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BBVA to Launch Visa-Backed Euro-Pegged Stablecoin Next Year
5.10.2024
BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch...
Zimbabwe Devalues Gold-Backed Currency by 44%
28.9.2024
The Reserve Bank of Zimbabwe (RBZ) has devalued the Zimbabwe Gold (Zig) by 44%, causing the currency to plummet from 13.98 to 24.3 against the U.S. dollar. This drastic move addresses rising exchange rate volatility and inflationary pressures that have plagued the economy since August. According...
XRP Attorney John Deaton Bags Support from Coinbase-Backed PAC
27.9.2024
The Stand With Crypto PAC, backed by Coinbase, has recently thrown its support behind John Deaton, a well-known…
BCD Watch
26.9.2024
A new tool from Eric Meyer, Brian Kardell, and Stephanie Stimac backed with Igalia’s support. Brian announced it on his blog, as did Eric, describing it like this:
What BCD Watch does is, it grabs releases of the Browser
…
BCD Watch originally published on CSS-Tricks, which...
Ethena to launch new stablecoin backed by BlackRock’s BUIDL
26.9.2024
Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said
Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL
26.9.2024
Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements
Coinbase-Backed Truflation Lost $5 Million in Hack, Offers Bounty to Hackers
26.9.2024
Blockchain investigator ZachXBT has revealed that Coinbase Ventures-backed crypto project Truflation has lost around $5 million in a…
Coinbase-backed Truflation confirms hack, estimated around $5M
26.9.2024
Truflation’s team said that no customer funds were stolen in the security breach
Financial institutions are experimenting with Bitcoin-backed lending: Ledn
25.9.2024
Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending.
Financial institutions are experimenting with Bitcoin-backed lending: Ledn
25.9.2024
Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending.
Citrea Launches Testnet to Enable Bitcoin-Based Decentralized Applications
25.9.2024
Citrea has launched its public testnet, creating a solution to allow Ethereum Virtual Machine (EVM) developers to access Bitcoin’s blockspace. The team believes this is testnet marks a significant step toward using Bitcoin as a settlement layer for decentralized applications (apps). Citrea...
Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform
25.9.2024
Visa Tokenized Asset Platform (VTAP) will enable the development of fiat-backed tokens powered by smart contracts
Zimbabwe’s Central Bank to Shield Gold-Backed Currency From Market Volatility
24.9.2024
Zimbabwe’s central bank governor, John Mushayavanhu, has stated that the bank might use its foreign currency reserves to protect the Zimbabwe Gold (zig) from severe market disruptions. He also pledged to maintain a tight monetary policy to ensure stable inflation and exchange rates. The...
Borderless Capital Introduces $100M DePIN Fund Backed by Peaq, Solana Foundation
18.9.2024
DePIN refers to physical infrastructure networks built using blockchain technology and token incentives which other projects can use without having to buy and run their own equipment
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
18.9.2024
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
18.9.2024
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters
Telegram Game Banana Backed by CARV Labs Hits 10M Users
12.9.2024
Telegram games are the craze now and the latest game ‘Banana” is no less. Backed by CARV Labs,…
Consensys and Hashkey-backed $50M accelerator launches for CARV data layer
12.9.2024
Some of the CARV accelerator’s top partners already include Arweave, Litentry and Alibaba Cloud
Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License
10.9.2024
Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licensed crypto asset trader. This move highlights...
Blockstream Mining issues hashrate-backed security token in fundraise
5.9.2024
Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding