Ethereum (ETH) recorded a blistering rally of over 15% in the past 24 hours and surpassed its 2021 all-time high of $4,869.47 …
Adoption
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ …
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Adoption
State Street issues $100M digital debt securities on JPMorgan’s proprietary blockchain
by shayaanby shayaanState Street launched its first digital debt securities using JPMorgan’s Digital Debt Service, executing a $100 million commercial paper transaction. According to …
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Adoption
Allianz endorses Bitcoin as a ‘credible store of value,’ shifting from 2019 anti-crypto stance
by shayaanby shayaanAllianz declared Bitcoin (BTC) a “credible store of value” in a recent investment report, marking the first time the $2.5 trillion asset …
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Adoption
MetaMask enters stablecoin scene with mUSD launch on Ethereum and Linea
by shayaanby shayaanMetaMask, the widely used self-custodial wallet, has revealed plans to launch its own stablecoin, MetaMask USD (mUSD), later this year. According to …
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Adoption
Ethereum lands DBS tokenized notes as $1000 units rewrite private banking
by shayaanby shayaanAsia’s financial services giant DBS has launched its tokenized structured notes on the Ethereum network for accredited and institutional investors, marking a …
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Adoption
Fed warns banks could become irrelevant if they ignore blockchain adoption now
by shayaanby shayaanFederal Reserve Vice Chair for Supervision Michelle Bowman has called for banks to embrace blockchain technology or risk losing relevance. At the Wyoming …
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Adoption
China quietly prepares yuan stablecoins as 99% of supply minted in dollars
by shayaanby shayaanChina is evaluating yuan-backed stablecoins for the first time, with the State Council set to review a roadmap on currency internationalization and …
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Adoption
Ripple’s RLUSD gains institutional traction in Bullish IPO settlement
by shayaanby shayaanCrypto exchange Bullish disclosed on Aug. 19 that part of its $1.15 billion IPO proceeds was received in a mix of stablecoins, …
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Polkadot is moving to reposition itself in the current bull market by introducing a dedicated unit to bridge its ecosystem with institutional …