Latest news from the Web3 ecosystem
Public Bitcoin miners are significantly expanding their power capacity, aiming for 30 GW for AI workloads. This strategic shift aims to counter reduced revenues following the recent Bitcoin halving event.
Minneapolis Fed President Neel Kashkari has publicly stated that cryptocurrencies are 'utterly useless' and stablecoins fail to offer advantages over existing payment systems like Venmo.
PayPal's stablecoin, PYUSD, has achieved a significant milestone, with its circulating supply now exceeding $4 billion. This growth positions it as a major player in the stablecoin market.
Robinhood is actively developing its own Layer 2 scaling solution, contrasting with Vitalik Buterin's skepticism about certain L2 approaches, highlighting a divergence in the Ethereum scaling strategy.
Bitcoin's price action has entered a period of significant bearish pressure, leading to over $200 million in cryptocurrency liquidations. This downturn is occurring within a tightly confined trading range.
Explore the intricacies of crypto vaults, examining their risk layers, composability, and the transformative impact of Real World Assets (RWAs) on DeFi yields.
Anchorage Digital is introducing U.S.-compliant stablecoin payment rails to assist international banks in overcoming correspondent banking limitations, enabling faster cross-border asset transfers.
CME Group is expanding its cryptocurrency derivatives offerings by introducing round-the-clock futures trading. This move aims to provide enhanced accessibility and flexibility for institutional and retail traders globally.
World Liberty, a company associated with former President Donald Trump, is partnering with Securitize to tokenize loan revenue from the Trump Organization's Maldives resort. This initiative leverages blockchain technology for real estate financing.
The Dash Evolution chain has successfully integrated Zcash's Orchard privacy pool, paving the way for enhanced transactional privacy on the Dash network. This initial integration focuses on basic transfer functionalities.
Bloomberg Intelligence analyst Mike McGlone has revised his most bearish Bitcoin price prediction. The shift follows significant market discussion regarding his previous $10,000 target.
The United Arab Emirates is reportedly generating substantial unrealized profits from its state-backed Bitcoin mining initiatives, with an estimated $344 million in potential earnings.