McLaren Racing announced a multi-year partnership with the Hedera Foundation, listing Hedera as an Official Partner of the McLaren Mastercard Formula 1 Team and the Arrow McLaren IndyCar Team. The collaboration will bring Hedera infrastructure into motorsport, with Hedera set to create new, officially licensed digital fan experiences built on HBAR’s distributed ledger. The first…
Onchain asset manager Maple is extending its yield-bearing US dollar token, syrupUSDC, to Coinbase’s Base network, bringing institutional credit directly into a fast‑growing Ethereum layer-2 ecosystem. According to a Thursday release shared with Cointelegraph, the launch will provide the company with a “direct path” to Coinbase’s broader ecosystem of users and products, while making institutional-grade…
Homepage > News > Business > BTC network difficulty falls again as miners switch off Block reward mining’s difficulty rate keeps falling, but mining economics remain dependent on the BTC token’s fiat price, which appears increasingly incapable of honoring its ‘number go up’ reputation. The BTC network’s mining difficulty rate fell again on January 22,…
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Binance launched a USD1 rewards campaign, distributing $40m in WLFI tokens through weekly airdrops. WLFI payouts are based on users’ net USD1 balances, with higher rewards for USD1 used as collateral. USD1’s market cap has surpassed $3 billion, while WLFI activity has increased across DeFi and payroll uses. Binance has rolled out a new rewards…
TLDR: Prosecutors lost approximately $48 million in confiscated Bitcoin after accessing a fraudulent phishing site. The stolen cryptocurrency was stored on USB drives rather than in institutional custody solutions for security. Wallet passwords were exposed during routine asset inspections, allowing unauthorized access to seized funds. South Korea has expanded its crypto seizure authority since the…
AXS, Bitcoin, and Meta: Navigating the January Volatility The crypto market is rarely quiet, and this week is no exception. We are seeing a violent rotation into GameFi, a decoupling of Bitcoin from traditional hedges, and a high-stakes earnings play in the equity markets. Here is what you need to know to stay ahead. 1….
Homepage > News > Business > UK’s AI approach in finance risks harm to consumers and systems The United Kingdom’s regulators are exposing the public and the financial system to “serious harm” through their current approach to artificial intelligence (AI), according to a new report by a Parliamentary Committee. On January 20, the Treasury Select…
XRP price attempted a rebound a few sessions back, but the move failed to hold. After bouncing from January 20 to January 21, XRP stalled near $1.98 and rolled over again. It now trades close to $1.90, slipping back toward a zone where downside risk is starting to dominate. The chart shows a clear bearish…
Changpeng Zhao-backed YZi Labs has announced an investment in BitGo as the crypto custodian made its debut on the New York Stock Exchange. Summary YZi Labs has backed crypto custodian BitGo’s initial public offering as it bets on regulated crypto infrastructure. BitGo’s first day on the NYSE was marked with volatility. “BitGo has maintained a…