Circle acquires first stablecoin license under MiCA laws
EMI license gives Circle full rights to issue USDC and EURC stablecoins in Europe. Circle France will now serve as the headquarters for the company’s financial activity in Europe. In…
Germany Moves $94.7M in Seized Bitcoin to Exchanges.
Germany ranks fourth in terms of state-held Bitcoin reserves. The German government has moved another stash of its seized Bitcoin to some of the world’s top crypto exchanges, stirring new…
Ethereum Suffers $61M Outflows, Worst Performance Since August 2022.
Ethereum experienced the largest outflows since August 2022, as per CoinShares.Digital asset investment products experienced their third consecutive week of outflows amounting to $30 million, although last week showed a…
Cardano’s Founder Charles Hoskinson Has an Interesting Take on AI Models.
The censorship of AI models highlights the need for decentralized AI.Charles Hoskinson, the co-founder of the blockchain platform Cardano, believes artificial intelligence (AI) models are losing their utility over time.…
Check out One Altcoin is Going Strong and Whales Are Backing It With Hundreds of Millions
TON has attracted heavy whale investments over the past week. The Open Network and its native asset, Toncoin (TON) have gained tremendous traction among investors this year. This trend appears…
Vitalik Buterin Proposes Ethereum SSF for Faster Transaction.
This SSF innovation aims to enhance service quality by cutting transaction completion times for users. Ethereum co-founder Vitalik Buterin has outlined a potential shift in Ethereum’s roadmap toward a Single-Slot…
Global Bitcoin ATM Installations Now 38000, Nearly All Time High.
Bitcoin ATMs enhance privacy/security, enabling users to transact anonymously and deposit funds directly into digital wallets. The global Bitcoin ATM installation has expanded significantly, with over 38,000 Bitcoin ATMs now…
Losses from Hacks and Fraud Down 20% in 2024.
DeFi continued to be the primary venue for exploits in May while CeFi remained untouched. Losses from hacks and rug pulls in 2024 year-to-date amount to over $473 million across…
Debate fallout: Which candidates could replace Biden and what are their crypto stances?
News outlets have reported a handful of potential Democratic challengers as potential replacements. However, that all depends on if Biden is replaced. Newsom takes a neutral stance on crypto, while…
Hong Kong Regains Status as Crypto Hub as Crypto Firms Return Home.
Hong Kong is experiencing a significant revival in its cryptocurrency sector, with numerous firms returning to the city after previously relocating operations to Singapore. As Hong Kong approaches the 27th…