Bitcoin (BTC) passed $84,000 after Wednesday’s Wall Street open as US stocks added to gains on more strong corporate earnings reports. Key points: Bitcoin climbed nearly 2% on Wednesday to return to $84,600 for the […]
Bitcoin-focused developer Babylon Labs has submitted a proposal to let users borrow stablecoins on Aave against native Bitcoin (BTC). Under the hood, users would lock their BTC in vaults on the Bitcoin network and borrow […]
Key Takeaways Sophon Chain said its Ethereum Layer 2 mainnet will permanently shut down on Nov. 30, 2026.Rising $3M+ annual overhead costs highlight the financial burden facing Layer 2 networks.Users must bridge liquid SOPH, ETH, […]
Key Takeaways NIP Group said it is acquiring 4.47 EH/s of bitcoin mining capacity, expanding its total hashrate to approximately 13.85 EH/s.The company expects to mine 195 BTC monthly at full deployment, up from its […]
The US Office of the Comptroller of the Currency finalized rules Wednesday for payment stablecoin reserves, redemptions and related custody activities, implementing the GENIUS Act for entities under its jurisdiction. The final rule states issuers […]
Key Takeaways Microsoft, Alphabet and Goldman Sachs formally objected to OKXICE’s proposed tokenized stock trading.Andrew Cuomo defended OKXICE’s blockchain ambitions during an Oct. 20 press conference.OKXICE’s SEC exemption allows issuers to object to third-party tokenization […]
Nearly 90% of circulating FXRP supply is deployed across DeFi protocols. Flare Data Connector fees now account for 45% of protocol revenue. Flare plans Bitcoin integration and mainnet deployment of confidential computing. Nearly 90% of […]
Key takeaways Bitcoin traded around $82,800 on Wednesday, maintaining gains from the previous session. BTC remains above its 50-day and 200-day EMAs, supporting a constructive technical backdrop. Support lies at $80,769, with deeper levels at […]
Decentralized exchange PancakeSwap’s total value locked (TVL) grew nearly 19% over the past week, adding about $380 million as the protocol moves toward a major overhaul of how it distributes trading fees to liquidity providers. […]
The op-ed below was written by Michael Handelsman for Kelman.Law and is Part 1 of “Stablecoins After the GENIUS Act: A Practical Legal Guide for Businesses.” The GENIUS Act: What Stablecoin Businesses Need to Do […]
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