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Solana’s high staking rewards will live to inflate SOL another day. A contentious effort to reform the blockchain network’s generous inflation regime flopped on Thursday after supporters of SIMD-0288 failed to garner the supermajority they needed to implement the major economic change.
Global asset manager BlackRock’s BUIDL token, issued in partnership Securitize and backed by U.S. Treasuries, crossed the $1 billion milestone in assets on Thursday, Securitize said. Pushing the fund’s size above the threshold was a $200 million allocation this afternoon by crypto
Following two problematic tests of Ethereum’s upcoming Pectra upgrade, the network’s core developers decided on Thursday to create a new testnet to demonstrate the code update a final time before deployment. “A new testnet, Hooli, is going live Monday to wrap up
As cryptocurrencies have been battered in a broad-market correction over the past weeks, digital asset investors sought refuge in tokenized U.S. Treasury products. Since late January, the combined market capitalization of Treasury-backed tokens grew $800 million to hit a fresh all-time record
Bitcoin’s (BTC) role in decentralized finance (DeFi) is growing as the world’s largest cryptocurrency evolves from more than just a store of value, Binance Research said in a report Thursday. The Bitcoin network is “evolving into a broader decentralized finance ecosystem with
A federal jury in the Northern District of California on Wednesday convicted cryptocurrency entrepreneur Rowland Marcus Andrade of wire fraud and money laundering connected to the sale of a token called AML Bitcoin. The charges stemmed from an initial coin offering Andrade
The U.S. Senate Banking Committee has advanced the crypto industry’s stablecoin regulation bill, a first major step toward getting the effort to President Donald Trump’s desk to be signed into law. With its first committee approval, the bill that would regulate U.S.
Bitcoin (BTC) continued to struggle on Thursday as it fought to stay above $80,000. The largest cryptocurrency by market cap is currently down 3% on the day. It has declined 13% in the first quarter and is about 30% off its all-time
Cryptocurrency app MoonPay, has acquired Iron, an API-focused stablecoin infrastructure platform, the company said in a press release Thursday. The acquisition will significantly increase Moonpay’s enterprise offerings, the Miami-based company said, and will allow businesses to accept stablecoin payments. No acquisition price
After the meekest of rallies yesterday following some soft inflation numbers, U.S. stocks Thursday are once again headed sharply lower and apparently pulling bitcoin (BTC) along for the ride. Just ahead of the noon hour on the east coast, the Nasdaq is