During a hearing on March 11, 2025, convened by the US House Committee on Financial Services, lawmakers and industry experts discussed the importance of US dollar-backed stablecoins in the financial ecosystem and the need for a clear regulatory framework for these assets. The hearing, titled “”Navigating the Digital Payments Ecosystem: Examining a Federal Framework for … Read more
Chainlink is the leading decentralized oracle network that connects smart contracts with real-world data, enabling blockchain applications to interact with external systems. Technology and FeaturesChainlink’s decentralized oracles provide secure and reliable data feeds, essential for DeFi applications. It ensures smart contracts receive accurate information, such as asset prices and weather conditions. Use Cases and AdoptionChainlink … Read more
In a thought-provoking address at the Cantor Fitzgerald Global Technology Conference, Paolo Ardoino, CEO of Tether, described the company’s USDT stablecoin as a crucial instrument for maintaining the US dollar’s global dominance. Ardoino argued that, beyond just being a tool for crypto enthusiasts, USDT has become a pivotal ally for the US in ensuring the … Read more
In a groundbreaking move, Abu Dhabi-based investment powerhouse MGX has injected $2 billion into Binance, the world’s largest cryptocurrency exchange. This investment, unveiled on March 12, stands as the largest ever received by a crypto company and is also the most significant deal to be conducted entirely in stablecoins. A Strategic Investment for Growth The … Read more
Non-Fungible Tokens (NFTs) have taken the digital world by storm, offering a new paradigm for ownership and value in the digital realm. Unlike cryptocurrencies such as Bitcoin or Ethereum, NFTs are unique digital assets that represent ownership of a specific item or piece of content, verified through blockchain technology. This article explores the significance of … Read more
As Bitcoin continues to capture the imagination of investors and institutions alike, it faces an increasingly uphill battle in 2025. The combination of soaring inflation rates and escalating regulatory uncertainty has placed a heavy cloud over the digital currency. Unlike traditional markets that have adjusted to rising inflation, Bitcoin’s volatility and the looming threat of … Read more
In the bustling Dutch city of Hertogenbosch, a legal saga of significant consequence is set to unfold on March 26th. Alexey Pertsev, a prominent figure in the cryptocurrency world and the developer behind Tornado Cash, finds himself thrust into the spotlight, facing allegations of money laundering totaling over $1.2 billion. Pertsev’s arrest in August 2022 … Read more
In the dynamic realm of Web3, where decentralized applications (dApps) flourish on various blockchains, the notion of Universal Accounts has emerged as a beacon of hope for users seeking streamlined interactions without the burden of managing multiple wallets and credentials. Championing this revolutionary concept is Particle Network, spearheading a groundbreaking L1 solution poised to tackle … Read more
In a pivotal turn of events, bankrupt cryptocurrency lender BlockFi has struck an “in principle” agreement with the estates of FTX and Alameda Research, potentially securing a whopping $874 million pending judicial approval. This landmark settlement could spell relief for BlockFi’s beleaguered customers, offering hope of financial recovery following the tumultuous fallout from the 2022 … Read more
The cryptocurrency market is witnessing a dynamic shift, with Solana (SOL) leading the charge. Despite recent network congestion issues attributed to a surge in Decentralized Exchange (DEX) trading volume, Solana’s price has shown remarkable resilience, rebounding to $140. This resurgence, fueled by increased on-chain transactions and growing trader interest, underscores escalating confidence within the Solana … Read more