Bitcoin Marks 17 Years Since White Paper Amid Market Downturn
Bitcoin has reached a significant milestone as its foundational white paper, authored by the pseudonymous Satoshi Nakamoto, turns 17. However, this year’s anniversary coincides with an unusual twist , the cryptocurrency is on track for its first negative October in seven years. The Bitcoin white paper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” was released on October […]
Frax Expands Stablecoin Lineup with Korean Won-Pegged KRWQ on Base Network
Frax Finance, the team behind the algorithmic stablecoin Frax (FRAX) and the IQ ecosystem, has announced the launch of a new stablecoin pegged to the South Korean won (KRW). The digital asset, named KRWQ, is now live on Base, Coinbase’s Ethereum Layer-2 network , marking a new step in Frax’s ongoing mission to broaden its […]
Trump and Xi Seek Trade Calm in South Korea as Crypto Markets Begin to Recover
President Donald Trump and Chinese President Xi Jinping met in Busan, South Korea, this week in a high-stakes diplomatic effort to ease trade tensions that had sent shockwaves through global and crypto markets earlier in October. The meeting marks the first major face-to-face discussion between the two leaders since the renewed tariff disputes reignited fears […]
Coinbase Says Banks Misread Stablecoins’ Role in Global Finance
Coinbase has fired back at warnings from major banks that stablecoins could threaten traditional deposits and weaken the lending system, arguing that such fears “ignore reality.” The crypto exchange insists that stablecoins play a unique role in global finance that is being misunderstood by the banking sector. According to Coinbase’s chief policy officer, Faryar Shirzad, […]
Ethereum Foundation Launches New Platform to Attract Wall Street Institutions
Ethereum is making a fresh push to win over traditional finance players with the launch of a new Ethereum for Institutions website, aimed at showcasing how the blockchain can serve banks, asset managers, and corporations. The new initiative marks a strategic effort by the Ethereum Foundation to bridge the gap between decentralized finance (DeFi) and […]