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Bitfire launches compliant crypto quant strategy as RWA assets top HK$2B

Bitfire Group has expanded its real-world asset business and launched what it calls Hong Kong’s first compliant crypto asset quantitative strategy after its profit-contributing assets under management climbed above HK$2 billion. According to a press release shared with crypto.news, Bitfire…

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Russian telecom giants prepare to accept digital ruble payments from Sept. 1

Russia’s MTS, Rostelecom and MegaFon have prepared to accept digital ruble payments from Sept. 1 as Russia begins the first mandatory stage of its nationwide central bank digital currency rollout. Vedomosti reported that the three major telecommunications operators are preparing…

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City Protocol secures $11M as Venzo vaults reach $40M TVL

City Protocol has raised $11 million across seed and Pre-A financing rounds as the company expands infrastructure for bringing structured investment products on-chain. According to City Protocol’s Aug. 26 announcement, Dragonfly, Jump Crypto, CMT Digital, Stratified Capital, Adaverse and Mirana…

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Dunamu wins approval to use South Korea government data for Upbit KYC

Dunamu has become the first South Korean crypto exchange operator approved to use the government’s shared administrative information system, giving Upbit a new way to verify customer information during KYC checks. Yonhap News Agency reported on Aug. 26 that South…

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Tornado Cash co-founder Roman Storm retrial pushed to April 2027

A U.S. federal judge has pushed Tornado Cash co-founder Roman Storm’s retrial to April 26, 2027, about six months later than planned, while his motion seeking to overturn his existing conviction remains unresolved. The Aug. 25 court order states that…

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LayerZero launches ATLAS exchange infrastructure as ZRO jumps 16%

LayerZero has unveiled ATLAS, an exchange infrastructure layer built on its Zero blockchain for crypto trading platforms and financial institutions, while ZRO has climbed more than 16% following the announcement. LayerZero said ATLAS, short for Aggregated Trading, Liquidity and Settlement,…

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Kalshi raises $1.12 billion after securing $22 billion valuation

Kalshi has raised about $1.12 billion through an equity offering since April, with a new U.S. securities filing showing roughly $380 million remains available under the nearly $1.5 billion offering. The Securities and Exchange Commission filing submitted on Aug. 25…