Florida is again with one other try to put Bitcoin on the state’s stability sheet. The new bill, HB 183, revives final yr’s failed effort however with sharper enamel and broader attain. It as soon as once more units a ceiling of 10% of sure state funds that may very well be allotted to digital…
Ripple’s $1 billion acquisition of GTreasury marks a brand new step in its company enlargement and a direct problem to the stablecoin distribution drawback. While Ripple USD (RLUSD) has proven a formidable 987% progress since its December 2024 launch, reaching a provide of $839.9 million, it nonetheless captures solely 0.27% of the $301.9 billion stablecoin…
New York City Mayor Eric Adams simply constructed a new energy heart for crypto inside City Hall. On Oct. 14, he signed Executive Order 57 and created the Office of Digital Assets and Blockchain Technology, a unit that sits within the Mayor’s Office, studies to town CTO, and is led by Moises Rendon. City Hall…
Loyalty points are price billions, however most by no means go away the accounts they’re earned in. Webus International, an XRP-focused treasury company, desires to change that. Last week, the Nasdaq-listed agency introduced plans for a tokenized travel-reward alternate powered by the XRP stablecoin system. According to the press assertion, the Singapore-based agency is concentrating…
California Governor Gavin Newsom signed SB 822 into regulation on Oct. 11, making it the primary state within the US to forestall the forced liquidation of unclaimed crypto. The statute updates California’s Unclaimed Property Law to require that dormant crypto turned over to the state be held as crypto, not routinely transformed to money. The…
UC San Diego and the University of Maryland researchers have reported findings displaying that roughly half of GEO satellite downlinks carry information with out encryption. Further, information interception can be reproduced with simply $800 of shopper hardware. Per WIRED, the group captured telco backhaul, industrial management traffic, and law-enforcement communications, and reported fixes to affected…
Bitcoin ETFs noticed a surge in trading exercise on Friday and Monday, with mixed volumes reaching $9.7 billion and $6.7 billion as tariff headlines rattled threat markets. BlackRock’s IBIT alone dealt with over $6.9 billion on Oct. 10 (its second-highest day ever), as traders repositioned across the day’s worth volatility. Bitcoin ETF volume surge This…
Crypto-based funds attracted $3.17 billion in new capital, at the same time as markets reeled from tariff-related tensions between the United States and China, in response to CoinShares weekly report. On Oct. 10, President Donald Trump introduced that the US might elevate tariffs in response to China’s new rare-earth export restrictions. The assertion triggered a…
XRP is getting into a brand new improvement part as its ecosystem embraces DeFi merchandise and strategically strikes into real-world asset (RWA) tokenization. These steps purpose to present the long-standing digital asset sensible roles past cross-border funds, a shift that would decide its future relevance in world finance. XRP DeFi growth The introduction of mXRP,…
The stablecoin market has crossed a landmark $300 billion capitalization, reflecting its rising function because the connective tissue between conventional finance and the crypto ecosystem. This milestone displays heightened investor demand and the diversification of stablecoin fashions, which vary from fiat-backed giants to yield-bearing challengers. Tether’s USDT continues to dominate with a market share of…