Cryptocurrency

Cryptocurrency

Bitcoin signals economic concerns amid oil prices rising

Bitcoin slid below $70,000 this weekend after a weak US jobs report, and another jump in oil prices revived stagflation concerns and pushed investors out of risk assets. The largest cryptocurrency fell as low as $65,660, according to CryptoSlate’s data, less than a week after reaching a monthly high near $74,000. The move put Bitcoin … Read more

Cryptocurrency

Amina Becomes First Regulated Bank on EU’s Blockchain Securities Platform

Amina, a Swiss-regulated crypto bank, has joined a blockchain-based settlement platform for tokenized securities operating under the European Union’s DLT pilot regime, marking another step toward integrating digital asset infrastructure with traditional capital markets. The Zug, Switzerland-based company announced Monday that it has become a listing sponsor on the EU-regulated platform 21X, making Amina the … Read more

Cryptocurrency

How United Nations Development Programme is using blockchains for public infrastructure

A new United Nations Development Programme report outlines how blockchain can support public systems. Public institutions are under pressure to modernize faster than their systems were built to handle. In its recent report, New Tech, New Partners: Transforming development in the digital era, the United Nations Development Programme (UNDP) outlines a model for using blockchains … Read more

Cryptocurrency

Bithumb Receives Business Suspension Notice for AML Violations

Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly facing a possible partial business suspension of up to six months as regulators step up enforcement over anti-money laundering controls. South Korea’s Financial Intelligence Unit (FIU) gave Bithumb a preliminary notice of a six-month partial suspension over alleged anti-money laundering and know-your-customer failures under … Read more

Cryptocurrency

Bitcoin’s 20 Millionth Coin Has Just Been Mined

The Bitcoin network has just reached 20 million mined coins, leaving just one million Bitcoin to be mined over the next century.  “The market is about to experience something new: A global asset with almost no new supply left,” Energy Co managing partner David Eng said in an X post on Sunday. On average, about … Read more

Cryptocurrency

RWAs Will Run on Two Blockchain Rails, Says Redstone Co-Founder

Institutional adoption of real-world assets (RWAs) is splitting between public and permissioned networks, exposing a divide between the liquidity advantages of blockchains like Ethereum and the privacy demands driving systems such as Canton Network. The divergence is becoming more pronounced as tokenized assets gain traction among major asset managers. Marcin Kaźmierczak, co-founder of blockchain oracle … Read more

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