bank transfers involve multiple intermediaries, leading to: High fees: Transfer fees, intermediary bank fees, and … Read more

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