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Solana vs Binance Coin: Can SOL or BNB Flip XRP, Or Does This ‘XRP 2.0’ Contender Have A Better Chance?
Solana and Binance Coin (BNB) continue to battle it out for dominance in the altcoin market space, with traders guessing on whether either will catch up with XRP on market cap leaderboard positions. Traded at $177.15 for SOL and at $795.24 for BNB, though, is the question of whether a newer player—referred to by some as an “XRP 2.0″—might overtake them both. That player is Remittix , a fast-rising DeFi project now making headlines for its real-world use case and impending product launch. SOL and BNB Engage in Battle for Dominance as XRP Joins the Ranks Solana, Binance Coin, and XRP remain three of the most widely held crypto currencies, each with their own set of ecosystems. As BNB rises by 1.34% and Solana falls by 0.69%, investors are waiting for any shift in momentum in advancements. While BNB boasts a market capitalization of $110.8 billion, Solana remains consistent at $95.31 billion, just behind XRP. The trading volume paints a different picture. Solana’s trading volume is 4.96% higher at $5.63 billion, which means solid liquidity. The volume of Binance Coin is 19.5% down, which is an indication of short-term deceleration. As competition increases, DeFi strong project use cases and crypto having real utility are starting to steal limelight away. Can ‘XRP 2.0’ Be the Real Contender? Though the majority of the focus remains on top Layer 1 chains, Remittix is making a strong statement as a contender in the payments space. Unlike XRP, which is focused on financial institution-to-fFinancial institution transfers, Remittix (RTX) enables transfers from cryptocurrency to bank accounts directly for retail consumers in 30+ countries. For $0.0895 per token, the Remittix presale has picked up over $17.9 million in investment and sold more than 577 million tokens. That’s figures that show growing interest in leading crypto under $1 with practical, real-world functionality. It’s not a sales pitch—it’s backed by tech and an upcoming product launch. What’s creating the buzz is the Remittix wallet launch, live in Q3 2025. The wallet will support 40+ cryptocurrencies and 30+ fiat currencies, making it among the most complete financial tools in the crypto space. Why Remittix Is Making Headlines Wallet Coming Q3: Real-time FX, crypto-to-fiat support $17.9 million + Raised: Momentum building with more than 577 million tokens sold 50% Token Bonus: Live now before soft cap is reached Global Reach: Transfers in over 30 countries with over 40 supported cryptos $250,000 Giveaway: Massive prizes for early adopters And with the battle among Solana, BNB price, and XRP still raging on, Remittix is quietly making its own mark as a crypto that solves actual problems. With its utility-oriented model, upcoming wallet launch, and cross-border capabilities, Remittix DeFi project may not only rival XRP—but stand a better chance of mainstream adoption. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

2025-08-01 10:49
Top Cryptocurrency to Invest in as Ethereum (ETH) Rise Boosts Altcoin Market
Ethereum’s bullish breakout has reignited the altcoin market, and investors are racing to reposition before the next wave hits. But while ETH’s momentum is lifting the tide, one name is turning heads for all the right reasons, Mutuum Finance (MUTM) . Mutuum Finance costs $0.035 in phase 6 of the presale. The price will increase by 14.29% to $0.04 in the following phase. Buyers who invest now are guaranteed a 71.43% return on investment when the project hits the launch price of $0.06. Mutuum Finance has sold over $13.8 million and has recorded over 14,700 investors. As capital flows back into high-potential plays, now’s the moment to get ahead of the curve. Mutuum Finance Gains Momentum as Phase 6 Goes Live Mutuum Finance is making waves in presale, selling out the 5th phase before time. The project is already in phase 6 at $0.035. Mutuum Finance is reshaping the DeFi space by creating a scalable financial system with real-world uses. The presale has onboarded more than 14,700 token holders and raised more than $13.8 million. $100,000 Token Giveaway Mutuum Finance has also organized a $100,000 giveaway . 