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
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
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
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
Key facts: Rates in the United States are expected to fall to 5.25%. A larger-than-expected rate cut could be bearish for markets, analysts say. The day that the markets have been waiting for, including the Bitcoin (BTC) and cryptocurrency markets, has arrived. Today, the FOMC, the body in charge of monetary policy of the Federal … Read more
Key facts: USDS will be backed by US Treasury bills, overnight repos and cash. BitGo’s stablecoin will be the “first open-source stablecoin,” according to the platform. One of the leading custodians of bitcoin (BTC) and cryptocurrencies, BitGo, announced the launch of USDS (USD Standard), a stablecoin that promises rewards to institutions that provide liquidity. This … Read more
Key facts: Members include Polygon, Hedera and Brazil’s central bank. These open technologies seek to avoid proprietary lock-in in finance. The Linux Foundation, the nonprofit collaborative foundation, has announced the launch of the Linux Foundation Decentralized Trust (LFDT), a new umbrella organization dedicated to advancing the use of decentralized technologies for the digital economy. According … Read more
Key facts: All countries in the BRICS bloc are considering launching digital currencies as a path to de-dollarization. The United States and other G7 countries also have CBDC projects for international payments. Growing interest from governments in developing central bank digital currencies (CBDCs) for wholesale use has emerged as a prominent trend throughout 2024. This … Read more
The former president and presidential candidate presented his new cryptocurrency platform on September 16: World Liberty Financial. A project that is run by his sons Donald Trump Jr. and Eric Trump and that, apparently, generated more disappointment than enthusiasm among investors. According to the information that was offered to the media and shared in a … Read more
Argentina and Brazil received a 1 bitcoin grant for key events in the bitcoin (BTC) ecosystem, LaBitconf, Descentralizar and Satsconf, as part of a total donation of 1 billion satoshis (equivalent to 10 BTC) by the Human Rights Foundation (HRF) to 20 global projects. This donationintended to cover travel expenses for developers and keynote speakers, … Read more