Tether to launch dirham-pegged stablecoin on TON
    02 Nov 2024
    36 Views

    Stablecoin issuer Tether has announced that its United Arab Emirates dirham-pegged stablecoin will be launched on The Open Network (TON) blockchain. At the TON Gateway event held in Dubai, Alessandro Giori, Tether’s senior strategic partnership manager, announced that its dirham stablecoins, announced earlier this year, will be launched on the TON blockchain. On Aug. 21,…

    BlackRock Bitcoin ETF breaks $30B; US ETFs set to hit 1M BTC holdings
    31 Oct 2024
    44 Views

    BlackRock’s spot Bitcoin exchange-traded fund (ETF) has surpassed $30 billion in holdings, reflecting increasing demand for the world’s leading cryptocurrency. The world’s largest asset manager reached the $30 billion mark less than 10 months after launching its Bitcoin ETF, which began trading on Jan. 10. BlackRock currently holds more than 417,000 Bitcoin worth over $30.4…

    EU MiCA rules pose ‘systemic’ banking risks for stablecoins — Tether CEO
    29 Oct 2024
    62 Views

    Europe’s forthcoming regulatory framework will introduce banking concerns for stablecoin issuers that could threaten the stability of the broader crypto space, according to Paulo Ardoino. The Markets in Crypto-Assets Regulation (MiCA) is the first comprehensive regulatory framework for the crypto industry and is set to go into full effect on Dec. 30. Under MiCA, stablecoin…

    Stablecoins and the dollar: Allies or adversaries in the new financial era?
    26 Oct 2024
    84 Views

    One of the key topics linking cryptocurrencies to all Americans, regardless of whether they are in crypto, could be the prospect of a digital dollar — a version of the currency issued by the Federal Reserve that is traced on the blockchain. The prospect of a digital dollar has sparked concerns about privacy, leading to…

    Bitcoin hashrate hits all-time high, boosting network security
    22 Oct 2024
    92 Views

    The Bitcoin hashrate has reached a new all-time high, showcasing the growing security of the world’s first blockchain network. The Bitcoin network hashrate — the total computing power securing the Bitcoin network — reached an all-time high of 769.8 exahashes per second (EH/s) on Oct. 21. The hashrate has been in a steady uptrend since…

    Two builders produce 88% of Ethereum blocks in October, raising concerns
    18 Oct 2024
    64 Views

    Two Ethereum block builders produced the majority of blocks during the first two weeks of October, raising concerns about centralization on the world’s second-largest blockchain network. Ethereum block builders Beaverbuild and Titan Builder were responsible for 88.7% of all blocks produced over the past two weeks on the mainnet, according to Toni Wahrstätter, a researcher…