Tether plans to launch dirham stablecoin with UAE partners
Tether teams up with UAE’s Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances.
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Top 20 Cryptos Make Small Gains While Stocks and Oil Indexes See Green
Feb. 12 — cryptocurrency markets are seeing measured growth among the top 20 coins by market capitalization, according to data from CoinMarketCap.Market visualization from Coin360The biggest cryptocurrency, Bitcoin (BTC), is slightly up 0.05 percent, trading at $3,658 at press time. Bitcoin has climbed 5.65 percent over the past 7 days amidst all but one top…

Ethereum supply flips briefly into deflation as gas fees spike
A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far. 856 Total views 8 Total shares The theoretical deflationary properties of Ethereum’s London upgrade last week have already been seen in action on the blockchain with almost 800 "deflationary blocks" produced.A spike in the Ethereum transaction fee burn…

Bitcoin investment inflows hit $1B as long-term holders accumulate
Inflows to crypto Bitcoin funds top $1 billion as BTC price remains stuck in a range below all-time highs.

President Biden signs executive order to promote AI infrastructure
With less than a week until he leaves office, the US President could have signed one of the last executive orders of the more than 150 implemented during his term.

Casa Unveils New Solution to ‘What Happens to My Bitcoin When I Die’
New York-based crypto custody startup Casa has released a new security protocol and service focused on helping people address the question of Bitcoin (BTC) inheritance.The new offering, dubbed “Casa Covenant,” was revealed in an official blog post on Oct. 21.“What happens to my Bitcoin when I die?”Casa approaches the question of Bitcoin inheritance by highlighting…

98% of All Bitcoin Is Now Worth More Than When You Bought It
At around $12,000, buying Bitcoin has been a profitable activity on 97.6% of all days since April 2013, data confirms. Bitcoin (BTC) has delivered gains to its holders on almost 98% of all days since 2013, new data confirms. According to a dedicated social media-based monitoring resource which tracks profitability, buying Bitcoin has made its holder…

Government of Abkhazia Cuts Off Power to 15 Cryptocurrency Mining Facilities
The government of the Republic of Abkhazia has cut power to some cryptocurrency mining farms due to electricity concerns, state electric utility Chernomorenergo RUE announced in a Facebook post on Dec. 31.Per the announcement, Chernomorenergo cut power to 15 facilities with a total capacity of 8,950 kilowatt-hours (kWh), which is purportedly equivalent to the electricity…

ConsenSys throws its weight behind Uniswap DeFi lobbying proposal
Ethereum solutions provider ConsenSys has pledged support for a Uniswap governance proposal to set aside tokens for a new decentralized finance (DeFi) fund for political lobbying.The proposal was made on May 27 by the Harvard Law School Blockchain and FinTech Initiative for the creation of a fund that would finance existing and new political groups…