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August 30, 2024 Tóth Balázs

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Crypto.com Partners with Standard Chartered

Singapore-based crypto broker Crypto.com has formed a partnership with Standard Chartered to enhance its users’ access to U.S. dollars, euros, and UAE dirhams. These new global retail fiat services will be managed from Crypto.com’s regional hub in Dubai and will be available in 90 countries.

Musk Wins in Court

U.S. District Judge Alvin Hellerstein in Manhattan ruled in favor of Elon Musk in a lawsuit accusing him of misleading investors and engaging in insider trading by hyping dogecoin, allegedly causing billions of dollars in losses. The judge stated that Musk’s tweets about dogecoin being the future currency of Earth, being able to buy Teslas with it, or flying to the moon with SpaceX were merely aspirational exaggerations, not factual statements containing false information.

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