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Musk: X Money Early Access Version to Launch Next Month

2 hours ago

On March 10, Musk took to social media to announce: "The early access version of X Money will go live next month."
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Kraken Launches Tokenized Stock Trading Platform Rewards Program, Hinting at Potential Ecosystem Token

On March 10, CoinDesk reported that Kraken’s tokenized stock trading platform has launched a loyalty program—hinting at a potential ecosystem token.

4 minutes ago

Bitfinex Report: Bitcoin Price Currently Driven by Spot Demand, Laying Groundwork for High Certainty Mean Reversion Rally

March 10 — Bitfinex said in a report that Bitcoin’s $60k–$64k support range held up unexpectedly despite two weeks of geopolitical escalation after Iran’s “Black Saturday” and a disappointing U.S. nonfarm payrolls (NFP) report showing just 92,000 new jobs added. Since then, global oil prices have surged sharply — a move that could impact future Consumer Price Index (CPI) readings, as energy accounts for ~9% of the final CPI calculation. These inflationary pressures suggest all risk assets may face headwinds. For Bitcoin, however, two key forces are at play: 1. Bitcoin’s volatility is more frequent and sharp than other risk assets. As its correlation with high-risk tech sectors rises and its link to safe-havens like gold falls, Bitcoin often sells off sharply earlier than other risk assets — but also bottoms out sooner. This dynamic may be unfolding now, given Bitcoin’s underperformance vs. the S&P 500 or Nasdaq over the past two quarters. 2. The market is in a “deleveraging w

4 minutes ago

Bitcoin Surges Above $71,000

On March 10th, per HTX market data, Bitcoin has rebounded to break above $71,000. It’s currently trading at $71,212, posting a 2.73% gain over the past 24 hours.

4 minutes ago

AI-powered Legal-Tech Platform Legora Raises $550 Million in Series D Funding Round, Led by Accel

March 10 — TechCrunch reports that Legora, an AI platform for legal professionals, has closed a $550 million Series D funding round led by Accel. Existing investors Benchmark, Bessemer, General Catalyst, ICONIQ, Redpoint Ventures, and Y Combinator also participated, while new backers include Alkeon Capital, Bain Capital, Firstmark Capital, Menlo Ventures, Salesforce Ventures, Sands Capital, and Starwood Capital. Powered by large language models (primarily Claude), Legora positions itself as a tool to help lawyers tackle complex cases. Speaking via live stream at the Stockholm Techarena conference, CEO Max Junestrand noted: “While anyone can access a ‘pocket lawyer’ via Claude, our solution is built for a distinct use case.” The platform is integrated into clients’ workflows, with 800 law firms and legal teams currently using it. Legora currently operates offices in New York, Stockholm, Bangalore, London, and Sydney, with plans to expand further. Along with closing its Series D ro

4 minutes ago

Iranian Parliament Speaker: If the 'enemy' initiates a war on our infrastructure, Tehran will also take equivalent action

On March 10, an Iranian Parliament spokesperson said Tehran would respond in kind if an "enemy" first launched attacks against infrastructure, per the Financial Times.

4 minutes ago

Bloomberg: Multiple Hong Kong Family Offices Plan to Increase Exposure to Crypto Assets and Private Markets

Many Hong Kong-based family offices plan to boost their investments in private equity and digital assets over the next three years, Bloomberg reported on March 10. On Tuesday, the Hong Kong Institute for Monetary and Financial Research (HKIMR) noted in a report that wealthy families’ interest in these assets—including private credit and venture capital—is expected to “rise significantly.” Hong Kong has been actively encouraging more high-net-worth individuals (HNWIs) and their families to base their investments locally, with the goal of becoming a bridge between the mainland and global markets. A survey commissioned by the Hong Kong government and conducted by Deloitte—released last month—found that as of the end of 2023, the number of single-family offices based in the financial hub had risen to 3,384, up 25% from 2022.

4 minutes ago