a16z leads a funding round for a startup that is exploring the use of stablecoins in Pakistan and other emerging countries through neighborhood stores. According to a recent report from Bloomberg, Andreessen Horowitz is spearheading funding for a fairly new…
The People’s Bank of China has officially established the Digital RMB Operation and Management Center as the nation prepares its digital currency for widespread adoption. According to a recent report by Chinese media Capital Finance, the Governor of the central…
Hong Kong authorities have concluded the second phase of the e-HKD pilot program, with the central bank digital currency launch mostly aimed at institutional clients. According to a report by local media, the Hong Kong Monetary Authority has completed the…
GoPlus has detected unusual authorizations linked to 402bridge, leading to more than 200 users losing USDC in excessive authorizations made by the protocol. On Oct. 28, the web3 security company GoPlus Security’s Chinese social media account alerted users of a…
Switzerland parliament member Samuel Kullmann reveals that he is currently working to incorporate Bitcoin into the constitution and national reserves. According to a video circulating online, Swiss MP Samuel Kullmann said that he and his team are working towards getting…
As altcoins begin to show momentum, the SSR Oscillator continues to sit at cycle lows. This indicates that a large supply of liquidity could be deployed into the market soon. According to data from Coinglass, the Stablecoin Supply Ratio Oscillator…
On Oct. 27, Ethereum broke past $4,200 having surged by 7.12%. The token has been on an upward trend following institutional accumulation and geopolitical momentum. Ethereum has been trading around $4,220 showing renewed bullish momentum after reclaiming the $4,000 psychological…
x402 ecosystem tokens have risen to surpass $800 million in market value, rising by 366% only a day after launching the facilitator module protocol for BNB Chain. According to data from Coingecko, the protocol’s tokens has reached a market cap…
TradFi giant JPMorgan is reportedly planning to allow its institutional clients to use Bitcoin and Ethereum as loan collateral some time within this year. According to a report by Bloomberg, JPMorgan will start allowing their institutional clients to use Bitcoin…