10 winners will be given $10,000 in Mutuum Finance tokens. The giveaway is a testament to how the project is committed to building a long-term and dedicated community. CertiK-Powered Bug Bounty Boosts DeFi Security In further efforts towards providing its transparency and security, Mutuum Finance (MUTM) has launched an Official Bug Bounty Program with CertiK. The project team will reward a maximum of $50,000 USDT to those who identify likely vulnerabilities in the project. The purpose of the bounty program is to have a right coverage of all the classes of vulnerabilities; it is partitioned into the four severity classes; i.e., critical, major, minor, and low. The project also reflects the team’s commitment towards the security of ecosystem as well as investors’ trust. Next-Gen Dual-Lending Solutions Mutuum Finance is a top DeFi platform wherein the users are still in full control of their assets. The platform employs a double-lending process to provide flexibility as well as the effectiveness which entails Peer-to-Contract and Peer-to-Peer models. Peer-to-Contract employs self-executing smart contracts that carry out the lending automatically with no human intervention. They are programmed to respond to changing market prices based on a floating rate of interest governed by the then-existing demand and supply of an in-real-time interest. Peer-to-Peer model eliminates the intermediaries and stands a possibility of being directly linked with borrowers and lenders. It is more common in meme coins because it stands a possibility of having specific terms of a loan and adaptability based on the willingness of a user to take risk. Ethereum’s breakout is lighting up the altcoin market, but the real story could be unfolding with Mutuum Finance (MUTM). As capital rotates into high-upside plays, MUTM has already attracted over 14,700 investors, raising $13.8 million+ and delivering serious momentum in its Phase 6 presale at $0.035. With a price jump to $0.04 in the next phase and a confirmed launch at $0.06, current participants are securing a 71.43% ROI before the token even hits exchanges. Combined with a CertiK-backed $50,000 Bug Bounty, dual lending models, and a $100,000 token giveaway, Mutuum Finance is fast becoming one of the most robust and rewarding DeFi launches of 2025. Visit the official website now to join the presale and position ahead of the next surge. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance

2025-08-01 10:30
Institutional Money Is Moving Into The Ethereum Ecosystem; Here Are The Top ETH Token Price Predictions
Recently, there has been an unprecedented influx of capital into the Ethereum ecosystem, with data showing billions in record-breaking monthly inflows. The Ethereum ETF spot approval and rising DeFi dominance have continued leading the way as institutional money keeps flowing in. However, with the inflow comes a surge in attention to Ethereum top tokens such as AAVE, Remittix , and Ethena. But with these tokens seeing renewed pump, here is a look into Ethena price direction and what AAVE price prediction looks like this month. Ethereum Price Inches Closer To A $4,000 Breakout The Ethereum ETF has continued extending its rising Ethereum ETF inflow with a record 17-day extension. Ethereum’s global reach with the ETF has also continued pushing the token closer to a new bull breakout as traders eye $4,000. However, fundamental factors have proven instrumental in the rising Ethereum price as new announcements keep adding to the large inflow. One of the latest updates analysts are eyeing lately is the news of Deutsche Bank’s tokenization platform on Ethereum. Therefore, with new projects such as the BlackRock BUIDL fund and Sharplink Gaming, experts remain bullish on rising inflows to Ethereum. AAVE Price Prediction With Growing Ethereum Ecosystem Boost Top AAVE price prediction speculates a 100% rise before November this year. The bullish season is a factor experts believe could boost the AAVE price as Ethereum leads the altseason. Moreover, as institutional traders continue moving millions into Ethereum, AAVE price prediction continues to stand stronger. However, while a whale withdrawal last week gave the AAVE price prediction a shakeup, new Metamask integration is renewing the hope. This is a new AAVE Price prediction suggests a potential high of over $500 before the end of the year. Can Ethena Price Hold On To New Gain? Ethena price surge joined the ranks of the major breakouts last week, with a bullish stretch recording over 140% in the last 30 days. The Ethereum rising inflow is projected to see the Ethena price hit a new high this year, with a target $1.50. The Ethena price setup shows 3 bullish candles breaking out above the 50 SMA on the weekly chart, fueling bullish sentiment. A growth in Ethereum staking yield is projected to see Ethena price rise to $4 before mid-2026. How Remittic PayFi Revolution is Redefining Crypto Remittix is another Ethereum token growing to be the best this year, with utility and adoption. While Remittix is new to the ecosystem, its fast climb in the last few weeks shows it could soon take over the market. This includes a breakout surge in presale already hitting $17.9 million, making it the best crypto presale of 2025. The Remittix solution is not feeding off hype, but rather on a solidly built utility that analysts believe could be the future of crypto payment. Below are some of the features making Remittix stand out at the moment: Cross border solution that allows a direct to bank crypto to fiat payment Support for crypto-to-fiat payment to more than 30 countries Low entry boosts investors’ chances of a higher profit margin Beta wallet launch for smooth crypto-to-bank payout With Remittix set to launch in the coming weeks, experts forecast up to 30x in breakout after hitting the exchange. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

