Browsing Category
Blockchain
Beijing to invest in blockchain, integrate into infrastructure
The Beijing city administration has announced a plan for local blockchain development and implementation over the next two years.According to an April 29…
A16z leads $25M funding for Miden blockchain project
A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs.Miden closed its $25 million seed rounds led…
Circle gets Abu Dhabi regulatory nod to expand in Middle East
USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market…
BlackRock Bitcoin ETF buys $970M in BTC as inflows surge, boost market
BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows providing…
BlackRock Bitcoin ETF buys $970M in BTC as inflows surge, boost market
BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows providing…
1inch launches on Solana with crosschain swaps in the pipeline
Decentralized exchange (DEX) aggregator 1inch has launched on Solana, marking a significant step toward its vision of a “unified multichain” decentralized finance…
Abu Dhabi institutional giants team up for dirham stablecoin
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin.Abu Dhabi’s…
US dollar to face growing competition for stablecoin dominance: Tether co-founder
While United States dollar-denominated stablecoins dominate the stablecoin and real-world asset (RWA) tokenization game, other competitors are coming into play,…
Gold-backed cryptocurrencies spike amid global trade uncertainty
Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs.Tether Gold (XAUT) and Paxos…
Tether still dominates stablecoins despite competition — Nansen
Despite growing competition from emerging issuers, the stablecoin market remains largely dominated by a few key players. According to data from Web3 research firm…