
Crypto Firm OKX Launches US Exchange After Settling DOJ Charges
Crypto exchange OKX is expanding in the US just weeks after agreeing to pay half a billion dollars to settle charges brought by local authorities.
The company said it will launch its centralized trading platform and self-custody Web3 wallet in the US, while appointing of Roshan Robert as its US chief executive, in a Tuesday statement. It has also opened a new US headquarters in San Jose, California, placing it in the heart of Silicon Valley.
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Associated Press
38 minutes ago
- Associated Press
Atua AI Expands Multichain Intelligence with Modular Infrastructure Innovations
Next-Gen Architecture Enables Scalable AI Deployment Across Blockchain Ecosystems Singapore, Singapore--(Newsfile Corp. - June 2, 2025) - Atua AI (TUA), the decentralized AI-powered productivity platform, has expanded its multichain capabilities through the launch of modular infrastructure innovations designed to optimize performance, adaptability, and intelligence across decentralized networks. The update provides Web3 developers and enterprises with enhanced tools for deploying flexible, AI-driven solutions across multiple blockchains. [ This image cannot be displayed. Please visit the source: ] Scalable multichain intelligence powered by modular AI infrastructure To view an enhanced version of this graphic, please visit: With this modular infrastructure upgrade, Atua AI introduces a more granular system architecture that allows its core AI modules-such as Chat, Writer, and Classifier-to operate independently, synchronize across chains, and dynamically scale based on workload. Each module can now be deployed in isolation or in combination, allowing users to tailor automation workflows for specific tasks, chains, or governance structures. This advancement empowers builders to harness real-time intelligence across Ethereum, BNB Chain, XRP Ledger, and other major blockchains while maintaining low latency, cost-efficiency, and operational control. It supports diverse use cases from decentralized finance to NFT content generation, offering enterprises the flexibility to scale operations securely and efficiently. Atua AI's commitment to modular design ensures a future-ready infrastructure capable of meeting the evolving needs of decentralized applications. This innovation strengthens its position as a leading provider of AI-powered tools built to scale with the multichain internet. About Atua AI Atua AI offers AI-powered productivity and creativity tools in the Web3 space. Its features include Chat, Writer, Imagine, Voiceover, and Classifier-all designed to empower users with intelligent, decentralized solutions for content creation, coding, analysis, and more. Media Contact Dorothy Marley KaJ Labs +1 707-622-6168 [email protected] Social Media To view the source version of this press release, please visit
Yahoo
a day ago
- Yahoo
Exclusive: Paris Saint-Germain FC partners with Web3 giant RTB Digital Inc. to launch PSG World
Exclusive: Paris Saint-Germain FC partners with Web3 giant RTB Digital Inc. to launch PSG World originally appeared on TheStreet. Paris Saint-Germain, the French football powerhouse launched a new initiative off the pitch — a digital fan platform called PSG World ( created in partnership with the largest Web3 digital media SaaS company RTB Digital Inc. The launch of which went live just before the final, signals the club's latest move to strengthen fan relationships worldwide. It offers a home for PSG supporters to engage in post-match commentary, co-create content, access exclusive media, and build global connections around the club they love. Speaking during the Bitcoin Conference 2025 in a Roundtable discussion with James Heckman, founder and CEO of Roundtable, Pär Helgosson, Head of PSG Labs, laid out the French club's vision for They were also joined by Aly Madhavji, Managing Partner at Blockchain Founders Fund.'As we look ahead, our mission is to deepen our connection with fans — not just in France, but around the world,' said Pär Helgosson, Head of PSG Labs. 'And that means meeting them where they are, online, on-chain, and in their culture.' One of the biggest challenges in sports media today is that clubs don't directly own their audience data. PSG World aims to fix that. 'We have all these fans running for us but they're not always in our platforms,' Helgosson said. 'The challenge is to build a direct channel — to capture more data, understand our fans better, and engage them in more relevant ways.' The platform is powered by RTB, a SaaS technology company providing full-stack, white-label community and media infrastructure for brands, journalists, and creators. RTB's ambitious vision fulfills the dream of uniting premium brands on a single Web3 SaaS platform. The resulting architecture offers an array of features, tools, and distribution assets, which are already being used by major media partners including TheStreet, Miss World, and The Hockey News. Content management, video, social features, gamification, branded apps, advertising tech, crypto payments and secure blockchain storage are seamlessly integrated for these partners, who retain ownership and control of their IP and customer data. RTB's distribution power further expands their audiences to 100 million+ users via MSN, Yahoo Finance, Yahoo Sports, Smartnews, Newsbreak, Apple News and more. The partnership enables PSG to scale this infrastructure for a new type of supporter experience. With more than 90% of the club's fan base outside France, aims to provide a direct engagement channel, independent of social media giants and alongside Aly Madhavji, Managing Partner at Blockchain Founders Fund, Helgosson pointed out the scale of PSG's audience: 'In large parts of the world, we're as big as we're in France, if not bigger.' Heckman added context to that global footprint. 