Stablecoins are the single best tool for the United States government to maintain the US dollar’s hegemony in global financial markets, according to LayerZero Labs CEO and founder Bryan Pellegrino. In an interview with Cointelegraph, […]
Key Takeaways Hut 8 and Trump’s sons have launched a new Bitcoin mining entity named American Bitcoin Corp. American Bitcoin aims to achieve over 50 EH/s and will be a publicly listed company. Share this […]
The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches […]
Circle, the issuer of the USDC stablecoin, has reportedly delayed its plans to go public. This is due to the growing financial market instability triggered by Trump’s sweeping import tariffs and China’s earlier retaliation. Multiple […]
Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report […]
Key Takeaways Circle has filed for an IPO with SEC to list on NYSE under the ticker CRCL. The IPO comes as Congress advances stablecoin legislation and Trump-backed World Liberty Financial announces plans to launch […]
Big Four accounting firm EY, formerly Ernst & Young, has changed its enterprise-focused Ethereum layer-2 blockchain Nightfall to a zero-knowledge rollup design as it says corporate clients are more comfortable with privacy solutions with easing […]
Texas Senator Ted Cruz proposed a bill aimed at incentivizing crypto miners to use flared gas for energy generation in the state. In an April 1 notice, Cruz said he had introduced the Facilitate Lower […]
Venture capital funding continued to pour into the blockchain and cryptocurrency industry in March, even as market commentators sensationalized the end of the bull market amid Bitcoin’s 30% retracement. VC flows are considered a vital […]
Key Takeaways Circle is planning an IPO in late April with JPMorgan and Citi as partners. The USDC issuer aims for a $4 to $5 billion valuation in one of 2024’s largest crypto offerings. Share […]
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