Day: 17 October 2024

After a lengthy spell of research and public consultations that began in 2017, the Bank of Canada has decided to discontinue its efforts to create a digital version of the Canadian dollar. This decision comes even as the central bank's study resulted in a staff discussion paper titled "The Role ...

Dogecoin price has long been a favorite in the crypto space, but many are now questioning whether it can truly reach the $1 milestone. Various Dogecoin price predictions for 2024 to 2030 suggest it’s possible, but far from guaranteed. Meanwhile, WallitIQ (WLTQ), an AI-powered crypto wallet altcoin, is emerging as ...

Indian crypto exchange WazirX manages over 240,000 wallet addresses as part of its operations. This exchange disclosed this information as part of an affidavit set to be submitted to the High Court of Singapore in the ongoing debt restructuring process of its parent company, Zettai Pte Ltd. In its announcement, ...

Payments giant Stripe is reportedly in talks with Texas-based stablecoin payments platform Bridge to enhance its range of cryptocurrency services. According to a recent Bloomberg report, the discussions are still ongoing. However, no official agreement has been reached, and both companies have remained tight-lipped about the potential deal. If Stripe ...

The competition in the Wrapped Bitcoin (WBTC) space is intensifying, with major crypto platforms launching their own products to cater to DeFi and institutional users. U.S.-based exchange Kraken has just unveiled its version, kBTC, following Coinbase's recent debut of cBTC. In a blog post published today, October 17, Kraken announced ...

Despite facing an ambiguous regulatory environment, North America continues to dominate the global cryptocurrency landscape. According to recent data from Chainalysis, the region received $1.3 trillion in on-chain value from July 2023 to June 2024, accounting for 22.5% of global crypto activity. The Chainalysis report attributed much of this activity ...

Retail investment platform Robinhood has made a significant leap in expanding its cryptocurrency offerings, unveiling several new features at its inaugural HOOD Summit. The platform announced its entry into the crypto derivatives market with the introduction of Bitcoin and Ethereum futures trading. It promises to make it accessible even for ...

Euroclear, a leading global financial infrastructure provider, has entered the Asian market for the first time by acquiring a strategic stake in Marketnode, a Singapore-based firm focused on digital market infrastructure and blockchain technology. This move marks a significant step for Euroclear, as this investment is expected to help it ...

In a new blog post published today, October 17, co-founder Vitalik Buterin follows up on his last post on Ethereum’s development by outlining his vision for the next phase, colloquially known as the “Surge. "  Buterin stated that the primary goal of this phase is to scale Ethereum to handle ...

The political action committee backing Donald Trump's presidential campaign, known as Trump 47 PAC, has raised $7.5 million in cryptocurrency since June 2024. According to Business Insider, contributors donated using various digital currencies, including Bitcoin, Ethereum, XRP, and stablecoins such as USDC and Tether. The Trump 47 Committee PAC, in ...