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39 US state banking groups form BankChain Alliance for 2027 blockchain launch

Thirty-nine U.S. state bankers associations have formed BankChain Alliance to develop a bank-owned blockchain network for tokenized deposits, stablecoins, smart payments and automated settlement, with a launch targeted for 2027. BankChain Alliance said in its Aug. 25 announcement that the…

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$TRUMP surged 93% this week but 98% of buyers are still underwater

The president’s meme coin rallied from $1.37 to $3.60 in 10 days. Team linked wallets immediately moved $6.2 million to OKX. Nearly a million wallets are sitting on $3.81 billion in combined losses. The arithmetic does not favor the late…

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Mirae Asset plans $108B digital asset push with Digital X

Mirae Asset Group has set an initial target of building its digital asset business to 150 trillion won ($108 billion) and turning it profitable in 2027, using newly acquired crypto exchange Digital X as a central part of its “Mirae…

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Connecticut sues Kalshi over unlicensed sports event contracts

Connecticut has sued Kalshi and asked a court to block the prediction market platform from offering sports event contracts that state officials classify as unlicensed sports wagering. The Connecticut Attorney General’s Office said Wednesday that Attorney General William Tong, Department…