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Top US banks are considering teaming up on a stablecoin, according to a Wall Street Journal report.
JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Early Warning Services (operator of Zelle) and the Clearing House, among other commercial banks, are reportedly in talks to develop a stablecoin to compete with the cryptocurrency industry.
The Wall Street Journal cites “people familiar with...
An analyst known for making timely crypto calls believes that altcoins may have now entered a massive uptrend after Bitcoin (BTC) hit new all-time highs this week.
Pseudonymous analyst Bluntz tells his 306,000 followers on the social media platform X that altcoins may start outperforming Bitcoin as the digital assets are suddenly flashing bullish.
“Looking increasingly like a full-blown...
The largest decentralized exchange (DEX) and liquidity protocol on the layer-1 blockchain Sui (SUI) is temporarily disabling its smart contracts following a major security breach.
In a statement, Cetus Protocol confirms that a bad actor siphoned approximately $223 million worth of assets from the platform.
The DEX says it has already taken measures to prevent further theft and secure the...
Cryptocurrency analyst Benjamin Cowen is saying that Bitcoin (BTC) could be on the verge of a pullback after soaring to new all-time highs.
In a new strategy session, Cowen tells his 898,000 YouTube subscribers that Bitcoin is on the cusp of forming a golden cross pattern on the daily time frame.
A golden cross pattern occurs when a 50-day moving average crosses above the 200-day moving average...
May 23, 2025 – Abu Dhabi, United Arab Emirates
The Venom Foundation has successfully completed a closed-network stress test of its next-generation protocol, which is capable of completing 150,000 TPS (transactions per second) and finalizing all transfers in under three seconds.
The implementation of this upgrade is set to occur in Q3 2025 and make Venom one of the most effective throughput...
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In recent months, AI (artificial intelligence) workloads have gone from theoretical benchmarks to real-time economic pressure on global infrastructure.
From language models serving millions of queries per hour to diffusion models requiring vast GPU clusters for inference, the strain on power grids and compute resources is accelerating.
Surprisingly, the...
Brazil’s central bank reportedly believes that the US dollar will maintain its position as the world’s leading currency over the next decade.
According to Reuters, the central bank’s monetary policy director, Nilton David, says that the financial institution does not expect the BRICS group of emerging nations to create markets large enough to topple the US dollar’s dominance within 10 years....
The U.S. Department of Justice (DOJ) is charging two men with running a $227 million Medicare scheme.
According to a new press release, Syed Murtuza Kablazada, 34, of Arlington Heights, Illinois, and Syed Mehdi Hussain, 32, of Carol Stream, Illinois, owned and operated medical labs that submitted fake Medicare claims for COVID-19 test kit reimbursement that were allegedly never provided to...
The latest rally sending Bitcoin (BTC) to new all-time highs is showing a lot of strength as one key metric reaches unprecedented levels, according to the digital asset analytics firm Glassnode.
Glassnode says that Bitcoin’s Realized Cap, which records the price at which each coin was last moved and aims to gauge how many holders are in profit or at a loss, is hitting a new all-time high.
“...
A closely followed crypto analyst says that Bitcoin’s (BTC) latest upswing to a new all-time high has confirmed its breakout.
In a new strategy session, crypto trader Kevin Svenson tells his 83,200 YouTube subscribers that the top crypto asset by market cap’s latest upward shift confirms that it’s going to continue climbing until the end of this week, bringing BTC’s price to at least $115,000.
“...