'A team in Paris has stars from Argentina, Brazil, Italy, England, and Germany. When you made the claim of half a billion fans, it sounded ludicrous — but it's actually true.' Founded in 1970, PSG has built one of the most recognizable football brands in the world. Now, with its digital presence expanding, the club is poised to pioneer a new model of sports strategy isn't just about reach. It's about building a meaningful, persistent relationship with fans. The platform integrates physical, digital, and blockchain-based tools to power that interaction. 'We dominated in social, online today. And we also want to dominate in on-chain and in all tokenized ways,' Helgosson said. 'We want to engage our fan base across what we do offline, online today — and on-chain tomorrow.' Helgosson also confirmed that PSG had taken a financial bet on that future. 'Last year we actually took some fiat reserves and allocated it to Bitcoin. We're the largest club doing that.' Exclusive: Paris Saint-Germain FC partners with Web3 giant RTB Digital Inc. to launch PSG World first appeared on TheStreet on Jun 1, 2025 This story was originally reported by TheStreet on Jun 1, 2025, where it first appeared. Sign in to access your portfolio
Yahoo
2 days ago
- Yahoo
XRP Down 4% as Global Economic Tensions Trigger Market Selloff
XRP fell as much as 6% over the past 24 hours as global economic tensions rattled financial markets, triggering a wave of liquidations and pushing prices below key support levels. The token dropped from $2.20 to $2.14 as the broader crypto market shed 3.81% of its value, settling at a total market cap of $3.3 trillion. The volatility comes in the wake of the U.S. Court of International Trade's decision to overturn Trump's trade tariffs, reigniting trade policy concerns and sending ripples across risk assets. XRP wasn't immune, with over $29.68 million in long positions liquidated as traders scrambled to adjust their exposure. China-based Webus International said Friday it plans to raise up to $300 million through non-equity financing to support its global chauffeur payment network with an XRP reserve. The initiative aims to integrate XRP's cross-border settlement capabilities into Webus' ecosystem, including on-chain booking records and a Web3-based loyalty program. Webus is renewing its partnership with Tongcheng Travel Holdings to use the XRP Ledger to settle cross-border rides and driver payouts. Bitget listed Ripple's RLUSD stablecoin late Thusday. Ripple published a cross-border payments report on Friday. Cross-border payments underpin the $31.6 trillion B2B market, projected to hit $50 trillion by 2032. Traditional multi-intermediary rails are slow, costly and opaque, facing regulatory and transparency hurdles. Blockchain-based solutions like Ripple's stablecoin network promise near-instant, cheaper, visible settlement, enhancing liquidity, global expansion, talent payments and customer trust, while reducing failed transfers, the report said. XRP found strong selling pressure at the $2.21 resistance level, failing to mount a sustained recovery, according to CoinDesk Research's technical analysis model. A notable support zone emerged near $2.11, with high-volume buying during the 03:00 hour preventing further downside. Recent consolidation between $2.13 and $2.14 suggests potential stabilization, though the pattern of lower highs indicates sellers remain in control. In the final trading hour, XRP formed a higher-low pattern around $2.135, signaling potential short-term support. However, the token also faced resistance at $2.144-$2.145, forming a tight range that traders will be watching closely for the next breakout or breakdown. XRP dropped 5.7% from $2.20 to $2.14 over the past 24 hours. A price range of $0.13 (5.9%) was observed between a high of $2.22 and a low of $2.09. Significant resistance formed at $2.21 during the 16:00 and 22:00 hours, triggering heavy selling. Strong buying at $2.11 during the 03:00 hour prevented further downside. Recent consolidation between $2.13 and $2.14 suggests potential stabilization, though lower highs persist. A higher low at $2.135 formed in the last hour, with resistance at $2.144-$2.145 capping any rebound. XRP closed the session at $2.137, indicating consolidation after a volatile day. As XRP navigates the crosswinds of macroeconomic tensions and technical headwinds, traders will be closely watching for any signs of sustained support or further breakdown. Sign in to access your portfolio