VanEck says Bitcoin could hit $2.9 million per coin by 2050
Bitcoin Layer-2s could be collectively worth around $7.6 trillion, the report added. Go to Source
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Fireblocks launches Web3 startup toolkit amid a surge in new ventures
The number of startups using the Web3 platform has already increased by some 50%, according to Fireblocks. Go to Source
Cross-Border Digital Ruble Payments May Become a Reality in 2026
Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage to implement these transactions within Russia. Subsequently, they will generalize and test … Read more
Jack Dorsey’s Block to shutter UK operations for Cash App
The app, one of the products of payments firm Block, had been operating in the United Kingdom since 2018. Go to Source
Bitso Integrates Lightspark for Bitcoin Lightning Network
Bitso, a leading Latin American cryptocurrency platform, has announced its partnership with Lightspark to incorporate the Bitcoin Lightning Network into its services. This integration aims to enhance the speed and affordability of bitcoin transactions for Bitso’s users. Bitso Adds Lightning Support via Lightspark The integration of Lightspark Connect will allow Bitso‘s 8 million retail customers … Read more
Privacy Coin Monero Tops Payments at European Online Retailer Shopinbit in June
According to Shopinbit, a European online retailer that accepts cryptocurrency for transactions, monero (XMR) was the favored payment method in June. Shopinbit reported that XMR accounted for over 74% of all payments during that period. European Retailer Shopinbit Sees Monero Payments Skyrocket in June The European online retailer, which offers over a million products, shared … Read more
Bank of Russia Discusses Conditions of Upcoming Stablecoin Regulation
The Bank of Russia has highlighted the conditions it will need to consider when regulating the use of stablecoins for Russian individuals and companies. The bank stated that before a regulation is enacted, a thorough study of these assets and a discussion with the relevant actors of the market and the community around them should … Read more
Inside Lugano’s crypto revolution — A documentary
Bitcoin journalist Joe Hall tests Lugano, Switzerland, to see if it truly merits the title of the world’s most crypto-friendly town. Go to Source
Opera Mini’s crypto wallet MiniPay now offers USDT and USDC
Since launching in September 2023, Opera Mini’s MiniPay app has amassed 3 million users. Go to Source
Russian Central Bank Suggests Using Crypto to Counter Western Sanctions
Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiullina highlighted that the central bank has softened its stance on the use of cryptocurrencies in international payments. She also mentioned ongoing efforts to … Read more