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Ripple Exec Breaks Down Stablecoin Bill’s Impact on Crypto Market
The recent signing of the GENIUS Act has refocused attention on stablecoins. In a recent tweet, Ripple’s SVP of Stablecoins, Jack McDonald, discussed the implications of stablecoin legislation for cryptocurrency and digital infrastructure. The stablecoin bill, known as the GENIUS Act, was signed into law on Friday, marking a huge win for the crypto industry,…
Bitcoin Miners See Worst Yearly Payout: Income Drops To $34M
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data suggests the Bitcoin miners have recently been the most underpaid in around a year, as daily revenue hits a $34 million low. Bitcoin Miner Revenue Has Observed A Plummet According to data from the on-chain analytics firm CryptoQuant, the margins…
KAS now available for trading!
We’re thrilled to announce that $KAS are now available for trading on Kraken! Funding and trading Trading for $KAS will be live as of 14:00 PM UTC today, November 19, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your…
Nasdaq-Listed DeFi Technologies Sets Up Shop in Dubai to Tap MENA’s Crypto Boom – Emerging Markets Bitcoin News
DeFi Technologies Inc, a Nasdaq-listed fintech firm, is expanding into the GCC and MENA regions to capitalize on the rising institutional demand for digital assets across the Middle East. Expanding DeFi Technologies’ Global Footprint DeFi Technologies Inc, a Nasdaq-listed financial technology company, has announced a significant expansion into the GCC and MENA regions. The company…
Bitcoin Breaks Class Barriers, Says Eric Trump
Enjoyed this article? Share it with your friends! On August 29, Eric Trump has shared his views on how Bitcoin BTC $108,352.52 is changing the way people interact with money. He argued that, for the first time, financial opportunities are not limited by someone’s wealth or social background. Speaking at the Bitcoin Asia conference in…
Kelp DAO exploited for $292 million with wrapped ether stranded across 20 chains
A cross-chain bridge holding nearly a fifth of a restaked ether token’s circulating supply just got drained, and the fallout is moving through DeFi faster than Kelp DAO can pause contracts. An attacker drained 116,500 rsETH (restaked ether) from Kelp DAO’s LayerZero-powered bridge at 17:35 UTC on Saturday, worth roughly $292 million at current prices…
