UAE’s dirham stablecoin race widens as RAKBank nets in-principle approval
RAKBank becomes the first homegrown bank to receive in-principle approval to launch a dirham-backed stablecoin, widening the UAE’s stablecoin race.
AI blockchain
Coinbase Executive Outlines 2 Ways Quantum Computing Could Threaten Bitcoin
Coinbase’s Head of Investment Research, David Duong, outlines two ways quantum computing could threaten Bitcoin, including private key security and long-term economic and security model challenges. While current quantum technology is not yet a threat, the community must remain proactive in addressing these potential risks.
Ripple Says No IPO Despite $40B Valuation and Wall Street Interest
Ripple has raised $500 million at a $40 billion valuation but remains committed to staying private, citing strategic investor relationships as the reason to avoid an IPO. Learn more about its decision and its implications.
Binance and Coinbase Abruptly Add Support for New ZK Proof Altcoin
Binance and Coinbase have abruptly added support for a new zero-knowledge (ZK) proof altcoin called Brevis (BREV), signaling a growing interest in privacy-focused cryptocurrencies.
MSCI Scraps Plan To Exclude Digital Asset Treasury Firms, Signals Rethink
MSCI reverses decision to exclude digital asset treasury firms from its indexes, signaling a rethink on their treatment.
Ethereum blob limit bumps up to 21, boosting network scalability
Ethereum increases blob limit to 21, enhancing scalability and reducing transaction costs through rollups. Learn how this impacts the network and users.
CLARITY Act headed for markup next week: Senator Tim Scott
The CLARITY Act is set for markup next week, marking a crucial step towards regulatory clarity for the crypto and blockchain industries.
Bitchat dev shrugs off Uganda’s threat to block app: ‘Good luck mate’
Bitchat developer responds to Uganda’s threat to block the app, stating “You can’t stop us” and “Good luck mate.” The move is seen as an attempt to control the flow of information and suppress dissenting voices ahead of the country’s election.
Ripple President: We Still Plan to Remain Private
Ripple President Monica Long confirms the company’s plans to remain private, despite significant growth and expansion. The decision underscores a long-term strategic vision focused on global payment solutions and strategic partnerships.
‘Like sats for Bitcoin’: Tether creates tiny gold unit as onchain demand grows
Tether introduces Scudo, a tiny gold unit inspired by Bitcoin’s sats, to enhance digital gold transactions amid rising institutional demand.