Conflux Launches Offshore Yuan-Backed Stablecoin for Countries in China’s Belt and Road Initiative
Conflux, a Chinese blockchain platform, has announced the launch of a new offshore yuan-backed stablecoin during its Conflux 3.0 network upgrade event in Shanghai. This stablecoin, pegged 1:1 to the offshore Chinese yuan, aims to facilitate cross-border payments, particularly for…
Is Bitcoin at risk of correction as SpaceX wallet moves $152m in BTC after three years?
After years of silence, a SpaceX-linked wallet has suddenly moved $152 million in Bitcoin, prompting fresh concerns over what it could mean for BTC’s next price move. According to data from blockchain analytics platform Arkham Intelligence, on July 22, a…
XRP gains momentum as real-world assets on XRPL rise 2,260%
The XRP price is near its all-time high as altcoins see gains. XRP Ledger’s tokenized RWA grew 2,260% in six months, from $5 million to over $118 million. Other metrics and broader market developments add to the bullish outlook for…
How to Cash In to GrabPay Using Crypto in the Philippines via PDAX and Triple-A
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week…
Elon Musk’s SpaceX moves $153M in Bitcoin for first time in 3 years
Key Takeaways SpaceX transferred $153 million in Bitcoin, its first crypto movement in three years. The move was identified by blockchain analytics firm Arkham. Share this article A wallet tied to SpaceX, Elon Musk’s space exploration company, moved more than…
Top Banks Lobby Against Ripple, Circle Trust Approval — Fear of XRP Disruption?
U.S. banking groups are urging regulators to slow down the approval of national banking charters for crypto firms. They argue that companies like Ripple and Circle don’t currently meet the fiduciary standards and shouldn’t yet be granted such privileges. A…
The Ether Machine Goes Public to Offer Institutional Access to a $1.5 Billion Yield Opportunity
The Ether Machine, a company built around ether as a yield asset, has gone public on Nasdaq, backed by a war chest of 400,000 ETH (over $1.5 billion) to open yield opportunities for institutional investors. Company co-founder Andrew Keys believes…
BitGo Files for IPO as Crypto Firms Head to Wall Street
BitGo has filed confidentially with the U.S. Securities and Exchange Commission to go public, joining a growing list of crypto companies preparing for the stock market. The California-based firm is known for providing custody services to institutions and managing over…
Satoshi Nakamoto | The 11th Richest Man in the World
Bitcoin’s recent price surge has put its mysterious creator, Satoshi Nakamoto, in the top 11 of the world’s richest people — at least on paper. Bitcoin’s $120,000 price tag has brought the value of Nakamoto’s estimated bitcoin holdings to around…
Ethereum Buying Pressure Surges Amid New Treasury Wave and ETF Inflows
The pace of Ethereum inflows to spot exchange-traded funds is picking up momentum while new treasury companies stashing the asset are announced almost daily. This will put immense buying pressure on Ethereum over the next 12 to 18 months, said…