2025-08-01 09:49
European firms are struggling to adapt to Trump's tariffs
President Trump’s new tariffs start Friday, and European firms are rushing to adapt. Some are delaying shipments, others are raising prices, and a few warn that tighter profits could threaten their survival. From small winery estates to major consumer-brand manufacturers, companies are preparing for an influx of expenses that impact alter how they do business with American partners. Under the rules coming into force this week, Washington will impose a 15 % duty on the bulk of goods arriving from Europe. These fees are part of broader penalties to resolve old disputes. Though lower than the 25% and 30% once proposed, this is still the biggest U.S. tariff on European goods in almost 100 years as per Reuters . “Companies are waking up to the fact that we’re dealing with an historically higher tariff rate,” said Andrew Wilson, a vice chief at the International Chamber of Commerce. He emphasized that without a major downturn in the American economy, it is unlikely these tariffs will be rolled back. The ICC has recorded a surge in postponed shipments and is observing corporations overhaul their distribution networks. “Trading with the United States is now hellishly more difficult,” he added, describing the new level of complexity as something “nobody could have imagined.” Out in the Moselle Valley region of Germany, winemaker Johannes Selbach noted that the tariffs add expenses to exporters and importers alike. “We were hoping for zero-for-zero tariffs, but for now we all take a 15% hit,” he said, standing amid stacks of wooden wine crates marked “USA.” Selbach cautioned that multitudes of families working in Europe’s vineyards, along with those engaged in U.S. distribution and hospitality, rely on this exchange. He warned that tighter margins could force employee cuts and shrink earnings from grape to glass. Trump’s tariff impact will differ across industries Premium brands have more leeway to transfer these surcharges onto wealthy buyers, while global corporations absorb some losses or shift portions of their manufacturing nearer to U.S. markets. Household names like Procter & Gamble have hinted at raising stateside shelf prices before year-end, and Adidas has also suggested modest markups to offset the tariff costs. Trump says these tariffs are needed to fix trade imbalances and revive U.S. manufacturing, believing they’ll bring jobs back by encouraging companies to produce at home. However, relocation is not practical for products tied to single region. Champagne vines, for instance, only grow in their original terroir. “This work is done here,” said Hugo Drappier. “We don’t have the option of relocating champagne vines.” He said some U.S. orders are on hold because the tariff outlook is unclear, but he’s cautiously hopeful talks could win his industry an exemption, and he prefers 15% over the 30% that was once threatened. Corania, a small family-operated fragrance house on the outskirts of Marseille, confronts comparable challenges. Laurent Cohen, the CEO, estimated that roughly 25 % of his revenue comes from the United States. With the tariff levels now defined, he is exploring new regions and crafting plans to preserve his presence in the U.S. He conceded that profit margins are likely to shrink and that American consumers could face higher price tags. “I praise the fact that we are no longer in a state of uncertainty,” he said. “But with 15% customs duty on our affordable perfumes, we will now have to show immense ingenuity to keep going in the U.S. market.” Meanwhile, European futures suggest a weak start, with London’s FTSE 100 set to open about 0.2% down, France’s CAC 40 flat, Germany’s DAX off roughly 0.6%, and Italy’s FTSE MIB down 0.1%. The Stoxx Europe 600 and Euro Stoxx 50 are each poised to open lower by 0.3% and 0.5%, respectively. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

2025-08-01 09:40
Asian, European, and U.S. stock futures fall sharply
