ECB warns about USD stablecoins threatening European monetary sovereignty
Blockchain News

ECB Alarms Europe: USD Stablecoins Threaten Monetary Sovereignty with 99% Market Dominance

The European Central Bank (ECB) has sounded the alarm: Europe risks losing its monetary sovereignty to USD-backed stablecoins, which now dominate 99% of the $230 billion global stablecoin market. With euro-denominated alternatives struggling to gain traction, the ECB warns of a potential shift in financial power that could reshape the continent’s economic future. Why is […]

Citigroup digital assets expansion into crypto custody services, symbolizing traditional finance embracing digital innovation.
Blockchain News

Citigroup Digital Assets: Pioneering Crypto Custody & Payment Services

A groundbreaking development is emerging from the heart of traditional finance. Citigroup, a global banking giant, is reportedly considering a significant foray into the digital asset space. This move could redefine how major financial institutions interact with cryptocurrencies. It signals a powerful shift towards broader acceptance and integration of digital assets within established financial frameworks. […]

Cryptocurrency whale activity surges in IMX, CRV, BCH, and CVX tokens.
Blockchain News

Whale Activity Explodes in IMX, CRV, BCH, CVX During Market Downturn

Amid a broader market downturn, whale activity has surged in cryptocurrencies like IMX, CRV, BCH, and CVX. This unexpected trend hints at strategic accumulation by large holders, potentially signaling a shift in market dynamics. Could this be a precursor to a bullish reversal? Whale Activity Spikes in Key Cryptocurrencies According to Santiment’s analysis, Immutable (IMX), […]

Qubic's controversial Monero hashrate grab and QUBIC token surge
Blockchain News

Shocking Move: Qubic’s 51% Monero Hashrate Grab Triggers Price Dip as QUBIC Token Surges 9.5%

In a bold and controversial move, Qubic, co-founded by IOTA’s Sergey Ivancheglo, has announced plans to control 51% of Monero’s hashrate, sparking intense debate and a 1.1% price dip for XMR. Meanwhile, QUBIC’s token surged 9.5%, reflecting market curiosity and skepticism. Here’s what you need to know. Qubic’s 51% Monero Hashrate Experiment: What’s Happening? Qubic […]

Visualizing the monumental 30 million USD1 stablecoin mint on the Solana blockchain, highlighting its impact on the digital economy.
Blockchain News

USD1 Stablecoin: Solana’s Monumental Minting of 30 Million Sparks Ecosystem Growth

The cryptocurrency world recently witnessed a significant event. World Liberty Financial co-founder Zach Witkoff announced the minting of 30 million USD1 on the Solana blockchain. This development marks a notable expansion for the USD1 stablecoin and for Solana’s burgeoning ecosystem. This substantial minting operation draws attention to the increasing utility of stablecoins within decentralized finance […]

Illustrates the remarkable growth of DeFi lending protocols, showcasing the $100 billion all-time high in crypto deposits.
Blockchain News

Lending Protocols Soar: Unprecedented $100 Billion Deposits Mark Historic Milestone

The cryptocurrency world recently witnessed a significant milestone. Total deposits into lending protocols have reached an unprecedented all-time high of $100 billion. This remarkable achievement, reported by Unfolded via X, underscores the escalating confidence and capital flowing into decentralized finance (DeFi). Investors and users are increasingly turning to these innovative platforms for various financial activities. […]

Fastex FTN-backed collectible currency notes with advanced security features
Blockchain News

Fastex Revolutionizes Collectibles with First Globally Issued FTN-Backed Currency Notes

In a groundbreaking move, Fastex has launched the first globally issued collectible currency notes backed 1:1 by its native FTN token. This innovative initiative bridges the gap between physical collectibles and blockchain technology, offering a unique blend of tangible appeal and digital transparency. What Makes Fastex’s Collectible Currency Notes Unique? Fastex’s collectible currency notes stand […]