Category: blockchain

Stablecoin issuer Circle Internet Financial has acquired Hashnote, the issuer of US Yield Coin (USYC), a tokenized real-world asset (RWA) fund.  In a Jan. 21 announcement, Circle said the deal “will enable USYC to emerge as a preferred form of yield-bearing collateral on crypto exchanges, and also with custodians and prime brokers.” Hashnote’s USDY is…

Coinbase users complained of hours-long delays on Solana transactions as network congestion tied to US President Donald Trump’s Jan. 18 memecoin launch impacted the cryptocurrency exchange.  The crypto exchange’s “team is working hard on scaling our Solana infra now,” Coinbase CEO Brian Armstrong said in a Jan. 19 post on the X platform. “Lots of…

World Liberty Financial, the decentralized finance (DeFi) platform backed by President-elect Donald Trump, has started securing Ethereum Name Service (ENS) domain names related to Trump’s family members, fuelling speculation that more Trump family memecoin launches are imminent. On Jan. 19, Etherscan data revealed that the Trump family’s DeFi platform bought the ENS domain names barrontrump.eth,…

Mad Lads, a non-fungible token (NFT) collection on the Solana blockchain, has climbed to sixth place among the most valuable NFTs by floor market cap.  The surge comes as Solana (SOL) reached an all-time high of $287, up 19% in the last 24 hours, driven by the buzz surrounding the TRUMP memecoin, which was launched…

2025 will be a year of crypto projects and tokens merging to maximize product-market fit, according to Dan Novaes, co-founder of EARN’M — a loyalty platform that rewards users for screen time on their mobile devices. In an interview with Cointelegraph, the executive said the crypto space is extremely overcrowded and plagued by over-tokenization, disproportionately…

Cryptocurrency investor optimism is palpable ahead of US President-elect Donald Trump’s inauguration on Jan. 20, which is expected to bring more regulatory clarity to the industry. Bolstered by the prospect of more industry-friendly regulations, the XRP (XRP) token rose to its highest level since 2018, unfazed by the latest legal appeal of the US Securities…

Wyoming Senator Cynthia Lummis sent a letter to the Federal Deposit Insurance Corporation, claiming that whistleblowers informed her that the agency allegedly destroyed documents related to Operation Chokepoint 2.0. Lummis instructed the government agency to cease the destruction of documents and preserve all records related to “digital asset activities,” including the supervision of Signature Bank…

Dubai could be getting a new 17-storey Crypto Tower in 2027, according to its developers, while in Asia, a Bitcoin hotel in Tokyo is set to open its doors in Q3 — adding to a lengthening list of crypto-linked buildings in development around the globe.  In a Jan. 15 statement, the companies behind the Dubai…

The motivation behind cryptocurrency mining It’s the money, of course. Cryptocurrency mining is the process of validating transactions on a proof-of-work blockchain network, like Bitcoin or Ethereum Classic.  Miners play a crucial role in securing the network and, in return, are rewarded with newly minted coins.  Mining began in 2009 when Bitcoin’s creator, Satoshi Nakamoto,…

Bitcoin bridging has long been a technical and philosophical challenge, while other blockchain networks have embraced interoperability with relative ease. This difficulty arises from Bitcoin’s intentionally strict consensus rules and limited scripting language, which makes crosschain transactions cumbersome despite the demand for decentralized bridges.  Over the years, Bitcoin Virtual Machine (BitVM) protocols have been developed…

ScaleBit, a subsidiary of security auditor BitsLab, has flagged a purported vulnerability that could potentially compromise “all stored assets” in decentralized exchange (DEX) Uniswap’s Web3 wallets, ScaleBit told Cointelegraph on Jan. 13.  The alleged “flaw enables attackers with physical access to the device to bypass the wallet’s authentication mechanisms and directly retrieve the mnemonic phrase…

World, formerly known as Worldcoin, recently announced the milestone of verifying 10 million human beings on its digital identity network. Worldcoin uses a network of orbs to collect biometric data to establish proof of personhood — identifiers that verify an individual is human and who that individual is. The company says proof of personhood is…

Top Stories of The Week New Hampshire, North Dakota introduce bills for Strategic Bitcoin Reserve New Hampshire and North Dakota have become the latest US states to introduce legislation for a strategic Bitcoin reserve, signaling a continued push among lawmakers to diversify state treasuries with the cryptocurrency. According to Satoshi Action Fund CEO Dennis Porter,…

Crypto analysts are predicting a year of significant financial gains for Solana, which is poised to see more adoption from new retail investors, partly driven by expectations of a spot Solana exchange-traded fund (ETF) in the US. The artificial intelligence industry is also seeing a resurgence in investment thanks to growing interest in autonomous AI…

Indian cryptocurrency exchange WazirX, which suffered a $235 million cyberattack in July 2024, has announced a restructuring plan aimed at compensating affected users. The exchange, reportedly targeted by North Korea’s Lazarus Group, has developed the plan under the supervision of Singapore’s legal system. Zettai, the parent company managing WazirX, filed for a moratorium at the…

Fetch.ai, a crypto artificial intelligence company built on Cosmos, has announced a $10 million accelerator to support startups developing solutions focused on AI agents, quantum computing and high-performance tech. The accelerator, operating through Fetch.ai’s Innovation Lab, aims to connect research with real-world applications. The lab, with hubs in San Francisco, London and India, will provide…

AI agent platform Virtuals Protocol suffered a hack to its Discord server on Jan. 8, and several fraudulent links purporting to be the Virtuals Protocol website were posted on Google Search. According to the Virtuals team, one of the Discord group’s moderators was the victim of a private key breach that compromised the messaging server.…

2024 was a record-breaking year for the Bitcoin mining industry, but increased competition and sector volatility compelled several companies to adopt new strategies.  According to a Jan. 7 report by NiceHash and Digital Mining Solutions, public miners followed in MicroStrategy’s footsteps by increasing their Bitcoin (BTC) treasury holdings. “In 2024, a notable shift emerged among…

The Solana network has surpassed Ethereum and Base combined in 24-hour decentralized exchange (DEX) trading volume, according to data from DefiLlama.  According to DefiLlama, daily trading volume across Solana-based DEXs neared $3.8 billion on Jan. 6, versus $1.7 billion for Ethereum and $1.2 billion for Base, Ethereum’s most popular layer-2 scaling network. The rising trading…

Dogecoin has jumped 21% over the past week, outperforming major memecoins like Shiba Inu, Pepe and Bonk. At the time of publication, DOGE traded at $0.38. Shiba Inu (SHIB), Pepe (PEPE) and Bonk (BONK) were up 7%, 10% and 14%, respectively. Dogecoin’s price surged 21% over the past week, peaking at $0.39. Source: CoinGecko The…