The U.S. dollar shot up Friday morning as stocks in Asia, Europe, and the U.S. moved sharply after President Donald Trump unveiled new tariff rates just hours before the August 1 deadline. The updated measures, ranging from 10% to 41%, were made official late Thursday, and include an additional 40% penalty for any goods rerouted through third countries to sidestep existing duties. Coincidentally, the announcement hit just as global markets were already rattled by weak tech earnings and an upcoming jobs report. Futures tied to the S&P 500 fell 0.16%, while Nasdaq 100 futures dropped 0.23%, and Dow Jones futures slid 67 points, or 0.15%. Amazon took the biggest hit after hours, plunging over 6% when it gave a gloomy operating income forecast. Apple, on the other hand, saw shares rise 2% after its earnings and revenue came in above expectations. Trump’s tariffs hit Asia first The damage showed up immediately in Asia. On Friday, indexes across the region dropped fast after the new rates went public. Japan’s Nikkei 225 ended the session down 243.99 points, or 0.59%, closing at 40,825.83. South Korea’s KOSPI Index led the regional losses, falling 117.23 points, or 3.61%. In Hong Kong, the Hang Seng Index dropped 150.71 points, or 0.61%, while the Hang Seng Tech Index lost 0.23% in turbulent trading. Australia’s ASX 200 fell 77.40 points, or 0.89%, finishing at 8,665.40. In China, the Shanghai Composite Index dipped 0.46%, and India’s Nifty 50 slid 72.60 points, or 0.29%, settling at 24,695.75. As of 9:30 a.m. IST, the BSE Sensex had dropped 0.34%. Among tech names, the losses were worse. In Tokyo, Tokyo Electron plunged 17% as of 11 a.m. Singapore time. Other Japanese tech names followed: Lasertec dropped 4.67%, Advantest Corp fell 2.51%, and SoftBank Group declined 2.07%. The only stock moving up was Renesas Electronics, gaining 0.7%. In South Korea, SK Hynix dropped 5.12%, while Samsung Electronics lost 1.92%. Taiwan’s TSMC fell 1.72%, and Foxconn, known formally as Hon Hai Precision Industry, moved up 1.12%. Hong Kong’s worst performers included China Petroleum & Chemical Corp, down 5%, Zhongsheng Group Holdings, which lost 3.02%, and Li Auto, off by 2.6%. The yuan lost ground fast, on track for its worst weekly slide in over six months. The offshore version dropped 0.7% since July 25, while the onshore yuan was down 0.6%, its steepest drop since February. On Friday, the People’s Bank of China set its reference rate below 7.15, signaling continued pressure. Traders noted the central bank widened the gap between the fix and estimates for the second day in a row, after pledging renewed support for the currency. James Liu, a currency strategist at Taikang Capital, said, “The dollar’s strength broke the yuan out of its tight trading range and created new openings for short-term plays.” Europe opens weak as global pressure builds By the time European traders got to their desks, the tone had already been set. London’s FTSE 100 opened 0.2% lower, Germany’s DAX started the session down 0.6%, France’s CAC 40 was flat, and Italy’s FTSE MIB dipped 0.1%. Broader European benchmarks also reacted, with the Stoxx Europe 600 down 0.3% and the Euro Stoxx 50 off 0.5%. The new tariff structure sparked confusion in global trade desks. The White House said products rerouted to bypass U.S. duties would be hit with another 40%. But there were no details on what exactly counts as transshipment, or how Washington plans to enforce it. That vagueness triggered a wave of risk-off sentiment and left investors guessing how deep the impact could run. Back in Europe, big-name companies were lining up to report. AXA, Daimler Truck, Melrose Industries, Saint-Gobain, Euronext, IAG, Pearson, and Engie were all scheduled to publish earnings Friday. But even before those numbers hit, the market had already taken its cue from Trump. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

2025-08-01 09:26
Trump announced a 40% tariff on goods rerouted through other countries
Donald Trump just announced a fresh 40% tariff on any product the U.S. decides has been rerouted through another country, but gave absolutely no explanation on how that determination will actually work. The decision, announced by the White House on Thursday night, is aimed at stopping goods (mostly coming from China) from avoiding existing tariffs by getting repackaged or redirected through third-party countries. This new tariff was buried in a broader list of global duties ranging between 10% and 41%, and a senior U.S. official in Washington reportedly told reporters Thursday that the definition of transshipment would be decided “in the coming weeks,” even though the administration had earlier said it would be finalized before August 1. Southeast Asian countries stuck waiting for clarity This gap in clarity has left many Southeast Asian countries in a holding pattern. Places like Vietnam , Thailand, Cambodia, Indonesia, and Malaysia have become key exporters to the U.S. since Trump’s earlier trade war pushed firms to shift operations out of China. But most of those companies still rely on Chinese parts, raising questions about whether their exports will now be hit with the 40% penalty. Chantawit Tantasith, Thailand’s Deputy Minister of Commerce, said Friday that Thailand’s 19% tariff keeps the country competitive with others in the region, but added that the U.S. still hasn’t clarified what it will count as a local product. “We must await further clarification from the US regarding the negotiation process and rules of origin,” Chantawit said in a statement. Thailand’s Finance Minister Pichai Chunhavajira said separately