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Russia Discusses Testing Digital Ruble for Budget Payments


The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The tests would involve using this CBDC to make payments to businesses and citizens and receiving payments from these in CBDC, to ensure...

Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms


Crypto mining firm Bitdeer Technologies is reportedly in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity. The post Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms appeared first on Cryptonews

Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today


Hashdex Asset Management and Tidal Investments spot Bitcoin exchange traded fund (ETF) will begin trading later today in the U.S. under the ticker symbol DEFI. The post Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today appeared first on Cryptonews

Institutional Investors and ‘Whales’ Push Bitcoin Demand to New Heights


Bitcoin is experiencing a significant liquidity crisis as demand for it soars, with Cryptoquant analysts reporting a monthly demand increase from 40,000 BTC to 213,000 BTC, fueled by a rise in accumulation addresses and institutional investments through spot bitcoin ETFs in the US. The imbalance...

Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base


Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is seen by some in the crypto industry as a positive...

Stacks Accelerates Toward Mainnet With Strategic Nakamoto Testnet Rollout 


The layer two (L2) project Stacks has officially released its public Nakamoto Testnet, offering a refined testing ground for developers and signers ahead of the mainnet launch. Stacks Introduces Nakamoto Testnet for Comprehensive Pre-Mainnet Testing In a significant step forward for the Stacks...

Nansen Reports $200 Million Exodus From Kucoin After DOJ Action


Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $99 million in Ethereum-based assets and $109 million in outflows from various EVM-compatible...

Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token


Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao,...

Top Crypto Gainers Today on DEXScreener – VDZ, SHIV, DCI


With major cryptos likes Bitcoin (BTC) and Ether (ETH) consolidating close to two-week highs in the $70,000 and $3,600 areas, traders are turning to the on-chain shitcoin markets to find top crypto gainers today as they hunt for quick gains. The post Top Crypto Gainers Today on DEXScreener –...

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