Business
The wallet, launching in early 2024 on the Stellar network, will allow users to cash-out the stablecoin at participating locations.
EURC, which is pegged one-to-one with the euro, is already available on Ethereum and Avalanche.
Bitcoin
Ether and other altcoins were largely in negative territory. Yet a markets analyst struck an optimistic note about cryptos’ medium- and long-term prospects.
Regulation
In terms proposed by the attorneys in a letter to the court, Bankman-Fried would obey a gag order prohibiting him from speaking with anyone outside his legal team, parents or brother.
The Bitcoin Ordinals creator proposed creating a new fungible token protocol for Bitcoin.
Crypto and other risk-on asset markets have been unsettled by the prospect of higher interest rates for an extended period. A U.S. central bank governor on Monday reiterated the Fed’s commitment to base its decisions on inflation data.
The unexpected suspension happened after Upbit’s authentication mislabeled scam tokens as legitimate Aptos tokens. APT price jumped 5% on Monday.
The software company now owns 158,245 bitcoins purchased for around $4.68 billion over the last three years.
DeFi
The Arbitrum Foundation has officially taken ownership of the 69 million ARB tokens that users failed to claim before the deadline.
The DeFi project suspended deposits and withdrawals after confirming that its cloud service provider was targeted by hackers.