that products made in Thailand need to include more than 40% local content to qualify as Thai-made, but confirmed that no agreement had yet been reached with Washington. The unspoken focus of this policy is China, even though the country wasn’t named directly in the statement. Trump has repeatedly blamed Chinese imports for hollowing out U.S. manufacturing and said transshipment is just another way for China to bypass tariffs. With the current tariff truce between the U.S. and China set to expire in two weeks, this new policy adds another obstacle to any ongoing talks. Trump holds firm as confusion grows Trump made his position clear on Wednesday, posting, “THE AUGUST FIRST DEADLINE IS THE AUGUST FIRST DEADLINE — IT STANDS STRONG, AND WILL NOT BE EXTENDED. A BIG DAY FOR AMERICA!!!” But despite that hard line, a White House official told CNBC-TV18 on Friday that the so-called ‘reciprocal’ tariffs would not kick in until August 7. In the updated directive, the U.S. also said that any country not listed in the latest tariff schedule would face a 10% additional duty. These changes modify the earlier executive order from April, which set up the structure for the new tariff strategy. Thursday’s update added the specific 40% rate for rerouted goods. Some trade experts are already warning this will have little effect unless enforcement is airtight. Leah Fahy, chief economist at Capital Economics, said in a note Friday, “It is still not clear how this will be implemented in practice.” She added that even if direct rerouting drops, trade diversion, the practice of sending products through friendly countries, will likely continue. “Even if outright rerouting is reduced, trade diversion will continue to dampen the impact of US tariffs on China’s aggregate export performance,” Leah wrote. Stephen Olson, a former U.S. trade negotiator now working at the ISEAS-Yusof Ishak Institute in Singapore, said the move is likely to make negotiations with China worse. “China will correctly perceive the transshipment provisions as directed against its interests,” Stephen said. “And it will inevitably spill over into its ongoing trade negotiations with the US.” Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

2025-08-01 09:09
Nvidia denies Chinese claims of hidden access mechanisms in its H20 chips
Nvidia has denied allegations that its H20 artificial intelligence chips contain hidden “backdoors” that could enable remote, unauthorized access or control. The statement follows concerns China’s Cyberspace Administration (CAC) raised over possible security vulnerabilities in the company’s AI products. “Cybersecurity is critically important to us,” a Nvidia spokesperson told FOX Business in an email. “ Nvidia does not have ‘backdoors’ in our chips that would give anyone a remote way to access or control them.” Sources familiar with the matter said the H20 chip was discussed in a closed-door meeting between Nvidia representatives and the Chinese internet regulator. The discussions reportedly centered on fears that US-made chips might be designed to monitor users or bypass data privacy safeguards—concerns amplified by recent legislative proposals in the United States. Backdoors are undiscovered capabilities or vulnerabilities in hardware or software that ca n be used to g ain un authorized access. Beijing fears such mechanisms could lurk in foreign technology, particularly high-performance computing chips central to national infrastructure. US plan to track foreign visitors alarms other nations China’s worries deepened last month when news reports said the United States considered adding location-tracking or verification capabilities to semiconductors sold to other countries. It has been floated both in the White House and by lawmakers to boost national security and keep an eye on how chips are used beyond its borders. No legislation has been passed, but the idea has been thrown by foreign governments, particularly China, which views such things as potential surveillance tools. Chinese officials are concerned these capabilities would enable US agencies to listen in on, or even sabotage, Chinese networks . The concerns have been focused on privacy and national security, since businesses, military applications, universities, and AI research labs throughout China employ Nvidia’s chips. China has a history of testing technology brought in from the United States on security grounds. In 2023, for example, the government reportedly ordered critical infrastructure operators not to buy American memory chips from US-based Micron for national security reasons. Nvidia weighs goals against geopolitics The race between the United States and China to create the world’s first global computing network has intensified. And Nvidia is a big loser. Due to rules imposed by the US Department of Commerce, the company’s flagship H20 AI chip had been prohibited from being sold in China earlier this year. The restrictions were much