IDA integrates HKDA stablecoin with Chainlink for secure cross-chain use
IDA Finance’s use of Chainlink Proof of Reserves and CCIP products aims to boost cross-chain operability and asset security.
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Shanghai Man: US senators tell athletes to avoid digital yuan, Chinese exchange volumes rebound … and more
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Olympic battleAfter months of writing about the relentless actions of the Chinese government, this week we lead with a story from the US Government.…
Ethereum layer-1 network revenue collapses. What's causing it?
Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal.
Fed policy and crumbling market sentiment could send the total crypto market cap back under $1T
The total crypto market capitalization broke above $1 trillion on July 18 after an agonizing thirty-five-day stint below the key psychological level. Over the next seven days, Bitcoin (BTC) traded flat near $22,400 and Ether (ETH) faced a 0.5% correction to $1,560.Total crypto market cap, USD billion. Source: TradingViewThe total crypto capitalization closed July 24…
AI tokens surge ahead of ‘Super Bowl’ Nvidia earnings report
Artificial intelligence-based crypto assets have surged as much as 70% in the past seven days as all eyes fall on Nvidia’s incoming earnings report.
Panama’s Supreme Court to rule on cryptocurrency legislation
The high court will now decide whether to declare the 'crypto bill' unenforceable or to approve it with modifications. 272 Total views 3 Total shares Own this piece of history Collect this article as an NFTPanama's crypto bill saga has reached a new chapter, with the country's Supreme Court deciding the future of the local…
Bitcoin forgets Fed as trader eyes classic BTC price ‘liquidity hunt’
Bitcoin (BTC) remained stuck inside a narrow range into May 20 as cryptocurrency markets shook off United States macro triggers.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewPowell leaves market with "tons of uncertainty"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading just below $27,000.The pair had seen brief volatility after Jerome Powell, Chair of…
Reddit to wind down blockchain-based rewards service ‘Community Points’
Reddit will shutter its Community Points feature by Nov. 8, citing scalability issues. 36 Total views 1 Total shares Reddit has said it will soon shutter its long-running, blockchain-based rewards service “Community Points,” citing scalability concerns. In an official Oct. 17 announcement in the r/cryptocurrency subreddit, a Reddit team member said while the platform saw “some
Bitdeer introduces energy-efficient Bitcoin mining chip
The chip will enhance Bitcoin mining performance, minimize power consumption, lower costs and reduce its environmental footprint.