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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: The International Monetary Fund is pressing El Salvador to sell its Chivo Bitcoin wallet as part of ongoing negotiations. Ether ETFs snapped an outflow…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: VanEck analysts say Bitcoin’s falling hashrate could be a boon for its price, JPMorgan is weighing crypto trading services for institutional clients and Metaplanet…
Canada’s central bank will approve only fiat-backed, high-quality stablecoins to ensure they are “good money” as part of the country’s plan to modernize its financial system. The Bank of Canada has signaled it will only approve high-quality stablecoins tied to central bank currencies to ensure stablecoins serve as “good money” under the country’s upcoming stablecoin…
The crypto ecosystem in Venezuela is a product of ongoing economic collapse and international sanctions pressure, according to the TRM Labs team. Venezuelans are already heavily reliant on blockchain technology for banking after suffering through a decade of economic pressures; however, usage is likely to keep growing if conditions worsen in the South American country,…
The crypto ecosystem in Venezuela is a product of ongoing economic collapse and international sanctions pressure, according to the TRM Labs team. Venezuelans are already heavily reliant on blockchain technology for banking after suffering through a decade of economic pressures; however, usage is likely to keep growing if conditions worsen in the South American country,…
The company is considering multiple paths to ensure liquidity for new investors eyeing a stake in the private stablecoin business. Tether, the stablecoin company that issues the USDt (USDT) dollar-pegged token, is considering tokenizing investor equity and share buybacks to offer liquidity for investors as it seeks a $500 billion valuation. Bloomberg reported on Friday,…
Abu Dhabi is anchoring Bitcoin for institutions, while Dubai builds payments, stablecoins and Web3 use cases into daily commerce. The United Arab Emirates is not trying to choose between Bitcoin and broader crypto. Instead, it is deliberately building both in different cities and for different stages of adoption. Abu Dhabi, the capital of the UAE,…
A new Circle–Aleo stablecoin project highlights the growing demand for privacy features as firms weigh blockchain use against the risks of transparency. Stablecoin issuer Circle is developing a privacy-enhanced version of its US dollar-pegged USDC token, aiming to spur institutional adoption by offering greater confidentiality than traditional public blockchains allow. The new stablecoin, called USDCx…
Polygon’s hard fork cuts consensus time to one second, supports Fusaka EIPs and lays the groundwork for stablecoin and RWA-focused scaling. Blockchain network Polygon rolled out its latest protocol upgrade, known as the Madhugiri hard fork, which aims to achieve a 33% increase in network throughput and reduce block consensus time to one second. Polygon…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: BPCE will let millions of customers buy and sell BTC, ETH, SOL and USDC, Coinbase Institutional forecasts a strong year-end rally for Bitcoin. Meanwhile,…