Key Takeaways: Industrial Bank links stablecoin research with AI under China’s digital finance agenda. Zhu Guangyao calls dollar stablecoins a new Bretton Woods mechanism. Stablecoin infrastructure may become central to Belt and Road trade integration. China Industrial Bank will prioritize research into stablecoins and expand its “AI+” initiative, according to a report published by Shanghai…
A fast‑moving fight over mining power consumed Monero’s weekend after Sergey Ivancheglo used X to promote an “economic” campaign to dominate the network’s hashrate, which was met by community resistance. The fight escalated after Ivancheglo, the figure behind Qubic and better known as Come‑from‑Beyond (CFB), confirmed the takeover intentions with an incentive-driven 51% attack. As…
In Beijing, prosecutors have jailed eight people for running a year‑long Bitcoin scam that drained over 140 million yuan—around $20 million—from a short‐video platform and then funneled the cash into crypto. According to a White Paper released by the People’s Procuratorate of Haidian District, the case ranks among the most complex anti‑corruption cases handled between 2020 and 2024. What…
Pi Coin (PI) has been frustrating traders for weeks, oscillating between narrow ranges and exhibiting little momentum in either direction. Over the past seven days, PI price has slipped only 0.5%, trading at around $0.448. On the monthly timeframe, Pi Coin price is down 15%, while its three-month decline sits at a deeper 23%. The…
Roman Storm is calling on the public to contribute to his legal defense fund as he awaits his fate during the final days of his landmark trial in Manhattan federal court, a new X post from the Tornado Cash developer shows. Storm Pleads for Help as Trial Nears End “We’re running out of time —…
With the Altcoin Season Index hovering near 40 and Bitcoin dominance rising again, traders are scanning for selective opportunities outside the majors. While not a full-fledged altseason, the current environment is rewarding tokens that connect narrative rotation with actual usage. Uniswap, Arbitrum, and Raydium stand out as examples of DeFi protocols attracting renewed attention as…
Solana is trading at $187.75, with volume exploding 103% to $7.33 billion, as technical indicators show mixed signs at key EMA resistance levels, positioning SOL for a potential breakout or a deeper correction toward the $179 support. SOL is trading below the 20-day EMA but maintaining strength above the key 50-day, 100-day, and 200-day moving…
Pseudonymous lead developer Shytoshi Kusama is expected to join a community vote in favor of increased SHIB burn contributions, adding deflationary pressures to the Shiba Inu price outlook. The Bone meme coin X account shared the “huge progress” made on the vote, tagging Kusama in what has been interpreted by speculators as support in favour…
The XRP price broke out of an almost seven-year downtrend in 2024 and is now trading above $3, sparking renewed optimism across the market. With its steadily growing price, crypto analyst JackTheRippler claims that XRP is unlikely to face any major pullback like in the past, believing that the altcoin has entered a new bullish…
Interactive Brokers is considering launching a stablecoin for customers, a move that would add one of the world’s largest discount brokerages to the list of firms using crypto, Reuters reported on July 28. Founder Thomas Peterffy said in an interview with the newswire that the company is “working on potentially issuing stablecoins.” However, a final…