Economic Calendar for today 19 Aug 2025

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

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Cryptojacker Sentenced to 1 Year for $3.5 Million Fraud Scheme

In a recent development that underscores the ongoing challenges faced by the cryptocurrency industry, a cybercriminal responsible for a multimillion-dollar cryptojacking scheme has been sentenced to one year in prison. The fraud scheme, which spanned several years, involved unauthorized use of computer resources to mine cryptocurrencies, highlighting the growing concerns over the security of digital…

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Former Twitter CEO Agrawal Launches New AI Startup: Insider Details

Parag Agrawal, the former CEO of Twitter, has transitioned into a pioneering role in the rapidly evolving field of artificial intelligence (AI). After his high-profile departure from Twitter following Elon Musk’s acquisition, Agrawal has now become the co-founder of an AI startup, emphasizing the growing intersection of technology and entrepreneurship in Silicon Valley. A New…

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Stellar Development Foundation Invests in Archax to Boost Tokenization

The Stellar Development Foundation (SDF), the organization supporting the Stellar blockchain, invested in UK-based digital asset exchange and tokenization firm Archax as part of a broader partnership to boost tokenized real-world assets (RWAs), the firms said in a press release shared with CoinDesk. Archax has already started using Stellar, integrating the network into its in-house…

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NAKA Raises $200M, Sinks 11%

KindlyMD (NAKA), the Nasdaq-listed firm that’s recently merged with bitcoin treasury firm Nakamoto closed a $200 million convertible note offering late Friday. The convertible notes bear no interest in the first two year, then they carry a 6% annual rate starting in year three until maturity in 2028. The firm intends to use the funds…

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eToro and Emirati-founded Sahab School Partner to Advance Financial Skills in the UAE

Dubai, United Arab Emirates – August 18, 2025: eToro, the trading and investing platform, has entered into a strategic partnership with Sahab School, an Emirati-owned financial education institution based in Dubai, to integrate eToro as the official trading platform of the school’s academic curriculum through a Memorandum of Understanding (MoU).  Founded by Saif Yousif Al…

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China Merchants Bank Subsidiary Opens New Crypto Exchange in Hong Kong

In a significant move that underscores China’s growing interest in the cryptocurrency sector, China Merchants Bank International (CMBI) has partnered with Hex Trust, a fully licensed and insured provider of bank-grade custody for digital assets. This collaboration marks a notable development in the integration of traditional banking with the burgeoning field of digital finance, highlighting…

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