Based on the BIS Report, the absence of international guidelines for stablecoins can result in discrepancies, preventing their optimal use in the global financial market. The study surveyed eleven countries and highlighted the need for definitive regulations to address this issue. The lack of cross-border flexibility compounds the challenge of integrating stablecoins into the global … Read more
MicroStrategy has suffered significant losses from short sellers totaling over $1.92 billion since March. This indicates that wagering against the company during this period of cryptocurrency boom proved unsuccessful. In January, the Securities and Exchange Commission gave its approval to several Bitcoin spot exchange-traded funds (ETFs). As a result, Bitcoin, once considered a niche asset … Read more
The goal of these security enhancements is to significantly fortify our foundational infrastructure. This involves a comprehensive upgrade of our core system, conducting thorough end-to-end and cross-chain tests, launching an official testnet to mimic mainnet functionality, and finally, addressing any bugs that could potentially disrupt the blockchain. Greetings Terra Classic community,, — Genuine Labs (@Genuine__Labs) … Read more
In the world of SocialFi, Tomo, an influential figure, has successfully raised $3.5 million in a funding round with Polychain Capital spearheading the investment. Renowned investors such as Consensys, Symbolic Capital, and OKX Ventures also joined this round. This substantial injection of funds marks a major milestone for Tomo as it continues its journey towards … Read more
Thomas Jordan, the leader of SNB (Swiss National Bank), suggested an idea for a cryptocurrency that the general public could utilize. During his speech in Zurich, Mr. Thomas Jordan noted that banks hold some natural advantages over digital currencies and blockchain-based projects when it comes to streamlining payment processes. This advantage can significantly benefit both … Read more