In response to recent financial sanctions and the blocking of Russia-linked digital wallets containing over 2.5 billion rubles in USDT by Tether, a senior official at Russia's Finance Ministry has advocated for the development of domestically produced stablecoins. Osman Kabaloev, the deputy head of the ministry'
Kraken, a leading cryptocurrency exchange based in San Francisco, has laid off approximately 15% of its workforce—around 400 employees—as part of a strategic restructuring ahead of a planned initial public offering (IPO). This move comes under the leadership of newly appointed co-CEO Arjun Sethi, who joins Dave Ripley
Bhutan is harnessing its abundant hydropower resources to mine green cryptocurrencies, aiming to stimulate economic growth, provide employment, and curb youth emigration. The country's sovereign wealth fund, Druk Holding and Investments Ltd., has been investing in digital assets since 2019, using profits to pay government salaries. Officials plan
Bolt, a leading financial technology company, unveiled its groundbreaking Finance & Crypto SuperApp, aiming to revolutionize the way consumers manage and move money. This innovative application integrates a wide array of financial services, including traditional banking features and cryptocurrency transactions, into a single, user-friendly platform. By consolidating these services, Bolt
Enterprises around the globe are significantly ramping up their use of AI agents, according to new research released today. The report, published by Cloudera, reveals that 96% of companies surveyed are moving beyond pilot projects and now deploying AI agents in live production environments. This marks a major shift in
Vitalik Buterin, the co-founder of Ethereum, is featured in a new documentary that highlights the significant role blockchain technology played in supporting Ukraine during the early stages of Russia's invasion. The film, shot partly in Kyiv, showcases how decentralized finance (DeFi) systems enabled rapid and transparent fundraising, allowing
The crypto market is closely watching a potentially volatile event involving the Trump-themed meme coin, as 40 million tokens—currently worth around $320 million—are set to be unlocked. These coins, part of the "Official Trump Coin" ecosystem, have so far been subject to a vesting schedule to
CoinResearch.ai launched its AI-powered cryptocurrency toolkit, aiming to simplify crypto investing for both novices and seasoned traders. The platform offers a suite of features, including real-time market analysis, AI-driven price forecasting, and personalized portfolio recommendations. Its user-friendly design provides step-by-step guidance, making it accessible to investors transitioning from traditional
Blockchain innovator Tectum announced the launch of Tectum Labs, an innovation hub aimed at promoting the adoption of tokenization across various industries. Tectum Labs offers comprehensive services to help projects scale in blockchain, DeFi, and NFT ecosystems, providing structured support across the project lifecycle. This includes in-depth evaluations to assess
On April 15, 2025, a significant outage at Amazon Web Services (AWS) Tokyo data center disrupted operations across several major cryptocurrency exchanges, including Binance, KuCoin, and MEXC. Binance temporarily suspended user withdrawals for approximately 23 minutes as a precautionary measure, assuring users that all assets remained secure during the incident.
Brazilian fintech company Méliuz has announced plans to expand its Bitcoin reserves strategy, aiming to designate Bitcoin as the primary strategic asset in its corporate treasury. The company will hold a shareholder meeting on May 6 to vote on formally including Bitcoin investments as part of its corporate objectives. This
On April 14, 2025, OpenAI unveiled GPT-4.1, the latest iteration in its series of AI language models, bringing significant enhancements in coding abilities, instruction adherence, and long-context comprehension. This release includes three variants: GPT-4.1, GPT-4.1 Mini, and GPT-4.1 Nano, each tailored to different performance and cost