Revolut to launch its own stablecoin: report

Key facts: According to the company, they are “quite advanced” in creating the stable cryptocurrency. They want to take a compliance-first approach to become a “safe harbor.” Revolut, the $45 billion London-based fintech, is in the final stages of developing its own stablecoin, according to sources close to the company. This decision aligns with Revolut’s … Read more

Google helps write code on Ethereum

Google, in collaboration with Google Cloud, today launched a service called Blockchain RPC (Remote Procedure Call or Remote Procedure Call). This tool aims to allow users to web3 developers interact with data on-chainspecifically with the Ethereum (ETH) blockchain, without having to manage your own node infrastructure. The RPC protocol is a technology that grants developers … Read more

Spain tightens rules for confiscating cryptocurrencies from tax debtors

The Spanish Council of Ministers approved, in a first round, a draft law that requires a series of changes to the tax laws that apply to the cryptocurrency sector. This, as part of the process of transposing the country’s laws to the new European Union (EU) directives. The proposed law, which establishes reporting obligations on … Read more

Bitcoin is on a bullish streak in the near term: Willy Woo

Key facts: The market remains on the lookout for a possible rate cut in the US. “Current demand and supply for bitcoin are neutral and bearish,” Woo says. Professional analyst and trader Willy Woo has shared his vision on the near future of bitcoin (BTC), anticipating a rise in its price in the short term. … Read more

BlackRock and Microsoft team up to invest in artificial intelligence

BlackRock and Microsoft, along with other institutions, have created the Global AI Infrastructure Investment Partnership (GAIIP). This partnership seeks to raise up to $100 billion to invest in artificial intelligence (AI) infrastructure, primarily in the United States. Investments will focus in the construction and expansion of data centers to meet the growing demand for computing … Read more

BNB Chain will make it easier to transfer stablecoins for free

The BNB Chain is taking unusual steps to become the “central infrastructure” for stablecoins. One of several is that through MegaFuel, powered by the company Nodereal, it will cover gas fees for users of centralized exchanges, wallets and web3 applications that use stablecoins such as USDT, USDC and FDUSD. This announcement coincides with the opening … Read more

Block CET to share $50,000 on FB

Key facts: The event will take place from September 19th to September 24th, 2024, with a minimum lockout of 100 CET. All CoinEx users who have completed basic KYC verification are eligible to participate. Since 2023, the growing interest in Bitcoin-based applications has captured the attention of developers and investors in green Bitcoin projects. Recently … Read more

TON and Curve Finance team up to facilitate stablecoin trading

The Open Network (TON) is promoting stablecoin trading after reaching an alliance with Curve Finance, one of the most important decentralized exchanges in the sector. This collaboration aims to TON ecosystem facilitates stablecoin exchanges and are more efficient for their users. The project will use Curve’s constant function market maker (CFMM) technology, a statement said. … Read more

Ringschuh launches job tool – schuhkurier

Finding new staff is a challenge for many companies – including those in the shoe industry. Ringschuh Austria GmbH would like to provide support here: the new job platform Jobring is intended to provide a solution. Jobring wants to operate primarily in social networks. However, the strategy is not just based on “normal job advertisements” … Read more

$180 million flows into bitcoin ETFs amid expectations of rate cuts

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported inflows of more than $186 million and accumulated four consecutive days with incoming capital flows, the best streak so far in September. The good performance of financial instruments based on the digital asset occurs in view of the possibility that the United States Federal Reserve … Read more