Regulatory clarity should encourage banks to enter the stablecoin market, S&P said. Tether could see its dominance wane if the stablecoin bill is approved, the report said. New digital asset custody providers could emerge leading to greater competition. Unmute 02:17 Polymarket Traders Bet on Fed Rate Cuts; Bitcoin Spot ETFs Register Five-Day Withdrawals Streak 02:25 […]
The firm said it has completed the development of a three-nanometer mining chip. Block said that it will develop a full bitcoin mining system based on its chip design. Unmute 08:42 Bitcoin Ecosystem Developments in 2023 as Read More
Financial markets are undergoing a transformative shift with the advent of tokenization. This movement is not merely a speculative trend among tech enthusiasts, but a fundamental shift in how assets are managed and transacted globally. Read More
As 2024 marks the 15th birthday for Bitcoin, we are at a stage similar to the 1990s, where crypto, like the internet, is crossing the chasm between early adoption to mainstream acceptance thanks to the improvements Read More
Hong Kong regulators approved ETFs by Harvest Global Investments, China Asset Management and a jointly managed product of Bosera Asset Management and HashKey Capital. The products could start trading on April 30, Bloomberg reported Management fees Read More
On April 18, Avi Eisenberg was convicted of fraud for his October 2022 exploit of Mango Markets. The case has grabbed particular attention because Eisenberg quickly acknowledged executing the $110 million attack, and characterized his tactics not as Read More
Last week’s once-every-four-years Bitcoin halving came and went – just as Satoshi Nakamoto programmed it 15 years ago. But the big surprise was the fast uptake of Casey Rodarmor’s new Runes protocol, his second big Read More
The Central Bank of Nigeria (CBN) has disavowed a letter that allegedly instructed financial institutions to sever ties with four global cryptocurrency exchanges. The central bank stated that the letter did not originate from its Read More
Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion to a new level Read More
Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month prison sentence for Zhao Read More
