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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 05:22
    10T Holdings and 1RoundTable Merge to Form New Entity 50T and Launch $500 Million Fund
    According to Jinse Finance, crypto venture capital firm 10T Holdings has announced its merger with 1RoundTable Partners (1RT) and will be rebranded as 50T. The new entity will focus on digital asset businesses and emphasize a structured downside protection investment strategy. At the same time, 50T has launched a new fund, the 50T Fund, with a size of $500 million. The fund is expected to complete its first private fundraising round in the fourth quarter of this year.
  • 05:22
    AguilaTrades' ETH Long Positions Partially Liquidated, Total Losses Reach $31 Million Again
    According to Jinse Finance, Onchain Lens monitoring shows that AguilaTrades' ETH long positions (15x leverage) were partially liquidated, with a liquidation amount of 7,160 ETH, valued at $26.17 million. AguilaTrades previously faced a loss of $35 million, then fully recovered the losses, but now the losses have once again reached $31 million.
  • 05:08
    Western Union explores integrating stablecoin services, calling it an opportunity rather than a threat
    According to ChainCatcher, The Block reports that Western Union CEO Devin McGranahan has stated the company is exploring the possibility of launching stablecoin services within digital wallets and plans to establish on- and off-ramp partnerships to support customers in buying and selling stablecoins. He emphasized that stablecoins present three major opportunities: increasing the speed of cross-border transfers, facilitating stablecoin-to-fiat exchanges, and serving as a store of value in volatile economies. This initiative was proposed following the signing of the GENIUS Act, which establishes a federal regulatory framework for stablecoins and promotes their compliant development within the global mainstream financial system.
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