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In a bold move that underscores its commitment to innovation in decentralized finance (DeFi), Sonic has officially integrated Circle’s bridged USDC as its primary stablecoin. This strategic collaboration is set to enhance liquidity, interoperability, and accessibility across the Sonic ecosystem, positioning it as a frontrunner in the evolving DeFi landscape. What is Circle’s Bridged USDC? Circle’s bridged USDC is a …

In a groundbreaking move, MANTRA, a leading Layer-1 blockchain platform, has partnered with the UAE-based DAMAC Group to tokenize $1 billion worth of real-world assets (RWAs). This initiative represents a significant leap forward in the adoption of blockchain technology for tangible assets, marking a new era of digital transformation in real estate and beyond. Tokenizing Real-World Assets: The Next Frontier …

In a significant step towards modernizing its approach to cryptocurrency, Brazil’s financial regulator has announced plans to reform its crypto tax laws. This bold initiative aims to bring clarity, fairness, and efficiency to the taxation of digital assets, signaling the country’s commitment to fostering innovation while ensuring compliance. Why Reform is Needed The rapid growth of cryptocurrency adoption in Brazil …

Block Inc., the innovative fintech company founded by Jack Dorsey, is set to make history as the first S&P 500 company to implement an explicit Bitcoin-focused strategy. According to VanEck’s Matthew Sigel, this pioneering approach underscores Block’s commitment to leveraging Bitcoin as a core component of its operations and vision for the future of finance. A Strategic Embrace of Bitcoin …

In a strategic shift reflecting growing confidence in the future of digital assets, Grayscale Investments, one of the world’s largest digital asset management firms, has announced a significant adjustment to its fund allocation. In a bold move, Grayscale has allocated 90% of its holdings to two of the most established cryptocurrencies: Bitcoin (BTC) and Ethereum (ETH). This decision underscores the …

In a significant move toward increasing regulatory oversight in the cryptocurrency sector, the U.S. Senate has announced the formation of a new subcommittee dedicated to overseeing the growing digital asset space. Wyoming Senator Cynthia Lummis has been appointed as the chair of this subcommittee, a role that positions her at the forefront of shaping the future of crypto regulation in …

CleanSpark, a leading Bitcoin mining company, has reached an impressive milestone, surpassing 10,000 BTC in its treasury. This achievement marks a remarkable 236% year-over-year (YoY) growth in its Bitcoin holdings, signaling the company’s continued success in the competitive and volatile cryptocurrency mining industry. The 10,000 BTC milestone is not just a testament to CleanSpark’s operational efficiency but also a clear …

In a strategic move aimed at bolstering its presence in the European market, cryptocurrency exchange Gemini has announced the formation of a new senior management team dedicated to driving its expansion across the continent. This leadership restructuring comes as the firm intensifies its efforts to broaden its footprint in the rapidly growing European digital asset market. The new team, which …

In a significant move that has caught the attention of cryptocurrency enthusiasts and market watchers worldwide, Russia has begun selling Bitcoin seized in the massive Infraud operation. The sale marks a pivotal moment in the ongoing battle against cybercrime, with the Russian government looking to liquidate a portion of the 1,032 BTC seized from criminal activities linked to the international …

A new survey by Bitwise has revealed a notable shift in the attitudes of US financial advisers toward cryptocurrency, following Donald Trump’s victory in the 2024 presidential election. The survey, which gathered insights from hundreds of financial professionals across the country, indicates that many advisers are increasingly open to incorporating crypto assets into their clients’ portfolios. The results of the …