India moves ahead in its blockchain adoption as the Ministry of Electronics and IT (MeitY) has launched the Blockchain India Challenge to promote innovative blockchain solutions for improving government services across key sectors. According to the press release published on February 24, the Blockchain India Challenge was unveiled by S.
Ethereum has significantly planned to make two moves comprising the FOCIL proposal and the Ethereum staking. Developers agreed that FOCIL, a proposal targeted at strengthening censorship resistance, will be comprised in the Hegota upgrade planned for the last six months of this year. The change aims to centralise block builders
Tether has observed another fall in the market capitalization of its major stablecoin, Tether, for the second consecutive month. It is noted that the market capitalization of USDT reduced from above $186 billion in January to close to $183 billion in February. This reduction is one of the most prominent
Gold, a precious metal, has gained values as a safe-haven. This comes at a time when cryptocurrencies are experiencing volatility. The phase of uncertainty has been attributed to several factors, including, but not limited to, the US-Iran conflict and a new tariff rate by US President Donald Trump. Gains in
Brian Armstrong, CEO of Coinbase, has criticized the proposed limit on stablecoins by the Bank of England. He warns that the rules could damage the United Kingdom’s position as a global financial hub. On the social media platform, he said Armstrong said that the proposed rules are an “innovation blocker”
Meta Platforms is preparing to integrate stablecoin payments across Facebook, Instagram, and WhatsApp in the second half of 2026. The company has reportedly issued requests for proposals to external infrastructure providers, with Stripe emerging as the likely partner. The move signals Meta’s renewed interest in digital payments, but under a
With the market in extreme fear, there is a 3% spike, which has triggered most of the digital assets to show up in green. The largest asset, Bitcoin (BTC), is trading at $65.4K, while the largest altcoin, Ethereum (ETH), hovers near $1.9K. How likely is this recent crypto gain to
Oobit, a crypto payment application, has announced the roll out of the crypto-to-bank transfer functionality. This builds on the existing offering to its users, gaining an edge in the competitive market while remaining different from traditional off-ramp providers. Backed by Tether, Oobit has provided additional crucial information to clarify details
Hong Kong is continuing to advance its digital asset plans, as it confirms that stablecoin issuer licenses are set to be issued in March, and a new bill is planned to expand oversight of crypto service providers. Hong Kong’s Financial Secretary, Paul Chan, delivered his 2026-2027 budget speech, where he
US federal agents from North Carolina have captured over $61 million worth of USDt associated with a large-scale “pig butchering” crypto investment scam that hunted victims via fake online relationships and fraudulent trading platforms. As per the Office of US Attorney for the Eastern District of North Carolina in Raleigh
