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Chinese chip designer reportedly filed for $50M Nasdaq IPO

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Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions.

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Coin Market

CFTC files to dismiss CME lawsuit over crypto perpetual futures

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The CFTC’s lawyers called the lawsuit “much ado about nothing,“ claiming that the CME Group lacked standing to file and argued against its claims over crypto perpetual futures.

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Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network

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Mantle has added Paxos-issued USDG as a natively minted stablecoin while joining the network’s reward-sharing structure.

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Bitcoin reclaims $80K as DXY falls amid continuing suspected yen intervention

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Bitcoin rallied 5% to reclaim $80,000 as the US dollar weakened amid a suspected Bank of Japan currency intervention, though analysts remain split on the impact.

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