Ethereum has reclaimed its position as the primary blockchain for hosting USDT for the first time since 2022. Tether is minting new stablecoins on Ethereum as it expects higher demand.
Currently, only whitelisted parties can deploy EVM smart contracts on the mainnet. However, anyone can interact with the already deployed smart contracts.
Coinbase and Circle joined forces to offer 4.75% APY for USDC holders. This partnership is expected to attract users to Coinbase’s products, while also boosting the usage of USDC.
Ethereum has reclaimed its position as the primary blockchain for hosting USDT for the first time since 2022. Tether is minting new stablecoins on Ethereum as it expects higher demand.
With Solana’s staking market booming, centralized exchanges like Binance and Coinbase are reaping the rewards, leveraging their position to maximize staking and trading revenues.
Gensler declared war on "fraudsters" and "hucklers" — and took celebrities to task when they promoted little-known coins to their millions of followers, without disclosing they had been paid to do so.
World App integrates Blockaid to boost user security.
Vancouver mayor proposes Bitcoin adoption to protect purchasing power.
Virtuals AI Agent Protocol drives Base activity to ATH.
Bankrupt Celsius to begin a second distribution of $127 million in BTC.
Mara acquires 6,5k Bitcoin via $1B convertible note offering.
Tether discontinues
Riding the memecoin wave to scam inexperienced and busy users, hackers have built “poisoned” repositories of trading bots, from which ChatGTP eventually trained.
For all the key details of new Distributed Ledger Technology (DLT) projects in the banking world, real-world asset (RWA) tokenization, stablecoins, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' weekly has you covered.
CBDC Updates
'Urgency' Required in Digital Euro Rollout
Happy Sunday, Observers!
Good things come to those who wait, and we waited.
Bitcoin was $500 short from $100,000 after the news that the world’s leading anti-crypto crusader, SEC’s chair Gary Gensler, is leaving its post.
Now that we are throwing precautions out the window, wild things
The two-hour downtime was due to a bug in the transaction scheduling logic, which led to validators crashing. The incident resulted in a drop in SUI's price and raised doubts about the network’s ability to compete with Solana.
The zero-knowledge privacy application is gaining momentum on Farcaster, which has been grappling with a 96% decline in monthly revenue since February.
The CEO of Microstrategy unveiled Orange Protocol, a Bitcoin-based identity mechanism that is truly global, decentralized, and equalitarian. But does it have what it takes to face the challenges digital identity verification faces today?
On May 4 we celebrated Hal Finney's 68th birthday. A software developer received the first Bitcoin transaction from the anonymous Satoshi Nakamoto. Having worked on projects very similar to Bitcoin and being part of the Cypherpunk community, Hal Finney is widely believed to be the real person behind
Pakistan believes a central bank digital currency could support victims of family abuse — and Mastercard's reaping rewards after embracing tokenization.
Bitcoin researchers have uncovered worrying evidence suggesting that major mining pools might be operating under a single controlling entity. This challenges the core principle of decentralization in the Bitcoin network.
The cross-chain interoperability protocol is giving away its upcoming token (ZRO) to early users. The snapshot to determine eligibility is over, and ZRO is expected to launch in the first half of 2024.
The defendants challenge the SEC's authority to regulate their 2017 ICO, which Justin Sun and the Tron Foundation claim wasn't targeted at U.S. investors and involved primarily foreign participants.
The Open Network is gaining momentum. Its reunion with Telegram is an important partnership for both sides. Durov promises the Telegram-TON partnership will continue to grow as investors see huge potential in the duo.
With Solana’s staking market booming, centralized exchanges like Binance and Coinbase are reaping the rewards, leveraging their position to maximize staking and trading revenues.
Gensler declared war on "fraudsters" and "hucklers" — and took celebrities to task when they promoted little-known coins to their millions of followers, without disclosing they had been paid to do so.
World App integrates Blockaid to boost user security.
Vancouver mayor proposes Bitcoin adoption to protect purchasing power.
Virtuals AI Agent Protocol drives Base activity to ATH.
Bankrupt Celsius to begin a second distribution of $127 million in BTC.
Mara acquires 6,5k Bitcoin via $1B convertible note offering.
Tether discontinues
Riding the memecoin wave to scam inexperienced and busy users, hackers have built “poisoned” repositories of trading bots, from which ChatGTP eventually trained.
For all the key details of new Distributed Ledger Technology (DLT) projects in the banking world, real-world asset (RWA) tokenization, stablecoins, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' weekly has you covered.
CBDC Updates
'Urgency' Required in Digital Euro Rollout
Happy Sunday, Observers!
Good things come to those who wait, and we waited.
Bitcoin was $500 short from $100,000 after the news that the world’s leading anti-crypto crusader, SEC’s chair Gary Gensler, is leaving its post.
Now that we are throwing precautions out the window, wild things
The two-hour downtime was due to a bug in the transaction scheduling logic, which led to validators crashing. The incident resulted in a drop in SUI's price and raised doubts about the network’s ability to compete with Solana.
