Jack Dorsey, the tech mogul, has expressed his willingness to collaborate with Coinbase CEO Brian Armstrong to create a Bitcoin payments system. Armstrong had earlier stated that there was a need for a global free and instant crypto payments system. Dorsey responded by suggesting that the focus should be on Bitcoin and layer-2 technologies, and expressed his gratitude towards Coinbase for introducing more people to Bitcoin than anyone else. He also emphasized the need for an open protocol for money transmission for the internet that is not controlled by a single individual, company, or government.
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Jack Dorsey Willing to Partner with Coinbase CEO to Build Bitcoin Payments System
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FIFA President announces 'FIFA Coin' initiative
Gianni Infantino, President of FIFA, announced the "FIFA Coin" plan at a White House summit, hoping to launch their own cryptocurrency. The aim is to leverage the $170 billion football industry and the 5 billion global football fans. They will invite cryptocurrency experts to collaborate and help realize this project. -
Argo Blockchain Signs $40 Million Financing Agreement to Support M&A Transactions
Argo Blockchain, a bitcoin mining company listed on Nasdaq, has announced that it has signed a $40 million senior secured convertible loan agreement, with an initial financing amount of $15 million and the remaining $25 million to be completed in the next 18 months. Three multinational institutions have invested (specific institution names have not been disclosed) and will join the Argo board. The new funds will be used to expand its mining facility in Baie Comeau, strengthen the balance sheet, and conduct a series of potential merger and acquisition transactions. -
Binance will adjust the collateral ratio of BCH, XTZ and other assets
According to the official announcement of Binance, Binance will update the collateral ratios of various assets under the investment portfolio margin mode on March 7, 2025 at 06:00 (UTC). The update process is expected to last about an hour. The specific adjustments are as follows: The collateral ratios of BCH, XTZ, and MANA will be reduced from 85% to 75%; The collateral ratio of ONE will be reduced from 80% to 70%; The collateral ratios of BAT and DENT will be reduced from 80% to 65%. Please note that the collateral ratio adjustments will affect the unified maintenance margin rate (uniMMR), and users need to pay close attention to avoid potential liquidation risks. -
DeepSeek open-sources and releases 3FS, a high-speed parallel file system that optimizes AI data access
On the fifth day of Open Source Week, its Fire-Flyer file system (3FS) was officially open sourced. As a high-performance parallel file system, 3FS can fully utilize modern SSDs and RDMA networks to achieve high-speed data access, improving the efficiency of AI model training and inference. -
Hong Kong to allocate HK$1 billion to set up artificial intelligence research institute
The Hong Kong SAR Government will allocate HK$1 billion to establish an artificial intelligence research institute. -
Binance Futures will launch U-based and Coin-based quarterly 0627 delivery contracts
Binance Futures will launch the following quarterly 0627 delivery contracts for U-based and coin-based contracts within a few hours after the expiration of the quarterly 1227 delivery contracts on December 27 at 16:00 U. -
Binance to Launch MORPHO and CHILLGUY USDT Perpetual Contracts
Binance futures platform will launch perpetual contracts with a maximum leverage of up to 75 times at the following times: -
Coinbase International has launched COW perpetual contracts
Coinbase International has launched COW perpetual contracts. COW-PERP market limit, market, stop loss, and stop loss limit orders are now all available. -
Binance will delist GFT, IRIS, KEY, OAX, and REN
Binance will delist the following trading pairs on December 10, 2024: GFT/USDT, IRIS/BTC, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, and REN/USDT. Additionally, Binance Futures will close all positions and automatically settle the KEYUSDT and RENUSDT USDⓈ-M perpetual contracts on December 3, 2024 at 09:00 (UTC). After the settlement is completed, the contracts will be delisted. -
XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8) on November 22
On November 22nd, XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8).
Daily Must-Read
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Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG
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Trump family went pro-crypto after Biden ‘weaponized banks’ — WSJ
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New York lawmaker wants to tax crypto sales and transfers
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Trump to order probe of crypto and political debanking claims: WSJ
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Bros who tricked MEV bots with their own medicine must face trial, says judge
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Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg
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