Blockchain
BNY Explores Blockchain Solutions for Daily Payments of $2.5 Trillion
BNY Mellon is considering the use of tokenized deposits to enhance its cross-border settlement capabilities, as well as to update its payment systems.
Finance
BNY Mellon Investigates Tokenized Deposits for $2.5 Trillion Daily Payment Network
BNY Mellon is looking into the implementation of tokenized deposits to enhance its vast daily payment systems and improve cross-border transactions.
Ecosystem
Ethereum Mainnet Achieves Higher Daily Active Addresses Than Layer-2 Solutions
Ethereum's mainnet has outpaced all layer-2 networks in terms of daily active addresses, though security experts caution that this may be influenced by address poisoning scams.
News
Bitcoin Purchases Reach $1.2 Billion, Yet ETFs Take Center Stage
Last week saw Bitcoin treasury firms purchasing over 6,700 BTC, primarily fueled by Japanese firm Metaplanet, while Bitcoin ETFs made significant inflows.
Crypto
Bitcoin Enthusiasts React to Scott Bessent's Surprise Visit to Bitcoin Bar
The Bitcoin community celebrated after US Treasury Secretary Scott Bessent unexpectedly visited Pubkey, a Bitcoin-themed bar in Washington.
Crypto News
TRM Labs Reports Doubling of Retail Crypto Transactions Amid Regulatory Clarity
TRM Labs reveals that retail crypto transactions have surged by 125%, attributed to improvements in regulatory clarity.
Crypto
Bitcoin Advocates Urge Signal to Accept BTC Payments Amid Privacy Concerns
Bitcoin enthusiasts, including notable figures, are pushing for Signal to incorporate Bitcoin payments in order to enhance privacy.
News
Dubai's Initiative to Regulate Machine Economy with Peaq Network
Dubai is advancing its regulatory measures for the machine economy through a new partnership with the Peaq network, focusing on the integration of robotics, AI, and tokenization.
Ecosystem
Grayscale's Chainlink ETF Launch Garners $41 Million on First Day, Yet Lacks ‘Blockbuster’ Appeal
Grayscale's Chainlink ETF saw strong initial trading but hasn't significantly boosted the LINK token, which continues to face a major decline over the past year.
Crypto
Walmart's OnePay Banking App Set to Introduce Bitcoin and Ether Trading This Year
The Walmart-backed banking application, OnePay, aims to integrate cryptocurrency trading and custody, positioning itself as a superapp akin to China's WeChat.
Finance
Ripple Labs Authorized to Broaden Payment Operations in Singapore
Ripple Labs has gained approval from Singapore's central bank to expand its payment activities, showcasing the company's commitment to growing its institutional offerings.
Crypto
Wall Street Increases Investment in Bitmine Amid DeFi Liquidity Challenges
Despite ongoing liquidity issues in the DeFi sector, major Wall Street firms are ramping up their investments in Bitmine, a leading Ethereum treasury company.
Crypto
Voltage Launches US Dollar Credits for Lightning Payments in Businesses
Voltage introduces a USD-secured credit line for instant Bitcoin payments, revolutionizing business transactions.
Blockchain
Rails Collaborates with Stellar to Introduce On-chain Vaults for Institutional Derivatives
Rails has partnered with Stellar to create on-chain vaults targeting institutional crypto derivatives trading, enhancing security and operational efficiency.
Cryptocurrency News
Is Bitcoin's Bull Cycle Coming to an End as Market Turns Bearish?
Bitcoin is showing bearish signs as institutional purchases decline and critical indicators suggest a possible end to the ongoing market cycle.
Crypto
Survey Reveals Majority of Hedge Funds Engaging with Cryptocurrency Assets
A recent survey indicates that a growing number of traditional hedge funds are investing in cryptocurrency, reflecting an institutional pivot toward digital assets.
Finance
Funding for U.S. Bitcoin Reserve Could Begin Soon, Says Senator Lummis
Senator Cynthia Lummis indicates that the process to fund a U.S. Strategic Bitcoin Reserve could commence, though legislative delays are currently an obstacle.
News
Bitwise Executive Envisions Solana as Wall Street's Favored Stablecoin Network
Matt Hougan from Bitwise believes Solana's efficiency positions it as the primary choice for stablecoins in the financial capital.
News
Bitwise Executive Envisions Solana as Wall Street's Leading Stablecoin Network
Bitwise's Matt Hougan believes Solana's rapid transaction capabilities may position it as the favored network for stablecoin transactions on Wall Street.
Finance
Are Prediction Markets Gaining Traction in Mainstream Finance?
An expert suggests that prediction markets are on the verge of widespread acceptance due to their straightforward nature.
