Day

April 9, 2025

Bitcoin DeFi booms as Core blockchain hits $260M in dual-staked assets

April 9, 20250
Core, a proof-of-stake blockchain built on Bitcoin, has surpassed $260 million in dual-staked assets as institutional interest in Bitcoin-based decentralized finance (DeFi) continues to grow.Core’s initial contributor, Rich Rines, told Cointelegraph that as of April 7, over 44 million Core tokens have been dual-staked with 3,140 Bitcoin (BTC). At the time of writing, the assets...

Crypto fintech Taurus launches interbank network for digital assets

April 9, 20250
Swiss cryptocurrency fintech Taurus has launched an interbank network that is purpose-built for regulated institutions involved in digital asset operations.On April 9, Taurus said in an announcement shared with Cointelegraph that it had launched Taurus-Network (TN), an interbank network designed to simplify and improve digital asset transactions between regulated financial institutions worldwide.The network aims to...

Real estate not the best asset for RWA tokenization — Michael Sonnenshein

April 9, 20250
As more institutions explore blockchain-based finance, some industry leaders say tokenized real-world assets (RWAs) may surpass $30 trillion by the 2030s. Others are casting doubt on that projection.In June 2024, Standard Chartered Bank and Synpulse predicted that RWAs may reach over $30 trillion by 2034. The narrative remained strong in the latter part of 2024,...

New York bill proposes blockchain study for election record security

April 9, 20250
Blockchain may soon earn itself a role in New York State’s voting processes and procedures.New York Assemblymember Clyde Vanel introduced Bill A07716 on April 8, directing the state Board of Elections to evaluate how blockchain could help protect voter records and election results. The legislation is currently under consideration by the Assembly Election Law Committee.According...

US gov’t actions give clue about upcoming crypto regulation

April 9, 20250
The early days of the Trump administration saw a flurry of activity that could give the crypto industry an idea of forthcoming crypto regulations, namely that they may not be regulated as securities. Practitioners have decried a lack of concrete change in the form of new rules and guidance. The skeptics have their reasons. The formation...

Kraken taps Mastercard to launch crypto debit cards in Europe, UK

April 9, 20250
Cryptocurrency exchange Kraken has partnered with Mastercard to issue crypto debit cards across the United Kingdom and Europe, the company announced on April 8.The partnership will enable the crypto exchange to expand its payment offerings by launching physical crypto debit cards.The partnership comes as Kraken continues to pursue a license under the European Union’s regulatory...

4th gen crypto needs collaborative tokenomics against tech giants — Hoskinson

April 9, 20250
The next generation of cryptocurrency projects must embrace a more collaborative approach to compete with major centralized tech companies entering the Web3 space, according to Cardano founder Charles Hoskinson.Speaking at Paris Blockchain Week 2025, Hoskinson said one of the main criticisms of the crypto and decentralized finance (DeFi) space is its “circular economy,” which often...

Thailand targets foreign crypto P2P services in new anti-crime laws

April 9, 20250
Thailand is beefing up measures to combat online crimes involving digital assets by passing new amendments to several national laws.Thailand’s cabinet on April 8 passed a resolution approving amendments to emergency decrees on digital asset businesses and on measures for cybercrime prevention, the Thai Securities and Exchange Commission (SEC) announced.As part of the new laws,...

BitMEX CEO explains how perpetual swaps test altcoin value

April 9, 20250
As the cryptocurrency market matures, advanced trading instruments like perpetual swap contracts are increasingly influencing the value of altcoins, according to BitMEX CEO Stephan Lutz.Perpetual swap contracts are a type of crypto trading contract that lets traders bet on the price of a coin without actually owning it. The derivatives product functions similarly to a...

Builders beware — The UK's 2026 crypto regime is coming

April 9, 20250
Opinion by: Katherine Kirkpatrick Bos, general counsel at StarkWareAs Washington takes a softer stance on crypto, regulators are counting down to even stricter regulations in the UK. The United Kingdom’s Financial Conduct Authority (FCA) is working on plans for a new “gateway” authorization regime by 2026, targeting a broader spectrum of crypto activities. It is easy...
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