The Merit Circle ecosystem treasury report (referred to as the “Treasury”) reveals a noteworthy increase of more than USD $94 million as compared to the preceding quarter. This development highlights the Treasury’s strong financial standing and its deliberate investments in the gaming sector. Since its founding, Merit Circle has made
A request for greater oversight of crypto validators and stablecoin users has been made by Senator Elizabeth Warren in an effort to reduce illegal trade on a worldwide scale. Warren brought attention to the fact that cryptocurrency companies need to adhere to the same Anti-Money Laundering (AML) rules as more
In an effort to gain market share in the next five years, Ripple, the issuer of XRP, has revealed intentions to establish a stablecoin backed by the US dollar. The goal is to compete with Tether and Circle. Preceding the release, which details plans for the stablecoin initially issued on
Activating decentralized governance, the treasury, and partner chains are crucial catalysts for achieving blockchain sustainability, according to Cardano’s founder Charles Hoskinson. In response to a previous article on X, the founder of Cardano provided these important factors that would ensure the blockchain’s long-term viability. In order to make Cardano more
Due to an episode of increased volatility which has led to a decrease in the reserves of its dollar-pegged stablecoin dai, MakerDAO has instituted a series of interim fee adjustments intended to strengthen the protocol. The recommendation was brought out by BA Labs, a member of Maker’s Stability Advisory Council,
MicroStrategy, the prominent business intelligence firm, continues to stir up discussions within the financial realm with its audacious foray into Bitcoin investments. The company’s recent quarterly report for Q4 2023 unveiled a notable surge in its Bitcoin reserves, juxtaposed with a decline in revenue, marking a strategic shift in its
Grand Cayman, Cayman Islands, February 7th, 2024, Chainwire Ondo’s Sui upcoming integration will bring native access to new tokenized assets such as treasuries, securities, and stablecoins on chain Sui, the Layer 1 blockchain which has experienced explosive growth since its inception eight months ago, today announced that Ondo Finance is
Known popularly as Digital Pound and Britcoin, the digital currency of the United Kingdom’s central bank is now in active development. In order to keep up with the rapidly developing technology of digital currency, the UK thinks these steps are crucial. A Central Bank Digital Currency (CBDC), more popularly known
New York, USA, January 24th, 2024, Chainwire Within 72 hours of its presale launch on the 17th of January, Bitbot raised an incredible $300,000. Bitbot aims to lead the market for Telegram trading bots, a rapidly growing segment of the trading app market that has seen a considerable $7 billion
With a profound understanding of the blockchain industry and a proven track record of successful investments in Ethereum, Fantom, block.one, Cosmos, Polkadot, and more, billionaire investor Stelian Balta is recognized for his strategic insights and contributions to the growth of the blockchain ecosystem, boasting over 150 investments in the space.
