The Russian Agricultural Bank is thinking to keep crypto-based tools as an alternative to traditional settlement methods for exporting more than 49.5 million tonnes of grain. This step will help in amalgamating commodities market to digital assets, introducing this use case. Russia is very active in terms of crypto adoption.
The stablecoin market has grown exponentially since the inception of asset-backed cryptocurrencies. Their current market cap is over $251 billion, amounting to 7.63% of the total crypto market capitalization. Top stablecoins like USDT and USDC are used by billions of crypto users all over the world. The increased popularity and
Changpeng “CZ” Zhao, the co-founder and ex-CEO of Binance, is back stirring the pot — this time pushing for more automated, DEX-style token listings on centralized exchanges. In a recent X post thread, he argued that moving toward a setup like that could kill off front-running and give regular users
The shareholders of Meta have fiercely rejected a proposal to assess whether the tech giant should accumulate Bitcoin to its balance sheet. As per the May 28 regulatory filing, a proposal named “Bitcoin Treasury Assessment” was put before shareholders, receiving 3.92 million votes in favor. It was just 0.88% of
Metaplanet has recently increased its Bitcoin treasury by purchasing 1,088 additional BTC. This acquisition raised its total Bitcoin holdings to 8,888 tokens, valued at roughly $930 million. The company spent 16.89 billion yen ($117.5 million) to buy the latest Bitcoin batch at a price of 15.5 million yen ($108,051) per
The crypto market cap has settled at $3.29 trillion after a brief spike. T technical indicators of the major crypto assets like Bitcoin (BTC) and Ethereum (ETH) have been trading on the downside. The altcoin, Solana (SOL), has posted a spike of over 1.11% in the last 24 hours. The
In a headline-making move, a crypto whale has purchased 3,957 ETH, valued at approximately $9.88 million. This deal is more than simply another huge purchase; it is evidence of a larger and more obvious trend of Ethereum accumulation among the leaders of the crypto industry. Such large-scale buys also tend
Typical Musk move — he’s back at it, this time launching XChat, a reworked messaging system inside X. Unlike a normal DM app, XChat comes loaded with stuff like Bitcoin-style encryption, disappearing messages, media sharing, and smooth syncing across all your devices. He announced it in a post on X,
Although Ethereum has established a reputation in the cryptocurrency industry, its scalability issues are the primary reason the blockchain is lagging. Several “Ethereum killers” emerged in the industry, claiming they offer better scalability than the second-largest blockchain. Vitalik Buterin made a statement regarding the same during the ETHGlobal event. Buterin
South Korea will now surely have a crypto-friendly regulation independent of the factor who wins the presidential election, as both presidential candidates have run on pro-crypto platforms and promised to ease regulations as well as expand crypto access. The South Korean election will take place on June 3 to elect
