Vitalik Buterin, the co-founder of Ethereum, has recently shared his thoughts on the booming meme coin industry, emphasizing the need for these coins to evolve beyond mere speculation and provide fun utility to support the community. The meme coins market has surged …
Bitmain, one of the leading Bitcoin mining rig manufacturers, made a significant announcement at the Global Digital Mining Summit (WDMS) 2024 by unveiling the Antminer S21 Pro. This new device is an upgrade from its predecessor, the S21, and boasts improved efficiency …
Ondo Finance, a tokenized real-world asset (RWA) platform, has announced a significant shift in its backing assets for its OUSG token. The company is moving $95 million of assets to BlackRock’s newly launched tokenized fund, BUIDL, in order to enable instant settlements …
Bitcoin U.S. spot ETFs experienced a significant turnaround this week, with a massive $418 million net inflow on Tuesday, following five consecutive days of outflows last week. This surge in inflows signals renewed confidence among institutional investors in the cryptocurrency market. The …
USDC and Tether which are already widely used in the digital economy u d Goodwin argues that stablecoins are a way for the US to maintain control over the global financial system and continue to dominate the world economy u cThe Rise …
El Salvador, the first country to make Bitcoin legal tender and adopt a Bitcoin investment strategy for its national treasury, has now amassed over $400 million worth of the cryptocurrency. This significant milestone comes after President Nayib Bukele spearheaded the effort to …
Tether, the company behind the popular stablecoin Tether (USDT), made a significant move in the cryptocurrency market by acquiring 8,888 Bitcoin (BTC) worth $618 million on March 31. This acquisition has boosted Tether’s Bitcoin holdings to a total of 75,354 Bitcoin, which …
Decentralized finance (DeFi) firm Prisma Finance is currently facing a challenging situation after a recent exploit that resulted in the loss of millions of dollars. The firm has stated that there are still funds from accounts that have not yet revoked the …
Grayscale Investments, a prominent digital asset management firm, has unveiled a new investment fund designed for sophisticated clients looking to tap into the income potential of staking cryptocurrency tokens. The Grayscale Dynamic Income Fund is exclusively available to clients with assets under …
The co-founder of QuadrigaCX, Michael Patryn, is facing scrutiny from the Canadian Province of British Columbia as he becomes the target of an unexplained wealth order. This tool, which is relatively new, compels individuals to explain how they acquired their assets. Patryn …