Indian Telecom Giant Reliance Jio Taps Aptos to Deliver Blockchain Rewards to 500M Users

⚪ Neutral
Indian telecom giant Reliance Jio is partnering with Aptos Foundation and Aptos Labs to bring blockchain-based rewards to its more than 500 million customers. Jio, the country's largest mobile network operator, plans to integrate Aptos’ layer-1 blockchain to distribute digital rewards through its telecom services. The move was announced by...
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Crypto Bank Erebor Approved for Conditional Federal Bank Charter by OCC

⚪ Neutral
The U.S. Office of the Comptroller of the Currency has granted conditional national bank status to Erebor Bank, a new tech-oriented bank seeking to rise into the gap left by the collapse of several such lenders in 2023, including Silicon Valley Bank. OCC chief Jonathan Gould said the Wednesday approval...
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Crypto-Native Traders, Not TradFi, Drove Bitcoin’s Largest Deleveraging Event

⚪ Neutral
Friday was the largest liquidation event on a nominal basis in crypto history. The scale of deleveraging is best understood by looking at open interest (OI) — the total value of outstanding futures and perpetual contracts that have not yet been settled. Glassnode's data shows before Friday’s sell-off, bitcoin open...
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