U.S. Senate Advances GENIUS Act Targeting Stablecoin Regulations
U.S. Senate Advances GENIUS Act Targeting Stablecoin Regulations
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U.S. Senate Advances GENIUS Act Targeting Stablecoin Regulations
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New cryptocurrencies are tapping into the hype surrounding Donald Trump’s inauguration and the growing DeFAI (DeFi meets AI) trend. Among the notable projects are Trump Burner (BURNER), First Crypto President (FCP), and DeFAI (DEFAI). BURNER, launched just a day ago on Pump.fun, has quickly gained traction, amassing 26,000 holders and generating a daily trading volume…
The developer community has long debated the true value of hackathons. Across forums and social media, many have voiced concerns that these events are often predatory by nature, serve as little more than PR stunts, or exploit participants by using their ideas and labor for free under the guise of “community building“. From the CodeX…
Hong Kong-Shanghai Banking Corporation (HSBC), an international banking giant, announced the first successful test of quantum computing in a trading application on Thursday. Researchers at HSBC used a quantum computer processor as part of their algorithmic trading process, a method of trading that uses pre-defined rules to execute transactions, to find the likelihood of filling…
TLDR: BitMine’s ETH holdings drop to $8.4B, down $8B from the initial $16.4B investment. BMNR stock plunges 88% since its July peak amid Ether price declines. Over 2.9M ETH staked, generating 2.81% annual yield in staking rewards. BitMine holds $538M cash with no debt, allowing it to maintain ETH positions. BitMine ETH losses have…
The European arm of global cryptocurrency exchange KuCoin has hired anti-money laundering (AML) and compliance expertise in a bid to appease its regulator, which recently demanded the exchange halt business in Europe due to a staffing shortfall. KuCoin EU, which holds a Markets in Crypto Assets (MiCA) license from Austria’s FMA, appointed Carmen Kleinhans as…
Ampleforth is a unique protocol in the DeFi ecosystem, designed to bring adaptive supply mechanics to digital assets. Unlike traditional cryptocurrencies with fixed supplies, Ampleforth’s native token, AMPL, automatically adjusts its circulating supply based on market demand, expanding or contracting daily to target price stability relative to the U.S. dollar. Supporting this elastic economic model…