On Thursday, Rostin Behnam, chairman of the CFTC, predicted that Bitcoin’s value might “double in price” if it were sold in a CFTC-regulated market. The chairman noted that the crypto market has “a massive opportunity for institutional inflows that will only occur if there’s a regulatory structure.” The remarks come
The first largest PAN India blockchain-led hackathon, PLI Blockathon powered by XDC.DEV, concluded on a triumphant note, unifying a vibrant community of blockchain developers of the nation. The 36-hour blockchain hackathon began on September 22 at Sathyabama Institute of Science and Technology, Chennai, India. Plugin, a Decentralized Oracle, a product
Radix, the asset-focused DeFi smart contract platform, has now launched the Alphanet test network in anticipation of the impending Babylon release. The current Radix Public Network will get its first significant upgrade with the release of Babylon. Among all available options for DeFi, only Radix offers a comprehensive stack. Radix
The market cap of USDC has dropped by 5% as per CMC. Anxiety sparked when Binance first announced the change earlier this month. Binance starts conversion of TrueUSD, Pax Dollar, and USDC from Circle, to the exchange’s own stablecoin, Binance USD. It has already begun to have an impact on
TBD will enable USDC stablecoin cross-border payments and self-custody. The firm will support the USDC stablecoin for a number of use cases. Jack Dorsey’s payment company Block’s subsidiary TBD has teamed with Circle. In order to develop open standards and open-source technology. This will facilitate the widespread use of digital
The exchange must disclose how much money was collected via the sale of tokens. Parent Firm 2TM criticized Brazil’s governing bodies on the regulation of crypto. Securities authorities in Brazil have demanded details on the digital tokens produced by Mercado Bitcoin. The largest cryptocurrency exchange in Latin America. Mercado Bitcoin
USDC support rises from eight to thirteen blockchains due to this new initiative. It was announced at Converge22 conference in San Francisco by Circle CEO. Due to the delisting of USDC from Binance and WazirX, Circle is looking to increase its presence on other blockchains to preserve its position in
Chainlink Economics 2.0 is aims to enhance the long-term utility and durability of Oracle services. BUILD is a program design to promote ecosystem growth and drive dApp innovation. The Chainlink Network is entering a new era emphasized by Chainlink Economics 2.0. Which promotes long-term growth, cryptoeconomic security, and value‐added capture.
The Terraform representative accused South Korean prosecutors of exceeding their jurisdiction. The spokesman says the case regarding Do Kwon is ‘highly politicized.’ The Terraform Labs representative recently claimed in a statement that the South Korean authorities are overstepping their bounds by obtaining a warrant for the detention of Terra founder,
Harrison detailed his plans to move into an advising position at FTX US. CEO Alex Mashinsky of Celsius resigned recently. U.S. division president of cryptocurrency exchange FTX, Brett Harrison, announced his resignation today. Over the next three months, he will be transitioning out of his present position and into an
