Paraguayan agencies are ready to integrate the crypto sector. All that’s missing is the legislation. That’s according to Juan Carlos Reyes, the president of the Comisión Nacional de Activos Digitales (CNAD), the agency in charge of regulating cryptocurrencies in El Salvador. “From my perspective, Paraguay seems to have the groundwork laid for supervision, regulation, and … Read more
Solana’s SOL entered murky waters as Monday’s broad crypto-market drop sent the token of the high-speed, low cost blockchain diving as much as 8% to $124. That’s less than the realized price of $134 for the first time since May 2022, according to Glassnode data. The realized price is the average cost basis of all … Read more
Ethereum’s Holesky testnet finally reached finality on Monday, nearly two weeks after the Pectra upgrade went live. Epoch 119,090 sealed the deal at around 19:00 UTC, with over two-thirds of validators validating the network. An epoch is a period of time when a specific number of blocks is completed on the blockchain. Finality, which locks … Read more
Draconian crypto regulation that stopped U.S. citizens from benefiting from airdrops — a way of rewarding communities of users by distributing free tokens — has cost Americans as much as $2.6 billion in potential revenue and the government as much as $1.4 billion in lost tax income in the past four years, according to venture … Read more
Circle has launched on Tuesday the upgraded version of its Cross-Chain Transfer Protocol (CCTP V2), a tool that facilitates USDC transfers across blockchains. The company said that the upgrade significantly cuts down transaction times to seconds from the typical 13-19 minutes on Ethereum and its Layer 2 networks. CCTP, introduced in 2023, is designed to … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2525.03, up 3.6% (+87.07) since 4 p.m. ET on Monday. Eighteen of 20 assets are trading higher. Leaders: APT (+7.5%) and NEAR (+6.7%). Laggards: BCH (-2.6%) and AAVE (-2.0%). … Read more
Wall Street asset management firm Cantor Fitzgerald has tapped Copper and Anchorage Digital as custodians for its new bitcoin (BTC) financing business, which aims to provide institutional investors with leverage on their bitcoin holdings, the firm said on Tuesday. “We are launching with $2 billion in initial financing and expect to substantially grow the operation … Read more
An Ethereum user saved several MakerDAO positions from the brink of a $360 million liquidation cascade on Tuesday, adding collateral at the final hour as the price of ETH tumbled. One of the positions had a liquidation price of $1,928, this was triggered alongside a market plunge during U.S. trading hours. The ETH was less … Read more
Bitwise Invest has launched the Bitwise Bitcoin Standard Corporations ETF (OWNB), an exchange-traded fund designed to track publicly traded companies that hold at least 1,000 bitcoin (BTC). The index follows specific rules: companies must hold a minimum of 1,000 BTC, with holdings weighted based on the amount of bitcoin owned. The largest holding is capped … Read more
The establishment of a Strategic Bitcoin Reserve (SBR) in the U.S. is a “monumental endorsement” of the world’s largest cryptocurrency, broker H.C. Wainwright said in a research report Monday. The move mints bitcoin’s “legitimacy in the mold of humanity’s most historically prized asset: gold,” analysts Kevin Dede and Michael Donovan wrote. President Trump directed his … Read more
