Latest news from the Web3 ecosystem
President Andrzej Duda has again vetoed Poland's implementation of the Markets in Crypto-Assets (MiCA) regulation, leaving local cryptocurrency companies without a domestic licensing framework. The regulator has warned of an approaching deadline.
Digital asset markets are experiencing a downturn, mirroring broader financial trends as major tech stocks and gold prices retreat. Bitcoin's recent price action shows increased correlation with the Nasdaq.
The American fast-food chain Steak 'n Shake reported significant same-store sales increases after implementing its "burger-to-Bitcoin" strategy, amassing a $15 million Bitcoin reserve.
Despite delistings from major exchanges, Monero's (XMR) usage remains robust, particularly as darknet markets increasingly adopt the privacy-focused cryptocurrency.
Bitcoin faces ongoing price pressure around the $68,000 mark. Despite a decrease in market panic, derivatives data and ETF flows indicate subdued investor demand.
The well-known fast-casual restaurant chain Steak 'n Shake has announced a notable surge in sales after integrating Bitcoin as a payment option. The company is also strategically utilizing its Bitcoin holdings.
Andrew MacKenzie, CEO of pound-pegged stablecoin developer Agant, warns that the UK's pace of digital asset regulation may hinder its ambition to become a global crypto hub.
Japanese financial giant SBI Holdings has announced its intention to acquire a controlling stake in Coinhako, a cryptocurrency exchange operating under a Singapore license. This move signals a significant expansion for SBI in the Asian crypto market.
ZeroLend announces its immediate shutdown, citing economic unsustainability and escalating security risks as primary drivers after three years of operation.
A recent survey indicates a significant portion of cryptocurrency users are receiving income and making purchases with stablecoins, particularly in emerging economies.
Polygon experienced a temporary surge in daily transaction fees, exceeding Ethereum's own, driven by heightened activity on the Polymarket prediction platform. This event underscores the growing utility and user adoption of Layer-2 scaling solutions.
Decentralized lending protocol ZeroLend has ceased operations, with its founder citing operational losses and the inactivity of key blockchain networks as the primary reasons for the shutdown.