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Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

The world’s largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations. Citing data from market intelligence platform Chainalysis, Bloomberg reports that stablecoin issuer Tether’s USDT is seeing increased usage at time zones correlated with major cities in Eastern Europe, the Middle East and Africa, including sanctioned nations such […]

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Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express

Banking Giant UBS Rolls Out Tokenized Money Market Fund on Ethereum (ETH)

Banking Giant UBS Rolls Out Tokenized Money Market Fund on Ethereum (ETH)

UBS Asset Management is unveiling its first tokenized investment fund on the leading smart contract platform Ethereum (ETH). In a statement, the global wealth manager and multinational investment bank says the UBS USD Money Market Investment Fund Token (uMINT) will be made available through authorized distribution partners. The Swiss firm with over $5.7 trillion in […]

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Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express

Franklin Templeton Expands Blockchain Record-Keeping System Benji to Ethereum Layer-2 Scaler Base

Franklin Templeton Expands Blockchain Record-Keeping System Benji to Ethereum Layer-2 Scaler Base

Global investment firm Franklin Templeton’s proprietary blockchain-integrated record-keeping system Benji is now on crypto exchange Coinbase’s Base. With the development, the Franklin OnChain U.S. Government Money Fund (FOBXX) – which invests at least 99.5% of its total assets in U.S. government securities, cash and repurchase agreements – can now be traded on the Ethereum (ETH) […]

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Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express

Here’s the Path to ‘Hundreds of Trillions’ of Dollars for Blockchain Industry, According to Sergey Nazarov

Here’s the Path to ‘Hundreds of Trillions’ of Dollars for Blockchain Industry, According to Sergey Nazarov

Chainlink (LINK) creator Sergey Nazarov says that the blockchain industry could grow by hundreds of trillions of dollars due to one main catalyst. In a new interview at the Hong Kong Fintech Week 2024 conference, Nazarov says that Chainlink has developed a way to connect payments giant SWIFT with blockchain technology, opening the door for […]

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Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express

Andreessen Horowitz (a16z) Says There Is Likely 30–60 Million ‘Real’ Monthly Crypto Users

Andreessen Horowitz (a16z) Says There Is Likely 30–60 Million ‘Real’ Monthly Crypto Users

Researchers at the venture capital giant Andreessen Horowitz (a16z) estimate there are tens of millions of “real” monthly crypto users. Calculating crypto users can be difficult because people are often incentivized to create multiple public addresses for security or things like airdrop farming, according to a new analysis conducted by Eddy Lazzarin, the chief technology […]

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Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express

Tether and Coinbase Unveil Tools for Private AI and Autonomous Blockchain Agents

Tether and Coinbase Unveil Tools for Private AI and Autonomous Blockchain AgentsTether and Coinbase are diving deep into artificial intelligence (AI), each unveiling new tech designed to bring enhanced privacy and onchain autonomy to the blockchain world. Blockchain and AI Tools In separate announcements this week, Tether and Coinbase revealed AI-driven products poised to reshape how developers and users engage with blockchain technology. Tether’s CEO Paolo […]

Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express

Cardano’s Next Move? Charles Hoskinson Teases a Nintendo Emulator on Hydra

Cardano’s Next Move? Charles Hoskinson Teases a Nintendo Emulator on HydraThis week, Cardano founder Charles Hoskinson shared that after a team of developers successfully implemented the popular video game “Doom” on Cardano’s Hydra layer two (L2) solution, programmers are now aiming to get a Nintendo emulator working on Hydra. Hydra Heads Take on Classic Games Charles Hoskinson, Cardano’s founder, recently discussed Bitcoin and BitcoinOS (BOS), […]

Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express

CBDCs and crypto should coexist, not compete — CoinDCX co-founder

Sumit Gupta shares insights on India’s approach to CBDCs and private cryptocurrencies, emphasizing the need for balanced regulation.

India’s regulatory position on cryptocurrencies and central bank digital currencies continues to fuel debate, with recent discussions suggesting CBDCs could have an edge over “private cryptocurrencies.”

In an Oct. 23 X post, Sumit Gupta, the co-founder and CEO of CoinDCX, argued that CBDCs and cryptocurrencies like Bitcoin (BTC) serve different purposes and “shouldn’t be viewed as competitors.”

His post prompted responses from the crypto community, with some warning that CBDCs could resemble “digital fiat,” potentially carrying the same inflationary risks as traditional currencies.

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Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express

Qatar Tech Firm Launches Platform for Tokenized Islamic Finance Contracts

Qatar Tech Firm Launches Platform for Tokenized Islamic Finance ContractsBlade Labs, a Qatari tech company, has launched a platform for tokenizing Murabaha contracts, a type of Islamic finance. This innovation allows for broader access to Sharia-compliant financing, both for financial and non-financial institutions. Tokenized Sharia-Compliant Contracts Blade Labs, the Qatar-based tech company focused on blockchain and Web3, recently unveiled a platform for tokenized Islamic […]

Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express

Chainlink (LINK) Extends Run As Top ERC-20 Project in Terms of Development Activity: Santiment

Chainlink (LINK) Extends Run As Top ERC-20 Project in Terms of Development Activity: Santiment

The decentralized oracle network Chainlink (LINK) is once again the top-ranked ERC-20 project in terms of recent development activity, according to the crypto analytics platform Santiment. Santiment notes on the social media platform X that Chainlink registered 649.03 notable GitHub events in the past 30 days, nearly double the number of the second-ranked project, Ethereum […]

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Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express