Key Takeaways Pakistan may launch a rupee-backed stablecoin to enhance financial access and modernize payments. The initiative is considered alongside the creation of comprehensive digital asset regulations. Share this article Pakistan is exploring the launch of a rupee-backed stablecoin, a cryptocurrency designed to maintain value stability through asset pegging, as part of broader efforts to enhance financial access and modernize its payment systems, according to Daily Times.Policymakers are evaluating the stablecoin launch alongside comprehensive digital-asset regulations to prevent missed economic opportunities. The proposed digital asset aims to improve cross-border transactions and remittances for Pakistani citizens.The rupee-backed stablecoin initiative is driven…
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Semilore Faleti is a cryptocurrency writer specializing in the fields of journalism and content creation. Semiroa started writing on a few subjects, but quickly found a knack for navigating the intricacies and intricacies of the fascinating world of blockchain and cryptocurrencies. Semilore is attracted to the efficiency of digital assets in terms of storing and transferring value. He believes that cryptocurrencies can improve the digitalization and transparency of the existing financial system, and is a strong advocate for the adoption of cryptocurrencies. During his two years of active cryptocurrency writing, Semilore has covered various aspects of the digital asset space,…
Seven families filed lawsuits against OpenAI on Thursday, claiming that the company’s GPT-4o model was released prematurely and without effective safeguards. Four of the lawsuits address ChatGPT’s alleged role in family members’ suicides, while the other three claim that ChatGPT reinforced harmful delusions that in some cases resulted in inpatient psychiatric care. In one case, 23-year-old Zane Shamblin had a conversation with ChatGPT that lasted more than four hours. In the chat logs — which were viewed by TechCrunch — Shamblin explicitly stated multiple times that he had written suicide notes, put a bullet in his gun, and intended to…
Arweave price has rallied 25.5% today, leading the DePIN sector surge. Arweave Day Asia has boosted the AO ecosystem and developer interest. The immediate support sits at $5.03 while the resistance is found near $6.31. Arweave (AR) price has witnessed a powerful 25.5% rally in the past 24 hours, outpacing both the broader crypto market and its peers in the Decentralised Physical Infrastructure Networks (DePIN) sector. This comes amid renewed investor interest in decentralised storage projects as traders position themselves for a potential long-term breakout. DePIN sector sees renewed interest The DePIN sector has captured attention this week, surging 10.93%…
Key Takeaways Bitcoin has identified liquidation clusters around $105K and $98K, according to market analysis. These zones represent areas where large amounts of leveraged long and short positions are likely to be forcibly liquidated if the price moves to these thresholds. Share this article Bitcoin faces potential liquidation zones around $105,000 and $98,000, according to current market analysis. These price levels represent areas where concentrated leveraged positions could trigger forced closures if the leading crypto asset moves toward either threshold.Traders monitor liquidation clusters as key indicators of potential price magnets, where sharp movements often trigger cascading liquidations. High-leverage positions in…
DUBAI, UAE, Nov. 7, 2025 /PRNewswire/ — Mantle, the high-performance distribution and liquidity layer for real-world assets (RWAs), together with Bybit and Backed, today announced its strategic collaboration to bring tokenized U.S. equities onchain through xStocks, enabling 24/7 access to leading global assets directly within the Mantle ecosystem.Through xStocks, users can gain exposure to tokenized versions of leading equities such as NVDAx, AAPLx, and MSTRx, seamlessly connecting traditional financial assets with the composability of decentralized finance. The collaboration combines Mantle’s scalable blockchain infrastructure, Bybit’s global exchange liquidity, and Backed’s regulated tokenization framework to deliver a fully onchain experience for traditional…
The crypto market is bursting with excitement as the bulls have once again taken charge. New projects, such as Digitap ($TAP), a promising crypto banking application, are capturing the investors’ attention and increasing funds. Meanwhile, long-established cryptocurrencies, like Ripple’s $XRP, are targeting new ATHs.With so many things happening, it’s easy to get caught up in the frenzy. So, in this article, we focus on two stellar performances that may define the end of the year in the crypto landscape.An Analysis of the Crypto Market TodayThe crypto sector was struggling to survive a bloodbath only a couple of weeks ago. Most…
On Thursday, the Laude Institute announced its first batch of Slingshots grants, aimed at “advancing the science and practice of artificial intelligence.” Designed as an accelerator for researchers, the Slingshots program is meant to provide resources that would be unavailable in most academic settings, whether it’s funding, compute power, or product and engineering support. In exchange, the recipients pledge to produce some final work product, whether it’s a startup, an open-source codebase, or another type of artifact. The initial cohort is fifteen projects, with a particular focus on the difficult problem of AI evaluation. Some of those projects will be…
Dubai, UAE, November 7th, 2025, ChainwireBybit, the world’s second-largest cryptocurrency exchange by trading volume, disclosed the October performance of its Private Wealth Management (PWM), highlighting continued stability and strong returns amid a month marked by volatility and global market tension.Performance HighlightsIn the latest Bybit PWM newsletter for October 2025, Bybit PWM demonstrated consistent strength across its portfolio, underscoring the division’s disciplined approach to managing wealth in dynamic markets.October, often referred to as “Uptober” for its traditionally strong crypto performance, diverged from its usual trajectory this year. Escalating U.S.–China tariff tensions — particularly following the Oct. 11 developments that triggered widespread…