Secret3 AI

MGX, a fund backed by Dubai’s ruling family, has acquired a 15% stake in TikTok’s U.S. business as part of a restructuring aimed at increasing American control over the popular video app. This deal, reported recently, sees MGX partnering with Oracle, a leading database company co-founded by

Moody's Ratings cautions that the rapid adoption of stablecoins could threaten monetary policy and financial stability in emerging markets. The report highlights that the use of stablecoins—often pegged to fiat currencies like the US dollar—may diminish central banks' authority over interest rates and exchange rates,

A meme coin tied to Pinkfong, the creator of Baby Shark, collapsed after the company announced it was unauthorized. The token was minted using Story Protocol, a platform designed for managing intellectual property rights, which supported the creation of derivative works. Pinkfong warned that legal actions would follow for those

Today in crypto, Kraken reportedly raised $500 million at a $15 billion valuation ahead of a potential public offering. This funding aligns with industry expectations of an IPO. In the UK, UK Finance launched a pilot for tokenized sterling deposits with six major banks, including Barclays and HSBC, aiming to

Bitcoin is currently facing a bearish sentiment among predictors on Myriad Markets, who now believe it will fall to $105,000 before potentially rising to a new all-time high of $125,000. The probability of hitting $105,000 has surged to 68%, reflecting a significant shift in expectations over the

Hester Peirce, a commissioner at the SEC known as 'Crypto Mom,' humorously spoke about her potential plans to become an NFT creator after her tenure at the agency. At a recent Coin Center event, she used NFT metaphors to express her ongoing commitment to establishing sound crypto policies.