News

Japan Launches Yen-Backed Stablecoin to Boost DeFi Lending

Japan launched Asia’s first fully convertible yen-backed stablecoin, JPYC, enabling global circulation.The yen’s full convertibility supports a new blockchain-based carry trade linking DeFi yields...

CalPERS to Vote Against Elon Musk’s $1T Tesla Pay Plan Over Risks

CalPERS, the largest U.S. public pension fund, will vote against Elon Musk’s $1 trillion Tesla pay plan due to concerns about scale and company...

Bitchat Tops Jamaica’s App Store During Hurricane Melissa Outage

Bitchat ranked first in Jamaica’s App Store social networking category during Hurricane Melissa.The app operates without internet by using Bluetooth mesh networking to relay...

Solana-based dark exchange HumidiFi plans WET token ICO in November – DL News

HumidiFi, a Solana-based decentralised exchange, will start an initial coin offering (ICO) in November.The exchange handled $33.3 billion in trade volume over the last...

Jamaicans Flock to Bitchat App Amid Hurricane Melissa Chaos

Jamaicans have quickly adopted the decentralized messaging app Bitchat during Hurricane Melissa due to disrupted internet access.Bitchat relies on Bluetooth mesh networks for encrypted...

Will Stock Rise or Fall by 6% Following Q3 Earnings?

Amazon shares could move about 6% up or down following the Q3 earnings report.Current trading price is $229, with a company valuation at $2.6...

Crypto-TradFi Partnerships Like Ripple, Stellar Often Fail to Gain Traction

Solana announced a deal with Western Union for its USDPT stablecoin, but experts doubt its impact.Crypto partnerships with traditional finance, especially in remittances, often...

Ethereum Foundation launches new platform targeting institutions as Wall Street advances crypto – DL News

The Ethereum Foundation has launched a new website designed for financial institutions.The site aims to simplify the integration of Ethereum blockchain into business operations.It...

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Saylor’s Bitcoin Strategy Defies Bear Flag Threat

Bitcoin is trading in a bear flag pattern that suggests a potential 30% drop toward $50,000.Strategy's aggressive BTC buying,...

Salary Required for a $1M Home Loan Nears $200,000

Securing a mortgage for a $1 million home typically requires a minimum annual salary of $175,000.With standard loan terms,...

Arc Blockchain to Launch With Quantum-Resistant Tech

Arc Network will launch its mainnet with built-in support for post-quantum signatures, backed by USDC issuer Circle.The project's phased...

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Nintendo Switch 2 Revealed: 4K TV Gaming with Upgraded Joy-Cons

Nintendo has unveiled the Switch 2 with upgraded features...

Yes, You Must Report Crypto Gains And Losses To The IRS

Mario Costanz, CEO of CryptoTaxPrep.com, talks about the importance...