Stablecoin Adoption Soars Amid Venezuela Sanctions
Venezuela’s reliance on US-dollar pegged stablecoins like $USDT grows amid military threats and hyperinflation, with stablecoins comprising half of the economy’s hard currency. #Update #Crypto $USDT
General category for all types of news related to the cryptocurrency world.
Venezuela’s reliance on US-dollar pegged stablecoins like $USDT grows amid military threats and hyperinflation, with stablecoins comprising half of the economy’s hard currency. #Update #Crypto $USDT
Elon Musk’s @xAI launches Grokipedia, an AI-driven encyclopedia challenging Wikipedia with real-time fact-checking and editing. #Update #Tech
Venezuela’s reliance on US-dollar pegged stablecoins like $USDT is increasing amid military threats and hyperinflation, with stablecoins now accounting for half of the nation’s hard currency #Update #Crypto $USDT
@Citi and @Coinbase are collaborating to enhance digital asset payment services for institutional clients, focusing on fiat transactions and future crypto custody by 2026. #Update #Crypto $BTC $ETH
Gate transitions to a full Web3 operating system, launching Gate Vault, Perp DEX, tokenized stocks, and Gate Travel for 42 million users. #Update #Crypto
Ohio’s House Bill 469 seeks to outlaw human-AI marriages, denying legal personhood to AI systems and holding companies accountable for AI-related harm. #Update #Legal
@HackenProof and @GUR are hosting the National CTF 2025 from November 20 to December 1, featuring multi-level cybersecurity challenges. Incrypted joins as a media partner. #Update #Crypto
@dYdX plans to compensate traders with up to $462K from its insurance fund after an eight-hour outage caused liquidation-related losses during the October market crash. #Update #Crypto $DYDX
@KobeissiLetter highlights a $40B AI-driven data center boom in the U.S., likening it to a modern-day “gold rush” with potential global power market implications. Tech
U.S. Treasury Secretary Scott Bessent has shortlisted pro-crypto advocate Michelle Bowman for the next Federal Reserve Chair, potentially influencing future cryptocurrency policies. #Update #Crypto $BTC
Crypto ETFs saw nearly $1B in inflows, led by $BTC with $931M, as traders anticipate a Fed rate cut. US recorded $843M inflows; Germany $502M. #Update #Crypto $BTC
IBM’s ‘Digital Asset Haven’ is attracting institutional interest due to rising demand for stablecoin payments and tokenized assets, signaling a shift towards blockchain-based corporate infrastructure. #Update #Crypto $USDT
@IBM unveils Digital Asset Haven, a platform for regulated institutions to manage digital assets securely and comply with global standards. #Update #Tech
Ant Group files to register “ANTCOIN” trademark in Hong Kong, covering digital wallets, online payments, and stablecoin services amid recent blockchain initiatives. #Update #Crypto