Circle is partnering with the XDC Foundation to integrate its USDC stablecoin and the advanced V2 Cross-Chain Transfer Protocol (CCTP V2) into the XDC network. This integration enhances the XDC network’s capabilities for dollar-denominated transactions, real-world asset (RWA) tokenization, and decentralized finance (DeFi). The collaboration provides developers and institutions with secure and programmable USDC transfers,
Hong Kong is moving fast to build its digital finance market through real-world asset (RWA) tokenization, exchange-traded funds (ETFs), and new stablecoin rules. Yet steep costs and compliance demands continue to hold back smaller issuers. On August 26, trading volumes in the city’s six virtual asset ETFs reached HK$56.4 million ($7.2 million). The figures show
While the US GENIUS Act is being celebrated as a market catalyst for stablecoin adoption, Japan’s earlier reforms show the flip side: Clarity doesn’t automatically translate into immediate real-world utility. Japan had the world’s first comprehensive stablecoin regime in 2023, but adoption has been muted. Licensed issuers exist on paper, yet there’s no thriving yen-stablecoin
The world’s largest investment firm, BlackRock, continues to flex its muscle in the cryptocurrency space through the steady accumulation of assets via spot exchange-traded funds (ETFs). To this end, data indicates that the company poured $314.9 million into its Ethereum spot ETF (ETHA) on August 25, marking one of the biggest single-day inflows since trading
Offchain Labs is making a zero-knowledge play for Arbitrum. Its venture studio Tandem has entered a one-year exclusive partnership with Succinct to build a zkVM tailored to the Arbitrum ecosystem. The agreement, announced Tuesday, binds both companies to collaborate solely with each other on this effort. “For one year, Tandem by Offchain Labs has an
The price of Bitcoin has plunged below $110,000 in the past 24 hours, marking one of its steepest corrections in weeks. According to data from Bitcoin Magazine Pro, the world’s largest cryptocurrency dropped to $108,890 and remains below the $110,000 threshold at the time of writing. The decline represents a sharp sell-off from just last
Bitcoin is showing signs of stability after a turbulent weekend that saw a whale-driven sell-off rattle the market. Following Sunday’s flash crash below $110,000, the largest cryptocurrency has clawed its way back to the $111K–$112K range, with traders now asking whether Bitcoin (BTC) is preparing for a rebound toward $120,000. Let’s dive into today’s Bitcoin
Mind Network has excitedly announced its groundbreaking partnership with AntChain to redefine Asset transfer privacy. This collaboration aims to explore the onchain integration of fully homomorphic encryption (FHE) to make asset flow more secure, compliant, and privacy-driven. Together with @AntChain, industry-leading blockchain infrastructure provider, we will explore how to bring fully homomorphic encryption on-chain, combining
Forty days after hitting an all-time high (ATH) of $124,457.12, the Bitcoin (BTC) price has suffered a 7.07% decline in the last month. The asset’s continued volatility has sparked concerns among investors. However, Maartunn, a crypto analyst, believes the coin is testing a critical support. Bitcoin short-term holders’ realized price In a post on X,
The world of finance is constantly evolving, and a recent announcement from Thailand is capturing significant attention! RSXYZ, a prominent publicly listed company in Thailand, has unveiled an ambitious plan that marks a new chapter for institutional engagement with digital assets. This bold Thai firm Bitcoin purchase involves successfully raising $5.8 million through a common