Author: Digicoinvision
China, one of the most restrictive global jurisdictions for cryptocurrencies, is reportedly considering allowing Chinese yuan-backed stablecoins in what would be a major policy reversal.Chinese authorities may authorize the usage of yuan-backed stablecoins for the first time to promote global use of its currency, Reuters reported on Wednesday, citing sources familiar with the matter.According to the sources, China’s State Council will review and potentially approve a roadmap later in August to expand global use of the yuan. The plan reportedly includes steps to counter the US progress on stablecoins.If approved, China’s reported plan for stablecoin use would mark a major…
In crypto, the idea of passive income has always been the holy grail. From early Bitcoin mining to staking ETH, investors have chased ways to make their money work while they sleep. Meme coins like SHIB, DOGE, and PEPE grabbed headlines for their explosive gains, but they rarely offered steady, lasting rewards. That’s where Layer Brett (LBRETT) enters the arena, blending meme culture with a powerful Layer 2 rewards engine. As the 2026 market looms, the question is clear: can the old meme giants keep pace with a passive income juggernaut built for the future? Shiba inu price prediction: Can…
Crypto firm has entered into a credit agreement with crypto exchange Gemini ahead of the latter’s initial public offering (IPO). The crypto exchange revealed the details of this agreement in its IPO filing, with the amount expected to be used to finance some costs that may arise during the public offering. Details Of Ripple’s Agreement With Gemini In its IPO filing with the SEC, Gemini revealed that it entered into a credit agreement with Ripple in July. Under the agreement, the crypto exchange can make lending requests of no less than $5 million each, and up to an aggregate commitment…
Polkadot Capital Group has officially launched as the capital markets-focused division of Polkadot, aiming to bridge traditional finance (TradFi) with blockchain infrastructure. The establishment of Polkadot Capital Group responds to rising institutional demand and increasing regulatory clarity in the U.S. The division will provide insights, educational resources, and engagement opportunities for asset management, banking, and […]
Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States recorded nearly $1 billion in combined outflows on Aug. 19, extending a current streak of investor withdrawals.These heavy outflows can be linked to the recent price corrections in the crypto market.According to CryptoSlate’s data, Bitcoin price retraced from recent highs to as low as $112,000 during the last 24 hours, which is its lowest level since early August.Notably, Ethereum followed a similar path, dropping over 8% in the past week to trade at roughly $4,200 at the time of reporting.Bitcoin and Ethereum ETF outflowsAccording to SoSoValue data, Bitcoin ETFs…
A federal judge in New York ordered Eddy Alexandre, founder of the collapsed crypto platform EminiFX, to pay more than $228 million in restitution after ruling the company was a Ponzi scheme that defrauded tens of thousands of investors.The US Commodity Futures Trading Commission (CFTC) secured a summary judgment against Alexandre and EminiFX, with US District Judge Valerie Caproni holding them jointly liable for more than $228 million in restitution and an additional $15 million in disgorgement, according to a Tuesday court filing.“Defendants Alexandre and EminiFX are jointly and severally liable to pay restitution in the total amount of $228,576,962,”…
“It’s just writing down 12 words, anyone can do it.” This is probably one of the most frequently uttered sentences in this ecosystem when it comes to discussing Bitcoin self custody practices. It’s just keeping some words safe, it’s super easy, anyone can do it right? All the criticisms and reasons people give for someone to not self custody are just Fear, Uncertainty, and Doubt. All that FUD can be cut through with that one sentence, right? Get your coins off Coinbase now! Wrong. This fallacious framing and line of argumentation is no different than saying “shooting a gun is…
A federal judge in New York ordered Eddy Alexandre, founder of the collapsed crypto platform EminiFX, to pay more than $228 million in restitution after ruling the company was a Ponzi scheme that defrauded tens of thousands of investors.The US Commodity Futures Trading Commission (CFTC) secured a summary judgment against Alexandre and EminiFX, with US District Judge Valerie Caproni holding them jointly liable for more than $228 million in restitution and an additional $15 million in disgorgement, according to a Tuesday court filing.“Defendants Alexandre and EminiFX are jointly and severally liable to pay restitution in the total amount of $228,576,962,”…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
各位, With well under three months to go until Devcon, we are moving at full speed toward Osaka! You’ll hear about first programming details and more in the coming days, and with ticket sales now underway, we thought it time for a more formal update! First, Wave 2 of ticket sales are tentatively scheduled to take place on August 6th. We’ve learned and patched a lot following the last round. We used a new, open source ticketing platform this year, and while the platform itself performed admirably, we didn’t get everything right on our configurations for the first production run.…