The BRICS group, which includes Brazil, Russia, India, China, and South Africa, is now exploring the creation of a crypto stablecoin as part of a significant economic undertaking. According to Russian Deputy Foreign Minister Sergei Ryabkov, integrating digital assets into their financial structures will be a major priority for Russia during its 2024 Chairmanship. JUST … Read more
Recently, OP_CAT introduced a new proposal called BIP-420 in the ongoing Bitcoin community debate about covenants. Udi Wertheimer, a proponent of OP_CAT as presented on X, explains that this suggestion intends to introduce covenants to Bitcoin. This addition could lead to various possibilities such as smart contracts, secure connections between blockchains, on-chain transactions, and zero-knowledge … Read more
The U.S. SEC postponed the application to open an Ethereum ETF from Franklin Templeton. Based on information from the regulatory body’s website, the Commission intends to allow more time for processing the suggested rule modification to ensure thorough review and consideration. The SEC must decide on Franklin Templeton’s application by June 11. The Commission has … Read more
Hackers have gained unauthorized access to El Salvador’s government-managed Bitcoin wallet for the second time, releasing more confidential information into the public domain. On April 23rd, an unknown group going by the name CiberInteligenciaSV publicly shared some confidential information about Chivo’s source code and VPN access details for Bitcoin ATMs operated by the state in … Read more
Ripple, the company behind XRP, declined the U.S. Securities and Exchange Commission’s demand to return approximately $2 billion over institutional sales of XRP tokens. Ripple’s lawsuit counters that the disputed amount is relatively insignificant and accuses the Securities and Exchange Commission (SEC) of bullying tactics in the digital asset sector. Recently, the SEC presented papers … Read more