Velar has launched the world’s first Bitcoin perpetual swaps decentralized exchange (DEX) in beta, attempting to create more utility around the world’s first cryptocurrency. The new Velar Artha perpetual swaps DEX launched on BOB (Build on Bitcoin) on Sept. 16, according to an announcement shared with Cointelegraph. The milestone launch could unlock newfound Bitcoin liquidity for the ecosystem,…

Ethereum co-founder Vitalik Buterin spoke at Ethereum Singapore 2024 on Sept. 16 about the importance of solo staking for the future of Ethereum’s security and decentralization. Buterin discussed the risks posed by centralized entities and the role solo stakers play in protecting the network from attacks to ensure its long-term resilience and sustainability. Solo stakers…

Bybit, the world’s second-largest crypto exchange by derivatives volume, has secured a provisional license in Dubai two years after setting up its headquarters in the city. The centralized crypto exchange (CEX) has received a non-operational license from the Virtual Asset Regulatory Authority (VARA), according to an announcement shared with Cointelegraph. According to Helen Liu, Bybit’s Chief Operating…

A notable market analyst believes the cryptocurrency and commodities markets could both be ahead of a parabolic rally. This is because both crypto assets and commodities remain “extremely undervalued,” according to analyst and entrepreneur Michaël van de Poppe. The analyst noted in a September 15 post on X that commodities were last valued at similar levels in…

Ethereum developers are considering dividing the highly anticipated Pectra upgrade, which will increase the network’s efficiency and scalability, into two parts. The first phase could launch by early 2025. “There is broad agreement that if we split, the idea is that we want to ship Pectra one quicker, or as quick as possible, early next…

Circle, the issuer of the world’s second-largest stablecoin USDC, feels “confident” that stablecoins will become mainstream money. Simultaneously, regulations should be harmonized globally to ensure compliance for all payment stablecoin issuers. “Circle is confident that there will be mainstream adoption of stablecoins as the money for the internet age,” Dante Disparte, chief strategy officer and…