Technology
A total of 47 banks across South Korea and Europe have entered into a partnership with Chainlink to accelerate cross-border money transfers, according to a report published by CoinDesk. The collaboration aims to leverage Chainlink's blockchain infrastructure to streamline international payment processes that have historically been hampered by
Technology
Ethereum co-founder Vitalik Buterin announced that the Ethereum Foundation will implement a 40% budget reduction as part of a significant organizational reset. The cuts represent one of the most substantial restructuring efforts in the Foundation's history, signaling a deliberate shift in how the non-profit manages its resources and
Technology
The Ethereum Foundation has laid off approximately 20% of its staff, according to a report from CoinDesk, as the organization simultaneously faces a significant departure of senior leadership figures. The cuts represent one of the most substantial workforce reductions in the foundation's history, though specific names of departing
Regulation
The European Parliament has passed a landmark vote clearing the final legislative hurdle for the digital euro, moving the European Central Bank's central bank digital currency (CBDC) project significantly closer to reality. The vote marks a decisive step in the EU's push to establish a sovereign
Regulation
Ripple has received preliminary approval under the European Union's Markets in Crypto-Assets (MiCA) regulatory framework from Luxembourg's financial regulator, marking a significant step in the company's expansion into the European market. The approval positions Ripple to operate as a licensed crypto-asset service provider across
Regulation
The U.S. Senate has passed a housing bill that includes a provision banning the Federal Reserve from issuing a central bank digital currency (CBDC) for a period of four years. The legislation marks a significant legislative development at the intersection of housing policy and digital currency regulation, embedding the
Macro
Bitcoin Magazine Franklin Templeton Closes 250 Digital Deal, Launches Institutional Crypto Division Franklin Templeton has completed its acquisition of 250 Digital. This post Franklin Templeton Closes 250 Digital Deal, Launches Institutional Crypto Division first appeared on Bitcoin Magazine and is
Market
Tokenized RWA market cap tops $51 billion as equity tokenization grows 130% and firms race to define the winning business model.
Exchange
OKX, one of the world's largest cryptocurrency exchanges, and the New York Stock Exchange (NYSE) have announced a joint venture aimed at integrating traditional financial markets with digital asset infrastructure. The partnership will be led by former New York Governor Andrew Cuomo, who will serve as chief executive
Security
Crypto hackers stole $755 million across 83 cybersecurity incidents, as cross–chain bridges remained the most costly attack vector of the crypto industry.
Regulation
The Bank of England published draft rules for systemic stablecoins, easing reserve requirements and replacing holding limits with a temporary 40 billion pound issuance cap.
Macro
The National Business Corporate Pension Fund plans to allocate roughly 1% of its assets to crypto, according to Coinpost.