Author: Digicoinvision
For decades, wholesale dollar settlement has meant waiting for Fedwire to open, and JPMorgan just stopped waiting.The bank converted its permissioned “JPM Coin” system into JPMD, a deposit token backed by insured balances at JPMorgan, and placed it on Coinbase’s Ethereum layer-2 (L2) Base.Pilot transactions with B2C2, Coinbase, and Mastercard are already live. The timing isn’t accidental, as JPMorgan is betting that corporate treasurers and trading desks will pay for programmable, round-the-clock liquidity before the Federal Reserve decides whether to extend Fedwire hours.This isn’t DeFi experimentation, but a regulated bank money running on public rails with smart contract hooks instead.JPMD…
Periodic service disruptions and capacity strain on centralized cloud infrastructure have created an opening for companies building distributed networks.Supporters of the distributed approach argue that spreading workloads across several smaller nodes reduces concentration risk. They say the model could be especially valuable in sectors with high computing demand and low tolerance for downtime, such as AI, gaming and finance.“Over time, as decentralized infrastructure matches or exceeds the performance of centralized clouds, reliance on single providers will naturally decline,” Carlos Lei, CEO and co-founder of DePIN-based connectivity marketplace Uplink, told Cointelegraph.In today’s tech landscape, decentralized infrastructure often refers to blockchain, which…
Join Our Telegram channel to stay up to date on breaking news coverage JPMorgan Chase & Co. has launched its digital deposit token, JPM Coin (JPMD), on Coinbase’s Base blockchain, deepening Wall Street’s push into Web3 payments. According to a Bloomberg report that quoted Naveen Mallela, the co-head of JPMorgan’s blockchain group Kinexys, the token represents dollar deposits in clients’ accounts and will enable near-instantaneous transfers. Mallela said that while there is “a lot of buzz” around stablecoins at the moment, “deposit-based products offer a compelling alternative” for institutional clients. Other firms seem to agree with the Bank of New…
A coordinated attack on Hyperliquid wiped out nearly $5 million from the protocol’s Hyperliquidity Provider (HLP) vault, when an unknown trader burned through $3 million in capital to manipulate the POPCAT market and trigger cascading liquidations. Blockchain analytics company Lookonchain shared on Thursday that it all started when the attacker withdrew 3 million USDC (USDC) from the OKX crypto exchange and split the funds into 19 fresh wallets. The trader then funneled the assets into Hyperliquid to open over $26 million in leveraged longs tied to HYPE, the platform’s POPCAT-denominated perpetual contract. After this, the trader built a $20 million buy wall…
Join Our Telegram channel to stay up to date on breaking news coverage The Solana price has slumped 5% in the last 24 hours to trade at $158 as of 5 a.m. EST on a 3% drop in trading volume to $5.67 billion. This downturn comes even as fund management titan Grayscale announced it has launched options trading for its Solana ETF (GSOL). JUST IN: @NYSE activates options trading for GSOL and BSOL, Solana’s listed ETFs. pic.twitter.com/6UZ7kmyN4P — Solana (@solana) November 11, 2025 The GSOL ETF, now live with options contracts, offers a unique deal for investors: staking rewards at…
Taiwan is preparing to issue a formal report on its Bitcoin holdings, signaling that officials are weighing whether the country should follow the United States in creating a national Bitcoin reserve.Zhuo Rongtai, the Premier of the Republic of China (Taiwan), said the country is preparing a report to assess the total amount of Bitcoin (BTC) confiscated by domestic agencies.The report will be issued before the end of the year, said Rongtai during the Legislative Yuan’s general fiscal inquiry meeting with the Finance Committee on Tuesday. When asked about the fate of the confiscated Bitcoin, legislator Ge Rujun proposed that Taiwan’s government…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum (ETH) blockchain is poised for one of its most significant upgrades yet, the Fusaka Upgrade, set to take place on December 3. This enhancement aims to tackle one of the network’s most pressing challenges: scalability. Promises Of The Upcoming Fusaka Upgrade According to a recent analysis by The Bull Theory experts on social media platform X (formerly Twitter), Fusaka is designed to fundamentally improve Ethereum’s performance. A key feature of the Fusaka Upgrade is its substantial boost to the network’s capacity, raising the block limit…
A security research team at major crypto exchange Bybit identified 16 blockchain networks that are technically capable of freezing or restricting user funds.Bybit’s Lazarus Security Lab on Tuesday released a report examining the impact of the fund freezing ability across multiple blockchains, analyzing a total of 166 networks.Using AI-driven analysis combined with manual review, the Bybit security team found that networks like Binance-backed BNB Chain are hardcoded with freezing functions.The analysts also reported that the Cosmos chain is among 19 networks that could potentially introduce the freezing capability with “relatively minor protocol changes.”Three main freezing mechanismsAmong the 16 blockchain networks,…
Singapore-based cloud Bitcoin miner BitFuFu doubled its third-quarter revenue from the previous year, driven by demand for cloud mining and equipment as miners sought to capitalize on the rising price of Bitcoin.Total revenue increased 100% to $180.7 million compared to the same period last year, with cloud mining making up $122 million, according to BitFuFu’s Q3 earnings report on Wednesday.The increase was sparked by strong demand for cloud-mining solutions, users buying up mining equipment, and the continued expansion of mining capacity.BitFuFu has doubled its third-quarter revenue compared to last year, thanks to a surge in cloud mining interest. Source: BitFuFuBitFuFu…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) is trading at a crucial juncture after reclaiming the $3,450 level, showing early signs of stabilization following weeks of volatility. While bulls are slowly regaining ground, upward momentum remains fragile as traders await confirmation of a sustained breakout. The recent bounce has sparked renewed optimism, but Ethereum still faces significant resistance around the $3,600–$3,700 range — a zone that must be reclaimed to confirm a broader trend reversal. According to CryptoQuant, institutional sentiment remains mixed. The analytics firm reports that Bitmine, one of the major…