Global

Crypto exchange Bitget and Singaporean investment firm Foresight Ventures are joining forces to launch a $20 million fund dedicated to the Telegram Open Network (TON) ecosystem. This fund aims to fuel innovation within TON, a platform that bridges the gap between blockchain technology and the widely used Telegram messenger.

Cryptocurrency giant Binance has secured a full Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA). This significant development comes after Binance initially received a Minimum Viable Product (MVP) license in July 2023.

Hong Kong is setting its sights on emerging technologies like decentralized finance (DeFi) and the metaverse to solidify its position as a global fintech leader. A recent push by the Hong Kong Institute for Monetary and Financial Research (HKIMR) highlights the potential of these areas.

The Global Digital Asset Classification Committee (Global DCA), a prominent standard-setting organization in the cryptocurrency industry, has established a subcommittee tasked with developing a comprehensive disclosure framework for crypto assets.

Stacks (STX), the cryptocurrency that powers the Stacks blockchain, has experienced a significant surge in price over the past day. According to CoinMarketCap data, STX is currently trading at around, representing an increase of roughly 8% within the last 24 hours. This positive movement comes after a period of relative stagnation for the token.

SushiSwap (SUSHI), the decentralized exchange token, is hinting at a potential rally towards $0.85 as demand appears to be picking up.