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Ethereum’s ‘Pectra’ network upgrade goes live: What to expect


Ethereum — the network that unleashed smart contracts on the world — moves on to the next chapter with today’s Pectra upgrade, but what does it mean?Pectra went live on the Ethereum mainnet at the start of epoch 364032, May 7, 2025, at about 10:00 am UTC. The three main...

Tether launches on Kaia, brings USD₮ to LINE’s 196M user ecosystem


Tether has deployed its flagship stablecoin, USD₮, on the Kaia blockchain as part of a broader collaboration with Line Next, the Web3 arm of Line, Japan’s popular messaging platform with over 196 million monthly active users.The integration means USD₮ (USDT) will now be supported...

US Congress Seeks to End the Penny by Introducing the Common Cents Act


The ‘Common Cents’ Act, which has bipartisan support, seeks to end the production of the $0.01 coin, commonly known as the cent, as its production and distribution costs exceed its face value. Representatives Lisa McClain and Robert Garcia, along with Senators Cynthia Lummis and Kirsten...

MetaMask to launch self-custody crypto card with Mastercard


Wallet provider MetaMask is launching a crypto payments card that will allow users to spend self-custodied funds, offering crypto holders additional ways to use their tokens.The new card is backed by Mastercard and is being developed in partnership with CompoSecure and Baanx, according to...

Against All Odds, Argentina Keeps Beating the Dollar


Argentina celebrated the continued decrease in the dollar-peso exchange rate, even predicting that it might fall below the flotation bands established by the central bank. This would trigger a purchase intervention from the bank to weaken the peso. Argentina Keeps Winning the Battle Against...

Bitcoin Soars as USD Continues to Plummet


The cryptocurrency’s price saw a steady appreciation throughout the Easter weekend, topping $88K on Monday, while the dollar fell to a three-year low. BTC Is Soaring While the Dollar’s Freefall Continues President Donald Trump’s aggressive tariffs and his threats to fire Federal Reserve Chairman...

Gold-backed vs USD-backed stablecoins: Key differences


What are gold-backed stablecoins, and how do they work? Gold-backed stablecoins are digital currencies pegged to physical gold reserves and designed to maintain a stable value. The concept of gold-backed digital currencies dates back to the early days...

Gold-backed vs USD-backed stablecoins: Key differences


What are gold-backed stablecoins, and how do they work? Gold-backed stablecoins are digital currencies pegged to physical gold reserves and designed to maintain a stable value. The concept of gold-backed digital currencies dates back to the early days...

Circle, BitGo about to apply for bank charters, others may follow: WSJ


Major cryptocurrency firms, including stablecoin issuer Circle and crypto custodian BitGo, are reportedly considering applying for bank charters or licenses.According to an April 21 Wall Street Journal report citing people familiar with the matter, Circle, BitGo and others are considering applying...

Michael Saylor’s Strategy bagged 6,556 Bitcoin for $555.8M last week


Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000.Strategy acquired 6,556 Bitcoin for $555.8 million from April 14–20, at an average price...

Synthetix’s sUSD stablecoin continues fall after depeg, tapping $0.68


The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70. However, the firm reiterates that this isn’t the first time the asset has been under significant stress, and several risk...

Dollar Reined in After First Currency Control Free Week in Argentina


The price of the U.S. dollar weakened during the first week after lifting the currency controls in Argentina, with the peso gaining ground and stabilizing at an exchange rate of 1,160 pesos per dollar. The rate, which is closer to the stronger side of the established fluctuation band, has spurred...

Northern Marianas vetoes bill for Tinian to launch its own USD stablecoin


The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one of the territory’s local governments to launch a fully backed US dollar-pegged stablecoin.In an April 11 letter seen by Cointelegraph, Northern...

Northern Marianas vetoes bill for Tinian to launch its own USD stablecoin


The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one of the territory’s local governments to launch a fully backed US dollar-pegged stablecoin.In an April 11 letter seen by Cointelegraph, Northern...

Northern Marianas vetoes bill for Tinian to launch its own USD stablecoin


Update (April 15, 10:47 am UTC): This article has been updated with comments from Marianas Rai Corp. co-founder Vin Armani.The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one of the territory’s...

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