Tether, Kraken, Fabric Ventures back new MiCA-compliant stablecoins
    19 Nov 2024
    70 Views

    Tether, Kraken, and Fabric Ventures are backing Dutch fintech company Quantoz Payments in the launch of two stablecoins, EURQ and USDQ, compliant with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Set for release on Nov. 18, the euro- and United States dollar-backed tokens are licensed by the Dutch Central Bank (DNB) as e-money tokens…

    Bitcoin mining to make a comeback in households — Interview with Canaan
    19 Nov 2024
    63 Views

    Bitcoin mining went through a dramatic transformation over the years thanks to the skyrocketing popularity of cryptocurrencies. Despite the scaling up, ASIC devices — short for application-specific integrated circuits — are still the name of the game when it comes to efficiency, speed and energy in BTC mining. Designed solely for Bitcoin’s SHA-256 hashing algorithm,…

    BlackRock receives license to operate in Abu Dhabi
    19 Nov 2024
    110 Views

    BlackRock, the multinational investment firm and spot Bitcoin exchange-traded fund (ETF) issuer, received a commercial license to operate in Abu Dhabi, the capital of the United Arab Emirates. According to Bloomberg, the approval granted on Nov. 18 reflects BlackRock’s interest in expanding in the crypto-friendly region. The company is also seeking a license to operate in the…

    OP_VAULT explained: How it could enhance Bitcoin security
    18 Nov 2024
    65 Views

    What is OP_VAULT? OP_VAULT is a feature that adds extra security to Bitcoin, helping protect it from theft or unauthorized access. The decentralized nature of Bitcoin has revolutionized the digital economy. Still, as its use grows, so does the need for enhanced security. This is where OP_VAULT comes in, an innovative feature introducing a mechanism called…

    Look out, Solana: Starknet to 4X TPS within 3 months
    18 Nov 2024
    68 Views

    StarkWare CEO Eli Ben Sasson says he expects transaction speed on the firm’s Ethereum layer 2 Starknet to increase four-fold while fees fall “5x” over the next three months — which could see it competing with the likes of Solana. The network improvements will mostly come from “better compilation and faster execution” on Cairo —…

    ‘DOGE’ could increase economic freedom in US — Coinbase CEO
    18 Nov 2024
    92 Views

    Coinbase CEO Brian Armstrong has voiced support for the newly created United States Department of Government Efficiency (DOGE), a federal agency focused on reducing spending and cutting regulations. The department will be led by Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy. On Aug. 20, US President-elect Donald Trump floated the idea of bringing Musk into his…