IMF Urges El Salvador to Reconsider Scope of Bitcoin Law in Growth Reform Talks
TL;DR The IMF is urging El Salvador to limit its Bitcoin law and restrict public sector participation in the use of this cryptocurrency. The IMF’s recommendations
blockchain (Latest Publications)
Ethereum’s ‘Ultrasound Money’ Myth Crushed as Inflation Surges to 2-Year High
TL;DR Ethereum’s inflation has reached 0.74%, the highest level in two years, raising doubts about its status as “ultrasound money.” The adoption of layer 2 solutions
Tether in Trouble? Coinbase to Cut Unauthorized Stablecoins in Europe Before 2025
TL;DR Coinbase will delist all unauthorized stablecoins in the European Economic Area by December 30, 2024. Regulation of stablecoins under MiCA requires authorization as an electronic
Hyperliquid Surpasses $1.39B in Trading Volume, Leading Decentralized Swap Platforms
TL;DR Hyperliquid leads the trading volume of decentralized perpetual swaps, surpassing competitors like Jupiter and dYdX. Yesterday, the platform recorded $1.39 billion in daily volume, outperforming
Cardano’s Move to HyperLedger Identus—Hoskinson Explains What’s Next for Decentralized Identity
TL;DR Transition to HyperLedger Identus: Cardano has shifted from Prism to HyperLedger Identus, an Apache2 open-source framework designed for integrating decentralized identity solutions. Applications and Benefits:
Binance Faces Declining Market Share as Trading Volumes Tumble Across the Board
TL;DR Binance experienced a 21% decline in derivatives trading volume in September, reaching $1.25 trillion, the lowest level since October 2023. Spot trading volume also decreased
PayPal Uses PYUSD Stablecoin for Its First-Ever Business Payment
TL;DR PayPal completed its first business transaction using its stablecoin PYUSD, paying an invoice to Ernst & Young through SAP on September 23. PYUSD has a
Axelar Launches Mobius with Babylon and EigenLayer Integration
TL;DR Axelar has launched the Mobius Development Stack (MDS), a comprehensive interoperability platform that facilitates integration between on-chain and off-chain systems. The MDS includes blockchains such
Vitalik Buterin Supports Community Proposal to Reduce ETH Deposit for Solo Stakers
TL;DR Vitalik Buterin supports the reduction of the 32 ETH requirement for solo staking in order to facilitate individual participation. He proposes a temporary reduction to
Visa Announces Tokenized Asset Platform to Manage Stablecoins and CBDCs
TL;DR Visa launches Tokenized Asset Platform (VTAP) to issue fiat-backed tokens. BBVA will carry out a pilot on Ethereum with VTAP in 2025. VTAP will facilitate
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