broader as part of a continuing effort to restrict China’s access to advanced technologies that the administration considers necessary for its military and surveillance systems. The limitations were a major blow to Nvidia’s earnings and cost it billions of dollars in potential sales. However, that changed suddenly earlier this month, when the US lifted a year-old ban after a private meeting between President Donald Trump and Nvidia CEO Jensen Huang. The reversal was part of a broader mineral deal in which China agreed to ease its export restrictions on rare earth elements — materials crucial to semiconductor and electric vehicle manufacturing. That settlement permitted Nvidia to ship the H20 chip to Chinese buyers again, a development that investors and industry participants hailed. China is a major market for Nvidia, and demand for AI chips has soared as the country has grown quickly in tech. Despite the policy shift, the company continues under pressure to satisfy compliance requirem ents from both governments. Nvidia has to convince American officials and Chin ese r egulators that its chips won’t serve adversarial nations and assure China t hat th e same chips aren’t Trojan horses for surveillance. Still, Nvidia’s leadership has aligned itself with US ambitions to dominate the AI race. In an interview last week, the company’s CEO lauded the Trump administration’s AI roadmap, channeling a report that could accelerate technological progress and consolid ate Am erica’s tech leadership on the global st age. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

2025-08-01 08:37
Josip Heit and Apertum Win Major Securities Lawsuit Against Texas Regulator
The Texas State Securities Board (TSSB), one of the strongest regulatory authorities in the United States, has officially abandoned its claim that the Apertum Foundation’s token and its DAO1 decentralized finance (DeFi) platform are securities . The Apertum Foundation and its senior advisor, Josip Heit, represented by Quinn Emanuel Urquhart & Sullivan, LLP, have prevailed in their litigation against the TSSB . On 31 July 2025, the TSSB formally dismissed its case against the Apertum Foundation and Mr. Heit. This dismissal confirms that neither the Apertum token nor the DAO1 platform constitutes an investment contract within the meaning of applicable securities laws. This is a victory for the entire blockchain industry , as this landmark decision marks one of the biggest wins under U.S. law’s evolving crypto-friendly framework established during the Donald Trump era regulatory landscape . Industry experts see it as a significant breakthrough, unlocking new paths for innovation and technological freedom across the blockchain sector. Apertum is a leading general layer-1 blockchain on the Avalanche ecosystem. This victory is a major development for the entire Apertum ecosystem , including its DAO1 DeFi platform and its native $APTM token . The decision paves the way for tremendous opportunities by affirming the full legitimacy of their technology and enabling scaling and widespread adoption. Apertum is already acknowledged as one of the fastest, most secure, and scalable next-generation blockchains, ranked among the Top 5 Layer-1 crypto leaders in 2025 . Josip Heit, senior advisor to the Apertum Foundation, commented: “From Day One, the Apertum Foundation has offered a compliant, safe platform and cutting-edge technology. We promised to defend ourselves aggressively against the Texas Securities Board’s mistaken allegations, and we have now been vindicated. This dismissal confirms we did nothing wrong. We will continue to offer transformative technology to our users and to work with our lawyers to comply with all applicable laws in the jurisdictions where we operate. Thank you to our users for standing with us.” Avi Perry, co-Chair of the Securities Litigation Group at Quinn Emanuel Urquhart & Sullivan, LLP, said: “This dismissal is a big win for the Apertum Foundation and Mr. Heit. This case should never have been brought, and we fought hard to reach the right result. The Texas Securities Board’s allegations were incorrect, and we are thrilled for our clients that the meritless cease-and-desist order against them has been withdrawn in its entirety. We credit the Securities Board for acknowledging its error and dismissing this case.” The Apertum ecosystem includes a decentralized exchange (DEX) and blockchain fully integrated with CoinMarketCap , a platform with over 340 million monthly visitors. Apertum’s token is traded on global cryptocurrency exchanges such as MEXC, BitMart, P2B, and LBank, collectively supporting more than 80 million active traders worldwide. The platform has secured over 55,000 active blockchain users and has successfully burned more than $3.5 million worth of tokens, while a total of $25 million worth of $APTM native tokens have been mined and distributed to the community through its decentralized finance platform.

