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A recent Reuters report reveals that China holds 15,000 bitcoin ( BTC) confiscated through criminal investigations. However, officials are currently entangled in deliberations over how to handle these digital assets, as cryptocurrency trading remains prohibited in the country. Local Governments in China Sit on Bitcoin Fortune, Face Legal and Strategic Gridlock Reuters reports that municipal … Read more
Italian Economy Minister Giancarlo Giorgetti warns that dollar-based stablecoins pose a greater threat to the euro’s standing than trade disputes. Bolstering the Euro’s Prominence The European Union (EU) must urgently address the growing appeal of dollar-based stablecoins among its citizens, as they pose a greater threat to the euro’s standing than ongoing trade disputes, Italian … Read more
Semler Scientific, Inc. has filed a $500 million mixed-securities offering to fund additional bitcoin acquisitions, reinforcing its strategy to adopt the cryptocurrency as its primary treasury reserve asset. Semler Chairman: ‘We Have Reached a Settlement in Principle’ Semler Scientific (Nasdaq: SMLR), a medical technology company, announced plans to raise up to $500 million through a … Read more
Cryptocurrency analytics firm Elliptic has partnered with Monerium, a Reykjavik-based Electronic Money Institution (EMI), to enhance anti-money laundering (AML) and compliance measures for its EURe stablecoin. Monerium Taps Elliptic to Navigate MiCA Rules Amid Euro Stablecoin Boom According to the announcement shared with Bitcoin.com News, the collaboration aims to automate cross-chain transaction monitoring and reduce … Read more
The bank published a report that estimates an almost ten-fold increase in the supply of stablecoins by the end of 2028 if the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is passed later this year. Standard Chartered Predicts $2 Trillion Stablecoin Market by 2028 London-based Standard Chartered bank published a research report … Read more
Donald Trump’s next crypto venture is a Monopoly-style real estate video game, adding to his growing portfolio of blockchain-based projects. Trump’s Next Crypto Move: A Real Estate Game Powered by Blockchain President Donald Trump is preparing to enter the crypto gaming space with a new blockchain-based real estate game that sources describe as similar to … Read more
Axiom, a rising meme coin trading platform on Solana, surpassed $100 million in daily volume on April 14, claiming half the market’s share. With a record 26,800 users trading that day, Axiom’s growth is driven by innovative tools, incentives, and viral community marketing. Solana Meme Platform Axiom Sees Record Surge in Users and Volume On … Read more
On Tuesday, shortly before 10 a.m., Zksync revealed a breached administrative account had commandeered $5 million in ZK tokens. The cryptocurrency nosedived 13% against the U.S. dollar to $0.04151 in the wake of the announcement, erasing gains with algorithmic swiftness. From Airdrop to Heist: $5M Worth of ZK Vanished Matter Labs’ Zksync—an Ethereum layer two … Read more
Tether, known for its stablecoin products, has emerged as the leader in the crypto-lending arena, followed by Galaxy and Ledn. The sector has undergone a consolidation period following the collapse of former crypto-lending powerhouses Blockfi, Celsius, and Genesis. Tether Becomes Leader of the Crypto-Lending Business The crypto-lending business, which involves providing liquidity backed by cryptocurrency … Read more
According to records from the Central Reserve Bank, only 20 registered bitcoin service providers (BSPs) are actively operating in El Salvador, one of which is Chivo, the official government wallet that will soon be disbanded. Barren Land: Only 20 Bitcoin Service Providers Operate in El Salvador While El Salvador was one of the first countries … Read more
