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Bitlayer Integrates BitVM Bridge With Xverse Wallet to Advance Bitcoin DeFi


Bitlayer has announced the integration of the BitVM Bridge with Xverse Wallet, a bitcoin wallet that supports customizable Bitcoin testnet configurations. This collaboration allows users to access the trust-minimized BitVM Bridge seamlessly through the Xverse Wallet, enhancing the adoption of BitVM...

Balaji Srinivasan: Dollar Inflation Is Global Taxation


In a recent social media post, former Coinbase CTO Balaji Srinivasan argued that U.S. dollar inflation acts as a form of global taxation, highlighting the disparity in financial impacts between Americans and the global population. He noted that if the approximately $6 trillion printed since 2020...

Nigerian Oil Marketers Denounce Oil De-Dollarization Policy


Olufemi Adewole, Executive Secretary of DAPPMAN, warns that Nigeria’s Naira-for-crude oil transaction framework could destabilize foreign exchange (FX), deter foreign direct investment (FDI), and worsen economic challenges. He highlights the volatility of the Naira and stresses that crude...

Etoro Files for IPO With Tripled Revenue, 96% From Crypto Trading


Israeli trading platform Etoro has filed a prospectus with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) in New York, revealing that its revenue tripled in 2024, with 96% of that revenue coming from cryptocurrency trading. Etoro reported a revenue of $12.6...

Federal Revenue Agents Might Seize Bitcoin From Travelers in Brazil


Mario De Marco, Anderson Leme, and Rodrigo Quaresma, Federal Revenue agents, talked about the possibility of seizing bitcoin from travelers in Brazil. During a podcast, the agents clarified that they could confiscate digital assets from travelers only if there is a pending investigation involving...

Metaplanet Crosses 50B Yen in Traded Value


Japanese hotel developer and bitcoin treasury firm Metaplanet has topped ¥50 billion ($332.6 million) in traded value on the Tokyo Stock Exchange, surpassing Toyota, the world’s largest car manufacturer, according to a post by the company’s CEO Simon Gerovich on Monday. Traded value refers to...

Trump’s Policies Threaten US Dollar Dominance, Warns Economics Professor


In a recent essay for the Financial Times that is heating up discussions in economic circles, Berkeley professor and author of Exorbitant Privilege: The Rise and Fall of the Dollar, Barry Eichengreen argues that President Donald Trump’s policies are significantly undermining the foundations...

Tether Ranks Seventh Among Top US Treasuries Buyers in 2024


Tether, the largest stablecoin company in the cryptocurrency space, has become one of the largest buyers of U.S. treasuries as a way of backing the value of the over 140 billion USDT issued. According to data posted by Tether CEO Paolo Ardoino, the company purchased over $33 billion in treasuries...

Eric Trump Joins Metaplanet Strategic Board of Advisors


Japanese hotel developer and bitcoin treasury firm Metaplanet has created a Strategic Board of Advisors and Eric Trump will join as an inaugural member, according to an announcement made by the company’s CEO Simon Gerovich on Thursday evening. “Metaplanet is thrilled to welcome Eric Trump to...

Kraken to Acquire US Futures Trading Platform Ninjatrader for $1.5 Billion


Kraken has announced an agreement to acquire Ninjatrader, the U.S. retail futures trading platform, for $1.5 billion, subject to certain purchase price adjustments. This acquisition accelerates its multi-asset-class ambitions, which include plans for equities trading and payments. Founded in 2003...

Donald Trump Scheduled to Speak at Blockworks Digital Asset Summit


Donald Trump will make history as the first sitting U.S. President to address a crypto conference when he speaks at the Blockworks Digital Asset Summit in New York City on Thursday, according to the event organizer and crypto media firm Blockworks. Trump headlined the July 2024 Bitcoin Conference...

Ripple CEO Says He’s ‘Bullish on Bitcoin’


In what some would consider an unexpected move, Brad Garlinghouse, CEO of digital asset firm Ripple Labs and majority holder of the XRP cryptocurrency, cleared the air about his position on bitcoin ( BTC). “I first bought bitcoin in 2012 coming out of an event when I was first introduced to it,”...

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