2025-08-01 07:09
UK business confidence sinks to record low, worse than pandemic levels
British business leaders have less confidence in the UK’s economy than during the COVID-19 pandemic lockdowns. A new IoD survey shows that confidence in the government’s ability to foster growth is at a multi-decade low. The survey found that sentiment about the UK economy dropped to minus 72 in July. That’s a steep drop from negative 53 in June. The reading was also slightly higher, excluding the COVID-19 lockdown in April 2020, at minus 69. The IoD has been measuring economic confidence since 2016. July’s number is now the worst on record. Business figures from across the UK are voicin g be musement. Most say they do not think the government has a clear or effective plan for returning to growth. Almost 85% of the 900 business leaders surveyed said they lack confidence in the government to jump-start the economy. More than two-thirds said they believed the government’s policies on the economy have been “very unsuccessful” to date. The steep plunge in confidence is about more than just short-term uncertainty. Many executives see structural challenges p ulling the economy lower. Businesses extend confidence to n ew governments This record low came just weeks after Prime Minis ter Keir St armer and his Labour government came to serve in early July. Labour had promised investment in growth, better public services, and pull factors to draw investment in. But more costs and little change are what business leaders say they are seeing so far. The new government raised corporate taxes to finance its social and infrastructure programs. However, executives said the tax hikes added extra pressure on struggling businesses. Anna Leach, head of economic analysis at the Institute of Directors, said they were now living with the economic scars of those tax increases. She added that many people were frustrated by how quickly the government had raised the cost of doing business, while being slow to improve the overall business environment. In short, the private sector thinks it is paying more and getting nothing. The new governm ent’s initial steps to shore up inve stor sentiment are also short. Many had anticipa ted a bo unce in optimism after Labour won t he election. Rather, con fidenc e is sliding even further. Hopes among busin esses t hat trade, planning reforms, and regulation would become clearer had also been dashed. Businesses cut back on growth plans The crash in over all con fidence is now also seeping into daily bu sines s activity. The IoD’s separate inde x, measuring confidence in company-level performance, also fell sharply — from +3 in June to -9 in July. That is the second-lowest reading since the data was introduced almost a decade ago. Investment intentions have slumped. Firms are holding off on expansion, trimming budgets, and putting plans to take on mo re staff on hold. Revenue and headcount growth expectations are also lower. In reality, many businesses now anticipate having to pay more wages and absorb more operating costs in the months ahead. This follows the most recent S&P Global Purchasing Managers’ Index (PMI), which found growth in private sector activity slowed markedly in July. Growth had been rolling in strongly during the first half of the year. But momentum is now flagging. More companies are cutting jobs, reducing hiring, and freezing new recruitment. Labour’s determination to hike up the payroll tax has not helped. The latter cites global uncertainty due to various issues – trade tensions, geopolitical events, supply chain indecision, and the like – as reasons to stay cautious. Exporters are especially concerned. The IoD index of plans to export has turned negative for the first time since 2023. It’s a blow to Labour’s trade plans, which also involve making another effort to negotiate a deal with the United States. A relatively bright spot in the distance of some optimistic diplomacy does little to assuage UK business fears of paralysis at home and the increasing global uncertainty that now makes even the risk-sensitive export sector more pessimistic than ever. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

2025-08-01 06:01

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