Key facts: The firm’s CEO, Larry Fink, had called bitcoin “digital gold.” The report indicates that some investors view BTC as a “safe haven.” BlackRock, the world’s largest asset manager, highlights that bitcoin (BTC) “is a uniquely diversifying asset,” although it is still in its early stages of adoption as a global means of payment … Read more
Key facts: Jaremtchuk says that people are increasingly trusting RWA over other cryptocurrencies. At Win Investments, they see a week-by-week growth in player token users. Although historically investments in huge industries such as football, for example, have been areas that only select entrepreneurs and investors could access, tokenization is changing this reality. Valentin Jaremtchuk, co-founder … Read more
Key facts: With Fusion+ users have control over their assets, unlike CEXs. To try Fusion+ you need to manually enable the feature in the 1inch dApp. 1inch’s cross-chain solution, designed with security in mind, enables seamless token swaps between multiple blockchains, ensuring robust asset protection. Called Fusion+, it is an innovative enhancement to 1inch’s intent-based … Read more
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
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
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: 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: 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